Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    So we set a record for shortest ever Bear by almost 2 full months then I think?
     
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  2. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    Could be the shortest ever bull market shortly, too
     
  3. southside

    southside Well-Known Member
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    It will be. We hit 2700 then we sailing down hard
     
  4. pacey

    pacey Well-Known Member
    Donor

    got my dxd, uco and spxs and popcorn. ready to watch the world burn.
    Too soon?
     
  5. Gotch Yarbrough

    Gotch Yarbrough Canada eh?
    Donor

    Just curious, why the bullish oil play if you're expecting a meltdown? Just don't think there's more room to fall?
     
  6. pacey

    pacey Well-Known Member
    Donor

    I think the market comes up some tomorrow and oil will follow before the next drop. Also believe it is oversold because of the recent drop and it did not rally today with the market. Uco May be a long term play for me.
     
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  7. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    I shorted S&P and Dow this afternoon with SPXS and SDOW. May have grabbed the SPXS a little early, but grabbed the SDOW right before the closing bell pump. If nothing else, it will be a good hedge to all the stocks I picked up last week and didn't sell today
     
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  8. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Cruise lines not included in the bailout.

    oh, I like that.
     
  9. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Damn, glad I sold that CCL call today
     
  10. g8r

    g8r Well-Known Member
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    Florida GatorsBoston Red Sox

    If carnival drops like a lead balloon tomorrow........good times
     
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  11. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    its a kind of confusing situation based on my cursory read, they aren't included but it seems like the Dems might have snuck their exclusion through as a bunch of Republican senators are trying to find a way they are included in the current framework as well as trying to craft a way to get them into the next bill

    it almost seems like Dems played on republicans nationalist bent by making the loans only include US based corps, just a subtle language adjustment playing to their priors, and it didn't get caught by some of the guys who would have melted down about it
     
  12. texasraider

    texasraider thanks
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    Fuck any legislator that wants to bail those fuckers out
     
  13. LSUTigers1986

    LSUTigers1986 Well-Known Member
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    LSU TigersWashington NationalsWashington Football Team

    12+ hours late on response but was on a call this morning with a CEO of a $500mm biz ($1B+ a year ago) who said he had egg on his face for saying nat gas was dead two months ago at his board meeting. Today, his only region that’s looking up is PA Marcellus.

    I’ve paid well over $500 a night for a hotel in Midland in 2014 and 2018. That’s going to be a scary place that I will avoid the next few months.
     
  14. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Mickey Arison is going to go on a hunger strike in protest and only make 2 trips to the all-you-can-eat buffet at Mar-a-lago instead of his normal 4 each meal
     
  15. BP

    BP Bout to Regulate.
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    giphy.gif

    One of the Alaskan Senators was talking about it the other day.
     
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  16. LSUTigers1986

    LSUTigers1986 Well-Known Member
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    LSU TigersWashington NationalsWashington Football Team

    This morning Cramer was like, “I dunno Mnuchin might bail out oil companies”...
    “Oh wait he called me back to say that is not true, when he calls I have to answer”

    Not that I ever thought there would be any help but it was a “wait no fucking way” only to see one of, if not both of my households jobs swept away.

    I know there’s not much sympathy in the oil patch but Texas is going to get hit hard. Houston (4th largest city) and Midland / Odessa may see 50% cuts of high paying / hard working jobs. Again oil is seen as a bad thing in most parts when it’s $4 gasoline prices. When it’s $1 per gallon most of the country is happy, understandably, but it hits a huge part of the population across TX, NM, OK, ND, MT and most aren’t from this area.

    Glad this is a much more informed/less political thread than the covid thread but I had to lay off 23 y/os today and as someone a few years over 30 that recently paid off my student loans after riding that burden for a while, that killed me.

    sorry for the rant and don’t want to make this a political / oil thing. Thanks for letting me get this out. It’s going to be even worse the next few months IMO.
     
  17. LSUTigers1986

    LSUTigers1986 Well-Known Member
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    I don’t know why but this thread felt like the best way to get it out since it’s strangers. Obviously scared about my job prospects but it’s been a good run

    Pretty obvious it’s a scare for my job for throwing it in this thread a few nights in a row. I’ll keep it out from now on... thanks TMB carry on
     
  18. BP

    BP Bout to Regulate.
    Donor
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    Good luck on the job front man. Couldn't imagine having to go through that situation. GF's dad works in the drilling industry in OK and TX and he got sent home a few days ago.
    I think most people understand the workers situation in the oil industry. I personally don't have much sympathy for the oil tycoons/CEOs and huge oil companies.
     
