Now, I see you are frustrated by Powell ! Every FED acted the same in the past. This has been like this in year 2001 and year 2008 and even old recessions.
Whether you like it or not, blind investors will feel same way. Otherwise, why the old investor WB needs to keep 150 Billions in cash mode, when all analysts were bashing him left and right, waiting for opportunity to buy companies !
When markets like this, his billions keep on increasing !
I am frustrated by him short term but I know it will make little difference in the grand scheme of things. So I will delay my gratification into the future like what an intelligent investor should do. I have time. Let’s see how this ends.
Sold other stocks, purchased more TSLA @$209, lowering avg purchase price to $232, about 10% higher than current trading price.
Prof Leo can’t support TSLA price anymore, he runs out of cash.
If $206 holds, possible double bottom. Need a few weeks to confirm.
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Similar situation as in dotcom bust.
He will always keep money between 25% and 35% of total so that he dips during every two years correction or big recessions.
His winning success is behind this cash position, when blood on wall streets, he will go and buy everything he likes !
Purely big investors game (Theory) established in 1956 (Kelly criterion - Wikipedia) !
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Read about many really rich people keep that much money in cash. Didn’t realize is a formal theory. I keep 5% 
only
Price action will follow the earnings. If earnings are meeting expectation then it may slightly raise & then fall, if earnings are bad we may see a huge drop followed by recovery…
YoY inflation numbers will surprise in December, and we may have a short-lived Santa rally…
Note: All the above is just random guess based on observation & is not based on any fundamentals / long term prospects.
This is what I have been telling them so far…market priced in TSLA at $50% YOY growth, now the dispatch proved they are about 40% rate. Still need to see results.
Fundamentals, esp revenue/income drives the stock price, but they blindly believe Elon Musk is magic maker of stock price !
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Scaling in doesn’t need to guess. No need to try too hard. If drop, buy more. I am not trading. I was swapping so timing is irrelevant. Using cash would require deeper analysis.
This is really blind faith. It works as long as you have cash reserve.
See in year 2007, one bay area company reached peak 600B (you can guess), as top 1 beating even AAPL, market valued with high growth. They issued generous stock options to all employees at $32.7 holding period of 10 years. Market dropped by 2008-2009, years passed and all stock options went waste (under water) worthless. Now that company is not even in top 200B category ! If some company is over valued pre-recession, it may take many years to come back.
I am not telling TSLA will be or will not be, but it is left the person who puts money they need to think about this.
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I don’t have faith in EM. I don’t like him.
Somehow you like @manch have reading comprehension 
Thank for the advice anyway.
What I was doing is reducing the number of stocks in the ESG portfolio. From 7 to 4, about to become 3.
You may be jumping from frying pan to fire too ! Either swapping or buying from cash, it is one and the same !! For example : If you are swapping AAPL (in case !) for TSLA …!
It is ultimately your ROI that matters over a long term…
Any way: I stop here on this topic as it is not my concern whatever way you do.
Like @manch, presumptions.
Guess you didn’t realize that the implication of above statement is people don’t know what they are doing and you know best attitude.
Tesla is going to make a killing off the IRA bill.
The subsidies are insane and basically ensure Tesla will be able to have the demand and high profit margins in the U.S for many years.
My goodness 
Where did he get the cash? On margin now?
Please stop scaring yourself and other people.
