Recent content by daedalus

I had a very similar plan once. Unfortunately it was March of 2000 and my plans were pegged to the Nasdaq. I became insolvent before the market stopped being irrational, and long before it became rational again. It scarred me and I've been too conservative ever since. Being "all in" when the...

Money panic makes people do stupid things. I remember at the height of the 2008 gas price crisis I read an article about a guy who was flipping 1990s Geo Metros because they got 50+ mpg. These were previously $500 shit cars on a good day that, after a quick spit-shine, people were paying $7000...

So basically a brand new used 2013 Leaf with a bit more range, less certainty about the company's future prospects and aftermarket support, and at 5x the price. ETA: LOL, after reading the article a little closer I came across this line: "So sure, $20k is still a ton of money for a microcar...

I'm flattered, but like most folks, I wasn't born with a wrench or a taping knife in my hand. You're "willing" to pay that much because you can. But what happens when AI removes jobs from your field, and the labor supply relative to available jobs goes up? In line with what Momo said, wages...

The problem (or good thing, depending on your POV) is that there's a ready substitute for blue collar labor. I long ago gave up trying to find competent "skilled labor" to do what I needed to have done, and quickly realized I could do most things myself. It takes some research to look up...

Weeeeeeeeee! :ROFLMAO: I love how the paint's-still-wet anomalous blip of a mania price spike above $100/oz has become the "psychologically-important" price floor. If history is any guide, we aren't going to see that "floor" again for 15 years or more.

I'm going to ride it up and back down again and not worry about it.

Order in to sell a put @ 290 to buy back GOOGL that I sold @ 300 after selling a covered call last month. Wish I sold another put at 320! Also trying to sell a put to buy MSFT, which seems a bit oversold and at a recent support point. Lastly, need to clear out some losers in my portfolio to...

Any love for Western Union? Slowly dying business, with an emphasis on slowly. According to Yahoo Finance they have a P/E of 3.77 and are paying an 11% dividend. I sold a few puts and now am stuck with a few lots. :D

$543.76. It will be dark times if it gets there, but I'm old enough to have lost a fortune in the dot com bust. That was well deserved. Tech stocks that are getting the shit kicked out of them today actually make money and aren't likely to lose their dominance during the next bear market.

What guarantees continued investment in AI, above all else, is its potential for use in warfare. As long as we don't actually use it for that purpose, then society will benefit from the spillover, just like we do from all large government tech investment booms.

They're late to the party, same as with AAPL! :D

$584.76! I should have held on, but didn't have the stones. Got out of both my options yesterday with a small profit on each. If i had held on my GOOGL call would have expired worthless today, and my META put would be more in the green. Frustrating that I tried to buy back the put on Wed...

Not really looking to own more META, but if someone wants to pay me $8.64/share for the peace of mind of knowing I'll buy them @ $610/share for the next week and a half, I'll play. Placed order last night, executed during the opening hustle. That said, the next technical support point for...

I started trying to sell some covered calls, as I'm on the fence about the direction of this market, and I like to scalp on both the entry and the exit where I can. So many things are screaming ai bubble. Not looking forward to paying the taxes in case I have to sell the stock, but there are...