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I had to drop my car off at the shop.  Wanted to get in on some cheap DIS but guess not.
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Aug 24, 2015 17:36
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SCTY is getting overbought by the algos. If I could, I would buy some puts on it right now.
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Aug 24, 2015 17:37
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I will guess that this is a tech bull trap with a drop soon. Probably wrong but if I am correct I can  quote.
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Aug 24, 2015 17:42
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Josh Lyman posted:I should have bought nflx under 100. Instead, I ate cereal and took a nap. I managed to pick up a few options near the open, now up 400% on them.  I was sweating bullets during that first half hour changing my orders and trying to get fills.
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Aug 24, 2015 17:43
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cowofwar posted:I will guess that this is a tech bull trap with a drop soon. Quotes without money risked is cheap talk!
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Aug 24, 2015 17:44
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Josh Lyman posted:I should have bought nflx under 100. Instead, I ate cereal and took a nap. Yeah, I'm really rethinking my bagel and coffee trip. Oh well, at least this plunge is done.. Now it's time for the next one!
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Aug 24, 2015 18:06
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Josh Lyman posted:SCTY is getting overbought by the algos. If I could, I would buy some puts on it right now. do you ever make a real trade?
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Aug 24, 2015 18:07
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I'm not a tax advisor but y'all should look into electing mark-to-market before the deadline if you trade a lot. Wash sale rules on nontrader tax is the dumbest poo poo and can make you pay taxes on capital gains even if you lost money. As always, talk to a real advisor to see if you're eligible, might have to ask a few people because I think tradertax guys are pretty uncommon. darkhand fucked around with this message at 18:16 on Aug 24, 2015 |
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Aug 24, 2015 18:13
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So is this just a short term rally? Or is now a good time to buy into dis and aapl for the longer haul?
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Aug 24, 2015 18:26
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What sort of recourse is there if your brokerage failed to execute a bunch of orders today? I wasn't trading but I see several of you seem to have gotten badly burned by being unable to execute (or in one case even log in). What the gently caress good is a brokerage if their poo poo breaks down during the most critical hour of trading all year?jaik3n posted:So is this just a short term rally? The trillion dollar question.
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Aug 24, 2015 18:28
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Leperflesh posted:What sort of recourse is there if your brokerage failed to execute a bunch of orders today? Not much recourse. Find a better broker.
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Aug 24, 2015 18:53
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jaik3n posted:So is this just a short term rally? Or is now a good time to buy into dis and aapl for the longer haul? I think this is a dead cat bounce aapl is big on middle class in China who are in the process of getting hosed bad.
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Aug 24, 2015 18:53
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I think we will see some multiple dead cat bounces before we settle a bit lower from current.
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Aug 24, 2015 18:56
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MrBigglesworth posted:I think we will see some multiple dead cat bounces before we settle a bit lower from current. Yeah I'm not entirely sure why anyone is buying at this point.
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Aug 24, 2015 19:02
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Arkane posted:do you ever make a real trade? edit: I expect the market to be down over the next month so I'm edging back into a SPXS position (3x short S&P500) edit2: Also put in a 1/4 position limit order for NFLX at 100. Josh Lyman fucked around with this message at 19:14 on Aug 24, 2015 |
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Aug 24, 2015 19:04
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Leperflesh posted:What sort of recourse is there if your brokerage failed to execute a bunch of orders today? I wasn't trading but I see several of you seem to have gotten badly burned by being unable to execute (or in one case even log in). What the gently caress good is a brokerage if their poo poo breaks down during the most critical hour of trading all year? My orders for AAPL were filled at $95 for my own account as well as my dad's and they were both done via discount retail brokers. Those limit orders were placed 3 or 4 days ago though. If most people in this thread are traders and making a limit order 3 or 4 days in advance is impossible, maybe that should tell you something about how you invest. Or maybe stop trying to trade via retail platforms.
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Aug 24, 2015 19:04
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Torpor posted:Yeah I'm not entirely sure why anyone is buying at this point. Waiting till at least September 17th here.
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Aug 24, 2015 19:15
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INTERN, WITNESS ME. *sprints to the trading floor with buy orders for TSLA*
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Aug 24, 2015 19:41
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Yeah, that's the CSCO I remember.
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Aug 24, 2015 19:57
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Hey guys, remember disgruntledtrader.jpg! its like its 2008 all over again!
