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  • dip buying

    just wanted to spitball a bit about what to scoop... really the only question anyone should be asking when considering what to pluck from the ashes is 'will this company stay in business or nah'.

    blue chip tech stocks are going to be available for pennies on the dollar.

    off the cuff my hit list so far...;

    amazon
    google
    nvda

    - i know they arent going anywhere
    - they have each taken unusually large hits
    - the highs they reached didnt feel flaky. like it wasnt a weird meme that made nvda trade at $346 half a year ago. google will almost certainly remain the king of ad revenue for the duration of my life. and amazon's options IV is realllllllly going to be lucrative once we start to gap back up.

    the russian nuke wildcard is literally the only concern i have here.

  • #2
    I don’t know how to respond to this. I feel a wellness check is in order.

    fundamentals?

    Comment


    • sonatine
      sonatine commented
      Editing a comment
      http://opcalc.com/Kwj

      if amazon closes at +13.4% of its current price by october 21, the naked $1900 call pays out 30%.

      if we assume the previous january 2022 and march 2022 lows constitute a new resistance and close our position at $2500, its +63% payout.


      let me put it to you this way.


      i'm standing in front of a burning house. and im OFFERING YOU FIRE INSURANCE ON IT.

  • #3
    Brother I need to ask you a question

    brother I have around $1 million liquid cash just sitting in a bank account that I “need to use”

    brother I was planning to buy a beautiful house that is more of an estate in Jupiter Farms.

    brother it’s where people have house farms. Brother you get a very big yard with pool and lake but you are about 20 min out of “town”

    brother Nicky pipes likes his space but also does not cook and needs access to the finest dining establishments in Palm Beach County

    Brother is this a good investment?

    brother I worry it’s not a great time to buy another house, the pricing is very high in south Florida

    brother wouldn’t you agree no matter what an estate owned by Nicky Pipes will only rise in value?

    brother one time I told a landlord in my earlys 20s that he should thank me as his apartment would one day be a tourist attraction as the former home of Nicky Pipes

    brother long story short. My question is would you buy that estate or would you buy the stocks you suggested above?

    Comment


    • sonatine
      sonatine commented
      Editing a comment
      brother id invest in depreciated stocks instead of inflated real estate market.

  • #4
    POWW. Doesn't matter than Im down 45% in it after I dca my entire roll it in. New factory, bullets, govt contracts, there's probably a shipment headed to Ukraine rn. Extremely bullish.

    Also Degod/Deadgod and BSL. Pick them up too.


    Also I am using this gif on every post from now on.

    Comment


    • sonatine
      sonatine commented
      Editing a comment
      so glad someone sees the alpha in that gif.

  • #5
    Brother you have to speak in very basic terms with Nicky Pipes

    brother I do not read the news or “follow the markets”

    brother Nicky Pipes knows one thing: cash

    I stack cash and buy things cash

    brother what do you mean deprecated stocks! You mean the stock market is down and you can buy things for cheap?

    brother I have money in mutual funds but I legitimately did not even know the stock market is down I do not look. I guess it’s down bad?

    Comment


    • sonatine
      sonatine commented
      Editing a comment
      yeah we are getting to the point here its time to start developing long positions in companies you believe in. everything is very discounted. things will likely get worse before they get better but usually when they get better they blast off and anyone sitting on cash gets left behind.

  • #6
    “They” saw Sonatine leaning long and I saw the meme stocks relighting their fuse so we had a little head fake to set the hook then we pulled them under water. When they stop struggling and sink then maybe long.

    All hope must be lost. We are close

    generally the idea of going long is reserved for bull markets but I’m old fashioned that way. Sell the spike

    shorting is far more fun.

    more bodies are gonna be found in lake mead. Robinhood customers who can’t swim

    Comment


    • #7
      i mean, the S/R lines are pretty well defined. im long again at ES 3700 and when i get flushed ill be long again at 3450.

      thug life.

      Comment


      • sonatine
        sonatine commented
        Editing a comment
        lol sike get long immed.

    • #8
      Take a look at the ARM - the rule was you wanted the ARM #’s in a week to add up to 12 …we ain’t close ….. folks still buying Microsoft and shit.

      there is daytrsding and then there is going long. Maybe I misunderstood

      Click image for larger version  Name:	D703D0E6-C932-4058-9E07-A21318D9B14E.jpeg Views:	0 Size:	115.2 KB ID:	9844

      Comment


      • #9
        QQQs ABC says 260

        Comment


        • #10
          Look at the dollar. Costs me more to sell overseas. This MASSIVELY FUCKING disruptive and that is a reason to sell ….

          Comment


          • #11
            Brother Sanlmar what resources did you use to learn to interpret the information in that picture?

            brothers in many ways I am financially illiterate, I am not able to follow along with your lingo and never really had a role model to teach me this stuff or who I could ask these type of questions to. If you could please advise me or steer me in the right direction I would appreciate it

            Comment


            • sonatine
              sonatine commented
              Editing a comment
              please never hesitate to ask questions here.

          • #12

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