SofarthesharpselloffandtheferociousreboundhavelotsofsimilaritiestolastOct.Wehavealreadypulledbackandretraced1/2ofthelosses.Ilessenedofflasttimearoundthislocation,whichwasearlyinretrospect,asmarketgrindedupforanother2-3weeksafterwards.
Iwillstillstartreducinglongshere.NovtendstobestrongermonthheadingintoThanksgivingsbacklastOct.WearegoingintomoretreacheroustimeheadingtoHolloweens.The"ToRais...[
阅读全文]
美女就像熬破神
Sufferstremendoustimedecayienegativetheta,andM16soldthemforincome...
Rentyouroptionsandstocks.Don'tmarrythem.
Shorttheoptionforthelongrunandlongtheoptionsforashortrun.
Justmy2c
[
阅读全文]
AminorconcernaboutGreececanwipeouttwoweeksofgrindinggains.Donotbegreedy.Takeyourprofitsandwaitforlowerentry.Ofcourseifyouareadaytrader,youcanridetheintradaygrindingdown-trend.Formostothers,justtakesmallprofitsandwaitforpullback.
blog.wenxuecity.com/myblog/67448/201505/16792.html
Justmy2c.
[
阅读全文]
Theequitymarketismovinginverynarrowrangethesedaysandwehavenotseen5%+ineitherdirectionforawhile.Itisaresultofrichmarketvaluationandmonetarypolicies.Iamgoingtoputonmy"two-hand"economisthathere.
Ononehandthepricingisveryrich/expensiveforbothequitiesandbonds-iePEmultiplesareveryhighandyield/interestratesareverylowglobally.
OntheotherhandFed/ECB/BoJhaveinplacelowinterestratepolicy...[
阅读全文]
Manyfolksherehaveaskedthequestionwhichcollateralassettheyshouldusetosecuremortgageloans,theirprimaryhometheirinvestmenthome?
ThefactfinanciallysophisticatedinvestorsonTZLCforumareaskingthisquestionpuzzlesme.Separatingfundsfinancedfrominvestmentpropertyvs.owneroccupiedhomeislargelymental:
1.adollarisadollar.moneyisfungible.itdoesnotknowwhereitcomesfrom.
2.alwaysborrowfromthelowestcostof...[
阅读全文]
Themental/psychologicalpressureistotallydifferent.Wearetalkingaboutsomeonewith[
阅读全文]
TherearelotsofmisinformationontheinternetaboutleveragedandinverseETFs.Mostofthemnegativeafterinvestorsobservedthefactthattheleveragedandinversefundstypicallyunderperformxtimestheunderlyingindex(xistheleverageratiothatcanbe-3,-2,-1,2,or3)afteraperiodoftime.
Afewexampleshere:
http://seekingalpha.com/article/1864191-what-you-need-to-know-about-the-decay-of-leveraged-etfs
https://www.tr...[
阅读全文]
IhavebeenreadingalotforOILthesedays.Hereisa2-montholdarticlethatclarifyingthingsaboutthethreedifferentmeasuresofbreakevencostsbycountryandmethodsofextraction:
1.cashbreak-evenprice,iethecostofextractingoiloffthegroundafterwellhasalreadybeendrilled;
2.accountingbreak-evenprice,iethepricenecessaryforanoildrillingprojecttobeprofitable;
3.fiscalbreakeven,iethepricenecessaryforagovernmentto...[
阅读全文]
Istartedworkingaround2002andstartedinvestingwithalmostallstocksintheearlieryears.
1.earliercontributionhasalowercap.Irecall$12Kformyfirstyearfor401a.
2.started...[
阅读全文]
Wanttoshareanarticleaswellassomeofmypreviousthoughtsonhowoilmarketwillplayout.Thefollowingarticleislargelyconsistentwithmythought,althoughIdisgreewiththeconclusion.thequestionishowtotradeit.
*********************************************************
Atthecurrentoutputlevel,Saudifiscalspendingneeds>$90oiltobreakeven.Eachdayoilis<$90,Saudiisburningdollarreserve.yetthecostis[
阅读全文]
