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Is this it? What happened to covers.... I have two bet's on the Republican VP - Marco Rubio +1200 and Newt Gingrich +3000. Marco Rubio because as we all know Florida is a huge swing state and he is going to need the Hispanic vote and Newt Gingrich because Trump estimates he needs 1 billion in funding. Most of the Republican Party's wealthiest contributor's (Koch brother's and other's) are focusing on the smaller election's (senate and house nominations) and are not going to be contributing $$$ to the presidency. Rumor has it Sheldon Adelson would be willing to give north of $100 million to the Trump campaign -- in 2012 Adelson was a major benefactor of Newt. Newt would be adding some legitimacy + much needed $$$'s.
Good luck Vanzack! I have Hillary at -150 earlier this year. |
vanzack | 1017 |
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thanks Vanzack. I agree with you. As the narrative builds I am definitely looking for opportunities.
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vanzack | 30 |
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Vanzack - let's talk elections. Going to be some opportunities this year. Especially with the discrepancies between live, phone and internet polling. Let's talk about the narrative the media is painting and how Gallup is no longer polling the 2016 election.
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vanzack | 30 |
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Quote Originally Posted by Caper03: stopped out of UWTI - for net loss of 10%. Loaded up in spy march 3 and march 4 206 calls at the close and will be buying the dips to 2019-2022. I also loaded up in to aapl at the close. I will be adding the april 125 calls all the way down to 120. With a stop at 119. Good luck! I own a bunch of rig common avg 15.xx, along with oas avg 13.xx and eog with avg $85.xx had some from lower. I also added to my pgh position back to half a position. STAY SCARED EVERYONE!! It is possible to make new lows in WTI before a bounce. But I am holding here. BANKS WILL BE THE PLAY FOR 2015. just look at the ten year................ New highs before Q2 pullback As I rolled a good amount of my portfolio in to banks back in march and april this has been a good year. Pick up Semi's and continue to add to the biotech bubble. 2016 20% pullback/ 2017 bear market in the cards!!! |
bigvern1013 | 142 |
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Quote Originally Posted by Knoxpoker: OK we have a close ABOVE last weeks open. We have a gap up to start the week and it held. If anyone knows true daytrading. Traders will have programs to give them gap ups and gap downs within the first hour of trading. They will trade gaps and pick a direction and scalp the market . Well MNKD came up on their radar and they drove price up. SO we have 1. Gap up this morning , traders waited for the 50 percent pullback intra day and bought it back up to highs.. VERY GOOD SIGN. 2. A break of last weeks open.. Traders will take a long here and put a stop below 3.44. Yes its a big stop but it will leave room for a 75 percent retracement , a scenario that might happen. Most traders will open their first position here , and open a second if they can get 3.50 or so.. FUNNY HOW WE GOT A DOWNGRADE AND PRICE SPIKES... The market is a scam and you better know what you are doing.. i agree with this portion of the statement. 1. Gap up this morning , traders waited for the 50 percent pullback intra day and bought it back up to highs.. VERY GOOD SIGN. I added mnkd yesterday and sold $4 june puts. I thought of you all here and came to see what you were saying. 50% pullback is key.. from futures to individual stocks. Good point for entries short and long. Oil is very close.. scaling in to long positions. Short RUT, SPX indices, as we are getting overbought. Good Day! |
Louis_IV | 563 |
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Quote Originally Posted by wallstreetcappers: I think you do... I would like to hear how you think banks are making their money NOW...not from some textbook explanation. So, I haven't been here because there isn't any point in trying to argue fundamentals... I am a trader and all I care about is making $$$$. Do you see my crying right now when I own OAS, EOG, RIG, XOM and HAL. I made money on my oil trade. leaps and shares. But I did come in here to actually gloat. You think BAC is not correlated with rates? the reason why they missed ER was due to lower interest rates.The reason they are up today when the market is red is because of interest rates. Yes, some banks are hedged, what about regional, commercial.. The textbook definition is the real definition what else do you want? MAJORITY of banks still make their money on lending... good luck, Yes, this is a real bounce in oil. I'll see you in the next couple months when WTI is over $60. |
bigvern1013 | 142 |
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Quote Originally Posted by wallstreetcappers: banks are the trade?Banks are long the treasury complex across the board..how does rates going up help the banks in any way?Banks long these bonds, notes etc will get smacked down and if the FED raises the discount rate, their cheap zero money is no longer..they will get squeezed on margins and the cost to leverage goes up quite a bit.Higher rates are bad for banks... Rates rising are good for bank profits....I don't think I need to explain to you how most banks make their money. "If the fed raises the discount rate " - this can be debated. Given the rise of the dollar, I don't think we see a rate increase in June. Let alone 2015. Good luck with your trades... |
bigvern1013 | 142 |
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i actually caught some of this pullback in the indices but since I didn't post it, I won't talk about it. back on feb/-16 i stated a pullback was coming. This is not it. Too many bears on this ride. I actually sold my remaining puts at the close and went long 1/3 position and will be adding to it. Under 2018 I will close out for a loss. A lot of support to the long side here. As you can see I bought March 3 and March 4 so short term ride up possible to first week of April, before another elevator down.
