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#12391 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $1504127
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Posts: 129,238
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#12392 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $1024734
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Man, that Netflix chart is really something. That might be the biggest gap I’ve ever seen.
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Posts: 57,554
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#12393 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $1504127
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Going out on a limb a bit here but I think we have put in a short term bottom. Could very well be a bear market bounce. Resistance on the SPY is around $450ish.
Downtrend is fully intact mind you. |
Posts: 129,238
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#12394 |
I'll be back.
Join Date: Nov 2002
Casino cash: $3420478
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WHEN IT'S GRIM, BUY AMC
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Chiefs game films |
Posts: 284,762
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#12395 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Quote:
The bounce we get might only be short term and no where near getting back to all time highs. NASDAQ would need to gain 21% for that. |
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Posts: 46,016
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#12396 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Posts: 46,016
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#12397 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1481110
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BB looks like it's smoking crack.
$7.40 and another great Pump and Dump from MTG (MoneyToGarbage)
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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: 51,585
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#12398 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1481110
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Disney and Tilray fighting to get back to respectable 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: 51,585
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#12399 |
2 Legit 2 Colquitt
Join Date: Sep 2010
Casino cash: $3715754
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GOOGL with the 20:1 split. I'm really glad I didn't include it with my other stop losses a couple weeks ago.
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Posts: 4,743
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#12400 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $356198
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I'm under water on five trades I made selling puts. I ended up buying the stock on all five trades. Put out some call options on two of them today and I have another call that expires this month, and I don't see it getting to the strike price. My Nasdaq stocks have taken a hit as well as one would figure. The biggest part of my investments which are dividend generators are hanging in there but then my 401K has taken a pretty good hit as well. Oh the pain!
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[/SIGPIC] |
Posts: 15,307
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#12401 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Earnings season is taking a beating.
PYPL, FB and maybe AMZN tomorrow! |
Posts: 46,016
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#12402 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $1504127
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Facebook taking the market down hard this morning
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Posts: 129,238
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#12403 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Posts: 40,721
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#12404 |
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Join Date: Jan 2009
Casino cash: $1195743
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What do you guys think of ABNB?
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Posts: 64,061
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#12405 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Question: How long would it take to make 201 trades that avg a 3.5% return ?
There's tons of stocks that are volatile enough for a 3.5% return during the coarse of a week if not a day. For example TSLA just today opened at $897 .If you set a buy order at a 1% discount you could have picked it up at $888 and then set yourself up a standing sell order with a 3.5% swing at $919 and accomplished your goal. As of right now the TSLA high /Low today is $881-$932 Thats actually a 5.7% swing today. So my thinking is if you can make 201 trades and AVERAGE 3.5% assuming some will be less and some will be more , it will turn $1000 in to $1,000,000. This sounds too easy. What am I missing other than stocks don't always go up. LOL Could this be done in 3 years ? |
Posts: 40,721
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