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12/18/2017 Live Update

Re: 12/18/2017 Live Update

Postby Al_Dente » Mon Dec 18, 2017 3:05 pm

trump live now
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Re: 12/18/2017 Live Update

Postby Al_Dente » Mon Dec 18, 2017 3:09 pm

Al_Dente wrote:
fehro wrote:and got out of RIOT way too early - that leaving money on the table feeling is just as bad as getting stopped out and then see price turn :shock: .

I would agree with everything EXCEPT BITCOIN, but then i'm a wussie
EARLY IS FINE WITH EVERYTHING BITCOIN imho
DBTC is on the fidelity retail accounts active list every single day
It holds bitcoin. Guy on bloomberg this morning said DBTC’s NAV is about $1600 or $1700 vs the DBTC price was about $3250. Outrageous premium to NAV.
He was hyperventilating to go short, and depending on your broker, it's sometimes available to borrow, albeit big$ carry

CORRECTION: THAT SYMBOL IS GBTC
GBTC
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Re: 12/18/2017 Live Update

Postby Cobra » Mon Dec 18, 2017 3:24 pm

testing support, direction unknown, key time.
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Re: 12/18/2017 Live Update

Postby Al_Dente » Mon Dec 18, 2017 3:42 pm

GS via zh:
BIG BANKS = big benefits from tax plan
http://www.zerohedge.com/sites/default/ ... ax%202.jpg

1218banks.png.png
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Re: 12/18/2017 Live Update

Postby Al_Dente » Mon Dec 18, 2017 3:45 pm

It's funny listening to bloomberg trying to figure out what LFIN is/does
Geezers may recall the many outrageous shell IPOs in 2000.
Maybe bad analogy, but it has the same "sound"
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Re: 12/18/2017 Live Update

Postby Shaishen » Mon Dec 18, 2017 3:53 pm

Al_Dente wrote:It's funny listening to bloomberg trying to figure out what LFIN is/does
Geezers may recall the many outrageous shell IPOs in 2000.
Maybe bad analogy, but it has the same "sound"


I am a geezer :D and I do recall

as for LFIN doesn't this make sense? " Collateralized Warehouse Receipts in the form of Warehouse Coins loosely pegged to Ethereum and Bitcoin Crypto Currency. "
.
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Re: 12/18/2017 Live Update

Postby Al_Dente » Mon Dec 18, 2017 4:00 pm

HAPPY HOUR
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Re: 12/18/2017 Live Update

Postby Al_Dente » Mon Dec 18, 2017 4:05 pm

Shaishen wrote:
Al_Dente wrote:It's funny listening to bloomberg trying to figure out what LFIN is/does
Geezers may recall the many outrageous shell IPOs in 2000.
Maybe bad analogy, but it has the same "sound"

I am a geezer :D and I do recall
as for LFIN doesn't this make sense? " Collateralized Warehouse Receipts in the form of Warehouse Coins loosely pegged to Ethereum and Bitcoin Crypto Currency. "

:D
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Re: 12/18/2017 Live Update

Postby fehro » Mon Dec 18, 2017 4:06 pm

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Re: 12/18/2017 Live Update

Postby Al_Dente » Mon Dec 18, 2017 4:37 pm

GOOD NEWS
BERNIE MADOFF
Trustee has recovered 73% of $17.5 billion in lost principal
… expects to recover all of the lost principal and perhaps more
… more than 24,000 victims worldwide
https://www.bloomberg.com/news/articles ... new-payout
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Re: 12/18/2017 Live Update

Postby Trades with cats » Mon Dec 18, 2017 4:40 pm

ES 03-18 (2 BetterRenko(17)) 2017_12_18C.png

Nice Double top (ok filmed in slow motion) and now threatening to sell into the close. Still think that big gap up is vulnerable but I do agree the action today made it clear the market thought just below 2,700 is a fair price. Problem is no surge of buyers has show up at these prices.
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Re: 12/18/2017 Live Update

Postby Cobra » Mon Dec 18, 2017 4:49 pm


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Re: 12/18/2017 Live Update

Postby Cobra » Mon Dec 18, 2017 4:50 pm

well, guess that's it for today. Tuesday tomorrow has been generally bull friendly, thank you guys, I'll see you tomorrow.

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Re: 12/18/2017 Live Update

Postby Daniel » Mon Dec 18, 2017 5:07 pm

The 'gap play' of the day would've been to short IBB right at the open. That gap up was a sheer gift. Biotech companies have no liking for a Tax bill which cuts the breadth of health coverage. IBB closed right near the low, after making its HOD in the first 15min.

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