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re: I have been trimming positions all day
Posted on 2/5/23 at 9:00 pm to bayoubengals88
Posted on 2/5/23 at 9:00 pm to bayoubengals88
quote:
This is a sure way to lose 100%
Sold OI when it hit 50%, they went back down afterwards. Letting the freebies run, glad I did.
This post was edited on 2/6/23 at 6:05 am
1
Posted on 2/6/23 at 9:06 am to go ta hell ole miss
quote:
I read it in almost every financial news organization in the world in August 2020. He sold at the worst possible time only to buy back in and cost his fund about $2 billion at one of the worst possible times. If you are following Oxy because of Warren you are misguided. Yes, it has been profitable lately, but Warren has missed on this trade twice, so just because he is adding more is most definitely not automatically a good sign
I’ve been in OXY since $12. If you read that in 2020 he sold when I was buying it up. So I’m definitely not in because of him. Having been in it and trading options as well, I know he been adding but the past year or two.
It hasn’t been profitable the past couple months. It’s down but I always add when it’s close to $$60.
This post was edited on 2/6/23 at 9:07 am
Posted on 2/6/23 at 9:33 am to thelawnwranglers
I’ve trimmed and sitting 80% cash since last Wednesday, trying not to watch. The retractment this morning prob means further running this week, but I’m confident it’ll keep dropping in future
Posted on 2/6/23 at 9:36 am to SpeedyNacho
Averaging down a stupid AKBA hold has been paying off this week
Posted on 2/17/23 at 6:27 am to bayoubengals88
I told you my man. Market coming back down. Might see 390 next week on SPY.
Hourly daily weekly and monthly candles all turned red yesterday.
Hourly daily weekly and monthly candles all turned red yesterday.
This post was edited on 2/17/23 at 6:29 am
Posted on 2/17/23 at 9:38 am to go ta hell ole miss
quote:
Warren and Berkshire have been horrible with OXY. Owned 18% of the company in 2020 and sold all of it.
You mean when everything crashed?
Posted on 2/17/23 at 10:39 am to bayoumuscle21
quote:
Hourly daily weekly and monthly candles all turned red yesterday.
Yep.
The big boy (Wave 3 down) got started this week.
Feb. 14 the VIX Whale ‘50 Cent’ came back and put down huge wagers in the options market that VIX hits 50 by May expiration.
This post was edited on 2/17/23 at 10:40 am
Posted on 2/17/23 at 1:10 pm to bayoumuscle21
quote:
Letting the freebies run, glad I did.
I bet so. You must have loved yesterday and today. Swish - 3 pointer from the corner!
Posted on 2/23/23 at 12:34 pm to bayoumuscle21
I hope someone made money off of this.
Posted on 2/23/23 at 2:19 pm to thelawnwranglers
I'm 37, I got time.
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