**OFFICIAL** Trading and Investing Thread- Part -X-

**iifymbro** · 12-09-2018, 02:26 PM

Originally Posted by RobParks2M

But in a market where ATHs keep coming and coming why would you want to be the first one to go all cash if you could keep riding the ride a little longer?

Liquidity issues probably. All the big players couldn't just nail the absolute top and dump everything. So they get out over time as it's approaching the top/in process of topping out. Then make up some bullchit narrative to feed the masses to avoid getting torch and pitchforked.

**Venom08** · 12-09-2018, 02:32 PM

The most important thing to know is that because neither of the three major US indices topped out at the same time, it is highly unlikely we are going to enter a bear market. Also, people have been calling a top since 2010 and I did not see any sort of euphoric buying that set the ATHs. Could we make a low in 2019? Sure, will it be below 21k on the DJIA? Unlikely.

**WhAtNoWbChSs** · 12-09-2018, 05:54 PM

futures red but I still think they pump tomorrow maybe. crypto is still being pumped.

**WhAtNoWbChSs** · 12-09-2018, 05:57 PM

crypto seems to be indirectly linked to SOXX

**mike.hunt** · 12-09-2018, 07:50 PM

No idea how to play tomorrow, Premium on SPY puts is getting insane. Vix calls too risky with it being so high. Oil seems to be finding a bottom, but who knows. Lots of oversold good companies out there, but they just keep dropping

**RobParks2M** · 12-09-2018, 09:36 PM

Originally Posted by mike.hunt

No idea how to play tomorrow, Premium on SPY puts is getting insane. Vix calls too risky with it being so high. Oil seems to be finding a bottom, but who knows. Lots of oversold good companies out there, but they just keep dropping

Yep feels weird. I'll get up for the open I suppose. Curious to see if we get a big move in the morning only to have it reverse midday. My investing days might be drawing to a close for the time being though

gonna have to put all my money into rebuilding my 6 month buffer. Down payments are no joke

**Kane_89** · 12-10-2018, 08:03 AM

ouch

**WhAtNoWbChSs** · 12-10-2018, 08:11 AM

Rip Financials. Wtf

**Venom08** · 12-10-2018, 09:26 AM

I think this is prepping for a slingshot move to the upside. First scare everyone with a panic sell off then rally so hard no one will know what to do. Wouldn’t be surprised if we see some months with 10-15% rallies in 2019

**mike.hunt** · 12-10-2018, 09:35 AM

Originally Posted by Venom08

I think this is prepping for a slingshot move to the upside. First scare everyone with a panic sell off then rally so hard no one will know what to do. Wouldn’t be surprised if we see some months with 10-15% rallies in 2019

Lmaoooo
Mirin dat never wavering permabull outlook

Ima just sit here in cash for a while cause this market is fubar

**dopamine72** · 12-10-2018, 10:19 AM

I'm with Venom and leaning more towards a big rally soon

Might still have to wait a bit

But once it comes mark my words the greed is strong and people will wanna get in on it before they miss out

I'm guessing q4 earnings gonna blow things up again...We'll see

**iifymbro** · 12-10-2018, 10:22 AM

This is some pretty clean af distribution so far. Won't be confirmed until a markdown happens but if this is what's going on, the dump hasn't even happened yet boyos this is still the top and smart money dumping on the moon boy's heads

What's a interdasting thought is this might just be PSY (preliminary supply dump basically) of a much fuking larger topping off in which case a buying climax is still to come.

**Comply_or_Die** · 12-10-2018, 10:44 AM

Saw this on another forum and thought it was interesting:

https://www.cnbc.com/2018/12/06/mark...e-to-stay.html

Article blames machine driven algorithms for volatility. Thoughts boyos?

**Venom08** · 12-10-2018, 11:02 AM

Originally Posted by dopamine72

I'm with Venom and leaning more towards a big rally soon

Might still have to wait a bit

But once it comes mark my words the greed is strong and people will wanna get in on it before they miss out

I'm guessing q4 earnings gonna blow things up again...We'll see

I'm seriously not seeing any pullback past Q1 2019 with a low around 21k max.

Everyone is so fuking bearish and we're literally flat for the year. LOLOLOL

**Venom08** · 12-10-2018, 11:03 AM

Originally Posted by Comply_or_Die

Saw this on another forum and thought it was interesting:

https://www.cnbc.com/2018/12/06/mark...e-to-stay.html

Article blames machine driven algorithms for volatility. Thoughts boyos?

I blame Fake News scaring foreign investors away from the US with constant articles about impeaching Trump

**Venom08** · 12-10-2018, 11:53 AM

Originally Posted by Venom08

I have mild support coming up at 24,380 on /YM (Dow futures) otherwise targeting 23,995. Fukkkkk this **** and fuk you Euro.

