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I am not trying to predict a major market correction or what the market will do by next earnings season. I trade options (have a particular trading stock) and am predicting that in on the close Wed and out by 11:30 AM Friday has promise....ceteris paribus My method works by being in the zone...

I was wrong. I was predicting a little more downside on the close. Still predicting tomorrow down. If you know you know. If you don't you don't.

If you are a swing trader, here comes the pain

When there is no bounce it will sell off

Here comes the pain.

Market to close near lows. Tomorrow down to flat. Wed down to flat. Get in toward the close. Out around 11:30 AM Friday. Doing options. In near the close on Wed out by 11:30 on Friday. If you know you know. If you don't you don't.

GS is a good option play. If you are there at the right time you can hit big.

The Dow Jones Mini is now down 454 and on Elite Trader we get current posts like if I change my font color from red to green will I do better in the next 3 months. Most responses are total disconnects from current market conditions I get the impression that most traders here do little one or...

The Bell Curve - Exhaustive research indicates that no matter what is done, African Americans, ON AVERAGE, are less intelligent, AS MEASURED BY INTELLIGENCE TESTS, (1 standard deviation from the mean), then other groups measured. You can control for income, education of the parents, whatever...

https://www.foxnews.com/opinion/preening-college-admissions-officers-and-entitled-celebrities-heres-why-the-whole-scandal-was-inevitable Just being black quadruples your chances of admission to Harvard. The university claims that if race were not a factor, then the percentage of blacks at the...

The African America leadership has really let their people down. There is a lack of positive thinking across the board. The primary voice of the African American community is expressed via Rap Music. "You're Not Thug Enough To Be Black." I remember reading about the city of Chicago school...

Interesting article - https://www.foxnews.com/opinion/preening-college-admissions-officers-and-entitled-celebrities-heres-why-the-whole-scandal-was-inevitable Some highlights Just being black quadruples your chances of admission to Harvard. The university claims that if race were not a...

"As previously reported by USA TODAY College, the current shield is drawn from the family crest of Isaac Royall, Jr., “whose bequest to the College in 1781 was used to create the first endowed professorship of law in the College in 1815. Royall derived his wealth from the labor of enslaved...

There is not an African American today (person of color) who wishes their ancestors had stayed in Africa. We have all seen the pictures of starving, fly infested, Africa. Slavery is still an accepted institution in some African countries. Every single African American should be thankful...

You did not mention if you were trading options or not. With options wash sale is subjective. Regardless if only $4,000 in profits were reported to the IRS and you think you made $5,000 - good. You have to pay capital gains on less profit. More for you.

Thanks. I already took care of it. I did a Frank Sinatra.

Here is an example of the reporting of 0% tax liability - https://www.nerdwallet.com/blog/taxes/capital-gains-tax-rates/

Starting taxes. Some new forms. It is saying in several places online but can not find in IRS tax instructions that there is 0% tax liability on capital gains for those with incomes from $0 to $38,600 ( I am doing this for someone else) In this case a significant long term loss is being...

You did OK today because of action near the close but 1. Buying options on the open often encounters a reversal. Also the bid/ask spread does not settle for awhile and is relatively large on the open. 2. You are paying a small volatility premium since tomorrow is earnings. If things go well...

I know several people who have gone to Costa Rica for dental work. Dental is not the same as other types of surgery but in a few case the people saved about $50,000 on a full mouth fix. If you need lots of dental check out Costa Rican Dental www.costaricandental.com