No sooner did I write this than Marketwatch prints thisQuote:
Originally Posted by Sanlmar
Printing this on June 10th is too late for Sonatine. nvidia nostalgia to ‘tine was as powerful as Saved By The Bell is to Druff.
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No sooner did I write this than Marketwatch prints thisQuote:
Originally Posted by Sanlmar
Printing this on June 10th is too late for Sonatine. nvidia nostalgia to ‘tine was as powerful as Saved By The Bell is to Druff.
take a look at BOIL options if you want to gamble. insane moves.
Thx Tellafriend
Oil from Ukraine on.
Quote:
Originally Posted by Tellafriend
Quote:
Right. I have already flipped it for a 10% profit in one day. It will probably go back to 100 now.
https://twitter.com/LukeGromen/statu...TQLUksFAXd5qug
here you go San.
Still bullish on the tip stealing cruise lines Garrett & Daly?
CCL back to the early days of 2020 shutdown… like when they were shut down.
Just busting the Florida men’s balls but good god almighty
Doubt my feet ever touch a cruise line’s deck again
It’s started.
https://www.zerohedge.com/markets/ch...ve-hikes-rates
Musk releasing his Tesla robot soon…
I really miss Uncle Ted.
Bought some CCL and Norweigan, and obviously hasn't worked out so far. I know my parents and their friends are cruising again spending what little is left of my inheritance, but I guess the rest of the masses not so much.Quote:
Originally Posted by Sanlmar
lol at ur shitbag parents not investing in palm springs over the last decade ITS FIRE ON THE VRBO MARKS YALL
shitty cruise stocks pair nicely with crummy casino stocks. Might I recommend some $50 Wynn.Quote:
Originally Posted by KalamBought some CCL and Norweigan, and obviously hasn't worked out so far. I know my parents and their friends are cruising again spending what little is left of my inheritance, but I guess the rest of the masses not so much.Quote:
Originally Posted by Sanlmar
Pooh sold some $100 Wynn puts and that amused me. He was always and energy degen so he’s prolly a damn oligarch now despite Wynn.
Funny you say that, because we actually bought a short term rental investment property not far from there during the pandemic, and it has done nicely, although things have definitely slowed down this year compared to last. I actually wouldn't mind getting another if interest rates magically went down to 2% again, but unfortunately that ship has sailed and isn't coming back.Quote:
Originally Posted by lol wow
Gay real estate - you’ll make out (lol)Quote:
Originally Posted by KalamFunny you say that, because we actually bought a short term rental investment property not far from there during the pandemic, and it has done nicely, although things have definitely slowed down this year compared to last. I actually wouldn't mind getting another if interest rates magically went down to 2% again, but unfortunately that ship has sailed and isn't coming back.Quote:
Originally Posted by lol wow
If you can’t beat (them off) join them.Quote:
Originally Posted by SanlmarGay real estate - you’ll make out (lol)Quote:
Originally Posted by Kalam
tick, tock
The People’s Bank of China will create a yuan reserve pool with the Bank for International Settlements and five other regulators to provide liquidity to participating economies in periods of market volatility. China along with Indonesia, Malaysia, Hong Kong, Singapore and Chile will each contribute a minimum of 15 billion yuan ($2.2 billion) or US dollar equivalent to so-called Renminbi Liquidity Arrangement, according to a PBOC statement on Saturday. The funds will be placed with the BIS. “When in need of liquidity, participating central banks would not only be able to draw down on their contributions, but would also gain access to additional funding through a collateralised liquidity window,” according to the statement. The agreement marks the latest step from Beijing to push the internationalization of the Chinese currency, challenging a global financial system dominated by the US dollar. (Source: bloomberg.com)
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Burry Twitter pic cause I’m sure he’ll delete. A lesson is crowd psychology for the noobs
Tom Siebel is a tech CEO now and WAS ORACLE - see ORCL chart
Classic Burry from last year
Sell the spike
quick reminder; burry is the guy who longed gamestop for years *because he thought gamestop was undervalued*.
Serious question that I dont really know the answer. If it was inevitable that another economic superpower would eventually come along and challenge the petro-dollar, wouldn't the best case scenario be one that holds $1 trillion of US debt? How does the saying go, if you owe someone $1,000 you have a problem, but if you owe them $1 trillion, then they have a problem.Quote:
Originally Posted by Tellafriend
So does this mean in theory in this market if one sold stocks after a big spike and then bought back in after a correction, they would most likely do better than the market, or even just keeping the money in cash??Quote:
Originally Posted by SanlmarNo sooner did I write this than Marketwatch prints thisQuote:
Originally Posted by Sanlmar
Printing this on June 10th is too late for Sonatine. nvidia nostalgia to ‘tine was as powerful as Saved By The Bell is to Druff.
