S&p finally down 5% so I’m up 10% on HSD.to double bear.
HOdLING for the blood bath Monday.
San I’m outta my league but sometimes it’s better to be lucky than good.
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S&p finally down 5% so I’m up 10% on HSD.to double bear.
HOdLING for the blood bath Monday.
San I’m outta my league but sometimes it’s better to be lucky than good.
Old chart. Rosetta Stone
Finished right at Weds lows. 19,200. Sounds soooooo stupid but I think we have seen a low set in. World markets all seem to have bottomed.
I bought a little as a degen, opposite, trust the chart pick. Government action is usually late and a sign of a bottom too.
What could go wrong?
Ridicule me on Monday
The best kink would be a gap up on Monday after everyone stripped themselves bare at the close.
I have a unique gift for imagining the sickest scenes.
I write the algos that make the young men cry.
-Barry ManiLOW
Brad Gilbert I missed. That’s entertainment
tell me if youve heard this one before....
two housing market tranches walk into a bar.
https://www.moodys.com/research/Mood...0320_PR_420549
tell me if you’ve heard this one before
"guys who can't get a job on Wall Street get a job at Moody's”
Scrambling to clean up some potential criminal behavior...... again?
San you were asking about google searches. Try this on.
https://trends.google.com/trends/exp...%20benefits%22
IBM
It's like investing for octogenarians
Lol, it’s a free country.
I have a relative who was a Korean War vet. Aircraft maintenance. Learned some skills. Just a guy.
He gets a gig as a machinist for IBM in Armonk NY. The only employer he ever had.
He was one of the last to get a full IBM pension. The last of the great generation of Americans. The pension and all its benefits were spectacular.
He never did much investing. He had a family of 5. College, braces.
He and I hit it off. We both loved airplanes. I was very curious about WWII and Korea. The greatest generation shit. These guys BELIEVED in shit. Zero cynicism. So pure was life in the 50’s & 60’s. Fascinated me to no end. Made me feel good. It was like some Disney choreographed pretend life.
He lived like a prince in retirement. Travel. The most care-free and happy guy. He passes away at an old age. Military group traveled out to do their thing with the bugles and flag. Nice.
His elderly wife has since gone to an assisted living retirement community. Still on IBM’s dime. I visit occasionally. Beautiful facility.
My IBM and octogenarians story.
How’s that 401k doing?
the 401k - It's looking like 2008 with more at stake
I was looking at old school dividend stocks today. The wife wants to start throwing more money into the market and wants a good pick. I said what about IBM? That's like old school cool.
Johnson & Johnson, Proctor and Gamble, Realty Income Corporation, 3m is steal at current prices, Coca Cola, Pepsico, Southern Company
Starbucks and Costco are two of my newer dividend favs. I'd start with these, you'd have pretty good sector diversification as well.
of course there will be a bull trap on monday.
and then trump will start freestyling about the 'deep state department' and we will close red. again.
my spy puts expire on april 13 and are already 40% up as of friday night. if i can dump them before we lose the weekends gains and parlay them while dji is green while vega hedging vix, all the better.
lol sike rand paul just tested positive for coronavirus spy 190 by sundown.
to be clear i hear you on the 4trill fed rollout bump but honestly all it does for me is make me want to refi my puts at a better IV.
Monday will be a down day imo. -1100.
lol youre absolutely bonkers if you think big swinging senate dicks dropping dead is priced into the market.
spy 180 is a bottom point WITHOUT the economy disintegrating and government continuity being threatened by a plague.
spy 180 is the bottom just for losing our baby fat. everything else = muscles getting cannibalized until people can leave their house and go shopping for toilet paper again.
behold, the miracle of a 4tn fed debt purchase.
we went from down 650 to down 350. and rand paul's status hasnt hit drudge yet.
speaking of which submitting that article to him now.
KANPAI.
Senators dying .... I’ll call you.
I know precisely your “baby fat” reference and I am a believer. Encyclopedic recall of all your work.
I’m talking Monday. I think we are singing in perfect harmony big picture. You gotta understand Weds is a long term capital gain in my world.
yeah apologies if im talking past your points. if trump shuts the fuck up all day, monday green might happen. id absolutely love to see it happen because i left a amzn call cooking and id love to cash it out +. and the fed movement gives me hope.
but everything is so fucking fragile right now, short of an actual 'we have this shit licked' announcement, nothings going to 'fix' the market momentum, we are just going to have brief deviations from course.
It’s the job loss data that I worry about.
Was it built in? I’m not surprised. We knew Friday. But it’s not me who sets prices.
Sunday is a new week for those that apply. This is all that matters. This is recession depression stuff.
I am not hanging on corona at all. You win by moving past the present.
It’s time to call in an appraiser and get a quote on the damage. That’s me.
Privately, I worry about the private equity world. My kid and the tech kids I like are gonna get wrecked. It’s a lock. Sad
that fed announcement bump in futures is already deflating.
im not sure id worry about private equity, a lot of cash was accrued by VC firms in 2019. biotech markets are going to be intensely fertile.
but honestly the more i think about your vc concerns, the more i wonder if we will see a tech market contraction further pressure the market towards lows.
the amazon rainforest = the planets lungs, and silicon valley = the american economy's lungs to an extent..
keeping an eye on bay area real estate price trends would be prudent.
Private equity isn’t just rich billionaires funding - its pension funds and all manner of investment too.
Little venture puppy needs more food now. Not going as planned. Puppy was supposed to be self sufficient but obv ain’t gonna be.
Lotta layers. More fun to handicap than the Dodgers. You always know the Dodger outcome ahead of time.
I know Dodgers better than this but I’m allowed to bet
I want to share a thought about tomorrow and the poker game generally - my posts seem disjointed. I’m long Monday but see depression.
Grand unifying theory
When the last fool buys the asset (thinks he/she is getting a great deal on CCL at a discount) liquidity dries up completely and the no bid scenario develops.
You need a retracement to fall. It gives you liquidity. This idea is like a 3 wood or 7 iron in my bag. I could almost live without all the rest
It provides the requisite pain that is core to proper market function.
Mostly I’m bonkers
Tales from the hood. Thank you
My daughter kid is your neighbor. I used to refer to her as the Vegas Zappos daughter. Zappos was Amazon. She gets a good plug from the Amazon crew and she has bounced from one Amazon funded startup to another. This may save her.
Her bedroom is now a sewing room. Wife is making quilts. You can buy quilts cheaper than what it costs her to make them.
I know a NYC Greek themed restaurant developer that prolly didn’t his next round of funding.
Sparten
Odds?
I have his number.
I feel like we are all posting in 4/5 different threads on the same subjects.
Truth of the matter is this bill they are working on in Congress is no closer to passing then I am playing QB for the patriots next season.
It’s unanimous 100-0 in the senate “something” is going to get passed. Same in the house. White House is on board too.
They have absolutely zero consensus on what’s going in it. This might take another whole week before whatever “it” is gets passed.
How can you detangle them? It’s all the same thing.
ELON was never about cars. Sonatine is a poet and he was using imagery to tell a grander story.
Musk will always be remembered as the face of the speculative stock bubble that ended in 2020 like Pets.com was 2000.
The old Elon thread was raised organically and naturally until Druff meddled. It was rebranded and dumbed down for radio randoms. Nobody had any trouble navigating before.
If you want to post barbecue here I really wouldn’t mind.
Merge the Elon Musk, Elon Tusk, Coronavirus, Bitcoins are DD, and Trump Train threads together and be done with it.