new record for Dow Jones

It's back now Waco, but only on phone, not on computer. And it's easily readable.


You commented something about trades being for 30 shares of VIAC ? The brokerage account record shows several round trips of 1,000 shares of VIAC......at $ 30 per share range. That would be $ 30,000 each round trip.


I have the trade record from this morning. I could post that, but for what ? For you to say it didn't happen ?


If you want to keep at it, go ahead.

Why are you guys even wasting your time with this silly back and forth bullshit? Maybe, I'm just weird, but I could give a flying fuck how much someone profits or doesn't profit in the stock market. I only care about my own money. Other people's money is completely irrelevant to me unless they owe me.

Anyway, good to see the market not in the red today unlike the vast majority of this new year.

Why are you guys even wasting your time with this silly back and forth bullshit? Maybe, I'm just weird, but I could give a flying fuck how much someone profits or doesn't profit in the stock market. I only care about my own money. Other people's money is completely irrelevant to me unless they owe me.

Anyway, good to see the market not in the red today unlike the vast majority of this new year. Originally Posted by Lucas McCain

amen

It's not about the money

It's back now Waco, but only on phone, not on computer. And it's easily readable.


You commented something about trades being for 30 shares of VIAC ? The brokerage account record shows several round trips of 1,000 shares of VIAC......at $ 30 per share range. That would be $ 30,000 each round trip.


I have the trade record from this morning. I could post that, but for what ? For you to say it didn't happen ?


If you want to keep at it, go ahead. Originally Posted by VitaMan

you just made my point. you could blow that image up 500% and it's still unreadable. i did. still crap. so post it here again. or something else mr wizard day trader. let's see if you'll actually post something legible that shows what you claim.



do this .. you go back in your trading account's history and show me real proof you became independently wealthy on Apple or anything else and show your profit .. prove it and if it adds up i'll consider taking your bet. until then, you just spitting in the internet wind.







BAAAHHAAAAAAA

You're useless Waco. It's easily readable and you know it. You're just acting dumb and talking about 30 shares traded. You can easily see it was 1,000.



I have the Apple trade record from when they divided their shares into voting and non voting shares. I could post it. But what will you say ? You will say.....I can't read it....the brokerage record must be fake....it can't be real.


29% return on Friday

You're useless Waco. It's easily readable and you know it. You're just acting dumb and talking about 30 shares traded. You can easily see it was 1,000.



I have the Apple trade record from when they divided their shares into voting and non voting shares. I could post it. But what will you say ? You will say.....I can't read it....the brokerage record must be fake....it can't be real.


29% return on Friday Originally Posted by VitaMan

if you say so

...


I have the Apple trade record from when they divided their shares into voting and non voting shares. I could post it. But what will you say ? You will say.....I can't read it....the brokerage record must be fake....it can't be real.


29% return on Friday Originally Posted by VitaMan

Alot of people who brag on here ass can't cash a check their mouth wrote.

Like a Social, I suggested one way to prove who walks the walk and who just has mouth diahrea (sp). One wonders why they'd turn down $$$ if y'all wager who speaks the truth.

This conversation has lost any usefulness.

This conversation has lost any usefulness. Originally Posted by VitaMan

Well, you do have a point!

But perhaps I can make a couple of useful points about markets and how to view them at this time.

Going way back to post #174:

BTW: Great info in the options thingy. But, uhm, how you feeling about the markets at the moment, leastwise the the last 2-20 days anyway? Clearly Brandon and the Fed have a handle on it. Right? Well... first time to be right about anything for Brandon would be right about now... Originally Posted by Why_Yes_I_Do

I assume this was meant for me, being that your post immediately followed this one: https://eccie.net/showpost.php?p=106...&postcount=173

I'm reminded of a comment made by Buffett (and quoting Benjamin Graham from way back):

"In the short run the market is a voting machine, but in the long run it's a weighing machine."

