The Official Stock Market Thread - Page 159

KhalDrogo · 09-25-2022, 05:27 PM

Quote:

Originally Posted by grade

So all those with $100,000 free interest are killing the market right now? So having $80,000 in assets (conservative) from this current market to payoff $100,000 of interest free jumping around credit is better than Zero debt ? Best be ready to jump in , not working 100% all the time.

Everyone has their theory. Good luck. Theory investing in this market is tough.

Lots of smart people with MBAs are getting killed in the market right now.

If you’re not comfortable carrying interest free debt, that’s your problem.

I’ve been doing this quite a long time. Have never paid a dime in credit card interest. Absolutely no reason to give somebody my cash today.

grade · 09-25-2022, 05:33 PM

Quote:

Originally Posted by KhalDrogo

If you’re not comfortable carrying interest free debt, that’s your problem.

I’ve been doing this quite a long time. Have never paid a dime in credit card interest. Absolutely no reason to give somebody my cash today.

LOL. Have other things to do than looking for credit card companies offers and deadlines to live life .

CC debt free. try it. If your not confident or comfortable to reach that . That is fine also.

There is a reason Companies offer zero interest. Many fall for it and end up trapped .

KhalDrogo · 09-25-2022, 05:52 PM

I love that grade thinks I go around shopping for new cards to open for promo interest rates. Might want to open your eyes to what’s out there buddy.

grade · 09-25-2022, 05:58 PM

Quote:

Originally Posted by KhalDrogo

I love that grade thinks I go around shopping for new cards to open for promo interest rates. Might want to open your eyes to what’s out there buddy.

Just got back from a round the world vacation the other week. You might want to go out and see the real world. buddy,

What works for you , works for you. Nothing wrong.

Who said you buy cards with your jumping credit line? I mentioned nothing about cards in this thread.

Get your stories right first.

KhalDrogo · 09-25-2022, 06:15 PM

Quote:

Originally Posted by grade

Just got back from a round the world vacation the other week. You might want to go out and see the real world. buddy,

What works for you , works for you. Nothing wrong.

Who said you buy cards with your jumping credit line? I mentioned nothing about cards in this thread.

Get your stories right first.

New credit cards. Jesus. All that CSG hate has turned your brain into rot. Can’t even read two sentences without getting confused.

grade · 09-25-2022, 06:21 PM

Quote:

Originally Posted by KhalDrogo

New credit cards. Jesus. All that CSG hate has turned your brain into rot. Can’t even read two sentences without getting confused.

I use and used CSG/CGC in bulk , Hate and opinion of CSG services are two different things.

Get your stories straight.

KhalDrogo · 09-25-2022, 06:27 PM

Quote:

Originally Posted by grade

I use and used CSG/CGC in bulk , Hate and opinion of CSG services are two different things.

Get your stories straight.

No comment on your illiteracy though. Nice!

grade · 09-25-2022, 06:30 PM

Quote:

Originally Posted by KhalDrogo

No comment on your illiteracy though. Nice!

Go out and get your zero interest loans. You should actually be a consultant to the various Countries . Even countries cannot get zero interest loans.

Your god. LOL

Well if you count getting $100 loans from your parents. I guess there is zero interest loans.

KhalDrogo · 09-25-2022, 06:50 PM

Amex does very generous free lines of credit through Pay Over Time plans. That’s rewards points plus a few percent on the cash sitting in my checking account that I get for paying in six months instead of today. It’s fantastic. I highly recommend to anyone who can responsibly manage their credit.

grade · 09-25-2022, 06:59 PM

Quote:

Originally Posted by grade

I use and used CSG/CGC in bulk , Hate and opinion of CSG services are two different things.

Get your stories straight.

Thanks for reminding me . PWCC auctions end tonight. Buying some CSG also.

Equal opportunity.

Keep up the awesome stock tips and slick credit card promos. So awesome.

Buying power between currencies and countries. there is alot out there. Do some research.

KhalDrogo · 09-25-2022, 07:26 PM

Get approved for a Gold or Platinum, and you have access. Nothing slick. Not a promo. Then you can be a God like me.

grade · 09-25-2022, 07:43 PM

LOL.
Have euro ,yen usd and other currencies like me then your god.

back to PWCC and CSG slabs.

Keep up your awesome stock picks. I read this thread weekly to learn how everyone acts on the market. Great indicator for the retail stock market. Just wanted to post here before the mini crash last week. Hate to see the sheep follow the sheep and get burned. Had to say something, in my opinion , seen some bad trades being posted the last couple of weeks.

Hope tomorrow is a good day for all that are deep in the market. Crucial number for me personally 29,398.

Quote:

Originally Posted by grade

Hope the market stays above 29,398.

Good luck everyone.

Yen is your friend.

Blazed · 09-25-2022, 09:11 PM

............

grade · 09-25-2022, 09:26 PM

Nikkei market down 2% in first two hours of trading.
wonder how wallstreet will react.

grade · 09-26-2022, 10:43 AM

Quote:

Originally Posted by grade

Hope the market stays above 29,398.

Good luck everyone.

Yen is your friend.

Market trying hard to support 29,398.

Happy trading . Good luck.

NYBBFAN · 09-26-2022, 12:07 PM

Quote:

Originally Posted by NYBBFAN

Started a small SPX call position today. We’ll see how that goes. Keeping a tight leash on that.

Recouped call losses with some puts. What a weird day.

