Recent content by J Livermore

I tend to agree with a number of things you said. However, there are philosophical consequences that might occur by getting rid of religion. For instance, without religion there is no longer a reason to help the poor. It is very true that many people have used religion to do bad things in the...

If you want any suggestions then I recommend reading “Options as a Strategic Investment” by Lawrence G. McMillan. I think the 5th edition is the latest version to be published, which is what I have. After all these years it is still considered the bible of options trading. Good luck !

What is the loudest noise in Neverland? Captain Hook when he has jock itch.

What’s worse than being raped by a Kennedy? Being driven home afterwards.

Sharky, I have a question for you: Would you ever consider moving this thread “What are you reading now?” to the foyer? I believe that over the long run, more people would see this thread in the foyer and hopefully consider posting to it, rather than where it is now. Just a thought…

I am in the middle of reading “The Best of H.P. Lovecraft: Bloodcurdling Tales of Horror and the Macabre”. The majority of the stuff is not that scary unless you suspend your disbelief and ask yourself “What if this were real?” if you are to get maximum enjoyment out of the book. The thing...

I just recently finished reading a book on hiking called “High Peaks of the Northeast” by Bruce Scofield. It was written by a member of a hiking club for the New England and NY State areas. I learned a new word: Peakbagger. It means a person who has climbed all the mountains in a given region...

I was once married to a cross-eyed woman. We didn’t see eye to eye. Also, she was seeing someone on the side.

Without knowing what type of trading you do, have you ever considered buying options? They limit your downside risk and you can’t lose more than what you pay for them. Even if you want to add some risk and use them for leverage. A number of years ago, I knew some people who were so worried...

Do a number of countries have stock market averages that have an upward bias (over the long run) or is this something unique to the US?

Are you aware that slavery is ok with the bible ? A person who is ordained once told me there are at least three sections of the bible that say what the proper treatments of your slaves are. If you ask me, there should be passages that say slavery is forbidden.

Hi Nowler ! Welcome back. Except for the news and game shows (ie: Jeopardy) I try to watch as little TV as possible. There is one show which I do watch from time to time and that’s called “Wicked Tuna” which is about Bluefin tuna fishing off the coast of New England. If you have ever gone...

Chad, I meant it is more difficult to make a profit shorting an individual stock than it is to short an index future. The last time I shorted a stock, they were still trading in fractions and not decimals so maybe it’s easier these days with more short term volatility. Also keep in mind that...

Hi Chad, I’ve thought about your question over a few days and some thoughts come to mind: Individual stocks are more difficult to trade on the short side than are stock index futures. Individual stocks are at much greater risk of adverse gaps. I’ve seen stocks gap down on the open by more...