October Stock Talk V

Question

I expect a down day tomorrow . . . not that I have any idea what will happen.I guess I just don&#x27;t expect the markets to end in the 9&#x27;s headed into the weekend.

VirginiaHoldem2 · Answer

I expect a down day tomorrow . . . not that I have any idea what will happen.I guess I just don&#x27;t expect the markets to end in the 9&#x27;s headed into the weekend.

wallstreetcappers · Answer

VH2,I think GOOG should carry the day and we should end up tomorrow.It is expiry so who knows though.

VirginiaHoldem2 · Answer

Yeah but isn&#x27;t what GOOG is doing bad for the economy if you think about it?They are hiring lessThey are spending less on IT infrastructureThese are the things that worry people the most . . . less jobs being created and companies spending less.  I don&#x27;t know.  Just another way to think about it.

Vermeer · Answer

I dunno about Google, but I have been nibbling at XOM. Of course B.O. will probably penalize them for making money, sock em with a windfall profits tax, and I will kick myself in the ass for adding yet more shares.

I think XOM is for me what DRYS is for you Wall, a possible addiction as much as an investment!!!!.

claycourtlesson · Answer

Futures indicate an abominable open.&#xD;&#xA; &#xD;&#xA;Expiration day------will be much ado about nothing.  Spikes up and down due to unwinding-----impossible to trade.&#xD;&#xA; &#xD;&#xA;Averages will end where they open-------DOWN.

WinLoseorDraw · Answer

wow uaua has had a huge run up last 2 days. i guess it safe to say that the shorts are falling off the ship today hard.

wallstreetcappers · Answer

Geez they are tanking the market early here..Only up 100 now

wallstreetcappers · Answer

GOOG option holders got the stiff one today.Gonna settle at 370 and smush the 380 holders.

claycourtlesson · Answer

[Quote: Originally Posted by claycourtlesson] &#xD;&#xA;Futures indicate an abominable open.&#xD;&#xA; &#xD;&#xA;Expiration day------will be much ado about nothing.  Spikes up and down due to unwinding-----impossible to trade.&#xD;&#xA; &#xD;&#xA;Averages will end where they open-------DOWN.&#xD;&#xA;[/Quote]&#xD;&#xA;Yep..&#xD;&#xA; &#xD;&#xA;Much ado about nothing.  Usually the case on expiration day.&#xD;&#xA;Enjoy the football this weekend, people.&#xD;&#xA; &#xD;&#xA;Cheers

Vermeer · Answer

She is worth a read and so is her  book with Friedman...https://online.wsj.com/article/SB122428279231046053.html

VirginiaHoldem2 · Answer

Earnings week

I expect a lot of selling the news as companies miss their estimates. Which really doesn't make much sense since we are already in the 8's for the DOW and the selloff has already factored in missed earnings.

But nothing makes much sense these days.

jaxwhitey · Answer

Wow, DIG went apeshit todayUp 22%

WinLoseorDraw · Answer

damn i sold DIG at the end of last week  but i did make some money on DRYS since.

WinLoseorDraw · Answer

since about noon ive been looking to buy it on a dip and didnt pull the trigger. now its too high to pull the trigger for me

claycourtlesson · Answer

"pullback" later in week...for sure.&#xD;&#xA; &#xD;&#xA;be patient, these prices will come in.

accventures · Answer

I agree and bought some S&amp;P puts today.

wallstreetcappers · Answer

You holding POZN still?Stock getting crushed, double whammy the other day.

whereismyhat · Answer

Looks like it&#x27;s going to open up in the hole

whereismyhat · Answer

dwn 138  and couting

whereismyhat · Answer

Damn it would be nice if we could have a &#x2B;200 day or so.

jaxwhitey · Answer

Gold is having another bad day, I believe we are about $30/oz away from a new 52 week low.  If it breaks this level there is no chart support for quite awhile.Come on $500/oz

brooklyn1 · Answer

IF it cost $600 an ounce to get gold out of the ground.how can it go to 500 ?

jaxwhitey · Answer

And how do you come up with that cost basis?  Did gold producers not make a profit until after January 2007 when gold finally eclipsed the $600 oz mark?The flight to safety is a ruse, jewelry sales will be down significantly and inflation is still about a year away from being an issue again.

depeche2 · Answer

Looks like the market is going to end up giving yesterday back.  Got a bad feeling it will get ugly here.

dave9981$ · Answer

SDS working like a charm today

October Stock Talk V

Hot Forum Topics