I predict that the S&P 500 will be well under 5,000 by September 30th

Matt Dillon said:
Investing in something that's worthwhile is worthwhile, while investing in something that's not, isn't.
To clarify:
NetFlix is down, Elon is hammering the shit out of them, and from what I've seen that they have been doing, I would never put money on them to promote evil. I messed up with one a while back, forgetting what they did during Covid, but was saved by The Grace of God.
Seriously, but for The Grace of God go I. I done had 15 lives, all kinds of stuff. He gonna call that in someday.
I shouldn't be alive right now. Really. So when whatever it is comes, I will do it.
That's between me and my Creator.
I've had a gun pointed point blank at my forehead twice. I was looking to fight, too. Both times.
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epic statement bro.
 
Phyllis Diller said:
epic statement bro.
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That last thing I invested in..okay so I was taught you find something that's not going out of business that's down, you look at their high points and low points, try to buy at the low point and sell towards the median. You can hold for as long as you want, but..whatever..
This one was down and had pushed the Covid shots a lot and I didn't think about that when I bought it.
Me making profit off of that was nothing short of a miracle! 😆
It never really went back up until they were getting bought out because they suck.
So I made profit, and didn't lose anything. Gotta stick with the original principles now.
If I had thought about it more, never would have put a dime into them.
It doesn't make sense to invest in companies that don't do good, even if it does make a profit. That's what I say.
Don't support ones that don't do good.
The system I was taught is sound, a Jewish investment dude taught us that on a field trip back in the day.
He could make 15% for people all the time. That's how he made his living.
Look at the high and low for all time, make sure they're not going to fold, buy near the low and sell near the middle, that's it. :dunno:
All that puts and calls stuff? That's just gambling.
People can hold and sell near the high, too, but that doesn't happen all the time.
 
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Matt Dillon said:
That last thing I invested in..okay so I was taught you find something that's not going out of business that's down, you look at their high points and low points, try to buy at the low point and sell towards the median. You can hold for as long as you want, but..whatever..
This one was down and had pushed the Covid shots a lot and I didn't think about that when I bought it.
Me making profit off of that was nothing short of a miracle! 😆
It never really went back up until they were getting bought out because they suck.
So I made profit, and didn't lose anything. Gotta stick with the original principles now.
If I had thought about it more, never would have put a dime into them.
It doesn't make sense to invest in companies that don't do good, even if it does make a profit. That's what I say.
Don't support ones that don't do good.
The system I was taught is sound, a Jewish investment dude taught us that on a field trip back in the day.
He could make 15% for people all the time. That's how he made his living.
Look at the high and low for all time, make sure they're not going to fold, buy near the low and sell near the middle, that's it. :dunno:
All that puts and calls stuff? That's just gambling.
People can hold and sell near the high, too, but that doesn't happen all the time.
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this is a reasonable approach, for the dumb money.

how can we stop insider trading?

seems impossible really.
 
Phyllis Diller said:
this is a reasonable approach, for the dumb money.

how can we stop insider trading?

seems impossible really.
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Make it illegal for Congress to do it. It used to be, but during Reagan's 2nd term they voted themselves The Lords of America.
Congress, that is. :(
They declared The People to be serfs when they did that. In America.
Not supposed to be like that, at all. :nono:
They can invest in a company, then vote the company's way by law and make profit. That's wrong.
It's fascistic.
 
Matt Dillon said:
Make it illegal for Congress to do it. It used to be, but during Reagan's 2nd term they voted themselves The Lords of America.
Congress, that is. :(
They declared The People to be serfs when they did that. In America.
Not supposed to be like that, at all. :nono:
They can invest in a company, then vote the company's way by law and make profit. That's wrong.
It's fascistic.
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yep.
 
IBDaMann said:
Too funny! It's always hilarious when dumbshits feel compelled to comment on topics of which they know nothing in a desperate attempt to fool others into thinking they're oh tho thmart and withe in their mindless panic.

Empty shelves! Trade war! Tariff tsunami! You can't make this shit up.
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That's the gloom and doom the media is trying to whip up.
I should watch "Meet The Press" today to see what they're cooking up for the week. :awesome:
Call it "Opposition Research" if you will..
 
IBDaMann said:
Too funny! It's always hilarious when dumbshits feel compelled to comment on topics of which they know nothing in a desperate attempt to fool others into thinking they're oh tho thmart and withe in their mindless panic.

Empty shelves! Trade war! Tariff tsunami! You can't make this shit up.
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You should correct spelling errors before talking about other’s “thmart” 🤣
 
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