Nonsense. Oil,was up on weak dollar, it is what it is.
Weaker dollar is neutral to airliners, airliners are sold on profit taking and nerve breaking.
It will be buying opportunities again sooner or later; there's nothing to fear.
Uncle took profits people took profits, even bears dumped all shares, Uncle saw that.
It's business as usual, Wall Street is a big casino.
The market is Always Rigged as usual, part of the reasons Uncle talked about buy,buy,buy,and sell, sell, sell. They always tried to push the market one way or the other till they can't. Luckily, Uncle was greedy enough before getting cautiously optimistic by selling and selling "early". Thought about selling covered calls on shares left last night here but was sleepy enough to go sleep too early. With only Tons of Jan $50 calls left, Uncle may sell short-term puts tonight here at open to start buyback program.only saw my refiners doing well, little off on storage/tankers, pretty bad on core holdings.
1st day Uncle retreated from all-time high.
That said, hate to comment on same ole AAMRQ nonsense, you always get what you're owed, not a big thing to offset loss with share price down.
That's more reasonable with flat production and less import, but the greedy refineries insist importing deep discounted dirty oil to mix with condensate, leaving lots of sweet American oil scrambling for more storage. It's about time for storage/tankers to move, common sense..
It's only 10pm here and you want me to go sleep?
You only asked for $12.50, you get $12.50 already, isn't it amazing?
Good night from Taipei.
It's just weird if Uncle wants to trade all day long, Uncle has to stay up all night. Wall St. opens 9:30 pm here and doesn't close till 4:00 in the morning, it's probaly fine for now, not good when Uncle starts moving around in a couple of days.
By the way, we got 6.0 earthquake last night, it was quite a shaking Uncle couldn't enjoy at all. Not to mention the raining all day, but Uncle went to get my senior card to ride subways at 60% off, morrow Uncle go ride bullet train at 1/2 price. Old farts got more respect here.
People still believe it religiously, you can do it anywhere on earth, nobody cares about taxes, especially on lubricative derivative market.
Uncle is dumb, Uncle either buy,buy, and buy more, when Uncle feels good, Uncle sell,sell and sell.
Watching across the pond, also tried to block it at $12 when America opened, but failed. Will stay in Taipei for 2 more days before going South. Japan can wait for another week.
It's alread Tuesday here. Time is upside down with NYC, Hard to trade from 9:30pm to 4:00am for sure.
WIll $12.50 be enough for Uncle's Tuesday?
Just buy low, sell high or buy high and sell higher!
Make it simple.
Just doesn't matther if you do with equity or options.
Only the money in the pockets counts!
Well, couldn't do it while I was on the plane, pre-set one day order got stolen for real cheap, 50 April $50 was stolen at deep cheap $5.50, that's $5,000 less than market at Friday's close, but it was huge profit percentage-wise. Not pressured to sell May, Aug, and Jan's, uncle will be back by mid April.
Did, without doing a thing, very well the last 2 days with the market. It's almost crime to keep beating the market to death.
Just woke up to check if there was the "handshake" in late trade between funds that bought up all the shares and sold to those that really need it , it appears they still do the same old tricks nowadays.
Got stoamack upset with greaser food in Taipei, no jet leg. Can't trade with 12 hours ahead of New York, must ride with the broad market up and down.
Both 12:05 am and 12:30 am EVA from LAX arrived within 10 min; only one empty seat in Busisess class, Mongo missed the plane? EVA does not have 1st class, it's smart to have more lower class to fit Uncle's budget?
1st text message Uncle got was Uncle sold 50 APRIL $50 for only $5.50 cheaply and too early. Thought they would keep it under $55 for option expiration, bad assumption in retrospect.
//What price would you recommend entering a trade position on VA?//
Technically, the CS girl is pretty mean, she didn't just downgraded AAL, she "initiated" bearish coverage on VA at "neckline". How does she tell the Cowen girl who has $53 target on VA? How low is it going to go is everyone's guess, maybe it'll be the low tomorrow if her "target" of $31 means a thing, maybe it goes all-time low? You don't need enough data, you know the chart pattern and the book you got, or you go Shampoo you'll remember the name?
//my parents lost a child at birth before they had me//
Wife has forgotten or she just didn't want to talk about it, but deep down I always remember the moment we had to make decision if we wanted to keep her on life support. Maybe that's part of the reason we let our kids do whatever they wanted and only gave them guidance from time to time; luckily they turn out pretty well. My kids knew all that, and my girl will get extra money to spend for her sister she's never met. I hid away enough money in my brother's account which I will transfer to her when she gets married, a house she really wants in Tokyo. That said, if there's anything I want, money ain't one of them, but Son will want to have a couple of years of fun before Uncle gets grandbaby.
Now, I'm really ready to go but planes normally leaves on time.
// I have to think Zangnut's Day will be a day of rest at this point.//
Don't get Stressed out, nobody will hold you accounted.
You go play with the babies.
Will report back when I get there, but not posting much on iPad and Mini.
Life ain't Perfect, but it's Perfectible.
We got little setback due to market insanity, we're just getting into Hot Session, today we make little sacrifice for the overall market, AAL is still going up, while Uncle is making big Charity with other Airlines giving back to the market. You guys will make too much money that you'll even feel like a crime later, just sit back and relax or find a place to go.