Down goes the Dow

Roh wrote:

Ghost of Igloi wrote:

No man, you supply evidence that it is not true.

You made the claim, so the burden of proof is on you. The fact that you cannot support your statement with any evidence forces me to conclude that you made it up.

Oh, snap!

Bought @ $100k of Tesla three weeks ago.

Was up about $40k on opening Thursday.

Now up less than $10k after getting hammered Thurs and Friday.

Monday -- ??

Mein Gott wrote:

Bought @ $100k of Tesla three weeks ago.

Was up about $40k on opening Thursday.

Now up less than $10k after getting hammered Thurs and Friday.

Monday -- ??

take your kids student loan money and buy more.

About the airlines, it's looking like American Airlines is in the worst shape of them all, and it also happens to be the largest accounting for more air traffic than any other. So, that makes me wonder, if American Airlines goes under, won't that be a good thing for its competitors? Won't there be all that additional business to pick up? Same thing goes for the smaller airlines that go under but to a lesser extent. If small airlines die, won't that be a good thing for the larger airlines? What are the chances that ALL the airlines go bankrupt? Would Congress and the Fed even allow such a thing?

yes yes yes wrote:

Mein Gott wrote:

Bought @ $100k of Tesla three weeks ago.

Was up about $40k on opening Thursday.

Now up less than $10k after getting hammered Thurs and Friday.

Monday -- ??

take your kids student loan money and buy more.

Yeah. I think I will stick with my boy Musk

Dr P wrote:

About the airlines, it's looking like American Airlines is in the worst shape of them all, and it also happens to be the largest accounting for more air traffic than any other. So, that makes me wonder, if American Airlines goes under, won't that be a good thing for its competitors? Won't there be all that additional business to pick up? Same thing goes for the smaller airlines that go under but to a lesser extent. If small airlines die, won't that be a good thing for the larger airlines? What are the chances that ALL the airlines go bankrupt? Would Congress and the Fed even allow such a thing?

Earnie wrote:

Earnings Scorecard: For Q1 2020 (with 55% of the companies in the S&P 500 reporting actual results), 65% of S&P 500 companies have reported a positive EPS surprise and 63% of S&P 500 companies have reported a positive revenue surprise.

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You’re comparing historical data with future projections. Even you can’t be dumb enough not to see that.

U. R. Stupid wrote:

You’re comparing historical data with future projections. Even you can’t be dumb enough not to see that.

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I guess I was wrong.

U. R. Stupid wrote:

You’re comparing historical data with future projections. Even you can’t be dumb enough not to see that.

Inspiration for your investing style:

^oh, markets are forward looking...

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^markets are forward looking.....

https://www.zerohedge.com/s3/files/inline-images/2020-05-03_15-55-37.jpg?itok=n0Y48K8s

jesseriley wrote:

I’m sure the airlines will be fine when planes are built & operated sustainably lol.

U. R. Stupid wrote:

I guess I was wrong.

Damn. Looks like Igy was on another drunk last night. That guy loves his Chardonnay.

Gruntz wrote:

Damn. Looks like Igy was on another drunk last night. That guy loves his Chardonnay.

Enjoy the falling prices, like WalMart....

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Ghost of Igloi wrote:Enjoy the falling prices, like WalMart....

1100 or bust!

That'll be a real bummer if it happens. Come end-December, I hope it's me, and not just so I can claim your dignity, but I'd prefer not to lose more of my paltry "wealth." :-)

I guess I'm drunk posting.... By December, I hope it's me *who's right* ...