Stocks: what goes up must go up exponentially and never come down

Woot, almost breakeven on Uber today as it shot up 10%.

It’s been doing terrible for the past 3 months.

The rally is back on.

Before my Europe trip I sold off about 1/3 of my holdings, partly because I wouldn’t be looking at them, partly because I was happy to be 1/3 in cash. Now the big question, will I buy back in anytime soon.

Very curious what the implications of this Chinese company’s default and is it a sign or trigger of anything to come.

I’ve been burned on previous attempts to time the market, but if Evergrande collapses and the markets drop 5-10%, I’m tempted to buy in for another $10k on top of my semi-monthly investments.

I’ve got a sizable rollover from a 401(k) sitting in my IRA to invest. Hmm.

Yeah…I don’t know why I try…I usually don’t…but this time I had a feeling…of course, markets are barely below where I originally sold out (about 3%, I guess), so there’s no smugness here & I’ve got to figure out when to get back in.

Bitcoin won’t buy itself! /s

Oddly enough. Bitcoin is not on my retirment must buy list. I know crazy right?

Your boomerness is showing

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Cause and effect here. If it were on your retirement must buy list, you would already be retired.

Gen X but thanks for lumping me with those boomer losers.

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My son declares he’s getting a new tattoo tomorrow. Where’s that money coming from?

I’m told an investment account. What are investment account? Bitcoin.

I expressed my displeasure. At the investment choice, not the tattoo.

make sure that he’s not actually a billionaire before you express your dismay

He can’t keep money in his pocket long enough to be a thousandaire. Witness the fact he had 800 in Bitcoin and now he has 0 but a nice tattoo.
On the plus side, I had in mind one more tattoo, but he showed me one that I think I’m going to add. He’s full of hunting and nature scenes, and is getting a geometric set of moose horns. Think I’ll get the same, based on the moose antlers of the moose I shot a few years ago.
Then the unit circle for my masters, then that’s it.

If you don’t want him to get a tattoo, just get it first. Crisis averted.

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We’ve had a lot of days up or down 1%+ lately

Yeah I need some volatility in the market and crypto. It’s been boring.

I glanced at the markets today and had the exact same thought.

Mine went down and I was sad, but now the numbers are green.

I actually wanted to drop like $10k into Facebook yesterday but my partner said no. They think it’s on the way down, long-term… I don’t agree but for a little benefit I wasn’t going to contradict them.

Woof, my portfolio increased by 5% today.

Thanks to a combination of Chinese stocks and one of the cryptos blowing it up