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ProgN
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$30,000 Millionaire said:

Guys, I didn't go anywhere, I'm just not actively trading for a few months. I am literally trying to not sit in front of a computer all day so that I can travel, actually use my swimming pool, and just have less stress.

This is a high volatility time and I'm fine with missing it.

This is not a horrible place to add some longs for long term
When I say this please don't it the wrong way.

You're respected, trusted and will be missed while you unplug. I suspect that it's hard for you to unplug here because you really care for the wellbeing of people that follow this thread, new members especially. You've been through corrections and bear markets and don't want anyone to get hurt.

You've earned your stripes and we'll all be here when you return, you owe no one anything. Like I said, your opinions and input are valued but it will lose effectiveness if it becomes an obligation/work. Focus on you, your family and your reasons for this time off. That's what is the most important and honestly, when you come back, you'll be even better than you already are.

JMO from an outside observation. I wish the best for you and everyone in our clubhouse.
Bird Poo
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irish pete ag06
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ProgN said:

$30,000 Millionaire said:

Guys, I didn't go anywhere, I'm just not actively trading for a few months. I am literally trying to not sit in front of a computer all day so that I can travel, actually use my swimming pool, and just have less stress.

This is a high volatility time and I'm fine with missing it.

This is not a horrible place to add some longs for long term
When I say this please don't it the wrong way.

You're respected, trusted and will be missed while you unplug. I suspect that it's hard for you to unplug here because you really care for the wellbeing of people that follow this thread, new members especially. You've been through corrections and bear markets and don't want anyone to get hurt.

You've earned your stripes and we'll all be here when you return, you owe no one anything. Like I said, your opinions and input are valued but it will lose effectiveness if it becomes an obligation/work. Focus on you, your family and your reasons for this time off. That's what is the most important and honestly, when you come back, you'll be even better than you already are.

JMO from an outside observation. I wish the best for you and everyone in our clubhouse.


Well said ProgN!
E
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AG
You should take up golf… talk about one ass kicking to another
jimmo
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ProgN said:

$30,000 Millionaire said:

Guys, I didn't go anywhere, I'm just not actively trading for a few months. I am literally trying to not sit in front of a computer all day so that I can travel, actually use my swimming pool, and just have less stress.

This is a high volatility time and I'm fine with missing it.

This is not a horrible place to add some longs for long term
When I say this please don't it the wrong way.

You're respected, trusted and will be missed while you unplug. I suspect that it's hard for you to unplug here because you really care for the wellbeing of people that follow this thread, new members especially. You've been through corrections and bear markets and don't want anyone to get hurt.

You've earned your stripes and we'll all be here when you return, you owe no one anything. Like I said, your opinions and input are valued but it will lose effectiveness if it becomes an obligation/work. Focus on you, your family and your reasons for this time off. That's what is the most important and honestly, when you come back, you'll be even better than you already are.

JMO from an outside observation. I wish the best for you and everyone in our clubhouse.
Here Here
all the best 30K and thanks. enjoy yourself!
Red Pear Luke (BCS)
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Sponsor
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ProgN said:

$30,000 Millionaire said:

Guys, I didn't go anywhere, I'm just not actively trading for a few months. I am literally trying to not sit in front of a computer all day so that I can travel, actually use my swimming pool, and just have less stress.

This is a high volatility time and I'm fine with missing it.

This is not a horrible place to add some longs for long term
When I say this please don't it the wrong way.

You're respected, trusted and will be missed while you unplug. I suspect that it's hard for you to unplug here because you really care for the wellbeing of people that follow this thread, new members especially. You've been through corrections and bear markets and don't want anyone to get hurt.

You've earned your stripes and we'll all be here when you return, you owe no one anything. Like I said, your opinions and input are valued but it will lose effectiveness if it becomes an obligation/work. Focus on you, your family and your reasons for this time off. That's what is the most important and honestly, when you come back, you'll be even better than you already are.

JMO from an outside observation. I wish the best for you and everyone in our clubhouse.


Farmer @ Johnsongrass, TX
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https://www.marketwatch.com/story/russia-again-cuts-natural-gas-exports-to-european-countries-01655467251?mod=mw_latestnews

See below so you don't have to click.

Could be a cold winter.

Quote:

Associated Press

Russia again cuts natural gas exports to European countries
Published: June 17, 2022 at 8:00 a.m. ET

It marks the third day of significant reductions to the fuel that powers industry and generates electricity in Europe, which also have hit Germany and Austria

Russia reduced natural gas to Europe again Friday, including cutting flows by half to Italy and Slovakia and completely to France, as countries have worked to ease their dependence on Russian supplies amid the war in Ukraine.

It marks the third day of significant reductions to the fuel that powers industry and generates electricity in Europe, which also have hit Germany and Austria. It has further spiked already-high energy prices that are driving record inflation in the European Union.

Russia has blamed a technical problem for the cuts to the key Nord Stream 1 pipeline serving Germany and France, saying equipment being refurbished in Canada was stuck there because of Western sanctions.

Leaders in Germany and Italy called the reductions a political move, and it's escalated the energy tensions in Europe, following Russia's previous cutoff of natural gas to Poland, Bulgaria, Finland, the Netherlands and Denmark.

