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Misc Stock Market

Did not expect that open, but I'll be fair and say that I felt that if Russia got the boot from SWIFT, that we'd see 4040 trade on Thursday.

Then we saw the EU and US impose what seem to arguably be even more brutal financial restrictions on Russia's central bank then just certain banks being dropped from SWIFT.

I'm in full support, but it's going to be genuinely interesting to see how this plays out. I think Russia is in a better spot with their debt, but back in 1998, when the Ruble collapse forced them to default, it exposed a big cockroach in LTCM (this is something that I know just through reading btw), which led to a bailout because of concerns over contagion from it.
 
Broken024 said:
I quit if this opens green
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Keep in mind I bought EOD SPY 419 puts for the next day after the melt up Thursday around 428. Futures dipped under 423 that night and I was counting my stacks...in the end it opened well above 430 and I sold that morning at the bell for a 55% loss. This market hates bears.
 
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