Down goes the Dow

The difference is that Amazon was selling services and ideas in a highly desired virtual realm.

Tesla is a manufacturer. of physical things. Their employees and engineers are no more capable than those at VW or Toyota. The reasoning for it's growth is so wildly inconsistent that it's likely something simple - maybe there's a huge whale somewhere backing it because it has to because it's on the other side of so many short options. Who knows, but let's not pretend like this is a real thing here

J. Hardy wrote:

the idiot on the ipad wrote:

I’ve been following the data very closely. As we all know, this disease is most ch more dangerous for elderly. If your daughter is younger then, say, 45-50, the chances of a bad outcome are very remote. Fingers crossed...

There are other unfortunate outcomes besides death. My DIL in her 30s got the rona months ago and her senses of smell and taste are still screwed up. And I’m sure we’ve all seen the stories about people in their 20s suffering serious heart ailments from the virus. This is not something to be taken lightly.

That is too bad on the daughter-in-law, hope the sense comes back. My daughter noticed my son-in-law seasoning the food more during his illness. At this point do not know if there will be a carryover. I experienced some taste and digestive issues with chemotherapy. Most have dissipated after two years.

Know a few people who have/have returned positive PCR results.

W19, athlete, no effect 1 week after positive test

W21, athlete, much diminished taste and smell 1 week after positive test

M65, quadruple bypass last year, no effect 3 weeks after positive test

M71, asthma/bronchitis/former smoker, still on home oxygen and experiencing distressed breathing 4 weeks later—and he stubbornly waited a long time after the onset of symptoms to seek help

Comorbidities rule, and the older one is, the more likely one is to have some. I am sure myself and my wife had it very early on when we returned from the Alps. Both healthy, both 50’s. Both only dry cough for a few days. Wife went to doc stupid GP told her that she did not have strep. That is why she goes only to Mayo, she has found all others to suck. That test was just one of convenience, with no import, and reinforced her biases.

Notice how all docs now happen to be infectious disease experts? Nephrologist neighbor talks a lot, but upon examination isn’t saying much. A GP I was hanging around with socially was revealed as a complete bs’er upon examination—either he has serious ADHD, or he was drunk. I don’t think he was drunk.

I get my info from primary sources, and a virologist with whom I used to work. Orthopedist friend was man enough to admit that he knew next to nothing about it. Good to have honest friends.

My miners continue to flag. PYPL needs more recent proof of residence. Am thinking of just doing coinbase like everyone else.

Once i was up and running with Coinbase it wasn't too bad and they have a branch for the more active trader (think it was called Coinbase Pro) with lower fees that was even better. Getting in and out was a nightmare.

Never again.

if i was going to trade bitcoin again, i would use GBTC, Grayscale Bitcoin Trust, which trades like a ETF on Nasdaq. I have traded it before and the only downside is that bitcoin trades 24x7 and the trust does not - but then do you really want to be glued to a trading platform in the middle of the night? It made me sick doing so.

Yeah but there’s that trust arrangement again, may as well do paypal then and trade whenever.

Getting burned today, everything down except Tesla and my megacap fund. Not a good day, not a good trend.

Otoh I was just offered a high price for a Greek classical period marble head antiquity. Like BTC, there is an essentially finite supply of such verified antiquities, but the market is small. Selling any of it would only be a last resort.

Also of the covid people I know, the only one to have any real effects was the only one taking medications, and maybe thereby immunocompromised.

I got in bitcoin this March at 5200.

Pulled out trying to swing trade and failed, still up a good amount.

How much NW would you guys go in?

I'm at 7% now and thinking of upping it to 20%.

I'd look at Paypal for bitcoin and i think i will look into it there. since i have Paypal account already. Right now i am not in bitcoin at all and haven't touched it in months.

Only a tiny amount. Would buy only 1 or 2, in case they take off.

i would never do more than 1%. It seems to be the most manipulated thing i've ever seen.

Maserati wrote:

Yeah but there’s that trust arrangement again, may as well do paypal then and trade whenever.

Getting burned today, everything down except Tesla and my megacap fund. Not a good day, not a good trend.

Otoh I was just offered a high price for a Greek classical period marble head antiquity. Like BTC, there is an essentially finite supply of such verified antiquities, but the market is small. Selling any of it would only be a last resort.

Also of the covid people I know, the only one to have any real effects was the only one taking medications, and maybe thereby immunocompromised.

Tesla, GBTC, and Nio all up today, specially the first two. Xpev ended down after starting up.

Began like it was going to be a great day...ended up only pretty good

Maserati wrote:

Yeah but there’s that trust arrangement again, may as well do paypal then and trade whenever.

