Someone has pulled a bin Laden trade and has made nearly one billion dollars in puts for the SPY. I'm trying to find out more about this put that was made on the SPY.
Google " bin Laden trade put 4.5 billion " .
4.5 billion dollars will be made by September 21st, 2007, if the puts don't expire first and if something causes the markets to drop by 30 to 60 percent. Terrorism threat/extortion? China drop-kicking US dollars for the $10 billion they lost in sub-prime loans? US Gov being blackmailed?
You can read about it at this forum http://www.tickerforum.org/cgi-ticker/akcs-www?post=4669 The last pages of the forum holds the best information.
Are puts considered confidential or are they posted on the 'Net somewhere? Been looking for several days and can't find the information.

For instance, if you own stock now selling at $10 each and want to protect your portfolio against losses, you could buy a put option. Say, your stop loss is 10% loss. You would either sell your stocks when they fall below $9 each. However, this would not guarantee a stop loss because every seller would be freaking out and wanting to sell these stock. So, the stock price might even fall to say $7 each, missing your stop loss.
To hedge against the extra loses, you would have bought put options that would give you a right to sell your stocks at $9 each regardless of how low the stock prices would fall.
Another way of benefitting from options would be to write a spread. At the moment, because the market is bearish, writing bearish call spreads would be the best way to make a lot of money. However, because these spreads are credit spreads, no broker would let you write the spread, without you having an amount of cash in your account, should your credit spread go wrong and your written options get exercised.
These strategies of write credit spreads are better left to more experienced investors. If you are fairly new at stockmarket inveting, I would suggest that you put your money in less volatile investment vehicles like fixed income stuff like savings bonds, CDs etc.


You answered your question yourself, isn't it. Buying a stock is not a lottery ticket, it is part ownership in the business. If the business does well over the long term, so will the stocks performance. I am sure you have lots of examples in front of you -companies like ITC, HDFC, Ranbaxy, Infosys, and many more that have been doing well for decades, so have their stocks, if you held on to them.
Dada, its time you read a real Investing book, Try One up on Wall Street by Peter Lynch, to start with. You will forget about wasting time in evolving trading strategies, and invest the time and effort in picking real good stocks, as Peter Lynch practically shows you how to. (There are better books to start with, but I am guessing you will enjoy the anecdotal style adopted by Peter Lynch more than the slightly more academic but nevertheless excellent reads like The Intelligent Investor by Benjamin Graham)
If you want to build long term wealth, change tack NOW. Or else, if you have enough money to fritter away, keep trying at the 1: 99 odds!

Sure, using TA methods like Japanese Candlesticks, and RSI and MACD will help you get a SLIGHTLY better picture, but TA does not allow for the emotional aspect of it – say, when a stock in a particular sector blows up due to mismanagement or fraud, all the other stocks in that sector go down because of "guilt by association".
And, when folks panic for whatever reason, they dump stocks regardless of whether they are good or bad.
If I were to resume Day Trading ( I gave that up some time ago ), I would depend most heavily on the MOMENTUM indicator, and not hold for more than a few hours.
From experience, it is VERY difficult to make money consistently in Day Trading, and I hope you will consider a longer term perspective.
Choose stocks with good fundamentals, good management, a stable market space, then buy some. The probability of being able to exit with a profit increases the longer you hold it.


In order to profit from the forex market, you will need strategies and also the will to change these strategies. Traders who lack a well thought out trading plan are prone to panic and confusion, when unexpected swings in the forex market occur. Many traders will tell you that trade driven by emotion is the fastest way to deplete your funds. Whether or not you are using a technical or fundamental style, it is still essential that you have a proper view of the market.
Developing your own trading style is a time consuming process and is often acquired through trail and error. It is unfortunate that there is no ‘golden’ rule’ to trade in the forex market and technical and fundamental styles of trade won’t be successful all the time. Successful traders often have a unique style of trading and take up various strategies during a trading session. Only continuous practice will help you gain a feel for the movements of the forex market.

Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck.
my question is "where can i learn some strategies, and learn about the fundamentals of day-trading?"
thanks.

Best of luck, just hope you have an iron stomach, because it is not a game for people with a weak stomach.
pros cons
strategies etc
would love to hear anybodies feedback


You would be shocked how much they pay for analysts out of college (6 figures usually!) for NYC offices. There are so many funds these days that the demand is extremely high. That being said, the recent choppiness in the credit markets may have led to a pullback in hedge fund analyst demand.
In order to find these guys, you are just going ot have to do some legwork. Try a company on the web called Glocap.



