Page 135 of 144 FirstFirst ... 3585125131132133134135136137138139 ... LastLast
Results 2,681 to 2,700 of 2869

Thread: ELON MUSK IS GOD

  1. #2681
    Plutonium sonatine's Avatar
    Reputation
    7368
    Join Date
    Mar 2012
    Posts
    33,366
    Load Metric
    65628038
    zoom just got its dick shot off by like 6% in 10 minutes.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  2. #2682
    Master of Props Daly's Avatar
    Reputation
    2670
    Join Date
    Mar 2013
    Posts
    10,301
    Load Metric
    65628038
    Quote Originally Posted by sonatine View Post
    zoom just got its dick shot off by like 6% in 10 minutes.

    Jesus - clean off 12% and fading fast. Back to pre Rona levels

  3. #2683
    Master of Props Daly's Avatar
    Reputation
    2670
    Join Date
    Mar 2013
    Posts
    10,301
    Load Metric
    65628038
    Quote Originally Posted by verminaard View Post
    Quote Originally Posted by Daly View Post
    We living in a algo/chart market and I find this stuff very interesting. We are in a very very interesting point technically. We go higher than 2780 - which is 50% off the bottom, we go higher probably over 3000. We break below 2635 the bears are in charge and we could retest the lows.

    As I type this we closing around 2675. He hit close to 2760 earlier and it bounced right the fuck off that.

    Tomorrow is a very interesting day - if I’m the Fed I do whatever it takes to keep us above 2635 or so. Best bang for the buck would be to get the market $1 over 2780 and the computers will do the rest
    Whats your gut how it goes?

    So here is my revised gut feeling - And if I’m being honest it’s mostly based upon a conversation I had with a market wizard, following Adam Mancini on twitter and taking my reading/research on the overall market to the next level.

    We got one more solid crack at getting the S&P over ~2780 tomorrow. Keep in mind this is an “ish” number. 2765 might get it done or 2799 may not be enough. Point being we need to be able to point to the chart and see bullish breakout of the rising wedge pattern that has developed over the past week +. If we get over it’s happy days are here again - V shape recovery back to 3000 for the time being.

    That’s not the most likely scenerio but it’s in the cards. More importantly the fed knows it’s in the cards. Spending a few buckets of billions now to trick the market and the algos into thinking it’s a bull market all Over again will be a lot cheaper than constant intervention down the road.

    The historically more likely scenerio is a market reversal. A rising or falling wedge pattern is a reversal pattern. If the market tries and fails three times to get over in a rising wedge it almost always violently corrects downward. If we don’t go over and we trend lower it’s more or less a given we going to retest 2620ish and smash through it.

    If you have any interest in this at all tomorrow is the day you want to pay attention too.

    Full disclosure - I haven’t touched my main retirement funds for my wife or I. I never sold on the way down and kept it in on the way up. If the market bounces off 2780 tomorrow and starts to go lower I’m moving out of stocks and into whatever conservative options are available.

  4. #2684
    Plutonium sonatine's Avatar
    Reputation
    7368
    Join Date
    Mar 2012
    Posts
    33,366
    Load Metric
    65628038
    not that i consider this contrarian to what you posted but i see no real reason we cant break spy 300 and go on to test lows after.

    turning the DJI into a sock puppet is going to be a lot harder after the real estate market takes down the credit market and suddenly GE cant cash its paychecks.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  5. #2685
    Master of Props Daly's Avatar
    Reputation
    2670
    Join Date
    Mar 2013
    Posts
    10,301
    Load Metric
    65628038
    Quote Originally Posted by sonatine View Post
    not that i consider this contrarian to what you posted but i see no real reason we cant break spy 300 and go on to test lows after.

    turning the DJI into a sock puppet is going to be a lot harder after the real estate market takes down the credit market and suddenly GE cant cash its paychecks.

    Not saying it can’t. It’s a game of most likely outcomes

  6. #2686
    Diamond
    Reputation
    690
    Join Date
    Mar 2012
    Posts
    6,030
    Load Metric
    65628038
    Remember when you were a kid and you stood on those swings with the long metal chains and rocked them to get higher and higher and you got right to point before you would do a 360 and wrap around the pole...that's how it feels every morning when the market opens.

    Fuck, its the first thing I check in the AM before IG.


    I will be glad af when this subsides back to normal. Have I mentioned on the this forum already how much I need to get back to having a 19 yr old's hard throbbing cock in my butt?


    Just checking.

  7. #2687
    Plutonium sonatine's Avatar
    Reputation
    7368
    Join Date
    Mar 2012
    Posts
    33,366
    Load Metric
    65628038
    Quote Originally Posted by sonatine View Post
    meltup to spy 280 tomorrow followed by an absolutely heroic selloff before market close because no one point no one is going to want to let their options sit around for a 3 day weekend during a plague.

