Stock Market bubble - will burst - it did multiple times now ***Official thread***

[Hardcore troubadour]

1 minute ago, thegeneral said:

You can just say how stupid and petty this orange betch sounds.

The guy wants it all to crash so he doesn’t look bad…oooof

Did he say he wanted it to crash? 

[The Psychic Observer]

3 minutes ago, Hardcore troubadour said:

Did he say he wanted it to crash? 

 

[Hardcore troubadour]

3 minutes ago, The Psychic Observer said:

 

Not a good look. Thanks. 

[thegeneral]

[Horseman]

Amazon gets to 180 I might sell another hundred thousand.  

[thegeneral]

2 hours ago, Horseman said:

Amazon gets to 180 I might sell another hundred thousand.  

It’s hard to sell when on fire.

But, If that is your price I’d just consider selling Monday. Is it worth another 2500 bucks or whatever to wait. Not really worth it if just wanting to remove risk. 

[lod001]

Seen this show before, 24 years ago. It's gonna end the same way. I'll tell ya why. I'm making between $2000 and $8000 a day. Yeah, not sustainable. I'm not that lucky.

[thegeneral]

5 minutes ago, lod001 said:

Seen this show before, 24 years ago. It's gonna end the same way. I'll tell ya why. I'm making between $2000 and $8000 a day. Yeah, not sustainable. I'm not that lucky.

Yes it won’t go up every day and will trend down for periods - sometimes severely - but will eventually go back up 

[lod001]

Bought 1000 SOUN a few days ago. This is ridiculous. 

Oh yeah FROG. I own that thing too. - $FROG target Raised to $55 - DA Davidson 

Yep this is just like the 2000 bubble. Will end even worse though.

[thegeneral]

Going to be pretty fun today.

[edjr]

SELL SELL SELL  

[thegeneral]

[lickin_starfish]

Do you think the DOW will hit 40,000 before the crash?

[edjr]

 

[thegeneral]

2 hours ago, lickin_starfish said:

Do you think the DOW will hit 40,000 before the crash?

What is your def of a crash?

[edjr]

44 minutes ago, thegeneral said:

What is your def of a crash?

 

[Horseman]

I wouldn't mind a healthy 10%+ correction sometime the next few months.

[edjr]

 

[Hardcore troubadour]

12 minutes ago, edjr said:

 

That guy looks fake. 

[edjr]

2 minutes ago, Hardcore troubadour said:

That guy looks fake. 

AI  

[edjr]

 

[edjr]

 

[thegeneral]

A day for the ages. Unbelievable actually. One company took the whole market put it on its back and said LFG TO THE MOON.

What a motherfucking day!!

[thegeneral]

1 hour ago, Horseman said:

I wouldn't mind a healthy 10%+ correction sometime the next few months.

Those holdings earning .4% this month are a little less exciting, eh?

[Horseman]

5 hours ago, thegeneral said:

Those holdings earning .4% this month are a little less exciting, eh?

0.4%?

5.0%.  Zero risk.  I'd do that the rest of my life if I could.    

[thegeneral]

Just now, Horseman said:

0.4%?

5.0%.  Zero risk.  I'd do that the rest of my life if I could.    

5% on the year. Those monthly payouts aren’t quite as fun on days like today when stuff is popping off 15%.

[Horseman]

1 minute ago, thegeneral said:

5% on the year. Those monthly payouts aren’t quite as fun on days like today when stuff is popping off 15%.

Zero risk. No ups and no downs. 5%  

And everyone keeps talking like it's all or nothing.  I dont get it.  I still have a ~75% in equities. 

Daily swings dont do much for me. I know it's going to keep compounding for decades.  And in the next couple years I'll have less and less in individual stocks. Doesnt matter which one in the index pops, it still goes up, all without the risk and guessing.  

[thegeneral]

1 minute ago, Horseman said:

Zero risk. No ups and no downs. 5%  

And everyone keeps talking like it's all or nothing.  I dont get it.  I still have a ~75% in equities. 

Daily swings dont do much for me. I know it's going to keep compounding for decades.  And in the next couple years I'll have less and less in individual stocks. Doesnt matter which one in the index pops, it still goes up, all without the risk and guessing.  

I am enjoying the 5%ish a year as well. The .4% or so a month is fine.

There’s nothing like today when everything is green and gaining in chunks like today. Today was one for the books.

In any case if you are hoping for a 10%+ dip I am assuming you are moving the safe money back into stocks. 
 

[Horseman]

11 hours ago, thegeneral said:

I am enjoying the 5%ish a year as well. The .4% or so a month is fine.

There’s nothing like today when everything is green and gaining in chunks like today. Today was one for the books.

