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03-22-2020, 12:12 PM | #4186 | |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1646869
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Quote:
Don't. Hold. Leveraged. ETFs. Between. Sessions.
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Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
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Posts: 44,011
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03-22-2020, 04:28 PM | #4187 |
...
Join Date: Nov 2001
Casino cash: $402500
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Dow Futures tank out of the gate. Maybe it's just a coincidence but these things seem to tank just about every other day during the national press briefing. Might hit another circuit breaker tomorrow. Part of it is not coming together on the stimulus.
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Posts: 55,738
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03-22-2020, 04:28 PM | #4188 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1646869
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They'll blow through two breakers tomorrow.
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Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
Posts: 44,011
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03-22-2020, 04:28 PM | #4189 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $198468
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Pretty much instant 5% down.
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Posts: 6,305
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03-22-2020, 04:34 PM | #4190 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $321900
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Quote:
I buy SPY on the huge down days and sell mid-late week on up days. It’s my only current strategy along with SDOW day trading on occasion. |
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Posts: 46,095
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03-22-2020, 04:35 PM | #4191 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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-900 seems like a good day.
And no, it's not a coincidence. |
Posts: 53,803
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03-22-2020, 04:49 PM | #4192 |
Andy Reid Supporter
Join Date: Apr 2012
Casino cash: $659611
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I know this is against liberty and all, but would it really be a bad thing to just shut down the exchange and all trading for the foreseeable future?
I really think there is a decent chance that this lowers the Dow below 10,000
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Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley |
Posts: 47,900
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03-22-2020, 05:28 PM | #4193 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $321900
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Quote:
I’m not rooting for market decline but I’ll gladly average down in my 401k for money I’m not touching for another 30 years. |
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Posts: 46,095
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03-22-2020, 07:20 PM | #4194 |
Mahomes or GTFO
Join Date: Feb 2012
Location: KC
Casino cash: $4914282
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Futures are limit down.
Like I’ve said for the past few weeks, buy your puts a few mins before close on Friday, cash out at open on Monday. If stimulus package passes on Monday, but calls to sell on Wednesday, puts for Thursday (unemployment numbers out). I bought 10 SPY puts at peak green on Friday when premiums were cheap - should double or even triple my money tomorrow. It’s sad, but it’s easy money right now.
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Posts: 13,231
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03-22-2020, 10:24 PM | #4195 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1161110
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I bought a lot of these in my life thinking I found the bottom only to realize I am not as smart as I think.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,239
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03-23-2020, 06:29 AM | #4196 |
Mahomes or GTFO
Join Date: Feb 2012
Location: KC
Casino cash: $4914282
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Welp, Fed just announced unlimited QE.
So that’ll ruin my morning.
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Posts: 13,231
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03-23-2020, 11:19 AM | #4197 |
I'll be back.
Join Date: Nov 2002
Casino cash: $3100478
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RTTR just jumped 43%
Might be something to watch.
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Chiefs game films |
Posts: 286,557
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03-23-2020, 01:36 PM | #4198 |
I'll be back.
Join Date: Nov 2002
Casino cash: $3100478
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70% now
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Chiefs game films |
Posts: 286,557
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03-23-2020, 01:45 PM | #4199 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1161110
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If anyone has a list of stocks or limit orders to BUY stocks in this market, your best best is to sell NAKED PUTS on that stock instead and collect the huge overpriced premiums due to the volatility.
I'm seeing option prices 5-15x overpriced. If you like DISNEY as an example, the stock is around $84.75 right now. The $80 strike price put for expiration this Friday is $2.75. So you would collect $2.75 or $275 for 1 PUT and if Disney drops enough your net cost would be $80-$2.75 or $77.75 That's $7 less than today and a big move needed from these low levels.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,239
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03-23-2020, 02:03 PM | #4200 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1646869
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Someone just bought 9 Million shares of Ford.
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Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
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