Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. jim2000

    jim2000

    You may have to buy the stock if ANF tanks before expiry and you are holding.:eek:
    ANF showed some strength today. But you never know...
     
    #941     Apr 22, 2009
  2. nysestocks

    nysestocks Guest

    True or not:eek:
     
    #942     Apr 22, 2009
  3. nysestocks

    nysestocks Guest

    Shite J2, you mean you are changing your mind already:eek:

    But surely you must have known something about direction when you told me to hold on to the puts - why else would you tell me:confused:

    NO STOCK NO MATTER WHAT - I am not forking out that kind of money just to protect a measly possible $550:eek:

    I think I will ring my broker to get another opinion, if that is OK with you:D
     
    #943     Apr 22, 2009
  4. jim2000

    jim2000

    Well, now you are making me think. Why do you torment me so!:D

    I think there is a good possibility that the puts will expire. But you never know.

    The market (people) will do what it wants and it could go up some more or it could go down. To hold the puts and if ANF closed at $10/share on friday you could be in some pain to the tune of $9,000. That's bad. And to hold the puts and if ANF goes banktrupt tomorrow, that's worse. Not good for the bottom line. And it is a possibility, albeit a small one.

    On second thought I would cover. :)

    And no, I do not know anything about direction. My thought was that it is likely the puts will expire but if they don't you showed me there was too much risk involved.

    This is why you and RN are taking all my hard earned money!!

    I must say this has been very educational and enlightening.:D :D

    Thanks for this lesson the easy way, i.e. no real losses.
     
    #944     Apr 22, 2009
  5. RainMann

    RainMann


    THE RE-WRITE:


    Hey, I got a fistfull of puts here; what do you guys think we should do with 'em.

    Well, Boss we just hit a retracement of the monthly high is all I see.

    Son, we don't use Fib retracements around here!

    Yeah, I know Boss. I just thought I'd point it out. Other than that, I got nothing.


    Well, THINK son.

    Tryin' Boss.

    Alright, anybody else?



    END OF RE-WRITE
     
    #945     Apr 22, 2009
  6. Redneck

    Redneck


    RM,

    You’re back and you’ve figured out you ain’t got much – I respect that

    So I’ll help you just as much as you help yourself



    When we first started looking at ANF – NY said something specific about it

    Go figure out what he said, and meant


    Next – you need to know something(s) in order to trade the thing

    Make a list of “specifically” what it is you need to know

    Keep the BS out of it please, but use plenty of Mel Gibson


    As you’ll need to think through this – getting these things collected up could take you a day, a week, a month, or longer (ask me if I care)

    I’m still working on the last puzzle

    RN
     
    #946     Apr 22, 2009
  7. Redneck

    Redneck

    ROTFLMAO
     
    #947     Apr 22, 2009
  8. jim2000

    jim2000

    Page 122
    Page 153
    These posts look eerily similar. Is it:

    -plagarism or
    -one in the same or
    -like minded people who both know the 'obvious'?

    I like to think the latter.
     
    #948     Apr 22, 2009
  9. RainMann

    RainMann

    Quote from NYSE

    Could this be "Follow the leader"


    Quote from NYSE


    Means it rises and falls with some other related markets, possible consumer retail related?



    Quote from RN


    Meaning it's doubtful that it can sustain this kind of momentum?







    Is there more????
     
    #949     Apr 22, 2009
  10. Redneck

    Redneck



    Well I’ll be go to hell



    Are you possibly a wolf in sheep’s clothing….

    Or was your sleep really that enlightening (must be one of those posture pedic beds I seen advertised on TV)


    I wonder:confused:



    Oh well no matter – The last question you ask – do what’s next and it will help you figure out what you need to know…., and if there is more


    Remember we humans are all part of a bigger family – just as ANF must certainly be – although I don’t know what ANF is, does, or stands for – but neither do I care – as I will only trade it :cool:


    Note to self – Gotta get me one of them beds :eek:


    RN
     
    #950     Apr 22, 2009