Rod's Account Talk

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tsptalk said:
Now this one reminds me of those dot com days. It burst eventually but it was a lot of fun while it was happening. :banana:
Click to expand...

Yeah... it'll be fun seeing how high it goes. It'll keep me entertained while waiting for the long overdue pullback. :popcorn:
 
Whatta ride! 🤪🤣

Rod said:
ALL ABOARD the TSLA Train!


While waiting for the S&P 500 to pullback 5% (which might be awhile longer), I bought TSLA in pre-market trading @ 852.00. I had been eyeing it for a few days and finally pulled the trigger. :AR15firing::outtahere:
Click to expand...
 
Rod said:
I've been tracking the coronavirus numbers since 1 Feb. The numbers seem to be doubling every 4 days. It will get worse before it gets better.

1 Feb numbers:

12,040
Confirmed

259
Died

283
Survived

120,400
Suspect

__________________________________

Today's numbers:

24,620
Confirmed

494
Died

963
Survived

246,200
Suspect
_________________________

Source:

https://incendar.com/2019-ncov-corona-pneumonia-virus-statistics.php
Click to expand...


I’ve been tracking since Jan 24. I’m showing a million dead by the end of Feb, and 57 million sick. The numbers reported are going to slow down, but only because they are running out of tests, and the capacity to test.
IMG_6348.JPG


Sent from my iPhone using TSP Talk Forums
 
It'll be interesting to see where it goes. As of now, Wall Street has become innocuous to it. :alcoholic::24::alcoholic:
 
Rod said:
Hummm...



https://www.taiwannews.com.tw/en/news/3871594
Click to expand...

Interesting.

That really doesn't make a whole lot of sense, because if the fatality rate was really that high, then I personally think we'd be seeing a lot more leaking of information.

I know the Chinese like to keep things under wraps, but you can only hide stuff so long. People are people everywhere.


Those kinds of numbers of deaths aren't really "scheduled" (predicted) for another week and a half.

WE shall see. If it IS true, then the death rates would be much, much higher than the current models are showing. That would be a really bad thing.


We will know in about a week- if there are lots of people who SURVIVE this thing, then we will know that the current released figures are closer to being true.

If there are NOT a lot of survivors, then we will know, in a week, that the whole world is going to be in trouble.
 
I understand what you are saying. Of course, none of us know for certain what the numbers are, or will be. But it would seem that the bottom line is that the current "official" numbers should not be trusted. There remains a lot of uncertainty that the market isn't pricing in.
 
Firstly, congrats to those of you who have been reaping the rewards since Monday! :bigok:

Before then, we were oh so close to that 5% pullback with only 1.87% more to go in the S&P 500 (according to my math). I am still waiting for that pullback. Because if I was to "capitulate" and join you in the funds, then Mr. Market would decide to pullback. I will not give into his beckoning call. :nana: Been there, done that, way too times over the years. I'm certain a lot of you have done the same. I IFT'd to (G) a few months+ early before the 2008 crash. But, I hardly missed any gains during that period. I'm hoping to do the same with the eventual pullback (or correction). Only time will tell if I succeed. Be careful out there, especially with the many uncertainties of the coronavirus.

God Bless :smile:
 
We've all been there but by the grace of God.. Lol. I just have a hard time getting back in when it starts to go up... I almost increased my position last Friday... But chickened out.. Then almost went to safety.. Then just decided to hold... Apparently this game isn't really for me... But forced to play...

Sent from my ONEPLUS A6003 using TSP Talk Forums mobile app
 
kb9nvh said:
We've all been there but by the grace of God.. Lol. I just have a hard time getting back in when it starts to go up... I almost increased my position last Friday... But chickened out.. Then almost went to safety.. Then just decided to hold... Apparently this game isn't really for me... But forced to play...

Sent from my ONEPLUS A6003 using TSP Talk Forums mobile app
Click to expand...

It was a lot easier back in the day when we could IFT in and out of Mr. Market on a daily basis. Two times a month is unreasonable! My advice is to set your entry point, and then go from there. For example, my entry point is a 5% pullback in the S&P. But the difficult thing with that is this: The S&P could rally another 10% from here before that pullback occurs. Then I would have missed out on those gains.

I believe the recent sell-off began on 21 Jan. Therefore, I am waiting for a 5% pullback from there. According to my current math, the S&P is up 0.21% from 21 Jan. So, I am looking for a decline of 5.21% as of now. At least that's how I see things. We shall see what the future holds.

God Bless :smile:
 
What more can I say? I continue to be bewildered at Mr. Market's tenacity. But, his days are numbered. But, how many more until his number is up? :ugh2:

I don't pretend to know. But, Cramer has been hinting at it lately. He's certainly smarter at this than I am. At any rate, Feb needs to start living up to its reputation! :twak:

God Bless :smile:
 
I have a feeling that the coronavirus will finally get Mr. Market's undivided attention when cases eventually become widespread in the USA. I try to watch "Outbreak: Coronavirus" nightly on CNBC. The program updates info/stats. Anyways, tonight's program mentioned a "vaccine could be ready in 18 months." I've also heard that a vaccine might be ready by the Fall. The bottom line is this: No one knows for certain when a vaccine will be made available. Unfortunately, thousands more people are going to die before a vaccine is developed. But fortunately, the number of cases should (supposedly) die down during the warmer months. Until then, it will get (reportedly) a whole lot worse.

Here are the latest stats:

60,017
Confirmed (This number was 12,040 on 1 Feb)

1,357
Dead (This number was 259 on 1 Feb)

5,953
Survived (This number was 283 on 1 Feb)

602,922
Infected (This number was 120,400 on 1 Feb)

Source:

https://virusdanger.com/global.php

God Bless :smile:
 
Whew! :party:

Go figure... the day after I bought TSLA @ 852.00 it dropped a whopping 18%!:alcoholic: It was the largest one-day drop since 2012! I thought, "Gee! Just my luck!" :smashfreakB:

Well, I find it very difficult selling at a loss. Furthermore, I knew it would recover. It was just a matter of time. That recovery happened yesterday. As of now, it is trading @ 932.00.

Of course, the roller coaster ride will continue. But, it's been a heckuva hedge against Mr. Market's red days! I'll continue to hold onto TSLA because it really is a fun ride... most of the time. :beerchug:

God Bless! :smile:

Rod said:
ALL ABOARD the TSLA Train!


While waiting for the S&P 500 to pullback 5% (which might be awhile longer), I bought TSLA in pre-market trading @ 852.00. I had been eyeing it for a few days and finally pulled the trigger. :AR15firing::outtahere:
Click to expand...
 
My longest-held position is ACAD. I bought in @ 1.76 in 2010. It is now trading @ 45.46. :usa2:
 
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