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Threelot
Favorite team: | LSU |
Location: | Abraham's Oasis |
Biography: | Marine. Pilot to LSU athletics. ISIS worst nightmare. |
Interests: | HME discovery and elimination |
Occupation: | Flow master, Bombardier DHC8 |
Number of Posts: | 85 |
Registered on: | 10/7/2017 |
Online Status: | Not Online |
Recent Posts
Message
re: How many points will the market drop tomorrow?
Posted by Threelot on 3/30/20 at 4:00 pm
[quote]Shorts need squeezed a bit more.[/quote]
Like freshly squeezed OJ.
Started building short position today. Buying SQQQ. My first target is 1800 SPX by summer...probably much sooner.
...
re: How many points will the market drop tomorrow?
Posted by Threelot on 3/30/20 at 5:56 am
I wouldn't be buying puts in this environment, particularly if you don't know what you're doing. IV is way too high. You could be right on direction and still lose your arse....
re: How many points will the market drop tomorrow?
Posted by Threelot on 3/30/20 at 5:51 am
Shorts need squeezed a bit more. We're heading higher, but the lows are not in by any stretch. Elliot Wave analysis that I've read suggests a 5th wave due up to the 2700+ SPX area.
Too many shorts. They need to pay first before we head lower.
Futures positive now across the board....
re: How bad will the Dow tank tomorrow with no vote tonight?
Posted by Threelot on 3/25/20 at 10:17 pm
[quote]More likely Trump's Easter back-to-work commitment caused the Lion's Share market surge.[/quote]
This is correct, or at least why I flipped long after the failure to take out 2200 SPX cleanly. Long airlines and hedged with SQQQ going into tomorrow. 0730 jobless claims could rock this mar...
re: monday stock circuit breakers estimated count
Posted by Threelot on 3/23/20 at 6:53 am
"Treason
Pure simple treason"
Nah, little trumpster, I'm a capitalist that understands that there are 2 sides to a market...and it's a zero sum game.
You want a participation trophy?
...
re: Fed's Bullard Warns Unemployment May Soar To 30%, GDP Crash 50% In Q2
Posted by Threelot on 3/23/20 at 6:48 am
[quote]Called it.[/quote]
It took all of 4 minutes after the open. Historic...
re: TRUMP: “I've always known this is a — this is a real — this is a pandemic."
Posted by Threelot on 3/23/20 at 6:04 am
Please don't bother these people with facts. I'd just as soon take their money. I'm sure they all think the selling and the dying will be over soon....
re: monday stock circuit breakers estimated count
Posted by Threelot on 3/23/20 at 5:26 am
TVIX will be your friend today....
re: Time to end the darn panic - the worst case is way overstated!!
Posted by Threelot on 3/22/20 at 11:02 pm
[quote]States are shutting down, not Trump...he said it best, some places are handling it very well[/quote]
Really? I can't get to Iraq for work because of states' decisions? Don't think so. I can't get to Iraq precisely because of his decisions. ...
re: Swine flu killed 17,000 Americans that happened on Obama’s watch
Posted by Threelot on 3/22/20 at 10:56 pm
[quote]It won’t end well for anyone[/quote
You are correct, it won't. And 17k will be a fraction of the end result....
re: Swine flu killed 17,000 Americans that happened on Obama’s watch
Posted by Threelot on 3/22/20 at 10:29 pm
This will not end well for you....
re: I Am Beginning To Tire...
Posted by Threelot on 3/22/20 at 9:43 pm
The word "beginning" is in your subject line. I suggest you look up the meaning....
re: Trump isn't stupid or a politician
Posted by Threelot on 3/22/20 at 9:19 pm
They're late to the party and that's the problem. An economy had to be protected, until it couldn't. And then math happens....
re: German Epidemiologist Explaining Coronavirus Pandemic is a Hoax
Posted by Threelot on 3/22/20 at 9:17 pm
This must be the real news, as opposed to the fake news we hear so much about....
re: Stock market predictions 3/20-11/3
Posted by Threelot on 3/22/20 at 9:06 pm
One more point to be made about the 4 minute limit down of the S&P futures. Historic...it has never happened this fast...EVER. It is screaming at you, people. Listen!
What is happening in the world is real. And it is devastating on so many levels. Open your eyes and protect what gains you ...
re: Stock market predictions 3/20-11/3
Posted by Threelot on 3/22/20 at 8:43 pm
[quote]We will be at 15,000 by the end of the year[/quote]
Skeezer, I have a Skeeter, so that's close enough for me to like you. There's sanity in your projection....
re: Stock market predictions 3/20-11/3
Posted by Threelot on 3/22/20 at 8:37 pm
[quote]Guessing where the markets will be in November is an absolute crapshoot right now.[/quote]
No it's not. I won't put a number on the SPX, just that it will be much lower than it is now. ...
re: Stock market predictions 3/20-11/3
Posted by Threelot on 3/22/20 at 8:31 pm
[quote]I expect S&P futures to be lock limit down Sunday night before midnight.[/quote]
I was off slightly. Took 4 minutes after the open. Bounced since then, to trap more longs.
I'm not a social media guy. I'm an LSU fan, with an interest in politics and the markets...and military stuff,...
re: Stock market predictions 3/20-11/3
Posted by Threelot on 3/21/20 at 4:06 am
It's not a crapshoot. It's far from a crapshoot. SPX closed near it's weekly low taking out the low from 12/18 and closed below it. SPY made new lows in the PM and closed at the low of the week. It's telling you something. You should listen.
I expect S&P futures to be lock limit down Sunday n...
re: Stock market predictions 3/20-11/3
Posted by Threelot on 3/20/20 at 10:52 pm
This is the beginning of a bear market. And it's going to last years. The virus is nothing more than a pin prick to burst the bubble that was long overdue to be deflated.
I expect the dead cat to bounce only once the virus is under control. It will look like the bull is back and will die a pa...
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