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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.07-0.1%Nov 6 4:00 PM EST

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To: TobagoJack who wrote (137439)12/26/2017 7:52:24 PM
From: Maurice Winn  Read Replies (2) of 217561
 
Hoping to be bought out of QCOM by Broadcom but it's a work in progress. That will make me nearly all US$ and NZ$ cash, with a couple of houses as material assets. I have also committed to buying a Tonka Truckload of Tesla at some time in the future, by shorting a load of TSLA at $339.

Having cash is a crime against humanity and should be a very temporary state while phase shifting to something useful, or at least defensive as the end of the world as we know it can happen at any time and probably will because it has always done so, and often at times when things seemed quite hunky dory. In fact hubris is a Greek curse that applies to golf, and nearly everything else in life.

Shorting Tesla is a bit like shorting QCOM late 1999. It is not a vote against Tesla or Elon Musk but against the shareholders who have bid it up way too high. Since 1986 I have been a paid up electric car enthusiast, but that doesn't mean at any price. Just that it seemed a metaphysical certitude that one moving part with cheap energy supplies would beat the compressed industrial revolution of a whirling dervish of 1000 high speed moving metal, belts, fuel, flames and fluids, fans and failures. The engineers managed to stay competitive and electric is still not a done deal.

It does look as though electric might finally get a grip. But not without 7SSS stations. Parking for a long time to get a part charge and lugging giant expensive batteries around is no way to run a railroad, or design a car.

I would like to invest in CDNA [tm] - Cyber DNA. Or my idea of how money should actually be done. Bitcoin is a Johny Come Lately that arrived complete with poor design that dooms it.

Mqurice
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