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Thread: Sonatine's 401k is going to go donkdown

  1. #21
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    Quote Originally Posted by BetCheckBet View Post
    All analyses I've seen have showed very spurious correlations between Bitcoin and market indexes. Would be interested to see your proof.
    Check your portfolio balance if you want proof.

  2. #22
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by BetCheckBet View Post
    All analyses I've seen have showed very spurious correlations between Bitcoin and market indexes. Would be interested to see your proof.
    Hello darkness, my old friend.
    I’ve come to talk to you again.

    You’re the resident psychologist.

    It would be difficult to show the correlation because we haven’t seen public sentiment (risk appetite) as anything but fearless.

    People have long forgotten what pain feels like.

    The theory he promotes is that sentiment might be shifting and BTC is a leading indicator given that this is an extreme example of pure gamble. Ok, Ponzi scheme.

    Sentiment always shifts in all markets. It’s what makes capitalism great. That we started from such an extreme low (2008 threat of depression) allowed us to rally for sooooo long. We’ve forgotten pain.

    The public has an incredible ability to forget.

    I have been blessed with the unique trait that allows me to be miserable and negative in all markets and most
    social situations. It’s a gift but I also put in the effort.
    You are the smartest person on this forum. These young guys should be paying you for your posts.

  3. #23
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    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by BetCheckBet View Post
    All analyses I've seen have showed very spurious correlations between Bitcoin and market indexes. Would be interested to see your proof.
    Check your portfolio balance if you want proof.
    Bitcoin was created in early 2009, the exact bottom of the great stock market crash. Both have been soaring ever since. You know the saying, sell when everyone is greedy. Is there anything more greedy than people buying worthless coins? Maybe the folks who bought beanie babies which just happened to crash a few months before the dot com implosion.

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  5. #25
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    Puts on fire. Thank you stock market gods. BTC crashed and stocks followed.

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    Quote Originally Posted by snake_in_the_ass View Post
    Puts on fire. Thank you stock market gods. BTC crashed and stocks followed.
    They were both overheated, but I mean btc is down 65% from recent all-time highs and stock market is down what 5% from recent all time high? Would hardly call this a stock market crash at this point.

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    Quote Originally Posted by Sheesfaced View Post
    Quote Originally Posted by snake_in_the_ass View Post
    Puts on fire. Thank you stock market gods. BTC crashed and stocks followed.
    They were both overheated, but I mean btc is down 65% from recent all-time highs and stock market is down what 5% from recent all time high? Would hardly call this a stock market crash at this point.
    When you got puts, 5% drop in a few days feels like a crash.

     
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      Sheesfaced: No doubt that's true

  8. #28
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    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by Sheesfaced View Post

    They were both overheated, but I mean btc is down 65% from recent all-time highs and stock market is down what 5% from recent all time high? Would hardly call this a stock market crash at this point.
    When you got puts, 5% drop in a few days feels like a crash.
    For sure, especially if you bought them two weeks ago when there was little volatility up to that point and with a nearer term expiration. I miss trading options.

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    Name:  EX5n1wZ.gif
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    Taking some profits.

  10. #30
    Silver El Gallo's Avatar
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    What a bloodbath today. I hope we don't have another sharp spike down near close. The jobs report really fucked us.
    We pray for understanding as we all occasionally request back door action by accident, when we tried to call an electrician. It happens, it simply happens.

  11. #31
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by Sheesfaced View Post

    They were both overheated, but I mean btc is down 65% from recent all-time highs and stock market is down what 5% from recent all time high? Would hardly call this a stock market crash at this point.
    When you got puts, 5% drop in a few days feels like a crash.
    You can nick & scalp all year. Close cash every night. You don’t get rich but it’s a living.

    It’s days like these that you live for. You have cash to put in play and there is zero confusion about the direction.

    5% looks like they are giving money away. Yeah, it’s special

  12. #32
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    My year made in a week. Requires 2 pictures:

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Views: 298
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    Name:  kermit.gif
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  13. #33
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by snake_in_the_ass View Post
    My year made in a week. Requires 2 pictures:

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    I remember your call too. I was there with you. I was up last Tues night til 4am screening parabolic charts.

    Just too many to choose from. That was the only problem.

  14. #34
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by snake_in_the_ass View Post
    My year made in a week. Requires 2 pictures:

    Name:  EX5n1wZ.gif
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Size:  2.84 MB

    Name:  kermit.gif
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    I remember your call too. I was there with you. I was up last Tues night til 4am screening parabolic charts.

    Just too many to choose from. That was the only problem.
    Disgusting bounce. 90% in cash now. Thank you Sonatine. I won in crypto and in stocks. Suck it!

  15. #35
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by Sanlmar View Post

    I remember your call too. I was there with you. I was up last Tues night til 4am screening parabolic charts.

    Just too many to choose from. That was the only problem.
    Disgusting bounce. 90% in cash now. Thank you Sonatine. I won in crypto and in stocks. Suck it!
    It’s like the Cavaliers losing by 33. Now the ATM is too obvious.

  16. #36
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by snake_in_the_ass View Post

    Disgusting bounce. 90% in cash now. Thank you Sonatine. I won in crypto and in stocks. Suck it!
    It’s like the Cavaliers losing by 33. Now the ATM is too obvious.
    LOL. Probably have a nice rally to make people think everything is fine and then Kaboom later on. Oh well, it was a fun past few days. Time to gamble in crypto again.

  17. #37
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    Sonatine - you lost 10% of your 401k since I started this thread. Keep working for the man!

  18. #38
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by Sanlmar View Post

    I remember your call too. I was there with you. I was up last Tues night til 4am screening parabolic charts.

    Just too many to choose from. That was the only problem.
    Disgusting bounce. 90% in cash now. Thank you Sonatine. I won in crypto and in stocks. Suck it!
    You left the casino too soon. 100 more on the Nas

    No words

    You know I got an AMZN problem, right?

    Look at the 5 minute and put (pun) yourself in my shoes. I am having heart palpitations still.
    Last edited by Sanlmar; 02-05-2018 at 01:47 PM.

  19. #39
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    Fuck AMZN idiot... UVXY IS UP 150% AH

  20. #40
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Krypt View Post
    Fuck AMZN idiot... UVXY IS UP 150% AH
    It’s just a thing. Amongst a lot of others. Everyone has a stock that they can’t stop obsessing over.

    I have been taking some shots with puts. They haven’t worked out the last few days. But it’s my privilege.

    I got some alerts programmed and it lost its shit and I did too. Take a look. I missed most of it. AMZN is my kryptonite but I won’t quit.

     
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      snake_in_the_ass: didn't realize it but today was the biggest point (not percentage) in DOW history

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