Boiler Room: The Official Stock Market Discussion

[Tha Sircus]

i dunno man. I'm not even a bull but I see this shyt settling in late September and starting to bounce once the October earnings season begins. Maybe it depends on the fed but it's extremely overdone IMO. I actually hope it falls further though. If i aint making bread off a bounce I dont want anybody to lol


i think if the Fed starts talking about QE4 we could get a bounce but if they are crazy enough to go ahead and raise rates it's gonna submarine

 

[Ohene]

QE4

lol

but thats exactly how I feel. We'll have to wait and see...to avoid the momentary turbulence...if you have a weak stomach sell until you start seeing consecutive green days.

If they raise rates...see you at 1500 for the spy

 

[Domingo Halliburton]

What's a green close

red down, green up

 

[Domingo Halliburton]

How do you figure?

which part? can you get a quote for the VIX?

edit: looks like it's back up and running.

 

[heisenburrr]

You guys cant possibly be talking about catching this falling knife are you?

This is the end of the bull market. Cover you losses and gtfo

 

[OSUBaneBrowns]

Brehs, I have to think there's plenty of upside with WTI right now in the $2.60 range. If there's one thing guaranteed to make a comeback at some point, it's oil... right?

As a fellow oil investor, I wouldn't touch that shyt with a 10 foot pole right now. Just save up until this correction dies down and then buy for the cheap . Short term pain for long term gains I hope .





Off topic, I'm kicking myself for not selling UWTI back in July and flipping to DWTI. I would have been eating right now. Lesson learn the hard way .

 

[GoogleMe]

which part? can you get a quote for the VIX?

edit: looks like it's back up and running.

That VXX's entire float is short

 

[ExodusNirvana]

Oil down over 1.5% into the mid 39s ...

fukkKKKKKKK. . . . these motherfukking Saudis.

I hear the 20's is what we should be looking for...

 

[88m3]

everything is fine

 

[Domingo Halliburton]

That VXX's entire float is short

well there's 60.5 million shares in the float and over 59 million are sold short. this happens with this etf. a few weeks ago 85% of the float was short. banks own like 50% of the float.

 

[无名的]

You guys cant possibly be talking about catching this falling knife are you?

This is the end of the bull market. Cover you losses and gtfo

Is the Bitcoin guy here... the guy who has caught the falling knife for over a year?

 

[GoogleMe]

well there's 60.5 million shares in the float and over 59 million are sold short. this happens with this etf. a few weeks ago 85% of the float was short. banks own like 50% of the float.

Right. Where do you get short interest numbers?

 

[Domingo Halliburton]

Right. Where do you get short interest numbers?

usually nasdaq.com is a good place to look.

I was looking at finviz or something else there. I'll have to go back and look.

 

[Big Jo]

My FB stop hit at the bell this morning at $73.79 and it's already rebounded above $85

Literally just took money out of my own pocket. FML

 

[Futuristic Eskimo]

Who else averaged down today? Scooping up major money center banks for less than .7 bv/share is nice.