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25,720,391 Views | 234986 Replies | Last: 2 hrs ago by El_duderino
Premium
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AG
BrokeAssAggie said:

Premium said:

Is Tesla at 620 a good time to add more, or would you wait? Assume your holding long.
I think it will go lower over the next few weeks.


Thanks, I didn't buy more
BrokeAssAggie
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Premium said:

BrokeAssAggie said:

Premium said:

Is Tesla at 620 a good time to add more, or would you wait? Assume your holding long.
I think it will go lower over the next few weeks.


Thanks, I didn't buy more


Me too!! I'm a dumbass
Bob Knights Paper Hands
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Jet Black said:

I really want this thing to tank one more time

I think it will. I think we get close to 4400 first, though. The extent of the recession will start being felt right around the time we have election uncertainty and I think that will push us further down.
Bonfire1996
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The myth hit the news today that inflation is subsiding. Have any of you seen gas prices below what was previously a record price one month ago?

Inflation subsiding is a joke. The strippers know. This economy is on its way to proper fu[kage.

We bounce, then we test new lows.
BaylorSpineGuy
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Bloomberg should do an interview with Ray Dalio and then follow it with an interview with a stripper with a bunch of glitter on her face. Prog can pick the guest interviewee.

Btw, is AustinAg ok? He's been MIA for a few weeks. Been a few regulars we haven't seen in a bit.
ProgN
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BaylorSpineGuy said:

Bloomberg should do an interview with Ray Dalio and then follow it with an interview with a stripper with a bunch of glitter on her face. Prog can pick the guest interviewee.

Btw, is AustinAg ok? He's been MIA for a few weeks. Been a few regulars we haven't seen in a bit.


I volunteer for tribute! I'll personally interview all the strippers for the benefit for all on this board.
Philip J Fry
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Bonfire1996 said:

The myth hit the news today that inflation is subsiding. Have any of you seen gas prices below what was previously a record price one month ago?

Inflation subsiding is a joke. The strippers know. This economy is on its way to proper fu[kage.

We bounce, then we test new lows.


Question is how big the bounce is. Fundamentally, what's changed to make this anything but a bear rally?
ProgN
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Philip J Fry said:

Bonfire1996 said:

The myth hit the news today that inflation is subsiding. Have any of you seen gas prices below what was previously a record price one month ago?

Inflation subsiding is a joke. The strippers know. This economy is on its way to proper fu[kage.

We bounce, then we test new lows.


Question is how big the bounce is. Fundamentally, what's changed to make this anything but a bear rally?
Nothing, this is a bear market rally and it's still a traders market. Ride the waves, get in and out, build capital.
Philip J Fry
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I don't know anything about CVE or what they do, but I sure like their stock.
Brewmaster
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BrokeAssAggie said:

Premium said:

BrokeAssAggie said:

Premium said:

Is Tesla at 620 a good time to add more, or would you wait? Assume your holding long.
I think it will go lower over the next few weeks.


Thanks, I didn't buy more


Me too!! I'm a dumbass
is there a 3x TSLA ETF yet? LOL. In all seriousness though, just for fun I like to track Tesla vs SPXL or a similar 3x ETF. Sometimes TSLA will outpace them.
Brewmaster
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yeah what Prog said. Mancini said this could be a multi week rally, but that that's a typical bear market rally. Then we would dump to new lows.

check this out... mid June usually has a dump, that would give us 2 weeks of rally before then.

slacker00
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Not just TSLA but this one is a 3x that has 10% TSLA holdings

https://finance.yahoo.com/quote/FNGU/holdings/
$30,000 Millionaire
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Summer doldrums folks.
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
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$30,000 Millionaire said:

Summer doldrums folks.

