1/1 First time use of registered troll handle. How many is that now?
https://twitter.com/NorthmanTrader/status/1295730173153771525/photo/1Sally Vix wrote:
seattle prattle wrote:
Call it like it is. Somebody f'd up. Be a man and say it. They f'd up.
Here is the reality: whether you call it a bubble or the new normal, it has lasted 10 years if not more. Millionaires have been made, retired, and re-made in that time. Ten years. That's like a generation. The whole thing could have a massive correction (though it probably won't), and that will not change the fact that a generation of investors have reaped the benefits of a bull-market of a life time. Nothing can change that. Nothing.
And 5 years from now John Hussman and Ghost will still be calling for the fall of the stock market as many more millionaires are being made. Fool me once, shame on you. Fool me twice, shame on me. Hussman is a clown.
Ghost of Igloi wrote:
https://twitter.com/NorthmanTrader/status/1295730173153771525/photo/1
OK, not that I took his tweets very seriously before, but now I'm sure SH spews nonsense.
TSLA is up 39% in 6 trading days.
Not a typo.
Good lord. I have to think that trade alone will put multiple hedge funds out of business.
Insanity. The animal spirits, they be running.
If I calculate right, there are roughly $23 billion worth of shares short on that name.
although I suspect that is stale data...a stock rising that much is usually powered by short covering, which would reduce the number of shares short.
agip wrote:
If I calculate right, there are roughly $23 billion worth of shares short on that name.
although I suspect that is stale data...a stock rising that much is usually powered by short covering, which would reduce the number of shares short.
I don't think it's short covering, but idk what the hell is driving this stock. Good for an American car company making such a big run against the giants in Europe and Japan. I'd consider buying one myself except they look like bars of soap. They seem well suited for Millennials who consider driving a terrible chore they wish they didn't have to do.
For those of use that love to drive though, I present to you:
https://www.cnbc.com/2020/08/17/ram-1500-trx-fiat-chrysler-unveils-702-horsepower-hellcat-pickup.htmlagip wrote:
TSLA is up 39% in 6 trading days.
Not a typo.
Good lord. I have to think that trade alone will put multiple hedge funds out of business.
Insanity. The animal spirits, they be running.
Tesla's stock is up over 700% in the last year.
Tesla's sales are up 3% over the last year.
Animal spirits sprinting toward a cliff.
agip wrote:
TSLA is up 39% in 6 trading days.
Not a typo.
Good lord. I have to think that trade alone will put multiple hedge funds out of business.
Insanity. The animal spirits, they be running.
I bought back a couple of shares i sold a few weeks ago when i locked in enormous profit. If i just had stronger nerves i would have made mutiples of that, having had a bigger holding back when it was about $500.
Nada to worry about, Igy - Tesla’s PE is still in the 3-digits after all.
https://twitter.com/charliebilello/status/1295722689869615111?s=21
Racket wrote:
agip wrote:
If I calculate right, there are roughly $23 billion worth of shares short on that name.
although I suspect that is stale data...a stock rising that much is usually powered by short covering, which would reduce the number of shares short.
I don't think it's short covering, but idk what the hell is driving this stock. Good for an American car company making such a big run against the giants in Europe and Japan. I'd consider buying one myself except they look like bars of soap. They seem well suited for Millennials who consider driving a terrible chore they wish they didn't have to do.
For those of use that love to drive though, I present to you:
https://www.cnbc.com/2020/08/17/ram-1500-trx-fiat-chrysler-unveils-702-horsepower-hellcat-pickup.html
I’m old enough to remember that truck’s grandpa.
I owned a Ford SVT Contour once...my favorite car of those I’ve owned. The way it roared...
https://www.motorbiscuit.com/why-do-ford-fans-love-the-svt-lightning-so-much/agip wrote:
Racket wrote:
I don't think it's short covering, but idk what the hell is driving this stock. Good for an American car company making such a big run against the giants in Europe and Japan. I'd consider buying one myself except they look like bars of soap. They seem well suited for Millennials who consider driving a terrible chore they wish they didn't have to do.
For those of use that love to drive though, I present to you:
https://www.cnbc.com/2020/08/17/ram-1500-trx-fiat-chrysler-unveils-702-horsepower-hellcat-pickup.htmlI’m old enough to remember that truck’s grandpa.
I owned a Ford SVT Contour once...my favorite car of those I’ve owned. The way it roared...
https://www.motorbiscuit.com/why-do-ford-fans-love-the-svt-lightning-so-much/
My son inherited the Ford Ranger I bought new in 1999. Good vehicle, 175,000 miles, looks and drives well. A vehicle where you can do the maintenance yourself if you choose. He is replacing the original alternator; cost him $175, with $25 back on core. So stoutly built, yet reasonable to maintain.
Ghost of Igloi wrote:
agip wrote:
TSLA is up 39% in 6 trading days.
Not a typo.
Good lord. I have to think that trade alone will put multiple hedge funds out of business.
Insanity. The animal spirits, they be running.
Tesla's stock is up over 700% in the last year.
Tesla's sales are up 3% over the last year.
Animal spirits sprinting toward a cliff.
