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24,696,144 Views | 233393 Replies | Last: 9 min ago by ac04
Farmer @ Johnsongrass, TX
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agdaddy04 said:

thanks for the reassurance. I read your post the other day about the weak leadership as maybe you were wavering on them long-term.
Nope. No wavering. None in the slightest. Regarding T senior leaders, some people mysteriously rise to top senior leadership. They should be good for 3 to 10 strategic decisions a year and yet they still blow it. Solid companies survive this type of leadership ignorance because most shots(decisions) aren't fatal and other layers of management guide the ship to calm waters. However, one example of many, Ralston Purina - Bill Stiritz/CEO was incentivize to destroy that company - fact. He figured out the loophole to destruction and getting rich by doing it before the BOD did. That mother trucker would have been tarred and feathered in earlier times. It's sad to witness something like this because you think, "What could this (insert company name) do if we had real leadership". A weak company with a bad senior leadership team cannot survive. I know 10X of these examples. I do think, AT&T/Stankey, unloading the entertainment businesses from AT&T is prudent. I give him credit for that move; however, he's fumbling those divestures too. He's selling technology held by DirecTV that he, or AT&T, will end up buying back in the future, guaranteed. DirecTV owns wave frequencies that are key to 7G, 8G and 9G (crown jewels) and it will be sold off. AT&T, leadership just don't know what they have/own and it's sad.
BrokeAssAggie
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bull flag forming on SPY and Qs? $347 on Qs is a big pivot
$30,000 Millionaire
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AG
get in *****, we're going to the moon.
You don’t trade for money, you trade for freedom.
BrokeAssAggie
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BrokeAssAggie said:

bull flag forming on SPY and Qs? $347 on Qs is a big pivot
nailed it
cageybee77
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AG
E said:

Anyone going to hammer NVDA soon for shares or leaps?
I'm all in on NVDA.
$30,000 Millionaire
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AG
taking some profits here. Man, what a great day.
You don’t trade for money, you trade for freedom.
mc_shipman
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So think the $SPY 440c I picked up this morning go ITM?
Brewmaster
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AG
mc_shipman said:

So think the $SPY 440c I picked up this morning go ITM?
depends on VIX, if it wakes up at next support or blows past it. I'd take some profits.
$30,000 Millionaire
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AG
this is kind of last stand for bears. They're going to try hard here.
You don’t trade for money, you trade for freedom.
Irish 2.0
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mc_shipman said:

So think the $SPY 440c I picked up this morning go ITM?
Should've taken profits at 435 if you bought it this morning honestly. It is great that it is still going, but you've gotten extremely lucky with this one if it isn't just a runner
ProgN
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$30,000 Millionaire said:

taking some profits here. Man, what a great day.
$30,000 Millionaire
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AG
I think there is possibility of close above 4400. Wait for 4380 on /ES to be reclaimed.
You don’t trade for money, you trade for freedom.
SpeedyAg90
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AG
Sold all my SPY calls and grabbed a few SPY puts here. Let's see what happens
$30,000 Millionaire
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AG
some guy from Merrill Lynch pinged me on LinkedIn today.

Should I tell him I shorted VIX and was long SPX calls from 4290?
You don’t trade for money, you trade for freedom.
CheladaAg
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AG
HOOD didn't have steller earnings but up over 7%. Was the bottom bought up?
mc_shipman
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Yes, I have one runner left sold others at 4x. Insert line about degenerate gamblers here.
BrokeAssAggie
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another bull flag forming
$30,000 Millionaire
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AG
SpeedyAg90 said:

Sold all my SPY calls and grabbed a few SPY puts here. Let's see what happens
I get selling the calls, but why puts? It might work, but you're speculating. Trend is up today.
You don’t trade for money, you trade for freedom.
Farmer @ Johnsongrass, TX
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yes
BrokeAssAggie
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Qs need to hold $347 here
CheladaAg
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AG
SpeedyAg90
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AG
Bought calls this morning being we were at support and figured we could revisit 200 ema but didn't think we would break it.
$30,000 Millionaire
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AG
0 DTE lotto. CRM 225C
You don’t trade for money, you trade for freedom.
OutlawAG04
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Failing to hold 4380? Short term scalp to the put side?
gougler08
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AG
Max pain was 445 on SPY right? Bulls want it...
SpeedyAg90
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AG
Of course I got out early and bought puts early of 200 ema but I like to average into trades.
$30,000 Millionaire
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AG
SpeedyAg90 said:

Bought calls this morning being we were at support and figured we could revisit 200 ema but didn't think we would break it.
they're working, so trail your stops.
You don’t trade for money, you trade for freedom.
SpeedyAg90
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AG
My puts are looking pretty good so far !
$30,000 Millionaire
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AG
pretty weak effort by the bears so far.

Here's my rest of day plan:

  • Long above /ES 4380
  • short below /ES 4340

Current zone likely to be chop.
You don’t trade for money, you trade for freedom.
Irish 2.0
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The rate hike isn't going to be what gets us out of this inflation cycle. It is the federal government printing and spending money like drunken sailors
SpeedyAg90
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AG
I like those levels ! And definitely got stops set. I always trail at least 1/2 my position when they are up pretty good money. Now let's see Spy restart the low !
$30,000 Millionaire
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AG
SpeedyAg90 said:

I like those levels ! And definitely got stops set. I always trail at least 1/2 my position when they are up pretty good money. Now let's see Spy restart the low !
we're in the chop period of the day, and it's Friday. ticks are in the +400 to -400 range and volume is diminishing. You'll get the typical algo games during lunch, but the vol will return around 2 eastern.
You don’t trade for money, you trade for freedom.
SF2004
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AG
$30K,

Is this the start of the multi-week bullish period or just a good day?
Irish 2.0
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SpeedyAg90
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AG
$30,000 Millionaire said:

SpeedyAg90 said:

I like those levels ! And definitely got stops set. I always trail at least 1/2 my position when they are up pretty good money. Now let's see Spy restart the low !
we're in the chop period of the day, and it's Friday. ticks are in the +400 to -400 range and volume is diminishing. You'll get the typical algo games during lunch, but the vol will return around 2 eastern.


But given seasonally, aapl earning out of the way and the fact that I don't believe as many people will hold over this uncertain weekend. I think we stay in the range and trend back to the bottom of the range. Just my opinion
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