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Shundere
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8:51a, 4/9/20
I mentioned the XOM 4/17 43C last week. Sold at opening pop for a very nice gain. Only bought one contract to get my foot in the water, but thank you for the knowledge.
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oldarmy1
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In reply to McInnis 03 • 8:52a, 4/9/20
AG
McInnis 03 said:
OPEC+ meeting to start in 10 minutes.
$100 bucks says insiders already know what's coming and that's why the oils are up.
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59 South
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8:53a, 4/9/20
AG
SQ has lost its mind.
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OverSeas AG
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8:54a, 4/9/20
AG
Every knee shall bow and every tongue shall confess
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McInnis 03
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In reply to oldarmy1 • 8:54a, 4/9/20
AG
oldarmy1 said:
McInnis 03 said:
OPEC+ meeting to start in 10 minutes.
$100 bucks says insiders already know what's coming and that's why the oils are up.
No doubt at all, but I think some emotional things could happen for a moment.
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Harkrider 93
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In reply to wessimo • 8:54a, 4/9/20
AG
wessimo said:
I'm starting to think the bottom might actually be in. FED is willing to print infinite dollars to prop the markets up.
Based on some historical and near historical records, I have seen a ton say the bottom is in. Some stragglers were convinced early this week.

I am starting to wonder if we retest. Maybe that is what you meant. With the Fed and the Gvt passing bills, you wonder if it will retest.
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jbeck3487
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8:56a, 4/9/20
AG
Well CVET exploded
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khaos288
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In reply to Harkrider 93 • 8:56a, 4/9/20
AG
Harkrider 93 said:
wessimo said:
I'm starting to think the bottom might actually be in. FED is willing to print infinite dollars to prop the markets up.
Based on some historical and near historical records, I have seen a ton say the bottom is in. The some stragglers were convinced early this week.

I am starting to wonder if we retest. Maybe that is what you meant. With the Fed and the Gvt passing bills, you wonder if it will retest.


When the retail sentiment agrees on something, it's a great indicator the opposite is true.
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thirdcoast
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8:57a, 4/9/20
AG
The Fed is clearly a fan of Model T. They were concerned we would not get it, so they took action!
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oldarmy1
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In reply to OverSeas AG • 8:57a, 4/9/20
AG
OverSeas AG said:
So if I sell my OVV today.. so far about a $6K gain... would you buy back again and at what price? Let's I am able to sell around 4.60 if it were to hold that today. Buy again at 4.25? Or just avoid?

guessing opec meeting is going to tell us a lot.
I would wait for OPEC meeting. All indications are that there is going to be cuts in production. If you are planning to sell OVV then be ready and sell the spike.
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oldarmy1
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8:58a, 4/9/20
AG
DIS absorbing all of the early profit takers. Look for $108 to break it open for that major run.
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Harkrider 93
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In reply to khaos288 • 8:59a, 4/9/20
AG
khaos288 said:
Harkrider 93 said:
wessimo said:
I'm starting to think the bottom might actually be in. FED is willing to print infinite dollars to prop the markets up.
Based on some historical and near historical records, I have seen a ton say the bottom is in. The some stragglers were convinced early this week.

I am starting to wonder if we retest. Maybe that is what you meant. With the Fed and the Gvt passing bills, you wonder if it will retest.


