Stock Market (24 Viewers)

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AFL_ITALIA

AFL_ITALIA

MAGISTERIAL
Jun 17, 2011
31,826
  • Thread Starter
  • Thread Starter #1,401

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,244
    Why does this account always post in all caps? It’s so annoying.
    They are pulling these headlines directly from a Bloomberg terminal, which I believe the news feed is in all caps.

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    Well I guess we'll be getting that deflation soon.

    Waiting for my accidental €900M. I'll buy out Rabiot's contract as a gift to Tuz.
    A deflationary collapse would be nice for a change.

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    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,244
    Welp, I’m starting to think I should have moved my 401k to the money market fund back at 4200. This is not looking good, might be the next wave down. September has always screwed me too.

     

    lgorTudor

    Senior Member
    Jan 15, 2015
    32,951
    How is this shit even possible?
    homeboy was selling puts at the top of a relief rally when Cramer was bullish
    I mean I get not selling the top (because who the fuck knows where clown market takes us)
    or I even understand FOMOing into the relief rally, because if it dumps you still hold your shares
    but selling puts?

    What this guy did is basically a JJ mercato kind of stupid
     
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    lgorTudor

    Senior Member
    Jan 15, 2015
    32,951
    Too lazy to look at the charts because TA isn't my cup of tea but wasn't 4200 range a major resistance level and SPY only ever scamwicked above it so it doesn't count as breakout

    And that's where he decided to sell puts
     

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,244
    Too lazy to look at the charts because TA isn't my cup of tea but wasn't 4200 range a major resistance level and SPY only ever scamwicked above it so it doesn't count as breakout

    And that's where he decided to sell puts
    Yep. Well, 4300 is where the 50 week MA is, got smashed. Weekly chart looks horrible. If we get a weekly close below 4000 I think we retest the lows. And probably break them because everything is fucked.
     

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,244
    Boomers including my parents keep parroting the don’t sell, you will miss the recovery rally mantra their financial advisers are dishing. That is definitely worrying.

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    If Europe has an energy catastrophe, which seems increasingly likely, nobody is going to be buying shit this winter. Pretty sure I saw 30% or so of SPY earnings come from Europe.
     

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