IBM option hits entry point

[harryg]

“The most erroneous assumption is to the effect that the aim of public education is to fill the young of the species with knowledge and awaken their intelligence, and so make them fit to discharge the duties of citizenship in an enlightened and independent manner. Nothing could be further from the truth. The aim of public education is not to spread enlightenment at all; it is simply to reduce as many individuals as possible to the same safe level, to breed and train a standardized citizenry, to put down dissent and originality. That is its aim in the United States, whatever the pretensions of politicians, pedagogues and other such mountebanks, and that is its aim everywhere else.”
― H.L. Mencken

The only time my education was interrupted was when I was in school.

George Bernard Shaw

[SOL]

The only time my education was interrupted was when I was in school.

George Bernard Shaw

Priceless. I have several degrees while many will flaunt that as a sign of intelligence. I use it to reflect on time wasted learning crap that could never stand up to real life situations.

[Yodean]

Don’t forget medical providers.

These guys are also brutally bad with investing, it’s comical

Yodean? Yodean? (said in tone of Bueller)

@ScienceNinja: LMAO!

Yeh, there's some truth to the fact that MDs are pretty terrible at investing, in general. Exceptions exist, of course - my pet "1/9" theory applies here, as well. I am living proof ... at least thus far, battlefield conditions are changing.

To be fair, one reason (there are others, of course) that MDs do poorly in investing is that in general, especially early on in their lengthy training programs and independent practice, they work insanely long hours, and on their "time off," they have to study medical journals to keep up with developments in their areas of specialty, etc.

So they don't have a lot of time to devote to studying the markets.

Also, MDs stand out a bit as bad investors because they actually make enough money to make those six and seven-figure investing mistakes that are the subject of gossip at cocktail parties, etc. Believe you me, I've been to a few of those, they are quite fun. In addition, if you are an MD, once you start making some money, tons of people start approaching you with all sorts of investing scams. So there's that.

My 17+ years of investing may be roughly divided into thirds, on balance.

1st third - had some winning years, but was basically terrible, even worse than you are now (did not have T.I. help then, only Elliott Wave MOFOs like Robert Prechter & DoomsDay Gurus like Doug Casey to assist me in losing $$$ faster than I would have on my own);

2nd third - began making crazy sh*t trades on my own - did okay, actually, not great, but okay, overall; probably similar to the level you are at currently, but you have the benefit of the TIT (Tactical Investor Team);

Current third - turned into a consistent, high volatility, but winning hybrid HODLer-Swing-Trader, with the assistance of the TIT and a few others;

You mentioned that between your real estate holdings and small businesses, you are a millionaire. Congrats, that is a significant accomplishment, and I applaud you. With that said, I reached that milestone years ago, and am currently challenging the 8-figure resistance level in terms of personal net worth, or AUM (Assets Under Management). The view here is somewhat different than simply breaking the 7-figure resistance level to the upside, I must say. ROFL.

Still, we all die. My GOG (Guru Of Gurus, not to be confused with GOD), Ms. Death, continues to walk behind my shadow.

[hooligan]

― H.L. Mencken

great quotes! i gotta read Mencken.

these are exploding today. I got one lot at $1.14 and am up 214%. wishing i bought more based on sol's enthusiasm.

i also put a half-lot into the (ns) version at $4.3. wondering what to do with this one. breaking even currently after todays +22%

[chippermon]

I'm going to hang on a bit here. I needed to see 139.27 break and it did. My next resistance is 144.65. If it blows by that then I'll close out at 154.55

[Centeron631]

See we have several stocks getting into Shareholder lawsuits or at least investigations : Ehealth, Docu, and Afrm - two of those on the AI - r there others? and is this unusual for TI?

[Yodean]

I'm going to hang on a bit here. I needed to see 139.27 break and it did. My next resistance is 144.65. If it blows by that then I'll close out at 154.55

Nice ... I am assuming you like to use intraday price movements as opposed to closing prices for most of your trading decisions?

[chippermon]

No, actually. I like to see the levels hold end of day so clearly I counted my chickens before they hatched. I still see momentum in the price, according to my rules, so I will hang on for now but if it reverses tomorrow then I will re evaluate.