Reply With QuoteInteresting charts. One is a 3h chart, the other a daily.Originally Posted by ryanb741
Just trying to make it look alike?
Interesting charts. One is a 3h chart, the other a daily.
Just trying to make it look alike?
Someone who lies about the little things will lie about the big things too.
I got it from Wallstreetbets so it must be the same data as all the top analysts are using.....
I see.
The internet is full of people trying to use past charts as a guide to what's going to happen this time. Besides the fact, that the charts have been manipulated to look the same in the backwards-looking part, will it be the same going forward? I got no idea. The earlier chart describes the GFC, in order for equities to behave the same we would require similar triggers and events. Remember, basically all investment banks were bankrupt, starting with Bear Stearns and Lehman, but also Merrill Lynch and Morgan Stanley (only Giddy would have survived without bailout). Citibank went bust, Wachovia, RBS, BOS, Commerzbank, Dresdner Bank, WestLB and a couple of dozen other ones as well. Real estate in the US contracted by 50% to 80%, the wealth effect was monumental.
What could serve as a similar trigger? I don't think this would repeat even if the whole crypto sector would melt down into a pile of nothingness. There is simply no contagion as there is no adoption in the real world. Sure, some loans would go unpaid, but nothing too serious. Yes, some of the hi-tec stocks are still very rich (ahem, Tesla) but also that is rather isolated (as you have seen during the past months). Unless Putin detonates some nuclear bombs, I don't think this is going to happen. Serious correction? Sure, could go down some more. Crypto meltdown? Yes please. GFC? Don't think so.
But what do I know.
Someone who lies about the little things will lie about the big things too.
He can definitely pound the stuff out. Plenty of food for thought there. Personally I'm looking forward to seeing what Jemima Kelly hopefully has to say on the bolting stable coins. Maybe her observations won't be as deep as his, almost certainly at least as entertaining though.
PS In case you missed it, she gave her take on the twitter deal last week.
Another Jemima fan here.
Someone who lies about the little things will lie about the big things too.
How could anyone possibly not love her?
Thanks. Good summary cheers.
Why don't we have a Elon, oh dear thread?
Off to start one.
Someone who lies about the little things will lie about the big things too.
There is a program about Elon Musk starting right now on Channel 4.
Just wait until Friday:
https://www.nytco.com/press/fx-sets-...-crash-course/
Someone who lies about the little things will lie about the big things too.
Tesla and MST small increases last few days , still short?
Sent from my Pixel 6 Pro using Tapatalk
Increased Tesla yesterday at $760, not short MSTR (though I am thinking about switching by BTC short into a MSTR short, undecided for moment).
Conviction for Tesla short is huge, which doesn't mean it can't pop by $200. I am short with an average of $850s and am also long OTM December puts.
Someone who lies about the little things will lie about the big things too.
Breaks my heart to see Tesla collapsing.
Someone who lies about the little things will lie about the big things too.
Selling more Tesla $705
Someone who lies about the little things will lie about the big things too.
Conclusive proof we are in a recession
https://twitter.com/botticellibimbo/...t85qdyfjQ&s=19
Sent from my Pixel 6 Pro using Tapatalk
I put a good chunk of cash in the market around 12-15 months ago.
Despite being told I would be poor by buying U.K. safe stocks of commodities and utilities etc., I have found that I have done well and I am well up.
Thank God I was not carried with the wave into US stocks, which would have resulted in a sizeable loss even taken into consideration the weaker GBP.
Anyway, I am working my way out of the market for six months and will start on Monday by selling £20k of FTSE ETF, and then will sell a lot more over the coming weeks.
The Fed put has ended and it is clear that tackling inflation is more important that the stock market, at least for the time being. Putin could also get more unpredictable as he is further cornered. China is fooked.
Once the cost of living crisis truly kicks in and winter fuel bills need paying, life is going to get tough for a lot of people. Spending is on fripperies is going to dry up. Money will focus on essential spending.
Not comfortable being in cash with inflation this high. But I’d rather lose an insidious 10% over a year than 3% per day over many days.
Current plan is to pile back in at the end of the year.
I have a sizeable DB pension, so it allows me to take this risk with my money.
Let’s see how it works out.
If you are talking about the same shares which you posted on this thread at the time, then I think you are being unduly modest.
I used that list as one of the comparative bench marks whilst tracking the JP Morgan Crypto Basket. Suffice it to say that over the thirteen month period the notional noBTClove index was the top performer. By my calculations it beat the FTSE (the runner up) by more than 8 percentage points.
You mentioned at the time that you and your wife picked five shares apiece. Are you in a position to say which of you made the greater contribution to the increase in the household wealth :-)?
Lol - I’m a right financial muppet.
My missus did the best and her standouts in a flat or falling market are GSK +30%, National Grid +34%, Shell +60% and Bunzl +24%
My standouts are SSE +25%, Tesco +13%, HSBC +20%.
But we have also had our fair share of howlers. This hardest landings where when we diverted from plan later in the year and speculated a bit;
Evraz, —89%, timed that well!
Alibaba - 45%
Cineworld -43%
Wetherspoon-23%
Other not so great calls are Unilever, Aveva and Direct Line.
