Boiler Room: The Official Stock Market Discussion

[Futuristic Eskimo]

alright let's not repeat yesterday.

 

[88m3]

The Stock Market Hasn't Had a Selloff Like This One in Over 75 Years

Goldman Looked Back at How the Fed Usually Reacts to Declines in the Stock Market

 

[GoogleMe]

I gotta be honest I had no idea Breh. Lol but if he helped create QE1 he is not a Hero

Geithner is the man most responsible for the bailouts.

Inside Man

 

[Tha Sircus]

Geithner is the man most responsible for the bailouts.

Inside Man

Omg that guy is evil then.

Those banks should have been allowed to fail.

 

[Domingo Halliburton]

“From my perspective, at this moment, the decision to begin the normalization process at the September FOMC meeting seems less compelling to me than it was a few weeks ago,” Dudley told a news conference at the New York Fed.

these central bankers can't keep their mouths shut

 

[GoogleMe]

 

[Domingo Halliburton]

someone should check on Zero Hedge and make sure he's alright.

 

[GoogleMe]

someone should check on Zero Hedge and make sure he's alright.

that click-bait money isn't going anywhere

 

[Futuristic Eskimo]

 

[无名的]

dead cat bounce

 

[mson]

Anybody made any significant moves the last couple of days?

 

[Futuristic Eskimo]

One day of insane selling into close followed by a day of sharp buying into close. Might as well just flip a coin and go in on calls/puts tomorrow.

 

[GoogleMe]

Brehs what are your holding periods? Any of you sit in front of charts all day?

 

[无名的]

Brehs what are your holding periods? Any of you sit in front of charts all day?

I usually hold a few months unless something turns against me badly... I like to buy stocks that have been beaten down and are trading at or below book value. If I think they could go bankrupt, buy calls and puts, so there's a lot of upside, but I still make money if it goes to 0. I use the technicals (RSI + Bollinger + MACD + Stochastics) as pretty reliable indicators over a stretch of time... selling the calls when overbought, unless I think there's more upside and vice versa with puts. If there's more upside and it's overbought, hopefully sell half my position to cover the cost of all contracts and let the rest ride out as profit.

 

[Carlos Huerta]

I usually hold a few months unless something turns against me badly... I like to buy stocks that have been beaten down and are trading at or below book value. If I think they could go bankrupt, buy calls and puts, so there's a lot of upside, but I still make money if it goes to 0. I use the technicals (RSI + Bollinger + MACD + Stochastics) as pretty reliable indicators over a stretch of time... selling the calls when overbought, unless I think there's more upside and vice versa with puts. If there's more upside and it's overbought, hopefully sell half my position to cover the cost of all contracts and let the rest ride out as profit.

what do you think of CVX right now?