It's always amusing to observe how you project your inadequacies onto others. Xflat with an X was just informing readers of the truth about you. As I've told you many times, no one cares if you post your trades whether they be real or internet fodder. It's your option ignorance and your lying about the horrific performance of those trades that incurs ridicule and derision. Have a great day!
Isn't the internet amazing? I was flabbergasted to learn that despite all his efforts, there is still a permanent record of his gibberish available for anyone who wants to see the facts .. and not just for his DLP handle. Put_Master and Monkey_Loves_Puts are out there too. The truth will set you free
Oh my god! I've been goaded by Xflat !! Ouch! Why don't you put up an Elite Trader poll asking if readers think that you provide an honest accounting of your posted trades? I promise not to vote and will request that the moderator screen for my IP address. Don't know how to set up a poll here? Ask someone to do it for you. Or are you afraid of the truth?
I've invested in ETF's over the years. A few industry examples were the drug sector, the housing sector, the retail sector, gaming sector, oil, ect.... There are certainly benefits and advantages to investing in them. But what I don't like about ETFs, is you end up investing in crap and/or over valued stocks as well as quality. Thus, I prefer to create my own ETF, rather than investing in a generic one. For example, I could have invested in the drug ETF, as I did in years past. Instead, I created my own drug ETF. Thus I am currently invested in spreads on ABT $37.5, PFE $12.5 and $12, BMY $17.5, AMGN $37.50, GENZ $42.50, BAX $42.50, GILD $35. I've also invested in TEVA and others as well. They all expire between June and Sept. It would have been a lot less work to invest in an ETF, and I would recommend doing so for those without the time to do a lot of research and waiting. But I prefer to select which specific stocks and at which specific prices I invest in. Thus, I do the extra work. I'm currently still waiting to invest in MRK on further price weakness. I've done the same sort of thing on the home consumer staple type stocks. Rather than investing in an ETF, I currently have active spreads on PG, JNJ, CL, CLX, KMB, ect... This way I get to select which specific stocks and at which specific prices. I just like having control over what I specifically invest in and at what speciic prices, vs a generic ETF. The main downside, is, I'm at risk of one of those specific stocks suddenly crashing on me. That happened to me when I invested in the housing related stocks back in 2007. YIKES! Putz Master
<<< For example, I could have invested in the drug ETF, as I did in years past. Instead, I created my own drug ETF. Thus I am currently invested in spreads on ABT $37.5, PFE $12.5 and $12, BMY $17.5, AMGN $37.50, GENZ $42.50, BAX $42.50, GILD $35. They all expire between June and Sept. >>> For those curious, those trades were all posted in real time under my Put_Master handle on yahoo, on the Futures and Options Board. Been posting there for well over a year. All the trades and all the gains and losses, are posted for all to see. I've changed my name periodically to irritate the crazies, who obsess over me and my sharing of trades in real time. The put master handle really drove them up a wall into a crazed frenzy. Thus the reason I decided to stick with that one. Putz Master
Why do some assume I'm not grateful to xflat2186 and spindr0, for encouraging me to leave the un-moderated boards of yahoo, and come to ET, to share and discuss my option trades? I will always be grateful. Putz Master
Feel free to post anywhere you like I never said otherwise. Why do you assume I am angry? What have you done with the BoA stock you have from all the naked Country Wide puts you sold? In the interest of integrity lets discuss all the other stock you should own from all the companies you sold naked puts on under your other names on other boards. You know, the ones you sold on "quality companies".