I did a SPY 320 SPY put for Monday, using the logic if Washington DC burns down this weekend it will affect the market.
We shall see I guess.
Die SPY & Dow Die into close. I have 320 too
Record # shorts last night. Didn’t know that til last few hours. Margin calls this morning no doubt.
Ain’t nothin but a squeezeroo. Lol, the search for meaning (fundamentals) now and not 5 days ago. Games the game - ever so
If we get under 27,000 Dow I’m a gonna be the happiest guy in ‘Merica
Last edited by Sanlmar; 06-05-2020 at 11:55 AM.
Rofl I sold oas at 85 I am the world's possibly universes biggest fish
"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
No they won't.
Trump fucking lied about unemployment numbers.
Trump constantly lies about everything.
https://twitter.com/twt/status/1269130246881775616
I am more cynical than your average bear. I am carrying a short from Friday afternoon. However, I do not believe Trump & Kudlow’s crew massaged the numbers.
Click on and actually read the Washington Post link you offered.
If you are a stock gambler —- the market wanted to rinse out the record number of shorts as measured Thurs night. The resulting short squeeze would launch prices and give the opportunity for those who are long to sell at a beautiful price. This was going to happen anyway but the errant report was an unexpected gift.
This is like target marketing. “How can we hurt the greatest number of people?” The theory of Max Pain. Well, we had a record number of ducks in the field and we were gifted an errant unemployment report. They all flew into the air and were shot with a Gatling gun.
That’s not Trump conspiracy theory. That’s not improved fundamentals or similar nonsense. That’s just trading. Again, I love conspiracy theory. Proof? I’m deep into Hitler living in Columbia, South America in 1962. Deeply satisfying. I’m not a first level guy. Just enjoy the viciousness of trading for now. That should be enough entertainment.
I suspect if you were on Interactive Brokers or another reputable firm they called your margin first thing Friday morning before your shit got packed in.
Do I believe the unemployment numbers are even more inaccurate than just this issue? Yes, I do. I hold them in very nearly the same esteem as I do the corona numbers.
I do believe Verm is gonna bink.
What Does the Shocking Unemployment Report Really Mean?
https://www.theatlantic.com/ideas/ar...y-mean/612769/
The recession should last for years, many businesses will never return. Millions of new homeless on the streets. Tens of millions will remain unemployed. Real estate property values will plummet. Just wait until July, when second quarter revenue numbers are released. The stock market will crash again.“There is a suppression, and there is a recession.”
Are you getting tired of winning yet?
"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
Well, we are establishing our ranges and I can and work with this.
I still believe I’m right. Weren’t nothin but a squeezeroo.
The quest for fresh trash is gonna lead to an auto pump, Daly. We will see
Someone on tiktok told me to buy Carrier and another one told me Reality Income.
Also Nikola, but that's already out of the bag.
someone hacked honda this morning, every single honda factory is currently ransomeware'd.
"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
because the new hotness is buying the dip before the actual dip.
look at PPC for a case study.
"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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