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Philip Davis

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AA, AAPL, ABB, ABK, ABT, ABX, ACL, AGQ, AIG, ALL, ALU, AMAG, AMGN, AMTD, AMZN, APPY, ARIA, AU, AVP, AXP, AYE, AZN, BA, BAC, BAIRY.PK, BAX, BBY, BCS, BHI, BHP, BIDU, BIIB, BJ, BKE, BKS, BLK, BMRN, BMY, BOH, BONT, BP, BRK.A, BRK.B, BSC, BSX, BTU, BUD, BWLD, BXP, BYERF.PK, C, CAL, CAT, CATO, CBE, CCE, CEG, CHH, CHK, CHKP, CHL, CICHF.PK, CL, CLR, CMG, CMG.B, CNY, COF, COH, COL, COP, COST, CPX, CREE, CRIS, CROX, CS, CSCO, CSRGF.PK, CSTR, CSX, CTL, CVX, CY, CYB, D, DAL, DB, DBA, DBB, DBC, DBO, DCM, DCTH, DD, DDM, DDS, DECK, DELL, DEST, DIA, DIS, DNDN, DO, DOV, DOW, DUK, DVN, DXD, ED, EDU, EDZ, EEM, EFA, ELN, ENER, ENP, ETFC, ETN, EU, EUO, EWG, EWI, EWJ, EWP, EWQ, F, FAS, FAZ, FB, FCS, FCX, FDX, FFIV, FINMF.PK, FLIR, FMCC.OB, FMCN, FNF, FNMA.OB, FPL, FRC, FRED, FRO, FRX, FSLR, FTO, FTR, FXE, FXI, FXY, GDP, GDX, GE, GEX, GG, GILD, GLD, GLL, GLW, GM, GMCR, GMRRQ.OB, GNW, GOOG, GPS, GRPN, GS, GSK, GXC, HAL, HBC, HBC.A, HBOS, HCBK, HD, HELE, HES, HNP, HNSN, HON, HOTT, HOV, HPQ, IAU, IBM, ICE, IEV, IFNNY.PK, IGOV, IHG, ILMN, IMAX, ING, INTC, IRBT, ISRG, IVV, IWB, IWD, IWM, IWV, IYR, IYT, JCI, JCP, JEF, JNJ, JOSB, JPM, JWN, JYN, KFT, KMI, KMP, KO, KSS, LAMR, LDK, LEG, LEH, LLY, LNG, LPL, LTD, LULU, LUV, LVS, M, MA, MBI, MCD, MCO, MDR, MEE, MER, MHP, MMI, MMM, MMR, MO, MON, MOS, MOVE, MRK, MRO, MS, MSFT, MSM, MT, MTB, MUB, NEM, NFLX, NISTY.PK, NMG, NTDOY.PK, NVS, NWS, NYX, OIH, OIL, ONB, ONTY, OPEN, OSG, OSTK, OXPS, PBCT, PBR, PCLN, PCR, PD, PEG, PEP, PFCB, PFE, PG, PGJ, PGR, PLCE, PM, PNFP, POT, PTR, QCOM, QID, QQQ, RAD, RAI, RBS, RDS.A, RHHBY.PK, RIG, RIMM, RIO, RKH, ROH, ROST, RPM, RSH, RSX, RTH, RYAAY, S, SBUX, SCHW, SCO, SDS, SGP, SHAW, SHLD, SIRI, SKF, SKS, SKX, SLB, SLM, SLW, SMN, SMRT, SNDK, SNE, SNP, SNY, SPG, SPPI, SPWR, SPY, SQQQ, SRE, SRS, SSI, SSO, STI, STJ, STZ, SU, SUN, SVNT, SVU, SWCEY.PK, SWK, SWKS, SYX, T, TASR, TBT, TGT, THE, TIE, TJX, TK, TKGBF.PK, TKPHY.PK, TLT, TM, TNA, TOL, TQQQ, TRF, TRV, TSN, TST, TWX, TXN, TZA, UBS, UDN, UGL, UNG, UNH, UNP, UPS, USG, USO, UTX, UUP, UYG, V, VGK, VIP, VLO, VNO, VOLVY.PK, VRTX, VXX, VZ, WAMUQ.PK, WB, WFC, WFR, WHR, WMT, WOR, WTSLA, WWY, WYE, WYNN, X, XHB, XLE, XLF, XLNX, XOM, XRT, XRX, XTO, YHOO, YRCW, ZION, ZSL
  • Thursday Foolishness: More Of The Same With One Trade [View article]
    Also, the BOJ tries to jack up the Dollar from the Nikkei open to close to cheer up their exporters, once the Nikkei closes, they often drop the pretense and the Dollar drops and the market pops a bit - making for a very easy trade (when it's working).
    Jan 9 07:30 AM | 1 Like Like |Link to Comment
  • Thursday Foolishness: More Of The Same With One Trade [View article]
    You're welcome Auto.

    One reason brokers discourage options for retail accounts is that, if you learn how to hedge your account, you will trade less and that generates less fees for them.

    Our virtual Income Portfolio (to generate retirement income with a minimum of fuss) gets updated once a month and performs great but that's a nightmare for a broker, who want to see people moving their money in and out of things as the market flies up and down.

    Unless, of course, the broker has convinced you to put your money into ETFs or Mutual Funds - as those take a fee every month whether you trade them or not. What a racket!
    Jan 9 07:29 AM | 1 Like Like |Link to Comment
  • Thursday Foolishness: More Of The Same With One Trade [View article]
    Hi Kalle! We're a small company with just one part-time customer service guy so we don't really do phones. There's no hard-selling at PSW, we have many Membership levels that let you step up from trying us out to a full Membership - even the Report Membership, which is just $695 a year ($99/month), allows you to browse back on our chat sessions that are 7-30 days old so that anyone can easily go back and read at least a month's worth of posts before deciding if they feel one of our more advanced Memberships would be helpful to them.

    Frankly, we don't WANT people who need to be convinced to join us because what we teach is hard work - not some "get rich quick" scheme for the markets. We expect time and effort to be put in by our Members to learn the PROFESSION of trading and that's not for everyone.

    Yes, of course we have Members all over the World (see the globe on our main page to see who's on-line recently) and you can contact us by Email but we're not here to sell you anything - we're here to teach people who want to learn and who, eventually, will themselves become one of our many great contributors.

    http://bit.ly/uQEGJj
    Jan 9 07:24 AM | 0 Likes Like |Link to Comment
  • Thursday Foolishness: More Of The Same With One Trade [View article]
    Meanwhile, oil down to $101.70 - that's up $1,800 per contract from the after 11 re-entry at $103.50 I mentioned above. Not bad for a day trade!
    Jan 5 03:24 PM | 0 Likes Like |Link to Comment
  • Thursday Foolishness: More Of The Same With One Trade [View article]
    That's a very good adjustment. Actually we would pull the FAZ hedge with less than a 50% loss once we felt BAC was on its way safely but you are right - if you intend to keep the hedge to the bitter end regardless of actual movement - Shorting FAS has a better chance of success.

    That Phil Davis guy makes an excellent point too!
    Jan 5 03:23 PM | 1 Like Like |Link to Comment
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