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horn4life

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Everything posted by horn4life

  1. So sell everything now? And don't come back in until rates are down?
  2. Well I guess we can all agree that this year has been a very, very, very good year for Comrade Putin....
  3. Since China put on a tariff, there has to be a response of a higher tariff from Trump. Right? That's was the threat at the outset. Correct? That was what Bessent was saying. I know a few folks that work at Apple and a good buddy has more than a million in Apple stock. Watching a "safe haven" tech stock like Apple erode is heartbreaking. It's not like you can flip a supply chain in a day!?!? The bad news is Trump would rather see the Dow shed another 2, 4, 5 or 10,000 points... rather than admit he made a mistake. And that is what is truly terrifying to me.
  4. Yeah - at 5 am dow down 580, by 5:30 it was pushing down 800, at roughly 6 am. right at 1100 down... So yeah bloodbath.
  5. Let me explain something. And this is very fucking simple. The historical models and charts do not apply. Period. Once you understand that you will realize that the market crash today was not a big deal to this White House. What would have been a HUGE fuckng deal was if Trump had given his speech before closing and you could see the markets falling. That would was the only actual concern about anything yesterday. And if you think you can plug that kind of psychosis into some stock charts, you are as fucking looney as our President. So please, please , please... stop putting up historical charts that do not have any factoring in of the stupidity we are inflicting purposefully on ourselves.
  6. Yeah. But for me the cool thing about this correction is it was entirely made by one man, after hours yesterday. And THAT is what makes it not normal. Can you really not see this? The fantastic fucking thng for me is that this was very easy to see coming. You can make a shit ton of money in this environment. It's just not betting long right now. Predictable tariff stupidity. My UVIX is up 40% today for example. While market moves and corrections are indeed normal. This was the proud work of a man, and THAT is NOT fucking normal. While it would make me a killing, I just pray this push downward is at least somewhat muted in Asia and Europe tomorrow. If not, that could roll back around and cascade more downward pressure into US markets for another dose of US Economy the game Friday morning... Normal... wow...
  7. The good news is this morning you will have Howard Lutnick explaining how marvelous this all is on CNBC. I am checking to see if Scott Bessent is going to go on Bloomberg. Last time Lutnick and Bessent did the rounds to calm markets I made some good coin on my UVIX. Those two just non-sensical stuff, that leaves the listener less rather than more confident. So is 1200 down on the Dow premarket today's bottom? Or does do we have further negative downward momentum. Have all the sellers bailed pre-market and the buyers are going to roll in? Listening to Jim Cramer last night he was showing an interesting chart saying that a lot of the options have a ton of volatility though this Friday and calm down going into next week. So maybe this week will be a bottom? Who the hell can predict anything at this point. Bessent explaining yesterday how other countries should just take in the tariffs and not retaliate. That utterance shows the complete lack of understanding on how tariffs have worked all though history. One tariff begets another tariff, which hurts both economies. Just basic fucking Economics.
  8. Apparently "Liberation Day" did give achieve one goal, it liberated a lot of those captive 401K dollars that you have been stacking the last few years, freedom! Those dollars are now free to leave the confines of your 401K and brokerage accounts...
  9. The cool thing is, normally the freshmen business majors are bored shitless with ECO101. As normally you have to look at how policy or economic pressures influence economies and indirectly stock prices. What might have normally taken several years of policy change to influence and economy now has been compressed into two months a semester. It would be fascinating to hear the arguments presented by freshmen as to what the economic impact may be? Just to hear as freshmen what their views are. Do they think that historical data regarding stumping economic growth is still the most likely outcome? The thing that is dumb to me, is that I understand the goals of the administration and how to get there. But from a logistics standpoint how does a CEO of any US company with a multi-million diversified supply chain know what is the smart thing to do? And how to do it in several weeks? Impossible. Assuming of course the policy does not reverse the moment you make a decision? To me it would be fun to be a freshman again, and argue what path you think different aspects of the economy might take. I had a good day after hours today, because of ECO101. HA! had to look it up because ECO 101 did not sound right, ECO 301... Forgot about the credit hour prefix. I would be very curious to hear if any freshmen thought there would not be large retaliatory tariffs?
