How about this. I'll put up what I made in my actual trade, $10000. that my trade was real. You propose how to verify. I'll put up another $10000. that your trade was not real. Have the Wizard hold the $40000. Winner takes $20000 on each challenge. If you're not willing to take up both challenges, don't expect me to bother commenting much on your nonsensical posts in the future.
Many firms base bonus's on Jan 1 to Thanksgiving, so December is a period of coasting.
I have an order to buy extra shares of AMZN for trading if it hits 3518.
Considering another trade at the triple bottom, but I gotta go into town now for some business appointments so that might be it for the day.
Quote: MDawgA lot of turbulence lately, Omicron wise.
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Not if you are heavy in TSLA and AAPL. Unfortunately, I’m not heavy enough…
I much prefer selling covered calls.
My tax philosophy is that I'd rather book all winners and pay the taxes than have any losers with which to offset. Ah, but that wash sale rule. (See above.)
Quote: MDawg
He may be referring to a period in the past when I had not had a losing STOCK trade in about two years, and even that is misleading because I pointed out that after that approximately two year winning streak there came a period where I did lose on two shorts where if I had held just a few more hours or one more day I would have made money.
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Speaking of which - HOW ABOUT THAT TSLA. Every time it drops below 1000, it roars back above. Bank it!
Yes the day may come where it drops below and stays below for a bit, but, that day has not yet come!
Quote: MDawgAs your attorney I advise you to pull the trigger on TSLA at 955. If it goes that low, buy! for a trade.
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Don't even thank me. I hit it at 955, and it's 972 now. Cha’Ching!
It didn't look like it was going to go that low, but on the third pass, it did, and I got a fill. Went even lower, as is its wont, but steady climb since. I'm looking for 975, and it already dipped below that. Let's see what happens but it's greenie all the way. May pull the sell trigger if it drops back to 965. Ten points is ten points.
And again, this is just trading extra shares on top of my long term TSLA.
Quote: MDawgAAPL FOUR FOR ONE STOCK SPLIT!
To the moon!
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Quote: rushdlI would recommend dumping aapl about now.
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Quote: TDVegasApple looks DOA. Can’t survive on Steve Jobs legacy forever. Where is the innovation, Apple? A watch in the past 10 years. That’s it. Jobs would have had 2-3 new, big products in development.
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Quote: MDawgAs far as AAPL there was a period some five years ago where everyone was saying that it was finished, and yet, look how well the stock has done since then.
I buy only Apple products (MBP, iMac, iPhone, iPad, iWatch, etc.), almost no PC, and I am sure there are others like me too.
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It has never appealed to me much if at all as a trading stock, but long term hodl, it continues to be awesome.
Never ending variants.
AAPL too.
1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.
2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
Quote: MDawgJust for future reference, here are the two warning signs when it comes to start up biotech companies:
1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.
2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
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Minoxidil was a below average antihypertensive. Now called Rogaine it has sold countless $$billions.
(Not saying it really works) I wish I was an ivermectin manufacturer!
(To be fair, I DO agree with MDawg’s point).
Quote: SOOPOOQuote: MDawgJust for future reference, here are the two warning signs when it comes to start up biotech companies:
1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.
2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
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Minoxidil was a below average antihypertensive. Now called Rogaine it has sold countless $$billions.
(Not saying it really works) I wish I was an ivermectin manufacturer!
(To be fair, I DO agree with MDawg’s point).
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I had minoxidil in mind while I was writing the above. However, it was not a FAILED drug - it actually worked for something in the past.
Quote: TDVegasWell, that was just crappy. All the gains from Teslas enormous delivery numbers wiped out in 2 days.
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It happens, but now comes the re-consolidation, upwards.
Quote: MDawgThe way these winners like TSLA etc. work, is some news comes out that blows them up, Big Time! Then inevitably something comes to take the wind out of the sails, and many give up and drop their shares, but in time, the good news propels these winners to new ATHs.
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Quote: MDawgQuote: SOOPOOQuote: MDawgJust for future reference, here are the two warning signs when it comes to start up biotech companies:
1 - They are proposing a "one size fits all" drug that is good for multiple diseases - when it doesn't get approval or work for one thing, they claim that it will be good for something else.
2 - They rebrand a drug that failed in the past (often distant past) for something or other, claiming that it is good for something else.
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Minoxidil was a below average antihypertensive. Now called Rogaine it has sold countless $$billions.
(Not saying it really works) I wish I was an ivermectin manufacturer!
(To be fair, I DO agree with MDawg’s point).
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I had minoxidil in mind while I was writing the above. However, it was not a FAILED drug - it actually worked for something in the past.
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I guess I’ll have to agree with you.. sort of. When I started practicing around 1990 it was a pretty commonly used anti hypertensive. But it quickly was replaced with better drugs with fewer side effects. The side effect of unwanted hair growth became ‘give it to me because I want more hair growth’! For a very short while in my 40’s I sprayed some of that stuff on my head with little to no results.
Do you consider TSLA ‘on sale’ now? Are you beefing up on your long term holdings?
I wouldn't say that TSLA is "on sale" today but anytime it falls below 1000 it might be.
Gambling results are measured over days. Investment results are measured over decadesQuote: TDVegasWell, that was just crappy. All the gains from Teslas enormous delivery numbers wiped out in 2 days.
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Market doesn’t have a good feel. Everything cratering into close as well. That generally means looking for exit doors.
Quote: TDVegasMarket rout. For all the feel good of Tesla’s massive sales numbers…it’s down about $200 or 17% since then.
Market doesn’t have a good feel. Everything cratering into close as well. That generally means looking for exit doors.
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I agree. But I’ve had these same thoughts DOZENS of times over the past 3 decades. If I would have sold at any of those times I would have missed out on the continual market up trend over those decades.
Quote: SOOPOO
I agree. But I’ve had these same thoughts DOZENS of times over the past 3 decades. If I would have sold at any of those times I would have missed out on the continual market up trend over those decades.
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Spoken like a true investor!
(Luckily) I gave up shorting the market many many years ago.
I spent 20 minutes trying to find a decent movie yesterday. Add more A quality content.