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Thread: ELON TUSK IS GOD

  1. #381
    Quote Originally Posted by sonatine View Post
    hey so whats a good etf to short if i strongly suspected a third of all mortgages were going to default like... soon....
    I will not forget this post from yesterday. Obv, I haven’t eh?

    Look at NRZ today. -21%

    It’ll spin you into that whole residential REIT story.


    If a good player has 14 clubs in a bag - well, I’m only using 6. Scared nit money.


    Helluva post though. Tip of cap.

  2. #382
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    venn diagram of people who didnt call the market top and people who think this is the bottom = single overlapping circle.

     
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      Sanlmar:
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs



    http://www.lolstockaments.com/

  3. #383
    Quote Originally Posted by sonatine View Post
    venn diagram of people who didnt call the market top and people who think this is the bottom = single overlapping circle.
    You can throw in an extra layer of bounce back HODL’er & hope-a-trons




    Quote Originally Posted by sonatine View Post
    siri, what is irony?


     
    That is thought provoking in endless ways. Obviously political but people reflexively thinking food shortages.

    It’s a pretty cool puzzle.... things will change moving forward. The whole demand shock deal.

    Look at commodities prices.

    Coronavirus pandemic crashes commodity prices
    https://www.upi.com/Top_News/US/2020...8791585863775/


    During the Great Depression when people were starving the government was paying farmers to reduce crops and livestock.

    A lot of people in 1933 were angry with the government for killing baby pigs and plowing up cotton. They also opposed the idea of paying farmers not to plant and buying surplus food to raise its price. These agricultural policies were very unpopular among the millions of Americans who could not afford good food for their families. Roosevelt and his followers, however, claimed that his program saved millions who otherwise would have lost their farms and allowed Americans to store a large reserve as insurance against a series of bad harvests. Furthermore, the President's friends argued, it was cheaper to keep a family on the farm than to provide jobs for unemployed workers.
    Today, we lack the political will to do the right thing. Remember that.

    Rabbit punch the next simpleton who brings up 2008. Remember this Vice piece? It was excellent but is downright quaint when you watch it today.




    As you were, soldier

  4. #384
    Oh, special bonus

    I will get my $10k grant before Mass Unemployed get their Cares Act $600/wk.

    You know why.

    Shopping list
    Toilet paper
    Eggs
    gun.


    How appealing is the daydream of taking the government loan for a couple mill and then just closing up shop? You don’t have to pledge a motherfucking thing.

    A boy can dream.

  5. #385
    Quote Originally Posted by Sanlmar View Post
    Oh, special bonus

    I will get my $10k grant before Mass Unemployed get their Cares Act $600/wk.

    You know why.

    Gonna need a gun.
    Starting to think that states will run out of UI.

    Gonna be interesting interactions with people when one is able to get it and the other is waiting for the state to receive more funding. THAT'S when the guns are gonna come into play lol.
    It is in my bones which sucks so can make it hard to move sometimes. Trying to spend as much time with friends and family.

  6. #386
    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by sonatine View Post
    hey so whats a good etf to short if i strongly suspected a third of all mortgages were going to default like... soon....
    I will not forget this post from yesterday. Obv, I havenít eh?

    Look at NRZ today. -21%

    Itíll spin you into that whole residential REIT story.


    If a good player has 14 clubs in a bag - well, Iím only using 6. Scared nit money.


    Helluva post though. Tip of cap.
    Bloodbath...wow

  7. #387
    Quote Originally Posted by Onestep View Post
    Quote Originally Posted by Sanlmar View Post
    Oh, special bonus

    I will get my $10k grant before Mass Unemployed get their Cares Act $600/wk.

    You know why.

    Gonna need a gun.
    Starting to think that states will run out of UI.

    Gonna be interesting interactions with people when one is able to get it and the other is waiting for the state to receive more funding. THAT'S when the guns are gonna come into play lol.
    Mass hasn’t even started cause they can’t get the Feds on the phone.

    The whole Fifth Risk Federal gov under Trump deal.

     
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      sonatine: id like a government please

  8. #388
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    no ones going to run out of UI, everyone will keep getting their checks.

    the gotcha is those checks are going to buy much, much less than they do today.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs



    http://www.lolstockaments.com/

  9. #389
    Quote Originally Posted by sonatine View Post
    no ones going to run out of UI, everyone will keep getting their checks.

    the gotcha is those checks are going to buy much, much less than they do today.
    Quote book on the Cares Act $600 and extending UI rolling thru to election please.

