Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
DIS may be one of the best pickups I made during the crash tbh. I think long term its going to be a monster and getting it at sub-90 basis is golden.
- 1
Investing General Discussion
- Thread starter Furious
- Start date
Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
The Plunge Protection Team remembers Dec 2018. I was in DC with my daughter on vacation Xmas week and furiously trying to trade on my phone kicking myself for not bringing my laptop.
Blazin
Creative Title
- 7,405
- 37,289
Yeah as exciting as my buy in the $80s is my sell in the $120s not so much
I screwed DIS up, my daughter still holds as her biggest position. Can't win them all.
- 1
Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
Remember our many conversations about JPM. I sat on that fucker for 9 months and finally sold out with a 3 or 4 dollar/share gain a week before it mooned.Yeah as exciting as my buy in the $80s is my sell in the $120s not so much
I screwed DIS up, my daughter still holds as her biggest position. Can't win them all.
- 1
Keystone
Lord Nagafen Raider
- 470
- 256
Any thoughts on RKT? Everything I see about them seems pretty positive, essentially a tech company in the mortgage business, but haven’t don’t a deep dive yet and honestly not even sure if I can invest in them or not yet lol (external auditor with way too many independence restrictions on various stocks)
Blazin
Creative Title
- 7,405
- 37,289
Yup I have more of those than I like to think about. Selling too soon is another investing obstacle. JPM was great for me last year but I still sold too early at 116. I've been playing C since then so I'm a little less bitter about that one.
I sold BRK/B at ~200 didn't get back in...
Sometimes we lament those early sells but if you went on to use that money to make other profitable trades it's not normally as bad as it first looks.
- 1
Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
I try not to regret it. I try to be a sociopath when it comes to my sales. No emotions on sales. I make the decisions based on what I know at the moment. I just keep them in mind in terms of analyzing what I did and if I made mistakes in what I saw. That cash turned in to CCIV, or LAZR or some other position that made me money. I will take 10 smaller gains in the bank vs 6 bigger gains and 4 losses.
- 2
Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
10-year closing in on 1.4%. Why does this matter? The yield on the SPY is 1.46%. Any day now the dividend yield on the S&P 500 will no longer be higher than the 10-year which has a whole lot less risk than the S&P 500.
Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
Big Phoenix
Pronouns: zie/zhem/zer
- 47,555
- 102,461
I mean it has been 12 years since weve had a recession and on they average every 8-9 years. Thee corona chickens coming home to roost, impending liberal retardation($15 minimum wage, green new deal etc.) have to coalesce sooner or later.
I think long term California, NY etc. are absolutely fucked and theres no bailing them out regardless how many dollars you throw at the problem. The real estate market is on fire in the southwest. Looking at zillow in my zipcode which is almost entirely single family homes, there are a total of 8 houses for sale, with only 1 of them being listed for less than 300k. Insane considering 5 years ago I bought my house for 150k. Its all due to rats fleeing a sinking ship;
The Californians are coming. So is their housing crisis.
You can take the Californian out of California…
www.sfgate.com
California is going to filled with nothing but leeches and a handful of holdouts. That cant support their insane welfare base and vast amounts of infrastructure.
Last edited:
- 2
Borzak
Silver Baron of the Realm
- 26,570
- 35,347
While they are at it sure a VAT will be next. What could go wrong. Must not let peons buy stocks. I'm sure high frequency trades will be exempt.
www.cnn.com
White House says stock-trading tax is worth studying after GameStop frenzy
The White House supports studying the merits of a financial transaction tax — a move favored by progressives and despised by Wall Street — in the wake of the GameStop trading frenzy.
www.cnn.com
- 1
- 1
Jysin
Ahn'Qiraj Raider
- 6,791
- 4,911
Nice gap down on the SPY. Bounced exactly off the 20 Day moving average premarket this morning. It will be interesting to see if it holds. Time to go shopping soon. I feel a lot more comfortable buying nearer the MAs vs the last couple weeks of extension that
Sanrith Descartes
had also pointed out.
These mini corrections are healthy and necessary.
Sanrith Descartes
had also pointed out.These mini corrections are healthy and necessary.
- 2
Fogel
Mr. Poopybutthole
- 13,948
- 56,489
Sanrith Descartes
You have insufficient privileges to reply here.
- 46,723
- 131,278
Im not seeing any real bargains on shit I am stalking. Some of the stuff was so overbought that a 1.5% dip is still above to 20 DMA. I wouldn't mind seeing a string of 3 or 4 of these days.
- 1
TJT
Mr. Poopybutthole
- 44,083
- 115,431
Just look at Austin. If you aren't fronting a premium of 10k+ on the list price I guarantee you won't be getting any house you see on Zillow. They're active for one day before they go under contract. House I purchased in 2016 for a similar price to yours is almost up 80% in 5 years.I mean it has been 12 years since weve had a recession and on they average every 8-9 years. Thee corona chickens coming home to roost, impending liberal retardation($15 minimum wage, green new deal etc.) have to coalesce sooner or later.
I think long term California, NY etc. are absolutely fucked and theres no bailing them out regardless how many dollars you throw at the problem. The real estate market is on fire in the southwest. Looking at zillow in my zipcode which is almost entirely single family homes, there are a total of 8 houses for sale, with only 1 of them being listed for less than 300k. Insane considering 5 years ago I bought my house for 150k. Its all due to rats fleeing a sinking ship;
The Californians are coming. So is their housing crisis.
You can take the Californian out of California…
California is going to filled with nothing but leeches and a handful of holdouts. That cant support their insane welfare base and vast amounts of infrastructure.
Last edited:
Fogel
Mr. Poopybutthole
- 13,948
- 56,489
It means someones buying large chunks, 13g's are filed anytime someone buys more than 5% of outstanding stock in a single company