BOOK REVIEW - "SHOOTING STARS"

SHOOTING STARS BOOK---SET TO BLAST OFF.

Evil has a new name. It's Gershon. Far, Far Away in the Zodiacs, a political and economic common weal of twelve independent constellations, this evil and treacherous maniac is accumulating power. He does so by robbing people of their freedom with lies and sophistry. Then when people and other sentient beings realize they've been duped and turn back to freedom, he, along with his evil minion squash them---destroying, killing, enslaving them in horrible ways.

Upon his rise to power, the last of the Royal Zodian line went into hiding, even sending off for safety their Prince and his Princess from Vega, and their baby daughter, Stella. Together this marriage formed an alliance of the Summer Triangle, but before this freedom-friendly and powerful alliance could take effect, Gershon had already subverted the twelve stewards. The war raged on and Gershon would not give up his devious and insidious plans to destroy the last vestiges of the Royal Family.

Stella is now a young woman, a teenager exactly, who was hidden away and protected from all of this. And, she had a brother, the new Prince, who Gershon knew nothing of. Now alone, without the guidance of their parents, they learn from Maximus, their protector, of their heritage, royal gifts and destiny---if they choose to accept it. One such gift is to travel as SHOOTING STARS. This transport is faster than the speed of light---it is travel at the speed of thought.

Leslie Hodgson, the author of this compelling book, builds on this and winds these two teenagers through their learning trials, has them meet and befriend a stately Winged Horse named Arrow from Pegasus, and Helios, a Dragon from the constellation Draco.

Gershon is not just waiting for them, but is luring them into a trap---to use them for his evil designs or to kill them. Millions will die, and these young people have to grow up fast. As in all ages and in all places the war between tyranny and liberty rages on. The costs are dear. SHOOTING STARS is a page-turning, riveting novel of loss and triumph. You'll feel like you're soaring though the galaxies with Isaac and Stella.

Now available at Amazon.com. Shooting Stars, by Leslie Hodgson

http://www.amazon.com/Shooting-Stars-Leslie-Hodgson/dp/1469931613/ref=sr_1_7?ie=UTF8&qid=1329973909&sr=8-7

Option Pricing and Covered Calls

I want to write in response to one of the blog-site followers, Erin Shabowitsky. She was concerned that there are not too many good covered calls right now. I say yes, especially if you want more than 2% a month cash returns.

Why? The reasons are varied, so let me try to put some perspective. Stocks climb a wall of worry. As the market has moved higher and higher, the premiums are depressed. The fluff is sucked out of the option price. Remember, "when a stock goes up implied volatility goes down (with call options).
Normally we would see an option on BAC at $8 in the .50 cents to .80 cents range. Not now. The $8 calls are about .15 cents and the April options are not much more, say .30 cents. Virtually all the stocks I check are this way.

"FEAR IS PURE AND POTENT, GREED IS ALWAYS TEMPERED WITH REALITY."
There is too much reality out there. It looks like the market wants to move higher, and in many ways (P/E ratios, EPS, even book value) that would be justified, but it also looks like it needs a short to mid-level correction. I bet on that. Reality will set in and it will back off some. At that time option prices will increase. Will they soar? I don't know, that depends on the amount of the downturn or correction.
Just keep your powder dry. Don't spend your capital, be patient.

The Business of America

Hello my friends. I've been very blessed lately. I've had an opportunity to study the Federalists Papers. In the editors preface, he comments on parts of the papers that deal with commerce, wealth and the like. A most profound statement.

His name is Isaac Kramnick, the editor of the 1987 edition of THE FEDERALISTS PAPERS (In their original content and format), said of Alexander Hamilton's quote in #12: "The prosperity of commerce is now perceived and acknowledged by all enlightened statement to be the most useful as well as the most productive source of national wealth . . . By multiplying the means of gratification . . . it seems to vivify and invigorate all the channels of industry and to make them flow with greater activity and copiousness."
The Business of America is Business. When will liberals learn this? And success at this endeavor and all others is freedom. The battle between Tyranny and Freedom is raging on.