Mdawgs Investments
November 18th, 2024 at 1:49:45 PM
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I’m just trading additional shares of stocks I already hold long term. And yes correct as B.Ryan alludes only under the most catastrophic of conditions would even 20% of the funds be tied up (in a paper loss) and even then probably only for a matter of at most weeks.
The proof that the trades I make are quite low risk is that for the vast majority of them the 2 - 5 points I clip end up being a - having sold myself short situation - to the tune of leaving usually around 10 points on the table that same day or within another day.
I don’t get greedy on my trades. My long term holds sate my avarice.
It’s just extra money and something to do.
The proof that the trades I make are quite low risk is that for the vast majority of them the 2 - 5 points I clip end up being a - having sold myself short situation - to the tune of leaving usually around 10 points on the table that same day or within another day.
I don’t get greedy on my trades. My long term holds sate my avarice.
It’s just extra money and something to do.
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/
November 18th, 2024 at 2:29:06 PM
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Quote: billryanQuote: DRichQuote: MDawgSpirit having some trouble.
Spirit Airlines files for bankruptcy as financial losses pile up
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They have been having lots of trouble since the pandemic. When their Jetblue and Frontier partnerships fizzled the writing was on the wall.
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It is the worst airline I have ever dealt with. I won't miss them, although I have friends who swear by them.
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I have probably flown Spirit close to 50 times. They don't seem any worse than the other airlines to me.
You can't know everything, but you can know anything.
November 18th, 2024 at 4:56:51 PM
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Quote: DRichQuote: billryanQuote: DRichQuote: MDawgSpirit having some trouble.
Spirit Airlines files for bankruptcy as financial losses pile up
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They have been having lots of trouble since the pandemic. When their Jetblue and Frontier partnerships fizzled the writing was on the wall.
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It is the worst airline I have ever dealt with. I won't miss them, although I have friends who swear by them.
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I have probably flown Spirit close to 50 times. They don't seem any worse than the other airlines to me.
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I have friends that swear by them, but I had two horrible dealings with them, followed by a form letter response to my complaint.
I'm a big guy. I flew them from NY to Vegas and booked a stopover in Chicago. Our half-empty plane gets to Chicago, the Captain
says that the plane can't go on, and we have to switch planes. As I got in line for the new plane, a SW employee approached me and asked me to step out of line. She tells me airline policy was anyone my size must buy a second ticket. That set off an unexpected turn of events.
The older I get, the better I recall things that never happened
November 18th, 2024 at 7:47:46 PM
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Quote: tuttigymQuote: MDawgSpeaking of trades, NFLX 813 to 815 was the first trade of the day for me today. I didn't get the low, or the high, but two grand is two grand.
Cha'ching!
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So. let me get this straight, you wagered/paid $813k to make $2k which actually nets you about $1k after short term fed and state taxes? Well, someone has to support our respective govts. Why not you?
tuttigym
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Think of it as he USED $813k to make $2k. And that may have been for a few minutes or an hour or two. I always laugh when someone (MDawg here) makes some $$ from doing close to nothing and someone else (tuttigym here) makes fun of him because he has to pay taxes on what he made!
Every time I make $2k for pushing a few buttons on my phone it’s a good day.
November 18th, 2024 at 8:40:50 PM
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My neighbor in Bisbee stopped renting his guesthouse for $800 a month when Cochise County imposed a one-time $100 registration fee and a $25 permit fee for rental properties. He didn't want to share any income with the county, so he left it vacant, and it became infested with packrats.
The older I get, the better I recall things that never happened
November 18th, 2024 at 9:07:47 PM
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Choose your own adventure.
Path A leads to a payday, but you'll owe 35% of your winnings.
Path B goes nowhere, but you get to keep it all.
Path A leads to a payday, but you'll owe 35% of your winnings.
Path B goes nowhere, but you get to keep it all.
The older I get, the better I recall things that never happened
November 19th, 2024 at 5:01:12 AM
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I actually did another trade yesterday with TSLA (as usual, extra shares on top of long term shares I hold) - and "risked" 😅 $331,000. there too. I should have held that one longer too, it was good for over fifteen grand, but I just took the small profit (in that case - I actually clipped the trade at just 1 pt, I entered the sell at 332 in as soon as I got the buy fill).
