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RE: When the Grid Goes Down: Lessons from Hermine (featuring @jaredcwillis as author)
Knocking out the power of a country for significant time would do far more damage than bombing a couple of its military bases...
EMPs are a great concern of mine since all the big players have the technology and it's rumored that the Russians have it in some new plane that just came out.
Yes! Absolutely! That is part of the reasons nukes are so dangerous (besides melting our skin off), they deliver a large EMP blast...
On a side note you have a great posting handle! Wallstreet is one of my favorite movies! @jrcornel loves bluehorseshoe... ;)
thank you. Back when I had time to be an active trader my friends would call me for what to buy and started referring to me as bluehorseshoe. Good thing I loved the movie also.
Wow, you have a lot of similar interests to myself. I'm now following you.
Where did you work as a trader? I have been trading options from home for a couple years now with mixed results... I love it though.
I don't want to jack our friends post here but for many years I was day trading privately. Also, I'd have long positions as well, my anchors if you will, typically in low PE high dividend fortune 500s where I'd start by selling puts on shares I ultimately wanted, then write covered calls 6-9 months out. Companies like Avon Products, Westinghouse & Phillip Morris now Altria used to pay an 8-10% dividend. When you add in the options income it came out to approx. 26-28% annual return. I got too busy with my business and handed the reigns over to Ameriprise shortly after the tech bubble burst.
Very sorry for rolling off topic but didn't want to ignore our colleague's question.