Paul Tudor Jones says markets will trade to new lows

Discussion in 'Trading' started by S2007S, May 6, 2025 at 9:54 AM.

  1. Yet I am the one driving a (2008) Lambo....hmmm. You really think price projection is as easy as forecasting events? Explain to me how then, when El Salvador announced switching to bitcoin, and on the day they were supposed to implement their bitcoin buying strategy, that price actually fell? It fell because it was in the midst of a correction cycle. It really doesn't matter what the news is...when ftx scandal broke dropping price of btc from 19k to 14k...I had already had 14k as the possible retrace when price was at 70k 6 months prior...sometimes news aligns with price, sometimes its the opposite...it's basically completely, un-tradable noise.
     
    Last edited: May 8, 2025 at 9:25 AM
  2. Are you, though? Really? Because I have my doubts. Regardless, it's a crutch that you've been leaning on for so long it's about to wear out.
     
  3. Well I have some new additions...and my MSTY dividends this month are wiping out an entire car loan...not to mention the 100 MSTU calls I picked up at 1.25 and sold for 2.70 a week later....:)
    Do you think I was analyzing blockchain data, hash rates or following twitter memes from talking heads? lol. No I was simply looking at the chart.
     
    Last edited: May 8, 2025 at 9:38 AM
  4. So you bought your famous too-often-mentioned 2008 "Lambo" on credit?
     
  5. I started a topic about my new additions back when...
    :)
     
  6. I thought you were referring to investment additions. Regardless, you're buying cars on credit. Good to know.
     
  7. Of course I'm buying on credit lol...it just became a free car practically with 3 months of dividends from the money I would have been using to purchase the car!
     
    Last edited: May 8, 2025 at 9:55 AM
  8. Keep digging. I can still see you.

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  9. What digging? Car is theoretically paid off, and the dividends keep coming...AND capital gains lol.