Down goes the Dow

Trbcx up exactly 7% over 2 days.

It still has a long way to go.

In truth, I would like to see a serious leg down, to maybe -20% S&P.

Oops, 7.3%

Whatever. Futures sliding a bit, but each day seems like a whole new ballgame.

Maser wrote:

... Futures sliding a bit, but each day seems like a whole new ballgame.

To early to tell what futures will do and -0.33% is essentially flat relative to how much everything has been bouncing around lately.

Maser wrote:

la gente esta muy loca wrote:

Was trading at 5 cents sometime during the day after opening at 50 cents; went up to $2.25. Now if Maser had traded this you know he would have bought at .05 and sold at $2.25.

Back to watching the grandkids, their movie is just about over.

Just like I admitted to selling btc at under 39k? Just like I admitted to losing money on my second block of miners over a year ago?

Get real gente. You’re better than this.

Nolo contendere; and I thought you were a pachyderm.

schwedde wrote:

Ghost of Igloi wrote:

Old Guys = backed by five thousand years of financial history

Youthful Naive Guys = backed by five years of the greatest financial bubble in history

Who needs the luck?

Everyone is backed by all of financial history, not just old guys. Though I’m not sure how much of that is relevant to crypto.

I hope everyone here in crypto makes a ton of money. That said, it seems like so much nonsense, and such a stupid bubble. Look at the inefficient Bitcoin “mining” transaction verification mechanism. Totally insane, environmental or otherwise. It seems a real stretch for this ever to be legitimate, let alone rational in any sense of the word.

Honestly I didn't know boomers followed Twitter so much. I'm a millennial and never bothered to read it.

investing noob wrote:

Honestly I didn't know boomers followed Twitter so much. I'm a millennial and never bothered to read it.

Well if you really believe you are changing the world with crypto you don’t need Twitter, or a brain for that matter (Boomer or Millennial).

Igy, are you still holding SARK? I think I might cut if ARKK is green tomorrow. I'm still up 18% but got greedy after being up 30%+ last week.

I trade in and out of it. Sold some in the morning, bought some back at the close. General belief is the bear market has started and will get worse over the next 18-24 months. Unlikely to go in a straight line though.

Ghost of Igloi wrote:

I trade in and out of it. Sold some in the morning, bought some back at the close. General belief is the bear market has started and will get worse over the next 18-24 months. Unlikely to go in a straight line though.

I figured this is a bear rally. I'll reenter if ARKK pumps near 100 again.

Just two out of eight indexes on our world watch list posted gains through January 31, 2022. The top performer is Hong Kong's Hang Seng with a YTD gain of 1.73%. London's FTSE 100 is in second with a gain of 1.08%, and India's BSE SENSEX is in third with a loss of 0.41%. Coming in last is Shanghai's SSE with a loss of 7.65%.

https://www.advisorperspectives.com/dshort/updates/2022/01/31/world-markets-update-january-31-2022?utm_source=boomtrain&utm_medium=email&utm_campaign&utm_content&utm_term&bt_ee=h0wiz%2FxcxHijMP1nQB2zbTvqVqgFacYcKjriZ2HSSdkTq6rR1TOfAdfQPA5kxKjJ&bt_ts=1643723473581

investing noob wrote:

Honestly I didn't know boomers followed Twitter so much. I'm a millennial and never bothered to read it.

It's like Facebook. 75% fake accounts, 25% boomers

investing noob wrote:

2021 realized crypto gains $1700

2022 unrealized crypto gains -$13,000 LoL

All good though. You’ve had the nice gains from SARK!

There is your answer on T, Maserati:

https://www.zerohedge.com/markets/att-slides-after-slashing-dividend-unveiling-warner-media-spinoff

My crypto portfolio went from -18k to -10.8k in a day. Crypto is so wild! At the peak, I was up over 30k.

For some reason, crypto swings don't bother me as much as stock swings.

Prof. Racket wrote:

investing noob wrote:

Honestly I didn't know boomers followed Twitter so much. I'm a millennial and never bothered to read it.

It's like Facebook. 75% fake accounts, 25% boomers

Similar to Instagram, 75% fake boobs, 65% fake faces, 90% fake narratives, 85% Millennials

Sold 50 SARK for 20% gains. Got greedy last week when it was over 30%. Still have 150 left. Might dump it all today and reenter when ARKK pumps to 90-100 again.

Ghost of Igloi wrote:

There is your answer on T, Maserati:

https://www.zerohedge.com/markets/att-slides-after-slashing-dividend-unveiling-warner-media-spinoff

I haven’t bought T, and honestly wouldn’t go near it. Not because of the debt load. In fact like one guy in those comments said, they might decrease the div to divert more $ to buybacks, which might make T a good short-term buy if true.

I have been going after foreign holdings. I failed to pull the trigger on a bunch of Canadian stocks yesterday, hoping today might be a better opportunity.

Not.

They are all up, some vexingly so, esp some pipeline operators. Fail. I will continue to wait.