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In reply to ProgN • 11:46a, 3/20/20
khaos288
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In reply to AggieKeith15 • 11:48a, 3/20/20
AG
AggieKeith15 said:
I think people may end up appreciating him going after the media. The questions they ask are negative and reporting has been negative for weeks now. People are probably questioning how legitimate their claims are and are tired of hearing all of the fear in the headlines.
Plenty of Americans are scared. The leader of the free world should have a better response. Something about hope, and strong actions being taken, etc. Not berating reporters.

If it was a bait? Use the opportunity to say something positive.
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TxAgLaw03RW
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In reply to khaos288 • 11:50a, 3/20/20
AG
You're obviously not listening to him speak. You've latched on to one remark and have no context. Personally, I feel more confident after each of these conferences I listen to.
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AggieKeith15
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In reply to khaos288 • 11:51a, 3/20/20
AG
Dont get me wrong I found it almost cringey given the crisis at hand, but you have to remember he is the POTUS and a whole lot of people voted him into office. They carry his brand and WANT to believe in his message.

And despite his missteps at times in talking, and awkward ramblings, I sort of find him personable and easy to interpret. I think most people at a minimum know he's honest, which is nice in times like these.
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ProgN
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In reply to Ridge14 • 11:52a, 3/20/20
Ridge14 said:
Prognightmare said:
Good lawd, this trader on CNBC says he's buying SPY 105 and sees DJIA 10000-12500.

I don't see it but damn.
I only heard him say SPY 105, figured he meant 205 but maybe he did in fact mean 105.

Former tennis coach was what he actually does, right?
He's a former tennis coach and now a professional trader.
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OverSeas AG
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11:54a, 3/20/20
AG
Every knee shall bow and every tongue shall confess
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ProgN
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In reply to [removed post] • 11:55a, 3/20/20
jj9000 said:
Prognightmare said:
Good lawd, this trader on CNBC says he's buying SPY 105 and sees DJIA 10000-12500.

I don't see it but damn.
Whoah!! What is his basis for the opinion?
My guess is that he was up 17.5% for the year in January but now he's down 7% for the year. He's probably lost millions and is bitter. He said he's in 77% cash until things settle down.
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AgShaun00
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In reply to Boat Shoes • 11:55a, 3/20/20
AG
Boat Shoes said:
spud1910 said:
tam2002 said:
Just bought more XOM
I did too. We shall see.


Made multiple buys of XOM in the last two weeks.
i did also and looking at May 45 options
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khaos288
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In reply to TxAgLaw03RW • 11:57a, 3/20/20
AG
Wozlaw said:
You're obviously not listening to him speak. You've latched on to one remark and have no context. Personally, I feel more confident after each of these conferences I listen to.
Sorry but you are 100% wrong.

There have been good press conferences, and there have been ones that didn't inspire much (this one was pretty neutral overall. expected border closings, and the like). Regardless there's always a question or two that triggers Trump. I wish he could brush it off and act more presidential. My whole thing for the guy is if he would just carry W's demeanor, he'd catch a lot less hate.
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ttha_aggie_09
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11:57a, 3/20/20
AG
I thought Mike Pompeo's response about China was really good!

"We need all of the information, this is not about retribution, it's about the facts..."
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M.C. Swag
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In reply to aginlakeway • 11:57a, 3/20/20
AG
aginlakeway said:
M.C. Swag said:
aginlakeway said:
jj9000 said:
Yes. He just went off on a reporter.
What did the reporter ask?
Reporter: "What do you say to Americans that are scared?"

Trump: "You're a terrible reporter and that is a nasty question."


Total meltdown.
I saw that. I didn't think he's melting down at all. He seems very in control.

We'll agree to disagree.
This whole exchange was the opposite of what I'd want from my leader:

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Cartographer
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11:58a, 3/20/20
Take it to the politics board folks.

It's relevant but your discussion is not.
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YNWA_AG
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In reply to M.C. Swag • 12:02p, 3/20/20
AG
Weh
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Ragoo
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In reply to M.C. Swag • 12:04p, 3/20/20
AG
M.C. Swag said:
aginlakeway said:
M.C. Swag said:
aginlakeway said:
jj9000 said:
Yes. He just went off on a reporter.
What did the reporter ask?
Reporter: "What do you say to Americans that are scared?"

Trump: "You're a terrible reporter and that is a nasty question."


Total meltdown.
I saw that. I didn't think he's melting down at all. He seems very in control.

We'll agree to disagree.
This whole exchange was the opposite of what I'd want from my leader:

why? The reporter was in-sighting emotion first. Set a baseline for feelings. Regardless of facts. Trump called his motive.
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Barnyard96
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In reply to M.C. Swag • 12:04p, 3/20/20
AG
M.C. Swag said:
aginlakeway said:
M.C. Swag said:
aginlakeway said:
jj9000 said:
Yes. He just went off on a reporter.
What did the reporter ask?
Reporter: "What do you say to Americans that are scared?"

