SMC Special Update 9-24-24 10am Pacific

09/24/2024


Comments (5)
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m1.c70
m1.c70

Dow Jones $DJI has broken through the 125 year resistance trendline?

XXSPOWER127
XXSPOWER127

m1.c70 said:

Dow Jones $DJI has broken through the 125 year resistance trendline?

Dont worry - Peter will say it did the same thing in 1929 and then it COLLAPSED 99% SIG NIF IC ANT LY

SOOOO

SELL THE HOUSE AND BUY PUTS LIKE HE HAS SINCE 3800

Baaaawwaaaaaahhaaaaahaaaaaaa

jebbpeter65024
jebbpeter65024

XXSPOWER127 said:

m1.c70 said:

Dow Jones $DJI has broken through the 125 year resistance trendline?

Dont worry - Peter will say it did the same thing in 1929 and then it COLLAPSED 99% SIG NIF IC ANT LY

SOOOO

SELL THE HOUSE AND BUY PUTS LIKE HE HAS SINCE 3800

Baaaawwaaaaaahhaaaaahaaaaaaa

Whats a put

XXSPOWER127
XXSPOWER127

jebbpeter65024 said:

XXSPOWER127 said:

m1.c70 said:

Dow Jones $DJI has broken through the 125 year resistance trendline?

Dont worry - Peter will say it did the same thing in 1929 and then it COLLAPSED 99% SIG NIF IC ANT LY

SOOOO

SELL THE HOUSE AND BUY PUTS LIKE HE HAS SINCE 3800

Baaaawwaaaaaahhaaaaahaaaaaaa

Whats a put

ENTER CHAT GPT THANKS AI ai AI ai ai ai ai

A put is a type of option in trading that gives the buyer the right, but not the obligation, to sell a specific asset (like a stock) at a predetermined price (the strike price) before a set expiration date.

If you buy a put, you're essentially betting that the price of the asset will go down, and if it does, you can sell the asset at a higher price than its market value, potentially making a profit.

For example, if you own a put option on a stock and the stock price drops, you can sell the stock at the higher strike price, even though the market price has fallen. If the price doesn't drop, you can choose not to use the option, and you would only lose what you paid for the put.

People often use puts to hedge against potential losses or to profit from a decline in a stock or market index.

XXSPOWER127
XXSPOWER127

$nvda 7-8 OFFSET 90% UPSIDE TO HIT 130+

NOW WHAT BEAR SUIT ?

sig nif i cant

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