I am as it happens quite good at getting near the bottom on dip days on these stocks I trade. Selling at the top - not so much, I take the safe 2 - 5 points and move on, and in yesterday's second trade, only 1 pt.!
I am as it happens quite good at getting near the bottom on dip days on these stocks I trade. Selling at the top - not so much, I take the safe 2 - 5 points and move on, and in yesterday's second trade, only 1 pt.!
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/
November 19th, 2024 at 6:17:35 AM
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A peek into the MDawg thought process on days when I trade.
Here,
I'm tracking some of the stocks I own and lately I tend to trade additional shares of NVDA, NFLX, TSLA the most.
Looking at TSLA I see it at 334, so in the back of my mind is the 331 I pegged yesterday for a long trade. I don't know yet which way it is going to go at the bell, but it is down right now, some profit taking from yesterday's runup, and its massive runup in general lately.
NVDA reports tomorrow, seems to be holding. If it dips enough today or tomorrow will do a trade on it.
NFLX ended up going up a lot more than I expected yesterday - people shrugged off the streaming issues from that Tyson fight.
I try to avoid a pre-market buy or trade, but I have done it. It tends to be like gambling, not knowing which way it will go at the bell, I like to see some definite patterns before I jump in on a day trade. I might lose out on some great potential trades, but I also avoid getting stuck on a straight hunch.
I don't trade every day. If I see what I view as an obvious money making opportunity, I jump in. If not, I don't trade at all that day.
I'm always doing something else while all this is going on. I leave my tracking software open, on my phone, MacBook Pro, iPad Pro or iMac Pro (or more than one of these) during market hours.
Tomorrow, with NVDA reporting, if I don't do a trade before the bell, I will be watching it to jump in on either a long or a short against the box depending on which way it goes - if it tanks, I'll wait for what I believe is the bottom and go long. If it jumps, I'll wait for it go really high and go short against the box. Short against the box means - short when I already hold shares long.
In general, I rarely short though, but if I think the stock has run as far as it is going to go for that day or moment, I'll clip a couple points off.
Here,
I'm tracking some of the stocks I own and lately I tend to trade additional shares of NVDA, NFLX, TSLA the most.
Looking at TSLA I see it at 334, so in the back of my mind is the 331 I pegged yesterday for a long trade. I don't know yet which way it is going to go at the bell, but it is down right now, some profit taking from yesterday's runup, and its massive runup in general lately.
NVDA reports tomorrow, seems to be holding. If it dips enough today or tomorrow will do a trade on it.
NFLX ended up going up a lot more than I expected yesterday - people shrugged off the streaming issues from that Tyson fight.
I try to avoid a pre-market buy or trade, but I have done it. It tends to be like gambling, not knowing which way it will go at the bell, I like to see some definite patterns before I jump in on a day trade. I might lose out on some great potential trades, but I also avoid getting stuck on a straight hunch.
I don't trade every day. If I see what I view as an obvious money making opportunity, I jump in. If not, I don't trade at all that day.
I'm always doing something else while all this is going on. I leave my tracking software open, on my phone, MacBook Pro, iPad Pro or iMac Pro (or more than one of these) during market hours.
Tomorrow, with NVDA reporting, if I don't do a trade before the bell, I will be watching it to jump in on either a long or a short against the box depending on which way it goes - if it tanks, I'll wait for what I believe is the bottom and go long. If it jumps, I'll wait for it go really high and go short against the box. Short against the box means - short when I already hold shares long.
In general, I rarely short though, but if I think the stock has run as far as it is going to go for that day or moment, I'll clip a couple points off.
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/
November 19th, 2024 at 6:36:12 AM
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The pattern I see emerging is to take a stab at TSLA long if it drops below 330. Ideally, 328. If it does not, oh well, maybe no trade on that one today.
I don't see much else at the moment trade wise on my stocks that I track closely. I don't want to short anything.
I don't see much else at the moment trade wise on my stocks that I track closely. I don't want to short anything.
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/
November 20th, 2024 at 6:43:08 AM
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NVDA dropping off. Reports after the bell today.
The drop really has nothing to do with anything, no one other than the earnings gods and NVDA insiders know what will be reported.
The drop really has nothing to do with anything, no one other than the earnings gods and NVDA insiders know what will be reported.
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/
November 20th, 2024 at 1:36:13 PM
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NVDA dropped due to not beating by much if any.
