Supernovice

Let’s get back on topic...BTC and really the whole crypto complex- knifing at the moment down 10-20%. We had the inflation print this am...followed by this. So what exactly is the thesis and don’t say ‘blockchain’. I can’t buy things with it, it’s not a hedge against inflation, and regression to the S&P isn’t compelling enough to be viewed as an uncorrelated asset.

@N. OF PIKE I know you’re a technical analysis guy... been watching a theme last 5 days of individual names getting knifed below support and immediately ripped higher. Then it happened to me today- had a stop well below what I deemed to be very good support (was looking for a retest and then breakout but had a meeting and couldn’t watch it). It ripped lower breaking two levels and then 10 ticks later up 5 levels. You seeing anything thematically similar?

How do you know someone went to Cornell? They tell you. I’ll be here all week, tip your waitress.

We might be witnessing the biggest labor reorganization in history. All by way of ‘closed for the day’ signs in fast food restaurant windows. The ramifications will be fascinating to watch.

My evergreen response to anyone that ever says anything about ‘the fed’ courtesy of the latest Tyro quarterly

Can you explain to me the actual transactions taking place? And if you buy on RH is it the same or is it different than a regular crypto exchange? I understand it as: USD->ETH->DOGE (or whatever) and out is likewise DOGE->ETH-> USD. Is that really what happens when you transact?

That wasn’t directed at you- more the entire sh*tcoin movement. I know from your posts your not just blindly throwing cash at stuff. but even beyond the sh*itcoins, I still don’t see a utility for crypto- like at all. i just don’t get the appeal other than the returns obviously. I seriously hope all you guys get fabulously wealthy off of this. Like FU money rich. Just know when to take ur profits and run, scale in and scale out. My pt was there many other ‘easier’ ways to make $$ in the market lately.

There's been plenty of fun to be had just in small caps this past week...forget sh*tcoins OCGN, PIXY, PRPO UXIN....was able to bag +20% on all of these. you guys chasing coins are doing it wrong.

Ya don’t do this...please. Unless you’re 80.

A face mask might help?

Stein-ing my way to 2+ inches.

Try: https://finviz.com go to the groups tab, then select: industry (basic materials). That should get you started. Pm me with any questions.

Https://Twitter.com/reedtimmeraccu/status/1387152712006086663

Anyone see Reed’s chase video today? Seems outrageously dangerous and irresponsible for data that I’m not sure matters but who knows... obviously chasing for him is just adrenaline masquerading as science. But what a wild thing to do in what I think is a Subaru.

The Pfizer CEO indicated he was open to sharing the IP. I have a call with the Moderna CEO in 2 weeks...hopefully this is a non-issue by then. Just like everything else- it’s not a black and white issue which is hard for people to comprehend. There is something else going on (personally I think it’s language buried in a contract somewhere) and I’ll make some calls tomm am to try and find out. Please don’t hold your breathe in the meantime.

What don’t you get? The Moderna and Pfizer vaccines should have their IP temporarily revoked and it should be like ‘open sourced’. Allow the world to manufacture their own for a period of time. The Pfizer CEO said he was open to that in not so many words...but like I said it was phrased carefully. And we don’t do follow ups on these calls. Which leads me to believe there’s something else going on. Glad to catch you up.

If someone had told me not even 5 months ago, when I decided it’d be fun to mess with the trolls on here (due to quarantine boredom) and already DIT would have threatened to call the cops on me...first I obviously would have pissed myself laughing, then I would have kissed you on the mouth. How very on brand for DIT. Ok I got my laughs for tonight now I’m done. If anyone really does know about vaccine IP I’m super curious- paging Whineminster.

Seems my troll post brought out exactly who I was targeting- mission accomplished. There is something fishy with the IP around the vaccines. I was on a call with the CEO of Pfizer last week ( just me and ~200 of my closest friends) and someone asked about it...but the response was phrased very carefully...like too carefully. Does anyone know what the deal really is? the situation in India is really infuriating...what a global failure this whole thing has been. I’m not sure India can vaccine it’s way out of it- similarly to how the Biden admin didn’t surge vaccine into Michigan- takes 6 weeks to see any results in terms of infection. But we, meaning the developed world really need to step it up in terms of supplying them ppe/ oxygen. Just a really sad and devastating situation, probably to be repeated elsewhere in the coming months.

Love getting a weenie from someone this sarcasm was aimed at. Maybe I’ll have to dumb it down in the future for those of us who still can’t properly spell ‘dimentia’ after multiple attempts.

Crazy how convenient it is that the media is reporting the ‘flu’ is bringing India to its knees. Basically decimating their entire medical infrastructure. A million may die before August. Ive heard from people around this happens every year but the lamestream media just chooses not to report on it.

Thinking about the situations in India and Brazil and reading about really the failure of a global vaccine distribution system that is equitable and if we were as serious about globalizing capitalism as public health we would be in a better place globally although locally much less so. Can’t help but think that has to start bleeding X% off of global GDP for the foreseeable future. Especially hard hit being developing/ emerging economies. EM has been weak since feb... but this thought hasn’t bled into those markets yet- I don’t think. The virus is the economy. Big bet has to be on U.S. markets to dominate the rest of the world performance wise for the foreseeable future.

Found an appropriate place to take you grievances:

Ya looking for something new-ish. Need the new season of Ozark- badly.

First 3 seasons- yuck. Last 3- some of the best television outside of Seinfeld. Bizarre.