Iffy at best.....

5/12 low to 5/18 High its just under the 76.4% Fib.

Edit: Rough sketch

FJ43 said:

---

Been here before folks....be careful

---

Yep...Fail

FL

I know... I know... It's pure degeneracy. Thinking of snagging a 20P for this tomorrow morning earnings.

Carnwellag2 said:

---

OKC~Ag said:

---

Tip of the day

If you have sizable traditional IRA, convert part or all to ROTH IRA...

Be able to pay IRS for Tax bill for this Tax year. Offset some tax liability by selling your losses now.

years from now, when your ROTH escalates...profit tax free,

Amazing thing is no taxes...ever including dividend from Roth account once you pay the fed this year.

---

UNLESS - congress votes to change the tax rules on Roth

---

Took the words right out of my mouth. Our 401k guy was here last Friday and said he wouldn't be surprised if they change it (of course that is one guy's opinion). I, along with millions other citizens, will be pissed if they do.

lets see if they puke it

Whoever called today as being a sideways day ending slightly lower than yesterday, great job.

SEC is reportedly checking banker cell phones in a Wall Street messaging probe

https://www.marketwatch.com/story/sec-is-reportedly-checking-banker-cell-phones-in-a-wall-street-messaging-probe-11652889212

$30,000 Millionaire said:

---

c'mon guys, drop the bid. Send it to 3850. Scare the children

---

3880 at least! wimps!

Carnwellag2 said:

---

OKC~Ag said:

---

Tip of the day

If you have sizable traditional IRA, convert part or all to ROTH IRA...

Be able to pay IRS for Tax bill for this Tax year. Offset some tax liability by selling your losses now.

years from now, when your ROTH escalates...profit tax free,

Amazing thing is no taxes...ever including dividend from Roth account once you pay the fed this year.

---

UNLESS - congress votes to change the tax rules on Roth

---

Congress won't change it on original owners. Maybe somehow a change to an inheriting party, but I doubt it, SECURE Act already leveled the playing field in that regard. I'm getting to tax-free eventually and don't want to wish my life away, but I will celebrate when completed.

Max pain tomorrow is 414!? That seems worth taking a flyer

Charismatic Megafauna said:

---

Max pain tomorrow is 414!? That seems worth taking a flyer

---

too far. extremely unlikely.

Charismatic Megafauna said:

---

Max pain tomorrow is 414!? That seems worth taking a flyer

---

6%+ up move. I guess it could happen. I just don't think so.

I grabbed a couple 405 calls just for fun

i took a lotto of SPY380P for tomorrow

Charismatic Megafauna said:

---

Max pain tomorrow is 414!? That seems worth taking a flyer

---

I know this isn't the football forum, but this is as close as we can get to poop slap territory..

Ccutamu said:

---

Carnwellag2 said:

---

OKC~Ag said:

---

Tip of the day

If you have sizable traditional IRA, convert part or all to ROTH IRA...

Be able to pay IRS for Tax bill for this Tax year. Offset some tax liability by selling your losses now.

years from now, when your ROTH escalates...profit tax free,

Amazing thing is no taxes...ever including dividend from Roth account once you pay the fed this year.

---

UNLESS - congress votes to change the tax rules on Roth

---

Took the words right out of my mouth. Our 401k guy was here last Friday and said he wouldn't be surprised if they change it (of course that is one guy's opinion). I, along with millions other citizens, will be pissed if they do.

---

doesn't the ROTH have maximum annual salary limitations for those with high salaries?

LMCane said:

---

Ccutamu said:

---

Carnwellag2 said:

---

OKC~Ag said:

---

Tip of the day

If you have sizable traditional IRA, convert part or all to ROTH IRA...

Be able to pay IRS for Tax bill for this Tax year. Offset some tax liability by selling your losses now.

years from now, when your ROTH escalates...profit tax free,

Amazing thing is no taxes...ever including dividend from Roth account once you pay the fed this year.

---

UNLESS - congress votes to change the tax rules on Roth

---

Took the words right out of my mouth. Our 401k guy was here last Friday and said he wouldn't be surprised if they change it (of course that is one guy's opinion). I, along with millions other citizens, will be pissed if they do.

