BP calls looking pretty good right now from 3 days ago.

renaissance_warrior · July 15, 2010, 23:36

Always buy in 'skilled adversity' and sell to the daily news readers. In other words, rely on the expertise of the creator of any adverse event, instead of the regulators. All they have done is turn a Katrina into an oysterbed Armageddon. I guess is sucks to be a Republican governor when your whole state-wide livelihood is at stake.

The Dems will pay the price, and yes, there will be hell to pay, especially when Carville goes off on The Empty Suit. Game on.

gates · July 16, 2010, 00:30

:-) had the aug 35s baby! made an assload but sold them too soon!. YES I do ocassionally go long:-)

**brunop** · July 16, 2010, 00:38

Gosh damn it - I shoulda been thinking like that, too.

Nice move.

gates · July 16, 2010, 10:12

lol Brun - I loaded the boat at the close yesterday with spy aug 108 puts:-) broke even from yesterdays drubbing:-) best I have been able to do in this mkt is tread water - pretty much a waste of time.

**brunop** · July 16, 2010, 13:50

I shoulda done a straddle on BP from the get-go. It's not like they're going to plug along in this mess...

July 15, 2010, 23:36	#1
renaissance_warrior Registered FALaholic #: 13689 Join Date: Mar 2004 Location: Denver, Colorado Posts: 8,558	BP calls looking pretty good right now from 3 days ago. Always buy in 'skilled adversity' and sell to the daily news readers. In other words, rely on the expertise of the creator of any adverse event, instead of the regulators. All they have done is turn a Katrina into an oysterbed Armageddon. I guess is sucks to be a Republican governor when your whole state-wide livelihood is at stake. The Dems will pay the price, and yes, there will be hell to pay, especially when Carville goes off on The Empty Suit. Game on. __________________ "In the beginning of a change, the Patriot is a scarce man, brave, hated and scorned. When his cause succeeds, however, the timid join him, for then it costs nothing to be a Patriot." - Mark Twain “The government turns every contingency into an excuse for enhancing power in itself.” - John Adams "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed, lest Rome becomes bankrupt. People must again learn to work, instead of living on public assistance." ~ Cicero , 55 BC ~

July 16, 2010, 00:38	#3
brunop Refresh Key Masher Platinum Contributor FALaholic #: 17136 Join Date: Mar 2005 Location: oregon Posts: 6,475	Gosh damn it - I shoulda been thinking like that, too. Nice move. __________________ "I love you, Pluskat..." - brunop "Rebellion to tyrants is obedience to God." - Thomas Jefferson "The constitutions of most of our states [and of the United States] assert that all power is inherent in the people; that they may exercise it by themselves; that it is their right and duty to be at all times armed; that they are entitled to freedom of person, freedom of religion, freedom of property and freedom of the press." - Thomas Jefferson

July 16, 2010, 13:50	#5
brunop Refresh Key Masher Platinum Contributor FALaholic #: 17136 Join Date: Mar 2005 Location: oregon Posts: 6,475	I shoulda done a straddle on BP from the get-go. It's not like they're going to plug along in this mess... __________________ "I love you, Pluskat..." - brunop "Rebellion to tyrants is obedience to God." - Thomas Jefferson "The constitutions of most of our states [and of the United States] assert that all power is inherent in the people; that they may exercise it by themselves; that it is their right and duty to be at all times armed; that they are entitled to freedom of person, freedom of religion, freedom of property and freedom of the press." - Thomas Jefferson

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July 16, 2010, 00:30	#2
gates Registered FALaholic #: 129 Join Date: Jul 2000 Location: phx az Posts: 10,328	:-) had the aug 35s baby! made an assload but sold them too soon!. YES I do ocassionally go long:-)

July 16, 2010, 10:12	#4
gates Registered FALaholic #: 129 Join Date: Jul 2000 Location: phx az Posts: 10,328	lol Brun - I loaded the boat at the close yesterday with spy aug 108 puts:-) broke even from yesterdays drubbing:-) best I have been able to do in this mkt is tread water - pretty much a waste of time.