Tesla’s trillion dollar valuation is fast approaching

Curious you use the word dumping. Tesla is in the biggest bubble of all time. Dumping could go the other way any day.

I thought that was supposed to be Bitcoin :slight_smile:

Monday morning at 6 market price.

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This means you are telling mcp do not buy !! BTW: Monday market holiday…!

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:grinning:

That statement implies @mcp is a fool not to get that immediately :slightly_smiling_face:

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But, WQJ is bullish on TSLA !

If EWT is right, TSLA will touch $692 = $388 (Oct 30) + (880-388)*0.618 !

I would fairly bet when it is $700 range.

Taking from other thread. In fact, I get more challenges from reddit than here ! When I told reddit TSLA will drop from $880, they challenged me that TSLA will touch $900 by Jan 15th, another person challenged me $1500 by Jan 15th.

If they win, they asked me to tattoo TSLA !

Well, if you’re a TSLA investor, I see no reason to sell :slight_smile: Why incur capital gain tax? After pull back is another new ATH anyway. If need money for trading, draw upon the equity margin to trade :slight_smile: short put (not TSLA) for income, etc. No need to sell TSLA.

However, if you don’t have any TSLA now and want to be a TSLA owner (or just for a trade), then I agree with you to “market time” the purchase. No-no to short :slight_smile: if insist, long some puts for kicks.

But MCP question is => what would be the right entry point?

Even you are telling if a person gets around 10% below bottom, that is nice.

My aim is to get less than 2%-5% from the bottom, like FDX - strike at right time for better return.

Tesla is a close second

I have no access to your proprietary algo :rage:

@Elt1

WB is fossilized in the gold era. Bitcoin, just like gold and RE, is a store of value - buy bitcoin if you’re bearish on dollar. He bought gold since he is old school. Anyhoo, dollar is almost due for a re-bounce (before continuing downward trend) - opportunity to grab bitcoin if you haven’t - if you can tell when the re-bounce peak.

If you get it, you will not only beat WQJ, but also Elon Musk :rofl:

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No, WB is famously against gold.

I don’t believe in the Easter Bunny, UFOs, Bitcoin, right wing conspiracies, environmentalists conspiracies, Elon or Trump

No wonder your NW is below $27M. Those who believe in him are now multi-millionaire.

Elon has a cult following. Concentration of assets can cause quick wealth accumulation and can also cause bankruptcy. I don’t need to make more money. Just interested in cash flow and wealth preservation.

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It is past tense.

Do you still feel TSLA will take 10x from here? How big TSLA can grow from here 800B?
Will it supersede AAPL Mcap in near future?

TSLA is clearly overbooked & Over cap position, now getting corrected. Once it touches bottom, there may be over corrected and that will bring back growth.

That is what TSLA is going through now. From now onwards, TSLA will be stabilized on its ROI, growth prospects.

Investors must carefully do fundamentals and then grab it low price and they can not expect the same growth speed from now on.

If it touches $700 and recovers, TSLA will have good growth

If it touches SMA 200 at $600 level, TSLA growth will be flat prolonged period like that one here (green square)

Who can guarantee the growth?? Only TSLA order book, delivery and ROI.

Cathie clearly displays hypocrisy, selling TSLA stocks on Dec 31, 2020 and later 5 days after promoting TSLA on TV that it will touch $5000 in 5 years.

You are mixing long term view vs trading around the core position. Technically (not EWT), TSLA looks like will decline to $700-$750 over 1-2 weeks, then it could resume rally or continue to $450-$500 level. So Cathie is merely trading that. She has said many times, she is an active trader + 5 years’ timeframe investor.

As I told you a few times here, many people like to have a core position and then trade around it. I called these people investor-traders.

There are also pure traders like you, who doesn’t hold core position (may be now trying to be investor-trader, MRNA and BNTX, which I am not sure how long you will hold although you claim will be at least two years). So traders like you tend to go all-in and all-out, and don’t hold bags.

Ofc, there are also pure buy n hold investors like @wuqijun (AAPL TSLA FB) and me (AAPL only :slight_smile: ) who don’t sell regardless of macro and short-term headwinds. Also don’t trade the tickers.

Finally you need a glass that can see shades of gray rather than only in black and white :stuck_out_tongue_winking_eye: Having said that, you are better than @manch who always has a blinker on.

I understand long term look and short term trade…etc. There are people believe Cathie and take action, that includes you too.

You feel TSLA => ( F-10 & MSFT are in limbo except TSLA and BIDU )

When Cathie says long TSLA can go $5000 in 5 years and WQJ says buy TSLA next day open price, do you trust them, will you sell your put and buy TSLA stocks tomorrow at open?

If so, please post your purchases as proof.

If not, why or what reason you do not buy TSLA stocks when two great investors are bullish?

This is not a forward-looking statement :face_with_symbols_over_mouth: I am talking about what happen from the past few months till last Friday close.

He was joking.

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