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News Dow bouncing around -1000

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vi edit

Elite Member
Super Moderator
Oct 28, 1999
61,003
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This may explain the run up.


From the article, last line:
"Tech investor Roger McNamee said the SoftBank report was disturbing. “If it’s true that SoftBank is doing that, it would be more signs that the fundamental picture here is decoupled from stock prices,” he said on CNBC. "

I've thought the last 6 months have been divorced from reality, even for wall street. This supports my world view. :p
 

hal2kilo

Lifer
Feb 24, 2009
15,949
4,062
136
Just another sunny day. Reality is finally setting in. We shall see.

Edit: Note to self. Next time FB touches 300 SELL!
 
Last edited:

shortylickens

No Lifer
Jul 15, 2003
77,569
10,644
126
I was talking about the new Grand Wagoneer:


Which looks like a great SUV. I'd buy one for my wife if I could afford it. Of course, if I lived in the world of Robocop, I'd probably be willing to buy her 6000 SUX if she wanted one :)

FCA also has a Dodge Hellcat Durango coming out soon as well. I'm sure that will easily top 100K with options as well.
OOHHH!!! Ok cool. Cuz I was all over the Jeep website trying to come up with a fancy ass expensive vehicle and I was totally not able to do it.
 

hal2kilo

Lifer
Feb 24, 2009
15,949
4,062
136
OOHHH!!! Ok cool. Cuz I was all over the Jeep website trying to come up with a fancy ass expensive vehicle and I was totally not able to do it.
Since I'm a Grande Cherokee owner and haven't killed the dealer site, since that's where I do all my service, I get all the promo stuff. Yea, looks great, but not taking out a house loan for any vehicle anymore. Looking like 100k.
 

cytg111

Lifer
Mar 17, 2008
14,897
5,086
136
My next car will be a level-5 or bust. I'd pay a premium for it too.


"Car? Take me to work, wake me 3 minutes before we land. Execute."
 
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hal2kilo

Lifer
Feb 24, 2009
15,949
4,062
136
I think the market will go up tomorrow because I sold some stuff today. My record of selling at the bottom has been impeccable for 15 years.
Every time FB gets hot, I put in high limit sell order, the very next day like clockwork it swoons and takes several weeks if not a couple months to get back to where my finger gets itchy again. It's all gravy as I sold half of it when it doubled after about 18 months from the initial IPO. It gives me an excuse to bitch about the alien owner Zuckerberg. As if I needed one.
 
Mar 11, 2004
20,721
2,871
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My next car will be a level-5 or bust. I'd pay a premium for it too.


"Car? Take me to work, wake me 3 minutes before we land. Execute."
You're gonna be waiting awhile, unless you're willing to gamble with Tesla's (or whomever else decides to follow in claiming such high levels of autonomy) lies about how capable their system actually is. There's no one even close to that stuff right now and anyone claiming it is full on lying, and its gonna lead to deaths (just like it has with Teslas). Don't get me wrong, there's definitely improvements, but all of that tech, without properly trained drivers still alert behind the wheel, are a danger.
 
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repoman0

Diamond Member
Jun 17, 2010
3,205
1,483
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You're gonna be waiting awhile, unless you're willing to gamble with Tesla's (or whomever else decides to follow in claiming such high levels of autonomy) lies about how capable their system actually is. There's no one even close to that stuff right now and anyone claiming it is full on lying, and its gonna lead to deaths (just like it has with Teslas). Don't get me wrong, there's definitely improvements, but all of that tech, without properly trained drivers still alert behind the wheel, are a danger.
Shhh, don't let the clueless Teslabots in this forum hear that. I've told them this plenty of times and they usually blow up in an emotional Elon Musk koolaid-induced rage.
 
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cytg111

Lifer
Mar 17, 2008
14,897
5,086
136
You're gonna be waiting awhile, unless you're willing to gamble with Tesla's (or whomever else decides to follow in claiming such high levels of autonomy) lies about how capable their system actually is. There's no one even close to that stuff right now and anyone claiming it is full on lying, and its gonna lead to deaths (just like it has with Teslas). Don't get me wrong, there's definitely improvements, but all of that tech, without properly trained drivers still alert behind the wheel, are a danger.
True, and I dont anticipate to be part of the first round of statistics either ;). I figure I got some years 4+ left in my current ride, by then it would be nice if something real has materialized.
 

cytg111

Lifer
Mar 17, 2008
14,897
5,086
136
Shhh, don't let the clueless Teslabots in this forum hear that. I've told them this plenty of times and they usually blow up in an emotional Elon Musk koolaid-induced rage.
Show us on the drawing where the evil Elon touched you... ;)
 

Staples

Diamond Member
Oct 28, 2001
4,940
107
106
haha. Yeah, shut up about Tesla. As I predicted. Sold crap yesterday and MSFT (which I sold) went up 4% today. ALWAYS ALWAYS selling at the bottom.

Anywho. I put money into TESLA. I am not stupid. Well maybe I am for gambling. I know they are not worth even 1/3 of their stock price but I am counting on the fanboys to bid it up even more.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
61,003
4,548
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Happy Monday. Hope you have your seats in the upright position, and trays in their locked position. The pilot has turned on the seatbelt sign. Prepare for a bumpy ride.
 
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