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DRich
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July 3rd, 2023 at 5:18:06 AM permalink
Big move on Tesla today. Up about $17 today on news that they are now selling over 5000 new cars per day.
At my age, a "Life In Prison" sentence is not much of a deterrent.
billryan
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July 3rd, 2023 at 6:24:51 AM permalink
Quote: DRich

Big move on Tesla today. Up about $17 today on news that they are now selling over 5000 new cars per day.
link to original post



I'm pretty sure Tesla can only make about 1750 cars a day at max production, so something will have to give.
The difference between fiction and reality is that fiction is supposed to make sense.
DRich
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July 3rd, 2023 at 9:58:56 AM permalink
Quote: billryan

Quote: DRich

Big move on Tesla today. Up about $17 today on news that they are now selling over 5000 new cars per day.
link to original post



I'm pretty sure Tesla can only make about 1750 cars a day at max production, so something will have to give.
link to original post



That may be just at the California plant that they do 1750. This article states they built 479,700 cars this quarter.

https://www.cnbc.com/2023/07/02/tesla-tsla-q2-2023-vehicle-delivery-and-production-numbers.html
At my age, a "Life In Prison" sentence is not much of a deterrent.
SOOPOO
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July 3rd, 2023 at 10:12:53 AM permalink
Quote: darkoz

Quote: MDawg

So my prediction of >100K already happened?

Bitcoin Price Spikes to $138K on Binance.US
link to original post



So did Bill Ryan lose the bet?
link to original post



If I was arbitrating it, I’m not sure how I’d rule. If the bet was ‘will there ever be an exchange that will ever have BTC LISTED at over $100k’, then Billy loses. Since I do not believe ANYONE was actually able to SELL a BTC for $128k, it was never WORTH over $100k.

It’s the same fallacy some have while selling their homes. They think if they list it for $1 million it is therefore worth $1 million. The value or worth is only truly determined upon an actual sale.
MDawg
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July 4th, 2023 at 3:06:53 PM permalink
On any exchange of which I am aware, the prices reflect actual completed trades, not just asks.

For example I could put in a sell order at some ridiculously high ask for shares of AMZN or TSLA but unless someone buys at that price my ask price will not be reflected anywhere in terms of the price of the stock, will not show any change or movement.

Reading the article though it is unclear whether that 138K on Binance.US reflected any kind of completed trade.
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MDawg
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July 22nd, 2023 at 12:59:42 PM permalink
When BTC hit 31K, a couple of my friends contacted me and proclaimed "The march to $80,000." I told them that more likely that BTC would dip back to 28K, then go up again from there. We haven't dipped all the way to 28K yet, but I expect that we will.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
vegas
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July 22nd, 2023 at 4:15:25 PM permalink
Bitcoin is now in the accumulating phase. This is the time to buy. It might reach say 34,000 but will also go down some and it will trade sideways all Fall and Winter so you will have time to add. The big move up in Bitcoin will come at the Bitcoin halving event which should be sometime in April 2024. This will begin the markup stage and when prices will start moving up. So if you buy in the fall or winter you will realize significant gains next spring and after the halving event.

That's what I believe will happen. Bitcoin between now and April 2024, 28,000 to 34,000 and then look for huge increases after April 2024
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
MDawg
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August 20th, 2023 at 4:38:47 PM permalink
This volatility lately has been great, been raking about $5K every early morning in the market lately without really trying. Cha'Ching!

Stock market, not crypto. In BTC I remain a hodler.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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August 21st, 2023 at 12:35:30 PM permalink
Guys, there is a lot of opportunity here lately. Volatility is good for traders. Up and down, and right back to where it started, is the best and safest scenario actually. Hard to lose while that keeps up.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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October 5th, 2023 at 5:17:32 AM permalink
Volatility remains your friend! If, you know how to work it.

And in the meantime, long term all is well! too.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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October 16th, 2023 at 4:52:37 AM permalink
Rite Aid needs some help.

Drug retailer Rite Aid files for bankruptcy, gets $3.45 billion commitment
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MDawg
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October 19th, 2023 at 8:56:56 AM permalink
TSLA took a spill but that was expected on this report. They had already stated issues that were only confirmed yesterday after the bell.