Lol. Doldrums indeed. Crazy week!
lobwedgephil
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BaylorSpineGuy said:

Is it so bad to be a Bear? To my knowledge there's never been a 25% positive day in the market, but there has been a 25% down day! Quicker and more robust return if timed right!
True, elevator down normally, besides this current market slow grind down. Nothing wrong being a bear, you just have to be very good at timing it. Also don't forget, the entire market is designed to go up, and 100% of time, over time, it goes up. So be a bear all you want, I love puts, they typically pay quicker, more aggressive, but long term I am always looking to add to holds during corrections, bear markets, etc.
$30,000 Millionaire
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Market will always go up over time. Never be a perma bear.
You don’t trade for money, you trade for freedom.
BrokeAssAggie
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So futures are up. Doesn't mean anything right now, correct?
FrioAg 00
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AG
Correct
BrokeAssAggie
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Thanks.

If y'all haven't been watching this baseball team you need to jump on the bandwagon. Real fun team to watch. They play this evening around 5 or 5:30, winner of Florida vs Bama game.
gougler08
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Aggie baseball futures are way up
BT1395
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BREwmaster said:

yeah what Prog said. Mancini said this could be a multi week rally, but that that's a typical bear market rally. Then we would dump to new lows.

check this out... mid June usually has a dump, that would give us 2 weeks of rally before then.



Why would this chart be that meaningful right now given the economy and exogenous factors? (serious question - not trying to be a jackass). Plus, the market certainly didn't follow history in April!
ProgN
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I'm at Academy and here's a gift idea for your wife's birthday or Christmas. Just imagine the sammiches she could make for you.
BrokeAssAggie
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Or she might go lorena bobbitt on your ass!
Philip J Fry
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I've been mentioning CVE lately. The growth is now fully logarithmic. How long can something like this keep going?
$30,000 Millionaire
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Philip J Fry said:

I've been mentioning CVE lately. The growth is now fully logarithmic. How long can something like this keep going?



When you're asking this question, you know what to do
You don’t trade for money, you trade for freedom.
Ribeye-Rare
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Bonfire1996 said:

The myth hit the news today that inflation is subsiding. Have any of you seen gas prices below what was previously a record price one month ago?

Inflation subsiding is a joke. The strippers know. This economy is on its way to proper fu[kage.

We bounce, then we test new lows.
I saw that and just shook my head.

Inflation was "down" to 6%+ (over three times their "target" rate) and so now they can be the kinder, gentler Fed and ease up on interest rate increases. The Fed's shtick is getting old.

I can see why cash is pouring into real estate. Hell, I've got some real estate that would bring some fantastic paper gains right now on sale but who the hell in their right minds wants cash right now in light of what the Fed is doing to devalue it?
Philip J Fry
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Yeah. I keep telling myself that too, but I would have been asking the same question months ago.

Which makes me wonder…from a technical analysis only, how would you identify stocks like this early?
$30,000 Millionaire
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Sector performance, volume, option flow.

Right now that has to be over +3. I think it will pull back. It might continue higher. It might not, but parabolic moves always end. If I personally had shares and saw this I would sell half or more.
You don’t trade for money, you trade for freedom.
ProgN
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What was that stock a few months back that was going parabolic and the ceo kept buying it? You pointed out it was 3+ L.
khkman22
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ProgN said:

I'm at Academy and here's a gift idea for your wife's birthday or Christmas. Just imagine the sammiches she could make for you.

This model is great. The more surface area the better for flavor profile. I've sliced slices so thin you couldn't even see them with this model.
BaylorSpineGuy
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ASAN, maybe?

He called it. Was touching 140+ at one point and is now a cool $22/share.
Ragoo
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BaylorSpineGuy said:

ASAN, maybe?

He called it. Was touching 140+ at one point and is now a cool $22/share.
I think this is correct
Philip J Fry
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AG
Looks like it's been going parabolic since 2020.
ProgN
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BaylorSpineGuy said:

ASAN, maybe?

He called it. Was touching 140+ at one point and is now a cool $22/share.


That's the one. Thanks doc
BaylorSpineGuy
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Philip J Fry said:

Looks like it's been going parabolic since 2020.



William O'Neil's book lists a handful of factors that help predict these moves. There are number but look at EPS growth YoY and QoQ, cup with handle formation, low volume at bottom of cup with volume breakout, and a handful of others.

IBD subscription helps identify some of these. But let's not kid ourselves….insiders know when they have something and sharing knowledgeable trading advice is a big part of it.
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