Make sure the gun is pointed in a safe direction.TheVarian said:
Alright, first time post in here, but Joining the gang in purchasing some stocks.
LADR and Cemex. Not much, but you gotta start somewhere. Love reading this and have wanted to do this for some time. Figured might as well pull the trigger
Stock Markets
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Last: 30 min ago by ProgN
That rally was just insane.
Three straight green days in a row. We are a few points off the 39% retracement (spy 265). I think we get that and more if the House finishes the bill. Heck, we may reach the 50% tomorrow (279). Fun stuff.
Fund rebalance allegedly
im not buying it, we going back down after this week. see yall on the flip side. BEAR GANG
jj9000 said:
About 5 minutes until the bottom falls out of this thing.
I don't get it either
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hedge_zer0 said:
i hate this game
Lol. I feel you brother. I'm starting to think I should set my time machine back to last Monday and get a mulligan for this week. You still solid bear now or starting to buy into the Fed being superman?
I'm not as smart as I thought I was..
NOPE, still bearish. The virus WILL get worse
You guys not respecting the Model T amaze me.
Really really amaze me. Think about all the millions of shares the huge money bought and had to continue buying to get the market reversed. Then they have to create enough upward momentum to sell into as it continues and then you will see the drop.
Really really amaze me. Think about all the millions of shares the huge money bought and had to continue buying to get the market reversed. Then they have to create enough upward momentum to sell into as it continues and then you will see the drop.
impact of this?
Oil -5.02% fell as the U.S. cancelled its plan to buy oil for the Strategic Petroleum Reserve.
Oil -5.02% fell as the U.S. cancelled its plan to buy oil for the Strategic Petroleum Reserve.
in layman's terms ?
All these put contracts I have been buying has not worked out....but damn the market the last 3 days has been ridiculous.
VIX is still over 60... Unlike hedge... I don't think the virus will get worse... i think the fallout from the virus will get worse. Saw where Cheesecake Factory won't be making their lease payments on all their restaurants for April, and yet the REITs that hold them went up big last two days.
Dude, no offense but this has been spelled out ad nauseum (I cant spell that word) on the last three or four pages. Hell, start with my post at the top of this page and work your way back.hedge_zer0 said:
in layman's terms ?
I believe that the dems put into the stimulus bill a provision that Trump wasn't allowed to make that purchase. I'm busy and can't research it but it's something I've run across.AgShaun00 said:
impact of this?
Oil -5.02% fell as the U.S. cancelled its plan to buy oil for the Strategic Petroleum Reserve.
if these trollls are bearish, maybe they'll short here 
I'm amazed how many here are waiting for things to drop more or to get a cheaper buy in. Buy half what you want to hold already!
I'm amazed how many here are waiting for things to drop more or to get a cheaper buy in. Buy half what you want to hold already!
Every knee shall bow and every tongue shall confess
When did that happen?AgShaun00 said:
impact of this?
Oil -5.02% fell as the U.S. cancelled its plan to buy oil for the Strategic Petroleum Reserve.
If you would have told anyone on the street that we'd lose 3.2M jobs in a week but the market would rally 25% that same week, you'd have been kicked in the balls and committed to an insane asylum.
Aggie09Derek said:
All these put contracts I have been buying has not worked out....but damn the market the last 3 days has been ridiculous.
I have been waiting around for a few months for the best opportunity to jump into the investing world. Figured over the weekend that now was time to jump in. Dumped a big chunk into the market on Monday night.
So, you can say my first 3 days investing have gone well
Every knee shall bow and every tongue shall confess
aeroag14 said:Aggie09Derek said:
All these put contracts I have been buying has not worked out....but damn the market the last 3 days has been ridiculous.
I have been waiting around for a few months for the best opportunity to jump into the investing world. Figured over the weekend that now was time to jump in. Dumped a big chunk into the market on Monday night.
So, you can say my first 3 days investing have gone well
Same, except I started last Friday.
Funny because I started my IRA into Vanguard Admiral 500 a couple days before all this happened. Emptied my fidelity and took a small loss compared to what it would have been
Every knee shall bow and every tongue shall confess
Calling it quits tomorrow if SPY hits 280. Reallocated half into bonds today. Jump back in May or June.
Anyone watch this guy:
Scenario 1 - bull market rally ends between 2720 and 2800. Would be the model T being discussed here.
Scenario 2 - bull market rally ends around 2635... so today!
This video was done a few hours before close.
Scenario 1 - bull market rally ends between 2720 and 2800. Would be the model T being discussed here.
Scenario 2 - bull market rally ends around 2635... so today!
This video was done a few hours before close.
See the first post in this thread.
That would be another like 8% or so...but hey, anything is possible.Fitch said:
Calling it quits tomorrow if SPY hits 280. Reallocated half into bonds today. Jump back in May or June.
thanks
I know most of you understand what OA is saying, but I read his post like Jimbo Fisher is saying it. I read it as fast as he says it and I can't understand what the heck he is saying but I can't slow down or go back for clarification for fear I will miss what he says next.oldarmy1 said:
I bought another huge '22 LEAP on CX. At some point Mexico will get with the program. Very long bear cycle on Mexico construction, but CX is global too. It will be my money pit I can't give up on. $40k per option wave. The $3 one paid off with the move above $4 but when I sold if I look across the other 2 option chunks I still am down 24% in net trade value. I went $2 call leaps at $0.50 this time with $3.50 planned exit. That would end me up nicely after 2+ years of excruciating patience.
I literally asked this earlier today as it's discussed a lot around here and I was just wanting to know the math. From my understanding, the Spy high was at $339.08 and the low from recently was $218.26. That's a decrease of $120.82. Divide that by 2 to get $60.41. Add the $60.41 to the low of $218.26 and you get $278.67.hedge_zer0 said:
in layman's terms ?
$279 is has been mentioned as the top of the Model T so, in theory it should approach that mark and then retrace quickly back towards the lows. Likely within the next week or two.
That's just my understanding of the math of it. I'm not smart enough to say that's right or wrong, but OA seems to swear by it.
Someone correct me if that is wrong.
Hoping for another bottom test next week. Or I'm an idiot (more than likely)
Thankyou for explaining it to me, i have a hard time keeping up with most of y'alls jargon. im just a dumb 24 year old
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