Sanrith Descartes
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LMT does this dance where it crests to $400 and then runs back down to the $330s and then back up to $400. The $400 resistance is like an impenetrable barrier.
Investing General Discussion
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Wingz
Being Poor Sucks.
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Guy who has a huge following says there will be a huge market crash due to a bubble. Good read. Anything can set it off.
Waiting for the Last Dance
The long bull market since 2009 has matured into an epic bubble, featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior.
www.gmo.com
Sanrith Descartes
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I think I have heard this story before.Guy who has a huge following says there will be a huge market crash due to a bubble. Good read. Anything can set it off.
Waiting for the Last Dance
The long bull market since 2009 has matured into an epic bubble, featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior.www.gmo.com
LachiusTZ
Rogue Deathwalker Box
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Fuk it, I'm going to hold TRIT, maybe in a year I can actually get long term gains out of it.
Short term is going in dry on my 2020 taxes.
Uhh, I thought we were in a consensus that this IS a bubble, months ago.
I've thought it was for 4 months or so, and with Biden coming in its either fascism or a bubble.
Hell, its the real reason I got into crypto. Its gold for nerds. And doesnt weigh 400lbs.
I gave
Blazin
shit about his WSB digs, but it is what it is. If everyone is blowing coke and making money, I wanna get in on it. But the whole reason I really started to take profits was because bubble. Most of the ppl here have felt it several times over the past year, and all it takes is one fuck up in that series of events for it to really tumble.
Short term is going in dry on my 2020 taxes.
Uhh, I thought we were in a consensus that this IS a bubble, months ago.
I've thought it was for 4 months or so, and with Biden coming in its either fascism or a bubble.
Hell, its the real reason I got into crypto. Its gold for nerds. And doesnt weigh 400lbs.
I gave
Blazin
shit about his WSB digs, but it is what it is. If everyone is blowing coke and making money, I wanna get in on it. But the whole reason I really started to take profits was because bubble. Most of the ppl here have felt it several times over the past year, and all it takes is one fuck up in that series of events for it to really tumble.
Sanrith Descartes
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Difference in terminology. I don't think the overall market is in a bubble. I do think it is due for a healthy correction. Never underestimate the power of zero interest rates to keep a bull market going. A bubble bursting while interest rates are zero would be... bad as the Fed has no tools left in the toolbox. A solid 10% drop of the QQQs brings is just around the 100 DMA and still well above the 200DMA (like 10% plus). We are 22% above the 200 DMA.Fuk it, I'm going to hold TRIT, maybe in a year I can actually get long term gains out of it.
Short term is going in dry on my 2020 taxes.
Uhh, I thought we were in a consensus that this IS a bubble, months ago.
I've thought it was for 4 months or so, and with Biden coming in its either fascism or a bubble.
Hell, its the real reason I got into crypto. Its gold for nerds. And doesnt weigh 400lbs.
I gave
I went about 50% cash last month but I have it working every week on QQQ puts making money. It will correct eventually and I will get assigned but it will be down deep from the high.
Big Phoenix
Pronouns: zie/zhem/zer
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You mean Tesla being worth more than every other car manufacturer isnt legit?Guy who has a huge following says there will be a huge market crash due to a bubble. Good read. Anything can set it off.
Waiting for the Last Dance
The long bull market since 2009 has matured into an epic bubble, featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior.www.gmo.com
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Sanrith Descartes
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But every says TSLA isn't a car company, it's a tech company. Isn't that the mantra?
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Big Phoenix
Pronouns: zie/zhem/zer
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Im sure burned investors will be saying that while crying downing a bottle of jack in a year or so.
Kind of kicking myself for not selling all my AMD when it hit $99 Monday. Knowing whats in store for the future, Im out no later than Q1 earnings.
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Captain Suave
Caesar si viveret, ad remum dareris.
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You probably meant this, but to be clear for anyone not explicitly keeping score it's even stupider than Tesla's market cap being higher than any individual other car manufacturer. It's currently ~$200B more than Ford, GM, Honda, Toyota, Hyundai, Nissan, Volkswagen, Fiat/Chrysler, and Peugeot COMBINED.
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TJT
Mr. Poopybutthole
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Sure, everyone's said this but bubble popping requires immense leverage against the overvaluation. Which I am sure is going on sure but I don't know much about it.Guy who has a huge following says there will be a huge market crash due to a bubble. Good read. Anything can set it off.
Waiting for the Last Dance
The long bull market since 2009 has matured into an epic bubble, featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior.www.gmo.com
ToeMissile
Pronouns: zie/zhem/zer
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No, no... they’re a car company and a tech company and and energy company. That means they get the value of 3 companies, cubed.
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Fogel
Mr. Poopybutthole
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You know shits getting real when
Big Phoenix
starts talking about selling his AMD. By the way, if you don't mind me asking, what date and price did you get in it? That return has to be massive.
Big Phoenix
starts talking about selling his AMD. By the way, if you don't mind me asking, what date and price did you get in it? That return has to be massive.
Sanrith Descartes
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I am sort of shocked that much of the float was available to short. That was one of Elon's big advantages. He and his buds owned so much of the stock that there was only about 1/3rd of the float available to be shorted back in the $TSLAQ days.
Sanrith Descartes
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Soon the skies shall be filled with drones delivering big macs and packages. Look for the companies tied to this sector to start moving...
Fogel
Mr. Poopybutthole
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Another link between CCIV and Lucid, though this one is a little more subtle. Remember Lucid has over 1 billion invested from Saudi Arabia. This lady is a board member of CCIV and is also CEO of Magic Leap which is an investment firm with a ton of Saudi money. So that's one board member on both companies and now this lady connected through her investment firm.
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Sanrith Descartes
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I made my scratch off the shares and now I think I will play it with puts for the near term.
Asshat Foler
CEO of “Kenya” brands incl “Jusbeh Kew” subsidiary
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Sanrith Descartes
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Go back and read about a hundred pages or so and you shall have your answers. We welcome all types. If you deal with penny stocks or SPACs be prepared for
Blazin
to make fun of you though 
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