Sell

[The-Shoveler]

[quote=Coronita][quote=sdrealtor]I got tired of watching Tesla go up every day so I bought one share on Friday to make it go down. I figured even if it went down I would feel like a winner because I’d have five shares on Monday with the split. Net result? I have five shares and a 14% gain so far. Silliest stock on the planet[/quote]

I bought Intel shares and AMD put options… Of course after I did that, AMD shot up from 90 to 92. If I kept every call option from 2.50/share, it would have been serious dough.
Sold some at 50ies.
Then some more at 60ies.
Got completely out in mid 70ies.
Watched it go to the 80ies and envious decided to go short the day it hit 90 with put options.

And now it’s 92-93…
This sucks. AMD, just as crazy.[/quote]

Reminds me of 1999, just a relentless march higher at crazy valuations, Well OK maybe most will not end up 0 like 1999 but still just crazy valuations.

But still Investors are sitting on probably the largest pile of cash ever, so there are a lot of investors sitting this out. very interesting times.

Seems a minority of money relentlessly pushing 5 or 6 stocks higher.

[Coronita]

I sold half of my trading account yesterday….that’s why the Dow is up 460+ pts today. lol.. You are welcome…

[ltsddd]

[quote=The-Shoveler][quote=Coronita][quote=sdrealtor]I got tired of watching Tesla go up every day so I bought one share on Friday to make it go down. I figured even if it went down I would feel like a winner because I’d have five shares on Monday with the split. Net result? I have five shares and a 14% gain so far. Silliest stock on the planet[/quote]

I bought Intel shares and AMD put options… Of course after I did that, AMD shot up from 90 to 92. If I kept every call option from 2.50/share, it would have been serious dough.
Sold some at 50ies.
Then some more at 60ies.
Got completely out in mid 70ies.
Watched it go to the 80ies and envious decided to go short the day it hit 90 with put options.

And now it’s 92-93…
This sucks. AMD, just as crazy.[/quote]

Reminds me of 1999, just a relentless march higher at crazy valuations, Well OK maybe most will not end up 0 like 1999 but still just crazy valuations.

But still Investors are sitting on probably the largest pile of cash ever, so there are a lot of investors sitting this out. very interesting times.

Seems a minority of money relentlessly pushing 5 or 6 stocks higher.[/quote]

Anyone here remembers the teenage stock-picking genius during the dot.com bubble? I believe he’s asian-american. The kid even published a book. Or how about the guy in San Diego who went from renter to owning multiple rentals in a span of a year or two. He was featured in the SD Union Tribune. I remember reading the articles about them and thought to myself, why wasn’t I as “smart” as they were. Just curious how it ended for them.

BTW., does the stock market behaves as if it expects Chump to win?

[sdrealtor]

[quote=scaredyclassic][quote=svelte][quote=sdrealtor][quote=svelte][quote=sdrealtor]You old guys are Living in the Past[/quote]

Don’t think we’ve heard what music artists you listen to…care to share?[/quote]

Guess that one sailed over your heads.

https://www.youtube.com/watch?v=YmPwYhHX_jY%5B/quote%5D

ha! Yes it did! I knew the song but never knew the name…and never heard of that album before either…and I thought I knew JT pretty well…

Still interested in what you listen to.[/quote]

I had the living in the past album. Also songs from the wood.

And too old to rock nroll. I recall buying that at a discount. Like 2.99 indtead ouf 4.99. Not selling well[/quote]

Didn’t you get your albums for free from Columbia Record Club signing up in your cats name like the rest of us?

[sdrealtor]

[quote=Coronita]I sold half of my trading account yesterday….that’s why the Dow is up 460+ pts today. lol.. You are welcome…[/quote]

thanks! I’m catching up 🙂

[ltsddd]

[quote=Coronita]I sold half of my trading account yesterday….that’s why the Dow is up 460+ pts today. lol.. You are welcome…[/quote]

I am still about 60/40…weekly additions go straight into small caps…I am happy either way, but I am hoping for another major correction and I’ll be all-in.

[Coronita]

[quote=sdrealtor][quote=Coronita]I sold half of my trading account yesterday….that’s why the Dow is up 460+ pts today. lol.. You are welcome…[/quote]

thanks! I’m catching up :)[/quote]

Sure. Should I short Tesla to help you even more?

I short , you go long, we split your profits half way.

[sdrealtor]

[quote=ltsddd][quote=The-Shoveler][quote=Coronita][quote=sdrealtor]I got tired of watching Tesla go up every day so I bought one share on Friday to make it go down. I figured even if it went down I would feel like a winner because I’d have five shares on Monday with the split. Net result? I have five shares and a 14% gain so far. Silliest stock on the planet[/quote]

I bought Intel shares and AMD put options… Of course after I did that, AMD shot up from 90 to 92. If I kept every call option from 2.50/share, it would have been serious dough.
Sold some at 50ies.
Then some more at 60ies.
Got completely out in mid 70ies.
Watched it go to the 80ies and envious decided to go short the day it hit 90 with put options.

And now it’s 92-93…
This sucks. AMD, just as crazy.[/quote]

Reminds me of 1999, just a relentless march higher at crazy valuations, Well OK maybe most will not end up 0 like 1999 but still just crazy valuations.

But still Investors are sitting on probably the largest pile of cash ever, so there are a lot of investors sitting this out. very interesting times.

