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gougler08
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aggiedaniel06 said:

I am willing to bet you any amount that we will.
No bet as I'm the same way...going to accumulate some cash to wait until we do
oldarmy1
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Again, the stimulus is going to create a couch potato shopper. People receiving more money than they were earning, while others are going to be able to meet mortgage/rent obligations. That's why LADR popped.
$30,000 Millionaire
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WE'VE BOTTOMED!@#!@ BUY BUY BUY

just kidding. This is a lot like late 2008.
gougler08
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AggieFanatic09 said:

moved to cash about a week ago, time to rebalance and get back in?

or do we think the bottom has relatively been hit?

I'm concerned that 3.2MM unemployed is just the tip of the iceberg - a lot of companies aren't starting layoffs until this week and the coming weeks
I'd wait til we close the gap at SPY 230, I think this is a big rally that may get to the Model T point but then we'll head back down again to retest
AggiePeeps06
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But isn't LADR exposeD to quite a bit of retail in their portfolio? A lot of those businesses will close. Not sure LADR is out of the woods
AggiePeeps06
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I'm not so sure... the Fed is dead set on Artificially inflating the economy at a scale never seen before.
J_Landes89
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gougler08 said:

LADR up 75%



95% !


Took OA advice and sold half. Long term for me
AgShaun00
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Jizzle89 said:

gougler08 said:

LADR up 75%



95% !


Took OA advice and sold half. Long term for me
sold yesterday. The poster agrument that these are troubled investments made sense, but hell Wall Street hardly makes sense.
oldarmy1
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SDC bang!
Maximus_Meridius
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McInnis 03 said:

SDC getting squeezed up?
Dunno, but I'm liking it. Figured I'd be holding that bag a long time...

Up 42% right now
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Tree Hugger
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I'm still bummed that I bought AIM on a recommendation here and it has done nothing but drop
azul_rain
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this is BS when are we going to bottom
aginlakeway
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WYNN
81.37
+6.31
Pignorant
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We still holding IWM? Mine was only a small hedge.
McInnis 03
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Went net free on SDC $5C for APR17 when it was at 5.07. WEEEEEEEEEEEEE
khaos288
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You're in the money now.
Charismatic Megafauna
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NRD09 said:

I knew if I bought daily puts they'd get the deal hammered out!
bought a 245p this morning expiring monday. I'm really good at this!
oldarmy1
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Pignorant said:

We still holding IWM? Mine was only a small hedge.
I'm holding it as a hedge yes. I did just buy an additional 20% to trade on any trend pullback and lower average price but the bulls have a squeeze going so I don't care if I lose this if portfolio of trades rise 1/10th of 1% to kill that loss and its up well over that obviously.

Now if Trump doesn't sign the bill look out, but I think we all know he will.
Charismatic Megafauna
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just picked up one of these ANF 4/17 $9p for .7
Aggie1391
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McInnis 03 said:

Went net free on SDC $5C for APR17 when it was at 5.07. WEEEEEEEEEEEEE


Had $10c for jul that were worth nothing yesterday. Just sold them to break even.
tamc1956ag
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I bought RCL at 32$. good buy?
oldarmy1
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PYPL hanging just below $100. Look for a pop move above. I am going with the $105 April 17th calls
FriskyGardenGnome
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Is that a serious question?
tamc1956ag
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I mean should I buy more?
oldarmy1
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MOMO made a temperature check move to $23.56 and allowing slow selling pullback. Watch for continuation crush to $25+
FriskyGardenGnome
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Depends on why you bought at $32.
Aggie_2463
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Look I'm scared right now to step into the bull trap, should I be buying stocks now or no for long term. HELP! lol
O'Doyle Rules
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Stocks up based on the welfare package and 3.3M lost jobs. Back to the good ol days.
Harkrider 93
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Carlo4 said:

Quote:

Article mentions $600 a week extra on top of state benefits for 4 months. For example, my wife would get the max $500 a week in Texas if she was laid off. That would jump to about $4,400 a month for 4 months under the plan. After taxes/401k/insurance at her salary, she brings home $4,200 a month.

So, she would technically be a wash for 4 months being employed vs unemployed, taking out $200 for being added on to my company insurance if I did the math right. I know her job is taking a physical and emotional toll on her. That's the tough part. Always better to have a job.



Thanks! I see that now.

So basically, the clay guy should have said $90k/couple, not each. Also to your point, most would rather have a job with benefits or at least with a future. Even though some will take advantage of this, they all will get cut in half at some point. Then, they look for a job that is filled or vote for Bernie.
gougler08
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General consensus is that we have a pretty good rally (may even make it to the 278 Model T point that OA has alluded to) but that this isn't a full bottom. If you look at 2008, there was a good rally after an initial bottom but then it was retested and even went lower before truly coming back

I think we at least retest the 220 range in the next few weeks
IrishTxAggie
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I've been buying bank leaps today. Picked up a good bit of 6/21 WFC $40C at $2/contract. Saw it come across Cheddar and liked it.
Baby Billy
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Artificial. We will go back below 20k, but not sure we'll touch the 17's. Just a guess
oldarmy1
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Harkrider 93
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$30,000 Millionaire said:

WE'VE BOTTOMED!@#!@ BUY BUY BUY

just kidding. This is a lot like late 2008.
we didn't retest the bottom in 2008.
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