  10. The only reasaon Trump did not announce this during market hours was because of...theatrics. Because seeing the market tank as Trump bloviates is too fucking easy a Campaign Ad for the Dems. Like I said, I only wish I had more money to bet against this administrations 1890's policies. I was shaking my head today as I saw the selloff turn into a positive day. And who knows, the same folks that shot Newsmax to the moon .Would have been a lot more fun for me to see the market tank as Trump spoke, but when you are playing US Economy the Game, the optics are more important than the substance. Listening to Kudlow (which I don't watch because of the lack of facts) it was fun to watch the stages of grief. Right now it's denial, with Steve Forbes moving onto anger... Tomorrow will be interesting
  11. I think there is one thing the Aggies really, really underestimate. That is that no matter how big your salary, you have to move your family and live in fucking College Station. THAT is what made Maryland so attractive to Buzz! Not living in a shit hole, is very, very attractive to most folks.
  12. Newsmax tells me how hard the market is going to crash. Blind enthusiasm for a stock like that sort of explains to me why the norms of the market are not applying. There is still a huge political enthusiasm in the market. I only wish I had more money to bet against it.
  13. I don't have a comment. I just came here to laugh!
  14. $101.95 PREMARKET. Well, shows you how many retail investors are just waiting to get fleeced...
  15. Not if you bought NewsMax on this mornings issue! And who said there wasn't a Trump trade anymore! NMAX price at 10:45 AM $50.08, Up+40.08. or a nice little 400.80% uptick for the day. If only there were options... 😉 or bought while I was typing.. well two minutes later up to $59.25...
  16. And that is also why one of the time honored phrases of value in real estate is, "Location, location, location!"
  17. Guess I was free associating diamonds and gold. But I bet some of his friends call him diamond... 😉 On thing I hadn't really thought about regarding tariffs wil be the effect on auto insurance. insurance and housing have been some of the stickiest and worst drags on disposable income. If the replacement parts now cost 25% more, what percentage of that cost is factored into your monthly premium? I would assume the actual cost of parts is a fairly large component of the policy coverage? Will large used car parts dealers (which Insurance uses a lot) bump their prices to match new parts costs increases? Or not take that profit margin until they are forced to? 😉 If folks stop buying new cars, that will even further push up demand for a finite number of used car parts. Which all brings me to a stock that I can potentially take interest in betting on rising. MP is the other one I have a small taste of right now. LKQ - up 1.84% this last week, and .46% on Friday's bloodbath. WARNING - I have not done a lick of research on the stock beyond what I just searched for as I thought about used car parts. Anyhow - if it when up on Friday I am going to add it to my watch list. Could be completely unsound financially, but maybe worth taking a glance at? Anyhow there will certainly be pressure on auto insurers to increase their premiums, to cover the inflated costs of replacement parts.
  18. Jamie Diamond brought back about 4$ billion recently . If you have a 10% tariff on a commodity or a 20% tariff on a commodity, then the cost of that commodity goes up 10 ro 20%. Diamond and J.P. Morgan think it's smarter to have your gold delivered for the cost of shipping. Rather than the cost of shipping, plus 10 or 20% in a month. https://www.theguardian.com/business/2025/feb/01/jpmorgan-gold-bullion-trump-tariffs. Article is a month old. If we are lucky...
  19. You know when you sit back and think about it we have sort of dodged a bullet. If not for the massive level of incompetence, we were very, very, very lucky some dumbass add Jeffrey Goldberg to the INCREDIBLY FUCKING STUPID group chat. If not, the only folks that would know what a fucking security risks these dumbasses are, would be Russia and China. A billion dollars says our Russian Agent DNI appointee, was on her private fucking phone. Anybody want to bet otherwise.