NFLX up big!
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MDawg
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October 19th, 2023 at 5:06:59 PM permalink
TSLA dropped further by the end of the day.

NFLX made it to plus fifty or so. Over 400 again! Any questions from the ones who said NFLX would take forever to make it back up?
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MDawg
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October 22nd, 2023 at 9:14:44 AM permalink
Quote: MDawg

When BTC hit 31K, a couple of my friends contacted me and proclaimed "The march to $80,000." I told them that more likely that BTC would dip back to 28K, then go up again from there. We haven't dipped all the way to 28K yet, but I expect that we will.
link to original post


This looks like the real run up on BTC. The last one was a sucker's rally.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
Ace2
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October 22nd, 2023 at 2:03:23 PM permalink
The spare change stuck under my sofa crushed Tsla, Nflx and Btc returns over the last two years

Actually, you could set 1/3rd of your money on fire and you’d still have outperformed them over the last couple years
It’s all about making that GTA
Ace2
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October 22nd, 2023 at 2:09:08 PM permalink
Quote: MDawg


NFLX made it to plus fifty or so. Over 400 again! Any questions from the ones who said NFLX would take forever to make it back up?
link to original post

How much longer for Netflix to go up another 70% in order to make it back up to where it was two years ago ?
It’s all about making that GTA
MDawg
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October 22nd, 2023 at 4:30:13 PM permalink
NFLX is already back to higher than it was just before the earnings day drop in Spring 2022.

Meantime, how much SPY did you dump below 425? You've been standing there with your hands in your pockets SPY-wise, since, predicting doom and gloom that never happened. This stems from a failure to understand the stock market, which always rises over time.
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unJon
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October 22nd, 2023 at 7:13:46 PM permalink
Quote: MDawg

This stems from a failure to understand the stock market, which always rises over time.
link to original post


Number go up.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
billryan
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October 22nd, 2023 at 7:20:44 PM permalink
No one can say in which direction the next hundred-point or thousand-point market swing will go, but I can tell you which way the next one-hundred-percent swing will be
The difference between fiction and reality is that fiction is supposed to make sense.
Ace2
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Thanked by
RogerKint
October 22nd, 2023 at 7:52:25 PM permalink
In the past 100 years, the stock market was down over a 25-year period (1929-1954), a 17-year period (1964-1981) and a 12-year period (1999-2011). That’s over half of that 100-year period that it was DOWN

The market has always risen over the VERY long-term. However, it was lower in 2033 than in 2023 that would be totally normal. Actually it’s sort of expected based on cycles and current sky-high valuations. Most importantly, we are finally returning to a normal interest rate environment. Over a decade of free money was what caused this stock and real estate bubble in the first place

MDawg, stick to the short term trades(gambles) and Vegas meal comps you write about. You have no understanding of long-term stock market performance, economic cycles or their drivers
Last edited by: Ace2 on Oct 22, 2023
It’s all about making that GTA
billryan
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October 22nd, 2023 at 11:24:49 PM permalink
Quote: Ace2

In the past 100 years, the stock market was down over a 25-year period (1929-1954), a 17-year period (1964-1981) and a 12-year period (1999-2011). That’s over half of that 100-year period that it was DOWN

The market has always risen over the VERY long-term. However, it was lower in 2033 than in 2023 that would be totally normal. Actually it’s sort of expected based on cycles and current sky-high valuations. Most importantly, we are finally returning to a normal interest rate environment. Over a decade of free money was what caused this stock and real estate bubble in the first place

MDawg, stick to the short term trades(gambles) and Vegas meal comps you write about. You have no understanding of long-term stock market performance, economic cycles or their drivers
link to original post



In 1929, the Dow was under 400. In the years since, despite recessions, depressions, war, pandemics, etc,etc, it rose to over 32,000.
How does that square with the fact the market has been down over half the period?
Under 400 to over 32,000. Horrible. But tell me more about long-term stock performance, economic cycles,and the like.

