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La Bamba
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1:20p, 6/15/22
AG
So Fed expects 3.4 end of 2022, 3.8 in 2023, 3.4 in 2024 and the sub 3% in 2025.
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Brian Earl Spilner
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1:23p, 6/15/22
AG
The fact that it didn't even crater to today's open means it's gonna rocket from here.

Hold the line!
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J.P. 03
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1:39p, 6/15/22
AG
What in the world did he say at the press conference? Massive green candle just now.
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Brian Earl Spilner
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In reply to J.P. 03 • 1:40p, 6/15/22
AG
No idea but it went just low enough for my last buy order on UPRO to execute. Let's go!
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Brian Earl Spilner
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In reply to Brian Earl Spilner • 1:42p, 6/15/22
AG
Brian Earl Spilner said:
The fact that it didn't even crater to today's open means it's gonna rocket from here.

Hold the line!
Andthereitis.gif
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Carlo4
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1:44p, 6/15/22
AG


Today will be massive. Tomorrow will sell off massively right?
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South Platte
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In reply to La Bamba • 1:46p, 6/15/22
La Bamba said:
So Fed expects 3.4 end of 2022, 3.8 in 2023, 3.4 in 2024 and the sub 3% in 2025.
So the Fed is just going to will this into existence? Sounds like BS.
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Brian Earl Spilner
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In reply to Brian Earl Spilner • 1:47p, 6/15/22
AG
Brian Earl Spilner said:
La Bamba said:
Brian Earl Spilner said:
wanderer said:
Not saying you should or shouldn't have bought it, just keep in mind it's a 3x leveraged fund. It experiences leverage-induced decay (math) over time and typically 3x leveraged funds aren't a good long-term hold because of this.
Fully aware of decay, but still think it's a good buy right now.

If you're buying TQQQ right now you're crazy for anything other than a day trade or a swing trade off some technical support. Or you like losing money.
Quoting for posterity.
Weird, all my shares from this week are green right now. Does that mean I'm actually making money?
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Saltyag15
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In reply to Brian Earl Spilner • 1:48p, 6/15/22
AG
Don't get ahead of yourself. It's probably a mirage or something.
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EagleAg19
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In reply to Brian Earl Spilner • 1:48p, 6/15/22
Brian Earl Spilner said:
Brian Earl Spilner said:
La Bamba said:
Brian Earl Spilner said:
wanderer said:
Not saying you should or shouldn't have bought it, just keep in mind it's a 3x leveraged fund. It experiences leverage-induced decay (math) over time and typically 3x leveraged funds aren't a good long-term hold because of this.
Fully aware of decay, but still think it's a good buy right now.

If you're buying TQQQ right now you're crazy for anything other than a day trade or a swing trade off some technical support. Or you like losing money.
Quoting for posterity.
Weird, all my shares from this week are green right now. Does that mean I'm actually making money?
Spiking the ball off one candle is certainly an interesting approach.
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In reply to ProgN • 1:51p, 6/15/22
texagbeliever
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1:52p, 6/15/22
And free fall time.
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La Bamba
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In reply to Brian Earl Spilner • 1:53p, 6/15/22
AG
Brian Earl Spilner said:
Brian Earl Spilner said:
La Bamba said:
Brian Earl Spilner said:
wanderer said:
Not saying you should or shouldn't have bought it, just keep in mind it's a 3x leveraged fund. It experiences leverage-induced decay (math) over time and typically 3x leveraged funds aren't a good long-term hold because of this.
Fully aware of decay, but still think it's a good buy right now.

If you're buying TQQQ right now you're crazy for anything other than a day trade or a swing trade off some technical support. Or you like losing money.
Quoting for posterity.
Weird, all my shares from this week are green right now. Does that mean I'm actually making money?

You must struggle with reading comprehension. I said anything other than a day or swing trade off technical support. It's been 48 hours and your pounding your chest. That's called a swing trade. Just FYI.
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Brian Earl Spilner
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In reply to La Bamba • 1:54p, 6/15/22
AG
Not if I haven't sold.
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La Bamba
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In reply to Brian Earl Spilner • 1:55p, 6/15/22
AG
Brian Earl Spilner said:
Not if I haven't sold.

