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Market will go down 10 points on the worry that Greece parliament might not approve the deal and after the deal is approved it will go 300 points and when the banks are open, it will go up another 300 points because Greece deal is done and another 300 points up when they have the final news...

Many traders should be losing money shorting AMZN and NFLX left and right. Two overvalued stocks with unlimited upside potential.

Their wives called and told them, get your ass over here today or ..... and then there was a deal.

So you are telling me there is a chance :D

Is market open? :).

Now that Greece and China worry is over, interest rate worry takes the front seat. Interesting : Oil has been down over 10% in the last two weeks and gas prices are up 20% in California. Perfect correlation !!

Since you had the shares you will not be short. You will be flat on that stock position in your account and your account will be credit the strike price of the call. If you don't have the shares, the broker will handle that. You do not need to worry about that. These issues are taken care of by...

Is Greece talk going astray?

The said the average is 15K so some have over 15K and the news was suggesting that 15K is so low and also 7% is also low so it should not have that much effect.

I don't know the rate in US but they were saying it is much higher in US compared to China.

check out the attachment. It is up to 5:15 ET

I hear that only 7% of Chinese trade and they have about 15K in their account and the government came to rescue that 7% that lost their money to save economy and keep them feel rich so they can contribute in consumer spending.

We were told that there is unlimited risk in investing in stocks and options but it seems that fact does not apply anymore.

A food of thought for your weekend. How do they calculate Chinese index when 50% of the stocks are not tradable? Do they assume that they also rose 5% or they consider them flat (last close) ? :eek:

I like his hanging banana tie :confused:

I remember 1998. Very bad. I also learned the best place to invest is China. Your loss is limited to 30%. If it goes above that, the government will intervene.

Now market is even beyond your prediction. Up 155 points :)

I wish you luck. You have the ability to disagree without getting in ones nerve and insulting.

With today's price action no one will dare to go long AH or tomorrow through the weekend.

A few questions you should ask yourself while market is up today : 1- Is Greece problem solved? 2- Is China problem solved? Based on what I have learned so far, Greece will stay in Europe and will get some kind of money but the problem will be after that. There will lots of questions asked and...