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Charismatic Megafauna
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AG
Charismatic Megafauna said:

Pretty solid descending channel on spy hourly going back to 3/29. I just bought xsp puts

Darned if we aren't just about back to the bottom of this channel. $2 to go, unfortunately
Farmer @ Johnsongrass, TX
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ProgN said:

Where's Farmer this morning?

Didn't he say he has some land in central Texas?
You rang?
Brewmaster
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AG
little pop may just be a bull trap
59 South
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AG
Macro looking eerily similar to December 2018.

These things usually end in panic capitulation so I really would prefer to get it over with.

We need to see a collapse with QQQ <300 and SPY <400. The set up is there for it to happen in the next couple of weeks, maybe a month.

Let's flip that old 'sell in May and go away' stuff on its head.
If this post is on the B&I forum, lighten up it's just money!

Disclaimer: I'm not that smart.
Charismatic Megafauna
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Or we follow the lower s/r on the spy weekly, finish today without fanfare then touch both 428.5ish (not open) and 465 next week
BaylorSpineGuy
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I cut my short position. Oh well. Risk was not looking good. Tricky market here at 4340 +/- 10.
Farmer @ Johnsongrass, TX
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Farmer @ Johnsongrass, TX said:

For T followers:

There's a gap up from this morning. Keep in mind. Starts at $19.64 and goes down to $19.59.
Above gap filled.

The gap at $18.85 down to $18.31. I don't think that one fills. Probably wrong. Albeit, not all gaps fill. Of course, if JPOWELL is talking today, anything to the downside is possible.
Farmer @ Johnsongrass, TX
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Next week CVX and XOM report earnings. If the market can manage to keep those two red next week I'd be stunned. XOM looking at a historic quarter likely.

Regards to the market, where does the Fed got this thing pinned at? Cem Karsen needs to spill a bean or two.
FTAG 2000
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Farmer @ Johnsongrass, TX said:

Next week CVX and XOM report earnings. If the market can manage to keep those two red next week I'd be stunned. XOM looking at a historic quarter likely.

Regards to the market, where does the Fed got this thing pinned at? Cem Karsen needs to spill a bean or two.
Got AAPL earnings next week too, that's looming large.
Brewmaster
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BaylorSpineGuy said:

I cut my short position. Oh well. Risk was not looking good. Tricky market here at 4340 +/- 10.
I entered a very small put position on loss of 4340. losing 4324 and this sucker can fall hard.

you would think power hour today we'd get a short squeeze back up, we shall see
McInnis 03
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BREwmaster said:

little pop may just be a bull trap
Nailed it.
Bob Knights Paper Hands
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FTAG 2000 said:

Farmer @ Johnsongrass, TX said:

Next week CVX and XOM report earnings. If the market can manage to keep those two red next week I'd be stunned. XOM looking at a historic quarter likely.

Regards to the market, where does the Fed got this thing pinned at? Cem Karsen needs to spill a bean or two.
Got AAPL earnings next week too, that's looming large.

AAPL and AMZN the day before XOM and CVX. I think oil price breakout up or down will determine if oil co stocks can prop up this market.
drred4
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AMZN earnings as well

BNL beat me too it, LOL
jefe95
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Geez. 600 down in the Dow

Well done J Pow. Well done.
BaylorSpineGuy
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Anyone short HCA yesterday? The 225P is up 2300% today. I did not trade it but wowzers. It opened up at 239 and has fallen to 229. There was a gap all the way to 217. Looks like that might fill and it does back to last summer.
Charismatic Megafauna
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AG
Charismatic Megafauna said:

Charismatic Megafauna said:

Pretty solid descending channel on spy hourly going back to 3/29. I just bought xsp puts

Darned if we aren't just about back to the bottom of this channel. $2 to go, unfortunately

Pretty darned close there...bounce?
Philip J Fry
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I really hate this market.
BrokeAssAggie
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adding some SPY $432 lottos down here. 0.75 entry
ProgN
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Farmer @ Johnsongrass, TX said:

ProgN said:

Where's Farmer this morning?

Didn't he say he has some land in central Texas?
You rang?
I heard something I think you'd like to know. You don't have a star so I can't DM you but if you have a generic email, then I'll email you.
cptthunder
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ProgN said:

Farmer @ Johnsongrass, TX said:

ProgN said:

Where's Farmer this morning?

