I can be Huge too

[jiesen]

Have you ever had one of those super-size chunky bars? Delicious.

Today I had my first taste of a Milky Way in years. It was glorious.

[Louetta]

Sorry Louetta, I got kind of tired writing that. The only thing left to say is there is nothing worth buying.

Have you ever had one of those super-size chunky bars? Delicious.

[antioch6]

Sorry Louetta, I got kind of tired writing that. The only thing left to say is there is nothing worth buying.

[Louetta]

big snip ....

Maybe there will be food inflation... no I don't believe that.

.....big snip

Nah.......

[antioch6]

I sold Stld and I'm taking out my gains for the year. My dad got angry and yelled at me so I'm stopping. I won't be good to make decisions while I'm like this. Maybe I can start again sometime.

[antioch6]

I'm sitting here drinking water listening to Ibiza house, $$$, staying safe and legal. This is where i want to be. Now that the market is moving up, the screen should help us. Here is the result for the week:

STLD CF MOS PXD COP

This is the story from 2009. Weak dollar, buy commodities; industrial metals, fertilizers, oil. I don't believe in the rally so maybe it'll keep going. Maybe the government will start infrastructure spending and the price of Steel will go high. I don't see why food prices would go higher. The only stock I would buy from this list is STLD. I already bought it, so there's nothing else I can offer. This is just confirmation that I should hold. Everything is the same as yesterday, only prices are higher. So there is higher risk. This is insane. People who haven't bought yet are buying for the same reasons as we already bought. Maybe someone out there is buying with a government account and sending us money. Or maybe we are just taking other people's money. Who wants to trade their house, food, and energy money for a stock certificate? This has got to be a government run scam.

So everyone else has to be wondering the same thing as me. If you buy a stock you must not need the money. So it's a big atm for everyone.

[jiesen]

STLD was a great call on Thursday, hope you make a killing on it!

[antioch6]

So I bought all my dash shares and went 200% long Stld. I've been looking for something to buy, and now that the momentum is up I had to find something with earnings at a good price with lots of buyers. Stld has growing earnings, a low p/e, and a strong price.

[antioch6]

For some reason I really want to buy stocks today. The oils look super good but they don't after you look at the actual price of oil. After watching the market fall all day, I was so disappointed with the rally at the end. I am about ready to give up shorting. I can already see the market taking away my 3% or 2% gain. Maybe this means we are heading lower. My list of shorts were down big today. I really want to buy this market, but there is nothing to buy. I feel positive my short is gunna get stopped out. I'm doubtful, though I'll give it till the end of the week.

[antioch6]

Buying back my dash position today. So I will be 200% short again. I'm a little nervous because the market is up 2%, but I have a stop in place and the sentiment looks right. I want to buy something but there are no earnings besides bank stocks and in the meantime the market is going sideways so I guess the lack of momentum will bring lower prices. Doordash doesn't seem like a good service because it brings fastfood to people on demand.

[antioch6]

I sold half my Dash today. Lost most of the profits. I'm up 1%. I'm noticing all my gains up and down from the past 4 months have been erased, so the market isn't doing anything. Things are mostly down over the past year, so maybe they'll be up next year; or the year after. I've been planning on waiting until the end of the year to invest, but have been getting seduced into short term trading. I'm up 100% so far, so I'm beating the S&p, but it feels wrong on a moral level. Investing should be about short term efforts for the long term. I'm basically following formulas and taking other people's money. There should be a way to help people like feeding them or clothing them and building them a house. I'm not sure what the market's for.

[antioch6]

If this is the big bear market I've been waiting for the past 4 years, I'll have plenty of opportunities.

Here is the screen for the week:

There were no stocks.

Here is the short screen for the week:

Pton W Snap Roku Shop Dash Coin Mtch Zm Ua Meta Pins Run Baba

Now that the market is falling, I can look for the weakest charts with the greatest market cap, and the most negative income. Pton has a useless product. W is the weakest. Snap is useless. Roku is a bad product. Shop isn't fun anymore. Dash might do good. Coin is making less money. Mtch might do good. I like Zm. Ua is not good. Meta is useless. Pins is a waste of time. Run might get help from the government. Baba is not good.

Without a government program, with negative earnings, and negative momentum, the market looks like it will keep falling. These stocks will fall worse so I will be shorting some in the next few days.

I'm short Dash. Maybe I'll get off margin and spread the risk. Food delivery sounds like a great idea for the future. W has more debt. I've been thinking about shorting it for a few days. Their earnings are more negative. The momentum is more negative. I've hesitated because buyers might send it up on hope. I've also needed to learn more about the company. Buyers could stop me out. It looks like most of them are done, and the market is genuinely weak. Dash is going down too. Maybe I shouldn't do anything.

[antioch6]

Bought Pdm and sold short Dash.

[antioch6]

I gave it all the chances I could, but I had to sell. Sold Vips at 8.67 and short Pdm at 9.91

[antioch6]

I'm about back to even on Vips. Down 1%. China looks super low. Spy, Vips, Ashr on my list. Still 200% long (194%, had a small margin call).