Ukrainian President Volodymyr Zelenskyy said Friday that the reductions are "blackmail (against) both individual countries and Europe as a whole."

Russia told Slovakia's state-controlled gas company SPP that it would reduce deliveries to the country by 50%, SPP director Richard Prokypcak told a conference in Bratislava. The reason for the reduction has not been made clear.

Russian state-owned energy giant Gazprom told Italian gas company Eni on the same day that it would supply only 50% of the amount of gas requested for Friday, reducing the flow to one of Europe's biggest importers of Russian gas for a third day.

Gazprom reduced by 15% Italy's requested delivery on Wednesday. The ANSA news agency reported the Russian company dropped it by 35% on Thursday. Italy gets 40% of its gas from Russia but has been working to find alternative sources in countries like Algeria.

And France is no longer receiving any natural gas from Russia. The French gas network operator GRTGaz said Russian supplies via Germany came to a halt Wednesday, after dropping by 60% over the first five months of the year.

The operator said Friday that despite the halt in Russian supplies, no disruptions to gas supplies are expected this summer, in part thanks to more shipments via Spain. France normally gets about 17% of its natural gas from Russia, but overall gas is a relatively small part of France's energy mix, at about 16%.

The cut in supplies to France was "a consequence of the already-known reduction" of gas supplies via the Nord Stream 1 pipeline, German Economy Ministry spokesman Stephan Gabriel Haufe said. He didn't have further details of specific reasons for the cut.

Russia has said Canadian sanctions prevented German partner Siemens Energy ENR, 0.03% from delivering equipment that had been sent there to be overhauled. The German government said maintenance shouldn't have been an issue until the fall and the Russian decision was meant sow uncertainty and push up prices.

"Both we and Germany and others maintain it's a lie, there's a political use of gas" by Russia, Italian Premier Mario Draghi said in Ukraine's capital, Kyiv, on Thursday.

In Slovakia, Prokypcak downplayed the impact of the cuts despite "facing a real risk (the supplies from Russia) will halt completely," the CTK news agency quoted him as saying.

In the previous days, the cuts reached 10% on Wednesday and 34% on Thursday. To diversify supplies, Slovakia has recently struck a deal with Norway to receive gas from the North Sea through Germany and also liquefied gas from other countries.

Economy Minister Richard Sulik said the new deals would reduce his country's dependence on Russian gas by 65%. Before the deals, Slovakia received 85% of its gas from Russia.

Slovakia has about one-third of the country's one-year consumption in its gas storages and was planning to have enough gas for the winter season stored by July 10.

Austrian oil and gas company OMV said Thursday that Gazprom had informed it of a reduction in supplies but didn't specify by how much.

The European Union is trying to reduce gas imports from Russia by two-thirds by the end of the year and has used imported liquid gas from the United States to start making up that gap. But an explosion and fire at a key U.S. export facility in Freeport, Texas, took one-fifth of the country's gas export capacity offline and underlined concerns about the fragility of Europe's gas supplies.

Short-term natural gas prices remained elevated Friday, at 126 euros per megawatt for month-ahead gas futures. That is up some 50% from Monday.

Gas prices had fallen with the end of the winter heating season, offering some relief to European utilities scrambling to refill underground storage to have enough to get through next winter.

I believe this is bullish news for crude, nat gas, gasoline, diesel, and anything O&G.
FJ43
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Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Red Red Wine
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Triple_Bagger
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Hey doc, good news from Jupiter Wellness (JUPW). Up 40% premarket.

https://finance.yahoo.com/news/jupiter-wellness-announces-retirement-approximately-124500648.html
Bob Knights Paper Hands
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I went in on just a couple TSLA 650C for next week. As long as TSLA, SPX, QQQ stay above opening price, I think we'll take out overnight TSLA highs. Oops just did while typing this.
Bob Knights Paper Hands
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I'm out already. Purchased for $27.41, sold for $31.
TecRecAg
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Kinda want to yolo a few 0DTE 360Ps

But I know I shouldn't
texagbeliever
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I took long calls for INN (july exp) & CWH (next week). Both looked oversold on RSI and at 52 week lows.
LMCane
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gougler08 said:

I also put about half the cash I've had on the sideline in today, AMZN, TGT, WYNN

This is for long term in the retirement account though
Very happy to hear that- as I have also been buying AMZN TGT and WYNN the last few months...

hopefully they turn around in the next two years and get back to ATH.
Spoony Love
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Funny, I was watching those as well. If I decide to jump in it will be a tight stop.
Carlo4
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https://www.marketwatch.com/story/based-on-history-the-next-bull-market-is-just-months-away-and-could-take-the-s-p-500-to-6000-says-bofa-11655475414?mod=mw_latestnews

Spoony Love
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TecRecAg said:

Kinda want to yolo a few 0DTE 360Ps

But I know I shouldn't
I think we missed our chance.

