Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - Trading The Financial Markets


Reply
 
Thread Tools Rating: Thread Rating: 9 votes, 4.11 average.
Old 12-04-2021, 06:51 PM   #3016
geroge.burns99
Veteran
 
Join Date: May 2021
Location: NYC
Posts: 1,554
Quote:
Originally Posted by PaceAdvantage View Post
bitcoin got crushed this morning...interesting...
nothings safe
geroge.burns99 is offline   Reply With Quote Reply
Old 12-04-2021, 07:02 PM   #3017
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,661
Quote:
Originally Posted by PaceAdvantage View Post
bitcoin got crushed this morning...interesting...
when they raid the whorehouse, they take all the girls with them
lamboguy is online now   Reply With Quote Reply
Old 12-04-2021, 09:17 PM   #3018
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,183
Invest in something like "bitcoin" that loses almost 20% in 24 hours....lol

Good idea.

BTW, anyone ever get the feeling everything is like a 3rd world market these days?
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is offline   Reply With Quote Reply
Old 12-04-2021, 10:35 PM   #3019
Frost king
Registered User
 
Join Date: May 2014
Posts: 310
Quote:
Originally Posted by PaceAdvantage View Post
Invest in something like "bitcoin" that loses almost 20% in 24 hours....lol

Good idea.

BTW, anyone ever get the feeling everything is like a 3rd world market these days?
The only reason we had a crypto crash is because an exchange got hacked. Imagine what would happen, if a bank or financial market exchange get hacked in the same fashion? Didn’t the conventional markets lose approx 1/3 of between Feb and Mar of 2020? So what is the difference. This is the new generations version of Gold. It allows them the opportunity to create fast wealth. The secret is not to keep the crypto on an exchange. You keep off the exchange, except when you trade it. Otherwise you pull it off.
Frost king is offline   Reply With Quote Reply
Old 12-05-2021, 12:40 PM   #3020
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,183
Quote:
Originally Posted by Frost king View Post
The only reason we had a crypto crash is because an exchange got hacked. Imagine what would happen, if a bank or financial market exchange get hacked in the same fashion? Didn’t the conventional markets lose approx 1/3 of between Feb and Mar of 2020? So what is the difference. This is the new generations version of Gold. It allows them the opportunity to create fast wealth. The secret is not to keep the crypto on an exchange. You keep off the exchange, except when you trade it. Otherwise you pull it off.
To be fair, it took 30 days to lose 36% of its value (S&P). And also, COVID was first going on so...with the world potentially ending, it kind of had a plausible explanation...

But like I said, even the S&P feels like a 3rd world market with the way it moves at times. It's amazing how fast it can drop...it hardly ever goes up as fast...lol
__________________
@paceadvantage | Support the site and become a today!

Last edited by PaceAdvantage; 12-05-2021 at 12:41 PM.
PaceAdvantage is offline   Reply With Quote Reply
Old 12-05-2021, 08:58 PM   #3021
geroge.burns99
Veteran
 
Join Date: May 2021
Location: NYC
Posts: 1,554
S&P Futures up for Mondays opening....S&P got below 50 day MA.....it usually suggest a rally...


This week is Consumer Price Index ....after 17 consecutive monthly increases

what do we hope for the 18th to confirm inflation?


And we have the Omicron Virus.....


Pick your poison for another bad week.....

Last edited by geroge.burns99; 12-05-2021 at 09:00 PM.
geroge.burns99 is offline   Reply With Quote Reply
Old 12-07-2021, 08:31 PM   #3022
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,661
changers coming soon

https://www.zerohedge.com/geopolitic...bank-case-gold
lamboguy is online now   Reply With Quote Reply
Old 12-18-2021, 08:34 PM   #3023
ReplayRandall
Buckle Up
 
ReplayRandall's Avatar
 
Join Date: Apr 2014
Posts: 10,614
Dump McDonald's Stock....If This is True

ReplayRandall is offline   Reply With Quote Reply
Old 12-19-2021, 03:03 AM   #3024
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,661
Quote:
Originally Posted by ReplayRandall View Post
i would love to bet that dining at McDonalds accounts for 5 times more deaths every year than what the corona will do in ten years.
lamboguy is online now   Reply With Quote Reply
Old 12-20-2021, 11:53 AM   #3025
PaceAdvantage
PA Steward
 
PaceAdvantage's Avatar
 
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,183
The stock photos of "worried traders" NEVER gets old...I've seen this exact pic multiple times over the past few years....

Attached Images
File Type: png Screenshot 2021-12-20 115300.png (311.3 KB, 7 views)
__________________
@paceadvantage | Support the site and become a today!
PaceAdvantage is offline   Reply With Quote Reply
Old 12-31-2021, 07:57 AM   #3026
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,661
https://senatestockwatcher.com/

Democrat Colorado Senator John Hickenlooper, the guy that campaigns as a "straight-shooter" with a pool cue in his hands, just unloaded all his big tech stocks.

Republican Alabama Senator just went short Apple and Microsoft stock with options. he also sold his Paypal and Oxy. he did buy ford though.

a congresswoman of note, Marorie Taylor Greene, a congresswoman from Georgia, has become a mutimionaress trading stocks and options in less than 2 years. she is currently short, Apple and Spy through put options.

the only person i ever saw in congress not to do well, was Barnie Frank. he went bankrupt. he was the head of the banking committee at the time and was pretty dopey
lamboguy is online now   Reply With Quote Reply
Old 12-31-2021, 09:31 AM   #3027
geroge.burns99
Veteran
 
Join Date: May 2021
Location: NYC
Posts: 1,554
Quote:
Originally Posted by lamboguy View Post
https://senatestockwatcher.com/

Democrat Colorado Senator John Hickenlooper, the guy that campaigns as a "straight-shooter" with a pool cue in his hands, just unloaded all his big tech stocks.

Republican Alabama Senator just went short Apple and Microsoft stock with options. he also sold his Paypal and Oxy. he did buy ford though.

a congresswoman of note, Marorie Taylor Greene, a congresswoman from Georgia, has become a mutimionaress trading stocks and options in less than 2 years. she is currently short, Apple and Spy through put options.

the only person i ever saw in congress not to do well, was Barnie Frank. he went bankrupt. he was the head of the banking committee at the time and was pretty dopey
F%^K.....My portfolio is mostly tech....

thx lam
geroge.burns99 is offline   Reply With Quote Reply
Old 12-31-2021, 09:43 AM   #3028
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,661
i knew 3 years ago that the Tech companies that dealt in the cloud were going to be big movers. i was actually going to buy MSST around $80 per share, now 4 times that. i stayed pat with the mining shares that have done nothing but go backwards in that timeframe. i am staying pat now too!

what i wonder if these congressmen ever stick their assets in gold. they might have already and don't need to report it if they bought physically..
lamboguy is online now   Reply With Quote Reply
Old 12-31-2021, 09:51 AM   #3029
geroge.burns99
Veteran
 
Join Date: May 2021
Location: NYC
Posts: 1,554
trading options and a dump of position are 2 different things....


selling an option , you get the fee and hope stock goes no where...
geroge.burns99 is offline   Reply With Quote Reply
Old 01-02-2022, 11:04 PM   #3030
ReplayRandall
Buckle Up
 
ReplayRandall's Avatar
 
Join Date: Apr 2014
Posts: 10,614
Ripple Effect Incoming

ReplayRandall is offline   Reply With Quote Reply
Reply




Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 05:04 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.