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/
November 20th, 2024 at 2:44:01 PM
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Quote: MDawgNVDA dropped due to not beating by much if any.
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It dropped less than one percent, which is not bad considering the newest chips aren't working well together.
The older I get, the better I recall things that never happened
November 21st, 2024 at 3:49:44 AM
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Well there are two ways it could go today.
One is to drop below the 138 or so that it hit at the bottom in the AH yesterday. The other is that people shrug it off and take it green today.
At the moment, down -2.5
One is to drop below the 138 or so that it hit at the bottom in the AH yesterday. The other is that people shrug it off and take it green today.
At the moment, down -2.5
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/
November 23rd, 2024 at 6:17:45 AM
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Quote: vegasYou should only sell if you need the money. 100K will seem cheap soon.
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I decided I will wait for most of what I have.
However I’m selling 10 at a little above $100K just so that I may be a BTC Millionaire in fiat not just on paper.
They did start issuing 1099s for crypto related transactions a couple years ago. I got one for all the interest they paid me starting for the year 2022. I tried to argue with them that I didn’t even convert it to fiat and that the mandatory reporting wasn’t supposed to start until year 2023 but they would not amend the 1099.
From what I understand the 1099 on the sale issued will assume a basis cost of 0 and it will be up to me to prove the basis was higher, which of course it was but for a lot of my btc, not a whole lot higher compared to where btc is at today. My highest basis for btc received from clients was around $30K I suppose I could claim that as part of this first sale transaction.
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/
November 23rd, 2024 at 7:13:28 PM
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I will keep my bitcoin. However I have a lot of Chainlink and will sell it probably mid 2025 whenever crypto goes bearish. The alts could drop 60-90% during that time. I will rebuy at a lower price and repeat. I also have solano and probably do the same. Right now Chainlink and Solano are moving and my profits are unreal.
I just don't want to hold the alts when they crash so will take profits when I see the downturn. Link and solano could be up 500% by mid 2025. Right now life is great!
I just don't want to hold the alts when they crash so will take profits when I see the downturn. Link and solano could be up 500% by mid 2025. Right now life is great!
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
November 26th, 2024 at 5:34:15 AM
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Bot some extra shares NVDA @ 136 in the AH yesterday had not seen it that low in a while.
It is above that already in the pre.
It is above that already in the pre.
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/
December 4th, 2024 at 9:23:15 PM
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Quote: MDawgQuote: vegasYou should only sell if you need the money. 100K will seem cheap soon.
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I decided I will wait for most of what I have.
However I’m selling 10 at a little above $100K just so that I may be a BTC Millionaire in fiat not just on paper.
They did start issuing 1099s for crypto related transactions a couple years ago. I got one for all the interest they paid me starting for the year 2022. I tried to argue with them that I didn’t even convert it to fiat and that the mandatory reporting wasn’t supposed to start until year 2023 but they would not amend the 1099.
From what I understand the 1099 on the sale issued will assume a basis cost of 0 and it will be up to me to prove the basis was higher, which of course it was but for a lot of my btc, not a whole lot higher compared to where btc is at today. My highest basis for btc received from clients was around $30K I suppose I could claim that as part of this first sale transaction.
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10 sold! Officially a BTC millionaire in fiat not just paper. They snagged a bit over 1% on the bid-ask spread though.
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/
December 5th, 2024 at 6:13:17 AM
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It's a shame a million dollars ain't what it used to be. Dale Carnegie bought his house in Forest Hills on Millionaires Row in the mid-20s for $27,000. Today, it would go for about four million. My Grandmother paid $32,000 for her house in 1965. We sold it as is in 2019 for $850,000, and after rehab, it was listed as $1,200,000 and sold in a week.
Last year, my Godson was the first in my family to buy a million-dollar house, and it isn't nearly as nice as I'd imagined.
Last year, my Godson was the first in my family to buy a million-dollar house, and it isn't nearly as nice as I'd imagined.
The older I get, the better I recall things that never happened
December 5th, 2024 at 6:30:14 AM
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This is especially true in southern California.
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/
January 14th, 2025 at 5:35:47 AM
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Lot of volatility lately which translates to good trading opps.
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/
January 22nd, 2025 at 7:39:02 AM
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NFLX roars! Translates to a long term holding major Cha'ching!
