Published: Wednesday, 31 Mar 2010 | 10:09 AM ET

By: Jeff Cox
CNBC.com
Investors should acclimate themselves to years of lower-than-normal returns in both stocks and bonds, Pimco’s Bill Gross told CNBC.

As part of the firm’s forecast of a “new normal” in the slow-growth economy, Gross, co-CIO at the largest bond management firm in the world, said returns probably will be half of the normal 8 percent or so annualized profits to which investors have become accustomed.

“We should expect less as opposed to more—new normal as opposed to old normal,” he said in an interview. “We should expect that the private economy is delevering on a global basis. That means consumption and household income growth will be less than it has in prior years.

 “And that means ultimately in terms of risk assets, whether it’s stocks or high-yield bonds or even bonds themselves that those types of returns will reflect a slower rate of [...]

Here’s another trade that looks good.

OIH seems to trading in a range so a condor or butterfly might work here, but I am just looking at selling some puts for now.

Sell the Apr 115 puts and buy the April 110 puts for a credit of .56.

That’s about a 12% roi.

Again, trade at your own risk. I am not using real money on this trade.

I’ve been working on a new trading system for credit spreads. This pick came from that system. So far the system has been hitting 90% winners.

PCLN: Sell Apr 210/200 Put spread for .82 credit.

Max Profit $164

Max Loss $1836

Potential ROI: 8.9%

You should take the spread off when it gets to .10, or if you are down 10%.

This is just an example, trade at your own risk.

Published: Friday, 5 Mar 2010 | 10:47 AM ET

By: Michael J. de la Merced
 

He calls himself “America’s Prophet,” a psychic, trained by Nepalese monks in the art of time travel, who can foretell the future of the stock market.

But to the authorities, Sean David Morton is simply a fraud — and a really, really bad psychic.

In a case that seems ripped from the pages of the satirical newspaper The Onion, the Securities and Exchange Commission sued Mr. Morton for securities fraud on Thursday, claiming he swindled more than $6 million from investors by promising them “piles of money,” along with spiritual happiness.

Source: youtube.com
Sean David Morton

“I have called ALL the highs and lows of the market giving EXACT DATES for rises and crashes over the last 14 years,” Mr. Morton claimed at one point, according to the documents filed in connection with the case.

Next to the Ponzi scheme orchestrated by [...]

This post has no educational value. I am just venting my frustration.

Got an email today from a member that was having a problem getting our emails. So when I investigated, it turns out that he has taken advantage of the $1 30 day trial FOUR TIMES. What a wonderful fellow (sarcasm). He went through the effort of using different email addresses and different names to create new accounts every time his 30 days was up so he would not have to pay the monthly fee.

And this is supposed to be someone who can afford to be investing? If you have thousands of dollars in the market, why would you go through all this trouble to screw me out of a few dollars a month?

You are stealing you loser. Why would you stoop so low to save a couple dollars a day?

And it’s not like he did not get any value of [...]