Beep Beep... the bulls are watching the dust fly as they get smoked. There are a few frequent posters I want to call out but I wont. (one splz on hiz pwosts dike dis) The other was Johnny Monday... the guy so nice he took the rest of the Mondays and all days off since he has no account left. Say Hi to the 3s.... but wait, there's more.. This is as easy as it comes. If you are afraid of the market, you are doing it wrong. Change your ways.
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Where do some of these people posting charts come from? Well, if I ever was tempted to use Elliot Wave (which I am not) it sure makes me say wow, is that one screwed up indicator or what. lol
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Lots of questions on options and I am not really an options trader. 98% of the time I do shares. 390s are on the horizon, they are coming and I am expecting a bounce there too, just for the next lower high. What expiration should you buy? Most options traders I know always give themselves a couple weeks out. The market can go sideways do a back n forth to kill the clock on options or whatever it wants. It can delay the inevitable but wont prevent it. So when it comes to options I would side on giving yourself some time on the clock or just go with shares. That's just what I would do.