Sell

[gzz]

“Please don’t get a crazy idea to short Tesla”

Too late for me 🙁

I think it will be a very profitable short in the end and I am very liquid and patient. But so far… 🙁

[Coronita]

[quote=gzz]”Please don’t get a crazy idea to short Tesla”

Too late for me 🙁

I think it will be a very profitable short in the end and I am very liquid and patient. But so far… :-([/quote]

I’m sorry. Hopefully, you consider some protective call options. Sometimes you win sometimes you lose.

[outtamojo]

The stock indices gnaw at me like housing prices in the early 2000’s. So that means markets will go to new highs while my gut blows up telling me how bad things are.

[The-Shoveler]

[quote=outtamojo]The stock indices gnaw at me like housing prices in the early 2000’s. So that means markets will go to new highs while my gut blows up telling me how bad things are.[/quote]

Probably a bad Idea, but I am thinking of shorting the S&P-500 by buying a little ‘sh’ (less than .05% so no real commitment, just enough to keep me interested).

Which is a good indicator that markets will go to new highs LOL.

[scaredyclassic]

[quote=The-Shoveler][quote=outtamojo]The stock indices gnaw at me like housing prices in the early 2000’s. So that means markets will go to new highs while my gut blows up telling me how bad things are.[/quote]

Probably a bad Idea, but I am thinking of shorting the S&P-500 by buying a little ‘sh’ (less than .05% so no real commitment, just enough to keep me interested).

Which is a good indicator that markets will go to new highs LOL.[/quote]

Gambling is morally wrong, in the same way that drug abuse is morally wrong. And i believe this is gambling.

[The-Shoveler]

investing is gambling, farming is gambling, buying a house is gambling.

Life is a gamble.

Go ahead throw the first stone.

[scaredyclassic]

[quote=The-Shoveler]investing is gambling, farming is gambling, buying a house is gambling.

Life is a gamble.

Go ahead throw the first stone.[/quote]

Those arent games of chance.

Roulette has zero social utility.

Investing, homes and farming do.

Just because something is risky does not mean it is gambling.

That is why gambling houses are generally illegal and should be morally repugnant everywhere. The lottery should not exist. Im not sure the exact date gambling became acceptable but when i was a kid in nyc, local criminals ran numbers games and degenerates hung out at off track betting.
.gambling was not normal.

It was not part of lifes fabric.

I recall 3 card monte games on nyc streets!

Crazy how life was in the 70s

I despise it. It shouldnt be criminalized but statistics should be taught better in grade school

Money is way too hard to earn for people to lose it thinking thryre lucky and for crooks to take it from them with flashy games

Now marriage, kids, that is a gamble. And nowadays, etrade.

[The-Shoveler]

Jeez LOL,

Next time I think about doing something I will be sure to consult “he who is holy than thou” LOL.

[barnaby33]

I’m somewhere in the middle on my observations, but agree with DaveLJ as to our macro direction. What I’ve seen in my hood, Mission Valley, is that places that cater to an older wealthier crowd are doing ok. People are itching to get out, but that segment still has disposable income. Places in the rougher part of town say, Lemon Grove and Spring Valley seemed much less likely to be open. Most of my observations were made on long bike rides. I often head to the border and back via varying routes which take me through a broad range of neighborhoods.

One signal that startled me was how fast gas shot back up to almost $3 a gallon.
Josh

[scaredyclassic]

[quote=The-Shoveler]Jeez LOL,

Next time I think about doing something I will be sure to consult “he who is holy than thou” LOL.[/quote]

No gambling.
No extramarital sex.
No cruises.

I just saved u a ton of $

[Coronita]

[quote=scaredyclassic][quote=The-Shoveler]Jeez LOL,

Next time I think about doing something I will be sure to consult “he who is holy than thou” LOL.[/quote]

No gambling.
No extramarital sex.
No cruises.

I just saved u a ton of $[/quote]

Phew! Cars aren’t on that list.

C8 Stingray is an absolute must for happiness at Thunder Hill.
(Thunder Hill is a great track)

[scaredyclassic]

[quote=Coronita][quote=scaredyclassic][quote=The-Shoveler]Jeez LOL,

Next time I think about doing something I will be sure to consult “he who is holy than thou” LOL.[/quote]

No gambling.
No extramarital sex.
No cruises.

I just saved u a ton of $[/quote]

Phew! Cars aren’t on that list.

C8 Stingray is an absolute must for happiness at Thunder Hill.
(Thunder Hill is a great track)

Cars have social utility.

Cruises do too, sort of, but because they have used quasi slave employees, they make the list

[ltsddd]

“Misclassification error” on jobs report. Monday will be interesting:

https://www.stamfordadvocate.com/business/article/The-May-jobs-report-had-misclassification-error-15320999.php

The revised numbers for April is closer to 20% and May is 16%.

[scaredyclassic]

[quote=ltsddd]”Misclassification error” on jobs report. Monday will be interesting:

https://www.stamfordadvocate.com/business/article/The-May-jobs-report-had-misclassification-error-15320999.php

The revised numbers for April is closer to 20% and May is 16%.[/quote]

Oh, sad. George floyd is now frowning in heaven.

[gzz]

“ I’m sorry. Hopefully, you consider some protective call options. Sometimes you win sometimes you lose.”

My total shorts amount to about 4% of my “long” position in real estate and are about equal to my long position in stocks.

So hedging a hedge isn’t needed. I’ll do great overall if the irrational tech bubble continues.

Tesla’s market share of the EV market in Norway, Spain and Holland is not even in the top 5 anymore when it used to be consistently 1 or 2.

It has never made any money, solar roof was a dud with years of declining sales, and in the most competitive markets for EVs it is losing. The Mustang Mach-E to me at least looks cooler than the model Y, has similar specs and price, but comes with the 7500 tax credit that Tesla doesn’t qualify for anymore.

https://www.ford.com/suvs/mach-e/2021/

What’s killing Tesla in Europe is the Audi etron on the high end and Hyundai Kona and Kia Niro and VW eGolf on the low end.

Tesla’s market cap is $164B. Kia and Hyundai combined are under 30B. But they both are beating Tesla at its own game.

[Author]

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