Dow?

[AW]

The correction corrected itself. What a short window for the dip

 

[qwerty]

So you guys think 16,000ish appears to be the floor? Seems like after being down 1000 today the market seems to realize it was getting a bit irrational? Any thoughts?

Just debating when to reload/average down after taking with no Vaseline the last week.

 

[The Motor Court Company]

Tim Cook saved the day?

So you guys think 16,000ish appears to be the floor? Seems like after being down 1000 today the market seems to realize it was getting a bit irrational? Any thoughts?

Just debating when to reload/average down after taking with no Vaseline the last week.

 

[lnc]

Anyone got some good deal this morning?

The First 20 min was so crazy, I've difficult time to get even a single trade processed.  The trade traffic was so high that almost crash my brokerage's site. 

 

[qwerty]

I couldn't log in to my brokerage site either

 

[AW]

WWWBD
What would Warren Buffett do....

I had a difficult time just looking at yahoo or Google finance page. 

 

[nosuchreality]

Warren buys mismanaged companies and fixes them.  His stock picks are like Trump's real estate deals he isn't buying retail

Now grab some Tums and get trading or turn off the news feed and come back in a month when the market is probably back to highs

 

[Goriot]

Nice come back from 1,000 pt drop.  But, don't try to catch the falling knife yet by going all in.  Take profit on the up bounce and jump back when people give up.  More downward action still to come.  Market bottoms when individual investors says "Mercy". 
But, it will eventually come back in the long-run as usual so gradual dollar cost averaging is a good strategy.

 

[Ready2Downsize]

Today would have been a great day to trade those vix options. Doubt it goes higher in the short term but who knows?

What kind of margin is required for your naked vix options?

 

[eyephone]

Shanghai market down, Japan Market down

 

[aquabliss]

Good thing I sold everything yesterday and went 100% cash... Oops.

JK.

 

[morekaos]

Traders dream!!

https://youtu.be/X8PyTo6NyXA

 

[jerometl]

Shanghai market down, Japan Market down

eyephone, staying up late at night watching Asian market eh ?  >

 

[eyephone]

Shanghai market down, Japan Market down

eyephone, staying up late at night watching Asian market eh ?  >

Just a quick view on the cnbc app.

#moneyneversleeps

 

[Goriot]

Volatility continues.  Last minute stock dumping.  Anyone try to catch a falling knife? It was up 400pt in the morning and closed down to Negative 204 pt.  It was up 200 pt around noon and 400pt swing to a negative territory in the last 30 minutes.  Outch!

 

[lnc]

Volatility continues.  Last minute stock dumping.  It was up 400pt in the morning and closed down to Negative 204 pt.  It was up 200 pt around noon and 400pt swing to negative territory in the last 30 minutes.  Not pretty~

Dow closed at 15,666  >

 

[aquabliss]

Volatility continues.  Last minute stock dumping.  It was up 400pt in the morning and closed down to Negative 204 pt.  It was up 200 pt around noon and 400pt swing to negative territory in the last 30 minutes.  Not pretty~

Dow closed at 15,666  >

And down -204.91 pts.

2+0+4+9+1 = SIXteen...!

 

[usctrojancpa]

Today would have been a great day to trade those vix options. Doubt it goes higher in the short term but who knows?

What kind of margin is required for your naked vix options?

As the VIX rises so does the required margin.  But in a somewhat calm market you'll need about $30k of margin to sell 100 naked out-of-the-money VIX calls.  I think currently the margin is more like $50k-$60k per 100 naked contracts.

 

[morekaos]

duuhhhhhh

 

[jerometl]

FCX up +27%, PBR +11%, VALE +9% ..

banging my head now.. I was very close to double down yesterday when I saw the market up big but commodities stocks barely moved, but was too afraid to catch a falling knife..