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25,036,230 Views | 233814 Replies | Last: 1 min ago by EnronAg
topher06
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wanderer said:

Just did the quick mental math. It's less than 9yrs.
Nice! $30k, if you pass Musk in less than 9 years then can you pay a player to represent you or your screenname or whatever who Oklahoma thinks they should get so we can continue bathing in their tears?
Bob Knights Paper Hands
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wanderer said:

It's less than 9yrs.
$30,000 Millionaire
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AG
Bulls saved today from much worse. Let's see what happens tomorrow.
irish pete ag06
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AG
HOLY ****

DUDE THAT'S WILD
irish pete ag06
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AG
Where 30K lives





1 minute chart
$30,000 Millionaire
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AG
I'm actually kind of mad it didn't settle at 3641.7. That was the original closing cross.
wanderer
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Cause then at that rate it would only take you 2.44yrs to match Musk.
khkman22
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AG
So how does that work? They closed in the money, but you don't have to purchase shares, but can still clear the $.47/share?

What if the original closing cross was 3,640.47 (instead of 3,641.70), but ended up at 3,639.50 (instead of 3,640.47)? Same execution by the brokerage but you lose money?
Brewmaster
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AG
$30,000 Millionaire said:

Bulls saved today from much worse. Let's see what happens tomorrow.
New low though and another hook close, am I right? AAPL puts were flying all day. looks like when it capitulates we may finally get a bottom.
wanderer
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SPX is cash settled on it's expiration.

https://www.investopedia.com/terms/c/cash-settled-options.asp
irish pete ag06
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AG
Since the gap down.... we have a broadening formation...

Not sure what to do with this information other than tell you guys.

Ag CPA
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AG
Another red day probably coming thanks to Nike.
BaylorSpineGuy
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Imagine thinking 1 yr ago buying NKE at 100 would be a steal. I bet it goes to 50.
Charismatic Megafauna
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AG
WestTexAg12 said:

$30,000 Millionaire said:

If you ever follow Harry wangs trades, I would treat them as lottos and I would set a target exit at 100%

Agreed. He missed big on his ones this morning so far

Bob Knights Paper Hands
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Ag CPA said:

Another red day probably coming thanks to Nike.

Let's open below 3650 and I'm a happy camper.
BaylorSpineGuy
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I'm long with 3 363C expiring tomorrow and 2 355P expiring next Friday. So much consolidation in this range for nearly a week. End of month/quarter balancing and historically bearish week.

Trying not to be too biased.
$30,000 Millionaire
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AG
There will be quarter end dressing tomorrow. I'm assuming an up day most likely.
BaylorSpineGuy
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Does the JHEQX thing cause much effect? I think the 3580 is the long put?
$30,000 Millionaire
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AG
BaylorSpineGuy said:

Does the JHEQX thing cause much effect? I think the 3580 is the long put?
No idea.
FJ43
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$30,000 Millionaire said:

LUMN won't go out of business. Demand is too high for what they do. I bought more here at 7.45.

I'm trying to get FJ to talk me out of selling a lot of December 7P
I bought more of this today as well. Long hold and nice dividend.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Brewmaster
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AG
$30,000 Millionaire said:

There will be quarter end dressing tomorrow. I'm assuming an up day most likely.
end of the quarter rebalancing comes to an end, that's what you're referring to?
FJ43
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SPX….I think we need 3505 at least and 3330 even better.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

BaylorSpineGuy
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As Model T lovers, I like the 3500 range at least! Marks the Model T from COVID low to ATH.

OA comments on the flash that happens just beyond those retracements. Beyond that, it's just following trend, maybe 61.8% retracement?
FJ43
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BaylorSpineGuy said:

As Model T lovers, I like the 3500 range at least! Marks the Model T from COVID low to ATH.

OA comments on the flash that happens just beyond those retracements. Beyond that, it's just following trend, maybe 61.8% retracement?
Yep. SPX 3330 is a support level below that. Also decent pullback from the highs.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

lobwedgephil
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BaylorSpineGuy said:

Does the JHEQX thing cause much effect? I think the 3580 is the long put?
Mostly non issue unless we really puke, if we get down there say under 3600, dealers will have to start hedging that position more, so would accelerate things. That said, they sometimes roll it in the morning.
krosch11
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AG
I just read the "predict the MSU game score " thread and almost responded with "so is everyone bullish all of a sudden?"

I read this thread far too much
Golf1
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AG
Isn't BSG in Las Vegas? There has to be better things to be doing there than on texags asking financial advice!
BaylorSpineGuy
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At TAO, waiting for people to arrive. Ugh….
irish pete ag06
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AG
Heineken-Ashi
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irish pete ag06 said:




Could be true. But I take anything that touts market buy signal accuracy mostly during the greatest bull run in the history of the market with a grain of a salt.

To be fair, the recession was in that time period. But the time preceding it and immediately after it were ridiculously bullish. So any buy signals would have mostly been after oversold BULL market corrections.

We are not in a bull market. The corrections are upward. I would trust that model's sell signals in this market more than it's buy signals. Surprises should be expected in the direction of the trend.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
BlueTaze
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Interesting perspective. Pretty clear J Powell is projecting Volcker type action with tough talk about aggressive front end loading. I bet the Sept inflation report is gonna look good, not so sure about the Aug PCE report coming in this AM.



Bob Knights Paper Hands
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Morning Ags. We're a bit green this morning. ESU2 futures tagged 3700 this morning and were rejected, though they've found some support, at least for now, near the 5-sma 3665.

Asia most red. European indices were up over 1% but now back to just slightly green.

I still think we'll get a pin near 3700 or the 5 or 10-sma. That would take a decent little green day.
Charismatic Megafauna
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AG
Cpe was green then pulled back to down 2% premarket. If i can't find a good reason i may add some oct lottos this morning to go with my long nov and dec calls
Bob Knights Paper Hands
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We could have a fake out move and then market react either way to this when cash session starts.
$30,000 Millionaire
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AG
I'm surprised the reaction hasn't been worse to this.
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