Dow Jones hits 20K for first time ever

Menelik II

I wanna see receipts!
Joined
Dec 4, 2016
Messages
4,914
Reputation
1,042
Daps
14,911
Can't blame a man for wantin W's across the board :lolbron:

Nah but as far as puts and calls...that's all I know...Its tedious if you aren't ON IT but can pay off...
You can set up strategies like that but you have to pay more premium right. And you probably won't make that premium back and lose overall. So if you buy a put and call and it doesn't move you lose all your premium.
 

HabitualLineSteppa

....Fuh Q.
Joined
May 1, 2012
Messages
2,635
Reputation
1,221
Daps
9,602
You can set up strategies like that but you have to pay more premium right. And you probably won't make that premium back and lose overall. So if you buy a put and call and it doesn't move you lose all your premium.
This is true...Not denying there is risk but with well informed strategies, would it be fair to say one could win when the wave is riding and win when the market tanks?
 

Menelik II

I wanna see receipts!
Joined
Dec 4, 2016
Messages
4,914
Reputation
1,042
Daps
14,911
This is true...Not denying there is risk but with well informed strategies, would it be fair to say one could win when the wave is riding and win when the market tanks?
It's possible but highly unlikely and the odds are stacked against you for various reasons. You would need to be extremely lucky with your timing.

You're trying to do what EVERYBODY else wants to do, so it will cost you :yeshrug:.
 

Jimi Swagger

I say whatever I think should be said
Supporter
Joined
Jan 25, 2015
Messages
4,368
Reputation
-1,340
Daps
6,060
Reppin
Turtle Island to DXB
Logged onto Betterment saw a 25K gain in two weeks:ehh: Will cash out some(paying penalty) and transfer much liquid as possible into the Emirates before expo 2020 and my spouse's country. May start working again, only for few years until retirement (before age 40 is the goal). Now if only I could find a reputable raw diamond dealer.
 

HabitualLineSteppa

....Fuh Q.
Joined
May 1, 2012
Messages
2,635
Reputation
1,221
Daps
9,602
It's possible but highly unlikely and the odds are stacked against you for various reasons. You would need to be extremely lucky with your timing.

You're trying to do what EVERYBODY else wants to do, so it will cost you :yeshrug:.
Fair enough...Good lookin out breh
 

The Fukin Prophecy

RIP Champ
Joined
May 1, 2012
Messages
24,660
Reputation
5,796
Daps
96,582
The thing is, with the uncertainty of Brexit and the general instability of Asia, the US is the safest place to put your money right now, as insane as that sounds.
Which is another reason I keep telling folk buy gold...Don't keep extra cash in bank accounts...When the market inevitably crashes under this orange lunatic that paper won't be worth shyt...

I am heavily invested in property and bullion right now...
 

Bernie Madoff

Banned
Joined
Jun 23, 2012
Messages
11,925
Reputation
-2,457
Daps
18,695
Reppin
Otisville, Federal Correctional Institution
...uh oh.

I think we've seen this before and what happens next
Trump supporters will say look its wall Street believing...

Trump detractors will say its wall street cashing out before thr crash...

Personally i think this shyt is about to come crashing down because Trumps going to cut rates and has said this many many times.
 

Family Man

Banned
Joined
May 5, 2012
Messages
13,175
Reputation
1,929
Daps
54,993
I think the economy will hold until mid 2018.

But it's obvious we're in some deep shyt. Too many massive bubbles. Trade deals ending. Europe's bank problems. Etc etc...
Why do you feel that way? I have a house to sell and I want to get rid of the muthaphucka before shyt hits the fan again. I'm not feeling very optimistic about the future.
 

Red Shield

Global Domination
Joined
Dec 17, 2013
Messages
21,553
Reputation
2,545
Daps
47,866
Reppin
.0001%
Why do you feel that way? I have a house to sell and I want to get rid of the muthaphucka before shyt hits the fan again. I'm not feeling very optimistic about the future.

I believe in some stuff you might consider tinfoilish. :yeshrug:

It's obvious all of this shyt is not headed to a good place at all, when you factor in global economic and national issues. Like take all of the bubbles that have been blown. When they all pop, their taking a whole lotta things down with them. So if you're a banker/elite/whatever and you know this shyt storm is unavoidable.. then you manage it.


I think they will hold the economy up for Trump for at least 1year. It would be too obvious if it goes this year. Also you have to factor in the European elections later this year...they will probably want a few more of those far right parties in office over there. Because when this all goes, they don't want people blaming bankers/elite. I mean there are more reasons as to why I think we have atleast a year. But that's the main gist of it..



I have a house I gotta get rid of too breh. But you and I have atleast the rest of this year.
 
Joined
Nov 17, 2016
Messages
202
Reputation
-145
Daps
481
Reppin
I Work For Keyser Söze
:mjgrin:Lotta wacky fallacious shyt being postulated in this thread.

But of course, if liberals possessed a fundamental understanding of monetary policy, they wouldn't be liberals, amirite?
tumblr_o6ojjftaso1rfd7lko1_500.gif
 

DrBanneker

Space is the Place
Joined
Jan 23, 2016
Messages
6,531
Reputation
5,845
Daps
23,615
Reppin
Figthing borg at Wolf 359
If you can't afford gold, buy silver--less than $20/oz. It will see the same rise and as the gold/silver ratio narrows you can sell/swap silver for gold much more cheaply than if you would have bought it outright.
 
Top