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Steve and Matt - are

Posted by ssaffer on 5th of Jun 2020 at 06:02 pm

Steve and Matt - are you seeing any signs of a short term exhaustion?   9 calls for every 1 put.  

Its all good on the Moon.  

I try to do what everyone else is not doing.    At this point at my career.  I do all my pre-work on the weekend and then when I see something I just jump on it, I dont really think about it.  I think if you follow Matt and Steve's different trade ideas you should be doing really well.  

Going to buy an Abrams

Posted by ssaffer on 4th of Jun 2020 at 04:24 pm

Going to buy an Abrams tank with my WORK Put options.  This way I can drive into town and get my coffee without a brick hitting me:)  

They all look ripe for

SPX 60 and 15 min

Posted by ssaffer on 4th of Jun 2020 at 04:22 pm

They all look ripe for shorts or puts short term for now.   FB especially.  

TDOC - another market favorite.

Posted by ssaffer on 4th of Jun 2020 at 04:18 pm

TDOC - another market favorite.  People pushed this thing up to crazy valuation.   What a great short.  I love when I get the "shark fin" on the MACD.  This is best short I have open.  

WORK (Slack Tech).  People pushed

Posted by ssaffer on 4th of Jun 2020 at 04:16 pm

WORK (Slack Tech).  People pushed this stock up in the last 3 days to 23x earnings.   Ridiculous valuation.   I went short yesterday (and short on the NASDAQ, QQQ's too) and bought June 19 PUTS  ATM on the close today.  Stock down 13% so far AH.   Too much giddiness out there on these types of stocks.   Love it. 

higher probability it is  Down

SPX 60 and 15 min

Posted by ssaffer on 4th of Jun 2020 at 04:13 pm

higher probability it is  Down tomorrow.   Everyone knows the stats so the market makers will bring it down to shake out and then cover puts. 

Good Work.  I shorted the stock AH.  Too much giddiness. Look for a scalp before 6/4 earnings report.  

they are, we just have to play along so we can make money from it.   

It was amazing to watch yesterday, I do not watch much tv news but yesterday was a day to tune in.   I think it is important to Americans to feel like "Americans" again.  To be innovators in not just social media apps.  But tangible products that change the future.    

I do believe that the bullishness for Gold and Silver are reaching high levels and the market is always smarter than all of us.  My feeling is we see a short term top this week.  Corrections are health but Gold and Silver correct pretty hard when they do.   But Price rules.  

Steve - That means we are in the midst of another Tulip bubble.   

A lot of people are "playing the market" with their stimulus money because they are stuck at home not working or refusing to go back to work because they think that they have a new career day trading.  Most will lose it all in a couple of months.   Gambling.   The dumb money has now surpassed the smart money.  The same ratio was in February 2020. 

in SCO this am.   

Crude selling off - SCO higher 

Posted by ssaffer on 27th of May 2020 at 10:49 am

in SCO this am.   

UNG.

Posted by ssaffer on 26th of May 2020 at 01:46 pm

UNG.

GNC up almost double since

Posted by ssaffer on 26th of May 2020 at 01:13 pm

GNC up almost double since i posted last week.  This weeks special sale is:  BBW (build a bear workshop).    Do your DD.  

The market is not up

Posted by ssaffer on 26th of May 2020 at 01:04 pm

The market is not up from hopes of vaccines (we do not even know if they will prove be effective or not but the financial media will push this narrative) what is behind this push is FED money and wall street is telling the fed that the market is expecting negative rates in the near future.  When that happens it will be a bazooka to the markets because it will force a lot of people into the market since they will have to pay the bank  to have their money in savings accounts.  

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