Good quarter for stock ticker RICK. (Not too surprising given the economic boom.) In addition it looks likes after a pause to consolidate they are going back into growth/acquisitive mode: picking up Scarlett's Cabaret in Miami.
Do you think a publicly traded strip club corporation makes for better clubs? I don't.
But lets talk about the broader stock market. When Herbert Hoover came in to office, he really did not seem to understand that there was any looming risk. Listening to yourself and some of the others, still seems like people don't understand that risk.
What do you think the share holder vigilance level is today?
With all these computer programs which order sales at the first sign of trouble, I think the vigilance level is very high.
Now I know that years ago they installed circuit breakers, market shut downs. But that could just encourage share holders to operate on even more of a hair trigger, sell as fast as they can, or if the market closes, then sell in the very millisecond when it reopens.
We see how these go, steady increase, and with no real reason, no balance sheet improvements, just P to E increases. And it goes and goes, and then it breaks and crashes rapidly. So I would think that share holder vigilance must be extreme. And it is this vigilance which will take it down far faster than it went up, and with no more specific justification than the upslopes have.
^^^so I'm assuming SJG recommends stuffing cash into mattresses, geez Louise with all of your negativity you offer no alternatives. Any questions you just deflect, you are just another homeless bum. Why don't you give it a rest !
^^^^^ No Twentyfive, lots of constructive things people can do with money. And I'm sure there are other con artists who could very easily take money off of you.
Hell man I've put my money into my own business for over thirty years it's worked out fine for me. I'd ask you to give me a qualified answer but you just deflect. It's a shame, you think that you know every thing that there is to know about everything. I can't really take any thing you say seriously because accomplished people are usually very satisfied with their life but you never would understand that having accomplished anything of consequence that you could point to and say here is what I've done and if you do it this way you'll have this result. Unfortunately you will never have that satisfaction because you are both intellectually lazy and selfish in your viewpoints.
I feel sorry for you !
Then why do you keep making up straw men to hypothesize about. Start being intellectually honest and have some openness to ideas that others put forth, in other words try to contemplate that there is a world beyond the scope of your understanding and two different things can be correct. i.e.: owning your own business and investing in other business as well, makes your ownership stake larger and allows you free time to pursue other interests.
SJG: "With all these computer programs which order sales at the first sign of trouble,"
You are completely clueless. Sure there are programs which will sell pretty much instantly if a bad headline comes out. But there are other programs which will buy if the drop is too much. Last week for instance Trump said he favored breaking up the big banks. Financials drop about 1.5% quite rapidly. But then it all got bought back just as quickly. I say that was the marker calling his bluff.
Similarly, after the Flash Crash in 2010 you programs on the look out for these sudden swift drops and they'll auto buy as quickly as the drop.
On thing the markets apparently don't like at all is limit down. The last few times that has happened the market has turned just a hair away from it or after a few minutes of it: followed each time by rapid buying.
Again, 25 has an excellent. You talk like you know more about the markets than people who actually live and breathe it, but when we get into the details it turns out what you really is.... jack shit.
SJG bashing has become an easy target and much needed relief by taking out frustrations on such a large bullseye.
He actually epitomizes the one way the US could self destruct from within, of the herd mentality were to go along with it. Thankfully we live in a constitution that wouldn't allow it to happen.
SJG bashing has become an easy target and much needed relief by taking out frustrations on such a large bullseye.
He actually epitomizes the one way the US could self destruct from within, of the herd mentality were to go along with it. Thankfully we live in a constitution that wouldn't allow it to happen.
So Dougster, it is not just sell-off programs, there are also buy-up programs. Don't you think that is all rather silly, much worse than homo or psycho, but completely pathological. And starting with people like you and 25, worrying about such things.
They have some sort of a wide body kit option. I assume for wider tires. But I was at a classic Mopar show this weekend. Wider would look better. But they've also now got 800hp.
I noticed you changed your tune on the market again recently, SJG. Not really surprising given your track record here. Now you say it's okay for people like 25 to invest in the market since they've also owned their own business. Good luck making that one a reality: if you own your own business it's fine to invest, otherwise your not allowed. Seems that would increase inequality. Kind of a reverse Marxism: The bourgeoisie are allowed to own more of the means of production, but the proletariat aren't.
I'm starting to see some worrying signs about the market. For now I'm just taking note. Not sure if it will pane out into a drop or not.
What concerns me is the low VIX coupled with:
a) people NOW plowing into low vol ETFs
b) hedge funds plowing into the big AI plays (certain a good long term bet, but hedge funds are not long term players. Unless you consider 9 months long term. :-) )
c) oil and the markets now rally on recycled news.
