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Old 03-24-2020, 12:31 PM
  #7581  
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Originally Posted by OldPete View Post
I was all set to sell my F today and climb my way back with a company that had some hope. Somehow I showed restraint. And got a nice chunk of my money back.
Must be a lot of money to be made in face masks.....
Old 03-24-2020, 12:33 PM
  #7582  
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Originally Posted by Commocean View Post
Remarkable the lack of volatility today. Gives me pause.
Vix coming back up. Good to help get some good short Vix positions. Way too risky to do anything long haha, that sounds crazy, doesn't it? "Going long is risky"
Old 03-24-2020, 12:45 PM
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Good miners with gold in the ground are trading dirt cheap to gold...I did pick up some more GORO today.


"The Gold Market Is Breaking Down": Gold Spreads Explode As LBMA Warns Of Liquidity Problems
"I’ve never seen that before"... "There is no price discovery in the market right now."
Old 03-24-2020, 12:59 PM
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Originally Posted by bayrunner16 View Post
Man, I am a complete idiot about following the so called rules, but this seems so easy in this market.

I realize I will most likely get burned on some of these, but geez money is easy to make it seems when everything is so down.

I sold all of my Royal Carribean today. Got it last week for 19.92 and out the door today for 29.04!!!! Everyone said I was an idiot for buying it.

I can not see how I'm not going to be absoluely rich off this market in a few years. Kind of exciting to see my shares growing so much!!!
RCL is sweet. Ran the short way down. Riding it’s rally up now. Good times on some fronts.
Old 03-24-2020, 01:03 PM
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I'd love to know who/what buys into the close at the high of the day, or the strategy behind it. It's like going to a sale, missing it, and buying stuff at MSRP right before the store closes.
Old 03-24-2020, 01:10 PM
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I'm buying some puts right now but fully expect to buy some more tomorrow. Assume stimulus gets signed tonight or tomorrow. Buy the rumor sell the news.
Old 03-24-2020, 01:31 PM
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Originally Posted by acteg View Post
I'm buying some puts right now but fully expect to buy some more tomorrow. Assume stimulus gets signed tonight or tomorrow. Buy the rumor sell the news.
I just nibbled on some inverse etf's. Going to see what tomorrow looks like before going any further. I am thinking flat tomorrow at best. No chance we have 2 days in a row like today. IMO of course.
Old 03-24-2020, 01:36 PM
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Originally Posted by Commocean View Post
I'd love to know who/what buys into the close at the high of the day, or the strategy behind it. It's like going to a sale, missing it, and buying stuff at MSRP right before the store closes.
Da Boyz...aka PPT...aka Pres working group on markets...and, maybe the Fed now that they are able to buy stocks, I believe.
Old 03-24-2020, 01:44 PM
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Time to buy puts on PLAY, lol Dave and Busters up 56% today. I was going to wait until tomorrow but doing it now.

Edit 4/17 13s is what i did.
Old 03-24-2020, 01:46 PM
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Originally Posted by FlukinAround View Post
Time to buy puts on PLAY, lol Dave and Busters up 56% today. I was going to wait until tomorrow but doing it now.
This is a sure bet if I've ever seen one.
Old 03-24-2020, 01:51 PM
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Originally Posted by OffshoreApparel.com View Post
This is a sure bet if I've ever seen one.
I am with you man, was going to hold out and wait but went 4/17 13 strike.
Old 03-24-2020, 01:53 PM
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Some hopeful news...and probably why Trump's tune with a few others seems to be changing and wanting to open things back up

https://metro.co.uk/2020/03/24/coron...tion-12451012/
Old 03-24-2020, 02:07 PM
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i mean it ain't the damn Black Plague people, yes be careful, yes take action, but being forced to shelter-in-place is silly...

Last edited by chevyrulz; 03-24-2020 at 03:49 PM.
Old 03-24-2020, 02:46 PM
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Fundamental issues have not changed. Let's see if the bill even comes to fruition, this kind of big $ can always have some hold outs.

but even with that, does it change the situation? Consumers are home and not spending. Give them $ and businesses free LOANS with strings, and that changes things? I'm not so sure.
Old 03-24-2020, 05:06 PM
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A guy I’ve followed for over a decade...in tune with the market and not a crazy “goldbug”. Take it for what it’s worth, as always

1/2 I’ve received some important information relating to what’s going on in Gold markets. Today, some banks failed to deliver physical in the comex bar EFP. As a result, these banks suffered large losses which will soon be announced. They’ve also decided to exit the comex market.
Old 03-24-2020, 05:08 PM
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2/2 Now there remains a big shortage in physical in the comex denomination so rumors are the Comex will announce a force majeure and allow banks to deliver LBMA bars instead. This should be announced imminently.
.
Old 03-24-2020, 05:15 PM
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Originally Posted by chevyrulz View Post
i mean it ain't the damn Black Plague people, yes be careful, yes take action, but being forced to shelter-in-place is silly...
Like.
Old 03-24-2020, 05:44 PM
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Originally Posted by schoolsout1 View Post
.
Help me out here.
What does this mean for Gold stocks?
Old 03-24-2020, 05:47 PM
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Originally Posted by cummins28 View Post
Help me out here.
What does this mean for Gold stocks?
If this is true, then hang the fvck on

ive talked about this happening for some time. Ow. The guy saying this has a ton of connections...not the “seedy” type, either. He’s a big player in the retail side if things
Old 03-24-2020, 05:48 PM
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EFP is exchange for physical, btw

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