Thethirdpew
Banned
Breh you came after the pump and dump. You took a loss.
Boiler Room: The Official Stock Market Discussion
Thethirdpew
Banned
I honestly don't think that next week is a good time to put your money in the stock market. It's going to bleed red next week
Thethirdpew
Banned
Made the mistake of holding. I did not realize just how far this president is willing to go to prop up his oil cronies. This dude literally lied about Russia and Saudi Arabia coming to terms
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ill be trickling in next weekI honestly don't think that next week is a good time to put your money in the stock market. It's going to bleed red next week
but yeah, i still think dudes were wrong about 18 being the previous low. it's getting lower 
I honestly don't think that next week is a good time to put your money in the stock market. It's going to bleed red next week
im confused. Isn’t that the best time when everything is down and red which hopefully will start tomorrow?
He's saying he expects the market to go down further than what we see next week
Thethirdpew
Banned
I used to think that we hit the bottom around march 24th, I was wrong
. Happens to be that the small surge in the S and P that we have seen lately is a facade (a lot of it is because Trump talks a lot , American optimism, and people trying to scoop up stocks because they think we hit bottom). We haven't even come close to the bottom. We're probably going to hit bottom this month or next month as a lot of our oil companies will go bankrupt soon. I highly doubt that Russia will agree to a cut in oil production since they want our oil companies to go out of business. The petro dollar will take some big L's in the upcoming weeks as the price of oil per barrel keeps dropping.So in the mean time I'm going to focus on short selling and Put options. I made 10k last week on put options
.(call options at first once the rumpor pumps the news then put option after that). On the other hand I lost 5k trying to buy stocks that I thought had hit bottom .
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Thethirdpew
Banned
@HALLOWEEN
Breh If I were you I would sell your shares of MFA asap since they are a non agency mortage backed security. if they were an agency MBS I would tell you to hold. There's a very good chance that MFA is done for.
Breh If I were you I would sell your shares of MFA asap since they are a non agency mortage backed security. if they were an agency MBS I would tell you to hold. There's a very good chance that MFA is done for.
Saysumthinfunnymike
VOTE!!!
So whats the prediction for this coming week? I got 4k cash ready to go and about 5k im about to transfer into my live account so im ready for any and everything
It will likely be red but hard to tell how much has already been priced in.
Saysumthinfunnymike
VOTE!!!
Made the mistake of holding. I did not realize just how far this president is willing to go to prop up his oil cronies. This dude literally lied about Russia and Saudi Arabia coming to terms
I know it's difficult but i pay attention to what trump says because like it or not his words matter to the market even more so than one would think. People trust his words for some reason so i sometimes make moves based on how i think his idiot followers will react
this weekend has been pretty bland to be honest, no exciting information or anything has been out
I've been slacking on transferring money into my live account doing that all this week cant be caught without having one in the chamber
Saysumthinfunnymike
VOTE!!!
this weekend has been pretty bland to be honest, no exciting information or anything has been out
that's the thing. there's nothing we know now that we didn't know on Thursday. Whenever there is uncertainty then I would expect mostly red but I don't know if we should be expecting -900 point days and shyt, we'll see.
Thethirdpew
Banned
I learned this the hard way. A lot of people are going to lose money Monday because the meeting got postponed to Thursday. Prices gonna g up Thursday but then crash back down to new lows once the meeting fails (which it will). Russia and Saudi Arabia don't gain that much from settling the oil price war, especially not Russia. The only way out of this is for Trump to agree to remove sanctions on Russia (which he won't do). Saudi Arabia has said that they will only cut oil production if everyone else does it; America can't cut oil production for obvious reasons. All in all next week should be interesting
Saysumthinfunnymike
VOTE!!!
I learned this the hard way. A lot of people are going to lose money Monday because the meeting got postponed to Thursday. Prices gonna g up Thursday but then crash back down to new lows once the meeting fails (which it will). Russia and Saudi Arabia don't gain that much from settling the oil price war, especially not Russia. The only way out of this is for Trump to agree to remove sanctions on Russia (which he won't do). Saudi Arabia has said that they will only cut oil production if everyone else does it; America can't cut oil production for obvious reasons. All in all next week should be interesting
I only fukked with oil for that short period between the announced talks/meeting and the realization that trump was talkin out his ass
I know some dudes here got Exxon still, they loaded up at about $32 or so and that's fine we know Exxon will be good in the long term but it's not a play that I'm interested in right now