Where are you two? I'm not fucking done with you yet
Joseph White
Reminder to watch rates, and follow news on the potential for people to refinance their mortgages after lending companies harass their customers to get a loan so they can offload it to the next guy.
Maybe maybe not. I expect the index to settle in to a range. Possibly a pretty broad multi percent range. Eventually. No range apparent yet so no way to confidently assert tomorrow's price action. If the range wants to have a higher top then green could be on the menu yet again.
I am not bearish right now, but I'd still carry PUTs with my riskier positions.
Dominic Peterson
You and I both know that I can't tell you that information as even OECD data shows a total as a percentage of disposable income (107%) but go fuck yourself for trying
Michael Rodriguez
>Mans got a smile like a toothpaste commercial true but i bet those are dentures
Austin Myers
Historically the Dow Jones have been higher after 2 weeks 81% of the times after rising 4.5% or more in one day
bears can't come back tomorrow. if it just alternates green, red, green, red, that would be way too easy. so they're going to throw in another green day to fuck up everybody who thinks they've figured this out. this is why the bears get slaughtered. then they come back on friday.
Gabriel Ward
>if the market goes up, then the market is going to go up
Great advice.
Ian Jones
I'm not saying you cant go long, short term is up probably as far as a 50-60% retracement of last week. Maybe more, but saying it won't crash is fucking retarded given all the economic and fiscal issues that have been forming since QE started after the Great Recession
Jason Martin
it's a market with a lot of unknowns, which is why we're getting whipsaw'd all over the place.
One bad enough day of news will crash it, might be tomorrow, might next week, might be two weeks from now. But given how the further spread of the virus is inevitable, the fear surrounding it and the impact "social distancing strategies" will have on the economy once implemented there's no way this is all we've seen of the crash.
I mostly want OPEC to do their traditional final hour decision in favor of production cut and short term propping up of the oil price to give me a brief swing in to the low 50's. At that point i'll take profit and wait in cash until the next thing. Maybe start nibbling some equities again if the cheapies get cheaper.
Easton Martinez
I've made mistakes
Evan Gray
If there's any indicator of what the market is doing right now, it would be seen in the VIX [which more or less, tracks the demand for options, whether it be put or call options].
The real winners right now are the people who bought options 2 weeks ago, and funds that were long volatility
Benjamin Davis
I really want a day of idiosyncrasies
Tired of everything being a fucking index move or heavily correlated. It's so fucking stupid.
Let's see person 2 person businesses drop 2% and remote less effected companies go up 2%
that would be more sensible
Eli Reed
This chop is fucking hard to trade and don't let any smug posting convince you otherwise.
I write what I'm going to do on a notepad every week and do my absolute best to follow it It helps to avoid FOMO traps and such
Ian Martin
would you believe me if i told you I was up 98% last week for multiple hours and figured i could squeeze a bit more if i waited?
i ended up losing all of that as well. i think im too worried about missing out on potential gains. i cant shake it.
Juan Phillips
>implying the virus is going to reach my area.
Thomas Edwards
Can we talk options? I want to learn more about spreads. Also maybe I'm not looking too hard or using the right terminology, but I'm thinking it should be possible to do something similar to an iron condor across time through calendar spread combinations - what is the correct terminology for this? Also I notice people typically refer to vertical and horizontal spread strategies- does anyone try anything diagonal? I would think some kind of diagonal spread (combo of vertical and horizontal) should exist which would allow even greater abuse of time decay for profit probability.
Isaac Rogers
I know the first three numbers
Dylan Powell
anyone have that meme where the dude that just bought and held was up 1% the same week?
I mean I know I've posted my address in here before.
Liam Baker
>would you believe me if i told you I was up 98% last week for multiple hours and figured i could squeeze a bit more if i waited? Of course. I've done the same thing before.
