First off he sells naked puts, not credit spreads. Get your facts straight before wasting everyone's time. Secondly, where do you get off telling me what I should or should not post? There is an ongoing conversation here and it's an open forum. Niederhoffer may be old news, but in the same way we can still learn from Livermore or Seykota, there are lessons to learn there as well. It helps if you are not too full of yourself though.