Home Forums Wealth I just typed one of my greatest posts and it didn’t post

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    • #11510
      BigBalls
      Participant

      I’m not typing all that shet again.

      I will just say its TACO TUESDAY.

       

      Edit: 4:05 PM, yep TACO being served. Cease fire announced, the thing is do the “crazy bastards” even know they agreed to a cease fire?

      • This topic was modified 21 hours, 31 minutes ago by BigBalls.
    • #11514
      RWC
      Participant

      And what a surprise the futures jump 600 pts! pre market. Oh yea and oil tumbles of course so prices at the pump will look a little better.

      You’re right, manipulation at its finest it’s becoming pretty obvious.

    • #11527
      Java
      Keymaster

      I’m not sure it’s a daily manipulation, but I can tell you that when temporary things jolt in the market one way or the other there’s definitely an opportunity to take advantage

      I sold put on Amazon at 200 because of it dropped there. I thought it was a good deal and I needed something to do with the 2 million I had left over from that building sale

       

      so I had 10,000 puts sold them for $3.50 each that’s $35,000 Amazon drop to $199. I was forced to buy it

      I then turned around and immediately sold a call on it for $1.90 at 200 so if it just stayed where it was or bumped a dollar I was going to make $19,000 that direction not bad $54,000 in two weeks just for a stock that floats down and floats up again so now I’m up 54,000

      but then Amazon starts drifting up 205 to 10 so I buy it out and for the same price I bought it out for re-sold it a week or two later at 202.50 considering the price at this time is 2:05 or 210. You might ask. Why did I do that? I did it because that was the price I could get to sell the next call for the same price at least in the future that I had bought it out for at 200 so that now means that if I’m cashed out at 2o2.5. I will have made 54,000+25,000 on the deal that’s a gain of $79,000 in a week or two not bad

      last I checked this little market bump had sent Amazon back to about $220 so if I can possibly buy it out at 202.50 and for the same price, I buy it out resell it for 205 or 210 a month or two down the road and Amazon stays at 2:15 or 220. It means I will be forced out at 2:10 if you’re keeping score at home that would be a gain of $154,000 if I can figure out a way not to be cashed out of it maybe I’ll just ride this little Amazon train back up to the top

       

      the point is rather than sitting on my butt, watching the world go by pretending to listen to Warren Buffett, and shoving gold bars up my Pooter.  I and many people who think like me are actively looking for opportunities to chisel out $5000 here $10,000 there 20,000 here and pretty soon we’ve got some real money on our hands. We all know it can turn around quick, but in the world of options I’m up $520,000 so far this year I like sideways markets

      • #11533
        BigBalls
        Participant

        There is a tremendous opportunity to make a lot of money under this administration. The pattern is clear.  Trump cares A LOT about taking care of the Street,  and he could give two squirts of piss for the regular folks.
        Watch for the head fakes and do the opposite. Oil is absolutely crashing today. When the administration pumps up something short it, when they trash something go long.

    • #11528
      RWC
      Participant

      I wasn’t referring to daily manipulation but more to your second point when temporary things jolt the market one way or another providing an opportunity to take advantage. Just who is the big beneficiary of these giant one day swings that come out of nowhere?

      Don’t you find it a little peculiar that Trump comes out with these announcements just about the time the market has been experiencing ongoing heavy selling and he’s losing popularity with voters? Remember the on again off again with tariffs, the swings were incredible. Cease fire for 2 weeks lol and the market opens up 1300 pts. It’s crazy.

      Wouldn’t it be nice to be among the few lucky ones to know about his market jolting announcement in advance. Nice going with the options trading and you’re a sophisticated enough investor to profit nicely from the trade and be in the elite group, but for the average investor they’re on the outside looking in.

      • #11529
        BigBalls
        Participant

        🎯 You nailed it. I pointed this out during the early days of the tariffs.

        What I typed yesterday that didn’t post was to look for  a huge move today in the market.The stock market started down big yesterday then ended with an inexplicable rally just before the close. Why? Because something was happening and it wasn’t going to be the “ end of civilization in Iran”. The Street always knows and I inferred that an extension of the deadline was coming and the word had leaked.

        There are people trading on inside information in the most blatant way.

        • This reply was modified 3 hours, 43 minutes ago by BigBalls.
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