  20. Hell I am the point where I am just hoping we have elections in two years. Right now I could completely see a GOP congress in lock step postpone the Federal Elections because of some Declaration of Emergency. I hope like fuck I am wrong, but tell me what GOP congressman or Senator would stand up and say no? They would actually say... yeah... if we can ever get past this emergency, we will not only have elections but President Trump will release his health and tax records! If we are just patient... a few more years...
  21. Is anyone at all surprised that the collection of least qualified cabinet members ever, managed to do something stupid barely two months on the job? Anyone? Is anyone surprised that everyone thus far in the administration has lied about the classification of the information? Or that the real problem is the person reporting the stupidity? This is where we are now. There are not longer public servants, there are chosen sycophants, with loyalty to one individual rather than the American people. And that is EXACTLY the way Trump wants it. There will be nothing more than a collective yawn from the GOP. Trump is lucky, he has the most cowardly, feckless, and lacking of any moral compass Congress this country has ever seen. So you have a collection of the dumbest making the decision making, wholly supported without question by the GOP cowards of congress. This level on stupidity is going on constantly now. And it's not going to change. Just get used to it. And when something horrific happens, remember... it will be Biden's fault... I guess there is a small glimmer of hope with the Supreme Court, but with nobody to enforce the law against the Executive Branch... good luck with that...
  22. so... how fucked am I? Well parked the trailer at my neighbors after our monthlong coast trip in November... 2023... Unfortunately my Dad's back went out, and he was the care giver for my Mom, so I pretty much lost all of 2024, to family service, outside of a few trips. And this weekend my neighbor got a registered letter about a code violation, and I needed to move the trailer ASAP. Probably tagged it and the high winds blew it off, but long story short I did about two days of prep in one day, to get the damn thing moved. Of course this is the first time I have done absolutely nothing to it for more than a year. Roof looks like crap, need to reseal around vents and A/C, and have a small crack in my shower skylight. I spend about 3 hours just trying to recondition the slide out seals and clean out all the flaking from the roof from between the seals, but got everything working to clos us without tearing the seals. They are getting fragile with now maintenance. But now as you can tell the rig is getting beat up on top. Going to need to re-tape the seam on the slide out that is deteriorating, and decide what to do on the roof. Still have not checked the water system since winterizing it, nor the A/C as it have been just sitting. The only thing that bugged me was my electric trailer brakes were not working. Going to do some electrical testing next time out. Hoping it's not a rebuild on those, but hell it could all be rusted together after a year idle after a month in the sea breeze, even with a good washdown. So new roof for RV I assume? I need to make sure everything else works first, but I never had flaking before like this for sure, but the unit is 8 years old now and UV light eats shit over time, ESPECIALLY without any maintenance. But figure I need to come up with a plan to fix her and start using her again, or fix and sell her. But I want to keep her and hit the coast again. So what should be my plan of attack on the roof? Going to need to replace the awning as well.
  23. Yeah - that's why you don't keep your baggie behind your driver's license... But we all have our flaws, and fuck "It was the 80's". You would have had to have been a monster nerd not to have been around it to some degree then. And yes... coke is addictive... it is not good stuff. Sorry he fell short of your NFL Hall of Fame mark of success... But in the early 80's Simms was a genuinely nice guy. Like night and day hanging out with him and Craig James for example. Both like the cola, but one was a nice guy, the other was... a prick. So regardless of Simms flawlessness as a human, I remember him as an amazing football player, and a guy who did not let his status on campus explode his head beyond reason. He was a large part of the reason when I came to UT in 1979, I got to enjoy some pretty nice seasons and an undergrad. And for that I will always have respect for a guy who I liked on and off the field.
  24. That video gave me chills - the sort of guy you are happy to have represent your school.
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