milwaukee mike Posted October 10, 2018 Report Share Posted October 10, 2018 dragging the dow down 800 and the nasdaq down 300 3rd largest point decline ever Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 10, 2018 Report Share Posted October 10, 2018 I pulled out of about 40 % of my exposure on Mon, thank god. Quote Link to comment Share on other sites More sharing options...
IAG Posted October 10, 2018 Report Share Posted October 10, 2018 Wow. I guess I should have sold my AMD? Geez...VIG down over $3 also. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted October 10, 2018 Author Report Share Posted October 10, 2018 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 Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted October 10, 2018 Report Share Posted October 10, 2018 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. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted October 10, 2018 Author Report Share Posted October 10, 2018 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 Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted October 10, 2018 Report Share Posted October 10, 2018 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... Quote Link to comment Share on other sites More sharing options...
IAG Posted October 10, 2018 Report Share Posted October 10, 2018 how could any gambler like a fund with the symbol VIG Lol. That’s partly why I liked it! Quote Link to comment Share on other sites More sharing options...
IAG Posted October 10, 2018 Report Share Posted October 10, 2018 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. Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted October 10, 2018 Report Share Posted October 10, 2018 Biggest crashes ever are in October 192919872018 Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted October 10, 2018 Report Share Posted October 10, 2018 Biggest crashes ever are in October 192919872018 Brock for the next 365 days, is the stock overall gonna be going up or down? Quote Link to comment Share on other sites More sharing options...
Colonel Lingus Posted October 10, 2018 Report Share Posted October 10, 2018 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 Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted October 10, 2018 Report Share Posted October 10, 2018 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 existsJust 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. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted October 10, 2018 Author Report Share Posted October 10, 2018 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 Quote Link to comment Share on other sites More sharing options...
IAG Posted October 10, 2018 Report Share Posted October 10, 2018 Think carefully before you answer this brockMillions of ordinary peoples 401k’s depend on youLolol Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted October 10, 2018 Report Share Posted October 10, 2018 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 Quote Link to comment Share on other sites More sharing options...
ajt Posted October 10, 2018 Report Share Posted October 10, 2018 trump says the fed has gone crazy So, it's probably going to be UPFuck... Quote Link to comment Share on other sites More sharing options...
theguesser Posted October 10, 2018 Report Share Posted October 10, 2018 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 , I'll take the short term pain for the long term gain. Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 10, 2018 Report Share Posted October 10, 2018 Biggest crashes ever are in October 192919872018Listen dope, an 830 pt drop from 26000, is not equal to a 550 pt drop from 2500? Just shut the fuck up. Quote Link to comment Share on other sites More sharing options...
sleepy Posted October 10, 2018 Report Share Posted October 10, 2018 This shit never happened when Obama was president fuk trump Quote Link to comment Share on other sites More sharing options...
Dingo Posted October 10, 2018 Report Share Posted October 10, 2018 This is nothing compared to the dot com meltdown Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 11, 2018 Report Share Posted October 11, 2018 I lost 10 grand today and I pulled way back, oh well, I have dry powder. Quote Link to comment Share on other sites More sharing options...
RealSlimShady Posted October 11, 2018 Report Share Posted October 11, 2018 Call me crazy but I'm dipping my toes into the Chinese stocks here.... Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted October 11, 2018 Report Share Posted October 11, 2018 I lost 10 grand today and I pulled way back, oh well, I have dry powder.Thank god for free Big Macs Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 11, 2018 Report Share Posted October 11, 2018 Call me crazy but I'm dipping my toes into the Chinese stocks here.... :laugh :laugh Quote Link to comment Share on other sites More sharing options...
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