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Post by Pale Hose on Feb 5, 2018 14:21:47 GMT -6
Buy on the dips!
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Post by mookie on Feb 5, 2018 14:24:40 GMT -6
All this happens right after neader starts this thread
fuckin' neader
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Post by andrewvb on Feb 5, 2018 14:28:33 GMT -6
sell sell sell your stocks, buy buy buy in retiring pop music icons!
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Post by neader on Feb 5, 2018 14:30:22 GMT -6
I broke the market guys
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Post by Tweet on Feb 5, 2018 14:31:07 GMT -6
I'm just waiting for the tweeter in chief to blame Obama and/or Hillary.
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Post by c1916 on Feb 5, 2018 14:32:13 GMT -6
For me, I'm planning to play a dead-cat bounce at the end of the day. If this is "The" correction, it's already half over, in just 8 days. Orders to buy XIV (Inverse volatility) and SPY/VOO (depending on the account) in the last minute of trading with an intent to consider offloading early in the day tomorrow. Over time, the concept of "Buy the close/Sell the open" is a huge outperformer.
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Post by Pale Hose on Feb 5, 2018 14:32:21 GMT -6
Markets cannot always go up, we were long overdue for some type of a sell off.
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Post by facts on Feb 5, 2018 14:32:32 GMT -6
Buy now or be priced out forever!
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Post by andrewvb on Feb 5, 2018 14:33:27 GMT -6
reading c1916's posts makes me worry i'm falling in on some insider trading.
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Post by teekoh on Feb 5, 2018 14:37:30 GMT -6
reading c1916's posts makes me worry i'm falling in on some insider trading. Especially since the x-axis characters are clearly some sort of ancient code.
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Post by c1916 on Feb 5, 2018 14:43:54 GMT -6
reading c1916's posts makes me worry i'm falling in on some insider trading. Especially since the x-axis characters are clearly some sort of ancient code. I think it's supposed to say Jan of 93 through Jan of 16
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Post by c1916 on Feb 5, 2018 14:46:45 GMT -6
reading c1916's posts makes me worry i'm falling in on some insider trading. I think the FTC would have a hard time proving insider trading when one is buying basket of stocks (SPY/VOO) or the volatility index. BTW...the orders into the close are overweight to the sell side by a considerable margin suggesting that the next 15 minutes will be in the red direction.
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Post by andrewvb on Feb 5, 2018 14:52:21 GMT -6
reading c1916's posts makes me worry i'm falling in on some insider trading. I think the FTC would have a hard time proving insider trading when one is buying basket of stocks (SPY/VOO) or the volatility index. BTW...the orders into the close are overweight to the sell side by a considerable margin suggesting that the next 15 minutes will be in the red direction. stop implicating me!
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Post by thebosma on Feb 5, 2018 15:33:33 GMT -6
Dude, he quoted you. You're goin to fuckin jail.
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Post by thebosma on Feb 5, 2018 16:04:21 GMT -6
This is the greatest
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Post by thisismyname on Feb 5, 2018 16:31:09 GMT -6
lol I used to work with that d00d
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Post by thebosma on Feb 5, 2018 16:36:33 GMT -6
lol I used to work with that d00d The queen or the twitter guy?
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Post by thisismyname on Feb 5, 2018 16:55:35 GMT -6
Twitter guy
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Post by thebosma on Feb 5, 2018 16:58:56 GMT -6
Less exciting, but definitely still cool
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Post by c1916 on Feb 5, 2018 17:06:48 GMT -6
So much for my dead-cat bounce theory on volatility. Sometimes the cat really is just plain dead.
The XIV that I traded at the close today, since it represents the inverse of the volatility futures, actually went to almost zero after hours. Since the VIX was up over 100% today, and the inverse of 100% is 0...there's a good chance that this is one will go bust.
Managed to get out with an 60% haircut by trading after-hours. Maybe it won't go to zero...but, not willing to take that chance.
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Post by c1916 on Feb 5, 2018 17:17:29 GMT -6
And...take it for what it's worth from a guy that was completely wrong less than two hours ago, but if the XIV and similar inverse derivatives go bust overnight, guess what happens to stocks tomorrow morning. For right now, things are red in the futures market for tomorrow, but relatively calm (down less than 1%). When the alorithms kick in in the morning, though, who knows.
This time I hope I'm wrong.
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Post by iasm on Feb 5, 2018 22:57:28 GMT -6
Futures down 800 since close
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Post by neader on Feb 6, 2018 14:15:31 GMT -6
Well at least my stocks are green for the day and doing 5% better than my index funds.
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Post by neader on May 24, 2018 12:17:18 GMT -6
Decided to be a little risky lemming and put some dough into $AMD today and currently at 2.0% so ayyyy.
Since doing this about 4 months ago my portfolio has gone up 9% which I'm somewhat happy with. Really wish I put more money in $NFLX instead of $AMZN since I've seen a 31% return on that.
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Post by neader on Jun 6, 2018 7:57:08 GMT -6
Decided to be a little risky lemming and put some dough into $AMD today and currently at 2.0% so ayyyy. Since doing this about 4 months ago my portfolio has gone up 9% which I'm somewhat happy with. Really wish I put more money in $NFLX instead of $AMZN since I've seen a 31% return on that. This turned out to be a really smart buy. c1916, I hope you weren't part of the XIV travesty.
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Deleted
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Post by Deleted on Jun 6, 2018 8:20:24 GMT -6
I'm sitting here waiting for another dip. I want to buy some CSCO, ASB and INFY.
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Post by neader on Jun 6, 2018 8:26:11 GMT -6
CSCO kinda looks like it's in a dip to me
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Post by thebosma on Jun 6, 2018 8:39:32 GMT -6
If anyone wants to play around with Robinhood for investing a few dollars here or there and also wants a free stock, let me know because I have some referral codes.
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Deleted
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Post by Deleted on Jun 6, 2018 12:59:57 GMT -6
CSCO kinda looks like it's in a dip to me It was. It's now moving up pretty nice. It's close to it's 52 week high at this point. I need to find Bill & Ted and go back in time to March 2018.
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Post by c1916 on Jun 6, 2018 20:00:33 GMT -6
Decided to be a little risky lemming and put some dough into $AMD today and currently at 2.0% so ayyyy. Since doing this about 4 months ago my portfolio has gone up 9% which I'm somewhat happy with. Really wish I put more money in $NFLX instead of $AMZN since I've seen a 31% return on that. This turned out to be a really smart buy. c1916 , I hope you weren't part of the XIV travesty. Unfortunately, I was. I understood the risks. The one-day math definitely caught me out, though. When you're in an inverse vehicle and the underlying index goes up 100%, there's no way around the fact that the math says that the inverse must, by definition, go to zero. On that day when the VIX spiked, the XIV dropped a few dollars, and I left the office thinking nothing of the fact that the VIX had actually doubled.
The fortunate thing is that I saw it the carnage starting after hours, and although the XIV dropped from somewhere around 90 to the point where I sold (mid 20's), I sold it all in an off hour trade and just took the gut punch. By the morning, it was single digits and a week later it had dissolved.
They can't all be winners, I suppose.
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