oh god... that's all i have to say

market already knows about benanke dialing back QE and the timeline of August has already been thrown around A LOT, there will be no shitting of the bed on this one, a small pull back, maybe, a sideways market for a bit while we catch our breadth, yes.

in the end of the day, dialing back QE is healthy - it's a sign that stimulus is no longer necessary to save the economy, that the economy, while still shaky, has legs to stand on

i definitely don't think you should play options given what you just posted, unless you're playing on technicals only

wish the fck'ing CAD would go up more so I can buy some more stuff

I think its ok to jump into any market immediately. you just have to paper trade it and know it well enough that... you know what you're fucking doing.

if you wanna jump into options right away, understand the mechanics behind options and paper trade it to hell and along the way you'll probably learn to do all the other basics. read charts, understand reports and whatever.

99% of options expire worthless, but 99% of people that put money into markets lose money overall. so... lol.

trix if you jump into weeklies right away without understanding perception and volatility prepare to get ass raped .. monthlies easier on the heart lol

Yeah, I asked for your thoughts as I am a little confused about the entirety of the situation as I don't follow macros that much, thank you for giving me some clarity. And yes I would be trading based on technicals, thanks for all the feedback, definitely won't be trading weeklies right away lol, I do understand some pretty basic mechanics of options, and I have been consistently doing my technical research, I think the next step for me is to paper trade the shit out of them.

LOL sell in May, go away

Finally. Recovering some of my losses on my oil and gas short. :(

Whoever caught that short EOD, my fucking hat is tipped to you because no one in their right mind was anticipating that shit ... Went to the gym at 12:30, stuck with long amzn 275s for next week gonna get SMOKED monday.

can anyone give me an update (i know it will be bad) on copper fox?

i just read this release Copper Fox Metals Inc. - News Releases - Copper Fox Files Positive Feasibility Study on Schaft Creek Project - Mon Jun 3, 2013

which i thought started the 120 days but now notice CUU needs to give tech a "bankable" feasibility study....any timeline on that??

thanks guys

If it rallies in the AM. We are doomed
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We'll see what the Job Report says tomorrow.

FWIW, Nikkei and Hang Seng are down 200+ points.

Me thinks there's green tomorrow.

gonna be the bold one and say down 20 pts on spx... :D

it'll probably spike both ways before going one direction.

It's cash out time. 715am pst
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shawnly wins the bet. lol.

starting to look into future options. put in a paper trade yesterday. option straddle on ES m3 futures. bought a put and call at 1620 strike. expires on the 21st, we'll see how it goes.

Probably gonna head back to 1680s... crazy aint it.. shit.

Taking a flyer this week on bldp
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Safeway...beastlyyyy after selling Canadian operations to Sobeys for 5.8 billion CAD

SP500 wedge, apex of the wedge is next friday (also option expiry).

guarantee it will break before end of NEXT friday (21st)

big fed announcement on wed too.

plan for it! it will be a good trade.

Regarding Fed, FWIW, Treasury $TLT roll of 50,000 June $117 puts to 100,000 July $112 puts - June puts sold $4.75, opened 5-13 and 5-15 at $1.67/$2.03

Today, they punish the evil short sellers. How dare they!

I've been giddy like a little school girl for next FOMC meeting... its gonna be a 5 bag type of day hehe

Holding 700 of Next weeks BAC 13.5 THRU FOMC. big balls ass go big or go home play, get ready to laugh at me #timestamped (lolol)

jacked!!!!