Buy the dip for your lip yee yee

There’s an old Dilbert comic I haven’t been able to track down where a recently enriched Dogbert patiently explains to Dilbert that the rich didn’t get to where they are by giving their secrets away for free. The punchline goes something like “Rich people are too smart to desire your company.”

stonkstrump

cqaaidm

If you’ve been taking Trump’s investing advice lately this would be a great day to reconsider whether he’s more interested in your account or his economy. More broadly, you may want to reconsider the conviction that his interests will never be in conflict with yours.

(H/T LizardKing for basically all the memes I’m up to date on.)

About Aeoli Pera

Maybe do this later?
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23 Responses to Buy the dip for your lip yee yee

  1. MM says:

    Dont know if these will embed but there a bunch more dumbass tweets from today as well.

    1.Corona virus hits oil demand
    2. Prices drop like a rock.
    3. OPEC wants everyone to cut production, Russia walks away from meeting.
    4. Price war that nobody but Saudi Arabia can win because their oil is the best, least expensive oil to process in the world. Prices fucking crater.
    5. US oil prospecting and production takes a massive shit, and can no longer pay for hundreds of billions of dollars in cumulative debt service. This gets passed along to the banks that gave them the loans at the exact time these banks are already getting fucked by rate cuts from the Fed to keep the economy propped up temporarily during the corona crisis. Heavy dominoes falling.

    There is nobody in this Government, right or left, that cares about you.

    They don’t give a fuck if you die as long as big red line goes up and they can manage to get re-elected.

    Economy is going to be FUCKED, high probability of full on recession.
    As in SPY to 250 or lower by April unless they go full QE unlimited.

    Even if the economy somehow makes it through the virus without cratering (-50 percent correction within next 4 months), the measures the Fed will take will pump too much liquidity into the markets and cause nasty inflation, at least of equities. And there wont be any bullets left to stop the recession then (except for shit like, youknow, actually making America great again and making a real economy. HA!)

    Buy puts or inverse etfs on major indices if you want a straightforward method of capital preservation/growth. Strikes 20 percent OTM and a few months out for safety.

    The cynical melon take:
    this is truly a once or twice in a lifetime opportunity to print money for yourself if you open puts on the right things at the right times and account for the activities of the Fed. There are also loads of companies like INO (inovio) that have run up massively and have to fall back to reality (INO is a trash company that is pumping based on them saying they can make a corona vaccine. Good old fashioned pump and dump. Shit is going back to sub 5 dollars by Nov, likely much much sooner)
    Yes, I am personally doing this and it is fucking BROKEN how up I am. I keep rolling puts into the sectors about to take a shit. Close out when at strike, roll out new ones. Keep money for the green days that such volatility brings, and the percentages get even better (these oppos will go away as things get more serious. Fewer bounce backs)

    Good luck.

    • MM says:

      ^INO was at 17 dollars when I wrote this yesterday and is now 6.50. Free money in life changing quantities. Put the ’tism to work.

      • MM says:

        (to be absolutely clear: puts make money when stock goes down, with delta changing most around strike from OTM to ITM. Above is in no way a “buy the dip on INO” message. It prob will be pumped up again though, and will be a prime put oppo once again)

  2. MM says:

    • Aeoli Pera says:

      Actually quite sensible.

      • MM says:

        Absolutely. Point was to provide another piece of evidence, and show what a country that cares about its people actually does in this kind of a situation.

        HA! I just had a thought.

        If Israel still gets a Corona outbreak watch our government send them copious amounts of medical supplies that are desperately needed here.

  3. MM says:

    Shit I almost forgot this little gem

  4. Mycroft Jones says:

    According to van Rensburg there will be a worldwide financial collapse, to such an extent that Britain’s navy is useless. It is questionable that this is the trigger. I see it as a possible chain leading to the dissolution or rectification of the Fed, which in turn leads to greater prosperity for the USA. USA still has to get prepped for WWIII, and none of its bio-weapons so far match the descriptions of those that will be used in WWIII. The drone technology is coming along and almost matches the hundred year old prophecies. There are a few events that still have to happen before WWIII starts.

    • Aeoli Pera says:

      Britain’s navy, eh?

      • Mycroft Jones says:

        Britain’s navy at the moment is an important part of the US navy. You could say the two are joined at the hip. However, when WWIII starts, Britain’s navy may or may not be effective again, but America’s will definitely be fully functional, enough to keep India and China out of the Atlantic while fighting Russia in the Mediterannean and defeating China before they reach Oregon.

        • Aeoli Pera says:

          I don’t believe you know very much about this subject.

          • Mycroft Jones says:

            Have you studied van Rensburg’s prophecies enough to evaluate my knowledge of them?

            • Aeoli Pera says:

              Your knowledge of naval alliances and strategic goals.

            • Mycroft Jones says:

              As for naval alliances, I spoke of the US/Britain link as common knowledge. Things could have changed in the past 5 years, but that would be quite a shift. I made no representation of strategies, goals, or strategic goals, because those things are outside my knowledge. Outside of the part about the US/Britain naval alliance, I repeated what the Seer prophesied. Future proves past, to quote Q. If Rensburg just said things everybody knew and expected, how would you know he was a prophet? Many of his predictions seemed incredible, until they came true.

            • Aeoli Pera says:

              Today I learned not to argue woo with a TM, because they have a definite point to make and infinite stamina. If it matters then call bullshit and treat it as a behavior problem, if not then move on.

            • Mycroft Jones says:

              What are you calling woo, Aeoli? A man who spent his whole life reading the Bible, who predicted WWI and WWII before they happened, how they would start and end, who also predicted the rise of Nelson Mandela, President Obama, and then President Trump right after?

              The New Testament speaks of principalities and powers in heavenly places. Woo?

  5. Dumbo says:

    It seems to me now that with this combo coronavirus + stock market + dumb reactions that it is becoming unlikely that Trump will be reelected. I don’t know how a Biden presidency will improve things, however. But Senile Joe in the helm will be a nice metaphor for the decadence of the USA / West.

    • Aeoli Pera says:

      True, however if Trump fails reelection it will be due primarily to continuing demographic shifts.

    • aiaslives says:

      Even Biden says Trump will win!

      Biden is a few youtube videos away from being a laughingstock. Trump needs to upgrade “Sleepy Joe” to something better.

      Biden has a lot of skeletons in his closet (literally?). Him being accused of p*do connections with concrete proof will make the Lewinsky scandal look like an easy dodge.

  6. MM says:

    Update:

    Rise was after his bs market pump press conference with the CEOs of Walmart, Rite-Aid, and a few other globohomos.

    What matters to Trump during this outbreak:

    Conning his supporters into buying the dip and providing the big boys the liquidity they need to get out of their failing positions.

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