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  1. V

    Lumber/Plywood

    It's all about profit margins. A small % goes a long way when dealing with a huge amount of lumber. They now call it something like wet dimensions vs dry/kilned dimensions. I own a couple of old houses built around 1920 with old growth wood using true 2x4's. The old studs are 2 inches by 4...
  2. V

    Lumber/Plywood

    I noticed the same thing at the lumber yard. Scrappers are going to stop ripping out copper pipes and start ripping off roof and wall sheathing.
  3. V

    GBA's "2021 Stock Phantasma"

    D'oh! :banghead: $WRAP
  4. V

    Does trendline work?

    :D
  5. V

    GBA's "2021 Stock Phantasma"

    But it did spike to 41 before people realized it's not the resorts.
  6. V

    FOMO and Pump and Dump

    What I am getting at is that the pump and dump or ponzi schemes have been around for a long time, before the internet, and they will continue just like smallfil said due to fear and greed.
  7. V

    FOMO and Pump and Dump

    Just found these after a quick email search. I came out ahead in these things but I bet most lost money. I wouldn't be surprised if I had a bunch of bitcoin that is now lost since that was also part of their ponzi schemes.
  8. V

    FOMO and Pump and Dump

    HYIP's in the 2000's were straight up ponzi schemes and it was exciting, almost like a video game, to partake in. The goal was to cash in and move on to the next one before it went belly up. I believe talkgold.com was the forum for HYIP's.
  9. V

    Book recommendation request (Commodities )

    OP - Market Wizards has some sections on commodity traders. Carley Garner has some intro books. Jim Rogers Hot Commodities is another recommendation.
  10. V

    Book recommendation request (Commodities )

    Which metals do you like? This would be a good long term IRA play. https://www.google.com/amp/s/seekingalpha.com/amp/article/4132250-likely-rise-of-electric-vehicles-and-impact-on-metals (article from Dec 2017)
  11. V

    Coupang

    whoa, someone actually reads those things? and does their own calculations!?! :sneaky:
  12. V

    GBA's "2021 Stock Phantasma"

    DS is at an interesting spot now and it happened within only a couple days. It might get a good bounce here. (daily)
  13. V

    GBA's "2021 Stock Phantasma"

    What a freaking run that was! I got shook out during the first couple minutes of earnings for a small profit I had position at $64.80. I couldn't find a good re-entry but in hindsight any re-entry would've been profitable today. I have a holding in my IRA so I didn't totally lose out. Ugh...
  14. V

    GBA's "2021 Stock Phantasma"

    Thanks for the tip. Made a quick 10% trade :thumbsup:
  15. V

    GBA's "2021 Stock Phantasma"

    Impatience and greed are some of the toughest qualities to handle with what we do. Opportunity cost wears at me while I am impatient, waiting for a good idea taken via a trade to unfold. Then once it goes the direction I am hoping, and I am anticipating oooh when do I get out? It's a constant...
  16. V

    GBA's "2021 Stock Phantasma"

    That Roblox is a tough one to trade long. Shorts have been killing it. I'm familiar with the game as my son has played it for years. Some sort of NFT marketplace could work in it but it would require great programming. I keep trying to limit my loss in case the bottom falls out so keeping a...
  17. V

    GBA's "2021 Stock Phantasma"

    I got in a little earlier. :D
  18. V

    I'm new to the site. Who are the "real deal" handles here?

    www.therabbitholechicago.com
  19. V

    Nasdaq has topped

    I didn't mean that in disrespect. It did turn red and I did see what you saw (to an extent) so it's worth the R:R. If you're wrong then you lose some money and move on. So many feathers ruffled in this thread.
  20. V

    Nasdaq has topped

    The 'signal' could be the daily MACD turning red.
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