Seems a minority of money relentlessly pushing 5 or 6 stocks higher.[/quote]

Anyone here remembers the teenage stock-picking genius during the dot.com bubble? I believe he’s asian-american. The kid even published a book. Or how about the guy in San Diego who went from renter to owning multiple rentals in a span of a year or two. He was featured in the SD Union Tribune. I remember reading the articles about them and thought to myself, why wasn’t I as “smart” as they were. Just curious how it ended for them.

BTW., does the stock market behaves as if it expects Chump to win?[/quote]

Not sure if you are referencing them but a couple young guys were featured in the UT after opening a century 21 Brokerage in San Marcos. They got crushed though The main guy was able to hold onto some properties for several years avoiding foreclosure. Eventually he lost them but he lived mortgage free for years.

[sdrealtor]

[quote=Coronita][quote=sdrealtor][quote=Coronita]I sold half of my trading account yesterday….that’s why the Dow is up 460+ pts today. lol.. You are welcome…[/quote]

thanks! I’m catching up :)[/quote]

Sure. Should I short Tesla to help you even more?

I short , you go long, we split your profits half way.[/quote]

I only own five shares. Not worth the trouble

[sdrealtor]

[quote=svelte][quote=sdrealtor][quote=svelte][quote=sdrealtor]You old guys are Living in the Past[/quote]

Don’t think we’ve heard what music artists you listen to…care to share?[/quote]

Guess that one sailed over your heads.

https://www.youtube.com/watch?v=YmPwYhHX_jY%5B/quote%5D

ha! Yes it did! I knew the song but never knew the name…and never heard of that album before either…and I thought I knew JT pretty well…

Still interested in what you listen to.[/quote]

I’m all over the place. Just got back from a six mile walk. Was listening to The Dirty Nil

[ltsddd]

[quote=sdrealtor][quote=ltsddd][quote=The-Shoveler][quote=Coronita][quote=sdrealtor]I got tired of watching Tesla go up every day so I bought one share on Friday to make it go down. I figured even if it went down I would feel like a winner because I’d have five shares on Monday with the split. Net result? I have five shares and a 14% gain so far. Silliest stock on the planet[/quote]

I bought Intel shares and AMD put options… Of course after I did that, AMD shot up from 90 to 92. If I kept every call option from 2.50/share, it would have been serious dough.
Sold some at 50ies.
Then some more at 60ies.
Got completely out in mid 70ies.
Watched it go to the 80ies and envious decided to go short the day it hit 90 with put options.

And now it’s 92-93…
This sucks. AMD, just as crazy.[/quote]

Reminds me of 1999, just a relentless march higher at crazy valuations, Well OK maybe most will not end up 0 like 1999 but still just crazy valuations.

But still Investors are sitting on probably the largest pile of cash ever, so there are a lot of investors sitting this out. very interesting times.

Seems a minority of money relentlessly pushing 5 or 6 stocks higher.[/quote]

Anyone here remembers the teenage stock-picking genius during the dot.com bubble? I believe he’s asian-american. The kid even published a book. Or how about the guy in San Diego who went from renter to owning multiple rentals in a span of a year or two. He was featured in the SD Union Tribune. I remember reading the articles about them and thought to myself, why wasn’t I as “smart” as they were. Just curious how it ended for them.

BTW., does the stock market behaves as if it expects Chump to win?[/quote]

Not sure if you are referencing them but a couple young guys were featured in the UT after opening a century 21 Brokerage in San Marcos. They got crushed though The main guy was able to hold onto some properties for several years avoiding foreclosure. Eventually he lost them but he lived mortgage free for years.[/quote]

I don’t think that was it. I think the guy was middle-age with a couple teenage kids. I believe he was an immigrant (either middle east or Armenia or something). He was renting a condo somewhere along the 15 corridor (Scripps Ranch?) before he struck “gold”. He’s really a poster boy for awful lending practices back then.

[sdrealtor]

There were plenty. There were also a lot of “experts” here and on other real estate blogs that completely misread what was going on and didn’t capitalize on what was a great opportunity after the crash. They were paralyzed by fear. Then there was powayseller. You don’t even want to know where that one ended up. Beyond the deep end

[an]

[quote=The-Shoveler]Reminds me of 1999, just a relentless march higher at crazy valuations, Well OK maybe most will not end up 0 like 1999 but still just crazy valuations.

But still Investors are sitting on probably the largest pile of cash ever, so there are a lot of investors sitting this out. very interesting times.

Seems a minority of money relentlessly pushing 5 or 6 stocks higher.[/quote]
That’s exactly what I told my wife. It feel so much like 1999. Maybe early 1999 or late 1998. Which hopefully means, there’s another year or so of this before things go bust.

[Coronita]

Crash and burn. Dow down 600pts. heh heh.

[svelte]

[quote=sdrealtor][quote=ltsddd]
Or how about the guy in San Diego who went from renter to owning multiple rentals in a span of a year or two. He was featured in the SD Union Tribune. I remember reading the articles about them and thought to myself, why wasn’t I as “smart” as they were. Just curious how it ended for them.[/quote]

Not sure if you are referencing them but a couple young guys were featured in the UT after opening a century 21 Brokerage in San Marcos. They got crushed though The main guy was able to hold onto some properties for several years avoiding foreclosure. Eventually he lost them but he lived mortgage free for years.[/quote]

Probably not who you’re talking about, but there was that kid (early 20s?) from Sacramento who drank the kool aid and bought rentals all over the country. I don’t think he owned more than 10 but it ended very poorly…if I’m not mistaken he used no-doc loans to get them. He started the website “iamfacingforeclosure” and when all the properties were gone he changed his name and went into real estate. His original name was Casey Serin.

https://en.wikipedia.org/wiki/Casey_Serin

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