Down goes the Dow

Ghost of Igloi wrote:

Racket wrote:

I mean, he's still losing money. The market is rigged and big money investors are retarded? Yeah, that's old news, like circa 1985 news. As long as no one cares then there's nothing to see here.

You haven’t even been an investor in a bear market. That statement is so wrong it is impossible to reply to it.

whatever you say igy

mellon wrote:

Ghost of Igloi wrote:

https://mobile.twitter.com/xtinewu/status/1153813052845768706

I didn't say you are alone in your thinking. There are others just as clueless.

^headmaster

Ghost of Igloi wrote:

This market is more distorted than any investing era of our lifetimes, that is assuming we don’t have any 90 year olds posting here. Wolf Richter does a good job using TSLA and BA to illustrate just some of the distortions in this market. It is the sign of the times, but don’t kid yourself into thinking it is anywhere close to durable.

Of course it’s not durable. That’s the very nature of markets. But that doesn’t mean you shouldn’t take advantage of it. There is money to be made.

Perhaps, over a very short time horizon. Valuations instead lean toward large losses.

Ghost of Igloi wrote:

Perhaps, over a very short time horizon. Valuations instead lean toward large losses.

But valuations are lower than they were just a couple of years ago. There were no “large losses” then. To the contrary, the markets continued to set new highs.

Ghost of Igloi wrote:

Perhaps, over a very short time horizon. Valuations instead lean toward large losses.

This coming from the guy who said stock purchases since 2011 will not do well.

I guess 8 years could be considered a short time horizon.

^SCIIG: too dumb to figure out what I said

Google up 8% after hours - let 'er rip

starbucks and intel also up 5-6%.

I think we've been to this rodeo before.

agip wrote:

Google up 8% after hours - let 'er rip

Earning disclaimer for Google: For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliation of non- GAAP results of operations to the nearest comparable GAAP measures," "Reconciliation from net cash provided by operating activities to free cash flow" and "Reconciliation from GAAP revenues to non-GAAP constant currency revenues" included at the end of this release.

Ghost of Igloi wrote:

agip wrote:

Google up 8% after hours - let 'er rip

Earning disclaimer for Google: For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliation of non- GAAP results of operations to the nearest comparable GAAP measures," "Reconciliation from net cash provided by operating activities to free cash flow" and "Reconciliation from GAAP revenues to non-GAAP constant currency revenues" included at the end of this release.

ok you talk accounting...I'll take my share of the $70 billion in additional market cap the market just tacked on from Goog.

Ghost of Igloi wrote:

Perhaps, over a very short time horizon. Valuations instead lean toward large losses.

Short time horizon? It’s been 10 years!

Hellooooooo? wrote:

Ghost of Igloi wrote:

Perhaps, over a very short time horizon. Valuations instead lean toward large losses.

Short time horizon? It’s been 10 years!

Ghost has been promising the market's decline for 10 years. Instead, it has gone up 400% and is at all-time record highs. He has predicted calamity for 10 years and the market has skyrocketed. His credibility is in sharp question.

Sally Vix wrote:

Hellooooooo? wrote:

Short time horizon? It’s been 10 years!

Ghost has been promising the market's decline for 10 years. Instead, it has gone up 400% and is at all-time record highs. He has predicted calamity for 10 years and the market has skyrocketed. His credibility is in sharp question.

In question? As you said, the guy has been crying wolf ever since he showed up here and he’s been wrong the entire time. He has absolutely zero credibility.

Please love me!

agip wrote:

Ghost of Igloi wrote:

Earning disclaimer for Google: For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliation of non- GAAP results of operations to the nearest comparable GAAP measures," "Reconciliation from net cash provided by operating activities to free cash flow" and "Reconciliation from GAAP revenues to non-GAAP constant currency revenues" included at the end of this release.

ok you talk accounting...I'll take my share of the $70 billion in additional market cap the market just tacked on from Goog.

That shows how stupid the current market is. Brings the stock to the same level at close when they disappointed last quarter. Non-event.

Current S&P 500 futures +1 point....NASDAQ +8.5 points, Dow +16 points

Please go higher, feed the pig.....

Sally Vix wrote:

Hellooooooo? wrote:

Short time horizon? It’s been 10 years!

Ghost has been promising the market's decline for 10 years. Instead, it has gone up 400% and is at all-time record highs. He has predicted calamity for 10 years and the market has skyrocketed. His credibility is in sharp question.

Not sure this thread is ten years old. Anyway, Sally this piece is just for you:

agip wrote:

Google up 8% after hours - let 'er rip

Made a buttload on that afterhours pop, but it just offsets the downturn on my Amazon holdings with their earnings announcement. Used the dip on Amazon to buy a few more shares, though.

I just can't believe this Beyond Meat run-up. I am finding it very hard to resist getting suckered in.