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26,088,430 Views | 235539 Replies | Last: 18 hrs ago by BucketofBalls99
ProgN
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About 7 mins, bottom of the 9th 2 on 2 out down by 2........

Kick the tire and light the fires. Here we go gang
gougler08
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AG
Prognightmare said:

About 7 mins, bottom of the 9th 2 on 2 out down by 2........

Kick the tire and light the fires. Here we go gang
I already have a lot of red today...would really rather to not have it worse
gougler08
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AG
Holy big candles both ways batman
ProgN
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0.25 cut

Median is no more cuts this year

Some say 1 more cut

Now time for Trump tweet
Aggie_2463
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AG
Rate cuts 25 points
IrishTxAggie
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AG
Powell is a ****ing idiot... Give us the room to compete internationally against those bull**** negative rates and ***** I'm not saying give us negative, but take off the ****ing barrier!!
AgShaun00
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AG
how much lower will roku go?
ProgN
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This fed is playing politics. A lot of the members are blinded with TDS and hatred.
ProgN
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Let it flush but anywhere under $130 will look like a great price in 4-6 months
mrad85
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AG
ROKU, I know you've had a very very bad day, but I'm still with you buying down the 10/11's.

I have faith!



FriskyGardenGnome
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AG
MDR, geeze!
aggiedaniel06
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AG
aggiedaniel06 said:

Fed will cut 0.25 basis points. However when he gives his outlook, market won't think it is dovish enough. Expecting 200-300 point DJI swings.

Oh and trump will tweet and call JP a moran!


What do I win?
IrishTxAggie
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I hope Powell gets herpes from a toilet seat.
Harkrider 93
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dang dude

at least let him get it the fun way - by Deliverance style
jmcfar_98
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AG
IrishTxAggie said:

Told my ex in college the same thing after I was fast on the trigger a few times.
Are you ok? I heard your ex died today. Jessica Jaymes. Sorry to hear that.
FishrCoAg
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Y'all drew me in. Just sold Roku 9/20 128 puts
E
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AG
I take its safe to assume to dump the AKAM 9/20 calls?
ProgN
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FishrCoAg said:

Y'all drew me in. Just sold Roku 9/20 128 puts


I like the play but I'd have gone further out. I'd have sold the Nov puts because that will include their next earnings release, that they've already affirmed. That stock won't be near 128 in November. JMO
Shiner Bock
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Bought some EEM puts a few minutes before the fed release. Makes me feel better after closing X puts too early
Trolley Problems
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Prognightmare said:

FishrCoAg said:

Y'all drew me in. Just sold Roku 9/20 128 puts


I like the play but I'd have gone further out. I'd have sold the Nov puts because that will include their next earnings release, that they've already affirmed. That stock won't be near 128 in November. JMO

Sold the 10/25 $120 puts.
Brewmaster
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Prognightmare said:

Let it flush but anywhere under $130 will look like a great price in 4-6 months
Call your shots for ROKU bottom...

I'll say 125
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leoj
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AG
This is how I'm leaning. Why would we want to continue easy money and create asset bubbles?
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La Bamba
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Overall the tone was very tame I thought. And Markets have not recovered so the reaction seemed to be the same.
Bonfire1996
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I don't want negative rates, but we don't need to be this high, relative to growth and inflation. The FED went way too fast with increases, and are now playing politics by being way too slow to react.

The delta between us and the rest of the world doesn't need to be this wide to promote monetary inflows into the US.
ProgN
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SoupNazi2001 said:

You guys wanting negative rates here are crazy, they aren't a good thing and will do immeasurable harm to the banking sector over time which is the life blood of the economy. Europe and Japan have negative rates because they have no growth.
That's not what Irish or anyone else on here is advocating. He, and I, are saying that rates are too high while the EU and some Asian countries are going with negative rates. Rates are too high and Powell should have cut .50 basis points and leaned towards another .25 in December.
IrishTxAggie
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I don't want negative rates. But I want rates that will keep us more competitive on the international markets.
FishrCoAg
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Get my feet wet first, then go further out next week. Been dabbling in selling oxy weekly puts for a month or so.
ProgN
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BREwmaster said:

Prognightmare said:

Let it flush but anywhere under $130 will look like a great price in 4-6 months
Call your shots for ROKU bottom...

I'll say 125
The low today bounced off it's moving average so we're close. It may dip to 125 tomorrow but just to be in it, I'll be nibbling on some Nov calls 130-135 range. If it dips down tomorrow, I'll add to it.
ProgN
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The Nov 120-130 range puts out to November are free money IMO but I don't want to tie up my trading funds for that long. I may write some as it gets closer to November 5th (unconfirmed earnings date).
ProgN
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leoj
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AG
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ProgN
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Bought 11/15 130c ROKU.

Now I need ROKU to be ROKU and RIG to go to 4.5.
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