They are doing everything wrong. They should have waited for the
meeting but couldn't wait. It smells of panic which is exactly what
the market didn't need. Such amateurs.
Beware these public announcements. Icahn was buying hand over
fist last week. Here are some snippets from WSJ article. "
And in Miami, Carl Icahn was just off the tennis court. As oil
prices fell, he thought about
Occidental PetroleumCorp.,
the energy company he has been publicly sparring with for months.
Shares closed the prior Friday at $26.86. The billionaire investor
phoned his lieutenant in New York with a buy order.
“10 to 20 million shares. And do it at $20 or better.”
And further down...
Tuesday
Keep buying, Mr. Icahn told his traders. He had bought $380
million in shares of Occidental already this week, paying around
$17 apiece. At noon, the company announced a steep cut to its
dividend. By the end of the day, Mr. Icahn had purchased another
$400 million for less than $14 each
Circuit breakers in force for up-move limit. Shorts are going to
get crushed today.
https://www.cnbc.com/2020/03/12/futures-stock-market-coronavirus-concerns.html
Thanks for posting Pmahoney. Lately the so called "dumb money"
has been pretty smart. Piling into bonds for weeks and buying up
Rydex bear funds. I wish I were so dumb.LOL
The community is delayed by three days for non registered users.
What is the equivalent stop
beautiful example of 15 min SSO using a trend type system
Posted by tgo5043 on 26th of Mar 2020 at 03:45 pm
What is the equivalent stop on SPY Matt? Thanks!
Right at the 38.2 Fib
Posted by tgo5043 on 26th of Mar 2020 at 11:00 am
Right at the 38.2 Fib retracement on the SPX. (Of the entire correction)
Wash, rinse and repeat. lol
Posted by tgo5043 on 23rd of Mar 2020 at 11:57 am
Wash, rinse and repeat. lol
From Charles Kirk
Posted by tgo5043 on 23rd of Mar 2020 at 11:11 am
From Charles Kirk
I was asking the same
What's with OXLCO?
Posted by tgo5043 on 18th of Mar 2020 at 05:35 pm
I was asking the same thing. Dang!
Son: Dad how do you
Posted by tgo5043 on 18th of Mar 2020 at 02:51 pm
Son: Dad how do you make a million dollars in the stock market?
Dad: Start with two million....
Retesting the 2018 low on
Posted by tgo5043 on 18th of Mar 2020 at 09:49 am
Retesting the 2018 low on SPX
Washington Post reports White House
Posted by tgo5043 on 17th of Mar 2020 at 02:44 pm
Washington Post reports White House open to sending checks directly to all Americans as stimulus.
Very good advice Ssaffer
EW
Posted by tgo5043 on 16th of Mar 2020 at 01:52 pm
Very good advice Ssaffer
They are doing everything wrong.
Federal Reserve Cuts Rates to Zero and Launches Massive $700B ...
Posted by tgo5043 on 16th of Mar 2020 at 07:42 am
They are doing everything wrong. They should have waited for the meeting but couldn't wait. It smells of panic which is exactly what the market didn't need. Such amateurs.
Beware these public announcements. Icahn
https://www.cnbc.com/2020/03/13/icahn-reveals-his-biggest-short-position-amid-market-turmoil-commercial-real-estate.html
Posted by tgo5043 on 15th of Mar 2020 at 10:41 am
Beware these public announcements. Icahn was buying hand over fist last week. Here are some snippets from WSJ article. "
And in Miami, Carl Icahn was just off the tennis court. As oil prices fell, he thought about Occidental PetroleumCorp., the energy company he has been publicly sparring with for months. Shares closed the prior Friday at $26.86. The billionaire investor phoned his lieutenant in New York with a buy order.
“10 to 20 million shares. And do it at $20 or better.”
And further down...
Tuesday
Keep buying, Mr. Icahn told his traders. He had bought $380 million in shares of Occidental already this week, paying around $17 apiece. At noon, the company announced a steep cut to its dividend. By the end of the day, Mr. Icahn had purchased another $400 million for less than $14 each
H&S pattern to trigger?
Posted by tgo5043 on 13th of Mar 2020 at 09:01 am
H&S pattern to trigger?
Circuit breakers in force for
Posted by tgo5043 on 13th of Mar 2020 at 08:25 am
Circuit breakers in force for up-move limit. Shorts are going to get crushed today. https://www.cnbc.com/2020/03/12/futures-stock-market-coronavirus-concerns.html
My son is 34 and
Posted by tgo5043 on 12th of Mar 2020 at 04:11 pm
My son is 34 and he is hearing about friends being laid off left and right. Boy companies react quickly!
Thanks for posting Pmahoney. Lately
Smart vs. Dumb money vs SPX
Posted by tgo5043 on 11th of Mar 2020 at 09:11 am
Thanks for posting Pmahoney. Lately the so called "dumb money" has been pretty smart. Piling into bonds for weeks and buying up Rydex bear funds. I wish I were so dumb.LOL
Black Monday II ?
Posted by tgo5043 on 9th of Mar 2020 at 09:09 am
Black Monday II ?
Super moon on Monday. FYI
Posted by tgo5043 on 6th of Mar 2020 at 11:55 am
Super moon on Monday. FYI all
Thanks for sharing!
Airlines oversold in historic manner. Bought May 15 calls atm ...
Posted by tgo5043 on 4th of Mar 2020 at 04:35 pm
Thanks for sharing!
Looks like Bernie was the
Posted by tgo5043 on 4th of Mar 2020 at 04:06 pm
Looks like Bernie was the markets biggest fear.
Large Cup and Handle triggered.
Posted by tgo5043 on 4th of Mar 2020 at 03:54 pm
Large Cup and Handle triggered.