If it keeps dropping though, I will be looking at 0dte call near daily high.
FJ43
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Bought CIDM. Worth the risk to me. Make your own decision.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

TecRecAg
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Yep. Posted this at .20. Now at .70
sts7049
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J.P. 03
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Normally I'd say "look out below" if we lost yesterday's low here, but since today is a $3+ trillion OPEX day, we'll probably lose it, pull in one more round of Put buyers, then rip back above 3700 to put the cherry on top of a banner week for the MMs.

EDIT: And we lost it as I was typing this. Tread lightly out there, everyone.
BrokeAssAggie
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it's about to dump..
texagbeliever
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sts7049 said:


TOS was acting very odd with some TSLA options for me earlier.
BrokeAssAggie
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texagbeliever said:

sts7049 said:


TOS was acting very odd with some TSLA options for me earlier.
same for me on IBKR.
sts7049
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Spoony Love
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This was exactly the scenario I was looking for. Institution clearing out puts to then rip back to opening highs. I'm looking for some consolidating down here.
LMCane
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ryanhnc10 said:

gougler08 said:

I also put about half the cash I've had on the sideline in today, AMZN, TGT, WYNN

This is for long term in the retirement account though


Any specific case for WYNN vs some of the other casino stocks? Just curious as I have a few on my watch list
Analysts discussing how WYNN has huge exposure to the China gambling market in Macau

so once the ChiComs stop locking down the country that business will explode
TecRecAg
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1.16
Spoony Love
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Yeah, we missed a big play there but the early chop gave me concern. Still waiting on a little more consolidating down here.
TecRecAg
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Since WYNN was brought up - Thought I'd give you guys a good Friday story.

A guy in my Phoenix office was on the Wynn sports book looking at odds for the US open the other day. He saw one for Justin Thomas as outright winner at +8000. He immediately put $50 on it and moved on. A few hours later he gets a call from a Las Vegas number - It's the Wynn sports book. Their call was basically "We had a guy F up and add an extra 0. We have no idea how we didn't catch it. We can do 1 of 2 things, honor the bet and let it ride. Or we can cancel the bet and give you a 4 night stay in a suite at the Wynn."

Needless to say, he's going to Vegas soon.

The real kicker - His brother took the bet at the same time, got the same call, but decided to let it ride. He'll win just over $100K if JT wins. I think they might have a heck of a trip if JT pulls it off...
LMCane
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TecRecAg said:

Since WYNN was brought up - Thought I'd give you guys a good Friday story.

A guy in my Phoenix office was on the Wynn sports book looking at odds for the US open the other day. He saw one for Justin Thomas as outright winner at +8000. He immediately put $50 on it and moved on. A few hours later he gets a call from a Las Vegas number - It's the Wynn sports book. Their call was basically "We had a guy F up and add an extra 0. We have no idea how we didn't catch it. We can do 1 of 2 things, honor the bet and let it ride. Or we can cancel the bet and give you a 4 night stay in a suite at the Wynn."

Needless to say, he's going to Vegas soon.

The real kicker - His brother took the bet at the same time, got the same call, but decided to let it ride. He'll win just over $100K if JT wins. I think they might have a heck of a trip if JT pulls it off...
so is that bullish or bearish for WYNN stock?!
Ragoo
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TecRecAg said:

Since WYNN was brought up - Thought I'd give you guys a good Friday story.

A guy in my Phoenix office was on the Wynn sports book looking at odds for the US open the other day. He saw one for Justin Thomas as outright winner at +8000. He immediately put $50 on it and moved on. A few hours later he gets a call from a Las Vegas number - It's the Wynn sports book. Their call was basically "We had a guy F up and add an extra 0. We have no idea how we didn't catch it. We can do 1 of 2 things, honor the bet and let it ride. Or we can cancel the bet and give you a 4 night stay in a suite at the Wynn."

Needless to say, he's going to Vegas soon.

The real kicker - His brother took the bet at the same time, got the same call, but decided to let it ride. He'll win just over $100K if JT wins. I think they might have a heck of a trip if JT pulls it off...
thats badass

Wouldn't the $50 at +8000 be $4000 payout?
Bonfire1996
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TecRecAg said:

Since WYNN was brought up - Thought I'd give you guys a good Friday story.

A guy in my Phoenix office was on the Wynn sports book looking at odds for the US open the other day. He saw one for Justin Thomas as outright winner at +8000. He immediately put $50 on it and moved on. A few hours later he gets a call from a Las Vegas number - It's the Wynn sports book. Their call was basically "We had a guy F up and add an extra 0. We have no idea how we didn't catch it. We can do 1 of 2 things, honor the bet and let it ride. Or we can cancel the bet and give you a 4 night stay in a suite at the Wynn."

Needless to say, he's going to Vegas soon.

The real kicker - His brother took the bet at the same time, got the same call, but decided to let it ride. He'll win just over $100K if JT wins. I think they might have a heck of a trip if JT pulls it off...
Holy **** the opportunity to hedge and guarantee big money if JT is in the top 4 or so on Saturday night.

Tell him to get some cash together. He literally has the opportunity to guarantee himself 10,000+ profit of JT is in it Saturday night
TecRecAg
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For clarity, when I said brother took the "same bet" I mean he got it at +8000. But he put down $1,300.

Brother has a little more scratch
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