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Nice call! Before the report came out I was flipping back and forth on the NQ while it was stuck in that tight range but made sure to go flat before the report. Worked out well!

Right now in my area we are paying $1.77 approx. It will probably fall more of course here in the next few days. I think we have .40 in taxes a gallon. Something like that. As gas prices fall it is crazy to think about how much as a % you are paying towards taxes on that gallon. 30% :eek: Oh...

I put on -jan/+feb @ .51. Was walking into a meeting and saw things turning up so entered....looks like I should have waited to see if things were going to stay up, whoops.

Is the main reason for shorting it vs buying a 3x long fund instead just the decay you mentioned?

Check the date on his buy. It wasn't today, the stock was at a different price.

LMAO I would have cracked up.

I think that is my parent's neighbors haha

Quick math, excluding Alaska and Hawaii, that would come out to $1950/acre if you did it just based on land and assuming 3.7t in gov rev. PLUS the city and county property taxes on top of that of course. If you own a farm and can have one cow calf pair per acre....you lose a lot of money very...

Farmers and land owners would get hosed. Nobody would want to own less desirable land more than likely with that type system.

That's crazy. The prices here for the homes are obviously significantly less as well. My house is about 3,100sq ft and I could probably sell it for about 260-275k I would guess. I would assume more than double that price in Chicago suburbs.

Many states with out income tax, one perk of TN I guess. Also, I would say despite not having state income taxes, our property taxes aren't much different than most other places more than likely. I pay $1,800 for a 1 acre lot in a smaller city (counting city and county includes trash pick-up...

Do you mean automatic or semi-automatic? Automatic has a more requirements and restrictions. One of those includes getting a police chief or something like that to sign off on it if I'm not mistaken. Either way, not the thread to discuss that topic anyways, so I digress.

Very good call! Thanks for posting on it @Iron.Maiden , I saw this yesterday, but then forgot about it and got lucky on the timing. I bought the 118 put (@1.63) off the triple top on the 1m chart. I had to leave though and put way too tight of a limit on there to exit. I missed a big chunk of...

When you say it confirmed, are you all using time as the confirmation? So ex. if the level you are watching holds for a day then it is confirmed?

slow day today

haha no doubt! 4.5pts on the day is all I got, but hey its a positive day, so I am happy. But I am working from home today and have only been watching the chart a small portion of that time. I missed all the big moves...of course.

The reason for my quick exit was because I actually entered late, I missed my initial entry point and 69 was my target based on that. So just stuck to my target.

Sure: I was going to try and enter again at 4667, but before I could get my order placed it had already moved up and I just didn't try entering again.

Thanks for the call! I actually had called it a day, but after seeing your message I pulled up the chart real quick and saw a setup I use had just formed (on NQ) so went long for a couple points. Probably should have held for more like you suggested also, but either way a profit.

Is there trading on Thursday? Thanksgiving in the US. Speaking of which, I believe it was on thanksgiving last year that oil got crushed.