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If we open under (R1) 321.49 and can’t get above it today then perhaps it may warrant a test of (P) 314.54... gonna be watching this for the am.. if we get above the (R1) then will be reverting back to original plan.. we shall see gla spy
Hmm.. this would be an interesting area to open... if we stay here till then... gla spy
I’m watching this also..! I have a $cpc chart I run and a $nymo chart as well... $cpc is looking for a pullback...! $nymo... looking for a pullback but.... also looking like the uppage is steady runnin..! But.. again.... it’s in its upper values..! Seen this song and dance before... glty ok..! Now last post..! Lol spy
Ok so last post for tonight... maybe... it’s getting late where I’m from but I’d just like to add here... Reviewing the charts I could argue both sides here... with the chart running so hot it’s bound for a pullback... but given the circumstances the chart running so hot may only get hotter..! Ask yourself what does a fire do..!?! But feed on itself..! The pullback is coming... I personally can’t tell you when for sure... spy
I’m not an EW guy I’ve only skimmed over the process... but kudos to you and those that chart this way... that being said... that last part about the roaring 20s it’s hard to say for sure... of course if ones (NN) been using the forecast for ages then perhaps one could rely on the idea more... but right now where it was pointed it called for a pull back on today’s close..? So then perhaps the forecast is skewed atm..? Idk maybe there’s somebody out there that can extrapolate on the idea..?
Quite frankly I think commodities markets should not allow algo trading...! And equity markets need to be able to feel the pain when necessary... it’s the only way to truly discover price imo... and if it falls right out da bottom well it is what it is... I understand... spy
I can get behind that... spy
#FreeOurMarkets.. spy
Saweet..! I’ll take it..! Spy
Reviewing the hourly.. spy closed above (R1) 321.49... bounced strongly at closed... indicating another gap up and looks poised for it... will we get it...? maybe... but it looks probable... next target at this point will be (R2) 325.79... we shall see... gla spy
Hello... ello... elllo... ? Land
Slowly and surely climb the hill..! One could prob trade a decent core position around the way this thing movements intraday... Gla Grwg
Nice day today from the looks of it..! Keep them coming..! Mj
The iHub Vxx chart looks like the iHub spy chart.. lol... haven’t gotten around to the clearance thing yet... but I appreciate the help..! Although at work and on an out of town mission today... I sold the 319c this morning and got rid of the 317p around lunch for pennies of what I bought it for..! Scary..! Lol.. Did turn around and picked up spy 324c 321p for weds around 2ish this afternoon... a bigger range then I like but given the circumstances I’ll take it... and still holdin Vxx 33c from last week... interesting to see the Vxx getting all funky at the same time spy getting funky.!!! Lol hmm.. gla spy
Eh no problemo... not too concerned anyways... glty spy
For sure...! I’m with it...! Looking forward to exponentializing (<~~~apparently not a word?) my options trading by reducing clearance... however I’d like to keep my ability to sell options open... so I will have to ask for clearance in on of the other accounts..? Lower clearance... to gain this cash account trading..? Just asking... tia spy
I understand...! Just trying to figure it out..! Legit been trying to figure out our for a long time... don’t care if you believe me...! Don’t care if you reply... deuces... Glty spy
Thanks farooq..! Appreciate the help..! Glty spy
Of course..! D head..! That’s the point..! I’m not privileged... GD... anyhow..! I looked into it and the only thing helpful anyone had to say is maybe you’re options clearance level requires margin..! So I will reduce my clearance level thanks... d bags...! Gla spy
I agree..! But they will not..! I’ve talked with several idiots from several brokerages..!!! I’ve lost accounts... I’ve been bought into accounts... I initiate new ones..! I’ve talked with a lot of people and I’ve trade a lot of brokerages and one of them automatically let me trade a cash account with no PDT warnings... they all agree that that’s the case... but I guess I’ve just been privileged with a margin account everywhere I go...?? I mean I’ve asked about it everywhere I go... not only that but I trade more then they let me and I’ve been reprimanded for such... idk what im missing... 90 days sux anywhere you go..! Gl spy
Ok... well I’ll call again and tell them that... becuz I have told them that before and they refuse the let me trade like I’ve said....! I get the warnings all the time...! I don’t use robbinhood... but if there’s a better brokerage out there that’ll let me do what I’m wanting to do with less restriction I’m all ears...! Seriously looking for the words to say here... I’ve heard it every way but Wednesday...!! Tia Glty Spy
Margin is stoopid unless you’re an Uber 1%... if not then if you can’t afford it don’t buy it..!!! So that being said I’ve called and called again saying no I have a cash account I can trade all I want as long as I have the cash...!!! And they say no..! If you trade more 4 or more times in your account the to it F’d... don’t know if I gotta strong arm these F’ers into letting me trade like I’ve read...! Or what... I’ve talk with several brokerages and I don’t know for the life of me what in da F I’m missing... help..! I need help...! Lol... anyways.. just playing and having fun... glta spy