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Aug 24, 2015 19:57
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Oh I guess the
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Aug 24, 2015 20:02
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Torpor posted:Yeah I'm not entirely sure why anyone is buying at this point. If you like the prices and are still largely confident in the world economy I don't see why not. Still, after a day like today (and there's still an hour to go!) I can understand why people might be a little gun shy.
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Aug 24, 2015 20:03
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mrmcd posted:Oh I guess the 
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Aug 24, 2015 20:03
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Agronox posted:If you like the prices and are still largely confident in the world economy I don't see why not. That better timing is now.
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Aug 24, 2015 20:06
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I have set 2% trailing stop buy orders for 50 shares each of DIS and NFLX. Let's see how I screw this up!
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Aug 24, 2015 20:07
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Until you have an answer for "People are taking their money out of the stock market and putting it in X" then every dump is likely to have a corresponding bounce eventually. The money has to go and stay gone, and I don't see people pulling out to accept sub-1% / year in the bond market.
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Aug 24, 2015 20:11
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Agronox posted:If you like the prices and are still largely confident in the world economy I don't see why not. I was more referring to after the crazy morning. It seemed odd to have the market move back to unchanged. Things are going south again! After getting a couple deals this morning I'm holding off for s&p 500 around 1200.
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Aug 24, 2015 20:12
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Dwight Eisenhower posted:Until you have an answer for "People are taking their money out of the stock market and putting it in X" then every dump is likely to have a corresponding bounce eventually.
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Aug 24, 2015 20:22
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Torpor posted:I was more referring to after the crazy morning. It seemed odd to have the market move back to unchanged. Things are going south again! After getting a couple deals this morning I'm holding off for s&p 500 around 1200.  Even if you believe in the narrative of people overpaying for US equities because of magical thinking about Chinese iWatch customers that's nowhere near the economic catastrophe that would justify a 40% drop in stock prices.
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Aug 24, 2015 20:35
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Woo Netflix filled at $97.70
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Aug 24, 2015 20:37
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Final bets! Calling final bets!
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Aug 24, 2015 20:54
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hahaha I had to wait an extra week for my money to clear in my brokerage because it was a huge transfer i think that saved me like $5k. What should I buy today?
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Aug 24, 2015 21:27
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VendaGoat posted:Guess -4% drop Monday, level out Tuesday and Wednesday with a micro rally on Thursday. VendaGoat posted:Look at this loving idiot. Nope, look at how dumb this motherfucker is, right, here. Dumbass!
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Aug 24, 2015 21:30
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Sparta posted:hahaha Coal, gentleman. The future!
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Aug 24, 2015 21:42
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So many of my holdings have the same Nike style swoosh mark when I view the "today" timeline... I've not been depositing for a few months as my wife had left her job and been intentionally unemployed for the summer. Now she's at a new place making 25% more so we can go back to our DINK yuppie financial schedule. Only bad news is I didn't deposit early enough today so I won't have the funds until tomorrow. I really feel like there should be an image macro of Morpheus holding the red and blue pills, but each one is labeled "BTFD".
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Aug 24, 2015 21:58
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Well my portfolio beat my benchmark... if that means anything lots of high dividend yields out there based upon sustainable cash flows. Kind of makes you wonder if a 4-5% dividend on a blue chip is worth taking even if the market is volatile.
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Aug 24, 2015 22:49
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this crash has moved AHT down to 7.38 which gives it a p/e of 3.7 which is absurdly low, even for a reit
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Aug 24, 2015 23:53
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An update on my trade from last night (http://forums.somethingawful.com/showthread.php?threadid=3259986&userid=0&perpage=40&pagenumber=518#post449345236): Happy outcome. I felt like it was a good buy--though I probably would've been making GBS threads my pants along with everyone else at 9:30 if I wasn't in a tunnel under a river--but the fact that I was able to get out at near the day's high around lunchtime was sheer luck. It takes some, but not all, of the sting out of the (so far unrealized) losses I've accumulated over the last week. Agronox fucked around with this message at 00:00 on Aug 25, 2015 |
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Aug 24, 2015 23:53
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VendaGoat posted:Waiting till at least September 17th here. Seeing if any Shmita aftermath? There are still 3 EST hours for today to somehow fulfill the conspiracy theory that Lucy's passport exp from "Lucy" (24.8.15) is somehow like Neo's from "The Matrix" (11.09.01) I wish I could find someone that really believes in it to bet them right now.
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Aug 25, 2015 01:42
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ayekappy posted:Seeing if any Shmita aftermath? I just want to hear what the fed says about rates. What the gently caress are you on about?
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Aug 25, 2015 01:54
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