More than just noise in a bullish trend these past few days? Seems likely it.
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Damn. That’s a nice hall

Question though. If you buy your calls but end of closing for a loss, won’t you incur a wash sale? I’m always hesitant to close a position and open a new one within 30 days because of this. . Am I missing something?
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Bought ONCS on sale today for 1.9.....shooting for the moon tomorrow I’m hoping. See y’all at the top!!!!!!!
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Next week is gonna be dollar dollar bills ya'll.

I can feel it.
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Options don't generate wash sales and I bought different ones, not the same.

Options generate "gross proceeds" reports on your tax forms. It can be a real pain in the ass at tax time if you are sloppy at records or have to do it your self.

Most brokerage firms now do a great job of summarizing your options purchase and sales.

If your options expire worthless, you technically don't have a sale take place, just an expired worthless option.
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Dow implied open +500 this morning.

I didn't even look at my portfolio last night because I just didn't want the vision in my head all night.
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Oof. I bet lots of fools stops got ran the last few days.
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Yup, again goes to show why timing the market is just a fools game. And while I will use stop losses occasionally (to lock in gains on inflated stock), I only do it on a position I no longer want to own anyway. If you do it on a position you still want to keep, you end up buying back in at a higher price, using this week as an example.
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Did some reading on the Golden Butterfly last night. I find that very interesting. Similar market gains but with 60%+ LESS volatility.
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That looks interesting but I am not sure about this permanent portfolio business. 25% cash and 25% gold?? I haven't read into a lot yet but I surely do not like that.
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I was looking at the one without cash.

http://www.lazyportfolioetf.com/allo...den-butterfly/
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I’d be out on anything that requires gold.
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Market is about 5 ticks away from some fast selling if we break negative...and as I type this, there it goes......

it's trying to hold at yesterday's close which is also the 200 day SMA ....that might hold it up .....but it being Friday makes me nervous about that holding for long
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My thoughts exactly but Gold’s shown to be similar to an “inverse” equities position without having to be in a more volatile inverse fund. You can see the numbers about how gold will offset equities losses in major downturns.
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