Trump: "You're a terrible reporter and that is a nasty question."


Total meltdown.
I saw that. I didn't think he's melting down at all. He seems very in control.

We'll agree to disagree.
This whole exchange was the opposite of what I'd want from my leader:

Should have called him a dog faced pony soldier.
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khaos288
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12:06p, 3/20/20
AG
Anyone brave enough to hold calls over the weekend?

I've got one little position, but I feel like I could buy back in monday for cheap.
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IrishTxAggie
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12:07p, 3/20/20
AG
Guys...Stock Market thread. Unless he says something relevant to the market, lets keep the gov't out of this.
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khaos288
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In reply to IrishTxAggie • 12:08p, 3/20/20
AG
IrishTxAggie said:
Guys...Stock Market thread. Unless he says something relevant to the market, lets keep the gov't out of this.
Apologies!
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GarlandAg2012
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In reply to khaos288 • 12:08p, 3/20/20
AG
I've still got my SPY 265c that expire monday...they are worth very little right now so might let em ride unless we get an afternoon rip like the past few weeks.
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ProgN
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12:08p, 3/20/20
If we sell off at the close, I'm going back into those 7/17 DIS 100c. Not a massive position, just a nibble, because if the news this weekend is tame, those are extremely tradeable with DIS moves.
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ttha_aggie_09
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In reply to IrishTxAggie • 12:11p, 3/20/20
PPAag06
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12:12p, 3/20/20
AG
I'm thinking of buying some SPY puts for a week or two out. With cases/deaths growing significantly the last two days I think there is a bad day two coming. Add that to an unemployment report which is sure to disappoint...Hoping we can get a small run into close before I lock in.
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M.C. Swag
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12:19p, 3/20/20
AG
disney back below 90.
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leoj
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12:24p, 3/20/20
AG
spx still can't get back over 2400
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ProgN
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12:28p, 3/20/20
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OverSeas AG
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12:31p, 3/20/20
AG
Every knee shall bow and every tongue shall confess
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Touchless
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In reply to AgShaun00 • 12:31p, 3/20/20
AG
AgShaun00 said:
Boat Shoes said:
spud1910 said:
tam2002 said:
Just bought more XOM
I did too. We shall see.


Made multiple buys of XOM in the last two weeks.
i did also and looking at May 45 options
I just grabbed XOM 4/24 40C for $1. Just hoping for a decent rally at some point over the next month to flip it.
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RGRAg1/75
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In reply to M.C. Swag • 12:32p, 3/20/20
AG
M.C. Swag said:
disney back below 90.

IMO we haven't gotten close to DIS floor yet. Parks closing will have big impact on earnings. Especially as it's peak season for them. Good buying opptys to come.
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ProgN
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In reply to OverSeas AG • 12:32p, 3/20/20
I'm leaning towards a sell off today.
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bmks270
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12:32p, 3/20/20
AG
Mark Cuban just said "we literally are in a FUBAR situation."

Says we should break some rules, instruct banks to hand out loans, and allow the banks to write off losses to the government. He thinks it might be cheaper and faster way to give business cash flow to keep their employees.

Cuban sounds pretty level headed.
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ProgN
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In reply to RGRAg1/75 • 12:34p, 3/20/20
RGRAg1/75 said:
M.C. Swag said:
disney back below 90.

IMO we haven't gotten close to DIS floor yet. Parks closing will have big impact on earnings. Especially as it's peak season for them. Good buying opptys to come.
For buy and hold maybe, but you can trade the hell out of it right now.
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Touchless
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In reply to ProgN • 12:40p, 3/20/20
AG
Prognightmare said:
If we sell off at the close, I'm going back into those 7/17 DIS 100c. Not a massive position, just a nibble, because if the news this weekend is tame, those are extremely tradeable with DIS moves.
What premium would you take that at?
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M.C. Swag
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In reply to bmks270 • 12:41p, 3/20/20
AG
bmks270 said:
Mark Cuban just said "we literally are in a FUBAR situation."

Says we should break some rules, instruct banks to hand out loans, and allow the banks to write off losses to the government. He thinks it might be cheaper and faster way to give business cash flow to keep their employees.

Cuban sounds pretty level headed.
where did you see that?
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In reply to ProgN • 12:44p, 3/20/20
ProgN
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In reply to Touchless • 12:44p, 3/20/20
7/17 100c under $7
7/17 95c $8 or better

I'm waiting for the final 30 mins of the day because I think we sell off into the close and I may even get them at a better price. If the market rallies and moves away from me, oh well. I will not chase it and look to next week for other opportunities.
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