Getting burned today, everything down except Tesla and my megacap fund. Not a good day, not a good trend.

Otoh I was just offered a high price for a Greek classical period marble head antiquity. Like BTC, there is an essentially finite supply of such verified antiquities, but the market is small. Selling any of it would only be a last resort.

Also of the covid people I know, the only one to have any real effects was the only one taking medications, and maybe thereby immunocompromised.

Checked out bitcoin trading on Paypal, seems like a good option, and may pull the trigger on some in the coming days. Probably not.

Fairly flat day for me, encouraging in that high volatility makes me uneasy. I don't like it when there is an undertone of panic just beneath the surface, and a flat market is fine by me at these levels.

Nice on the artwork. I suppose not much chance of the bottom falling out of that market.

Hey one thing to consider about bitcoin - setting up a "wallet" is really time consuming. Paypal holds it for you is usually considered something of a liability, but with the credibility and resources of Paypal, i would consider that an asset. Don't underestimate how big of a security concern crypto is.

Yeah I have heard that wallets are a PITA which was why I didn’t mind not getting verified on Gemini years ago.

People whine about there being no anonymity on paypal. There is no lawful anonymity anywhere for US persons, so that complaint is baseless for those who adhere to legal requirements.

Airlines only slightly down today. Am tempted to buy some UAL, maybe tomorrow.

Maserati wrote:

Yeah I have heard that wallets are a PITA which was why I didn’t mind not getting verified on Gemini years ago.

People whine about there being no anonymity on paypal. There is no lawful anonymity anywhere for US persons, so that complaint is baseless for those who adhere to legal requirements.

Airlines only slightly down today. Am tempted to buy some UAL, maybe tomorrow.

I took a bath on airline earlier this year and got out and am staying out for now.

I saw voter fraud personally, here in Mpls-St Paul. Struck up a convo with a guy in line at a take-out, and he told me he was in the nearby park getting ballots from the addicts under the bridge. He bragged about how much he was making, he claimed to have gotten almost a thousand votes, and there were others who had gotten many more. These were all mail-in ballots. He was paying cash.

I say this not because I support or despise either party or candidate, but as a foundation for my belief that there was deep fraud everywhere that mattered—so deep that Biden will ultimately be installed.

Because of that and Georgia, there will be huge stimulus, covid will magically be beaten, it will be all rainbows, all guns blazing. Not only will the airlines get anything they ask for to preserve the unions, people will fly everywhere again, and the 737max situation will be declared resolved, and credit taken.

The rise in airlines will be in the short term, after the turbulent immediate term we are currently in ends after the next administration is installed.

The Unkle wrote:

Maserati wrote:

Yeah I have heard that wallets are a PITA which was why I didn’t mind not getting verified on Gemini years ago.

People whine about there being no anonymity on paypal. There is no lawful anonymity anywhere for US persons, so that complaint is baseless for those who adhere to legal requirements.

Airlines only slightly down today. Am tempted to buy some UAL, maybe tomorrow.

I took a bath on airline earlier this year and got out and am staying out for now.

My LUV is up 27% since mid-July.

Maserati wrote:

I saw voter fraud personally, here in Mpls-St Paul. Struck up a convo with a guy in line at a take-out, and he told me he was in the nearby park getting ballots from the addicts under the bridge. He bragged about how much he was making, he claimed to have gotten almost a thousand votes, and there were others who had gotten many more. These were all mail-in ballots. He was paying cash.

I say this not because I support or despise either party or candidate, but as a foundation for my belief that there was deep fraud everywhere that mattered—so deep that Biden will ultimately be installed.

lol OK so a rando in line at your favorite takeout spot brags loudly about "getting ballots from the addicts under the bridge" to the tune of almost 1000. That definitely sounds ironclad and not like the most supreme amount of bullsh!t ever.

Have you considered the research done by like a dozen independent non-partisan organizations over the past 20 years? There is no voter fraud in America (except in 2000 when Antonin Scalia single-handedly ruined the USA). It's a jerk-off fantasy Republicans have, kind of like "food stamp fraud" or "medicare fraud."

Now on to my main topic for the morning. Pfizer announced a 95% effective rate on their vaccine to compliment the Moderna one. The US created not one, but two vaccines for the coronavirus in what, 7 months time? Woe to anyone who thinks we're on the downside just because some angry retard was in the White House for a couple years.

America coming to rescue the entire world (again) for the third time now in 100 years.

Big Dog Investments wrote:

The Unkle wrote:

I took a bath on airline earlier this year and got out and am staying out for now.

My LUV is up 27% since mid-July.

Boeing 737 MAX cleared to fly again this morning too