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astroaggie13
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McInnis 03 said:

From $12k to $11k in the same session. Btc is volatile


Anyway to see this in TOS?
TecRecAg
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Ah, yes if you're wanting shares I think now would be the time. I just don't know if it's going to run wild unless there is some incoming news about their products. Averaging $1 month gain since March so really just depends how long you want to hold and how much of your cash you want tied up in it.
Maedan86
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fooz said:

McInnis 03 said:

BTC just popped $12k

Edit: my bad....it's at 119xx
I need it to pull back before it runs so I can get back in MARA.
Here's your pullback Fooz...currently BTC at 11115 - down about 6%. Monday pre-market/AM should be interesting...I guess I'll still hang on.
Jet Black
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So, buy more $mara tomorrow.
Philip J Fry
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TecRecAg said:

Ah, yes if you're wanting shares I think now would be the time. I just don't know if it's going to run wild unless there is some incoming news about their products. Averaging $1 month gain since March so really just depends how long you want to hold and how much of your cash you want tied up in it.


Just Monopoly money. Started with $500 on NIO and bailed at $1200. Figured I'd split that difference between ONTX and something I picked without OA just to see how it goes.
Orlando Ayala Cant Read
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I have MARA but I do have what might be a dumb question. For investment purposes whats the difference between owning MARA and Bitcoin itself? If you want that action why not go directly to the source of the action and buy that (Bitcoin) instead of MARA? Does MARA have anything within it that can make it produce independent of Bitcoin?
Philip J Fry
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It's like owning gold vs a company that mines gold.

Or owning barrels of oil instead of a petroleum company.

Comes down to the overhead and electric costs needed to run the operation vs the price of the currency.
Brewmaster
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yep Philip is spot on... for me I'd rather jump in and out of MARA, more volatile and bigger swings, which means bigger profit.
McInnis 03
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astroaggie13 said:

McInnis 03 said:

From $12k to $11k in the same session. Btc is volatile


Anyway to see this in TOS?


I use dailyfx.com

https://www.dailyfx.com/bitcoin
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Thundergon
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Just my two cents, but I would wait for a close above $6.58 before I went heavy long. Looks like it's in a bear flag in an overall uptrend with strong support at $5.71. I would consider going long if it holds and builds upon $5.71 if it continues the micro trend within the overall move. I looked at the hourly chart on 3-month time frame and the one year daily chart to determine this. Haven't researched anything about the company so this is just straight chart work.
Philip J Fry
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That's one thing I was curious about when it comes to technical trading. Do you just straight up ignore the huge hit we took earlier this year?
Thundergon
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If you're talking about the covid hit, almost every stock took a hit around mid-late Feb. I like TA because it eliminates all bias, but that's only one part of trading. You still have to consider fundamentals, macro events, and market trend in conjunction with TA. For me, I'm not a long term holder/investor, so I don't focus so much on the fundamentals. I use support/resistance levels along with indicators to determine the highest probability setups based upon my strategy in order to strategize when to jump into a trade, when to exit, and how big a position to take.
Dan Scott
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Futures opened only -7. I was expecting bigger drop without a deal and getting close to resistance. Maybe the assumption is that they'll figure it out.
ProgN
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https://www.cnbc.com/2020/08/03/microsoft-confirms-talks-to-buy-tiktok-in-us.html

Quote:

Microsoft on Sunday confirmed that it has held talks with Chinese technology ByteDance to acquire social app TIkTok in the U.S. from ByteDance. The company said it in a statement intends to finish the talks by September 15.

The statement comes two days after media outlets including CNBC reported that Microsoft was interested in acquiring the app, which is owned by Chinese company ByteDance. Soon after the reports emerged, President Trump said that he opposed the idea of Microsoft buying TikTok and that he would move to ban the app in the U.S.

The two companies have looked at Microsoft buying TikTok in the U.S. Canada, Australia and New Zealand, and Microsoft might offer other American investors to get involved in the acquisition, Microsoft said
McInnis 03
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Mpc selling speedway for $21B
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
Brewmaster
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Thundergon said:

If you're talking about the covid hit, almost every stock took a hit around mid-late Feb. I like TA because it eliminates all bias, but that's only one part of trading. You still have to consider fundamentals, macro events, and market trend in conjunction with TA. For me, I'm not a long term holder/investor, so I don't focus so much on the fundamentals. I use support/resistance levels along with indicators to determine the highest probability setups based upon my strategy in order to strategize when to jump into a trade, when to exit, and how big a position to take.
No idea who you are, but great posts. One of my new favorite posters here. Great stuff.
maybe someone who used to post in another forum that shall not be named?
Brewmaster
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food for thought for those that think they missed the OSTK train. OSTKO will be worth more in time...short time. I can't find HP's tweet, but basically they hint that once institutions load up on OSTKO it will skyrocket. It should be worth more than OSTK, certainly not at a discount.