When the retail sentiment agrees on something, it's a great indicator the opposite is true.
Right! That is why many fundamental traders thought the bottom was in March. That week had the most outflow ever in funds. More than anytime in history.
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OverSeas AG
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9:02a, 4/9/20
AG
Every knee shall bow and every tongue shall confess
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Baby Billy
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9:02a, 4/9/20
AG
Purchase of COF at $41 last Friday looking pretty good
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Baby Billy
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9:04a, 4/9/20
AG
Didnt buy LADR $3, did RUBI instead
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McInnis 03
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9:06a, 4/9/20
AG
Entered the 275 Spy Straddle for today at close yesterday. I've now closed the call side with enough profit to cover the put side should it go to zero. Now I'm really just playing a sell hope.
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The Pilot
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9:08a, 4/9/20
AG
How long do we ride LADR?
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ProgN
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In reply to The Pilot • 9:11a, 4/9/20
The Pilot said:
How long do we ride LADR?
You're the pilot
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Jevertson
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9:11a, 4/9/20
AG
Does anybody here genuinely believe we've hit bottom here? Anyone care to summarize the points as to why we've hit bottom compared to why we haven't?
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zag213004
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In reply to oldarmy1 • 9:12a, 4/9/20
AG
oldarmy1 said:
DIS absorbing all of the early profit takers. Look for $108 to break it open for that major run.


You mean a run up if it breaks that value? Not challenging just trying to understand this stuff better
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ProgN
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In reply to Jevertson • 9:12a, 4/9/20
Read the previous 20 pages, it should contain valid arguments for and against it.
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The Pilot
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In reply to ProgN • 9:13a, 4/9/20
AG
Prognightmare said:
The Pilot said:
How long do we ride LADR?
You're the pilot
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Hendrix
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9:13a, 4/9/20
AG
I'm buying spxs and holding through next week's job numbers. Can the Fed announce weekly trillion dollar programs? Daily?
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TChaney
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In reply to The Pilot • 9:14a, 4/9/20
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Exsurge Domine
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9:15a, 4/9/20
I would have made like $18k on my $800 investment in LADR if I hadn't taken my $2k profit
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ProgN
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In reply to Hendrix • 9:16a, 4/9/20
Buy it if you want to but ask yourself, does the market really care about the weekly numbers? We've rallied 3 weeks in a row on ****ty numbers, every Thursday. What I'm saying is that the jobless numbers are not an insurance policy.
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9:17a, 4/9/20
Hendrix
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In reply to ProgN • 9:20a, 4/9/20
AG
Prognightmare said:
Buy it if you want to but ask yourself, does the market really care about the weekly numbers? We've rallied 3 weeks in a row on ****ty numbers, every Thursday. What I'm saying is that the jobless numbers are not an insurance policy.
agree. just expecting another down leg and higher jobless numbers next week. Don't want to hold more than a week or two. Wish me luck.
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McInnis 03
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9:22a, 4/9/20
AG
$4.1MM 13p's for Sep18 on VIAC. Anyone know why an outlier like this would be going in for VIACOMCBS?
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Ragoo
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In reply to [removed post] • 9:23a, 4/9/20
AG
jj9000 said:
Doesn't Model T get thrown out the window with the Fed dropping $2.5T from the sky?

My thoughts are that the 1st $2T was unprecedented. Tacking on another $2T suggests we're about to see a wrecked economy like we've never seen (even with the stimulus pops).
the 50% was achieved and the sell off has begun.
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OverSeas AG
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In reply to Exsurge Domine • 9:25a, 4/9/20
AG
Every knee shall bow and every tongue shall confess
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Harkrider 93
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In reply to Jevertson • 9:25a, 4/9/20
AG
Jevertson said:
Does anybody here genuinely believe we've hit bottom here? Anyone care to summarize the points as to why we've hit bottom compared to why we haven't?
are you asking if we go much lower from here or asking if we retest bottom vs make a new bottom?
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Touchless
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In reply to Exsurge Domine • 9:26a, 4/9/20
AG
Exsurge Domine said:
I would have made like $18k on my $800 investment in LADR if I hadn't taken my $2k profit
I just grabbed some May $5P for LADR. They'll drop back down I feel like and it's pretty cheap right now. At some point in the next month they'll head down and should be a nice gain a that point.
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La Bamba
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9:26a, 4/9/20
AG
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YNWA_AG
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In reply to McInnis 03 • 9:28a, 4/9/20
AG
They have to be betting on no nfl
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