Igy - you have been advising your clients to stay away from the markets over the last 13 years. During that time the Dow is up about 500% and the Nasdaq and S & P are up even more. When the markets tanked in March - the Dow down about 40% - I was saying to buy in to the market. The Dow is up to 28,000 off a low of 18, 500 and the Nasdaq and S & P are at all-time highs. You badly missed back in 2008 and you badly missed when the markets tanked 5 months ago. Why should your clients remain with you when you had two huge misses? You and John Hussman are costing your clients millions and tens of millions.
Ghost of Igloi wrote:
agip wrote:
I’m old enough to remember that truck’s grandpa.
I owned a Ford SVT Contour once...my favorite car of those I’ve owned. The way it roared...
https://www.motorbiscuit.com/why-do-ford-fans-love-the-svt-lightning-so-much/My son inherited the Ford Ranger I bought new in 1999. Good vehicle, 175,000 miles, looks and drives well. A vehicle where you can do the maintenance yourself if you choose. He is replacing the original alternator; cost him $175, with $25 back on core. So stoutly built, yet reasonable to maintain.
No kidding. I sold my Ford Ranger in 2000 when my son was born, and it was a really good truck. Didn't want to sell it but we just had a baby and it wasn't all that safe in terms of a car seat, even with the extended cab, so there she goes.
Sally Vix wrote:
Ghost of Igloi wrote:
Tesla's stock is up over 700% in the last year.
Tesla's sales are up 3% over the last year.
Animal spirits sprinting toward a cliff.
Igy - you have been advising your clients to stay away from the markets over the last 13 years. During that time the Dow is up about 500% and the Nasdaq and S & P are up even more. When the markets tanked in March - the Dow down about 40% - I was saying to buy in to the market. The Dow is up to 28,000 off a low of 18, 500 and the Nasdaq and S & P are at all-time highs. You badly missed back in 2008 and you badly missed when the markets tanked 5 months ago. Why should your clients remain with you when you had two huge misses? You and John Hussman are costing your clients millions and tens of millions.
You are only partially right. If you miss out on an investment, you are not "costing your clients" anything. I understand your point completely, but let's be precise, shall we? Those gains, so very clear in hindsight, were realized at some risk and at some exposure to the possiblity of loss of capital.
Risk exposure, etc., have to be factored in, and not the least bit comfortable taking it on. Let alone the fact that maybe they have better things to do with their time. Come to think of it....
Sally Vix wrote:
Ghost of Igloi wrote:
Tesla's stock is up over 700% in the last year.
Tesla's sales are up 3% over the last year.
Animal spirits sprinting toward a cliff.
Igy - you have been advising your clients to stay away from the markets over the last 13 years. During that time the Dow is up about 500% and the Nasdaq and S & P are up even more. When the markets tanked in March - the Dow down about 40% - I was saying to buy in to the market. The Dow is up to 28,000 off a low of 18, 500 and the Nasdaq and S & P are at all-time highs. You badly missed back in 2008 and you badly missed when the markets tanked 5 months ago. Why should your clients remain with you when you had two huge misses? You and John Hussman are costing your clients millions and tens of millions.
Did I really do that? Boy that was stupid.
agip wrote:
Racket wrote:
I don't think it's short covering, but idk what the hell is driving this stock. Good for an American car company making such a big run against the giants in Europe and Japan. I'd consider buying one myself except they look like bars of soap. They seem well suited for Millennials who consider driving a terrible chore they wish they didn't have to do.
For those of use that love to drive though, I present to you:
https://www.cnbc.com/2020/08/17/ram-1500-trx-fiat-chrysler-unveils-702-horsepower-hellcat-pickup.htmlI’m old enough to remember that truck’s grandpa.
I owned a Ford SVT Contour once...my favorite car of those I’ve owned. The way it roared...
https://www.motorbiscuit.com/why-do-ford-fans-love-the-svt-lightning-so-much/
agip you've gone up a couple notches in my book. The SVT Contour was absolutely absurd and should have never existed, which is exactly why it needed to exist.
Just so quintessentially excessive 90s with mpg in the negatives - I love it.
seattle prattle wrote:
Ghost of Igloi wrote:
My son inherited the Ford Ranger I bought new in 1999. Good vehicle, 175,000 miles, looks and drives well. A vehicle where you can do the maintenance yourself if you choose. He is replacing the original alternator; cost him $175, with $25 back on core. So stoutly built, yet reasonable to maintain.
No kidding. I sold my Ford Ranger in 2000 when my son was born, and it was a really good truck. Didn't want to sell it but we just had a baby and it wasn't all that safe in terms of a car seat, even with the extended cab, so there she goes.
Seattle,
I understand that decision. During most of my coaching years 1981-1996 I owned a 1981 VW Rabbit Diesel pickup truck. It was perfect for the following distance runners, or driving on the track to change directions of pole vault mats. I sold it in part since my son would soon be of driving age. The VW pickup was before air bag vintage, and a risk of serious injury in an accident. Interestingly, my son and I rebuilt the engine when he was ten. He was my tool pusher, and would read the Chilton repair manual for fun. Probably not surprising he became a mechanical engineer, and maintains the Ford himself. He had the dents (paintless) removed last month, and he buffed the oxidized paint. Looks new.
Igy