As you know my opinions/positions change as the market changes. This is how I am playing it. Good luck everyone. |
bigvern1013 | 142 |
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stopped out of UWTI - for net loss of 10%. Loaded up in spy march 3 and march 4 206 calls at the close and will be buying the dips to 2019-2022. I also loaded up in to aapl at the close. I will be adding the april 125 calls all the way down to 120. With a stop at 119. Good luck! I own a bunch of rig common avg 15.xx, along with oas avg 13.xx and eog with avg $85.xx had some from lower. I also added to my pgh position back to half a position. STAY SCARED EVERYONE!! It is possible to make new lows in WTI before a bounce. But I am holding here. BANKS WILL BE THE PLAY FOR 2015. just look at the ten year................ New highs before Q2 pullback
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bigvern1013 | 142 |
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CHA CHINGGGGGGGG!!!!! As posted, bought last week lows. uwti going to $4!
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bigvern1013 | 142 |
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Quote Originally Posted by azimm11: Trying to familiarize myself with the logo so I can follow what is going on. Here are some of the posts I'm referring to: -$CSX early P action: 5974+ Mar $34 P -$GOGO small sweep 900 Apr $19 C $1 -$WPZ Unusual call buying in Apr 55 C Any insight you can provide will be helpful! When it comes to tape reading you never know if it is a hedge. BUT I'll take a shot - 1. march $34 puts 5,974+ (fairly simple/volume in those $34 puts) 2. 900 april $19 calls bought at 1.00 ($100 each) someone bought 90k of the april 19 calls - according to the post. 3. 500X above average/normal action in the march 144 calls 4. and this is self explanatory... good luck bud. following the "smart money" is tough business. You need more then this to make an informed decision or we would all be millionaires. Not going to deny tape reading is an important tool of day trading, but 1 of a 100 tools needed, to make an informed decision. MAKE THAT $$$$$ |
azimm11 | 3 |
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buying common and long dated calls in a bunch of oil related companies (adding by tomorrow and through out the next couple weeks). rig, cvx, adding some to get
back to a full position in eog - same with oas, sdrl, slb, oxy, possibly rexx .until q3 - q3 end. wti futures $69 (38.2% fib retrace) or $78 (50% fib retrace) on deck. follow at your own risk!
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bigvern1013 | 142 |
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Quote Originally Posted by nature1970: be careful here the increased demand is due to severe cold in eastern usa and Europe. Make no mistake alternative energies is a serious threat to Saudi Arabia as well as interest in the oil game. The new king of Saudi Arabia wants anything at this point and all indications is to over flood the market with light sweet crude make alternative energy too expensive when the demand for number 2 heating oil diminishes the market will again start to fall in my humble opinion. i took it as a buying opp, imo. But what do I know. I just trade.. |
bigvern1013 | 142 |
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Quote Originally Posted by TheInstigator77: 130% in three mths..see ya in my tailights..so chillax..guess your not an option trader.. agreed. In the last 2.5-3 weeks i made an avg of 1000% in pcln alone. I bought pcln feb 3 1160 calls on 1/29 for avg of .75 - they traded as high as 13.00. if you been in the game long enough you know there are no certainties only probabilities... |
barrett89 | 30 |
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I will preface this with - I am not a financial advisor and you shouldn't be taking investment advice from most of these people. But given that statement - what is your risk tolerance? What are your investment goals? Investing isn't for everyone and if you are going to buy index funds stick to managing your 401k/IRA. I personally am a big believer of buying index funds but at these levels (after you could have tripled your money since 2008-2009) I am not chasing tops up here but leaving my long term longs. What is your time horizon? Do you want to day trade? Ask yourself at LEAST those questions before you make a decision because just like sports betting this sh!t isn't for everyone and you can blow $15,000 just as fast..... GOOD LUCK!
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barrett89 | 30 |
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Black swans included ;)
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bigvern1013 | 142 |
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I'll be bullish for another month or so give or take a couple weeks. I'll keep ya'll posted but I will start to build a short position in certain indices - sometime mid march (estimate). We need the bulls to come out in full force. No dogmatic bulls/bears will win in this market. Hopefully, we can get that 10%-12% dip soon so I can buy it up. 20% pullback would be amazingggggg! Good luck and don't be scared of volatility, embrace it and make $$$$$
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bigvern1013 | 142 |
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Quote Originally Posted by Caper03:
Quote Originally Posted by bigvern1013: OAS down .46 in premarket...CL trading inside of yesterday's range......51.91...wait and see mode for now. [/Quotei have been playing it beautifully. Sold and went long that wednesday. market is rallying. Every greece dip is a buying opp. Contrarian game theory. NEgotiations aren't suppoes to be easy or someone will be getting the short end of the stick. I am still bullish but there aren't any certainties in thsi market! good luck all and ill see you at new highs in the spx by the end of the month. Every dip is a buying opp!! Woo hooo |
bigvern1013 | 142 |
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[Quote: Originally Posted by bigvern1013] OAS down .46 in premarket...CL trading inside of yesterday's range......51.91...wait and see mode for now. [/Quote
i have been playing it beautifully. Sold and went long that wednesday. market is rallying. Every greece dip is a buying opp. Contrarian game theory. NEgotiations aren't suppoes to be easy or someone will be getting the short end of the stick. I am still bullish but there aren't any certainties in thsi market! good luck all and ill see you at new highs in the spx by the end of the month.
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bigvern1013 | 142 |
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i am short OAS and spy possibly to the end of the day tomorrow. Reset/pullback day. good luck all and I am glad you killed it Big Vern.
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bigvern1013 | 142 |
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