Recent content by rickf

If you refer to the 2010 Flash Crash, while my memory is kind of hazy from that day, I suspect lots of folks tried dumping at a percentage loss (or had breakers in-place), but couldn't get a fill in that fast moving market. Market sells got filled who-knows-where on the way down. Speaking for...

With the Fed's magic wand back in the toolchest, IMO there's not much funny-money helicopter hopium to keep markets aloft as it has over the past ... 15 years or so. Ergo, my 'bias' is to the downside, which means I read any rally or bounce as something not to be trusted.

Good luck Ken....I feel your pain! Would you be able to offset that potential loss via being long some futures tonight? FWIW saying, one thing i learned the hard way during the GFC was to be flat over the weekends ... the market actions and swings right now are kind of feeling like those days...

Great writeup! I daresay anything with insane yields like Anchor, even if it was called a 'stablecoin', was an unsustainable fantasy and very few people had any business being in it. On yield alone I refused to even consider using some fun money to play with it. Anyone remember the 20%...

Wanna manipulate crypto? That's easy ... just get a certain ego-centric tech bro to tweet about it, even as a joke.

"But its holdings are so disruptive and transformative! You just need to be a little patient...." /sarc

"XYZ is down 45% over the past year but it's an excellent disruptor and will be in the pole position over the next few years, so it's an easy buy in large amounts today....." LOL But to the OP: while I think Munger is a crotchety and often out-of-touch guy (the "old man yells at cloud" meme...

I just think this .... person simply likes saying 'stonks' as often as possible. Because serious investors talk that way, right? smh.

LOL. Sorry, but it's hard to take seriously the recommendations or analysis of anyone using fanboi jargon from r/WSB in serious long-standing trading forums ..... next up we'll be told to 'HODL' or lambasted for not having 'diamond hands'. LOL, again...

No China stocks....I don't trust them, their government, or financial/economic data from there. Since I rarely 'trade' anymore, no momentum/meme/herd stocks (eg GME, TSLA, ARK, FB, whatever CNBC pundits are talking about week to week, etc, etc.).

Cue the Simpsons meme of "Old Man Yells At Cloud"...... he's indeed a dinosaur and representative of the Wall Street phrase "past performance not indicative of future results."

StreetSmart is beyond dogsh*t. It reminds me of the browser-based 'active' client from OptionsXpress years ago, whicih is what led me to ThinkorSwim in '07. And yep wrbtrader (good to see ya again!) is right: always have a backup broker. I moved my TDA equity portfolio to Schwab last fall...

Functional but still borked in places as of the NY open. 1/3 of my account is already moved out.

Spoke to my acct rep at TD, who I do like. Told them I was planning to move my acct but b/c this person was so good to me over the years (I rarely paid commissions, had self-directed access to planning software, etc) I'd do so gradually over the next few weeks so their personal AUM metric won't...

I'm out. Don't have time now, but will be opening with Schwab on Thursday. Hopefully that'll get me out of the current mess, and not get me trapped as a TDA customer during the integration. I've been acquired enough times over the years (OPXS, OpenEcry, ThinkorSwim) to know it's seldom a...