Sadly, I had to sell 50 @ 728 and 50 @ 735 because we're about clear out of living money and can't sell anything else. Huge tax bill coming up, need new roof, and after new roof, Tesla solar panels and Powerwalls.
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Have fun staying poor b****:Cribbed from Reddit-TIC:
View attachment 624078
https://twitter.com/litcapital/status/1346092322312900609
Bad theory leads to bad practice.Elon's opinion about too many MBAs comes to mind....
To be clear, I think your caution was warranted. 2021 will be a rough ride and pullbacks will happen along the way.To a lesser extent. People sound invincible here.
OK I'll shut up on this (as the stock hits $740). Humble pie maybe.
If the Democrats get the majority in the Senate TOMORROW will the stock market drop along with TSLA? They are ahead in the poles. You longs should think a little about this.
After a long weekend what has occurred to me is I am no longer very good at predicting TSLA pullbacks. After the runup to closing cross the Friday before S&P inclusion, I expected a free fall in the after hours. Instead there was steady support at 680. I figured the next week there would be pull back after such a huge rise leading up the S&P. It dipped barely 10% from the ATH and went right back up. Then I thought if Tesla didn't far exceed its lofty goal of 500k deliveries, Tesla haters with deep pockets would FUD and artificially push stock down to control the narrative. Instead TSLA is at ATH's in pre market. I still expect a push down in the open, but I have been wrong so much. TSLA has changed with so much of the float tied up now with index funds and increasingly benchmark funds. It is time to reassess and just observe for a bit.
you're always trying to time the market and i don't know your trades but it seems like you'd be way ahead to STOP.
Don't forget a new roof installed as part of a solar installation is eligible for the 26% ITC tax credit. With so many people in need of new or resurfaced roofs prior to install, most solar contractors are very closely connected to a reliable network of roofers and can fold the cost right into your solar loan(or project cash invoice).Sadly, I had to sell 50 @ 728 and 50 @ 735 because we're about clear out of living money and can't sell anything else. Huge tax bill coming up, need new roof, and after new roof, Tesla solar panels and Powerwalls.
Yes but all the Democrats want to roll back the tax cuts for the rich.
I would imagine this triggers my $900 covered calls some time in 2021. That's my guess, but in reality it might actually be the subsidy faucet legacy carmakers need to stagger along beyond their natural lifespan.If the Democrats get the majority in the Senate TOMORROW will the stock market drop along with TSLA? They are ahead in the poles. You longs should think a little about this.
This was my original plan for the S&P inclusion i don't trade options)
- sell some % of shares at S&P inclusion $695 ...
- plan to buy back more shares on dip ...
- dip never materialized ....
I checked with him and have sorta edited the post. He claimed it don't make sense to have two words that mean near the same thing describing different things. And he never paid attention to the stock market and its fancy words till the Rocketman came around.Index funds? You mean, benchmark funds? They don't have have to buy with such urgency?
How about short covering?