I have more then one... I have a futures account.. a cash account.. and an investment account.. both of which (investment/cash) I get PDT warnings on... I don’t want to pony up the 25,000 margin so I daytrade futures... and holding/swing trade options... and of course hold Longs (stock) in the other... I’ve been trying to get around the PDT for ages.. tia spy
I got bought in how bout that... spy I have cash I trade with my cash.. nothing else... unless futures... and if I trade more then 4 times I’m Fd... Tia... spy
Mainly E*Trade... I got grandfathered in... spy
Ok... so I have cash in my account... I don’t have margin... I get pdt warnings all the time... how do I change that...?!?? Tia... I’m stoopid... gl spy
I’ll be watching..!!! Lol... sounds fun... gl spy
I’m investing in MJ now... and holding... don’t give a crap about WEED... looking to trade around a core position in MJ... this sector is good... individuals are risky imo... there are a few good ones..! But this will adjust and readjust as needed... I just need the timeframe to wait and let it do the work for me...!! Well mostly... and hopefully..!! Lol anyways... Glty MJ
Thats cool...! and yes the markets do rob everybody..! As to the reasoning behind the synchronization I’m not so sure.. and I can’t say for sure... it’s all up to debate..! Glty spy
I’ve been watching this stock since early this year... I don’t know if anyone here has the need for their stores products... but I do and that’s what attracted me to this company... I have two stores in my area and I have been in both of them... they do very well on offering everything one would need in this area.. they are in a growing industry and have put themselves in a great position to lead here... the only concern of mine atm is how they use/preserve capital going forward... I am watching to see how they spread themselves out and hopefully they are wise and don’t spread too thin... gla Grwg
You’d figure this board would get more traffic... lol beaten down MJ sector will recover in time.. it will be rocky but now is the time to “WEED” out the losers from the winners...! See what I did there..! Lol gla MJ
Good morning all..! Very excited about this company..! Gla Grwg...
Lol.. just for the sake of convo is all... and putting in my .02.. I’ve fought this market for so long that it does seem to become embodied at some point... but what is the foundation of market but fear and greed based off of human emotion..! Well at least at one point it was... and you could say that the algos are programmed based off human emotion.. but i don’t think it 100% works that way...! Gl spy
Does it really matter if da boyz exist or not..? Just trade what’s in front of you...!!! Lol... but while we are here... I do know that the powers that be in all nations want to preserve their markets like they preserve their sovereignty..! So when it comes to covering up and juicing (both ways) through news at proper timing... or what not... it leads one to believe that’s its prob not da boyz Fng every body but just the fact that when markets go down it makes ya look bad... so they would like to preserve price levels and movement in a general direction... as much as possible...! it becomes diabolical when market makers control the actually timing of sales of securities... I believe this is where it gets tricky... when the MM’s under watch of “Government” oversight.... lol... control the timing of the sales then I think this is where “da boyz” come in... imo for the sake of convo what if I were to take the order and execute it like normal but maybe I (purchase/sell) that security and at that time i hold it for adjustment later... and perhaps put it into the closing settlements of 401ks and other funds...... or maybe hold it for back stock...!!! could a group of major MMs be able to potentially control the movement of the market through this manner and if so indefinitely..? Idk spy
Looks like for Monday (R1) 321.52 is my first target... next target would be (R2) 325.82... downside being (P) 314.56... either way I’m looking forward to it..! Gla spy
I see pretty much the same thing about feeling the Put pain in da morning... then maybe feeling a bit better about it by close... imo I’m looking for another extension on this move... but granted the weekend has been known to give pause at times... however.. with the close of the hourly chart and it’s bouncing off the 8 sma... with an increasing slope would be a very beautifully painted bull trap if it does indeed become one... glty spy
Spy bounce pretty much exactly where you’d like to see on the 1 HR and that being said may extend more sharply at this point... volume is rising and showing that playrs are entering/exiting the market... just depending on which one is doing more... price is evident of it... but the close was less spectacular and imo left much to be desired...! Lol... we shall see... holding everything until Monday..! Have a good weekend all... spy
Lol... I wish I could because I’m in the same boat as you...! There’s is probably only one person that can explain it... I’m a simple options trader only buying options... his strategy involves selling options... something I don’t do... one of these days maybe... and it’s super profitable when utilized properly... I just don’t want to sell uncovered options... and because of that I’d only sell options off stock I own... and I don’t own any spy... and don’t plan on it... spy
Heck I’d take 300.!!! Lol I’d also take 328...!!! Whichever they want to do...! Just hope they don’t do nothing at all... lol spy
Lol... just da one..!! And as far as that goes I used to hang out here a while back but haven’t been hanging around in awhile... decided I’d stop back through is all... Spy