All Forums | Investments

May Stock Talk III

Participants:
Search
Views: 1486
Posts: 96
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #51
Yep.....200 rocks a barrel ain't far off.  Another 50% move, basically, that would put unleaded at roughly 6 rocks a gallon.
 
Very conceivable by the end of Dickie and W's "reign of terror."
 
Basically, man, I quit driving.  Drive to and from work, and that's it.  Buy all my crap once a month and sit here yapping on the internet, gambling, and drinking.  Beats giving money to Dickie, getting DWIs, etc......
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #52
Fckuing BAC.
 
But you know, WSC, I am kind of shocked that they allowed themselves to get reamed with their CFC deal.
 
I figured they basically "wouldn't allow" CFC to fall down like it did.
 
Guess some things......not even a crime syndicate like BAC could manipulate.
 
Fckuing CFC and that sheethead Mozzillo.  I remember Maria B from CNBC basically kissing his ass in an interview late last summer rather than just taking that icehole to task in ruthless fashion.....like I'd have done and enjoyed immensely.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #53
My market new lows list is flying..

It is early, we could go down 300 easy if this selling picks up.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #54
Damn, there is a sell-off (for now).  Did FOMC comments come out?  I saw that on economic events for day and figured their minutes wouldn't be what "Mr Bull" wanted to hear.
 
Missed that trade.....
 
Waiting for the oil reversal, instead.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #55
Yeah, the selling could pick up, and then it could end in a bull rush just as soon as it started.
 
No one knows.
 
Trading these swings is not for.....oh let's see........about 99,999 peeps out of 100,000????
 
Crazy
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #56
I dont think oil reverses very quickly..barring the US actually doing something drastic. That capping the SPR was a bullish joke.

Waves and waves of selling, broke 1400 on the SPX, bearish for sure.

If DRYS comes in I will buy more and get those leaps I was talking about.

I read that the FOMC is worried about inflation..oh really????


 
Banned
Participation Meter
Joined: Nov, 2004
Posts: 14477
Posted: #57
XOM  up to 95 today
 
talked myself out of getting back in around 88-89 
 
I jumped in and out a few times from the 82-83 to 88-89 and made some good money ,  wanted it to go back down to 85-86 before getting back in, never did sat on my ass and now 95 today, oh well, live and learn.
 
people's first gut instinct is usually right at a uncanny rate about anything in life, yet we rarley follow it
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #58
Quote Originally Posted by wallstreetcappers:



I read that the FOMC is worried about inflation..oh really????

Yep, and isn't the main goal of the Fed Chairman is "to maintain a sound currency?"  What a laughing stock.  Bail out speculators who bought fckuing "McMansions" for 6-7 times their cost.  Put the elves to work printing money.

Country's future is pretty damn bleak.

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #59
Another wave of selling, we are going sub 200 for sure.

This high price for oil isnt good for anyone, even the XOM and COP companies who benefit.

Inflation is a big deal finally, how cute..
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #60
Dow could stage a massive rally in last 20 minutes of day and finish in black, too.
 
Seen crap like that happen before.
 
Got to figure peeps are shorting stuff right and left now.....manipulators could really fcku them.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #61
claycourt,

I dont see it..

The FED saying inflation is an issue means rates are going higher, which means the financial firms arent going to have cheap money to give out.

You could be right but I dont see a bounce today..

Another wave about to start here..

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #62
That didnt last long..

They tried to move it a litte, then right back to selling.

We will see in another 10 minutes.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #63
Yeah, WSC, I was "thinking" in this alcohol induced state that this was expiration week.....that was last week.
 
Going to be really hard for the criminals to band together this last hour and ass-fcku those putting on new shorts since the FOMC minutes were released.
 
Could happen tomorrow if there is sell continuation today and a huge gap down at tomorrow's open.  Then, oil could also get reversed. 
 
Don't be shocked.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #64
22 minutes to do until close.
 
If the crime syndicates don't try a furious rally these last 20 minutes or so, then they are content for a negative gap down tomorrow, where they will try to rally the SP and terrorize shorts.
 
 
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #65
Nah...

I dont see it.

More red and new lows hitting, plus the SPX under 1400 is a bad sign.


 
Legend
Participation Meter
Joined: Feb, 2002
Posts: 67006
Posted: #66
Panic on the Street!!!!
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #67
Yeah the buyers are hiding..gonna close right on the lows.

I dont like buying into the lows and being down early, but I have to nibble when I see good prices.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #68
Yeah, they got 5 minutes to rally this thing.....looks like they're content to circle the wagons for another time and let it go for today.
 
I damn sure don't know what will happen at tomorrow's open, but if there is a HUGE gap down rife with fear and negativity and gapped up oil, then I look for the manipulators to unleash hell on new shorts and then reverse oil.
 
That's my plan......agree with them, ride their coattails, take my chicken shit profit, and bail my sorry ass out until after Memorial Day.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #69
Gap down tomorrow on oil, fear, and negativity.....then I'm getting long SP and short oil for "a trade."
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #70
Baby bounce there, still down 225..

Trouble tomorrow for sure. I will get into some options if they sell the wrong stocks for a bounce.
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #71
highest volume in the last 40 days on the SPY and QQQQ. 
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #72
Yeah, WSC, for sure.  To do a long trade tomorrow, we need a lot of negative comments and some bad news in after hours.
 
The wider a gap down tomorrow, then the harder the manipulators will bust the shorts.
 
Wide gap down tomorrow, and there is perfect allignment.  This scenario only happens once in a blue moon, unfortunately.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 58464
Posted: #73
I agree..

We could get it, if Europe and Asia tank tomorrow, plus given the FED speak, it could easily happen.

Solars, DRYS (my fav) financials, tech..all good. I have my high beta favorites that I will be watching but go out a few months for safety and try to nail a 20-30-40-50% return on an options trade.  
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14917
Posted: #74
The set up is there, WSC.
 
Let's just get a TON of negativity between now and tomorrow's open.
 
 
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #75
be careful fellas.  test of march lows isn't out of the question in this market.  not tomorrow obviously, but we could have another rundown, very easily. 
 
Initial claims in the morning as well.  I think that any bad news will definitely be bad news this time, as opposed to the "bad news, who cares, buy stocks" sentiment of the last 2 months or so.
All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Betting News
Podcasts
Responsible Gambling
Betting Sites
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Office Pools
The Covers community has
810,221
lifetime members worldwide
Covers 30 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
21+
Gambling problem? Call 1-800-GAMBLER
Help Privacy Privacy Choices Terms of Service Cookies Sitemap Forum
Covers is verified safe by:
Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo
Covers Logo
Copyright © 1995 - 2026 Genius Sports. All Rights Reserved.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.