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Member
Posts: 36,937
Joined: Oct 20 2007
Gold: 48,650.00
May 6 2021 09:39am
Quote (Budgeting @ May 6 2021 11:09am)
already bought yesterdays DIP lol RIP


I have been buying since March lol
Member
Posts: 64,763
Joined: Oct 25 2006
Gold: 0.00
May 6 2021 09:49am
PLTR still bouncing off that $20 support. Thanks Cathy.

I woke up and it was at 19.8 and my anus immediately clenched.

Gonna hold out for Tuesday.
Member
Posts: 28,884
Joined: Aug 11 2013
Gold: 10,712.00
May 6 2021 10:04am
High-flying tech names again taking it on the chin. The last couple of days I wiped out significant 2021 gains for the year fucking up with options. Still up nicely for the year though.

SNOW has finally got to a buy price for me. I'll buy a couple of shares at 198.
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Joined: Jun 15 2019
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May 6 2021 10:40am
Quote (ofthevoid @ May 6 2021 12:04pm)
High-flying tech names again taking it on the chin. The last couple of days I wiped out significant 2021 gains for the year fucking up with options. Still up nicely for the year though.

SNOW has finally got to a buy price for me. I'll buy a couple of shares at 198.


some life just got pumped into them, wtf is going on lol
Member
Posts: 28,884
Joined: Aug 11 2013
Gold: 10,712.00
May 6 2021 10:52am
Quote (Budgeting @ May 6 2021 12:40pm)
some life just got pumped into them, wtf is going on lol


I honestly think my theory is accurate on this. Market makers make a ton of money from the volatility that's why it happens. Like retail people aren't waking up in the morning and saying "hmm we will continually dump all of our tech stock for 5% discounts on no news". Neither are pension funds or various types of funds waking up to make reflexive decisions on stock holdings. It's mostly Goldman's and others like them that have the capital to move markets in the short term that could make these nonsensical massive fluctuations.
Member
Posts: 36,937
Joined: Oct 20 2007
Gold: 48,650.00
May 6 2021 11:44am
People dumping to cover taxes. I'm going to be selective until CPI data comes out next week.

Glad I exited PLTR. Hopefully, I return before the BOOM.
Member
Posts: 14,080
Joined: Jun 15 2019
Gold: 0.82
May 6 2021 12:20pm
Quote (ofthevoid @ May 6 2021 12:52pm)
I honestly think my theory is accurate on this. Market makers make a ton of money from the volatility that's why it happens. Like retail people aren't waking up in the morning and saying "hmm we will continually dump all of our tech stock for 5% discounts on no news". Neither are pension funds or various types of funds waking up to make reflexive decisions on stock holdings. It's mostly Goldman's and others like them that have the capital to move markets in the short term that could make these nonsensical massive fluctuations.


coinbase really fucking us right now LOL
Member
Posts: 44,262
Joined: Jun 22 2007
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May 6 2021 01:01pm
When spy barely moves and your trading account is all red.
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May 6 2021 01:51pm
Mrna :(
Member
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May 6 2021 02:04pm
PLTR dipped below 20 and kept coming back all day. My ass is basically lined with diamonds.
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