[The-Shoveler]

Just saw an article that China’s stock market in much bigger bubble than ours.

It not just tech, soy sauce maker gets 80 PE valuation.

[The-Shoveler]

“Sweden has gone from being the country with the most infections in Europe to the safest one.”

Sweden Close To Victory Over Coronavirus; Never Had A Lockdown Or Mask Mandate

[The-Shoveler]

IMO Sweden had it right (although they could have done a better job protecting the elderly).

In the end the numbers were not much different than France or Spain etc…

Trying to do a hard lock down in the USA is just a really dumb Idea IMO.

[The-Shoveler]

I think the current Robinhood crowd ect… does have an advantage boomers did not during the 1999-2003 boom/bust as really big bubbles/crashes were not in recent memory as much as they are now.

So maybe they are better prepared than most think.

[The-Shoveler]

I may buy some more SPYD (yield is about 6% currently), if it goes down some over the next few days.

I think a rotation into value could start soon.

[The-Shoveler]

No matter how much health you think you have life can throw you a health curve ball when you least expect it.

God seems to be the ultimate equalizer.

[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.

[The-Shoveler]

It’s never perfect but I would say in my life I would have never done or experienced half the things I have over the last 25 years had it not been for my wife.

My life would have just been less.

[The-Shoveler]

Just from a practical stand point the SD downtown area can hold maybe 1 to maybe 3% of the population of SD county.
Probably in LA downtown maybe less than 1% of the population of LA.

Way over hyped.

[The-Shoveler]

IMO this whole inner city revival thing was way over hyped from the start (at least on the west coast anyway).

Most people still want to live in the burbs with a three car garage, good sized yard etc.. if they can afford it anyway.

[The-Shoveler]

When the Egyptian pyramid were covered in gold it must have been quite a sight.

They don’t build them like that anymore.

[The-Shoveler]

Probably the Pension fund manager is out of wack LOL.

I could see it if it was a gold mining stock like Buffett invested in.

Does not make a lot of sense IMO for a pension fund to buy Gold (the commodity itself).

[The-Shoveler]

Aqualung, my friend, don’t you start away uneasy
You poor old sod.

[The-Shoveler]

I predict mayhem no matter who thinks they won IMO only.

choose your intolerant leader, any descent from official message will not be tolerated.

[The-Shoveler]

SF is not the same place it was 10 years ago maybe the new 22 year old’s are not either.

[Author]

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