Boiler Room: The Official Stock Market Discussion

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Luckily I was able to sell some calls for Oct 30 on Monday before this crash, got solid premiums in return. At this rate the contracts will expire worthless.
 

FreshFromATL

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:whoa:

The very fact that this man is President means that shyt is not a lock breh

In over 100 years, the market has RARELY been wrong on the presidency, look it up. Going into the election with heavy red like this is damn near a kiss-of-death to the incumbent president. SPY can realistically hit 3200 before Monday.

Unless stimulus drop out the sky by EOD Friday, shyt can get ugly over the next 2 months.
 

Serious

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In over 100 years, the market has RARELY been wrong on the presidency, look it up. Going into the election with heavy red like this is damn near a kiss-of-death to the incumbent president. SPY can realistically hit 3200.

Unless stimulus drop out the sky by EOD Friday, shyt can get ugly over the next 2 months.
I'm getting a second job to put money into stocks. :damn:

This could be a once in a lifetime opportunity to build some positions
 

FreshFromATL

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I'm getting a second job to put money into stocks. :damn:

This could be a once in a lifetime opportunity to build some positions

Just think if/when Trump loses, and given his (and the GOP) history, he/they likely says fukk a stimulus and fukk covid help to the US :umad:

We might retest March lows at some point, lol.
 

dora_da_destroyer

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do you have a price point where you plan on hopping back in?
I’d like to see it below 90 before I start putting money back in. But I’m really looking at what the market, particularly tech stocks do over the next few weeks to be my cue on ARKK, if they bleed, ARKK bleeds, I won’t go heavy on ARKK until tech stabilizes
 
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