Then good luck with your call on calling the bottom. Me personally, I'm still short term focused and trading the market for what it gives. Still too much uncertainty. To each their own.
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Brian Earl Spilner
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In reply to La Bamba • 1:57p, 6/15/22
AG
Never called a bottom. I wasn't the one who pretended to be in the know and calling everyone else crazy.
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1:59p, 6/15/22
BenRev09
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1:59p, 6/15/22
AG
decision time, seems to be at model T from the big low to high moves
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sts7049
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In reply to Brian Earl Spilner • 2:01p, 6/15/22
AG
Brian Earl Spilner said:
Never called a bottom. I wasn't the one who pretended to be in the know and calling everyone else crazy.
you pretended as if your strategy was sound, but nevertheless congrats that your gamble worked so far
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Carlo4
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2:02p, 6/15/22
AG
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texagbeliever
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2:04p, 6/15/22
I'd guess premium eating chop to the end of the day. If volume spikes maybe options will be a good play again for me.
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Brian Earl Spilner
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In reply to sts7049 • 2:05p, 6/15/22
AG
sts7049 said:
Brian Earl Spilner said:
Never called a bottom. I wasn't the one who pretended to be in the know and calling everyone else crazy.
you pretended as if your strategy was sound, but nevertheless congrats that your gamble worked so far
Thanks. But fyi, we're all gambling.

And I haven't pretended any of my strategy isn't a risk. In fact I've pointed it out several times. What I said is I'm willing to take the risk to go long at the current levels.
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Brewmaster
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2:18p, 6/15/22
AG
need to lighten up the mood here...

rally chest:

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Saltyag15
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In reply to Brewmaster • 2:21p, 6/15/22
AG
Be careful! The baseball mods that killed rally boobs might be watching! Lol
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LMCane
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In reply to South Platte • 2:22p, 6/15/22
South Platte said:
La Bamba said:
So Fed expects 3.4 end of 2022, 3.8 in 2023, 3.4 in 2024 and the sub 3% in 2025.
So the Fed is just going to will this into existence? Sounds like BS.
considering earlier this year the Fed was stating economic growth would by 2% in the second quarter, then revised down to .9% and now revised to around 0%....

and that JPow stated just two weeks ago he wasn't considering a 75 basis point increase.

yeah, BS could be a good call here.
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krosch11
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In reply to Saltyag15 • 2:22p, 6/15/22
AG
nonsense, brew is simply demonstrating the choppiness of the market lately in breast form. up and down.
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Philip J Fry
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In reply to La Bamba • 2:24p, 6/15/22
AG
La Bamba said:
Brian Earl Spilner said:
Not if I haven't sold.

Then good luck with your call on calling the bottom. Me personally, I'm still short term focused and trading the market for what it gives. Still too much uncertainty. To each their own.


I think we are all doing that. My TA said to today could be the start of a bear market rally so I bought in. Don't expect UPRO to go to 70, but I'll start exiting in the 40s.
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Triple_Bagger
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2:27p, 6/15/22
Powells done with his speech. Let the algos digest everything and see where we go tomorrow.
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59 South
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2:31p, 6/15/22
AG
I just made my first long term buys in a long time (all bought at the model T 50% retrace from low to high after the rates nonsense moves):

TTD - 47.97
OSTK - 30.48
AMD - 89.83
SQ - 63.43
AMZN - 107.78
If this post is on the B&I forum, lighten up it's just money!

Disclaimer: I'm not that smart.
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ProgN
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In reply to Brewmaster • 2:31p, 6/15/22
BREwmaster said:
need to lighten up the mood here...

rally chest:

You better hope that whiner from premium isn't lurking this board. He created a thread requesting Looch ban everyone that posts rally boobs.

That thread did not go well for him.
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BrokeAssAggie
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In reply to Brewmaster • 2:32p, 6/15/22
To me, those boobs are perfect
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ProgN
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In reply to 59 South • 2:33p, 6/15/22
59 South said:
I just made my first long term buys in a long time (all bought at the model T 50% retrace from low to high after the rates nonsense moves):

TTD
OSTK
AMD
SQ
AMZN
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Philip J Fry
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2:34p, 6/15/22
AG
AMR rally.
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59 South
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In reply to ProgN • 2:36p, 6/15/22
AG
1st nibbles are the tastiest Prog

What is TTD going to be when I sell in 5 years?
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Brewmaster
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In reply to krosch11 • 2:39p, 6/15/22
AG
krosch11 said:
nonsense, brew is simply demonstrating the choppiness of the market lately in breast form. up and down.
yep, choppy, best to motor boat when choppy
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