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24,953,029 Views | 233717 Replies | Last: 22 min ago by DriftwoodAg
$30,000 Millionaire
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10:24a, 9/23/22
AG
You all are afraid. I'm buying.

Not huge but I think these will be tradeable.
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Spoony Love
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10:25a, 9/23/22
AG
If we stay down here, I might go for some lotto calls close to ITM after lunch. Something that will keep us red but still a small rally to end the day
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$30,000 Millionaire
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10:25a, 9/23/22
AG
Dem voters do not give a sh.it about the stock market. Don't give them that much credit. They're not the boogeymen.
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Spoony Love
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In reply to $30,000 Millionaire • 10:29a, 9/23/22
AG
The boogeyman is the WEF
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BlueTaze
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10:31a, 9/23/22
So if 3700 is tested, but not breached, several times does that make it stronger or weaker?
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Brewmaster
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10:34a, 9/23/22
AG
Powell speaks at 1pm central

chop in this tight range til then?
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irish pete ag06
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In reply to Brewmaster • 10:36a, 9/23/22
AG
That's likely the cause right.
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jimmo
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10:37a, 9/23/22
Gold leaps at 0.75
(22$ 1/24)
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Brewmaster
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In reply to irish pete ag06 • 10:37a, 9/23/22
AG
irish pete ag06 said:
That's likely the cause right.
probably so... and most oversold we've been since January. Lots of energy for a squeeze -- I'm paraphrasing Mancini.

edit: so much for that idea! dumping early
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topher06
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In reply to Brewmaster • 10:39a, 9/23/22
BREwmaster said:
Powell speaks at 1pm central

chop in this tight range til then?
What more does he have to **** on today?
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BlueTaze
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In reply to topher06 • 10:42a, 9/23/22
topher06 said:
BREwmaster said:
Powell speaks at 1pm central

chop in this tight range til then?
What more does he have to **** on today?


Per below, wonder how hawkish he will be with this audience....

Federal Reserve Chair Lael Brainard and Federal Reserve Board Governor Michelle Bowman will each moderate conversations with leaders from organizations that include non-profits, small businesses, manufacturing, supply chain management, the hospitality industry and the housing and education sectors at the event.
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PeekingDuck
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In reply to topher06 • 10:43a, 9/23/22
AG
Well, there's a lot of folks that still don't seem to understand how bad this will be. Maybe he's just trying to beat the world over the head a bit.
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Ag CPA
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11:03a, 9/23/22
AG
Maybe one day we can break these bad boys out again.

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irish pete ag06
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11:05a, 9/23/22
AG


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Brewmaster
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In reply to irish pete ag06 • 11:10a, 9/23/22
AG
I thought his answer was going to be "Because I bought puts!"

corrupt turds
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BaylorSpineGuy
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In reply to Brewmaster • 11:16a, 9/23/22
Forget the Fed PUT. They sold calls :-).
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SoTXAg09
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In reply to $30,000 Millionaire • 11:20a, 9/23/22
AG
$30,000 Millionaire said:
You all are afraid. I'm buying.

Not huge but I think these will be tradeable.

Time for VIX puts?
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AgOutsideAustin
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11:30a, 9/23/22
AG
Looking good to fire up the Yugo at the end of the day. Let's go.
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topher06
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11:30a, 9/23/22
The SPY chart since printing +0.1% inflation is brutal. The next inflation report will be good, at least, since everything possible is being done to crater oil prices and that should reduce the energy component significantly.

I say this in the middle of the next leg in the middle of the march downwards. Maybe Powell will realize he can't just perma-**** on the economy while trying to control the rampant inflation. Any indication that the Fed will be reasonable in its approach would be viewed as great news at this point.
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98PercenterAg
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11:57a, 9/23/22
AG
What's Powell going to say?
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Lake08
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12:05p, 9/23/22
Can we just stop playing around and capitulate??
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sts7049
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12:29p, 9/23/22
AG
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sts7049
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12:30p, 9/23/22
AG
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topher06
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In reply to sts7049 • 12:40p, 9/23/22
We are all just pawns
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Brian Earl Spilner
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12:47p, 9/23/22
AG
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BlueTaze
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12:53p, 9/23/22
One last test of 3700 then flush into weekend to remind everyone not to fight fed.
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Ragoo
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In reply to BlueTaze • 12:55p, 9/23/22
AG
My body is ready
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Brewmaster
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12:57p, 9/23/22
AG
my puts are ready, lol

362 would be great
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topher06
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1:14p, 9/23/22
Big dump there to establish new daily lows and approach 52 week low, glad the "Fed Listens".
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Philip J Fry
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1:23p, 9/23/22
AG
RSI is getting into the very oversold territory on the daily. I think I'm just going to HFDL and exit during the next "bounce".
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HoustonAg2014
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In reply to $30,000 Millionaire • 1:27p, 9/23/22
AG
$30,000 Millionaire said:
Everyone is too bearish and we are at -3 ATR.

I sold puts in CCL. Jan 7.5P for 0.88. That would be below Covid lows. I'm fine to take possession at 6.62.

I bought LUMN, a favorite of FJ and I. It pays a dividend and it's cheap.

I bought AMD at 68.


We have been hammering LUMN this week. As long as they don't cut the dividend, 12% is fantastic and good options premium.
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FJ43
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In reply to $30,000 Millionaire • 1:28p, 9/23/22
$30,000 Millionaire said:
Everyone is too bearish and we are at -3 ATR.

I sold puts in CCL. Jan 7.5P for 0.88. That would be below Covid lows. I'm fine to take possession at 6.62.

I bought LUMN, a favorite of FJ and I. It pays a dividend and it's cheap.

I bought AMD at 68.


I'm on LUMN with you. Shares.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

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FJ43
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1:33p, 9/23/22

I want to see a move to 362s on SPY and I'll lotto 370c for next Friday. Playing for a bounce if makes it there.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

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FJ43
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1:41p, 9/23/22

Time to drive trade. This is 100% 30k's fault. He knows what I mean.


Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

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98PercenterAg
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1:44p, 9/23/22
AG
CNBC all doom and gloom. You'd think we were headed for black Monday again
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