Archive for December, 2008

Wednesday – Happy New Year!

December 31st, 2008

I am starting to think that this Elfster dude makes nubbins: http://content.elfster.com/Audio/NPR_Interview.mp3 Supposedly he has over 70,000 users on the website, but he mentions that he still has a day job.  He’s also got a staff, which means overhead.  Then, he talks about securing a line of credit with the bank, and personal loans and [...]

Tuesday.

December 30th, 2008

Been running some numbers on Boogster all morning. The first half of the year started off pretty slow, but the last half of year was pretty solid. Still not even close to the 2005 and 2006 levels (pre-UIGEA), but things are looking up. December will probably be the best month so far this year. Believe [...]

How much to spend in marketing and advertising for a new business?

December 29th, 2008

First read this: http://www.bloodyelbow.com/2008/12/29/704268/quote-of-the-day-dana-whit One of my biggest regrets for boogster was not reinvesting most of the profits back into the business early on. Dana White says, “When De La Hoya and Mayweather had their pay-per-view with over 1 million buys, he could have stacked that card with all the talent Golden Boy has. You [...]

Monday.

December 29th, 2008

Went to the bank this afternoon, then decided to look for another wifi hotspot. The bank is about 7 blocks from my condo, and that’s usually about as far as I walk, but I decided to venture out a little further west today. My first stop was The Corner Bakery, a panera type franchise, with [...]

Tuesday….Zzzzzzz….

December 23rd, 2008

I don’t think that I’ve ever been more bored. Seems like everything is slowing down to a crawl for the holidays. I went to Dick’s Sporting Goods yesterday to pick up the last of my Christmas presents. Nothing beats Amazon + Amazon Prime 2-day shipping, but I procrastinated a little bit on the last of [...]

Tilt

December 21st, 2008

Ultimate Tilt right here. Dude called all-in with a board of 5-6-7, holding T-Q. http://www.pokerhand.org/?3618098

Wassup son?

December 21st, 2008

You can’t mess with this: Playing some $1/$2 NL on FTP.  I raised to $6 from the button with A-A.  Dude in the SB reraised to $21.  I just called.  Flop was terrible for me as 3 hearts came on board.  He lead out for $29 and I just called.  6 of spades came on [...]

Friday.

December 19th, 2008

Well, I dumped my 1 YM contract for +$100. After gapping up this morning, I didn’t want to turn this trade into a loser, so I put a +$100 profit stop on it. Got stopped out, then proceeded to go lower, so whatever. In hindsight, I probably shouldn’t have made the play anyways. I should [...]

YM

December 18th, 2008

So, right after I entered my long 1 contract, we friggin tanked…almost 150 ticks from my entry or -$750. Like usual, I added another contract at 8582, then we proceeded to drop another 90 ticks from there. Dagger. Fortunately, we had a nice reversal near the close and into after hours trading. I just dumped [...]

Party Gaming

December 18th, 2008

$300 Million! God damn. He’s got all the money in the world, so I guess it’s no big deal for him. Check out his name…Dikshit…hah… PartyGaming’s Billionaire Founder Pleads Guilty and Forfeits $300 Million but Web Site Continues Hostess: Excuse me, Mr. Dipshit, your table is ready… Dikshit: No, it’s Dikshit…D-I-K-S-H-I-T, not Dipshit.

Refinance?

December 18th, 2008

With the low 30 year fixed mortgage rates, I was thinking about possibly refinancing my mortgage. I’ve never done it before, but I have a 30 year fixed at 6%. Looking at the TD mortgage rates, it looks like they’re at 4.75%. That’s pretty sick. I think I would save up to $300/month if I [...]

YM Maintenance Margin

December 18th, 2008

DYK, the intra-day maintenance margin on the YM is now at $5,500 per contract. Umm…I’m pretty sure that just a few months ago it was sub $2,000 per contract. WTF?

Thursday.

December 18th, 2008

I didn’t like the short setup yesterday, so I didn’t take it. SRS is up 7% today though, over 10 points above yesterday’s lows. Dagger. No biggie. I will get long on the next dip, which should be coming very soon here. I did sell my DBA yesterday, after holding it for a day. I [...]

Some videos that I watched today

December 17th, 2008

Kam Do Mixed Grill from johnchow.com Kam Do Mixed Grill from John Chow on Vimeo. Warning, if you watch this, you will be wasting 2 minutes and 3 seconds of your life: Man, if I could raise a $100k in spare cash over the next few years, I would love to buy another place as [...]