Long Position on Silver and Gold?

[Sawin]

Buy the VIX... volatility is the new black.

[MrPrena]

GME AMC (and maybeDDS) PUTS options are expensive.

Interested.

[arbol]

Best to ignore the rides up and down, and just have a straightforward stock market investment portfolio.

[MrPrena]

Yes and depends on what type of acct.

Just on securities Accounts are
- retirement vehicles ie 401k Roth IRA, IRA, etc.
-long term investment
-liquadable short term investment

Retirement besides Roth are all conservative with under 2.0 beta.
Long terms are ones that are beat up and has full of potentials.

[Aloha_Shooter]

Last few days there's been a few freezes due to the whole Gamestop and AMC debacle

It has been interesting to watch...

Most people don't grasp the fact that big investors (hedge funds, banks, etc) do this exact same thing on a daily basis.

Indeed. I think most of the people participating in the GME squeeze are leftists at heart. From my reading of their Reddit channel, many of them are in it not so much to make money as to put the hurt on the market manipulators. The fact they stand to make a ton of mony off it is just gravy. A bunch of them are going to get hurt but it's somewhat fun watching the market manipulators cry.

[Grant H.]

Indeed. I think most of the people participating in the GME squeeze are leftists at heart. From my reading of their Reddit channel, many of them are in it not so much to make money as to put the hurt on the market manipulators. The fact they stand to make a ton of mony off it is just gravy. A bunch of them are going to get hurt but it's somewhat fun watching the market manipulators cry.

Yep.

I would change a small detail in your last statement... I would say "most of them are going to get hurt..." otherwise I agree.

[Irving]

Is there a link to an article or something that explains what you guys are talking about?

[Grant H.]

Is there a link to an article or something that explains what you guys are talking about?

https://markets.businessinsider.com/...030009280?op=1

[BushMasterBoy]

My analysis: The DJIA is down over 600 points due to COVID19 vaccine shortage. This is the fault of the .gov & the military industrial complex. So the media line is blame some entertainment stocks. Meanwhile the National news reports using 10,000 troops to help move the vaccine awaiting recipients.

Blood in the streets, buy real estate~ Warren Buffet

Todays news link below

https://www.youtube.com/watch?v=c9Bai9cUmGI

[MrPrena]

This is why technical analysis is signifant.
I was explaining this shit to my former coworker and he usually put technical as insignificant and mainly look at fundamental as a factor.

Herd mentality and algorithm is where technical gets significant.


Lastly.... this GME AMC DDS is nothing new. You guys do not remember 2003? SIRI and TASR? (Now AXON).
They had very high short interest and CEO of taser even sue a yahoo finance board member (ID ubswarbird) for herding people and shorting their stock with fake financial info.
After this news go on, many of long got into those 2 stocks and they were top 25 volume leader and a huge gain.