The Dow has averaged roughly 9% a year return for the last twenty years, which includes the Great Recession. It's done better in the last decade, and is at about 10% a year for the last century. All while being down more years than it was up, if your figures are accurate.
Are stocks over-valued today? Absolutely. But they were overpriced five years ago, and ten years ago, and even fifty years ago, and yet they keep going up.
The difference between fiction and reality is that fiction is supposed to make sense.
MDawg
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October 23rd, 2023 at 5:55:58 AM permalink
He doesn't get it Bill Ryan, which is why he's been panic selling his "long terms" on every panic, and trying to market time.

Yes I trade Ace2, regularly, but I also hold long term (pushing 20 years on some of them) many of the same stocks of which I trade additional shares. You think it matters that AAPL isn't at an all time high when I've been holding mass shares of it continuously over 15 years now? just to give one example. If I'd followed your lead I'd have dumped it many times by now.
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MDawg
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October 23rd, 2023 at 9:33:10 PM permalink
Quote: MDawg

Quote: MDawg

When BTC hit 31K, a couple of my friends contacted me and proclaimed "The march to $80,000." I told them that more likely that BTC would dip back to 28K, then go up again from there. We haven't dipped all the way to 28K yet, but I expect that we will.
link to original post


This looks like the real run up on BTC. The last one was a sucker's rally.
link to original post



BTC 34K
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MDawg
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November 10th, 2023 at 9:45:07 AM permalink
Still looking for 100K. Will sell some of my bitcoin when it gets there. Probably not even much of it, don't want to bankrupt the system. 😆
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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November 14th, 2023 at 8:50:18 AM permalink
TSLA partay!
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DRich
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November 14th, 2023 at 1:31:56 PM permalink
Quote: MDawg

TSLA partay!
link to original post



Nice run of $13 today but still down more than 10% from two months ago. I think Tesla is a good multi year hold.
At my age, a "Life In Prison" sentence is not much of a deterrent.
MDawg
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November 16th, 2023 at 7:17:57 PM permalink
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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December 3rd, 2023 at 7:37:23 PM permalink
Forty K
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MDawg
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December 13th, 2023 at 3:41:05 PM permalink
Quote: bobbartop

Quote: Ace2

Anybody else getting the feeling that the market could start crashing any day now? I mean something much steeper/faster than what we saw the first half of the year. I was originally thinking the real implosion wouldn't start until next year, now I'm thinking before year-end

I'm prepared. I didn't go all cash like some investors have, but I reduced my stock exposure significantly early in the year




Ad me to the List. There is no way they can get out of this mess. This is not 1980.
link to original post


Ace2 especially has been predicting doom and gloom for some time now and a market that will take decades to recover.

I knew and posted to the effect of that All is Well and Will be Well again soon enough.

And today and recently - DOW and Nasdaq hit highs again!

BTC doing well too.

All as advertised (by MDawg).

Quote: Ace2

Also remember: if you bought the Nasdaq in 2000 or certain real estate in 2005, it took FIFTEEN YEARS to recover! And that is just to recover its previous nominal value, so in inflation-adjusted terms you're still way below that previous value after many years

Both of those examples are from very recent history...it's not like I had to cherry pick some statistic from the Great Depression.

You may be fine waiting 15 years to break even. I'm not
link to original post



Quote: MDawg


Quote: Ace2

We are clearly in an asset bubble...and it's not just the stock market. Better have an exit plan unless you're quite young and don't need your invested money for several decades
link to original post


Quote: Ace2


You may be fine waiting 15 years to break even. I'm not
link to original post


It is to not understand the current stock market to think that anything takes fifteen years let alone "several decades" to recover. A few weeks in this market is like an eternity. Months is about the longest it takes for a given solid stock to recover. Even NFLX is back to pushing 230.
link to original post



You could do a lot worse than following MDawg advice.
Last edited by: MDawg on Dec 13, 2023
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
lilredrooster
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December 14th, 2023 at 3:26:12 AM permalink
.
Ace would be right if he called a coming bear market a possibility rather than a probability
but it's not a predictable thing
not to me anyway -
I would guess there are some geniuses who have a great record of prediction
I'm a buy and hold guy - trudging thru no matter what - never or rarely paying capital gains taxes
the image shows the history of bull and bear markets
and it's easy to see how much more powerful bull markets are in the long run
a person can get hurt if they need to liquidate a market investment for some personal reason or if they gain an inheritance during a bear market run




