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If you got to the best Uni in your country you are at the peak given your circumstances. And 12X average salary is what you would expect. I was an Oracle DBA & PL/SQL programmer as well as a UNIX sysadmin at my last job in 2011 before I got fired and I only made $118K and that was after 19...

The first generation threadrippers had a serious issue with the Windows scheduler and really couldn't utilize all the cores especially the 24 & 32 core CPUs. As a consequence the 2950X (16-core) was just as fast as the 2970WX (24-core) & 2990WX (32-core) CPUs. I have a box with the first gen...

The Euro will be dead within 5-6 years. It was always bogus construct meant to benefit France & Germany from the get go. Selling cheese & heavy machinery to the suckers of the PIIGS. A currency with no debt issuance authority? That's a joke. Only idiots like Helmut Kohl and the psychos from...

As long as rates have peaked, even short term they should do better. I bought calls on AGNC (Oct 2022 $9 calls). It was just $12 2 weeks ago (~$9.15 right now). I think the panic of higher & higher rates has subsided at least somewhat.

Good call, again. Thanks to some help from the UK Exchequer. Of course the indices are still very oversold if you believe in RSI having any value.

It could work but it ultimately depends on the company's balance sheet -- so its a case by case scenario. I mean years ago I remember JCPenny getting rid of their dividend and it was just a short because their segment of retail had gone down and their balance sheet was terrible. It went from...

All the major indices are at 20 or less RSI on the daily. Lower from here will be difficult short term. edit: UUP at 81 RSI means the US Dollar is set for a breather. Probably goes sideways to down until the next country breaks.

Doesn't matter what they are. This market is doomed without some sort of intervention. And these stupid Nasdaq rallies are just a waste of time. I guess its just scalpers trading back & forth. Sooner or later there is going to have to be a Plaza Accord type solution like in 1985 when we last...

Sentiment in this market is so bad, you have to wonder why anyone would be buying in this market. I think the fear gauge went below 25 (out of 100) which is usually very negative. That rally at the end on Friday and this morning didn't make any sense to me. And now there's a raid on the...

If the Fed is serious in keeping rates high, then yes the S&P can drop 70% especially if the bloated P/E of AAPL, MSFT, etc. come down. The most bloated companies reliant on free Fed money via VCs are dead in the water. So NASDAQ could drop 80% again.

Palantir is just another worthless zombie company propped by the free money from the 2009-2022 Fed. All they are good at is losing money. They've lost $2.8B in the last 4 years. What else would you expect from a worthless SPAC, in October 2020 no less.

Just be glad you didn't go long the GBPUSD. I don't think I've seen any G7 country currency drop 3+% in a day since the GFC back in 2008.

Maybe they are but the entity as a whole continues to lose money quarter after quarter. In the last 4 quarters they have losses of $100M to $273M. Their cumulative loss is $700M on $5639M in revenue. -12.4% Net Operating Margin. If you add back their R&D expense ($541M) they would still lose...

Yeah Sun Micro got rekt by that bear market. It never did recover but its hardware continues at Oracle and the software I think is owned by Mozilla (their Netscape division). PSI Net and those "free" ISPs all collapsed in the end. I guess DoorDash & Uber are like the free ISPs of the late 1990s...

I remember the 2000-2002 market very well. It was the first bear market I really saw since I started investing in 1993. I held on to SUNW & CSCO too long. I think at the end I lost like 70-80% on those companies. I remember in 1999 Jack Bogle used come on CNBC and tell everyone to increase...

For these overnight collapses you should just short MNQ, M2K, MCL (Nat Gas is too volatile for me). I bet in a few hours these markets will recover at least Fibonacci levels. NQ range is 11600-11380 right now so it may get back to 11510 -- it probably won't recover more than 50% most likely...

UVXY is good for trading because it is very liquid, however UVIX is better for longer-term holding since it is actually a 2X ETN unlike UVXY which is only a 1.75X ETN. So if UVXY goes up 100% UVIX will go up 133%. Ultimately it would mean sustained 50% rise in the front month VIX futures...

Any company going public via SPAC is suspect. SPAC means even the lowest of the low IBankers wouldn't vet your company. There's an endless parade of worthless companies that went public via SPAC. I personally blame the exchanges to allow this nonsense.

Its probably going straight to the June lows and probably lower. Massive demand destruction from the end of ZIRP. Really shocking to go from ZIRP to Volcker level rates -- well at least 5-6% probably not 20%). The ARKK stocks probably go down another 50% except for Tesla. The strangest...

With idiots like this running your bank you are doomed. Negative was always a joke created by the lunatics at the BOJ. All negative rates does is cement the Oligarchy that already exists. Its a complete disaster. US never even had negative rates but the low rates completed distorted the...