Ditching my longer term puts – temporarily.

September 11, 2009 by Ryan Barr

Well, it appears that the bulls have pushed the tape high enough to do some short term technical damage to the tape.  It looks like we are headed towards the 1100 mark on the
SPX(1142.64 -2.97) and possibly a bit higher.  I don’t see any reason to allow my puts to continue to lose value [...]

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Loading Papermoney for the Drop

September 6, 2009 by Ryan Barr

I’ve just added a whole slew of option positions into the order queue for my papermoney portfolio.  These are almost all October/November expiration positions that include long put butterflies, short call verticals, long put verticals etc…  I’ll post all of the details depending on the fills that I get.  Basically, I’m winding it up and [...]

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Why 1945 doesn’t matter vs. today’s spending – it’s all about the mandatory stuff.

September 4, 2009 by Ryan Barr

I’ve recently been turned onto the Business Insider.  So far, I’ve been fairly impressed with the content,
this is a great article from their site:

Paul Krugman is trying to have it both ways when it comes to the deficit. On the one hand, he says it isn’t a big problem, and that we can afford [...]

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Hey look – The FHA is about to go broke, go figure.

September 3, 2009 by Ryan Barr

Sometimes you just read something and think to yourself…. WHAT ELSE DID YOU EXPECT WOULD HAPPEN!?!
From the
WSJ:
The Federal Housing Administration, hit by increasing mortgage-related losses, is in danger of seeing its reserves fall below the level demanded by Congress, according to government officials, in a development that could raise concerns about whether the agency [...]

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Another Kellogg Quarter is in the books – almost :)

September 1, 2009 by Ryan Barr

I have one final left, so I guess this post is a bit premature.
This quarter was filled with a lot of math.  I great way to spend a summer if I do say so myself (sarcasm is dripping in that statement).  Statistics and microeconomics.
This evening was my micro final.  It wasn’t horribly difficult.  I did [...]

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Papermoney gets a fill – thanks for a quick rally Mr. Market

September 1, 2009 by Ryan Barr

Well, the quick run-up this morning provided a nice moment for the papermoney portfolio to get filled.  I’m not the proud owner of 90 SPY puts for March 2010.  Oh yeah, they are up more than 5 grand by the end of the day as well.  I’m not going to close them out for a [...]

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This is rich – GM and Chrysler can’t even execute when the Fed’s pay people to buy cars

September 1, 2009 by Ryan Barr

Much like the post office, it appears that GM and Chrysler aren’t exactly competitive with their privately held counter parts – even with huge amounts of cheap capital!

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They are finally starting to get it…

August 31, 2009 by Ryan Barr

The walls are beginning to crumble around this administration and the media is finally beginning to report it, a little bit.

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Awaking Papermoney from a deep sleep

August 28, 2009 by Ryan Barr

I’ve recently been very bad at keeping updated trades in the Papermoney Portfolio. Thankfully, I don’t think anyone actually follows it
Well, I’m following some activities in my real account in Papermoney, going heavily short with Puts on the SPY.  I placed a few buy GTC Limit orders this evening that should get triggered [...]

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Simply amazing – 84 bank failures already this year.

August 28, 2009 by Ryan Barr

Via
Calculated Risk:
From the FDIC: Pacific Western Bank, San Diego, California, Assumes All of the Deposits of Affinity Bank, Ventura, California
Affinity Bank, Ventura, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. …
As of July 10, 2009, Affinity Bank had total assets of [...]

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