.
Last edited by: lilredrooster on Dec 14, 2023
Please don't feed the trolls
odiousgambit
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December 14th, 2023 at 5:46:48 AM permalink
for the well prepared, there is nothing better that ever happens than for the stock market to go into a big swoon

examples of those that may experience the opposite:

*the guy who has mob mentality, buying because the market is up, like now, and panic selling when the market is in that swoon

*the guy who puts all his money into stocks, then retires, needing to withdraw at all times and unable to buy at the right times
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
MDawg
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December 14th, 2023 at 6:50:10 AM permalink
I think what Ace2 did is liquidate a lot of his holdings based on that falling knife, including I believe the last stop was he sold at SPY 385 or so. Then he hoped to buy back at SPY 275 😂, which never happened, so he ended up shut out for good as far as whatever he sold.

Quote: Ace2

SPY is currently at 378. If this turns into a colossal selloff, which is likely, I'd start buying back at 275

40% of my portfolio (down from 90% on Jan-1) is still invested in SPY and I won't be selling more. So if I'm completely wrong and the market rebounds strong/soon, I'm still 40% in and the stuff I sold was for huge long-term gains and within 13% (average) of the market's all-time high.

PS the Dow could drop below 30,000 at any time now, maybe even tomorrow. That's a significant psychological barrier to cross and will generate headlines. Never underestimate the power of market psychology...investors may start panicking. And the brief little sucker rallies, which always occur in the first phase of a crash, may be over
link to original post


That sort of thing, selling yourself short, is somewhat like what I see all the time at casino table games. When things are good people are betting relatively small, then start throwing down like crazy when things are bad, and end up busted. If you don't take advantage of huge stock market gains when able, you'll never get rich off the market, and then when things are bad and you panic sell (as mentioned by me, and odious.g) , you might lose all the relatively petty gains you did manage to hold on to, or at best - sell yourself short over all.

Over all, the best time to buy a stock is when it is rising, versus trying to catch a falling knife. However, I tend to buy on dips for trading, buy whenever I have the extra money regardless of where the stock is at, as far as hodling.

Buffet's mantra of buy when others are fearful sell when others are greedy isn't such a bad idea either, if you are going to sell. What Ace2 did, is sell when others were fearful.
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lilredrooster
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December 14th, 2023 at 7:12:32 AM permalink
Quote: MDawg



Over all, the best time to buy a stock is when it is rising, versus trying to catch a falling knife. However, I tend to buy on dips for trading, buy whenever I have the extra money regardless of where the stock is at, as far as hodling.

link to original post


what you are advocating is timing the market
you might be great at it - I'm not saying that you aren't
I would estimate that about 99% of those who do that underperform compared to if they simply bought and held the S&P 500 index fund thru good times and bad paying zero or only minimal capital gains taxes until they liquidate for other reasons

but there's no fun or excitement in doing that
and fun and excitement is the goal of many who try to time the market
so maybe, for them, it's worth it - even if they would have done better with buy and hold

.
Please don't feed the trolls
MDawg
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December 14th, 2023 at 7:27:47 AM permalink
I believe market timing refers to buying or selling large amounts, even one's entire portfolio, in timing to anticipated or actual movements - this is what Ace2 did. It has to include staying out of the market with whatever was sold for a good period of time.

I don't do that as far as my long term holdings I just buy whenever I have the extra money. And just keep hodling.

Then as far as trading, I trade extra shares, very short term (including day trading) of the same stocks I hold long term. I don't think that is market timing. That is just trading.

You say you gave up gambling, but if you want to try something new that is much easier to win at once you get past the learning curve, than any casino game - try stock trading. Consider that we're back at all time highs for many stocks, if you pick the right stocks and trade them nimbly, most all of the time you'll close the trade at a profit that same day. When you get stuck, typically in a matter of days (rarely, weeks) you'll be back in the green, especially if you have the funds to average in more shares. Worst case scenario you're stuck for some months.

