Toyota Motor Hearing. Are You Kidding Me?

Ok Traders, I have to say something about the Congressional Hearing.  How many times can you ask the same question?  I laughed so hard yesterday when one of the leaders of our country decided to ask yes/no questions.  He asked really dumb questions, and then got I don't know for the answer.  What then made me laugh was the fact that he was reading, saying please submit for the record, and then gave the, "if so, then... asked another stupid question."  Simply, an embarrassment to me.  Today I heard the same question over and over.  What are they trying to prove?  Don't they know that Toyota is going to come up with a plan to resolve this issue?  This is worse than the steroid case.  Today, a Congressman had brought a part that is in the Camry and then said there is a similar part from another vendor used in the same car.  He then had to ask why different parts are used in one line of cars.  He is a leader in our Country!  C'mon Man!  Every freakin' business in our country does the same when they use many vendors.  Has he ever looked at a computer?  How about the simple Intel and AMD chips in computers?  The same model, different chips, same output basically.

Ok, done venting! Back to work.  If you have been looking at the website http://www.optiontradingteam.com/ you will see that there is now a direct link to the blog and many changes happening.  I am shifting to one newsletter for $20.00.  You get all four of the strategies in one now.  It just makes more sense for me to do it that way.  There are a few more things changing on the site, and I expect to start the newsletters the first week of March.  This is when the first trades will be issued and will be the inception of the service officially.  I am done with the testing, formatting and all the behind the scenes stuff.  I am ready to get this off the ground officially and look forward to trading and talking about what I am doing.  I hope it is very beneficial for everyone that follows me and the service that our team will be putting out.  I am very excited about it and welcome any and all inputs, comments, and suggestions!  I am especially excited about making short little videos that will demonstrate many of the trades and will also allow me to discuss questions and topics of choice to assist in educating us all.  I am looking forward to the improvements in the site and the service that is about to be provided to the proud members of our team.

Happy Trading!

Quick Trade update: I closed out the FEB UAUA short 14 calls for a small loss and continue to hold the MAR 16 Short Calls.  Currently I am up on those, but at about a breakeven with the the loss on the FEB calls. I mention this because I tweeted about the position and I need to get the complete disclosure of where I am at in the trade.  Look for the detailed update.  I just had to rant tonight because of two days of insanity by our Congress.  They could be spending our time and money on something that makes more of an impact to all of us in the world.  It is an important topic, but not worth two days of the same questions with no real purpose.  Everyone already knows the issue and the pressure and questions should be on the results and actions that are needed.  I just ask that they get on point and drive toward the right answer vice grand standing how important they think they are.  Enough said, whew.  Enjoy everyone!