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  19. RockHardJawn39

    RockHardJawn39 #FranklinOUT
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    What do you do?
     
  20. LSUTigers1986

    LSUTigers1986 Well-Known Member
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    That second part I think is where the O&G business gets killed in the public setting, and I’m right with you. Those golden parachutes were insane, when you look at them now. 80s were a ridiculous time to be a CEO but throw in a volatile business like Energy and it’s hilarious looking at it now (sign me up).
     
  21. LSUTigers1986

    LSUTigers1986 Well-Known Member
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    I’m on the lending/banking side of Energy for a bank. Luckily a strict bank on lending standards. But we’re all seeing Energy become the new tobacco and trying to adapt.
     
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  22. pacey

    pacey Well-Known Member
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    The Boris Johnson news should help the market drop today I would think.
     
  23. billdozer

    billdozer Well-Known Member
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    Clemson TigersCarolina Panthers

    And just like that, my portfolio is back to October levels (short lived).
     
    dukebuckeye and Houndster like this.
  24. Smuggy

    Smuggy Well-Known Member
    Alabama Crimson Tide

    Natural gas folks - any NG stocks stand out more than others?
     
  25. southside

    southside Well-Known Member
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    VIX creeping towards 70. It's coming
     
  26. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    Shorts, are y'all riding all the way down to the bottom or trying to dump at today's lows?
     
    #14126 Stagger Lee, Mar 27, 2020
    Last edited: Mar 27, 2020
  27. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Mine is expiring today so I'm trying to find a green low and get out in case it rallies right before close for some dumbass reason.
     
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  28. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    TBD
     
  29. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    A few of my 04/17 $14 NCLH puts Are back to even after being down 50% yesterday. Let them ride or get out now?
     
  30. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    I'm encouraged by it not bouncing up yet this AM. It's been back positive about an hour after open, every day this week. We might see it plunge a little more today. I'm going to try to ride it out until the afternoon and just hope.
     
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  31. colonelrascals

    colonelrascals Mayonnaise-colored Benz, I push miracle whips
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    VIX moving down
     
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  32. southside

    southside Well-Known Member
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    I'm riding my puts to the bottom of the range (220 SPY target) but will offload some 4/6 calls I have as a hedge if we go green today.
     
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  33. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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  34. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Letting this ride through the day? Mine expires today and I'm trying to decide if I want to keep betting on it to plunge or get out while the getting is good.
     
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  35. pacey

    pacey Well-Known Member
    Donor

    personally I get out. We have been hovering between -800ish and -600ish all day. Take a little profit if you can because i think the odds are too great we get a 500 point swing at the end of the day. No one knows which way. The market has made no sense and the computers seem to be driving this so think illogically and a 500 swing up is coming. Unless major new news breaks.
     
  36. pacey

    pacey Well-Known Member
    Donor

    So far, all that today's decline has done is form an inside day on the Dow. Inside days or a Harami candlestick pattern (Mother and Baby) in Japanese candle sticks, is usually a reversal pattern, It is almost always found at the end on a significant move. In this case the end of a three day rally.

    If the pattern continues to develop, it would set up the potential decline to retest the low set last week.
     
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  37. Jesse Palmer

    Jesse Palmer Hair Product & Roses
    Donor

    Friday:

    [​IMG]
     
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  38. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Sell point set. One more little plunge and I'm out.
     
    pacey likes this.
  39. Gallant Knight

    Donor
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    Thank you texasraider for the wine!

    doubt these last past tonight

    F89B9168-B247-4CDE-919B-2B8E1019FA4B.jpeg
     
  40. Dale Doback

    Dale Doback Well-Known Member
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  41. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Trying to decide if I should close out my SPXS call up just a bit ~6% or ride the weekend
     
  42. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Final 30 minutes coming. We going to get back to yesterday’s close or fall off past the day’s low?
     
  43. southside

    southside Well-Known Member
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    Every time we hit Spy 260 and don't go over I buy more puts
     
  44. pacey

    pacey Well-Known Member
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    Whelp -900
     
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  45. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    Started to sell half of my short positions right before closing bell, but decided to hold onto them as a hedge over the weekend.
     
  46. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Held onto mine. Might sell that at open because who know wtf happens next week when the stimulus approved.
     
    Baseballman86 likes this.
  47. billdozer

    billdozer Well-Known Member
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    Clemson TigersCarolina Panthers

    You would have to think it's already accounted for.
     
  48. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    I'm not assuming anything about this shit anymore.
     
  49. southside

    southside Well-Known Member
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    going longer and longer into UUP this week
     
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  50. billdozer

    billdozer Well-Known Member
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