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/
January 22nd, 2025 at 7:45:23 AM
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Quote: MDawgNFLX roars! Translates to a long term holding major Cha'ching!
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I believe they announced yesterday that they are raising prices so that might explain some of it.
You can't know everything, but you can know anything.
January 22nd, 2025 at 8:18:01 AM
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Earnings pop yes.
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/
January 22nd, 2025 at 9:47:31 AM
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My one successful stock purchase Shift4 (FOUR) has hit an all time high today. Of course it did because I sold 40% of my holding on Friday. I sell less than one stock a year and pick the wrong time to sell again.
You can't know everything, but you can know anything.
January 22nd, 2025 at 10:00:18 AM
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Quote: DRichQuote: MDawgNFLX roars! Translates to a long term holding major Cha'ching!
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I believe they announced yesterday that they are raising prices so that might explain some of it.
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Netflix is offering a cheaper membership with advertising. Advertisers are flocking in as Netflex's numbers are robust, and they just added Raw. Investors are happy, but they are pushing it with the number of ads. If too many subscribers upgrade to avoid ads, they'll lose the ad revenues. You have to love the short-term momentum.
The older I get, the better I recall things that never happened
January 22nd, 2025 at 10:11:25 AM
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Quote: DRichMy one successful stock purchase Shift4 (FOUR) has hit an all time high today. Of course it did because I sold 40% of my holding on Friday. I sell less than one stock a year and pick the wrong time to sell again.
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Assuming you had it for a year or more, you did well. Were you happy with the sale when you did it?
It's happened to me. I made a boatload of money from my initial Tesla investment but sold in the 300s as it went on to triple in value. So it goes.
The older I get, the better I recall things that never happened
January 22nd, 2025 at 10:20:25 AM
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Quote: billryanQuote: DRichMy one successful stock purchase Shift4 (FOUR) has hit an all time high today. Of course it did because I sold 40% of my holding on Friday. I sell less than one stock a year and pick the wrong time to sell again.
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Assuming you had it for a year or more, you did well. Were you happy with the sale when you did it?
It's happened to me. I made a boatload of money from my initial Tesla investment but sold in the 300s as it went on to triple in value. So it goes.
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I am not upset at all just frustrated that two days after I sell it hits an all time high. I owned the shares for about two years. Fortunately, I only sold 40%.
You can't know everything, but you can know anything.
January 22nd, 2025 at 12:35:13 PM
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Be happy with a nice two bagger.
The older I get, the better I recall things that never happened
January 22nd, 2025 at 7:07:28 PM
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Quote: MDawgEarnings pop yes.
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As is sometimes the case, the stock was highest in the pre-, peaked at the open, and went down from there. So, most anyone trading it long today (I did not), got stuck, at least for now.
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/
February 12th, 2025 at 9:54:05 AM
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Loaded up on TSLA for a trade yesterday at 330. Cha’Ching and proof that an intended day trade turned into a swing may make more than intended all that is needed sometimes is a little patience.
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/
February 12th, 2025 at 11:19:33 AM
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Could be as much as a 349 close.
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/
February 12th, 2025 at 3:38:46 PM
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Quote: MDawgLoaded up on TSLA for a trade yesterday at 330. Cha’Ching and proof that an intended day trade turned into a swing may make more than intended all that is needed sometimes is a little patience.
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Why is it that you always seem to tell use afterward? If you want credibility post your trade immediately after you make it and then brag the next day or week after it goes up. I have lots of friends that tell me about their winning sports bets after they have won, with them I am skeptical because they rarely admit having a loser.
You can't know everything, but you can know anything.
February 12th, 2025 at 3:55:50 PM
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Quote: DRichQuote: MDawgLoaded up on TSLA for a trade yesterday at 330. Cha’Ching and proof that an intended day trade turned into a swing may make more than intended all that is needed sometimes is a little patience.
link to original post
Why is it that you always seem to tell use afterward? If you want credibility post your trade immediately after you make it and then brag the next day or week after it goes up. I have lots of friends that tell me about their winning sports bets after they have won, with them I am skeptical because they rarely admit having a loser.
link to original post
No need to argue or give away your positions/bets while they are still in play. Instead, hash!