The market is good, it always comes back. Trade for fun and profit!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
lilredrooster
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December 14th, 2023 at 8:31:59 AM permalink
.
the market as a whole has always come back after down periods which are sometimes very long - that is its' history up to now

but every individual stock_________?___________no way - many have collapsed never to return to their heights or have completely disappeared

Mad Money is CNBC's highest rated program drawing about 380,000 nightly viewers featuring the famous stock market picker Jim Cramer

I most definitely will not be going with the various strategies he touts

his poor performance reflects what I generally believe about stock picking and timing the market - I have no issue with people trading for fun

here are some interesting (to me anyway) facts about him from Wiki:


"An August 20, 2007, article in Barron's stated that "his picks haven't beaten the market. Over the past two years, viewers holding Cramer's stocks would be up 12% while the Dow rose 22% and the S&P 500 16%." Cramer was criticized for repeatedly giving erroneous advice during the Financial crisis of 2007–2008. He recommended investing in Bear Stearns, Merrill Lynch, Morgan Stanley, Wachovia, and Lehman Brothers before the stocks fell in value significantly and several went out of business. On August 8, 2008, before the climax of the financial crisis of 2007-2008, Cramer recommended investing in bank stocks.

A February 9, 2009, article in The Wall Street Journal said that betting against Cramer's Buy recommendations using short-term options could yield 25% in a month.

A study by Wharton researchers Jonathan Hartley and Matthew Olson found that in the timeframe of August 2001 to March 2016, Cramer's charitable trust underperformed the S&P 500 primarily as a result of underexposure to market returns in years after the 2008 financial crisis. As of March 31, 2016, Cramer's trust since inception had a cumulative return of 64.5%, whereas the S&P 500 fewer dividends returned 70% during the same timeframe.

On the March 11, 2008, episode of Cramer's show Mad Money, a viewer submitted the question "Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?" Cramer responded "No! No! No! Bear Stearns is not in trouble. If anything, they're more likely to be taken over. Don't move your money from Bear."

An article by author Michael Lewis for Bloomberg News said that TheStreet listed Bear Stearns as a "Buy" at $62 per share on March 11, 2008, which was the same day as the caller's question and a day before the collapse of Bear Stearns

On March 12, 2009, Cramer appeared on The Daily Show with Jon Stewart. Stewart reiterated earlier claims regarding the CNBC host's "silly and/or embarrassing and/or stupid financial observations." Moreover, he said CNBC shirked its journalistic duty by believing corporate lies rather than being an investigative "powerful tool of illumination". Cramer disagreed with Stewart on a few points, but acknowledged that he could have done a better job foreseeing the economic collapse: "We all should have seen it more."


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

.
Last edited by: lilredrooster on Dec 14, 2023
Please don't feed the trolls
OrangePi5
OrangePi5
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December 18th, 2023 at 4:36:18 PM permalink
it is said that Berk-Hath has averaged about 22% a year since the 60s.
as for me and my REITs about 14% since Dec. 2000. There is also 1kg Gold remaining after selling off 500gr. that is free-to-own.

Numbers are 400k for stocks + 65k for Au, based on a 23k initial investment and careful sells with buybacks.

I'm a friend of "take your nickle and go home" investing that I learned in the mid 70s.
90% of the game is 1/2 mental. -- Y. Berra Does idiot free Poker exist?
MDawg
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December 21st, 2023 at 12:03:16 PM permalink
TSLA - other than one year (2022) and even then not all of that year, TSLA has been a momentum stock moving upwards.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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January 7th, 2024 at 8:27:26 AM permalink
Investors lost $195 billion shorting stocks in 2023. Here were the 10 most painful bets.

These were the 10 most painful trades for short sellers in 2023:

Tesla: -$12.2 billion
Nvidia: -$11.2 billion
Apple: -$7.3 billion
Meta Platforms: -$6.6 billion
Microsoft: -$5.6 billion
Amazon: -$4.9 billion
Coinbase Global: -$4.1 billion
Broadcom: -$3.3 billion
Advanced Micro Devices: -$3.2 billion
Palo Alto Networks: -$3.0 billion

