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Alan
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Wow!

August 17th, 2020, 2:49 pm

$SPX_D.png
 
leptoq
Posts: 41
Joined: February 15th, 2018, 4:42 pm

Re: Wow!

August 17th, 2020, 8:13 pm

Did you buy the dip? 
 
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Cuchulainn
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Re: Wow!

August 17th, 2020, 8:21 pm

23 March, UK went lockdown.
Step over the gap, not into it. Watch the space between platform and train.
http://www.datasimfinancial.com
http://www.datasim.nl
 
leptoq
Posts: 41
Joined: February 15th, 2018, 4:42 pm

Re: Wow!

August 18th, 2020, 11:37 am

23 March, UK went lockdown.
I knew it!!! :) 
 
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Alan
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Re: Wow!

August 18th, 2020, 1:40 pm

Did you buy the dip? 
I don't touch my retirement account, and so rode it out. 
If 'buy' includes 'did not sell', then -- yes!
 
leptoq
Posts: 41
Joined: February 15th, 2018, 4:42 pm

Re: Wow!

August 18th, 2020, 3:41 pm

Did you buy the dip? 
I don't touch my retirement account, and so rode it out. 
If 'buy' includes 'did not sell', then -- yes!
That's equivalent to buying the dip in a sense :)

P.S. My ex-wife (cold blooded bitch who once tried to break the bottle of fine scotch over my head) suddenly called me during Covid selloff after 6 years of blackout and asked what should she do with the money, it was almost the only time in my interactions with her when I said the truth (or at least I believe so): "Stick to the plan, baby"  
 
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Cuchulainn
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Re: Wow!

August 18th, 2020, 6:33 pm

Single malt or blended? Johnny Walker punches above his weight!
Step over the gap, not into it. Watch the space between platform and train.
http://www.datasimfinancial.com
http://www.datasim.nl
 
leptoq
Posts: 41
Joined: February 15th, 2018, 4:42 pm

Re: Wow!

August 19th, 2020, 11:28 am

Single malt or blended? Johnny Walker punches above his weight!
Hahaha, if my memory doesn't fail me it was "Laphroaig"
 
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Cuchulainn
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Joined: July 16th, 2004, 7:38 am
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Re: Wow!

August 19th, 2020, 1:48 pm

Single malt or blended? Johnny Walker punches above his weight!
Hahaha, if my memory doesn't fail me it was "Laphroaig"
The best Islay! I hope there was no spillage?

A guide to pronunciation for the Sasanaigh.

www.youtube.com/watch?v=NTHB7_ILleg
Step over the gap, not into it. Watch the space between platform and train.
http://www.datasimfinancial.com
http://www.datasim.nl
 
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Alan
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Joined: December 19th, 2001, 4:01 am
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Re: Wow!

August 20th, 2020, 7:17 pm

Back to topic -- another notable wow:
TSLA_D.png
 
leptoq
Posts: 41
Joined: February 15th, 2018, 4:42 pm

Re: Wow!

August 20th, 2020, 8:47 pm

Single malt or blended? Johnny Walker punches above his weight!
Hahaha, if my memory doesn't fail me it was "Laphroaig"
The best Islay! I hope there was no spillage?

A guide to pronunciation for the Sasanaigh.

www.youtube.com/watch?v=NTHB7_ILleg
I loved the video!!! Thank you!
 
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SWilson
Posts: 67
Joined: February 13th, 2018, 5:27 pm

Re: Wow!

August 21st, 2020, 6:46 pm

Back to topic -- another notable wow:
TSLA_D.png
I can't get over this one, been try to rationalize it.  
 
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Alan
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Re: Wow!

August 21st, 2020, 8:25 pm

Back to topic -- another notable wow:
TSLA_D.png
I can't get over this one, been try to rationalize it.  

I think there are scenarios in which the price is "rational", which says the market is not completely nuts:

1) Tesla/Musk pulls off its full self-driving/ robotaxi plans.
2) Tesla sells state of California a zillion batteries to keep the electricity grid from rolling black-outs, or, failing that, Calif. homeowners feel compelled to buy them for the same purpose.
3) Feds under either Biden or Trump invest in massive EV infra-structure support: self-charging, etc. At some point, who knows when, I think self-driving will become so successful that it gets infra-structure support, too, just like the interstate highway system facilitated driving. 
4) Oh yeah, they sell a lot more cars, too.

p.s. Have never owned it, but have shorted it 3 times.  :D
 
Mercadian
Posts: 6
Joined: July 24th, 2020, 4:22 pm

Re: Wow!

August 25th, 2020, 8:04 pm

sorry, I can't resist commenting here... should we really be surprised? https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
 
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wanaquant
Posts: 91
Joined: May 12th, 2012, 1:19 pm

Re: Wow!

September 9th, 2020, 8:48 pm

sorry, I can't resist commenting here... should we really be surprised? https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
It's really meaningless, though. If the M2/M3 haven't been doing their job in providing liquidity, then the FED intervenes by pumping M0. M2 has a total supply of 18T while M0 has 7T. There is 11T that the FED can pump without changing the real supply. That is if banks decided to stop loaning people money.
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