"Give me control of a nation's money and I care not who makes the laws." (Mayer Amschel Rothschild)

"Most people are obsessed with money. Hardly anyone is interested in it."
(Wm. Shakespeare)

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Some Useful Links

FTSE 100 Shares Index (Value) 15 minutes delay. BBC Page
FTSE 100 Shares Index (Graphs) 15 minutes delay. BBC Page


eMail dr.ftse@gmail.com to learn more/how to get started as an Option Trader, or to ask for details of the hugely successful White Knuckle Riders Investment Club (wkr.inv.club@gmail.com) which deals largely in Traded Options, particularly Options in the FTSE 100 Index. The Club's objective is to make 1% PER MONTH for its members.
Since it's inception in August 2000 the Club has paid out £253,000 in profits to members. Members are strongly advised to withdraw accumulated profits regularly; trading options is always riskier than trading in the underlying securities (i.e the 100 companies whose shares make up the so-called 'FTSE 100 Index')


TEAM BLOG Fridge Soup

My Open Option Contracts

(Updated weekly on Friday at close of business, or whenever I re-arrange any of my positions - except I haven't updated them for MONTHS because no one ever reads the blog. See my comments above!)

FTSE INDEX OPTION CONTRACTS
12 x 6850 Short (*) Calls (November 2014 Series)
12 x 6300 Short Puts (November 2014 Series)
Index closed at 6495.6 on 07/10/2014
Expiry on 21st. November 2014

(*) "Short" in the context of option trading means the contracts were opened by selling them.
(**) "Covered" Calls means I have the shares to meet any assignment by the counterparty
(***) "Cash Covered" Puts means I have sufficient cash in my trading account to buy the shares if assigned by the counterparty.


Saturday, 12 December 2009

Wonderful, Wonderful Copenhagen . . .


. . . way down this blog I modestly pointed out that some things are so predictable you can't pretend you're clever for predicting them.  So here's another.

OUTSIDE OF WEASEL WORDS the Copenhagen Climate Change Championship Conference will achieve precisely nothing beyond bland resolutions to "do something pretty damned quick about climate change and/or global warming" or whatever the latest "scare the pants off 'em is."  And before you all started nodding wisely and agreeing with this prediction . . think about this . . . how many folk do you know who are prepared to change their lifestyles (like stopping flying, giving up the Chelsea Tractor in favour of a pushbike, gagging Jeremy Clarkson and his demented Top Gear Petrolheads blah blah) in the interests of a future more than 48 hours away?

Oh and by-the-way . .  will someone please explain to me using real live numbers exactly how "hybrid" cars save CO2, emissions/energy/oil/pollution or anything else? (And PERLEEEASE don't say "Well, the charge on the battery comes from wind energy."  Wind turbines are a massively inefficient way of generating electricity, and a massive con perpetrated on the Government and the (largely) technically illiterate public by the turbine builders.  Almost any other method of generating "green" energy is better than capturing our balmy breezes.

And a further by-the-way . . . there are MUCH BETTER ways of saving energy/petrol or whatever it is you think petrol/battery hybrids do.  Better ways would use some form of regenerative transmission. Basically, these systems "brake" the vehicle by storing its kinetic energy in a potential energy reservoir.  For instance . .  couple the vehicle to an on-board flywheel which "spins up" as the vehicle slows down etc. (Question . . . spot the downsides!)  Or . .  connect the vehicle to an on-board pressure cylinder.  When the vehicle slows, its energy is stored in the hydraulic fluid.  When the lights go green, this energy is released back into the drive train.  This system can EASILY produce burning rubber levels of acceleration WITHOUT  ANY HELP FROM THE ENGINE.  Prototypes of this system were developed thirty years ago in Glasgow University Department of Mechanical Engineering. The performance of the protoype vehicle was gobsmacking! But the idea never caught on.  I suspect because of obvious vested interests, and because the engineering involved was not "exotic"  It was done with standard "off-the-shelf" hydraulic components.  How do admen glamourise a vehicle that's built out of fork-lift truck bits and bobs, and doesn't "vrrooommm" as you get away from the lights?  Car enthusiasts do not like silence.

At present, all  exisiting types of road vehicle "brake" by converting their kinetic energy {largely) into heat in  the brakepads, discs or drums.  Amazing!  You heat things up to get your SUV going!  You heat things up to stop the bloody thing . . .  and forget-ye-not . . . the car engine is a HEAT ENGINE and cannot be better than about 35% efficient (Laws of Thermodynamics), but the pad/disc/atmosphere system is a HEAT EXCHANGER and so it efficiently wastes 100% of the vehicles kinetic energy when you use the brakes.  Get on yer bikes , ,  the fuel is a lot cheaper!

1 comment:

  1. Hey Richard. I'm back blogging after taking 3 weeks hiatus to study poker and work on the game theory and psychology.

    I wanted to let you know that I put your link on my page and hopefully that will drive more traffic to your site. You're a genius when it comes to stocks and trading that it's always interesting going to your site. Plus I feel that investing correlates to poker, taking risks, intelligent investing with the hands you choose, seeing the trends in the way your opponent plays, graphing the profit and loss of each hand. It's a thin correlation at best but an interesting one.

    ReplyDelete

I don't leave comments on blogs that use Word Verification. Ditto blogs which I know have Comment Moderation applied. Life's too short and I'm too busy makin' money and what the Hell are these people scared of anyway? If you don't like some creep's comment . . TRY DELETING IT! You have that privilege.
And I never read unpunctuated so-called poetry. I don't understand why self-styled poets think it's clever to make their work difficult to read/understand.