Markets can climb the proverbial "wall of worry" for a longer period than people think, but right now I think the downside risk outweighs the upside potential.

In the short term, the Fed is likely to aggressively lean into inflation just as the effects of the fiscal surges wind down in late 2022 going into 2023. I won't be a bit surprised if they begin implementing a tightening cycle and then reverse course. (Remember, that happened in 2019 as concerns arose that the economy was decelerating.)

Here is a piece that just came out, arguing that we should have jettisoned any semblance of Humphrey-Hawkins long ago. (I agree!)

https://www.theinstitutionalriskanal...mphrey-hawkins

Among other things, the author makes the key point that one investor he knows muses that policy "normalization" might whack at least 25% off current equity values, but is OK with that as he deems it necessary in order to return to monetary system health and sustainability.

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Although it was noted earlier that they can be useful hedging vehicles under a number of circumstances, the last thing that ought to be a core strategy for amateur traders and speculators with little net worth to risk is playing around with call and put options. If you enjoy a little gaming here and there and your long-term retirement is well-secured, fine. Maybe you can keep your activities within your entertainment budget. (But be sure you have some left over for your favorite ladies!)

However, if you think you can get rich that way, you need to have a huddle with yourself.

For starters, once you achieve a modicum of success, you'll typically pay taxes on your short-term gains at a rate that's a little more that 71% higher than that levied on long-term capital gains and qualified dividends earned by long-term investors.

Think you can beat the market over a sustained period of time by a high enough margin to justify the risk and pay all that extra tax?

If you're actually capable of that, the guys who worked with Jim Simons at RenTach over the years would love to talk to you!

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Well, you do have a point!

But perhaps I can make a couple of useful points about markets and how to view them at this time.

Going way back to post #174:..

..Among other things, the author makes the key point that one investor he knows muses that policy "normalization" might whack at least 25% off current equity values, but is OK with that as he deems it necessary in order to return to monetary system health and sustainability.. Originally Posted by CaptainMidnight

Good post. Thx. Frankly, I'm surprised the misery index isn't higher, maybe it's just lagging a tad-bit. I've made some shuffles of accounts a few weeks ago, sensing that the FED is running short (long time ago) on options in the tool box. Inflation is not under control, other than the new fangled way they now report it. CPI-U vs 1980 based which includes more of what people actually purchase - IMHO



But the round that is in the next chamber is the PPI - IMHO. That one scares me a bit as it represents what is in the next wave - I think.



Of course, I left a smaller bucket in the spin-the-wheel (dice roll) category to try and capture a little sumpn-sumpn. But I prefer to avoid a large scale loss on the current conditions. I remember some Millennials were shocked, shocked I say, when 2008-2009 beat them about the head and shoulders.

Here's hoping.

Of course, I left a smaller bucket in the spin-the-wheel (dice roll) category to try and capture a little sumpn-sumpn. But I prefer to avoid a large scale loss on the current conditions. I remember some Millennials were shocked, shocked I say, when 2008-2009 beat them about the head and shoulders.

Here's hoping. Originally Posted by Why_Yes_I_Do

When you speak of trying to capture a little "sumpn-sumpn," current conditions certainly give one pause, to say the least!

In fact, the only significant commitments I've made to US equity markets in quite a few years was to energy in March/April 2020. Shares in the supermajors plus Diamondback (FANG) comprised most of my pandemic-onset reflation trades, since I judged the downside risks in the sector to be lower than in almost every other. Consequently, I am rather overweight energy at this point. (Sorry, progressives. Just ain't into ESG investing!) Although I had a number of other things on my equity shopping list, the market started recovering quickly enough that I just decided to wait for the next panic-selloff/bear market/recession before going all-in. (I haven't been referred to as a "vulture investor" for nothing!)

By the way ...

The quote function here indicates that you posted a couple of images in the post I (partially) quoted. They don't show up for me (I'm using Firefox). Does that indicate that anything's wrong?

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