Best way to describe my current trading form is this.
I’m a damn good hitter — but I’ve been off by a second in recent weeks. As a result, I am swinging and missing like a god damned fool now. Best way to avoid catastrophe is to trade small — which is what I’ve been doing.
After I sold SQQQ, naturally the bitch whore fucker went straight up. With those proceeds, I bought a major player in the home insulation business, as well as other lines of business servicing new homes — essentially a great play on new home starts: IBP.
This is a high growth company with great prospects — but it’s only a trade.
Fucking Update:
My current trading form pic.twitter.com/TYRmGhDB1u
— The_Real_Fly (@The_Real_Fly) March 13, 2018
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Nice of the Twitter police to let you use “cocks” in your tweet
Machine learning with courrect me soon (extra Delbert Grady)
He sold? pump it
https://www.youtube.com/watch?v=TRXdxiot5JM
It is hard to find good buys in tech these days. The FAANG trade will exhaust itself at some point as they simply can’t continue to increase by 30-40% in value every few months. Or can they?
I think it was Warren Buffet that said stocks are a voting machine in the short term.
The least-experienced investors (millenials) just buy what they know. They do not know the difference between a good stock and a good company, so valuation goes out the window.
Of course, valuation *always* comes around, but usually it takes a bear market to shake out the true believers.
Who knows if we make another record high, but does anybody think that the Thrusday-Friday gap-in-the-Daq, will not get filled soon?
The ARK ‘s siren call….. Thoughts Fly?
PCG news??? big spike, perhaps they stopped burning down the liberal state of CA