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**tech stocks getting bitch slapped

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62 replies to this topic

#1
milwaukee mike

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dragging the dow down 800 and the nasdaq down 300

 

3rd largest point decline ever



#2
mikeman

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I pulled out  of about 40 % of my exposure on Mon, thank god.



#3
IAG

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Wow. I guess I should have sold my AMD?

Geez...VIG down over $3 also.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>SP NATION

...because the deafening roar of indefinite war is epic.

#4
milwaukee mike

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Wow. I guess I should have sold my AMD?

Geez...VIG down over $3 also.

 

how could any gambler like a fund with the symbol VIG



#5
MonkeyF0cker

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I was going to short NVDA the other day. Was looking at November 285 strikes because I think the waning demand for crypto mining will really start affecting their top line and their earnings come out on 11/8. Didn't pull the trigger. Kicking myself today.

#6
milwaukee mike

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I was going to short NVDA the other day. Was looking at November 285 strikes because I think the waning demand for crypto mining will really start affecting their top line and their earnings come out on 11/8. Didn't pull the trigger. Kicking myself today.

 

nvda and tsla are the only 2 stocks i have long puts on... i'm short puts (bullish position at lower prices) on bbby/cde/gis/ko/yy

 

yy is an interesting one, the value of their cash and 1/2 ownership of huya is about the same as current stock price, yet you can get decent money selling stuff like $65 puts... options market assumes way more downside possibility than actually exists



#7
Monitor-Tan

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Wow. I guess I should have sold my AMD?

Geez...VIG down over $3 also.

 

at least you didn't buy more amd, fully monty always gives best advice to iag...


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#8
IAG

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how could any gambler like a fund with the symbol VIG



Lol. That’s partly why I liked it!
"One day you're the cock of the walk, the next you're a feather duster."<br><br>SP NATION

...because the deafening roar of indefinite war is epic.

#9
IAG

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at least you didn't buy more amd, fully monty always gives best advice to iag...


This is true. You saved me there. Do wish I would have sold though, but still up over 200 percent since Dec.
"One day you're the cock of the walk, the next you're a feather duster."<br><br>SP NATION

...because the deafening roar of indefinite war is epic.

#10
Axl Rose 2018

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Biggest crashes ever are in October

1929
1987
2018
INTERVIEWER: Would you say that you write your music for the man on the street?


SID VICIOUS: No, I've met the man on the street, he's a cunt.

#11
Monitor-Tan

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Biggest crashes ever are in October

1929
1987
2018

 

Brock for the next 365 days, is the stock overall gonna be going up or down?


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#12
tjd

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Brock for the next 365 days, is the stock overall gonna be going up or down?


Think carefully before you answer this brock

Millions of ordinary peoples 401k’s depend on you

#13
MonkeyF0cker

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nvda and tsla are the only 2 stocks i have long puts on... i'm short puts (bullish position at lower prices) on bbby/cde/gis/ko/yy

yy is an interesting one, the value of their cash and 1/2 ownership of huya is about the same as current stock price, yet you can get decent money selling stuff like $65 puts... options market assumes way more downside possibility than actually exists


Just buying at the money puts was expensive. I was looking at $10-$11 per contract for NVDA. Implied volatility was high already. Would have tripled my money in a few days though.

#14
milwaukee mike

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Just buying at the money puts was expensive. I was looking at $10-$11 per contract for NVDA. Implied volatility was high already. Would have tripled my money in a few days though.

 

same with tsla, bite the bullet anyway, those 2 stocks are going down

 

nvda isn't gonna make $8/share next year, and even if they did, that would be 30 times peak earnings for a fad chip company... wouldn't surprise me to see that stock at $50 in 2 years

 

and tsla is on the path to obsolescence... they continue to lie about their projections and pretty much everything else, the 2018 version of enron



#15
IAG

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Think carefully before you answer this brock
Millions of ordinary peoples 401k’s depend on you


Lolol
"One day you're the cock of the walk, the next you're a feather duster."<br><br>SP NATION

...because the deafening roar of indefinite war is epic.

#16
Axl Rose 2018

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Brock for the next 365 days, is the stock overall gonna be going up or down?

trump says the fed has gone crazy

So, it's probably going to be UP
INTERVIEWER: Would you say that you write your music for the man on the street?


SID VICIOUS: No, I've met the man on the street, he's a cunt.

#17
ajt

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trump says the fed has gone crazy

So, it's probably going to be UP


Fuck...

#18
theguesser

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Luckily most folks in stocks made so much money in Obama's market, they can afford a downturn in the Idiots Trade War market downturn.   But it still sucks.  But if it leads to the needed tenor.gif?itemid=12363321, I'll take the short term pain for the long term gain.  


GreedyThreadbareHuia-size_restricted.gif


#19
mikeman

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Biggest crashes ever are in October

1929
1987
2018

Listen dope, an 830 pt drop from 26000, is not equal to a 550 pt drop from 2500? Just shut the fuck up.



#20
sleepy

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This shit never happened when Obama was president

 

fuk trump



#21
Dingo

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This is nothing compared to the dot com meltdown

#22
mikeman

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I lost 10 grand today and I pulled way back, oh well, I have dry powder.



#23
RealSlimShady

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Call me crazy but I'm dipping my toes into the Chinese stocks here....



#24
WeinkeToWarrick

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I lost 10 grand today and I pulled way back, oh well, I have dry powder.


Thank god for free Big Macs

#25
mikeman

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Call me crazy but I'm dipping my toes into the Chinese stocks here....

:laugh :laugh :laugh

 

:laugh :laugh :laugh






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