I will be locking in profits on OSTK this week, possibly tomorrow and loading more OSTKO.

and CWH to the moon this week!
Orlando Ayala Cant Read
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Why do you like cwh?
gig em 02
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Orlando Ayala Cant Read said:

Why do you like cwh?


RVs ain't cheap
$30,000 Millionaire
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Who is ready for 3350+?

It's inevitable before any sort of drop.
Brewmaster
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gig em 02 said:

Orlando Ayala Cant Read said:

Why do you like cwh?


RVs ain't cheap
and their earnings are going to blow estimates out of the water. By double if my DD is right. Think about it too, RV's and campers have been selling like hot cakes through the pandemic. People want to get out and are tired of being cooped up. Also their CEO is a badass.
texagbeliever
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BREwmaster said:

gig em 02 said:

Orlando Ayala Cant Read said:

Why do you like cwh?


RVs ain't cheap
and their earnings are going to blow estimates out of the water. By double if my DD is right. Think about it too, RV's and campers have been selling like hot cakes through the pandemic. People want to get out and are tired of being cooped up. Also their CEO is a badass.


Only fear would be bad debt and future earning misses once the resale market blows up.
Pignorant
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Did anyone on here buy LVGO?

My goodness that chart since February.
Thundergon
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Just another engineer pretending to be a day trader.
topher06
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S&P futures are green
tailgatetimer10
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I hope so. I'm starting to shed some holdings in the time being. This crap just doesn't feel right.
topher06
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tailgatetimer10 said:

I hope so. I'm starting to shed some holdings in the time being. This crap just doesn't feel right.

Bruh we have people in this thread who've been 80%+ cash for a month cause it doesn't feel right. At least you held on til now, so congrats there.
khaos288
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topher06 said:

tailgatetimer10 said:

I hope so. I'm starting to shed some holdings in the time being. This crap just doesn't feel right.

Bruh we have people in this thread who've been 80%+ cash for a month cause it doesn't feel right. At least you held on til now, so congrats there.


I was almost all cash for awhile there. Now I've got my toes in enough that I've been making money. I've got a number in mind that if I can get to, I'll pull back heavily.
gougler08
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Bout 30% cash for me right now
Ragoo
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texagbeliever said:

BREwmaster said:

gig em 02 said:

Orlando Ayala Cant Read said:

Why do you like cwh?


RVs ain't cheap
and their earnings are going to blow estimates out of the water. By double if my DD is right. Think about it too, RV's and campers have been selling like hot cakes through the pandemic. People want to get out and are tired of being cooped up. Also their CEO is a badass.


Only fear would be bad debt and future earning misses once the resale market blows up.
need to also look and see if they report Good Sam subs too. I would think recurring cash flow could be an additional windfall from a large uptick in subs commensurate to an increase in unit sales.
Brewmaster
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gougler08 said:

Bout 30% cash for me right now
about same or less for me. AAPL earnings and announcing the split was the confirmation for me to stay long (along with the SPX run Friday afternoon). I think now we see a test of 3400 before any sizeable pullback. I am hedged though with VXX commons and calls.

I think everyone's grandmother will be buying AAPL after the split, very appealing price point (regardless of it's already crazy run up). and as AAPL goes, the markets go.
$30,000 Millionaire
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topher06 said:

S&P futures are green
There was a 99.9% chance they would be.
Rice and Fries
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Prognightmare said:

https://www.cnbc.com/2020/08/03/microsoft-confirms-talks-to-buy-tiktok-in-us.html

Quote:

Microsoft on Sunday confirmed that it has held talks with Chinese technology ByteDance to acquire social app TIkTok in the U.S. from ByteDance. The company said it in a statement intends to finish the talks by September 15.

The statement comes two days after media outlets including CNBC reported that Microsoft was interested in acquiring the app, which is owned by Chinese company ByteDance. Soon after the reports emerged, President Trump said that he opposed the idea of Microsoft buying TikTok and that he would move to ban the app in the U.S.

The two companies have looked at Microsoft buying TikTok in the U.S. Canada, Australia and New Zealand, and Microsoft might offer other American investors to get involved in the acquisition, Microsoft said



This could be a good options play me thinks.
fooz
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Looks like SNSS made a small run pre-market. Would be nice to get out of that on top and buy more MARA if/when it dips.

eta: MARA already taking off pre-market, at $2.80
UpstateAg
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KODK dilution of 30 million shares.
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