---

doesn't the ROTH have maximum annual salary limitations for those with high salaries?

---

Yes. But I think you are allowed a one time rollover. Maybe someone can clarify.

Looks like some insider buying over at WWR. Nothing astronomical and I still bet we own more than the executives, but I suppose it's better than insider selling right now.

Carnwellag2 said:

---

OKC~Ag said:

---

Tip of the day

If you have sizable traditional IRA, convert part or all to ROTH IRA...

Be able to pay IRS for Tax bill for this Tax year. Offset some tax liability by selling your losses now.

years from now, when your ROTH escalates...profit tax free,

Amazing thing is no taxes...ever including dividend from Roth account once you pay the fed this year.

---

UNLESS - congress votes to change the tax rules on Roth

---

This would piss me off. I just now finally got to where I can contribute a sizable amount to my in-roth plan.

TecRecAg said:

---

Charismatic Megafauna said:

---

Max pain tomorrow is 414!? That seems worth taking a flyer

---

I know this isn't the football forum, but this is as close as we can get to poop slap territory..

---

I think mcinnis should perform a poop slap if we tag 414 tomorrow

After hours trading is showing many stocks up relative to the close. Is this people thinking that we reached the bottom?

irish pete ag06 said:

---

FL

I know... I know... It's pure degeneracy. Thinking of snagging a 20P for this tomorrow morning earnings.

---

Never got a fill here. So this means FL will drop to $15 tomorrow

ROST missed and guided lower. They're getting rocked AH.

FJ43 said:

---

LMCane said:

---

Ccutamu said:

---

Carnwellag2 said:

---

OKC~Ag said:

---

Tip of the day

If you have sizable traditional IRA, convert part or all to ROTH IRA...

Be able to pay IRS for Tax bill for this Tax year. Offset some tax liability by selling your losses now.

years from now, when your ROTH escalates...profit tax free,

Amazing thing is no taxes...ever including dividend from Roth account once you pay the fed this year.

---

UNLESS - congress votes to change the tax rules on Roth

---

Took the words right out of my mouth. Our 401k guy was here last Friday and said he wouldn't be surprised if they change it (of course that is one guy's opinion). I, along with millions other citizens, will be pissed if they do.

---

doesn't the ROTH have maximum annual salary limitations for those with high salaries?

---

Yes. But I think you are allowed a one time rollover. Maybe someone can clarify.

---

from schwab website..

Quote:

---

Roth IRA contributions are made on an after-tax basis. However, keep in mind that your eligibility to contribute to a Roth IRA is based on your income level. If you file taxes as a single person, your Modified Adjusted Gross Income (MAGI) must be under $140,000 for the tax year 2021 and under $144,000 for the tax year 2022 to contribute to a Roth IRA, and if you're married and file jointly, your MAGI must be under $208,000 for the tax year 2021 and 214,000 for the tax year 2022. The maximum total annual contribution for all your IRAs combined is:

• $6,000 if you're under age 50
• $7,000 if you're age 50 or older

---

So if you are making a $1 million a year, you can't contribute to Roth IRA but you can to traditional IRA.

IF you happen to have a traditional IRA that had severe hit due to current market, convert it to Roth and pay the fed $$$ now and enjoy the tax free money forever as long as your Roth IRA keeps generating dividends and appreciating in the future...

This is a back way to get into Roth IRA for high earning individual to take advantage of down portfolio so you pay less tax now and yet get the advantage of Roth IRA....

Also according to Schwab, you can convert individual $ amount or security in your account. Once you convert to Roth, obviously you can't convert back. For example, you have 1000 shares of F, convert to Roth at one time for 1000 shares or convert 1 share at a time, thousand times...Your financial institution wall calculate 1099 at the end of year- amount you are liable to IRS that was converted to Roth.

TxAgLaw03RW said:

---

Looks like some insider buying over at WWR. Nothing astronomical and I still bet we own more than the executives, but I suppose it's better than insider selling right now.

---

Good, need to see those Form 4s rolling in consistently when you're trading below Cash value.