When I use the word "circumstances" I mean more than only underlying movement implied factors. Seems like we are talking about different things. Im saying that covered and naked positions are not the same thing, period. You want an example, here it goes: The legislation of certain mutual funds requires that you must maintain a stock position of X% of your money over Y% of the time of the month. In that case, the choice between long stock + short calls and short puts would not be arbitrary, therefore they are not the same thing. And thanks for the tip, I enjoyed that article over valueline.com.
Global neofeudalism my ass. Have you heard of the book, "Globalization and its discontents"? Well, I think you could just skip that one and move straight to, "Life and its discontents". Cheer up damir, and beat that pervasive pessimism!
The mass fear of outsourcing reminds me of the mass fear that brick and morter retail companies were going to be extinct because of the low cost internet...................Which proped garbage tech companies and their valuation up and the valuations of blue chip retail companies down........ Fear, panic, and the human tendancy to herd like sheep around their fear of uncertainty has not changed, only the topic.
I hope you remember this stupid remark when your standing in line for a $10.00 loaf of bread and it cost you $100.00 to fill your tank. Blame yourself then because there are fears based in stupidity and fears based on facts, discerning between the two is what separates the intelligent from the sick.
re:I hope you remember this stupid remark when your standing in line for a $10.00 loaf of bread and it cost you $100.00 to fill your tank. Do you think outsourcing will cause this?
By the way we need to make an additional answer to the poll. This is how it should read: Outsourcing is an inevitable byproduct of capitalism . For some it will be bad, yet others will find opportunity, and many will see no difference in their lives or standard of living at all.
any update on this guys? 2 years down the road, seems that news of the ecomony's death were exaggerated...
Outsourcing has actually helped the central bankers and the economy by holding down wage-induced inflation.