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FTAG 2000
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AG
Thundergon said:

Well that didn't take long.

https://www.bloomberg.com/news/articles/2021-07-12/lumber-wipes-out-2021-gain-with-demand-ebbing-after-record-boom

CC: my LPX puts. Thanks.
Mostly Foggy Recollection
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I did one a few months ago and I think FJ did one much more recently. Basically, it's having your zones on SPY drawn before market open so you can scalp off of that.

I mainly do weeklies but if you want some breathing room, you could go out a week or to a monthly.
$30,000 Millionaire
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FJ43 said:


SPY...possible hanging man. But we've been here before.


or behind door #2 (the Costanza door), it could be:

You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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last week had a solid hanging man candle.
You don’t trade for money, you trade for freedom.
Red Pear Luke (BCS)
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Sponsor
AG
CrazyRichAggie said:

View for the next 4 days

Just to let you know - we all are expecting frequent pool updates.
FJ43
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$30,000 Millionaire said:

last week had a solid hanging man candle.
Well if futures are all red in the morning then the eject button may be in order on most all of my weekly options trades except hedges.
FJ43
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$30,000 Millionaire said:

last week had a solid hanging man candle.
Man need a longer wick on the bottom than today's......
BrokeAssAggie
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Red Pear Luke said:

CrazyRichAggie said:

View for the next 4 days

Just to let you know - we all are expecting frequent pool updates.


I will see what I can do. Apparently the new swim suit style for women is to wear a thong.
LarryL
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LKNCY seems to have just broken above a major level. Any thoughts on this one?

Red Pear Luke (BCS)
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Sponsor
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CrazyRichAggie said:

Red Pear Luke said:

CrazyRichAggie said:

View for the next 4 days

Just to let you know - we all are expecting frequent pool updates.


I will see what I can do. Apparently the new swim suit style for women is to wear a thong.

ProgN
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CrazyRichAggie said:

Red Pear Luke said:

CrazyRichAggie said:

View for the next 4 days

Just to let you know - we all are expecting frequent pool updates.


I will see what I can do. Apparently the new swim suit style for women is to wear a thong.
If you're wife catches you just tell her it's for us.
djmeen95
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Prognightmare said:

CrazyRichAggie said:

Red Pear Luke said:

CrazyRichAggie said:

View for the next 4 days

Just to let you know - we all are expecting frequent pool updates.


I will see what I can do. Apparently the new swim suit style for women is to wear a thong.
If you're wife catches you just tell her it's for us.


Look forward to in depth analysis on $THNG
bmoochie
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djmeen95 said:

Prognightmare said:

CrazyRichAggie said:

Red Pear Luke said:

CrazyRichAggie said:

View for the next 4 days

Just to let you know - we all are expecting frequent pool updates.


I will see what I can do. Apparently the new swim suit style for women is to wear a thong.
If you're wife catches you just tell her it's for us.


Look forward to in depth analysis on $THNG
I bet the premiums for $THNG are juiced
TexasAg2017
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Mostly Foggy Recollection said:

I did one a few months ago and I think FJ did one much more recently. Basically, it's having your zones on SPY drawn before market open so you can scalp off of that.

I mainly do weeklies but if you want some breathing room, you could go out a week or to a monthly.


Awesome, I think I remember seeing FJ's but I'll go back and dig for yours and his.
BrokeAssAggie
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Exhibit A

TxAgLaw03RW
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This must have been good, it's already been flagged
BrokeAssAggie
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It was just a chick in her swim suit..
BenRev09
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Post it on OA's private thread
Thundergon
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Remember when it used to be ticker $LK? Remember why it changed? That's on my do not touch list.
spud1910
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Thundergon said:

Remember when it used to be ticker $LK? Remember why it changed? That's on my do not touch list.


Number 1 on my do not touch list!
Charismatic Megafauna
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CrazyRichAggie said:

It was just a chick in her swim suit..

With her (edit: 3) kids lol
$30,000 Millionaire
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no price action below the 8 monthly EMA in 16 months.


You don’t trade for money, you trade for freedom.
FTAG 2000
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Looks like we're all going to die from lambda strain now we survived delta. There goes the market.
BrokeAssAggie
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$30,000 Millionaire said:

no price action below the 8 monthly EMA in 16 months.





Just tell me when I need to load up on puts..
$30,000 Millionaire
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If I knew I would tell you.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG 2000' said:

Looks like we're all going to die from lambda strain now we survived delta. There goes the market.


What happened to the epsilon, zeta, eta, theta, iota, and kappa strains?
You don’t trade for money, you trade for freedom.
Mostly Foggy Recollection
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That's what QE and share buybacks will do for ya. Fundamentals be damned.

Weimar Germany redux.
Mostly Foggy Recollection
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Still unvaxxd and undefeated against FearPorn-19

I've noticed a lot of algos have decoupled from Covid language and for that matter, Biden speak too. It's mainly centered around Fed policy.

My personal opinion is it will take another Black Swan event to get a true correction. Otherwise the Fed losers will keep on keepin on
KY-AG 10
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Two questions:
$NOW - failed at $570. I see a double top last time it tested. Thoughts on a second attempt this week? Watching close. Have to think it'll be an aggressive break having tried 4 or 5 times at this point
$LUV - seems to have hit a support. Earnings in 10 days. Now just above lower bollinger. Curious if it's at the beginnings of a reversal
FJ43
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See 'one' Ripsters biggest losses this year.

While all things are relative remember this when we are having a bad day or stretch. Even some of the best have rough ones.

FTAG 2000
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Mostly Foggy Recollection said:

Still unvaxxd and undefeated against FearPorn-19

I've noticed a lot of algos have decoupled from Covid language and for that matter, Biden speak too. It's mainly centered around Fed policy.

My personal opinion is it will take another Black Swan event to get a true correction. Otherwise the Fed losers will keep on keepin on


I agree. I have clients in the western commie states who keep telling us about their lockdowns. Their benevolent order lords out in CA OR WA still got everything buttoned up like it's April 2020. Things were opening up but now because of delta and now lambda gotta crank up the stasi.
Ragoo
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FJ43 said:


See 'one' Ripsters biggest losses this year.

While all things are relative remember this when we are having a bad day or stretch. Even some of the best have rough ones.


no offense but I am skeptical
Bob Knights Paper Hands
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It's real. But it's in pesos.
FJ43
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Ragoo said:

FJ43 said:


See 'one' Ripsters biggest losses this year.

While all things are relative remember this when we are having a bad day or stretch. Even some of the best have rough ones.


no offense but I am skeptical

I've seen very little from him that isn't transparent. Maybe that's a daily P&L vs realized losses. Either way that draw down or loss is more than a few bucks.
Mostly Foggy Recollection
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I manage a Global business so I'm aware of the utter PITA 2021 Supply Chains and it's byproduct, work ethic in the face of calamity and new challenges, is at the moment.

It's absolutely maddening, but despite all of these headwinds, we are up 200 bps in margin over last year, which I'm extremely proud of our team accomplishing. Large Industrials are turning away from Asia on commodities and willing to pay for who has it locally.
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