Of course short sellers like those had to lose so that those going long like MDawg could win. Anyone who gave up and dumped early helped those buying long on dips too.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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January 24th, 2024 at 2:38:52 PM permalink
TSLA some problems with an earnings miss and weak guidance, but over all tech is quite strong these days.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
billryan
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January 24th, 2024 at 3:08:19 PM permalink
I no longer have any confidence in Elon Musk. While I like Tesla as a company, he is too much of a loose cannon for me to invest in at this stage.
The difference between fiction and reality is that fiction is supposed to make sense.
billryan
billryan
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January 24th, 2024 at 3:15:09 PM permalink
I no longer have any confidence in Elon Musk. While I like Tesla as a company, he is too much of a loose cannon for me to invest in at this stage.
The difference between fiction and reality is that fiction is supposed to make sense.
MDawg
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January 24th, 2024 at 3:16:01 PM permalink
That's what they said about Jeff Bezos every time he switched gears for the company. "He's lost focus - AMZN should stick to selling books."
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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January 31st, 2024 at 6:37:07 AM permalink
ATHs for many stocks including the S&P in general.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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February 5th, 2024 at 6:37:34 AM permalink
Quote: Ace2

My 10-year forecast is for the S&P to be at the same level as it is now, with at least one huge drop in the interim. As a reference, look at the S&P level of 1550 in year 2000. Thirteen years later it was at the same level, with TWO crashes of 50% plus during that period.

You can ignore all of the above if you don’t care about well-established market cycles/valuations/fundamentals.
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Quote: MDawg

Market always recovers. Hold those long terms do not sell! In meantime, there are some great trades coming up daily.
link to original post



And as far as the lamentations and doom and gloom predictions from others about NFLX….

Quote: mcallister3200

As a consumer I don’t really understand why NFLX would recover without a major business model shift or merger.
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Quote: TDVegas

NFLX long position will come back. Try 2028. It’s under $200 now. Google it. ;-)
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Quote: MDawg

I wouldn’t rule NFLX or any of these industry leaders out. NFLX may be down but not for the count.
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Quote: MDawg

And meantime, the stock market is doing just fine and I expect that predictions of long term doom and gloom will be proven wrong.


link to original post

Last edited by: MDawg on Feb 5, 2024
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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February 5th, 2024 at 7:36:22 AM permalink
Quote: Ace2

Better have an exit plan unless you're quite young and don't need your invested money for several decades
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Quote: Ace2

And it might never fully recover in real, inflation adjusted terms
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Quote: bobbartop

Quote: Ace2

Anybody else getting the feeling that the market could start crashing any day now? I mean something much steeper/faster than what we saw the first half of the year. I was originally thinking the real implosion wouldn't start until next year, now I'm thinking before year-end


Ad me to the List. There is no way they can get out of this mess. This is not 1980.
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Quote: MDawg

Don't ever think about selling long term good stocks, instead add.
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Quote: MDawg

Every stock I trade hits a new ATH eventually, so the only way I could lose is by losing patience!
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Quote: SOOPOO

I’m just saying, TAKEN ON ITS OWN, his stock claims are reasonable.
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And proven right about the market in general. Again and again.
Last edited by: MDawg on Feb 5, 2024
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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February 12th, 2024 at 10:48:08 AM permalink
BTC pushing 50K. Nice.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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February 23rd, 2024 at 6:52:42 PM permalink
Let's not forget notwithstanding the other fireworks that have been going off around here that the stock market has been doing well.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
DRich
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February 24th, 2024 at 12:05:23 PM permalink
Quote: MDawg

Let's not forget notwithstanding the other fireworks that have been going off around here that the stock market has been doing well.
link to original post



What fireworks? I do enjoy following different companies earnings calls this time of year.
At my age, a "Life In Prison" sentence is not much of a deterrent.
MDawg
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February 26th, 2024 at 12:30:14 PM permalink
BTC pushing 55K!

Inevitable at this point that it will surpass its ATH (like everything else MDawg holds).
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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February 28th, 2024 at 6:41:54 AM permalink
Now that BTC has jumped past 60K, I'd like to bury the hatchet officially with PokerGrinder. Not that I ever had anything against him anyway.

He and I are so pleased that BTC is on the verge of surpassing its ATH, that petty forum matters, matter not!


The MDawg theory of stocks is that once a stock surpasses its ATH, the sky's the limit! The same applies to any commodity.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
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