Didn't he say he has some land in central Texas?
You rang?
I heard something I think you'd like to know. You don't have a star so I can't DM you but if you have a generic email, then I'll email you.
Generally where in Central TX is this interesting news if you dont mind me asking. Have family property south of Temple.
Farmer @ Johnsongrass, TX
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I earned the distinction of poorly timed entries and exits this week. What a cluster. Holding positions not taking losses.

Oil & Gas and Ag Commodities,....the fundamentals don't point downward today or next 30/60 days. Buddy of mine, farms southern KS at 15k acres, dropped the corn planters in the ground late Monday. The ground is still cold where I am and south of me. USDA will likely have a glorious planting progress report on next Monday. Bottom line, progress is slow....and it's a bit dry overall.
BrokeAssAggie
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See if VIX bounces off $26
Farmer @ Johnsongrass, TX
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Yes, please send. eMail = GMOFritos@gmail.com
cptthunder
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Farmer @ Johnsongrass, TX said:

I earned the distinction of poorly timed entries and exits this week. What a cluster. Holding positions not taking losses.

Oil & Gas and Ag Commodities,....the fundamentals don't point downward today or next 30/60 days. Buddy of mine, farms southern KS at 15k acres, dropped the corn planters in the ground late Monday. The ground is still cold where I am and south of me. USDA will likely have a glorious planting progress report on next Monday. Bottom line, progress is slow....and it's a bit dry overall.
Report from my parents from this past weekend is that corn in central texas is doing well but like you mentioned above a bit on the dry side


Farmer @ Johnsongrass, TX
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cptthunder said:

ProgN said:

Farmer @ Johnsongrass, TX said:

ProgN said:

Where's Farmer this morning?

Didn't he say he has some land in central Texas?
You rang?
I heard something I think you'd like to know. You don't have a star so I can't DM you but if you have a generic email, then I'll email you.
Generally where in Central TX is this interesting news if you dont mind me asking. Have family property south of Temple.
That's a hot corner of the planet for real estate.
ProgN
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Sent you an email
Farmer @ Johnsongrass, TX
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Nice pic! We're at 6 inches height right now.
ProgN
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cptthunder said:

ProgN said:

Farmer @ Johnsongrass, TX said:

ProgN said:

Where's Farmer this morning?

Didn't he say he has some land in central Texas?
You rang?
I heard something I think you'd like to know. You don't have a star so I can't DM you but if you have a generic email, then I'll email you.
Generally where in Central TX is this interesting news if you dont mind me asking. Have family property south of Temple.
If true, then yes, very interesting.
cptthunder
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Farmer @ Johnsongrass, TX said:

cptthunder said:

ProgN said:

Farmer @ Johnsongrass, TX said:

ProgN said:

Where's Farmer this morning?

Didn't he say he has some land in central Texas?
You rang?
I heard something I think you'd like to know. You don't have a star so I can't DM you but if you have a generic email, then I'll email you.
Generally where in Central TX is this interesting news if you dont mind me asking. Have family property south of Temple.
That's a hot corner of the planet for real estate.
About 20 miles S/SE of downtown as the crow flies
FTAG 2000
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I kind of want to sell AMD 87Ps for next week. But the macro sucks.

87's a huge support level, earnings coming up in two weeks.

Been wrong on so much this week feeling gun shy about this.
cptthunder
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ProgN said:

cptthunder said:

ProgN said:

Farmer @ Johnsongrass, TX said:

ProgN said:

Where's Farmer this morning?

Didn't he say he has some land in central Texas?
You rang?
I heard something I think you'd like to know. You don't have a star so I can't DM you but if you have a generic email, then I'll email you.
Generally where in Central TX is this interesting news if you dont mind me asking. Have family property south of Temple.
If true, then yes, very interesting.
If you dont mind sharing hit me up at
Thanks!
Wannabud
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AG
FTAG 2000 said:

I kind of want to sell AMD 87Ps for next week. But the macro sucks.

87's a huge support level, earnings coming up in two weeks.

Been wrong on so much this week feeling gun shy about this.
Looking at the same trade
ProgN
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sent
BrokeAssAggie
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BrokeAssAggie said:

adding some SPY $432 lottos down here. 0.75 entry
sold 70% to go net free. moving stop to $1
BaylorSpineGuy
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Looks like tweezer bottom at 430.
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