Stocks and Trading Thread - Channeling your inner Mono

[MadImmortalMan]

I've got 150 ounces of silver (don't ask). I will be able to buy off a barbarian tribe to leave my lands alone.

If they charge the same as Judas, you can do it five times.

[MadImmortalMan]

This little mini-dump looks like it exhausted itself. I'm trying a 10 call trade hoping it bumps a bit into the close. Could fail but what the hell. Stops are tight at 151.60 (low of the day).

[MadImmortalMan]

Somebody really wants to get the SPY to 152.30 today. Look at these bars. The horizontal line is where I bought my calls.

[MadImmortalMan]

And I'm out for a hundred dollar gain. Done for the day.

[Admiral Yi]

Pretty soon you'll have enough to buy hotels for Pennsylvania Avenue.

[MadImmortalMan]

Heh. Yeah I took most of the money out of my trading account to buy real estate, so you're not wrong. 

I'm playing with peanuts here, but hey--snipping a hundred bucks every other day or so is respectable enough. It's more than minimum wage. 

[Admiral Yi]

Hay mang, no shame in day trading for a hundred clams a day.  Party on Garth.

The real shame lies in defrauding your employers of your time. 

[Tonitrus]

I bought some P stock a few months back, and got 30% growth on it so far...beginning to think it's getting close to time to cash in...but I think it might ride to 14-15/share yet.

[Ed Anger]

I was tempted to buy Carnival (CCL).

Might still do it if it drops to around 35.

[Tonitrus]

Need to sabotage a few more ships.

Send katmai on a cruise. 

[Ed Anger]

I've got 150 ounces of silver (don't ask). I will be able to buy off a barbarian tribe to leave my lands alone.

And with silver below 30 bucks, I'm losing money.

Note to self: never let people repay debts with silver.

[MadImmortalMan]

I've got 150 ounces of silver (don't ask). I will be able to buy off a barbarian tribe to leave my lands alone.

And with silver below 30 bucks, I'm losing money.

Note to self: never let people repay debts with silver.

The fear of QE ending is more powerful than the QE itself. The market is nuts. 

[Admiral Yi]

The fear of QE ending is more powerful than the QE itself. The market is nuts. 

?? An end to QE should drive down the price of precious metals.

[MadImmortalMan]

Right. And that's what they are trying to prepare for. Bond yields are going up too. Mr Market is a skitz who tries to predict everything.

[Admiral Yi]

Right.  Never mind.