I’ve read a few option books.
THANKS... This is probably the most comprehensive "greeks" article/book I’ve read.

Wonderful blog. …..
A wonder wealth of knowledge there. Thanks so much for your kindness in publishing it!

Thank you very much for the most concise and simplest option intro. Highly recommended.

So far, yours is the best blog/site on basic options notes in the web that I have chanced upon.

Friday, August 31, 2007

Some Good Readings

Read an interview with Dr. Van K. Tharp, the author of Trade Your Way to Financial Freedom in his free weekly newsletter for Aug 22, 2007 on his opinion about the current market’s condition and if the interest rate cut will move the market up.
I think this article is too good to be missed. There are many important messages there that we can learn from.

And still from Van K. Tharp Institute’s Weekly Newsletter, Dr. Steve Sjuggerud shared "The Easiest Lesson of Successful Investing".

Richard from Move The Market Blog wrote a great post about Trading Mission.

Big Picture provides “A Historical Perspective of Recent Bear Markets”.

Chris Perruna pointed out an interesting statistics corresponds to the best period in a year to start an investment:
If an investor invested $10,000 in the DJIA on November 1 and sold on April 30 every year from 1950 to 2004, they would have earned $492,060. If this same investor did the opposite and had bought on May 1 and sold on October 31 from 1950 to 2004, a $318 loss would have resulted. That is an amazing stat, one that is difficult to fathom. This trend extends outside of the American stock market as an article from December 2002 of the American Economic Review says that such a statistical pattern existed in the U.K. stock market as far back as 1694 and still exists today.
Enjoy the long weekend!