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Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.
Hello I am liquidity
Somebody upset the market
Absolutely unreal. A straight line downward.
I'm just an idiot, but looked like everyone flipped to going short after spy kissed this upper line that started back in Jan.
I was in a meeting and had SPX open on my second screen. If anyone was paying attention to my face, they would have seen the biggest "wtf is happening" expression.
Brick wall at 431
431.50 was the 200 day daily moving average. It sat there for a few minutes and then plunged.
Might be a good idea to sell some insurance.
Some 430 spy puts would have been nice but couldn’t speculate if it would dump or pump after hitting that level. Market has been fairly irrational lately.
They like to nuke it around Labor Day to remind us who is in charge.
Ally update: Your Online Savings Account rate is increasing from 1.60% to 1.75%
Heads up the FTX app offers 8% on dollars up to $10,000 and 5% on amounts after $10,000
Not FDIC insured, but financially very healthy. Going on an acquisition spree and CEO is regarded as best in the crypto industry. Wouldn't put life savings in there, but the yield has been nice so far
After Celsius took what little btc I had im gonna not “unbank” myself for awhile
Totally understandable, just FYI
I was just about to ask the thread about JMIA after seeing @Baseballman86’s post. You think it’s worth a bit of a gamble here?
Buy enough to push the price back up to ~$40 please
I dunno man. It’s pretty hot from an RSI standpoint. I have stop loss set up on my option leaps, going to hold the shares regardless
Covered calls always.
45 DTE, 20% OOM on a stable reliable stonk.
sell out around 21 DTE. Rinse repeat. Theta gang unite.
Lowe's and Target missed on earnings, market is probably going to get crushed today.
30 minutes into trading today my stop loss was triggered on the Leaps.
is there such a thing as a stop gain because I must have a lot of them
Bragging about picks that gain... how dare you!
I think we may be at a top on the current rally. I haven't sold much yet but certainly am not buying more until there's a better signal on direction.
all three major indices seem to be hitting a resistance wall. 34,000 on the Dow, 4300 S&P and 13,000 NASDAQ. There really shouldn’t be any major news for a while. All tech and now retail has reported to boot. Probably a good time to sell OOTM covered calls.
A stop loss you get paid for.
what’s the next BBBY
thanks in advance
Going the HSA route through employer was a bad idea. Employer switched providers after a fucking year and so the HSA relationship with employer no longer exists. It's my HSA account so I keep it of course, but now the HSA bank is changing the rules and fees and required minimum balance from what it was before. So now they're charging a monthly account fee just to keep the account open.
If I close the account I then have to pay taxes on that money right? It's only about $3.5k but damn what a pain, I thought this was going to be a smart move.
only taxed on it if you say you didn't have that many medical expenses
Is there not a way to transfer the funds to a different HSA administrator, similar to rolling over a 401k?
If you "say"
last chance to do light fraud before IRS has teeth again. get ya crimes in now!
GM reinstating dividends
i should have listened
I wouldn’t listen to me either mate
to creative to not share
Spoiler: The rest
oh what we supposed to trust the feral reserve bc they got transistory inflation wrong and said sorry bout that? no thanks.
I just like to get lyrtch fired up on things I disagree with him about
i'm still right
the BETTER way to have done covid stimmy was with staggered payments and auto-renewing mechanisms based on broad economic indicators (basically the expanded UI mechanism but for the whole economy) but you'd have needed the Trump admin to be run by smart people from start.
but I also think the reee M2 folks are morons because the alternative to going big balls fiscal policy was allowing incredible harm to tear through the country which would have obviously been a much worse option
right wingers have a singular joke
And you've lost all of your sense of humor :(
or did I ever have one