Down goes the Dow

doc idiot wrote:

Calling Igy...

Under 15 minutes of trading left in 2020, with SP500 nowhere close to 1500. I’ll take that dignity with a side of fries please. ?

Thanks for being a decent sport about this.

Eating humble pie:

Toast to doc idiot at midnight Mountain Time.

Happy New Year to you and all at DGTD.

Looking forward to NASDAQ as the worst major index in 2021! Oh, and S&P 500 1,500!

?

"Sweet!"

Yea, you caught that.

Oh, just an after thought, probably nothing:

https://www.multpl.com/shiller-pe

Ghost of Igloi wrote:

Yea, you caught that.

Oh, just an after thought, probably nothing:

https://www.multpl.com/shiller-pe

You're not a quitter. We'll give you that.

Glad we can be enjoying this new years in good health and in good measure.

Here's to another one, Igy!

Flagpole wrote:

I wouldn't give advice on something I'm not doing.

Could you please tell that to Igy?

Happy New Years Troll.Here’s to another year of Igy obsessed posts!

Ghost of Igloi wrote:

https://imgur.com/a/aOgRyGE

That explains a lot! ?

HNY, all! ?

doc idiot wrote:

SP,

I’m not convinced like you that there’s such a fundamental difference. I think both BTC and TSLA fluctuate according to simple supply and demand, with demand - the more important variable I think - being very fickle, to the point of being chaotic and unpredictable, for a host of reasons mainly psychological. The underlying presence of something with fundamental value is, I think, mostly beside the point.

But out of respect for my elders (you wrote elsewhere that you are 63; which puts you in the second tier behind Igy and la gente, both in their 70s, ahead of the next group in their mid50s of me, mas, agip and FP), and out of good wishes for the coming New Year, I defer to your greater accumulated experience and wisdom. :-)

Happy New Year to all, every day we wake up and can still SMELL the cawfee ( New Jerseyan for coffee ) is a good day. Also, another reminder, the Spanish words for New Year are Año Nuevo not Ano Nuevo ( new anus ).

May I suggest another wager for the next year between Idiot and GoI. Instead of dignity, why not each wager 1 option contract expiring 12/17/2021. A call for Idiot where he believes he can break even and vice versa, a put for GoI. Others may want to join in the fun.

la gente, Happy New Year to you as well!

I would do the option schtick but it is the absolute truth that i am afraid that if i tried options, I'd like it, and i know that would not end well.

I'd buy a 3x etf either long or short or both for that matter, but i know my limits, and that has served me well so far.

Dang .... I wish I could have that head of hair at 70+. Heck, I wish I could have that head of hair now!

Lost it all during chemo, pops up on one side now.

muy loca,

You are the arbiter:

Igy

my forehead is expanding wrote:

Dang .... I wish I could have that head of hair at 70+. Heck, I wish I could have that head of hair now!

I’m sure you could do without the boiler though.

I think of you every day as the boiler shrinks. Motivation, you know.

At least you’re good for something.

?

You’re welcome!

seattle prattle wrote:

Flagpole wrote:

I do not invest in individual stocks, and I don't speculate, so I am of no help here. I wouldn't give advice on something I'm not doing.

I was more referring to your recommendations on getting into speculative stuff like that, in general, in any significant way when one has say less than one million dollars with which to invest/speculate. Don't feel a need to respond, you already said it before....

Ok. Sorry that I didn't get that. You are correct...must have $1 million in investments, have zero debt including a paid-for house (or money separately set aside that pays for rent increases the rest of your life) and still doing 15% of income minimum into retirement accounts if still working.

Gruntz wrote:

Flagpole wrote:

I wouldn't give advice on something I'm not doing.

Could you please tell that to Igy?

I can only set proper examples. :)

To all of you, even the deplorables among you, I wish you a Happy New Year!

la gente esta muy loca wrote:May I suggest another wager for the next year between Idiot and GoI. Instead of dignity, why not each wager 1 option contract expiring 12/17/2021. A call for Idiot where he believes he can break even and vice versa, a put for GoI. Others may want to join in the fun.