Investing General Discussion

Jysin said:

I said this months ago to a certain "all-in" someone. The debt taken on and share dillution needed to be better priced in. We are getting that as reality sets in.

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Its also the fact that for some industries lost revenue cant be made up by "selling more". Only so many seats on a boat or plane. Travel and restaurants are the big two.

Jysin said:

Market seems to be getting a touch ahead of itself. Be careful buying anything up here. This is a hell of a big move over the last 5 trading days without any kind of pullback. Still quite a bit of uncertainty out there and Fed was just talking about a 50bp move yesterday.

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I try not to place logic on a market undergoing transitory hyperinflation.

Shh, dont tell anyone but PLTR is over $13 and PYPL is closing in on $120. Something about rising tides lifting all boats.

Zog said:

Completely detached from reality.

Everyone is absolutely shocked while bulls are euphoric.

I'm so fucking red it's ridiculous. I can't imagine those who bought puts the past week.

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Zog said:

I'm still holding sqqq from Thursdays close, the longer we stay elevated at 352 area on the q's the worse my outlook is...

352 was rejected twice yesterday and once in premarket, bulls are very determined.

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I am now down LESS THAN 40% on PYPL.

Zog said:

Ill be fine, $300 down is like 30 krono.

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But thats like 3,000,000 rubles.

This is why you scale into pullbacks and dont try to time the market.

Zog said:

Anyone have an excuse for this other than purposefully squeezing shorts?

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This mornings open looks intentionally scary so people buy puts and then get absolutely wrecked.

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This might sound crazy to folks like you, Blazin and Jysin but I pretty much never chart the indexes. I think sometimes they can provide a "too high level" view of things. I mean I glance at the 3 major indexes all day but all my technical charting is for individual stocks I am stalking/owning. The only time I chart FTEC is when I am looking to add on weakness at technical levels and I have pretty much maxed out my position size on FTEC so I don't add much to it any more.

NASDAQ up 1.5% and Nvidia up 0. Wtf is this shit?

Big Phoenix said:

NASDAQ up 1.5% and Nvidia up 0. Wtf is this shit?

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Its catching its breath. its up like 30% in 7 trading days.
Fucking millennials have no patience.

My token share of Tesla back in the green.

TSLA started ripping a few minutes ago. +6%

GME +32%