LOL!!! I defer to your trading wisdom. Warren Buf
Post# of 128
Posted On: 03/21/2012 7:32:24 PM
Re: Lorddarkhelmet #96
LOL!!!
I defer to your trading wisdom. Warren Buffett should hire you ASAP.
Sometimes it is best to step away from the computer and recage the gyro so to speak. Aside from my VXX gamble (which isn't going well), I haven't been trading. I did watch a very good seminar on LEAPS and am seriously considering this strategy using instruments like GDX, GLD, SLV or other targeted ETF's/ETN's. Selling calls against the long term LEAPS is a great way to recoup the time premium paid initially.
I think the quote was: "why buy a stock when you can rent it?"
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