  10. #390
    have a couple of buddies that are SBOs...

    texted with one the other day...asked him how shit was going, if he was getting money to help payroll...

    said it was a clusterfuck...hadn't gotten anything done cause the banks weren't prepared for it...didn't know what kinda documentation to ask for...

    the more gobment the better...GL san, hoping your shit works out...

  11. #391
    Quote Originally Posted by Sanlmar View Post
    How appealing is the daydream of taking the government loan for a couple mill and then just closing up shop? You don’t have to pledge a motherfucking thing.

    A boy can dream.

    I'm under the impression that anything of $200k will take a personal guarantee and perhaps some collateral, though the latter is not a firm requirement. Your point remains, nonetheless. Borrow to the hilt, take some shots, it's free money so if it doesn't work file Ch. 7 and walk away. This isn't going to end well, but I've been riding that horse for a while and he needs to be shot.

  12. #392
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    please keep the PE raiding schemes to the shitthread.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs



    http://www.lolstockaments.com/

  13. #393
    so for my upcoming trade of the week I'm thinking about:

    buy May 15 calls w/ a 50 strike for $5 on RWM which shorts the Russell 2000 and is trading around 52.37.

  14. #394
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    Quote Originally Posted by Tellafriend View Post
    so for my upcoming trade of the week I'm thinking about:

    buy May 15 calls w/ a 50 strike for $5 on RWM which shorts the Russell 2000 and is trading around 52.37.

    im always nervous about low volume options with largish spreads.. like there's no real parachute there if things go poorly, no? please update with w/l if you do this because i feel like you might teach me a lot here.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs



    http://www.lolstockaments.com/

  15. #395
    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by Tellafriend View Post
    so for my upcoming trade of the week I'm thinking about:

    buy May 15 calls w/ a 50 strike for $5 on RWM which shorts the Russell 2000 and is trading around 52.37.

    im always nervous about low volume options with largish spreads.. like there's no real parachute there if things go poorly, no? please update with w/l if you do this because i feel like you might teach me a lot here.

    Glad to. You are right about spreads. I bought some leaps on prudential last week and was aghast at the spreads. And re the parachutes remember what I said a while back regarding who the market makers are. Hard to beat em.

    This article is old so the lack of volatility no longer applies but it shows the Difficult nature of trying to keep up with a group you arenít a part of.

    https://www.barrons.com/amp/articles...ing-1496459364

     
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      sonatine: "Implied volatility is historically low, so profit margins are almost nonexistent in most trades." dying inside

  16. #396
    Futures up 1.5% or so.

    The world is on fire but the markets keep afloat.

  17. #397
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    Quote Originally Posted by simpdog View Post
    Futures up 1.5% or so.

    The world is on fire but the markets keep afloat.

    those fib technicals tell the whole story.

    an ocean's waves keep rolling in no matter what direction the ocean is moving.

    the highs will be lower and so will the lows, some more than others.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs



    http://www.lolstockaments.com/

  18. #398
    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by simpdog View Post
    Futures up 1.5% or so.

    The world is on fire but the markets keep afloat.

    those fib technicals tell the whole story.

    an ocean's waves keep rolling in no matter what direction the ocean is moving.

    the highs will be lower and so will the lows, some more than others.
    You bust your roll upstairs at the crap table. So you sit down with $300 at the 1/2 game figuring you can kill the rest of the night with a chair and $1 drinks.

    The Fed comes over from the $50/100 game with his girlfriend and her fake tits. The rules don’t apply to him so he sits with all his racks of green, black & purple. The Fed plays any two cards to the river and is destroying lives.

    Fed is running over the game.

    Go look at any of the ES continuous contracts the past few weeks and you realize how meaningless overnight has become.

    The SPY closed hard last Friday. I remember watching that. Don’t know what that means.

    Daly wrote about the futility of futures a couple weeks ago to his credit.

     
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      Tellafriend: love the analogy

  19. #399
    Sonatine said fib

    Heís been admiring natureís golden ratio in the shower again.

  20. #400
    Nova Scotia's REAL #1 Webcam DJ sonatine's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Sonatine said fib

    Heís been admiring natureís golden ratio in the shower again.

    speaking of which, thats exactly where i came up with my next longs.


    tbd.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs



    http://www.lolstockaments.com/

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