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I took a .23 profit on my put....was more there but I'm out....Im out till sanity comes back. I'm done trading for the year.
There is nothing that is negative or positive to trade on. It is the magnificent 7. You can't fight them. They are making it so you can own a thing. Everything is borrowed or subscribed to. My industry is the same and they have priced it to where the margins are thin for me but large for them. John Deere, Case, Cat....I've made enough to walk away for the year. Clearly I have no idea how to trade long. Walmart says retail is down and getting worse. Buy stocks. I don't buy bloated stocks and I will not be a part of their mass dilutions. We all know it's coming. But not till election season is over. Peace out and happy trading. Live long and prosper.
Are we out of bad news or good news????
bought 449 puts .50....
FWIW...my average price for Diesel:
August $4.14 3663 gallons
September $4.22 4152 gallons
October $4.19 5272 gallons
November $4.12. 1876 gallons
Somebody's lying
5.5% on a million in 2023 is 55,000
10% on 250k in 1981 is 25,000
Might not have to go that high.
Larger capital now than then creates a different animal but I do get your point.
You are right. The market has an agenda whether I want to admit it or not. It now depends on whether our government wants to be fiscally responsible or continue to spend like drunken sailors. I've traded your way recently begrudgingly. Good luck going forward...waters are murky.
on a Friday....hmmm...coincidence....lol....the whole thing has me on my hands being patient.
Truly, there is no other explanation. Credit card debt and defaults at all time highs. Highest ever boarder crossings costing tax payers billions, trade deficit climbing. Downgrades everywhere..... Red Flags everywhere yet Trendtrade is correct....The market has an agenda and it will ruin us all.
We are in a death spiral and trying to put bandaids on to stop a bleeding heart. This will implode without a doubt but until the treasury doesn't get someone to buy the debts we will tread water. It will blow up. I'm perplexed it has lasted this long right now.
Hard to reject with apple on deck....Not sure who can afford their stuff but the books will look good.
Turned into s snooze fest....maybe tomorrow
going to go in for a scalp
Absolutely agree.
Unequivocally 2% inflation.....Thats the facts.
just took my profit on the short....looking for a double dipper. we shall see
Building a base? or up against resistance???? I like the short here.
There will be no recovery. This is toast. Good luck finding a bottom.
This thing is just ugly
I waited till the big spike cause these donkeys have to make it interesting.
dow 500pt swing in 2 hours...Impressive. keep going!
Impressive....forced but Impressive to say the least.
the rally is gassing out. Buyers losing interest.
200 end of story...then you can hope for your bounce.
The infinite can that never gets stopped kicking. Just pay your taxes. There is no need for a budget or oversight.
Absolutely bang-up day....
This is to funny. Going red!
lol... Look out below
Sometimes you have to double down.
The big one is coming....not exactly sure when...
Shorting on the open again. This time it won't come back. The target is the 200 but it looks like more negative economic disasters are surfacing and politics are becoming uncomfortable it looks like the 200 won't hold and the House of cards mat be falling. Good luck I'll be watching.
What your saying is true...We should have better buying power and yet we don't. We flooded the world with dollars and then printed trillions more giving it no real value. Oil should be cheap for us to buy unfortunately other countries are holding us hostage but in reality it's by design by our own government via green energy and the NWO. A rising dollar is an easy way to kill businesses in the U.S. We "might" be able to import cheaper but we can't export a damn thing. Our trade deficit is going to reach new heights. All by design. I too look for a bounce but it is looking worse by the day. It's all unraveling.
seriously you have no idea about properties...No one here cares. make money that's it.
lmao....the guy below crying about red caps when he/she talks about the beach or some fake sexual escapade....What a loser. Meanwhile 200 in play. government shutdown could make it much worse. Time to rip off the bandages.
lol....the dems got an open checkbook in June and still can't get it together. Sorry but you can't have Lobster, 3 sides, Cake and ice cream and eat it too and have someone else pay for it.
Shorted on the open...200 without a doubt.
Problem with that is everyone is thinking the same thing. If it don't bounce this market is in serious trouble.
That'll be what I'm watching. Till then staying short.
Slaughter house...pressure mounting.
200 in play...Gaps above are just Gaps for later. Looking ugly going forward.
lmao....Angry trades. All 3 indexes at the same time. Nice work.