How in the hell can he get away with this?!?!
https://instagr.am/p/BrGag59DmNX

snowmnag970 said:

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FriscoKid said:

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? Trump didn't say anything.

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Trump Tillerson Tweet

"Mike Pompeo is doing a great job, I am very proud of him. His predecessor, Rex Tillerson, didn't have the mental capacity needed. He was dumb as a rock and I couldn't get rid of him fast enough. He was lazy as hell. Now it is a whole new ballgame, great spirit at State!"

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That didn't influence the market.

I wish there was another hour. That rally failed, but there wasn't enough time to see if LOD was going to hold or not.

Long weekend to lick wounds now.

Welp, this week SUCKED

Market is teetering on the edge of a cliff. Break 2625-2600 on SP500 and it could go down another 10-15%. The sell programs are waiting for that break. Tending to put my money on the downside right now. This market just does not want to rally. 2800 region on SP500 is strong resistance to the upside. It will have to break that before I start buying. Of course everyone else sees this as well.

oldarmy1 said:

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FriscoKid said:

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oldarmy1 said:

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Be smart. We filled the gap today which is one of those upside down downtrend days until/unless we break through upwards.

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Good call

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Well I hedged my MOMO buys but am still down 3% on that trade right now (with hedge that is my limit loss). Have to decide into close how to play it with option hedge expiring. It has a reverse head and shoulders formed on the daily so technically it is saying its gonna shoot back above $25 firmly.

See the two big sell order absorbed? $24.50 gets lost the markets in general will be tanking further.

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What happened to the 270 strike puts you shorted around 11 am on Tuesday at underlying 273.5 ?

The monthly went 3.5 to 10 back to 4.20's at today's open and closed at 9 so just curious if you are still holding to get exercised ?

Selling more down here ?

Cohen filings allege trump committed campaign finance felony, looks like.

claym711 said:

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Cohen filings allege trump committed campaign finance felony, looks like.

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More than likely that Cohen fabricated **** to help his own ass.

Just noting - If mueller gains any traction in going after trump, it's more fuel for volatility.

JP76 said:

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oldarmy1 said:

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FriscoKid said:

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oldarmy1 said:

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Be smart. We filled the gap today which is one of those upside down downtrend days until/unless we break through upwards.

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Good call

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Well I hedged my MOMO buys but am still down 3% on that trade right now (with hedge that is my limit loss). Have to decide into close how to play it with option hedge expiring. It has a reverse head and shoulders formed on the daily so technically it is saying its gonna shoot back above $25 firmly.

See the two big sell order absorbed? $24.50 gets lost the markets in general will be tanking further.

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What happened to the 270 strike puts you shorted around 11 am on Tuesday at underlying 273.5 ?

The monthly went 3.5 to 10 back to 4.20's at today's open and closed at 9 so just curious if you are still holding to get exercised ?

Selling more down here ?

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I sold the naked Puts and I am getting those assigned.

Just spent the day at a spa with my wife in Asheville where no electronics are allowed. Just catching up on today. Man, what a bloodbath for some. Still waiting for the bottom.

Were you with Tom Herman?

On vacation and sold 30% before I left

Ouch still.

China hitting Apple with an Iphone Sales Ban.

Buying puts!

Thankfully, no.
Just the woman who brought me to SC in the first place

?dl=1

It should have gapped way up if it was going be up today.

Probably jinxing it but it sure looks like ROKU put in a bottom and reversed real hard. Hopefully that's the end of the slide

Frankenstein just dropped by to give me his market analysis:

"Fire bad"!

"Stock market bad"!

""Gerrrrrrrrrrrrrrr"!

Then he stormed outta here like he does when he's pissed and scared!

What does this look like? bottom?

Downward slope

Only if you sell at these prices

FrioAg 00 said:

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Only if you sell at these prices

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i actually increased my 401k contributions last week.

i did roll over my previous 401K at the exact wrong time though.

My only regret is that I'm already at the max of what I have to invest.

Guitarsoup said:

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FriscoKid said:

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What does this look like? bottom?

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My net worth

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Guitar wins the strummer post!

Traveling but had to post that v bottom had the volume you want and it flashed below major support just like last few bottoms.

What is disconcerting is how many stocks haven't accepted the reversal. ROKU, BABA, MOMO and all financials stayed red.

Pharma is mixed... maybe they are all laggers waiting to validate a true reversal follow through tomorrow but its not what you ideally want to see to dive in big so I didn't.

AMZN only up 11 late in the day when it easily hit +20 earlier after open. Again it might be nothing in a capitualtion reversal day but I prefer to see all participating.

Wish we would have gone ahead and tested that 2532 S&P. I don't think this is over until we do. And hope it holds.

FriscoKid said:

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What does this look like? bottom?

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Sure looks like a bottoming to me.

FriscoKid said:

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FriscoKid said:

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What does this look like? bottom?

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Sure looks like a bottoming to me.

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Very doubtful the bottom is in. Perhaps for December but def not 2019.

Any thoughts on BAC? Down ~15% in 5 days?

Shiner Bock said:

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Any thoughts on BAC? Down ~15% in 5 days?

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Look at all financial stocks. Brutal wave action looking for interest rates and global instability.

You guys are biased by what you think that chart is. Look at the price action at the bottom.

That is an inverse of the S&P from 2004. Monthly candles. I would not be selling on that chart with that kind of action. That looks like a reversal.

claym711 said:

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Very doubtful the bottom is in. Perhaps for December but def not 2019.

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Okay Eeyore