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Thread: ELON TUSK IS GOD

  1. #1741
    Diamond
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    Quote Originally Posted by Daly View Post
    Feel free to bump this later and laugh at me.

    I just sold “it all”. Frankly it’s a pussy move which should signal you should buy with two hands.

    Could walk through all the thoughts that led to this decision but to keep it short the risks far outweigh the potential rewards.

    I don’t see waking up in the next week and a half to a clean election result and COVID being gone - which would trigger a 20% rip your face off jump.

    See a lot of roads where we have riots or the closure of the economy.

    Playing it safe for the next 2 weeks. Hope I’m wrong.

    You should be in SWBI then. Earnings come out 12/3.

  2. #1742
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Daly View Post
    Feel free to bump this later and laugh at me.

    I just sold “it all”. Frankly it’s a pussy move which should signal you should buy with two hands.

    Could walk through all the thoughts that led to this decision but to keep it short the risks far outweigh the potential rewards.

    I don’t see waking up in the next week and a half to a clean election result and COVID being gone - which would trigger a 20% rip your face off jump.

    See a lot of roads where we have riots or the closure of the economy.

    Playing it safe for the next 2 weeks. Hope I’m wrong.
    i longed amzn ER


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    "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

  3. #1743
    Master of Props Daly's Avatar
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by Daly View Post
    Feel free to bump this later and laugh at me.

    I just sold “it all”. Frankly it’s a pussy move which should signal you should buy with two hands.

    Could walk through all the thoughts that led to this decision but to keep it short the risks far outweigh the potential rewards.

    I don’t see waking up in the next week and a half to a clean election result and COVID being gone - which would trigger a 20% rip your face off jump.

    See a lot of roads where we have riots or the closure of the economy.

    Playing it safe for the next 2 weeks. Hope I’m wrong.
    i longed amzn ER


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    Good for you. I sold a big position in MGM, so there is more than one way to “win”

  4. #1744
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Daly View Post
    “win”


    frens do not drop 160 points because they announced increase operating expenses seconds after rising 110 points on obliterated earnings expectations.


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    "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

  5. #1745
    Master of Props Daly's Avatar
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    Beats and great news everywhere...... (other than MGM)

    Market back in the shitter

  6. #1746
    Master of Props Daly's Avatar
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    Comments
      
      OSA: What a great fucking call

  7. #1747
    Plutonium Sanlmar's Avatar
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    I don’t see a low set in.

    If “no 4Q forecast” Apple sells into the close that will be very very interesting. They are the mkt.


    Just a spectator.

  8. #1748
    Plutonium Sanlmar's Avatar
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    Putting together a list of heavily shorted stocks might be a worthwhile exercise.

    I feel a rip next week is very much in the cards.

    I really need to ignore the market but it’s getting really good now.

    Edit
    Fuck this idea

    Dow set to go to 24,971. NASDAQ has volume behind this move. We have more to give.

    Pray for Sonatine’s 401k and get your realtors license.

    Ignore the noise. This is just deflating a bubble.
    Last edited by Sanlmar; 10-30-2020 at 11:06 AM.

  9. #1749
    Plutonium sonatine's Avatar
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    shrug. im back on my bullshit but with DITM spreads.

    the right stock and the right strikes = direction agnostic and 17% profit 48 out of 52 weeks.

    just need to assemble indicators to duck those 4 risk of ruin events and this time next year im balls deep in my thai bargirl wife whenever her boyfriend allows it.
    "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

  10. #1750
    Plutonium sonatine's Avatar
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    "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

  11. #1751
    Plutonium Sanlmar's Avatar
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  12. #1752
    Plutonium sonatine's Avatar
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    i have a separate 'catamaran fund' im developing to escape the US by sea.

    destination NZ.
    "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

  13. #1753
    Master of Props Daly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    I don’t see a low set in.

    If “no 4Q forecast” Apple sells into the close that will be very very interesting. They are the mkt.


    Just a spectator.

    Came here to post on this, sort of.

    I wonder how much of what’s happening right now is the market finally starting to grasp that you can’t have 5 two trillion dollar companies be the whole market. FAAN (ok not G) taking a big step back today with the rest of the market semi hanging in there. Always kind of thought we would see a rebalancing back to other quality companies from the FAANG.

  14. #1754
    Plutonium sonatine's Avatar
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    JPM just declared that a 2nd covid lockdown would save the market by forcing the fed's hand re brrrr
    "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

  15. #1755
    Diamond Tellafriend's Avatar
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    Quote Originally Posted by sonatine View Post
    JPM just declared that a 2nd covid lockdown would save the market by forcing the fed's hand re brrrr
    unfortunately this will be true, for a while, until it isn't and the debt is called.

  16. #1756
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by sonatine View Post
    i have a separate 'catamaran fund' im developing to escape the US by sea.

    destination NZ.
    Thor Heyerdahl’s Kon Tiki

    Exquisite ending today. Always leaves you a riddle without an answer. Fortunately I give no fucks atm.

  17. #1757
    Plutonium simpdog's Avatar
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    stonks up

    USD down

    Printers running full blast.

  18. #1758
    Master of Props Daly's Avatar
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    Quote Originally Posted by simpdog View Post
    stonks up

    USD down

    Printers running full blast.
    More like no riots in the streets for the next few weeks

  19. #1759
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    Why Fed Chair Jerome Powell is asking for more federal stimulus

    https://www.msn.com/en-us/money/news...us/vi-BB1aKIv4


    We are so doomed. It was a good run.

  20. #1760
    Plutonium Sanlmar's Avatar
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    Read & review “3 gap plays” yung tine. Look at S&P. Note the possibility of an exhaustion move. Alsoooooo, the mantra that all gaps get filled.

    Just tossing it out there for discussion in return for a link to one of your pony porn posts. Not sure what to search. I just feel it is prudent to arm myself.

    TIA

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