This is the SHA-256 hash of a statement of which the admins would not approve: e7e507767459a8abf6de74c5ae9704ce4e5244f80c827046da811c8af26ed732
There is no way to reverse that to determine what I said, but if I told you what I said, you could run it through a SHA-256 hash generator. So I can prove what I said and when I said it, but without telling anyone what it was at the time.
It's especially useful on a forum that does not allow insults and profanity, as you can blackguard, blaspheme, bastinado, and billingsgate your counterparty and simply post the hash. There, now you've said it. If someone really wants to know what you said, you can make an arrangement to tell them privately. Perhaps in person, with pistols or swords.
https://hash-generator.com/
February 12th, 2025 at 4:39:52 PM
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Sometimes I have the time to post what I am doing as I am doing, sometimes I don't.
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/
February 13th, 2025 at 7:21:10 AM
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Quote: MDawgLoaded up on TSLA for a trade yesterday at 330. Cha’Ching and proof that an intended day trade turned into a swing may make more than intended all that is needed sometimes is a little patience.
link to original post
Sell order in GTC since yesterday for those shares at 361 to close out this trade.
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/
February 15th, 2025 at 3:50:11 PM
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361 was filled Friday. Cha’Ching!
I’d say higher will be hit maybe as soon as Monday.
Friday’s TSLA action reflected buying all dips pretty well.
I’d say higher will be hit maybe as soon as Monday.
Friday’s TSLA action reflected buying all dips pretty 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/
February 26th, 2025 at 12:02:04 PM
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Quote: MDawgQuote: MDawgQuote: vegasYou should only sell if you need the money. 100K will seem cheap soon.
link to original post
I decided I will wait for most of what I have.
However I’m selling 10 at a little above $100K just so that I may be a BTC Millionaire in fiat not just on paper.
They did start issuing 1099s for crypto related transactions a couple years ago. I got one for all the interest they paid me starting for the year 2022. I tried to argue with them that I didn’t even convert it to fiat and that the mandatory reporting wasn’t supposed to start until year 2023 but they would not amend the 1099.
From what I understand the 1099 on the sale issued will assume a basis cost of 0 and it will be up to me to prove the basis was higher, which of course it was but for a lot of my btc, not a whole lot higher compared to where btc is at today. My highest basis for btc received from clients was around $30K I suppose I could claim that as part of this first sale transaction.
link to original post
10 sold! Officially a BTC millionaire in fiat not just paper. They snagged a bit over 1% on the bid-ask spread though.
link to original post
Now 83K. I’d have thought that 88 would be about the lowest it would hit anytime soon.
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/
February 26th, 2025 at 4:34:53 PM
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Quote: MDawgQuote: MDawgQuote: MDawgQuote: vegasYou should only sell if you need the money. 100K will seem cheap soon.
link to original post
I decided I will wait for most of what I have.
However I’m selling 10 at a little above $100K just so that I may be a BTC Millionaire in fiat not just on paper.
They did start issuing 1099s for crypto related transactions a couple years ago. I got one for all the interest they paid me starting for the year 2022. I tried to argue with them that I didn’t even convert it to fiat and that the mandatory reporting wasn’t supposed to start until year 2023 but they would not amend the 1099.
From what I understand the 1099 on the sale issued will assume a basis cost of 0 and it will be up to me to prove the basis was higher, which of course it was but for a lot of my btc, not a whole lot higher compared to where btc is at today. My highest basis for btc received from clients was around $30K I suppose I could claim that as part of this first sale transaction.
link to original post
10 sold! Officially a BTC millionaire in fiat not just paper. They snagged a bit over 1% on the bid-ask spread though.
link to original post
Now 83K. I’d have thought that 88 would be about the lowest it would hit anytime soon.
link to original post
I'm a buyer at <17K
The older I get, the better I recall things that never happened
April 3rd, 2025 at 2:51:53 PM
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Haven’t seen tariffs like these in 100 years.
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/
April 4th, 2025 at 4:52:36 AM
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To an arsonist, raging uncontrollable fires are a good thing.
For Whom the bus tolls; The bus tolls for thee
April 4th, 2025 at 12:52:22 PM
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Yes, the markets didn't price in this level of tariffs. So, we are now lower for the stocks I care about, than November 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/
April 4th, 2025 at 2:13:29 PM
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There is a theory that the market crashed so people would flee it and rush to treasuries, causing the interest rate to fall
The older I get, the better I recall things that never happened
April 4th, 2025 at 2:40:38 PM
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I think it's based simply on, if they impose tariffs on us, we should impose reciprocal tariffs on them.
