Boiler Room: The Official Stock Market Discussion

[Dameon Farrow]

my first instincts were that we'd see 500....essentially 750 or so throughout the day than a very minor rally towards end of trading day but after watching trump tweets all day i think the "rally" will be a continued slide.

i dont care what anyone says, our political economy is not very healthy right now. the reason, IMHO, that they pulled this stupid stunt with the bankers is that they (govt) have data which shows that the banks have SIGNIFICANTLY pulled back on loans (consumer/business). i mentioned this in my thread but there has been a significant increase in credit card delinquencies - the bank's first response is always to immediately decrease limits on existing accounts and tighten standards for future applications. the govt wants to put it out there that we shouldn't interpret this as a sign of the banks fundamental weakness (as in 2008). stupid people, of which the white house/administration is primarily comprised, always are fighting the LAST battle rather than looking forward.

He tweeted up a storm today. That's how you know everything is really in a bad spot.

And that last spot is very true. It really is liking having a bunch of spoiled kids in charge. People that never so much as got a slap on the wrist.

 

[88m3]

Trump says Fed is 'the only problem' of US economy

Trump: Fed is US economy's 'only problem'


fun!

 

[chineebai]

Lost like 2k today , was expecting a bounce on the Dow but didn't get it. Probably tanks Wednesday also. You win some you lose some.

 

[GnauzBookOfRhymes]

Save this post. End of March 2019 dow will be below 20

 

[Skooby]

Lost like 2k today , was expecting a bounce on the Dow but didn't get it. Probably tanks Wednesday also. You win some you lose some.

It's all losing right now.

 

[hashmander]

Save this post. End of March 2019 dow will be below 20

buy some DIA puts then. a $200 put expiring March 29th has a limit price range as of market close at $5.30-50.

 

[GnauzBookOfRhymes]

buy some DIA puts then. a $200 put expiring March 29th has a limit price range as of market close at $5.30-50.

another word for shorting?

pls explain as im not a trader. my only exposure to the stock market is through 401k from before i went into business for myself. i invest only in real estate.

 

[Skooby]

buy some DIA puts then. a $200 put expiring March 29th has a limit price range as of market close at $5.30-50.

I got to wrap my head around options.

 

[Dameon Farrow]

Save this post. End of March 2019 dow will be below 20

I'm more bearish than that. We see below 20k mid to late January. Not even close to trolling.

 

[hashmander]

another word for shorting?

pls explain as im not a trader. my only exposure to the stock market is through 401k from before i went into business for myself. i invest only in real estate.

I got to wrap my head around options.

yeah it's like shorting. calls are going long. what i'm buying are long puts (and long calls when i'm feeling positive), my risk is what i spent to buy the option. the disaster stories you read about are short calls and puts (writing the option) where if it goes the opposite way of your bet then you're left naked and exposed and owing money. so buyers of options spend the money up front and writers of options can be left exposed. oh and if you borrowed big money to pay up front for that long put or call you can also get in trouble.

here is a post i made a month or so ago and a few more replies after.

Boiler Room: The Official Stock Market Discussion

anyway i thought you were in the market like that. basically a comment like yours is the impetus for buying a long put. you have a date that you feel the market will be a certain point by and instead of just being right if it happens, you make money too.

 

[Skooby]

anyway i thought you were in the market like that. basically a comment like yours is the impetus for buying a long put.

Only traded stocks. Never did options. But I keep up with all the news.

 

[ADevilYouKhow]

Chaos is ladder

 

[hashmander]

Only traded stocks. Never did options. But I keep up with all the news.

yeah i was referring to @GnauzBookOfRhymes with that part because he said "Save this post. End of March 2019 dow will be below 20".

 

[Perfectson]

Lost like 2k today , was expecting a bounce on the Dow but didn't get it. Probably tanks Wednesday also. You win some you lose some.

You could see the pump fakes a mile away. Are yall even looking at the charts ??

 

[Perfectson]

yeah it's like shorting. calls are going long. what i'm buying are long puts (and long calls when i'm feeling positive), my risk is what i spent to buy the option. the disaster stories you read about are short calls and puts (writing the option) where if it goes the opposite way of your bet then you're left naked and exposed and owing money. so buyers of options spend the money up front and writers of options can be left exposed. oh and if you borrowed big money to pay up front for that long put or call you can also get in trouble.

here is a post i made a month or so ago and a few more replies after.

Boiler Room: The Official Stock Market Discussion

anyway i thought you were in the market like that. basically a comment like yours is the impetus for buying a long put. you have a date that you feel the market will be a certain point by and instead of just being right if it happens, you make money too.

There are several strategies of being short the market without exposing yourself.

Covered puts, bear spreads and selling Flys and condors