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Thread: ELON TUSK IS GOD

  1. #821
    Plutonium sonatine's Avatar
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    Dr. Rick Bright, the ousted director of a key federal office charged with developing medical countermeasures, will testify before Congress on Thursday that the Trump administration was unprepared for the coronavirus pandemic and warn that the the US will face "unprecedented illness and fatalities" without additional preparations.


    bullish imo
    "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. #822
    Master of Props Daly's Avatar
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    Quote Originally Posted by Daly View Post
    Invisible hand of the fed trade is on.

    Gambling the Fed makes the 2840 S&P resistance point hold and pushes us up past the quickly sinking 200 day moving average at mid 2900’s and onto 3000.

    Few hundred billion takes us over 200 day MA and takes out the market sub 2600 for a long time barring another full on crash.

    Makes too much sense.
    And my dick got blown off.

    ~2820 is the floor here. We blow through that to the downside and we going to get that correction we have been waiting for.

  3. #823
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Daly View Post
    Invisible hand of the fed trade is on.

    Gambling the Fed makes the 2840 S&P resistance point hold and pushes us up past the quickly sinking 200 day moving average at mid 2900’s and onto 3000.

    Few hundred billion takes us over 200 day MA and takes out the market sub 2600 for a long time barring another full on crash.

    Makes too much sense.
    And my dick got blown off.

    ~2820 is the floor here. We blow through that to the downside and we going to get that correction we have been waiting for.

    thug life
    "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

  4. #824
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    Quick newb question about the mechanics of straddles

    I assume when you buy a straddle it operates as 2 independent options (one call and one put) and you can choose to exercise the options (or not) independently at any time up until expiration?

  5. #825
    Plutonium sonatine's Avatar
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    Quote Originally Posted by verminaard View Post
    Quick newb question about the mechanics of straddles

    I assume when you buy a straddle it operates as 2 independent options (one call and one put) and you can choose to exercise the options (or not) independently at any time up until expiration?

    this is a really good question and ive wondered the same myself. i place my straddles/strangles as two unique plays for the simple reason that i see no good reason to execute a contract on an option worth 2% of its original value when its got time left to rebound.

    that said i can see it being useful to have it stay a single transaction for PDT reasons but im not even sure it would under the circumstances you describe.
    "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

  6. #826
    Plutonium simpdog's Avatar
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    Powell TKO'd the market a bit today.

    Is he on team bear market now? Or is he going to rev up the printers?

  7. #827
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    Name:  EX5bSbRXYAI4Ej1.gif
Views: 1031
Size:  5.02 MB
    "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. #828
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    Tine, how long we hodl CLX for?

  9. #829
    Plutonium sonatine's Avatar
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    the only reason to get off clx's dick right now would be if you felt you had a read on something better than it elsewhere. pending macro trends drinking its milkshake it looks like its probably going to keep on keeping on pretty much indefinitely.

    plus they just signed a contract to supply goods for uber drivers, ubers closing with grubhub possibly, so yeah lotta good vibes plus im not seeing any negative holistic shit anywhere on my radar.
    "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. #830
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Daly View Post
    Invisible hand of the fed trade is on.
    What’s gotta concern your kind is that on a big down day bonds couldn’t catch a bid. What that tells you is that .gov is the only player.

    That’s a little creepy even for me.

    We failed on volume up a long time ago and now we have expansion of volume down.

    The NDX tried to run this morning and got sold into. Was that Norway again?
    Last edited by Sanlmar; 05-13-2020 at 01:22 PM.

  11. #831
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    Quote Originally Posted by sonatine View Post
    the only reason to get off clx's dick right now would be if you felt you had a read on something better than it elsewhere. pending macro trends drinking its milkshake it looks like its probably going to keep on keeping on pretty much indefinitely.

    plus they just signed a contract to supply goods for uber drivers, ubers closing with grubhub possibly, so yeah lotta good vibes plus im not seeing any negative holistic shit anywhere on my radar.
    Understood. was thinking exact same way. Thinking of dollar cost averaging Costco since its been shitting the bed recently and earnings is EOM and I have to assume they gonna have a good report but might just add to CLX instead.

  12. #832
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by simpdog View Post
    Powell TKO'd the market a bit today.

    Is he on team bear market now? Or is he going to rev up the printers?
    Oh, more is coming and more after that. It’s just a question of how much.

    Trump crying about shorts is such blatant campaigning to his dopey populist core. Bad bad 1%’ers.

    It’s patronizing and shallow.

  13. #833
    Master of Props Daly's Avatar
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Daly View Post
    Invisible hand of the fed trade is on.

    Gambling the Fed makes the 2840 S&P resistance point hold and pushes us up past the quickly sinking 200 day moving average at mid 2900’s and onto 3000.

    Few hundred billion takes us over 200 day MA and takes out the market sub 2600 for a long time barring another full on crash.

    Makes too much sense.
    And my dick got blown off.

    ~2820 is the floor here. We blow through that to the downside and we going to get that correction we have been waiting for.
    2820 you say?

  14. #834
    Plutonium simpdog's Avatar
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    As JCPenney struggles with missed debt payments and prepares for a possible bankruptcy filing, it approved bonuses of $1 million or more to its top four executives.

    I mean why not the ship is going down and the government will give you millions.

  15. #835
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    Got in on TVIX @ 224. Please dont fuck me.

  16. #836
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    Yessss... 237 and climbing... lets go....

  17. #837
    Plutonium sonatine's Avatar
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    "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

  18. #838
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    Quote Originally Posted by OSA View Post
    Yessss... 237 and climbing... lets go....
    Out at 237. Nice morning profit.

  19. #839
    Plutonium simpdog's Avatar
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    10:05pm Eastern. Printers started.

  20. #840
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    Quote Originally Posted by simpdog View Post
    10:05pm Eastern. Printers started.

    makes sense, its literally 5m after rick bright started talking sense to congress re covid.
    "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

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