Moglyzoke Moogleman
Stock Pals VP of Shit Stocks
- 586
- 457
Investing General Discussion
- Thread starter Furious
- Start date
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
One day, for posterity, you should post your trade history. I always thought
Locnar
had the win locked up but you might be the dark horse.- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
Gravel
Mr. Poopybutthole
- 36,307
- 115,164
Maybe after I get my 2022 market contest one!Lightning Lord Rule we should create a medal for FOH's worst investor.
Just saying...
- 2
- 1
- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
Moglyzoke Moogleman
Stock Pals VP of Shit Stocks
- 586
- 457
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
TSLA up another 9% today. For those keeping score its like +75% in 3 weeks. A half trillion dollar market cap company up 75% in 3 weeks. I expect whats left of the shorts to be jumping off buildings any time now.
- 1
- 1
- 1
Moglyzoke Moogleman
Stock Pals VP of Shit Stocks
- 586
- 457
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
Mist
Eeyore Enthusiast
- 30,383
- 22,161
There was a ton of money to be made in high-profile companies that got oversold, NFLX, TSLA, META specifically. But guessing the bottom is just luck. I got lucky on META.
- 2
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
SPY working on its 5th straight close above the 200-DMA. This is really the thing to keep an eye on (as Blazin previously mentioned).
- 2
As far as I can tell, I've been driving the market for the last few years. Every time I started thinking about buying a house the market would tank before I liquidated my down payment. Now that I'm finally committed and liquidated, the market jumps.
#ReverseSuaveREIT
#ReverseSuaveREIT
- 3
Mist
Eeyore Enthusiast
- 30,383
- 22,161
I mean, it seems clear that the bottom is in unless something crazy happens. But we live in a world where something crazy happens all the time, and if it doesn't, politicians and/or the media will invent something crazy anyway.
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
- 10,501
- 54,139
Sorry bro.
I've been getting over an injury the last month and sitting at the pc for very long is still kind of painful. I'll get to it soon.
- 1
- 1
- 10,501
- 54,139
And (so far) today is the day my TQQQ turned green! HUZZAH!!!
Now to decide if this is really the beginning of a new bull trend as
Blazin
has been talking about, or if I wait until like 4200 SPY or so and sell in anticipation of a big leg down as analysts were predicting about 4 - 6 weeks ago. When the market got to this point last time in around August '22, I definitely should have sold and/or bought some SQQQ as a hedge. It then promptly flushed back down to 3700, if you recall. Though this recent low was lower than that too, so.... eh?
The driver of another leg down is/would be the fed continuing to raise rates, right? Or should I say the perception of the level of rate raises... ie: whether the fed is raising by 25, 50, or 75 bps next time based upon inflation numbers. Which are still shit, just not as shit.
Eh, whatever. I'm inclined to believe what a real chart wizard like
Blazin
says rather than someone reacting to 'market sentiment' based upon their respective track records of the last 6-12 months. Just around that same time in August for example, Blazin said here in this thread that things looked like shit and it was time to go cash for a while.
Now to decide if this is really the beginning of a new bull trend as
Blazin
has been talking about, or if I wait until like 4200 SPY or so and sell in anticipation of a big leg down as analysts were predicting about 4 - 6 weeks ago. When the market got to this point last time in around August '22, I definitely should have sold and/or bought some SQQQ as a hedge. It then promptly flushed back down to 3700, if you recall. Though this recent low was lower than that too, so.... eh?The driver of another leg down is/would be the fed continuing to raise rates, right? Or should I say the perception of the level of rate raises... ie: whether the fed is raising by 25, 50, or 75 bps next time based upon inflation numbers. Which are still shit, just not as shit.
Eh, whatever. I'm inclined to believe what a real chart wizard like
Blazin
says rather than someone reacting to 'market sentiment' based upon their respective track records of the last 6-12 months. Just around that same time in August for example, Blazin said here in this thread that things looked like shit and it was time to go cash for a while.- 2
- 1
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,465
- 107,518
Rate hikes aren't stopping anytime soon. The level is what is slowing. Expectations are now a string a 25 basis point raises. As Blaz said, we just need to keep stacking closes above the 200-DMA until it turns upward. That is a pretty clear sign the trend has reversed.And (so far) today is the day my TQQQ turned green! HUZZAH!!!
Now to decide if this is really the beginning of a new bull trend as
The driver of another leg down is/would be the fed continuing to raise rates, right? Or should I say the perception of the level of rate raises... ie: whether the fed is raising by 25, 50, or 75 bps next time based upon inflation numbers. Which are still shit, just not as shit.
Eh, whatever. I'm inclined to believe what a real chart wizard like
- 1
- 1
