Options Trading with bzb!

[blurr]

[quote=bumblebee;41195]Gold, because it is a scarce resource has been revered since the times of the egyptians.

But you are correct, and I have previously stated before in numerous threads, lead, powder and brass...ammo...will be just as valuable as gold in the future.

I previous stated that I am buying bricks of .22LR ammo. I can carry several hundred rounds of .22LR in my pockets or pack because it is much lighter than 9mm, 30.06 or shotgun shells. In the weapon of a good marksman, a .22 will provide meat for the table. A few well placed shots of .22 can repel boarders from long distance if you have to protect the homestead...which has a value on it's own.

you live in a complete fantasy land, a .22 is an alright survival weapon but have you actually done much hunting? you sure do not sound like it. Learn how to make snares and other traps, far more effective for small animals. Big animals you better be damn close to dump a deer on up. can be done, but not much energy in a .22lr
As for repelling people, one problem with a silenced weapon (which is nearly what a .22 is) it loses its "bang" and fear factor when it goes off, it was a hard lesson learned by SOG troops in nam, check out plasters book, good read, many other references to it. a quite gun certainly has its advantages, but creeping around like super ninja is not going to be what you think it is, distance=chance of error in those shooting at you and chance for escape.

Valuable is a regional thing...there are people who would kill Blurr tomorrow to get the firewood he has stockpiled to heat his home.

Im not stupid enough to stock up, I will just take what I want, being mobile in a time like that is key, stay stationary, stay dead.

[bumblebee]

I take game every year with .22. I am very good with one, but you are correct, you must get close to be effective...just like with my bow

One of the advantages of an almost silenced weapon Vs the boom and bang of large bore is concealment and effect. I am of the school that watching/hearing your comrades go down while frantically searching for where the fire is coming from creates a certain amount of fear of it's own. Also, well placed hits can take 3 with one...two carry one out.

I guess there are many schools of tactics to follow, and each has to choose their own. But I would rather be hustling through terrain with my five pound .22 and a couple of hundred rounds of ammo versus the 9 to 11 pounds my LR 308 or my M1 weigh with a single full mag, let alone carrying round several mags.

[bzb]

My top picks this week for January 2010 option close.



ZLC
Zales Jewelry
Currently trading at $2.90
Option ZLCMZ @ 2.50 trading at $0.30
3 contracts, 10% profit, 28% downside protection

Next earnings release is in late February. Seems like a good pick, as it's the holidays and the overall economy is gaining steam. The charts reflect an upswing.

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DRYS
Dryships Inc.
Currently trading at $6.77
Option OOCMF @ 6 trading at $0.33
2 contracts, 4.5% profit, 18% downside

Next earnings in March. Charts reflect a bottom, should start raising up - company just bought a couple new ships and appointed a new CFO recently.

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KERX
Keryx Biopharm
Currently trading at $2.77
Option QKYMZ @ 2.5 trading at $0.25
3 contracts, 8.4% profit, 21% downside

Chart is relatively flat, appears to be turning upwards. They're trialing a new drug for Myeloma with favorable results. Don't see any approvals from FDA on the horizon yet. Next earnings report isn't until March.


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Borderline:

BZH
Beazer Homes
Seems to have bottomed out on its line of support, but the good news is just starting to come out about home builders. Sentiment could change for the worse quickly.

Edit: BZH also looks like its line of support is right around $4-5. If you don't mind owning this one while homes start picking up again, it should be good. But the chart looks like it likes to dip right back around the strike price at the end of the last few months.


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What I'm staying away from:

YRCW
YRC Transportation/Trucking
Even though this is massively profitable (40%+), it's extremely risky right now. Detailed why previously in the thread.


AMD
Microprocessors
This is at the top of its upswing. Expecting this to drop like a rock in the next month and a half.




Doesn't seem like very many contracts above, because I'm still eating my way out of a couple positions - so I have quite a few grand tied up in those right now. Also have to wait on the positions I have from December to close out on Friday to see where I'm at. This week has been really volatile.

[blurr]

anything jewelry and makeup right now is a great investment, historically, during times of "poverty" jewelry and makeup will do well as women want to attract a mate


Any clothing of bright color, especially red.