Author Topic: Stocks (Read 1203739 times)

ExGingi · « **Reply #3980 on:** March 13, 2020, 06:24:12 PM »

Quote from: EliJelly on March 13, 2020, 05:52:45 PM

Market on close would be great today

Might be, but this is a weekend, posing additional risks.

CountValentine · « **Reply #3981 on:** March 15, 2020, 06:41:53 PM »

Quote from: EliJelly on March 13, 2020, 05:52:45 PM

Market on close would be great today

Quote from: ExGingi on March 13, 2020, 06:24:12 PM

Might be, but this is a weekend, posing additional risks.

How are the futures doing?

ExGingi · « **Reply #3982 on:** March 15, 2020, 07:02:36 PM »

Quote from: CountValentine on March 15, 2020, 06:41:53 PM

How are the futures doing?

Down about 4.75%

Chairman Powell keeps asking reporters what their second question was during press conference now. He says they don't believe negative rates are in their future toolbox.

CountValentine · « **Reply #3983 on:** March 15, 2020, 07:06:06 PM »

Quote from: ExGingi on March 15, 2020, 07:02:36 PM

Down about 4.75%

Good thing I didn't buy on the close.

EliJelly · « **Reply #3984 on:** March 15, 2020, 07:25:58 PM »

Quote from: CountValentine on March 15, 2020, 07:06:06 PM

Good thing I didn't buy on the close.

Even better thing that you didn't just flush money down the toilet drain, however, selling on the close would be best.

ExGingi · « **Reply #3985 on:** March 15, 2020, 07:34:42 PM »

Quote from: CountValentine on March 15, 2020, 07:06:06 PM

Good thing I didn't buy on the close.

Why? Buy SPXS on the close might be a nice quick profit on the open.

CountValentine · « **Reply #3986 on:** March 15, 2020, 07:35:21 PM »

Quote from: EliJelly on March 15, 2020, 07:25:58 PM

Even better thing that you didn't just flush money down the toilet drain, however, selling on the close would be best.

So buy Tue when the market gets hammered Mon?

CountValentine · « **Reply #3987 on:** March 15, 2020, 07:36:39 PM »

Quote from: ExGingi on March 15, 2020, 07:34:42 PM

Why? Buy SPXS on the close might be a nice quick profit on the open.

Show me someone who bought/sold on Fridays close and I will show you a fool.

EliJelly · « **Reply #3988 on:** March 15, 2020, 07:40:45 PM »

Quote from: CountValentine on March 15, 2020, 07:35:21 PM

So buy Tue when the market gets hammered Mon?

Tuesday might be too late.

EliJelly · « **Reply #3989 on:** March 15, 2020, 07:41:06 PM »

Quote from: CountValentine on March 15, 2020, 07:36:39 PM

Show me someone who bought/sold on Fridays close and I will show you a fool.

I wish I would be that fool

ExGingi · « **Reply #3990 on:** March 15, 2020, 07:58:52 PM »

Quote from: EliJelly on March 15, 2020, 07:41:06 PM

I wish I would be that fool

Don't be so fast to say that. In these volatile markets the way futures trade doesn't necessarily mean how the market will open, or how it will trade during market hours.

EliJelly · « **Reply #3991 on:** March 15, 2020, 08:01:29 PM »

Quote from: ExGingi on March 15, 2020, 07:58:52 PM

Don't be so fast to say that. In these volatile markets the way futures trade doesn't necessarily mean how the market will open, or how it will trade during market hours.

Tomorrow will most likely be a tremendous drop. Anyway, Friday on the close was definitely much better than Friday on the open

dealfinder11 · « **Reply #3992 on:** March 15, 2020, 10:08:03 PM »

Quote from: CountValentine on March 15, 2020, 07:35:21 PM

So buy Tue when the market gets hammered Mon?

are you trying to time the markets? two days in advance?

CountValentine · « **Reply #3993 on:** March 16, 2020, 01:36:57 AM »

Quote from: dealfinder11 on March 15, 2020, 10:08:03 PM

are you trying to time the markets? two days in advance?

I guess you missed the point.

CountValentine · « **Reply #3994 on:** March 16, 2020, 10:00:16 AM »

Quote from: EliJelly on March 13, 2020, 02:24:55 PM

Figure it out. Good Shabbos.

Having a problem figuring out your system. @EliJelly
If today is a panic drop do I go all in on the close?

Zevwolf · « **Reply #3995 on:** March 16, 2020, 10:07:11 AM »

Quote from: CountValentine on March 16, 2020, 10:00:16 AM

Having a problem figuring out your system. @EliJelly
If today is a panic drop do I go all in on the close?

If it closes on the lows

ExGingi · « **Reply #3996 on:** March 16, 2020, 10:08:44 AM »

Quote from: ExGingi on March 15, 2020, 07:34:42 PM

Why? Buy SPXS on the close might be a nice quick profit on the open.

SPXS on Fri close and Monday open would have been a nice quick trade (assuming it would execute).

CountValentine · « **Reply #3997 on:** March 16, 2020, 10:11:26 AM »

Quote from: Zevwolf on March 16, 2020, 10:07:11 AM

If it closes on the lows

I would like to see your hands. How many cuts do you have trying to catch a fallen knife?

CountValentine · « **Reply #3998 on:** March 16, 2020, 10:12:25 AM »

Quote from: ExGingi on March 16, 2020, 10:08:44 AM

SPXS on Fri close and Monday open would have been a nice quick trade (assuming it would execute).

Not sure even experienced traders would have tried that.

ExGingi · « **Reply #3999 on:** March 16, 2020, 10:17:39 AM »

Quote from: nobiggy on February 27, 2020, 10:17:09 PM

If it keeps going down interest rates will be cut slowly again.
There have been other such risks and markets went down and the issues got sorted and then we were back on track.

So now that's two strikes. They didn't cut slowly. They slashed it super fast to 0%. And nothing seems to be "sorted out".