Todd Burch
14-Year Member
I know what I'm doing tonight!FSD 10 tonight!
(I'm married, so yes, it will be me watching Youtube videos of the FSD release late at night, alone.)
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
I know what I'm doing tonight!FSD 10 tonight!
So we do this without headlines now? lol I was away from computer for a few hours. What did I miss?
$735 = max-pain seems like the target.What the heck, we going for 730?
Indices are down less than 1%. Let's not use the term "diving", that's a bit dramatic. It's fine, once volume picks up here soon, this manipulation will be a thing of the past. Until volume drops off again next summerThe whole market is diving... triple witching next week and 20th anniversary of 9/11 has some risk coming off the table across the market.
Other members of investing community feel that Cathy's gravitas has its own gravity field, and she's able to attract significant cash inflows into her ETFS. In some stocks she's moving the markets single-handedly. I am skeptical about her other EV/tech investments. Upon closer inspection, specifically arkg, the returns have been slightly better than the Russel 2000. TSLA is diversified enough and has a positive feedback loop going on, sucking in the talent, a competitive advantage of true intellect.
Apple had other reasons, but was down 3.2%. Google down 2%. Roku down 3%. Square is down 1.5% Even Microsoft who was up about a percent ~2 hours ago ended a half down a half percent. Tesla always tends to have a multiple on gains and losses, but the dive at the end was market wide.Indices are down less than 1%. Let's not use the term "diving", that's a bit dramatic. It's fine, once volume picks up here soon, this manipulation will be a thing of the past. Until volume drops off again next summer
The whole market is diving... triple witching next week and 20th anniversary of 9/11 has some risk coming off the table across the market.
Trying to get one more weekly before close....
Much like how @StarFoxisDown! was close to right last week and wrong this week despite apparent conviction, you can be right with max pain on some weeks and wrong on others. If you look at the history of how often the stock price ended effectively right on max pain on a friday over the past months I believe it will be infrequent. You are just having confirmation bias right now. That is not to say that the option interest has no bearing at all, but max pain is not a magical value that the stock hits every week.I can't believe some people don't think Max Pain is a thing.
See my original post! lol
What is bearish about the 20th anniversary of 9/11?...
Exactly. Considered closing out my $760 for next week but then remembered this whole thing is rigged. Let’s continue to pick up the pennies the robbers drop as they run away.$735 = max-pain seems like the target.
I rolled my cc's and they are all up +25% in a matter of minutes. Thinking of BTC, but still thinking that max-pain will hold for next week around $710 when it recalc's 4am pacific monday morning.
Much like how @StarFoxisDown! was close to right last week and wrong this week despite apparent conviction, you can be right with max pain on some weeks and wrong on others. If you look at the history of how often the stock price ended effectively right on max pain on a friday over the past months I believe it will be infrequent. You are just having confirmation bias right now. That is not to say that the option interest has no bearing at all, but max pain is not a magical value that the stock hits every week.
What is bearish about the 20th anniversary of 9/11?
Seems like we came conveniently right down to *checks notes* max pain
As someone who has been watching the stock price daily for many years now--and especially over the last few weeks--it has not been infrequent. In fact, it has been almost every week.Much like how @StarFoxisDown! was close to right last week and wrong this week despite apparent conviction, you can be right with max pain on some weeks and wrong on others. If you look at the history of how often the stock price ended effectively right on max pain on a friday over the past months I believe it will be infrequent. You are just having confirmation bias right now. That is not to say that the option interest has no bearing at all, but max pain is not a magical value that the stock hits every week.
I understand that theory, but I don't think 'the market' suddenly realized at 3pm today that tomorrow is 9/11 and that we withdrew from Afghanistan a couple of weeks ago, and now it was time to sell.9/11 rattles some people, especially those fearing a repeat on the anniversary. The Afghanistan withdrawal may have heightened some of this concern. So it may inspired a risk-off attitude.