In any case if you are hoping for a 10%+ dip I am assuming you are moving the safe money back into stocks. 
 

Yesterday was a tiny blip that wont even matter a year from now, let alone 10.  Unless you were looking to sell. 

[thegeneral]

9 minutes ago, Horseman said:

Yesterday was a tiny blip that wont even matter a year from now, let alone 10.  Unless you were looking to sell. 

If you are talking 10 year horizons sure. 10% dips are blips as well that don’t really matter then either if you aren’t moving stuff around.

[Horseman]

30 minutes ago, thegeneral said:

If you are talking 10 year horizons sure. 10% dips are blips as well that don’t really matter then either if you aren’t moving stuff around.

I'm always looking to put money in.  It's coming out my ears.

[thegeneral]

10 minutes ago, Horseman said:

I'm always looking to put money in.  It's coming out my ears.

Well that cash has to come form the safe, boring stuff is my point.

Yesterday was amazing in general. But was like going to the Super Bowl with a bag of cocaine on the moon with strippers if you were holding NVDA

[Horseman]

1 minute ago, thegeneral said:

Well that cash has to come form the safe, boring stuff is my point.

Yesterday was amazing yesterday in general. But was like going to the Super Bowl with a bag of cocaine on the moon with strippers if you were holding NVDA

Fun, sounds a lot like gambling.  Did you sell some of NVDA or are you letting it ride?  Because if you didn't then yesterday didn't really mean as much as you're making it out to be.  For me, I'm starting to look at it differently.  

You've heard of Heinz Berggruen, one of the most prominent German art collectors of the 20th century?  He was friends with Pablo Picasso and many other leading artists, but, it wasn't his ability to say to himself, "you know these paintings by Picasso are the ones that are really going to be worth something some day" that made him a fortune.  Instead it was the fact that he bought everything he could, mass collections by all sorts of artists.  Decades later when one Picasso turned out to be priceless, it really didn't matter if 99% of all the other paintings weren't worth very much.  

[thegeneral]

14 minutes ago, Horseman said:

Fun, sounds a lot like gambling.  Did you sell some of NVDA or are you letting it ride?  Because if you didn't then yesterday didn't really mean as much as you're making it out to be.  For me, I'm starting to look at it differently.  

You've heard of Heinz Berggruen, one of the most prominent German art collectors of the 20th century?  He was friends with Pablo Picasso and many other leading artists, but, it wasn't his ability to say to himself, "you know these paintings by Picasso are the ones that are really going to be worth something some day" that made him a fortune.  Instead it was the fact that he bought everything he could, mass collections by all sorts of artists.  Decades later when one Picasso turned out to be priceless, it really didn't matter if 99% of all the other paintings weren't worth very much.  

NVDA for me has been a triple up. I have sold to cover my initial investment and am free rolling. Have bought and sold in 10%ish chunks along the way four times including yesterday. We’ll see how this latest one plays out. No one knows!

Stock market is like 80% legalized gambling. Up until last few years was the only game in town for most. I do like my odds better than playing craps though.

 

 

 

[Horseman]

1 minute ago, thegeneral said:

NVDA for me has been a triple up. I have sold to cover my initial investment and am free rolling. Have bought a sold 10%ish chunks along the way four times including yesterday. We’ll see how that plays out. No one knows!

Stock market is like 80% legalized gambling. Up until last few years was the only game in town for most. I do like my odds better than playing craps though.

 

 

 

It isn't gambling if you just understood my analogy.   

[thegeneral]

5 minutes ago, Horseman said:

It isn't gambling if you just understood my analogy.   

Buying dips is gambling. We aren’t fortune tellers. 

It’s also not a some secret it’s a long game and time in the market is the way to win not timing the market.

[Horseman]

15 minutes ago, thegeneral said:

Buying dips is gambling. We aren’t fortune tellers. 

It’s also not a some secret it’s a long game and time in the market is the way to win not timing the market.

You're confused.

Trying to time the market is gambling.  Like, look what NVDA did today!

Selling high and buying low are investing fundamentals.

[thegeneral]

12 minutes ago, Horseman said:

You're confused.

Trying to time the market is gambling.  Like, look what NVDA did today!

Selling high and buying low are investing fundamentals.

Sell high, buy low. Genius! You need a newsletter

I wish you and everyone luck in the markets! It’s been an amazing run!!!

 

[Horseman]

2 hours ago, thegeneral said:

Sell high, buy low. Genius! You need a newsletter

I wish you and everyone luck in the markets! It’s been an amazing run!!!

 

You're the idiot that said buying the dips is gambling.    

[edjr]