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Archive for October, 2006

Millionaires in the Making

Wednesday, October 25th, 2006 Posted in Uncategorized | 7 Comments »

CNN has a monthly feature titled "Millionaires in the Making". Every month, they feature a young couple who make over $120,000/yr and have 'amassed' a nice nest egg, usually between ... Read more..

On Going Naked

Monday, October 23rd, 2006 Posted in Gambling, Options, WCI | 10 Comments »

In a previous post on WCI, I had mentioned that I had sold some March 2007 Calls. When you sell a call and you own the underlying stock, its ... Read more..

WCI Gets Smacked Down!

Friday, October 20th, 2006 Posted in Options | No Comments »

Basswood Partners, a hedge fund sent a letter to WCI asking for representation on the board. Its owns about 5% of WCI stock."Since becoming a public company almost five years ... Read more..

Guess I was wrong!

Friday, October 20th, 2006 Posted in Foreign Stocks | 1 Comment »

I was wrong about the price of gas rising after OPEC announced a production cut. The market decided that the OPEC members were just going to keep pumping oil and ... Read more..

Got My Japanese REITs

Thursday, October 19th, 2006 Posted in Foreign Stocks, Gold/Silver, REITs | No Comments »

Finally managed to buy the Japanese REITs yesterday. The Tokyo Stock Exchange is about 14-16 hours ahead so you have to submit it and check on it later to see ... Read more..

OPEC Cuts Output

Thursday, October 19th, 2006 Posted in Oil and Gas | No Comments »

Christian at InvestorGeeks.com thinks that Oil will stay in the $50-$60 range for a while and that the Dollar won't continue it slide.Opec just reported that its cutting production by ... Read more..