    Name:  Screen Shot 2020-04-09 at 11.19.38 AM.png
Views: 935
Size:  265.4 KB



    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  8. #2688
    Plutonium simpdog's Avatar
    Reputation
    1959
    Join Date
    May 2012
    Posts
    10,555
    Load Metric
    65628038
    Powell read this thread and is going to turn the printer on full blast from 2pm-4pm

     
    Comments
      
      Daly: This

  9. #2689
    Plutonium sonatine's Avatar
    Reputation
    7368
    Join Date
    Mar 2012
    Posts
    33,366
    Load Metric
    65628038
    Quote Originally Posted by simpdog View Post
    Powell read this thread and is going to turn the printer on full blast from 2pm-4pm

    hedging against bojo ending up on a respirator this weekend, doubtless
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  10. #2690
    Diamond Walter Sobchak's Avatar
    Reputation
    1243
    Join Date
    Aug 2012
    Location
    Bowling Alley
    Posts
    8,875
    Load Metric
    65628038
    Another 6.6M jobless claims, and the markets are up nearly 2%.


    SOBCHAK SECURITY 213-799-7798

    PRESIDENT JOSEPH R. BIDEN JR., THE GREAT AND POWERFUL

  11. #2691
    Plutonium sonatine's Avatar
    Reputation
    7368
    Join Date
    Mar 2012
    Posts
    33,366
    Load Metric
    65628038
    DEAL WITH IT LIBTARD, WE WON YOU LOST, #MAGA, #BRRRRRR

     
    Comments
      
      Daly: Lolz - deal with it
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  12. #2692
    Platinum
    Reputation
    631
    Join Date
    May 2012
    Posts
    4,892
    Load Metric
    65628038
    if you ever thought that there was an inkling of bullshit in 'don't fight the fed' these last few weeks should prove that this is one of those 100%ers...

  13. #2693
    Plutonium simpdog's Avatar
    Reputation
    1959
    Join Date
    May 2012
    Posts
    10,555
    Load Metric
    65628038
    It keeps punching 280 but gets knocked down.

  14. #2694
    Master of Props Daly's Avatar
    Reputation
    2670
    Join Date
    Mar 2013
    Posts
    10,301
    Load Metric
    65628038
    Quote Originally Posted by GambleBotsChafedPenis View Post
    if you ever thought that there was an inkling of bullshit in 'don't fight the fed' these last few weeks should prove that this is one of those 100%ers...

    The next two hours and 52 minutes are going to be legandardy. Fed going to keep the printing press going BIGTIME to keep this above 2810

  15. #2695
    Plutonium sonatine's Avatar
    Reputation
    7368
    Join Date
    Mar 2012
    Posts
    33,366
    Load Metric
    65628038
    i was pretty married to the selloff theory but the impending oil deal might be enough to get people to dump their short positions before the bell.


    so yeah not sure which direction this breaks but gotta assume its going to be 296 or 268 close, some shit like that.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  16. #2696
    Master of Props Daly's Avatar
    Reputation
    2670
    Join Date
    Mar 2013
    Posts
    10,301
    Load Metric
    65628038
    Quote Originally Posted by sonatine View Post
    i was pretty married to the selloff theory but the impending oil deal might be enough to get people to dump their short positions before the bell.


    so yeah not sure which direction this breaks but gotta assume its going to be 296 or 268 close, some shit like that.

    Go short - I dare you

  17. #2697
    Platinum
    Reputation
    336
    Join Date
    Mar 2012
    Posts
    4,694
    Load Metric
    65628038
    Quote Originally Posted by Daly View Post
    Quote Originally Posted by sonatine View Post
    i was pretty married to the selloff theory but the impending oil deal might be enough to get people to dump their short positions before the bell.


    so yeah not sure which direction this breaks but gotta assume its going to be 296 or 268 close, some shit like that.

    Go short - I dare you
    I bought a put at 280 a couple hours ago. Time for the free fall.

    If I lose I can rationalize that it is still way less than I probably would have lost sports betting/DFS the last couple months, so win-win.

  18. #2698
    Master of Props Daly's Avatar
    Reputation
    2670
    Join Date
    Mar 2013
    Posts
    10,301
    Load Metric
    65628038
    Uh-oh maybe not.....

  19. #2699
    Plutonium simpdog's Avatar
    Reputation
    1959
    Join Date
    May 2012
    Posts
    10,555
    Load Metric
    65628038
    Quote Originally Posted by Daly View Post
    Quote Originally Posted by sonatine View Post
    zoom just got its dick shot off by like 6% in 10 minutes.

    Jesus - clean off 12% and fading fast. Back to pre Rona levels
    US Senate, German government tell employees not to use Zoom
    The two organizations now join a list that also includes the Taiwanese government, the Australian government, SpaceX, Google, and New York state area schools.

  20. #2700
    Platinum
    Reputation
    336
    Join Date
    Mar 2012
    Posts
    4,694
    Load Metric
    65628038
    Just shot below 277 and still sinking. This is certainly getting interesting.

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)