Biggest crash in stock market history?

[Patrick]

Wonder why it is called Citron Research? Wonder if it has anything to do with our friend from Datek?

 

[Ian F]

Market "experts" have been confused by Tesla for years. "It's going to crash any day now..." But Musk is a force of nature that seems to defy logic.

 

[pkovo]

Wonder why it is called Citron Research? Wonder if it has anything to do with our friend from Datek?

I doubt it. The SEC caught up with him after the Datek days. After that I cant see him being involved with market research, but I guess you never know. Nothing should be surprising in the world of the stock market.

 

[Bike N Gear]

So TSLA is at it's 52 week high? Time to take profits or will this just keep going? Whatever choice I make will be the wrong one.

 

[Mahnken]

So TSLA is at it's 52 week high? Time to take profits or will this just keep going? Whatever choice I make will be the wrong one.

I'm up 790% since I bought 2 years ago. I'm gonna hold it until it tanks, lol.

 

[Bike N Gear]

I'm up 790% since I bought 2 years ago. I'm gonna hold it until it tanks, lol.

It's just a matter of time.

 

[Dave Taylor]

It's just a matter of time.

April

 

[JimN]

April

 

[THATmanMANNY]

@Mahnken damn that was prime time. Congrats! I had my taste and ugh it stings now

FCEL anyone? Lol this shit is just mad

 

[Patrick]

@Mahnken damn that was prime time. Congrats! I had my taste and ugh it stings now

FCEL anyone? Lol this shit is just mad

hope they better do better than PLUG did way back when.....ask me how i know

as for TSLA, i'd take some profits off the table. let the rest ride!

i just made a big move out of junk bonds into the sp500. exciting, i know. and a couple weeks late.
got this feeling that people are going to spend, and spend big.
they may leverage their homes, or credit cards - or the funds they didn't spend over the last year
on stuff (i just redirected it to alchol) - cruises, disney, resorts, the car they always wanted -
demand means higher margins. there will be a crash, but it isn't going to be 2Q21. gotta miss a bunch of payments first.
but with all the demand, maybe people will be working.

 

[mfennell]

I would think all that's already priced in. The big surge over the past week or two is anticipating everything you're saying.

 

[Patrick]

S&P 500 -
Beginning of the year $3,257
thread started 3/16/2020 - $2,386
low point 3/23 $2,237
today $3,635

 

[rick81721]

S&P 500 -
Beginning of the year $3,257
thread started 3/16/2020 - $2,386
low point 3/23 $2,237
today $3,635

View attachment 143952

I checked our IRAs today - wooo!

 

[Ian F]

So TSLA is at it's 52 week high? Time to take profits or will this just keep going? Whatever choice I make will be the wrong one.

Consider setting a trailing stop. Should give you some protection while ensuring some profit.

 

[Dave Taylor]

I would think all that's already priced in. The big surge over the past week or two is anticipating everything you're saying.

What I was going to say. The markets look 6 months or so ahead. FOMO(fear of missing out) is happening now imHo.

 

[Bike N Gear]

Consider setting a trailing stop. Should give you some protection while ensuring some profit..

Me and Elon are holding out for $1000.

 

[Patrick]

What I was going to say. The markets look 6 months or so ahead. FOMO(fear of missing out) is happening now imHo.

6 months but update that prediction every 10 minutes.

imho they are underestimating the pent-up demand for entertainment and events (weddings will be bigger, group dining will be bigger, etc.)
we'll see. i'll take the market return - just wished i changed my mind a couple weeks back. (perhaps 20 or so )

 

[pkovo]

April

Why April?

 

[Dave Taylor]

Bought 1 sept 21 $480 TSLA put option. $81.75

 

[Dave Taylor]

Looks like someone wants out. https://www.bloomberg.com/news/arti...-7-billion-outflow-from-vanguard-s-p-500-fund