Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. AsphaltFarmer

    AsphaltFarmer Medium Load Member

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    Haha, man I heard them folks always find a way to end up with the perfect stock trade
     
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  3. HaulinConestoga

    HaulinConestoga Light Load Member

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    Paul missed his calling , he could have been the owner of Berkshire Hathaway.
     
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  4. supergreatguy

    supergreatguy Road Train Member

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    lmao, you right. If only I could get into his chat group!
     
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  5. supergreatguy

    supergreatguy Road Train Member

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    77B575F4-EBCC-480B-AC14-C387CB7E5A46.jpeg

    Entered SPX 3900p (puts which means betting market drops) 10 contracts for $3,700.

    78BA2979-2810-4F71-88A7-18474D0AAF51.jpeg

    Sold 10 3900p for 5.90 ($5900)

    so $5900 - $3700 = $2,200 profit in that move. Total time of holding those contracts was 11 minutes. $2.2k in 11 minutes. (1 of 3 trades for the day)


    F9F16A8B-8EC6-4D71-80EE-15AFE1C5500F.jpeg

    So my BUY was at the top circle, which correlates with the TTM squeeze indicator (bottom screen, you can see the blue go to yellow which means buyers are stepping OUT and SELLERS are stepping in) that showed me that the momentum is reserving so I entered. When I sold, I used the same indicator to see that buyers are stepping back in. Again, my position was betting the price DROPS.

    hope that helps? Haha
     
  6. AsphaltFarmer

    AsphaltFarmer Medium Load Member

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    I'd pay to watch that edition of The Thrilla' in Manilla... The Oracle of Omaha vs Paul "San Francisco Crisco" Pelosi
     
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  7. supergreatguy

    supergreatguy Road Train Member

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    It’s insane that their net worth doesn’t run linear with their yearly salary. It’s like a 50:1 ratio. They just get away with it like it’s nothing. Absolute crooks.
     
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  8. HaulinConestoga

    HaulinConestoga Light Load Member

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    Well if you want to sell you Soul to the Devil and sleep with her also, more power to ya.
     
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  9. Long FLD

    Long FLD Road Train Member

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    Since we’re not forced to join OOIDA it’s ok for them to go against the ATA and such in Washington then instead of all of us forging our own path when it comes to regulations. Got it.

    Anytime size and weight increase come up OOIDA cries about safety. Really it should come down to if you don’t want to run 97k gross on 6 axles then you should leave the industry. Speed limiters aren’t safe according to them, but really they should step out of the discussion. If you don’t want speed limiters you should just leave the industry. That’s basically what you’re saying, right? Since you say that if someone doesn’t want to run a 2 mile long train all by themselves with no other crew they should just find another job.
     
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  10. supergreatguy

    supergreatguy Road Train Member

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    I’d rob them at gunpoint for the chat then run lol
     
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  11. HaulinConestoga

    HaulinConestoga Light Load Member

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    Don’t forget to poop in their driveway.
     
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