He still thinks US markets should be at 40 year lows if only the Fed didn't exist. He actually posted that shit. I guess a market wide P/E of around 1 is his target valuation, even lower then then 4-6 he usually expects. And the large colorful fonts come out when he is exposed by either the market or a poster on all the shit he posts.
Still waiting for the updates. My guess on the retirement account is they are all long equities. Who cares where the markets "should be", and why. Let's just follow where they are GOING.
What is he, a hare that catches a sniff from the upwind hunter? I am sure he's just enjoying his Sunday afternoon tea at the moment. If he does not post, that would be disappointing.
He's obviously proud of whatever he did or he wouldn't have mentioned it. However, I find it strange he's going on about his long portfolio in this thread while telling some short side traders he's all loaded up with triple short etfs on the other thread. I'm not sure what the point is.
I think his point (whether corrrect or not) is that making money shouldn't be as easy as buy and hold.
Imagine..... This could easily knock down the s$p hundreds and hundreds of points since tesla has an extreme weighing on the index now. 'Big Short' investor Michael Burry says Tesla stock could plunge 90% without major fallout - and a slump could reduce speculation https://markets.businessinsider.com...-price-decline-market-crash-2021-2-1030083091
More fuxking free money tomorrow when markets open up. The freeeeeeeeeee Money will be so damn free that because of today's market holiday closing it will be up even more, probably 2x more since we have to make up for today being closed. We didn't even get through tonight's futures session which will build up even more on what we have already gained since Sundays opening...so we could easily gap up 1%%%%%%%% across the board. Free money all week long!!!!!! US 30 31,587.0 DERIVED 12:18:36 | Futures +190.0 +0.61% US 500 3,949.38 DERIVED 12:18:41 | Futures +18.38 +0.47% US Tech 100 13,857.50 DERIVED 12:18:42 | Futures +52.75 +0.38% Small Cap 2000 2,307.60 DERIVED 12:18:38 | Futures +21.20 +0.93
There is no point to his posts. One of the problems with this site is it tends to be overly cynical about markets. He generates a lot of noise and seems unable to articulate a strategy or a decent call on anything. Note his last two posts. One suggests some impending crash in market, the other talks about "free money" in markets because futures are up 0.47%. That seems bipolar in nature. Pointless noise.