NeedChapmans · 09-26-2022, 05:01 PM

This is not good for my time.

https://www.interactivebrokers.com/e...enttrader-drop

calculusdork · 09-26-2022, 05:23 PM

Quote:

Originally Posted by NeedChapmans

This is not good for my time.

https://www.interactivebrokers.com/e...enttrader-drop

So like, a second-derivative market then.

NeedChapmans · 09-26-2022, 05:29 PM

Quote:

Originally Posted by calculusdork

So like, a second-derivative market then.

Like indeed.

The success / failure of this market will be based on it's liquidity. $0.10 per contract is nothing if I can buy 1,000 shares at $10 on YES or NO but I'll have to follow for a few weeks and see what kind of spread it offers. Are there enough players to make this worthwhile on a daily basis where if I feel like the Dow is in for a +/-1,000 day, can I buy 5,000 shares at $0.50 in order to score a 40-1 shot?

Looks like max return is 80:1 if contracts are offered between $0.25 and $19.75.

grade · 09-26-2022, 06:04 PM

Quote:

Originally Posted by NeedChapmans

This is not good for my time.

https://www.interactivebrokers.com/e...enttrader-drop

Gambling exactly. This is good.

grade · 09-27-2022, 09:48 PM

Quote:

Originally Posted by grade

Going to find out if USA gaps the country i have been trading in even more. Should be fun.

USA buying power. I hope.

Yup as expected last week, USA is gapping the country i love to trade in.

Yen is my friend, buying power is the backup.

wonder how the US market will react to the Asian market tanking right now?

Blazed · 09-27-2022, 10:07 PM

............

sportsyard · 09-27-2022, 10:57 PM

Quote:

Originally Posted by KhalDrogo

Get approved for a Gold or Platinum, and you have access. Nothing slick. Not a promo. Then you can be a God like me.

Khal its so funny to check in on you every now and again. Still up to your old tricks fighting with people on BO. Convincing people on a card forum you're smart by arguing with them... pure humour. Never change, I love seeing you embarrass yourself.

33GHill · 09-28-2022, 12:21 AM

Did a little number crunching on the compound interest calculator for current I Bonds paying 9.62% compounding semi-annually and if you buy the max allowable at $10,000, on the 30th year (maturity) you end up with $167,557.26.

There is a penalty if you cash out within 5 years: your last 3 months of interest. On the other hand, those thinking about having a family and saving up for kids tuition or even just extra cash for retirement, you can't beat free money.

I believe I read somewhere the rates head to around 6% after Oct 31st?

carlo16 · 09-28-2022, 05:43 AM

Quote:

Originally Posted by 33GHill

Did a little number crunching on the compound interest calculator for current I Bonds paying 9.62% compounding semi-annually and if you buy the max allowable at $10,000, on the 30th year (maturity) you end up with $167,557.26.

There is a penalty if you cash out within 5 years: your last 3 months of interest. On the other hand, those thinking about having a family and saving up for kids tuition or even just extra cash for retirement, you can't beat free money.

I believe I read somewhere the rates head to around 6% after Oct 31st?

Isn’t that 9.62 rate only locked in for the next 6 months?

09-25-2022, 05:52 PM	#3953
KhalDrogo Member Join Date: Aug 2017 Posts: 41,097	I love that grade thinks I go around shopping for new cards to open for promo interest rates. Might want to open your eyes to what’s out there buddy. __________________ I love PSA!

09-25-2022, 06:50 PM	#3959
KhalDrogo Member Join Date: Aug 2017 Posts: 41,097	Amex does very generous free lines of credit through Pay Over Time plans. That’s rewards points plus a few percent on the cash sitting in my checking account that I get for paying in six months instead of today. It’s fantastic. I highly recommend to anyone who can responsibly manage their credit. __________________ I love PSA!

09-25-2022, 07:26 PM	#3961
KhalDrogo Member Join Date: Aug 2017 Posts: 41,097	Get approved for a Gold or Platinum, and you have access. Nothing slick. Not a promo. Then you can be a God like me. __________________ I love PSA!

09-25-2022, 09:11 PM	#3963
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 3,158 Blazed Blazed	............ Last edited by Blazed; 03-30-2023 at 03:33 PM.

09-26-2022, 05:01 PM	#3967
NeedChapmans Member Join Date: Aug 2012 Location: Connecticut Posts: 31,800 ProspectCincy NeedChapmans	This is not good for my time. https://www.interactivebrokers.com/e...enttrader-drop __________________ It is my legal right to freely profit from the notoriety of people who are actively suffering and possibly even dying and for a few hundred dollars I will gladly seek to maximize those profits.

09-25-2022, 09:26 PM	#3964
grade Banned Join Date: Sep 2020 Posts: 3,113	Nikkei market down 2% in first two hours of trading. wonder how wallstreet will react.

09-27-2022, 10:07 PM	#3972
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 3,158 Blazed Blazed	............ Last edited by Blazed; 03-30-2023 at 03:33 PM.

09-28-2022, 12:21 AM	#3974
33GHill Member Join Date: Oct 2020 Posts: 231	Did a little number crunching on the compound interest calculator for current I Bonds paying 9.62% compounding semi-annually and if you buy the max allowable at $10,000, on the 30th year (maturity) you end up with $167,557.26. There is a penalty if you cash out within 5 years: your last 3 months of interest. On the other hand, those thinking about having a family and saving up for kids tuition or even just extra cash for retirement, you can't beat free money. I believe I read somewhere the rates head to around 6% after Oct 31st?