Broke below 24380 and crashed down to 23881. Strong bounce we're green now at 24400. Successful test and bounce off 23995 could potentially have made today the bottom and we rally the remainder of the week. Prob chop into the year end close though.

**ghostfacedup** · 12-10-2018, 01:21 PM

I use Vanguard's as well.

Everyone is saying this is it for the s&p, hold on to your butts. Every trader I follow is saying this is it. Be careful out there.

**Comply_or_Die** · 12-10-2018, 01:27 PM

Originally Posted by ghostfacedup

I use Vanguard's as well.

Everyone is saying this is it for the s&p, hold on to your butts. Every trader I follow is saying this is it. Be careful out there.

Serious? S&P about to have angus pepper'd? Damn son.

**ghostfacedup** · 12-10-2018, 01:34 PM

Originally Posted by Comply_or_Die

Serious? S&P about to have angus pepper'd? Damn son.

No one really knows https://www.youtube.com/watch?v=TRAljeChWDs

**Comply_or_Die** · 12-10-2018, 01:55 PM

Some guy in the comments:

'I think you are right and we go to about 1250 on the S&P'

Lol imagine

**Venom08** · 12-10-2018, 02:12 PM

This is beautiful. Everyone's going into bonds (the only bubble out there) and calling for 50% crash in the indices. Buy buy buy buy buy

**ghostfacedup** · 12-10-2018, 02:21 PM

Originally Posted by Venom08

This is beautiful. Everyone's going into bonds (the only bubble out there) and calling for 50% crash in the indices. Buy buy buy buy buy

Way too much uncertainty in every market right now imo. Thing is, our economy is pretty strong.

**Venom08** · 12-10-2018, 02:28 PM

Originally Posted by ghostfacedup

Way too much uncertainty in every market right now imo. Thing is, our economy is pretty strong.

There's also lots of money on the sidelines. I also did not see any sort of buy climax when the ATH's were set. With this nonsense of impeaching Trump, it is to be expected money will get scared but nothing of the sort will happen so we'll resume the rally sooner or later.

**Berts** · 12-10-2018, 02:52 PM

Originally Posted by nonce91

I hope everything keeps crashing, I always keep a stack of cash to accumulate.

This, I have a set amount I spend weekly for times like this. I'm horrible at timing the market so I do the only think I know how, keep buying/DCA'ing and hold.

**mike.hunt** · 12-10-2018, 05:03 PM

90% of options volume is focused on BAC & AAPL calls lol they just keep drilling

**ghostfacedup** · 12-10-2018, 05:50 PM

Originally Posted by Venom08

There's also lots of money on the sidelines. I also did not see any sort of buy climax when the ATH's were set. With this nonsense of impeaching Trump, it is to be expected money will get scared but nothing of the sort will happen so we'll resume the rally sooner or later.

Yup, it's pretty disgusting what dems are doing right now. Trump is trying to secure the country for the future and they are throwing tantrums scaring everybody, including the market. What a shame.

**Venom08** · 12-10-2018, 06:24 PM

Originally Posted by ghostfacedup

Yup, it's pretty disgusting what dems are doing right now. Trump is trying to secure the country for the future and they are throwing tantrums scaring everybody, including the market. What a shame.

They're biggest hope is to turn the country into a recession, scream "look what Trump did to the economy!! Lowering taxes and stopping the fight against climate change is bad for America! REEEEEEEEEEE!!!"

**Comply_or_Die** · 12-11-2018, 02:16 AM

Originally Posted by ghostfacedup

Yup, it's pretty disgusting what dems are doing right now. Trump is trying to secure the country for the future and they are throwing tantrums scaring everybody, including the market. What a shame.

Thing is in the short term things were always gonna be volatile in America with Trump and UK with Brexit, as the status quo and existing equilibrium was shattered. But you just need to think about it logically; in the short term markets are gonna fluctuate and be volatile whilst a new equilibrium is established, but long term things are gonna peter out.

If Trump makes America as competitive as he envisions it'll probably lead to even greater returns over in the US in the long run. But people are panicking and the media are pushing their headlines. I do feel for those retiring in the next few years though as investments will have taken a hit. They are the ones that are really panicking as to whether to stick or twist.

**Venom08** · 12-11-2018, 09:09 AM

Looks a lot like the thousand point spike off the lows last week followed by a huge sell off and new lows. I don't think we'll get that right now even though we're in the red after opening up 350 points. I think we rally all week. Euro is taking a beating.
Money is flowing into US equities and the $ with all the uncertainty in Europe. Germany, France, and some other country are on fire. Smart money is taking money out of that continent and the US is the only safe haven.

**mike.hunt** · 12-11-2018, 09:21 AM

Trump ruins the day again
Feel like I’m watching SNL not real political leadership

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