Might be early, or with volatility this low might be a good time to pick up cheap puts (if you are willing to risk them going to zero in exchange for possible double or triples if the market does fall.)
Only thing is it's hard to a see a major event to percipate a plunge:
a) fall in oil as shale production costs plunge?
b) Trump impeachment or quitting
c) North Korea really firing that nuke?
d
My position has not changed. Never endorsed 25 being in the stock market. I have consistently said that people do better running their own businesses, as 25 has done.
Well you guys can tell me your take, but mine is that some, not all, people would do better running their own business. I also think some people just don't want to. I also think the people who would do better, and want to are already able to figure out that that is their path themselves.
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But lets talk about the broader stock market. When Herbert Hoover came in to office, he really did not seem to understand that there was any looming risk. Listening to yourself and some of the others, still seems like people don't understand that risk.
What do you think the share holder vigilance level is today?
http://www.fedprimerate.com/dow-jones-in…
With all these computer programs which order sales at the first sign of trouble, I think the vigilance level is very high.
Now I know that years ago they installed circuit breakers, market shut downs. But that could just encourage share holders to operate on even more of a hair trigger, sell as fast as they can, or if the market closes, then sell in the very millisecond when it reopens.
We see how these go, steady increase, and with no real reason, no balance sheet improvements, just P to E increases. And it goes and goes, and then it breaks and crashes rapidly. So I would think that share holder vigilance must be extreme. And it is this vigilance which will take it down far faster than it went up, and with no more specific justification than the upslopes have.
SJG
SJG
The only con artist here is you SJG and you've been exposed.
SJG
I feel sorry for you !
Then we have no dispute.
SJG
http://www.healthsnap.ca/image/cache/dat…
SJG
I'm sending you:
https://s-media-cache-ak0.pinimg.com/736…
SJG
LOL!
You are completely clueless. Sure there are programs which will sell pretty much instantly if a bad headline comes out. But there are other programs which will buy if the drop is too much. Last week for instance Trump said he favored breaking up the big banks. Financials drop about 1.5% quite rapidly. But then it all got bought back just as quickly. I say that was the marker calling his bluff.
Similarly, after the Flash Crash in 2010 you programs on the look out for these sudden swift drops and they'll auto buy as quickly as the drop.
On thing the markets apparently don't like at all is limit down. The last few times that has happened the market has turned just a hair away from it or after a few minutes of it: followed each time by rapid buying.
Again, 25 has an excellent. You talk like you know more about the markets than people who actually live and breathe it, but when we get into the details it turns out what you really is.... jack shit.
He actually epitomizes the one way the US could self destruct from within, of the herd mentality were to go along with it. Thankfully we live in a constitution that wouldn't allow it to happen.
He actually epitomizes the one way the US could self destruct from within, of the herd mentality were to go along with it. Thankfully we live in a constitution that wouldn't allow it to happen.
He also has shit in his head where his brains should be.
I mean really, putting money into:
http://www.fedprimerate.com/dow-jones-in…
People come out ahead, financially and in all sorts of other ways when they can invest in themselves.
It is after listening to con artists like you that the give up on that.
SJG
I think this is Karlie Kloss
http://www.hawtcelebs.com/wp-content/upl…
http://www.hawtcelebs.com/wp-content/upl…
Also notice:
https://www.topspeed.com/cars/car-news/w…
They have some sort of a wide body kit option. I assume for wider tires. But I was at a classic Mopar show this weekend. Wider would look better. But they've also now got 800hp.
SJG
Lol!
SJG
Sean Spicer
https://www.thewrap.com/wp-content/uploa…
James Coomey, 6'8" tall
https://en.wikipedia.org/wiki/James_Come…
What concerns me is the low VIX coupled with:
a) people NOW plowing into low vol ETFs
b) hedge funds plowing into the big AI plays (certain a good long term bet, but hedge funds are not long term players. Unless you consider 9 months long term. :-) )
c) oil and the markets now rally on recycled news.
Might be early, or with volatility this low might be a good time to pick up cheap puts (if you are willing to risk them going to zero in exchange for possible double or triples if the market does fall.)
Only thing is it's hard to a see a major event to percipate a plunge:
a) fall in oil as shale production costs plunge?
b) Trump impeachment or quitting
c) North Korea really firing that nuke?
d
SJG
And as far as running a business, you don't need to wear all the hats or do it all yourself.
SJG
Wall Street Starting To Panic About Trump, remember, neither this nor anything Dougster tells you has predictive power.
https://www.yahoo.com/news/wall-street-s…
Senate Asking Comey to Testify
https://finance.yahoo.com/news/senate-le…
TVFrog
http://savinghomeownerstips.com/1-tv-fro…
https://www.freeseetv.com/tvfrog/index.h…