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Bought some more on this rebound this afternoon. Seems like this $429-430 bottom is holding up. I suspect there is some correlation with SPY rebound and I am thinking that tax loss selling is abating being last day in Canada. I also largely subscribe to TwoCitiesCapital rational. What got me worried is that Prem is a religious Christian man and such words of intolerance stick to my mind or how can a man believing in that stuff be capable to manage a multiple billion $ company? "Because you believe those stories or beliefs stand on a higher moral ground...that the majority of people don't want to stand on with you, because they think your beliefs are archaic and misogynistic." Cardboard

We have a solid sign of weakness today on IWM. Chart looks right about to reverse. This could be a good hedge on any market weakness. Then we have the FAANGM incapable to break above their highs. Some for 4-6 months. AAPL is the only one about to take it out but, seems extended on latest rally. GOOG had its high more recently. Anyhow seems scary looking. I was amazed to look at some stocks mentioned by Gregmal and to see the volatility, one day doubles, etc. Better be prepared for some air pocket ahead despite remaining constructive on the economy. Cardboard

Managed to pull it off... LMAO Even ELF cannot do as poorly and it is highly illiquid. http://www.stockwatch.com/News/Item?bid=Z-C:FFH-3010875&symbol=FFH&region=C Cardboard

Better start thinking about it. Cardboard

16.) A shitty stock price? Barely dragging itself out from March bottom? Cardboard

Merry Christmas! Cardboard

So useless: WHO chief scientist warns against Covid complacency, says herd immunity unlikely until end-2021 https://www.cnbc.com/2020/12/23/who-some-level-of-herd-immunity-may-be-reached-by-end-2021-.html Why do we need these morons? Unbelievable that tax payers have to pay for so many people to give their opinions and who provide zero cure, zero relief, zero PPE and certainly not any kind of useful guidelines as they screwed up: 1- Calling it a pandemic: was done well after any common mortal knew. 2- Kept telling for a long time that masks were no good. 3- Played around with testing results creating false positives now adjusting which will show vaccines as more effective than they are. Yet we still have a lot of people on this website who you would think should be rational still begging for more of these leeches. More of what I would call fake scientists. Crazy! Unless of course it is the kind of "service" that they provide for a living with fat salaries and pensions to show up to work 35 max hours per week. Watch the incentives as would say Charlie Munger. Yup! Cardboard

All I know is that it appears I made a mistake buying back into that dog after selling it following a nice trading gain. Ever since I saw Prem in public and explaining his Swiss Re reinsurance deal of $1 billion, I had doubts about his integrity. Sounded and behaved like an old car salesman. Defending the indefensible. There are some people that you can listen to and every word makes sense. Not him. Cardboard

As I mentioned in a different thread: it is the bus that you didn't see that hits you. I have a friend in his late 20's who wanted the market to be shutdown in mid-March as losses were pilling up rapidly and daily. I cannot blame him as the sharpness of this sell-off was worst than 2008 and 2000 felt like a walk in the park! 9 nonths later we are at record highs, IPO's double ar the open like it is 1998-1999, VIX is still in the 20's indicating something really messed up in the options market, etc. Looking ahead, the economy is definitely going to improve despite these politicians last hurrah at controlling masses with shutdowns. Last estimates that I saw showed U.S. unemployment at 5% and GDP growth of 4% + in 2021. So we will go back rapidly to full employment which is quite remarkable. A 10% pullback happens almost every year in the stock market while larger drawdowns are more rare. Betting that the latter will occur soon is a loser's game as many here will be able to acknowledge having tried puts and other strategies in the past. One problem that I have is logic and it made me pull my hair more than once. I have finally accepted that the crowd will continue to do their irrational stuff until they finally stop. There was a strategist at Bear Stearns years ago who only asked one question: "Does your company make money? If so then you will be fine." It seemed way too simplistic for the early 20's investor that I was back then. However, it is true. For a long time I thought his saying lacked around "quantity" of earnings but, if a growth stock earns money early on eventually or on average it will earn enough to take care of this issue. Long message but, eventually panic will return. No idea when or why? If you are away from the excesses you will make it through just fine. Cardboard

Stocks fall when the bus that you didn't see hit you or when interest rates rise. Only risks on the horizon IMO are Jan 5 runoff election in Georgia or some geopolitical event: reaction to Russia hack, Brexit, China territorial conquest. So I remain bullish until Jan 5, then I will have cash and/or puts. Cardboard (I like even more signing since it pisses off DooMoron)

Probably in October or something like that. At that point Covid will be a distant memory so I will probably get a tetanus refresh instead. Cardboard

Are you eligible Cwericb? Cardboard

Once Donny and Rudy come back it will improve. Hang on guys! Cardboard

What has hit that dog today? Cardboard

This is the "What are you buying today?" thread. Go argue elsewhere Gibbons. Cardboard