24 Comments

It now takes an average of 50-54 weeks of median wages every year to pay for basic needs. Like you said GM, these bolshevicks are trying to destroy the middle class but your LIONS stand in the way. The strongest hearts have the most scars and its time to roar. Stay handsome.

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Crazy times!! It's amazing we are in a depression and most people walk around oblivious to this fact, until one day they wake-up in the middle of the street scratching their heads asking WHAT HAPPENED??

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"Yea though I walk through the valley of the shadow of death I will fear NO evil for thou art with me thy rod and thy staff they comfort me. Thou prepare a table before me in the presence of my enemies thou annointest my head with oil, my cup runneth over"

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Buy the effing dip!

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That you.

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Thanks Greg, Ole YELLOWSTAIN bringing the BAD GOOD NEWS!!!

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👍

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I sold all my longs before market close,

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Hi, I just noticed the CSCO, don't know how I missed it. I am assuming it is too late to buy it for tomorrow. I know I need to get in when Gregory sends out the trade. Thanks.

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It's been down for some time. You can still pick it up if you want though you might want to wait a bit longer until it's stabilized.

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Thank you!

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It’s actually quite a bit down since his recommendation.

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Thank you

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When adding what is the rule of thumb? Double down or what percentage is good!!

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Greg never really goes into this level of detail with trading (wish he would, but he doesn't). I suspect it's case by case.

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I have been doubling down on the trades. Not sure if over kill for some positions. But it can't hurt as long as I am not using margin

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Yep I've watched sometimes when greg pulls profits and I'm still a fair way off, it's always because he's bought more as stock went down, which I do too, but for example with the EBAY trade I was WAY off. Then you see his twitter posts saying that he felt he bought too much etc. Would be super useful if he would let us know % he's adding in, but mindful of too much hand holding etc. This is coming up a lot though because lately he's closing lots of 1%, 2% 3% profit etcetera and lots of lions bleeding in these comments.

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GM is providing great trade ideas, but it's still up to us individually how we play them. Our enter price size of position etc. makes them unique trades and we need to play them accordingly.

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Yep I think the same way, which is why I'd never pester him about this level of detail. There's a lot of skill involved in options trading, and risk is relative to the individual.

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Crazy thing is 10 Yr. yield has been falling all week and stocks go up, and now 10 Yr. yield is rising and stocks are falling? A$$ Backwards?

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falling because the dollar is spiking

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DXY up to 92.96 right now.

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GM mentioned 3hours ago short term - dollar is bullish...i think that was a heads up for today haha

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Yea I noticed that too.

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