Wealth destroyed if you don't buy puts or sell call credit spreadsOverSeas AG said:
I do not look at Drudge too much anymore, but looking just a moment ago, it is all doom and gloom. "Wealth will be destroyed"
I think it is going to be another crazy day tomorrow...I am more convinced there are certain people that want to roil everything...
M.C. Swag said:
I don't think we've reached a bottom.
Arent they prepping to set up hospitals if needed?claym711 said:
This is still just rumor but from sources in Cali and a Chicago, national guard is being deploying. If it's there, it's elsewhere.
I've heard something similar from a solid source. Mandatory sequester coming.Prognightmare said:I'd normally agree but I've run across this a few times today. Don't shoot the messenger. There's rumblings that there's going to be an announcement this weekend of a 7 day National shutdown and national guard troops will be deployed in some major cities. Personally, I don't believe it but the board should be made aware before trading ends tomorrow. I wouldn't want anyone here to get trapped in positions over the weekend. However, if it were to be true then I don't see a positive reaction from the markets on Monday.gougler08 said:
Lots of stuff saying we are near the bottom...looks like we may start down tomorrow and if we end green in to the weekend, that seems like a really good sign too
Like I said, I think it's paranoia, but you never know.
You never know but I'm not going to gamble on a huge open and pray the rally continues. There are always stocks to buy so I'll be happy being in cash and re-enter on a down day, more of which we will most assuredly have.PDEMDHC said:
All of the battered stocks (airlines, hotels, cruises) up about 15-20% if you bought after hours yesterday.
Is this a huge rally day and sell off right at closing?
Talon2DSO said:
I see the big open and I'm holding two puts expiring today. Still think it ends down.
I've got SPY 240p and 235p