Love it oa. Thanks!
txaggie_08 said:
If yesterday was any indication, buy the dip. But what the hell do I know? (Not much)
boyz05 said:
Crazy dark pool block buy over 5mil shares in BIGC pre market.
Quote:
The producer price index rose 0.7% in January, higher than the 0.4% estimate.
Excluding food and energy, core PPI increased 0.5%, compared with expectations for a 0.3% increase.
In other economic data, jobless claims edged lower to 194,000, below the estimate for 200,000. Also, the Philadelphia Fed's manufacturing index plunged to -24.3, well below the -7.8 estimate.
Apparently this only applies when they are lowering rates.Quote:
Don't fight the fed.
What I've learned through public speaking is you get better every time you do it. You were already good on this one and you will only get better and more compelling. Great job.oldarmy1 said:
For business launch, this is something I'll be doing on key data days:Driving Update $SPX $SPY pic.twitter.com/R3x5v7dnaK
— Disciplined Trading (@oldarmy1) February 16, 2023
Agree.Boy Named Sue said:
XOM LFG baby
Brings a new meaning to cedar chop...per..and market related at the same time!YaketyYak said:
Has anyone ever seen Neil Sperry and OA in the same room before?
I know it won't mean squat to you all but quick update. As I'm not trading like most of you I get to folks on my few, meager holdings with ASO being the crown jewel so far.trip98 said:
ASO just incredible!!
havent posted in a LONG time. I learned a lot on this thread and as still a newbie I'm coming here to thank folks for sharing knowledge. Here's how you've helped me:
Lets just start by saying what is going on with the tear that ASO is on!!!!
From here I learned the idea of going net free and utilizing covered calls. So a couple years ago I bought into ASO at 21.75. since then sold CC's to lower my cost to $19. That's a win!!
I've been following the timing of calls to be before earnings as they've been crushing it each quarter.
Bought some calls back when dips and pocket profits....sell when it spikes....another win!!
Did that again a month or so ago for Feb 17 calls at $60 strike for $85
Unfortunately did NOT repeat lesson I learned and didn't buy back when it dropped to $40 a few weeks ago. And now it's on an absolutely rocket to the moon!!
It's at $62 now and there's still time for it to settle below $60 but for now I'm looking at getting called out. While that stings I can't call it a loss b/c getting $60 on $21.75 in just 2 years is a great return!!
And it offsets a bunch of losses I have so I'll leverage those to lower taxes...thanks XL and WWR!! But I have the rest of the year to see what WWR can do
Anyways...thanks to all for sharing....just to name a few....OA...$30k....irish....guy from TN (can't remember handle) that used to post in the mornings
we'll see how it goes between now and the 17th...if called out I'll pour some of that gain into a few net free shares!! and learning the pattern they've been on maybe try buy/sell some calls but will tread light as past results don't indicate future performance!!
I believe the poster "Brian Earl Spilner" is who you are looking for. He should be along soon...switzerland said:
You oil and gas guys need to tell me what is wrong with buying BOIL and just holding it for a few years if needed. At some point it will go up again...right?
If it doesn't you'll get handed a reverse split which will make your "cost basis" sky rocket and take a long time or potentially never recover from.switzerland said:
You oil and gas guys need to tell me what is wrong with buying BOIL and just holding it for a few years if needed. At some point it will go up again...right?
A few years from now, BOIL will have lost 95%+ from here.switzerland said:
You oil and gas guys need to tell me what is wrong with buying BOIL and just holding it for a few years if needed. At some point it will go up again...right?
You have some weird obsession with calling me out about BOIL.AgEng06 said:I believe the poster "Brian Earl Spilner" is who you are looking for. He should be along soon...switzerland said:
You oil and gas guys need to tell me what is wrong with buying BOIL and just holding it for a few years if needed. At some point it will go up again...right?
Just buy some LNG and wait until December.GreasenUSA said:A few years from now, BOIL will have lost 95%+ from here.switzerland said:
You oil and gas guys need to tell me what is wrong with buying BOIL and just holding it for a few years if needed. At some point it will go up again...right?
You will likely have success if you buy a non-leveraged NG instrument that isn't subject to decay, though.
I see this a lot, but splits/reverse splits don't actually affect your cost basis/risk. The share price gets adjusted at the same rate as your cost basis. There's the obvious risks of all leveraged ETS like decay, but I'm not seeing why a reverse split would affect that.irish pete ag06 said:If it doesn't you'll get handed a reverse split which will make your "cost basis" sky rocket and take a long time or potentially never recover from.switzerland said:
You oil and gas guys need to tell me what is wrong with buying BOIL and just holding it for a few years if needed. At some point it will go up again...right?