I said to my missus that she is wasted as a school administrator, and should target a job in fund management.
Maybe I should liquidate my holdings and invest in local strip clubs!
I wouldn't.Maybe I should liquidate my holdings and invest in local strip clubs!
https://twitter.com/botticellibimbo/...90388167659528
Someone who lies about the little things will lie about the big things too.
Maybe you're right. I guess I could just buy guns...
Yes, the US clearly needs more good guys with guns.
Someone who lies about the little things will lie about the big things too.
Who said I'm a good guy?
Was just looking to short some Microstrategy, but surprise surprise there is no borrow. Too late.
Someone who lies about the little things will lie about the big things too.
The man is quite demonstrably losing it.
https://twitter.com/saylor/status/1528719348353085443
Looks like Tesla shares are going to hit half of their all-time high today. By now only bagholders left in the stock because the master of the universe has sold a big part of his shares at the top.
Even Cathie Wood has been dumping Tesla shares all the way from the top to here, while repeatedly reiterating her ridiculous price target of $4,200 per share.
Good to know they can rely on the Tesla army to gobble up everything they are selling. There is a lot more space underneath.
To the moon!
Someone who lies about the little things will lie about the big things too.
The first 50% down are the hardest.
Someone who lies about the little things will lie about the big things too.
Yes, it just printed:
Someone who lies about the little things will lie about the big things too.
[QUOTE=Raffe;5998713]The first 50% down are the hardest.
[QUOTE]
46% down in just 50 days! That’s some going and a lot of people must be hurting.
My BIL was smart enough to invest a chunk of cash in Tesla several year back. He said it was paying for a large two storey extension on the back of his house this year.
Hopefully he got out a couple of months ago or I reckon it may become a single storey.
Literally a car crash, and this one isn't driverless
Sent from my Pixel 6 Pro using Tapatalk
How about 55% in 30 days then?
And that includes the bounce by the way.
Was that after they became "an absolute steal"?
Someone who lies about the little things will lie about the big things too.
I take your MSTR and raise you SNAP.How about 55% in 30 days then?
-43% in today (-57% in 30 days)
CVNA, -65%. Just saying.
https://forum.tz-uk.com/showthread.p...=1#post5981931
Someone who lies about the little things will lie about the big things too.
The forum darling, or previous forum darling of SMT at 675p is now -56% from ATH.
It would be even lower if the GBP hadn’t recently collapsed against the USD.
I’m buying once it gets to 500p
So he sold his tesla stock so he could pay tax?? what is this guy on?
Yep I've been absolutely crushed on this - had 35% of my SIPP in it. That being said still 15 years to go until retirement. I'll not be buying more SMT, just index trackers
Cocaine, plenty of it.
Someone who lies about the little things will lie about the big things too.
Sold more Tesla at $669.42. Couldn't resist.
Someone who lies about the little things will lie about the big things too.
Tesla up $130 (>20%) since Tuesday because
- the CEO has gone officially nuts
- EV sales plunging across the world due to chip and battery shortages and exploding input prices
- Jeffries have cut their price target due to "uncomfortable pile up of negative news"
- Dawa Securities cut EPS estimate and price target by >25%
- National Highway Traffic Safety Administration asks Tesla for information regarding flurry of recent fire incidents
- two more deadly accidents likely involving FSD
- cost of ultra-fast charging gone up by 50% this year
- Musk drops margin loan, requiring more TSLA stock sales to finance TWTR takeover
- Musk annoyed core Tesla clientele with far-right Twitter posts
- Twitter investors sued Musk for wrong disclosure of TWTR stake building
- SEC contacts Musk because of lack of required disclosure
Oh well, time to be bold and sell more. $752.69 it was.
Someone who lies about the little things will lie about the big things too.
And Toyota Corolla hybrid is selling more
Sent from my Pixel 6 Pro using Tapatalk
My dislike of Musk does make me want to change car but I can’t see a contender to switch to without an unreasonable jump in price. The guy is just a cretin.
Memorial Day in the US today, so no trading.
Shame as it’s looking like it’d be a big fat green day.
Futures are open, S&P500 up by 1%.
Someone who lies about the little things will lie about the big things too.
Oh look, everything is 2% cheaper again. Building a base for another big fat green day?
Someone who lies about the little things will lie about the big things too.
Not sure what charts you’re looking at but nearly all the ones on my watchlist are between 6&10% up.
Including your most hated MSTR, 10% up in premarket.
Last edited by mr noble; 31st May 2022 at 13:32.
New in that JayPow has been summoned by Biden to the White House to ask him what the fcuk is going on with inflation and why he is still farting around.
Biden panicking in advance of the mid terms, and it is not the rich stock market types of people which will save him.
He needs the votes of the majority of Americans with no savings, who are being killed by inflation.
Bottom of the market? Nothing has changed.
Off-topic and subtle plug but can't recommend the meaningful money podcast enough. Should check it out if not yet seen, has made needing my own FA largely redundant.
Also big fan of the following investing demystified series with Lars Kroijer: https://youtu.be/_chiIIxMGl0
Posting Permissions