This is millenial thinking. Buying the dip.Quote:
Originally Posted by KalamSo does this mean in theory in this market if one sold stocks after a big spike and then bought back in after a correction, they would most likely do better than the market, or even just keeping the money in cash??Quote:
Originally Posted by Sanlmar
No sooner did I write this than Marketwatch prints this
Printing this on June 10th is too late for Sonatine. nvidia nostalgia to ‘tine was as powerful as Saved By The Bell is to Druff.
That whole mindset needs to be turned on it’s head. You are shorting the spike. In a bear market the primary move is down. Be on the right side of history.
We’ve had a massive move already and could see a 7% bounce but understand dip buying went out with man buns so tread lightly
I’ve been taunting Sonatine for a couple of months with “sell the spike”. I saw evidence of him bargain hunting (NVDA) and I like him so I want to help.
Ridicule is love
Senpai
Our boy was spared
Binked $70mQuote:
Defense attorney Roger Burlingame described his client as a “singularly sunny, childlike, guileless, trusting person who is instantly beloved by all who encounter him, including the FBI agents and prosecutors.”
I’ve invited him to join PFA.Quote:
Sarao, his lawyer said, prefers the company of children and is obsessed with animals, repeatedly enlisting his lawyer’s help to convince his parents to let him keep rabbits
Senpai,
SBF_FTX is like a virus consuming it’s host
It’s all about order book visibility. He’s building a Panopticon. The Eye of Providence.
My jungle guide Michael Lewis is getting old and has suffered setbacks. Does he have it in him to do one more book? I really want to see the Sam Bankman-Fried movie.
California Wine Moms gonna be the new bag holders?
Tom & Giselle, how could you?
Quote:
Originally Posted by SanlmarSenpai
Our boy was spared
Binked $70m
I’ve invited him to join PFA.Quote:
Sarao, his lawyer said, prefers the company of children and is obsessed with animals, repeatedly enlisting his lawyer’s help to convince his parents to let him keep rabbits
that article is 2 years old. we have a literal book written about it and him on the other site.
also your fascination with sam is wild.
hes literally elon without the politics or Very Bad Ideas.
he's uniquely unproblematic.
he wants to buy RH because RH is literally the perfect acquisition at the perfect price.
also spoiler alert ive been harassing him on twitter to roll out support for eminis so perhaps im just being protective.
there is so much antsy cash thats tired of being on the sidelines. there will be haircuts.
Quote:
Originally Posted by sonatine
https://www.youtube.com/watch?v=8SOTd378jlE
https://schiffgold.com/key-gold-news...lar-dominance/
Is the Chinese Yuan Beginning to Chip Away at Dollar Dominance?
https://schiffgold.com/exploring-fin...t-to-start-qt/
Did the Fed Forget to Start QT?
JULY 1, 2022 BY SCHIFFGOLD 0 3
The first month of Federal Reserve balance sheet reduction turned out to be a big dud. As it turns out, the balance sheet shrank by less than $1 billion in June during the first month of quantitative tightening.
As part of its vaunted inflation fight, the Fed announced in May that Quantitative Tightening (QT) was set to begin last month. From Reuters:
On June 1, it will start the process at $47.5 billion a month for the first three months, divided as $30 billion of Treasuries and $17.5 billion of MBS. It will increase to the full $95 billion three months later.”
Well, it looks like the Fed was unsuccessful in their first month of QT. Not only did the balance sheet contract by less than $1B, it even increased MBS holdings by $1.9B.
Paraphrase quoting some tech dude who said this was his favorite saying:Quote:
Originally Posted by Sanlmar
The cloud doesn't exist. It's just someone else's computer.
@tellafriend
You saw Schiff’s Puerto Rican bank troubles
Quote:
Originally Posted by Sanlmar
yes, still not sure what to make of it. i hear what schiff is saying, but he's obv biased. there again, his dad died in federal prison and it's hard to imagine him taking such chances.
regardless, he makes more sense than most in his podcasts which you should give a listen to. he's been right, but still wrong. like most of my stock picking. sigh.
i simply love this scene. so spot on in so many areas of life. enjoy:
https://youtu.be/fZAksSuI1R4
Man, I miss the God King.
I hate to be on the same side as Cramer but go ahead and strap on some longs like NVDA, Sonatine. Rejected lows today.
We will watch the reverse repo tonight too.
Even Satoshi’s hedge against inflation will likely run.
Quote:
Originally Posted by Sanlmar
tell me more about those rejected lows
one more sass post
look spy 340 is inevitable at this point and until then im not really worrying about shit because as weird as this sounds, i think the recovery is locked in and the fed knows it and these rate hikes are performative.
but yes i think scaling into NVDA longs right now is responsible.
Elon owning the MSNBC liberal cunt.
https://nypost.com/2022/07/13/elon-m...r-biden-tweet/
The third shift drilled for oil all night.Quote:
Originally Posted by sonatineQuote:
Originally Posted by Sanlmar
tell me more about those rejected lows