stock market crash

[scooterscot]

As previously commented, I don’t directly own Tesla stock. I prefer investment Trusts.

SMT.L is my core holding, and I also hold EWI.L to a lesser degree.

These combined due to the weightings means TSLA is indirectly my largest holding. Oh and SMT.L invests in SpaceX as well.


Suggest everyone reads this before dismissing TSLA. The guy makes a very strong case:

Tesla Stock Value Forecast: Worth TRILLIONS by 2030

As always DYOR

All possible. But if a trillion dollars is worth one banana in 2030 then the prospect of riches of kinda of mute.

[scooterscot]

Scooterscot sold some of his portfolio because it held too much Tesla. I’m going to hold.

Lets see how it all pans out. So far, the price has kept rising.

I've never held Telsa. It is true though, I sold out of equities more than a year ago. Portfolio would more or less be the same value today had I done nothing but a little lower because of UK FTSE exposure.

Using price action for decision making is like using the rear view mirror when driving. Dangerous.

[scooterscot]

No ftse updates lately from our resident chartist?

No idea myself.. either 6000 is the support level, or someone will tell us 6200 is the ceiling and it’s going to crash horribly.

I told you months ago, 4000 is the end station. I don't see anything in the charts that would cause price action to avoid that. There's a lot of evidence for it.

Recovery will not occur until 2021 or 2024 - all depends on the type of correction we have. If the policy to keep dead businesses afloat continues, it'll be 2024.

[scooterscot]

Can we just take a moment to bask in the glory of my CNA trade? There are people on here who continued to lose money over the last 10 years holding that stock whilst I made a 50% gain in a few months.

[Old Greg]

Can we just take a moment to bask in the glory of my CNA trade? There are people on here who continued to lose money over the last 10 years holding that stock whilst I made a 50% gain in a few months.

Alexei is 300% up on AMD.

[scooterscot]

Alexei is 300% up on AMD.

Congratulates on your winning trade

Did you take profits yet?

[Old Greg]

Congratulates on your winning trade

Did you take profits yet?

Let Alexei know what your advice is and I'm sure he'll act accordingly.

[TheGreenBastard]

Can we just take a moment to bask in the glory of my CNA trade? There are people on here who continued to lose money over the last 10 years holding that stock whilst I made a 50% gain in a few months.

SMT.L has performed just as well, NASDAQ and S&P too, meaning: everyone's winning. Hell, my oil trades are +80% in a shorter time frame.

How are those imaginary crypto and FTSE shorts doing?

[BABABlackSheep]

I've never held Telsa. It is true though, I sold out of equities more than a year ago. Portfolio would more or less be the same value today had I done nothing but a little lower because of UK FTSE exposure.

Using price action for decision making is like using the rear view mirror when driving. Dangerous.

Yes sorry wrong person.

So.. you’re the guy based in Germany in the bobble hat?

[Old Greg]

Yes sorry wrong person.

So.. you’re the guy based in the Thistle Hotel Heathrow with the gimp suit?

FTFY