But the economy has been fine all these years without reciprocal tariffs, and I don't think it will improve if the tariffs are left place.
Seems that China never had the same level of tariffs on us.
China retaliates against Trump in trade war with 34% tariffs on US imports
“On April 2, 2025, the US government announced the imposition of ‘reciprocal tariffs’ on Chinese goods exported to the US. This practice of the US is not in line with international trade rules, seriously undermines China’s legitimate rights and interests, and is a typical unilateral bullying practice.”
But they now do.
I've been involved in the past with businesses that import from China and even where there are tariffs and quotas there are ways to "buy" the quota and get around them, so there may be ways to get past these new tariffs too.
Just as a small example, before the Pandemic at one of our homes we installed balcony railing on a large deck and the posts were all aluminum, and I had to deal with tariffs on aluminum extrusions produced in China, but there were ways to get around or reduce most of the tariffs by declaring that the products were this or that composition, or in this or that state of assembly or sub-assembly.
But the economy has been fine all these years without reciprocal tariffs, and I don't think it will improve if the tariffs are left place.
Seems that China never had the same level of tariffs on us.
China retaliates against Trump in trade war with 34% tariffs on US imports
“On April 2, 2025, the US government announced the imposition of ‘reciprocal tariffs’ on Chinese goods exported to the US. This practice of the US is not in line with international trade rules, seriously undermines China’s legitimate rights and interests, and is a typical unilateral bullying practice.”
But they now do.
I've been involved in the past with businesses that import from China and even where there are tariffs and quotas there are ways to "buy" the quota and get around them, so there may be ways to get past these new tariffs too.
Just as a small example, before the Pandemic at one of our homes we installed balcony railing on a large deck and the posts were all aluminum, and I had to deal with tariffs on aluminum extrusions produced in China, but there were ways to get around or reduce most of the tariffs by declaring that the products were this or that composition, or in this or that state of assembly or sub-assembly.
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/
April 5th, 2025 at 2:52:12 AM
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It's always been fairly easy to game customs forms, as the agencies were always focused on smuggling and didn't push duty enforcement. Now, I think the pendulum has swung and enforcement is the name of the game. Trump's suspension of the waiver on items costing under $800 will crush the system and overwhelm the reduced workforce. Temu, alone, sends 40,000 packages a day that are no longer exempt from customs duty.
The older I get, the better I recall things that never happened
April 5th, 2025 at 2:52:49 AM
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It's always been fairly easy to game customs forms, as the agencies were always focused on smuggling and didn't push duty enforcement. Now, I think the pendulum has swung and enforcement is the name of the game. Trump's suspension of the waiver on items costing under $800 will crush the system and overwhelm the reduced workforce. Temu, alone, sends 40,000 packages a day that are no longer exempt from customs duty.
The older I get, the better I recall things that never happened
April 8th, 2025 at 9:22:20 AM
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I made deng today trading, but gotta be nimble! Vast majority got caught in bull traps!
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/
April 8th, 2025 at 1:18:35 PM
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Quote: OnceDearI think it's a dead cat bounce
link to original post
That's my goombah getting it right!
Dow tumbles more than 300 points Tuesday as tariff-induced sell-off resumes
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/
April 9th, 2025 at 7:38:05 AM
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Pretty obvious that's all there was to it, today. Buy at the bell, sell anywhere on the pop. Cha'ching!
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/
April 9th, 2025 at 10:39:17 AM
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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/
April 15th, 2025 at 12:36:30 PM
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Elaine Wynn. R.I.P.
I actually knew her, because I hold a large amount of Wynn stock and when she and her husband were fighting for control of the company I called in to proxy all my shares to her side, and her attorney transferred me to talk to her directly. Then I met her a few times at social events, including at the Resorts World VIP opening, and she remembered me.
Weinberg eventually did get the boot, and Elaine did take over.
I actually knew her, because I hold a large amount of Wynn stock and when she and her husband were fighting for control of the company I called in to proxy all my shares to her side, and her attorney transferred me to talk to her directly. Then I met her a few times at social events, including at the Resorts World VIP opening, and she remembered me.
Weinberg eventually did get the boot, and Elaine did take over.
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/
