Posts
The Stock Market
The stock market is a very large Ponzi scheme. 401Ks are indexed Ponzi schemes. Once the ultra wealthy can disconnect their wealth from any one country, using crypto tokens. The stock market and 401Ks will probably crash. You usually want to do this on a generation that has no real …
What is the reason that Buffett said his company might 'own this stock forever' when talking about Occidental Petroleum?
I made a post asking about this stock back in January (cross posting now allowed) and Buffett was still underwater on this position back then. Well he's not under water any longer! To explain the title, he made a remark in one of this shareholder letters that said Occidental might …
Be weary that this kind of market sentiment is exactly what results in short squeezes
The index is up 1.5% overnight yet VIX has barely moved. This suggests that almost no one trusts Trump. However, it more directly suggests that people as an overwhelming majority in the market are shorting stocks despite pumps up. What they don’t realize is that this wide consensus is exactly …
Glad I bought the "dip" as markets are looking greener today
Not sure how much greener it’ll get today, but I’m proud of myself for sending that and buying the dip. VTSAX and chill lol. I used to wait and wait for it to get super low, but not anymore. The mindset is buy and hold. Yes, it may get lower …
I’m planning to start adding back to positions I previously trimmed due to losses
Last week I trimmed some of my positions based on my signals, but I don’t think those opportunities are gone. If anything, I’m looking to get back in at better prices. To me, short term pullbacks are just noise trying to mess with your emotions. My screener and indicators are …
Today shouldn’t disappoint
Yesterday I posted because I was feeling a bit uncertain about the market and was asking whether it made sense to hold more cash. Then my screener and indicators suddenly started lining up again and gave me a pretty clear entry. Really appreciate everyone who shared their thoughts yesterday. Hopefully …
Bought BP at $28, Up 70%. Hold or Take Profit?
I bought BP (BP.US) at $28 and I’m currently up around 70%. I’m trying to decide whether it makes sense to take profits now or keep holding for longer. My main question is how people here are thinking about BP at current levels. Do you still see upside from here …
Inflation - Why the Iran War Will Impact CPI (a follow up)
First, my claim: Due to a mix of factors impacting both the supply and demand for petroleum products, along with other factors, we will see a sustained increase in prices for these commodities that will ripple through the rest of the supply chain impacting overall inflation levels. Yesterday I made …
PI coin means reach
Hello, If anyone here is interested in investing in PI, I have 77 available coins for sell. I mine for a while but I want to keep the majority for myself (77 is my lucky number 😂), and I am going to stop and wait for it to reach it's …
PI coin trade
Hello, If anyone here is interested in investing in PI, I have 77 available coins for sell. I mine for a while but I want to keep the majority for myself (77 is my lucky number 😂), and I am going to stop and wait for it to reach it's …