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25,129,543 Views | 233848 Replies | Last: 1 hr ago by $30,000 Millionaire
ProgN
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Post that fear greed indicator you do sometimes. I'm just curious.
FJ43
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FJ43 said:

ProgN said:

FJ43 said:

Be careful gents.

Cash is a position.
You need to overnight me Gus, holey cutoffs, dirty wife beater and old boots, STAT! If you have an appalachian Jobu, then throw his ass in there too. We have to turn this ****, for the board.
Not sure Gus is gonna help brother.

Friend of mine who was a very successful wealth manager for 30+ years sent me a 'get out' text tonight. The algos he uses aren't perfect but have avoided market events such as March 2020, 2008 and many others. He is switching gears and focusing on wealth preservation. Hasn't always been right but more often than not.

I suspect he'll be in cash and take some short positions if I was a betting man.



Posted this on 12/19. My friend is happy today.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

McInnis 03
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AG
For those keeping score. SPY at -4.0 ATR on daily.
Philip J Fry
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AG


FJB
$30,000 Millionaire
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AG
watch this level as potential intra-day low. Ticks better, VIX starting to reject
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
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AG
EUR/USD starting to rally.
You don’t trade for money, you trade for freedom.
Ags2013
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AG
My gracious Netflix
ProgN
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$30,000 Millionaire said:

watch this level as potential intra-day low. Ticks better, VIX starting to reject


BrokeAssAggie
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picking up some QQQ 1/28 $350s here.
McInnis 03
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NIO at $24..........and nobody wants it.
FTAG 2000
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Ags2013 said:

My gracious Netflix
Good, F Obama and Susan Rice.
Irish 2.0
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$30,000 Millionaire
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bought 0 DTE SPX 4300C. It moved fast. Stop in profit now.
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
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W on SPX! I think we get a little green run here.
BrokeAssAggie
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BrokeAssAggie said:

picking up some QQQ 1/28 $350s here.
In the green here. Move your stops up. I want to see if we can get to $466
McInnis 03
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AG
AMD just came to 109.xx and bounced hard off that
Bob Knights Paper Hands
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SAVA is green today. WTF?
Philip J Fry
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WEAT up almost 2% today. Come on baby. Let's hit $8 this week so I can dump you like a cheap date.
Irish 2.0
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McInnis 03
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AG
SPY keeps dropping but my Feb OTM calls keep getting richer.
Bob Knights Paper Hands
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My Feb02VIX$21P filled when it was over $37. I got some SPX, SPY, and SHOP flies and spreads for Wed and Fri for me to work. Trying to fill SPOT put spread for Mar to play BearSpine short recs.

I'm going to take some profits on some of the spreads I bought today.
Bob Knights Paper Hands
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Done. Made 50% on 1/3 of my SHOP spreads.
Talon2DSO
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Im liking AMD 2/4 $115c.

Thoughts
JbKing45
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AG 2000' said:

Aggiesincebirth said:

I would love to see a bottom on WWR finally. Thing has been bleeding for 10 months…

I need an OA seminar on how to handle my emotions

I think WWR will see $1.50 before it sees $2 again.


. It will probably see $0.50 before it sees $2 again.
Spoony Love
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Is SPY $430 our rejection level today?
Brian Earl Spilner
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AG
$30,000 Millionaire said:

ok, this is excessive now.
Seriously. I'm dumping as much as I can into the market right now. It's gonna hurt for a bit but I know I'm gonna be glad I did pretty soon.
Brewmaster
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AG
Spoony Love said:

Is SPY $430 our rejection level today?
yeah 4320 SPX looks like strong resistance. all pops being sold, crazy.
59 South
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I'll never think of the term 'dry January' the same.
$30,000 Millionaire
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$30,000 Millionaire said:

bought 0 DTE SPX 4300C. It moved fast. Stop in profit now.
this was pretty good.
You don’t trade for money, you trade for freedom.
M4 Benelli
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Bought GSL/ZIM (Two great shipping plays that are making money hand over fist due to supply chain FJB ineptitude.)

Also traded my little semi tester AEHR for some lovely AMD. Need to capitalize on value plays and look at this day as a gift from the firmament above. Port took a beating laat week, but need to Balboa back in the latter rounds. Yo Adrian!
Max Stonetrail
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McInnis 03 said:

SPY keeps dropping but my Feb OTM calls keep getting richer.
That moment when the VIX is your friend.

Speaking of, is there somewhere in TDA to watch the vix? Is there a tracking symbol?
Brewmaster
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Brian Earl Spilner said:

$30,000 Millionaire said:

ok, this is excessive now.
Seriously. I'm dumping as much as I can into the market right now. It's gonna hurt for a bit but I know I'm gonna be glad I did pretty soon.
layer in. If we send troops to Ukraine, you ain't seen nothing yet.
sts7049
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yeah. VIX
59 South
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Doesn't look like bottom is in before the relief rally. Maybe next levels down SPY 423 and QQQ 338 would do it. Maybe tomorrow morning.
Aggie_2463
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I've been sitting in mainly bonds in my 401K for a little while now. I'll start layering back in 10% at a time on this bigger drops
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