Almost hit.Aggietaco said:
So much for my $81 DIS order going through.
Almost hit.Aggietaco said:
So much for my $81 DIS order going through.
FriscoKid said:
I'm afraid to be short here. If the drug cocktail is effective then we go back to work and trillions of dollars will have been printed. Fear will evaporate overnight and it will be be a strict unemployment/earnings event that the market knows how to price.
Once daily life goes back to normal in the US, it will long have already been normal in other places. Japan is already up and going. China (reports) are as well. News today that Germany is starting to flatten curve. We will be the last ones to "come back to normal" save those hardest hit (Italy, Spain, Iran).jayelbee said:FriscoKid said:
I'm afraid to be short here. If the drug cocktail is effective then we go back to work and trillions of dollars will have been printed. Fear will evaporate overnight and it will be be a strict unemployment/earnings event that the market knows how to price.
While most daily life may go back to normal in the US, I anticipate travel, especially international, will see lasting impacts going for the next year or more until people forget about everything. If the effective shutting in of everyone lasts 8+ weeks like some say it could, then it may drastically impact the way we work, shop, eat, consume entertainment, and many other things if the habits stick.
oldarmy1 said:
Looks like die is cast. Drop on markets. Sideways off 2250/2295 and see if Bill passes. I closed out my SPY covered calls when premium dropped from $6.73 to $1.29 and bought a Put for hedge. Then bought the $234 call. I would be surprised with all the pressure on politicians not to see a Bill passed today.
weekly $234 or today expiry?oldarmy1 said:
Looks like die is cast. Drop on markets. Sideways off 2250/2295 and see if Bill passes. I closed out my SPY covered calls when premium dropped from $6.73 to $1.29 and bought a Put for hedge. Then bought the $234 call. I would be surprised with all the pressure on politicians not to see a Bill passed today.
HP was saying trim some here (and that was at 147 or so). I'd feel safe to trim half here for sure.fightintxag13 said:
Anyone have a price target for ZM to sell and take profits? I bought in at $116.
Aggie_2463 said:
PROG did you make your 10% on RIG this morning?
Yeah me either. I'm scared money right now.
Thank you Market Nostradamus. If you throw enough **** against the wall, eventually something will stick.claym711 said:
They will never really tighten. They can't. Any slight tightening is 8-10 years or more away. No way to undo what's been done. Powell said it himself back in 2012, and fulfilled his own prophecy in 2018.
Fed and treasury aren't doing an unlimited pump because they think life goes back to normal in a couple of months. Going to be a recession, zero doubt now. Consumption will not rebound to where it was for a long while.
Long term Market will likely inflate artificially again until the next crash. But, this pump will not have the same effect as 08. Too much juice has already been squeezed.
I don't give a rat's ass. I lost a ****load in the initial move, but I'm nearing back to even because I'm playing daily and not holding anything overnight. You don't know which way the market will go long term and you're acting no different than any other analyst that throws out a bunch of theories so you can run back to one of them and said "see, told ya so"...but ignore the 75% of other crap I've said.claym711 said:
So bitter, man.
It's not panicked. It's the annoyance with your schtick. I have the ability to respond rather quickly because Europe is shutdown and I'm done with my work in India and China because it's late evening there.claym711 said:
You seem to give a rats ass based on your panicked responses.
Bought ZM in Dec when it was like 67, can't convince myself to cut any loose.BREwmaster said:HP was saying trim some here (and that was at 147 or so). I'd feel safe to trim half here for sure.fightintxag13 said:
Anyone have a price target for ZM to sell and take profits? I bought in at $116.
bought the initial crash dip at 103, likewise, I might just hold it forever (or at least through Corona-craziness).McInnis 03 said:Bought ZM in Dec when it was like 67, can't convince myself to cut any loose.BREwmaster said:HP was saying trim some here (and that was at 147 or so). I'd feel safe to trim half here for sure.fightintxag13 said:
Anyone have a price target for ZM to sell and take profits? I bought in at $116.
I bought DOCU at the same time, they were in the same article I was reading that day. I scared myself out of DOCU last week when it was tanking and I was back to even. I convinced myself the slowdown would limit people requiring their service. BOOM, as soon as I hit confirm and send, it was back up the next day and hasn't looked back yet.BREwmaster said:bought the initial crash dip at 103, likewise, I might just hold it forever (or at least through Corona-craziness).McInnis 03 said:Bought ZM in Dec when it was like 67, can't convince myself to cut any loose.BREwmaster said:HP was saying trim some here (and that was at 147 or so). I'd feel safe to trim half here for sure.fightintxag13 said:
Anyone have a price target for ZM to sell and take profits? I bought in at $116.
You've not been wrong IMO.claym711 said:
Your strategy seems to be something like 90% long, so I get some annoyance with any dissenting opinion. But when unicorn farts, QE infinity, and free trump checks can't send the market up, you might want to re-balance.
I invite you to point out where I've been wrong, and happy to compare returns.