Louetta's Lore

[Rob]

Give me a break, Ice Man. It's almost 11:00 p.m. here on the east coast.

[IIC]

Give me a break, Ice Man. It's almost 11:00 p.m. here on the east coast.

Let's all move to Hawaii...Then we can get an early start on the markets

Actually, IMO, I think Central Time is the best Time Zone to live in for the markets

[Louetta]

I don't recall that???

Yeh, it was like how pussy was distinguished from twat and the infamous c word and how the c word can be used as a measure of width.

[Louetta]

Let us know if you find anything useful...thx...Doug

Yup. Night night.

[Rob]

I think Central Time is the best Time Zone to live in for the markets

I recall a few years ago reading that there was a chance that the markets would soon go to around-the-clock trading. That would level the playing field for everyone, at least where time zones are concerned.

[Rob]

Lou, I was not "mad." Truthfully, I was more embarrassed than anything else.

[IIC]

I recall a few years ago reading that there was a chance that the markets would soon go to around-the-clock trading. That would level the playing field for everyone, at least where time zones are concerned.

Well...You can trade futures "almost" around the clock

[IIC]

Yeh, it was like how pussy was distinguished from twat and the infamous c word and how the c word can be used as a measure of width.

Well...No one can accuse you of being shy or timid...Good night to you and your stuffed animal collection...

[Rob]

Well...You can trade futures "almost" around the clock

You mean commodities?

[IIC]

You mean commodities?

Whatever they are trading http://www.cme.com/

I prefer to call it a day at 1pm PDT myself though

[Louetta]

Lou, I was not "mad." Truthfully, I was more embarrassed than anything else.

Its best forgotten about.

[Rob]

Its best forgotten about.

So let it be written. So let it be done.

[Louetta]

Well my covered call position in ASPV is takeing a hammering today based on an earnings warning by the company. Its very irritating. I had an October $25 call and the stock is now down to $22 or thereabouts so I am attempting to buy back my Oct. 25 call and sell an October $22.50 call for a net debit of 35 cents. Not much but at least its better than nothing. The company is still standing behind their full year guidance so methinks there may still be a smidge of upside here so when the Oct call expires I'll probably hang onto the stock and see if I can find a November call to sell for a decent premium and see if I can get back in the money. Originally I paid $25.65 for the stock and sold the first call for $2.00 so I need the stock to finish above $23.65 to avoid losing money. If I can pick up 35 cents more here my break even goes down to $23.30. Currently its at $22.00. We'll see.

[Rob]

Louetta...I see you use e.g. I use that a lot too.

BESIDES Louetta...Who can tell me the difference between i.e. and e.g. ???

NO FAIR GOOGLING IT...Let's see who knows...Doug

I have no intent to beat a dead horse, but I did find this cool list of abbreviations from the Oxford Dictionary.

p.s. But it doesn't have ff, for "folios following."

[IIC]

I have no intent to beat a dead horse, but I did find this cool list of abbreviations from the Oxford Dictionary.

p.s. But it doesn't have ff, for "folios following."

That's a Gr. or is it a Gt. list