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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

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I have a simple investment plan of 27.5% US S&P500 index + 27.5% Can. TSX index + 27.5% Global index + 17.5% fixed income. My ONLY stock is TSLA, and I've capped it at 10% of my portfolio. Since June, it's gone from <6% of portfolio to, as of today, 10.2% of my total portfolio. So to stay within my plan, and keeping with buy-low-and-sell-high strategy, I should sell some of my TSLA.

Must. Sell. TSLA.
Must. Sell. TSLA.
Must. Sell. TSLA.
Can't. Sell. TSLA.
Can't. Sell. TSLA.
Can't. Sell. TSLA.
This is so hard!

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F*** me, this is getting serious!

Think I need to cancel my lower sell order that I setup in case of a fast squeeze - now it's here I realise I don't want to sell :)

And now I have an appointment at the dentist...
I canceled all my sell orders this morning.

Maybe the old guys who keep hollering at us to HODL might know a thing or two.
 
In all seriousness though, unless a squeeze really does happen I would expect some more consolidation later this week. More experienced traders, would you agree?

I'm not experienced, but I agree. TLSA is currently far, far above the upper boilinger band, and I bet some people will consolidate later in the week.

Not to go back below tree siddy, though. ;)
 
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In all seriousness though, unless a squeeze really does happen I would expect some more consolidation later this week. More experienced traders, would you agree?

I keep continuing to expect an intraday pullback of 2-3% from the whatever the current high of the day at any given hour today but buying volume consistently appears when there's a pull back of .5-1%. If that continues and/or keeps pace with any downward pressure, then to me there's hope of 400+ this week.

If you're bullish, then you're looking at today like "We just blasted through multiple levels with not much selling pressure......which tells me the current stock holders/buyers are in it for much bigger gains"
 
There is one thing, and only one thing, that a momentum trader is guaranteed. That is higher volatility than does almost any investment thesis that depends on fundamentals. Nearly every active trader I personally have known has also liked casino gambling.

Casino gamblers are guaranteed losses if they continue to play, the only exception being an unusual one in which a player can gain consistently in some games of skill.In the end both casino winners and short seller winners succeed only if they can induce others to lose.

Today is just like a sudden run of winning cards in poker. Fun while it lasts.

I admit it; I hope the shorts become severely burned. OTOH, even that produces temporary massive gains.
 
Man, for the first time ever, I spent some time reading through Mark Spiegel's twitter feed. I read tweet after tweet, on and on and on. One delusion after another. I was thinking to myself subconsciously - how far back (in time) have I gotten after reading a couple hundred tweets? Maybe 3 months? Possibly more. But, the tweets were about more up to date stuff so I was confused. Finally decided to look at the date and oh my, I only made it back to Dec 13th.

This guy is ATE UP!! I mean he has gone totally mental.