WIND HUNTER'S Account Talk

Looks like we might have a big run today in stocks. Is it time to go to the lilly pad and let it rest? Maybe pocket the cash? Or ride it? Tough decision..:confused:
 
We've only seen a down market for 2 years in the last 12. The Dow only closed down 3 times the entire month of April. The past however is not indicative of the future.
 
Went to the lilly pad. Dont want to be caught in the sell off. There will be plenty of opportunities down the road to make some more cash...:D
 
WELL I DID IT I SAID I HATED THE FROG POND THEN I DIVE IN KNEE DEEP:notrust: SAVE ME A SLIP IN THE HARBOR FOR TOMORROW:D
 
still holding a spare slip i am sliding into the G harbor i will be off tomorrow dont think i will have time to get online of course unless it rains again:o
 
Good Luck in the dreaded Frog Pond. Plenty of slips in the harbor. Come on in and pour a cold one. Wait for the Storm to pass....:D
 
G L hope I pays for ya tomorrow me i will ride in the G, wus or not now i have to kick myself every time i think about F:confused: , i bet it pays tomorrow since i ran to G. wus :suspicious:
 
Going to get my penny in the G Monday if it doesn't pay today. Made some nice gains this week thanks to the fine people on this board....:D
 
Sold my 100% I allocation and went to the Lilly pad. Market way too risky for me right now. And with what 350z said in the I fund thread about a possible +FV today. It made sense to get out. Going to wait for some down days to jump back in.
 
Exactly!...+FV -FV..That stuff is over my head. I want to keep it simple...:D


What is Fair Value?
One of the most frequently asked questions from viewers calling into CNBC's morning Squawk Box is "What is Fair Value?". Every day, CNBC gives viewers theoretical prices for Fair Value and program trading, listing Fair Value, along with certain levels on the premium (PREM) that would theoretically cause program buying or program selling to hit the stock market. In addition, every time that the NYSE puts collars on computer assisted program trading, CNBC shows a graphic on your television screen that says CURBS IN. So naturally a lot of viewers call in asking about Fair Value, wanting to know exactly what it is and what it means. According to Professor Hans Stoll at Vanderbilt University, the formula for Fair Value is really very simple. Of course that is easy for him to say, since he is one of the world's leading academic authorities on equities markets, listed options, program trading, and a bunch of other stuff about stock markets. Here is Professor Stoll's formula:
FV = S [1 + (I - D)]

· Where "S" is the S&P 500 Stock Index. The ticker symbol is SPX and/or INX on most good data feeds.
· Where "I" is the amount of Interest paid to your banker or broker to borrow the money to buy all of the stocks in the S&P 500 Index. The interest is calculated based on a percentage lending rate (R) from the current date (today) until the date that the S&P Futures Contract expires in March, June, September, or December.
· Where "D" is the amount of Dividends paid to you from the companies that you own in the S&P 500 Index that pay a dividend. The dividends are paid to you based on the record dates for any stock in the Index that is announced between the current date (today) and until the date that the S&P Futures Contract expires in March, June, September, or December. This dividend income is expressed as a percentage rate too.
That's it. Very simple. FV is nothing more than...
...the value of S&P 500 Index, plus the interest I pay my broker to buy all of the stocks in it, minus all of the dividend checks I get from those stocks.


See, very simple.....simply over my head too!!:confused:
 
man i guess i might have missed what i lost yesterday oh well maybe next week, time to run girls to dentist see ya next week :embarrest: floating on G lilly:sick:
 
man i guess i might have missed what i lost yesterday oh well maybe next week, time to run girls to dentist see ya next week :embarrest: floating on G lilly:sick:

Yeah, if we would have known the I was going to bounce back like this we would have all been in but yesterday it looked like we might be in for a correction. You'll get it back. Just have to be patient....:cool:
 
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