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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (20948)	4/10/2018 4:10:31 AM
From: John Pitera	2 Recommendations Recommended By bull_dozer sixty2nds Read Replies (2) \| Respond to of 33421

Back to TSLA..... it took out that multi year support at 285-292ish...... and has come up to give us what should be an the BEST SHORTING OPPORTUNITY IN this stock ever....... as the common stock is broken..... The Cash Burn is egregious beyond belief...... the Cash window to float more dilutive common stock, or more dilutive debt..... is being shut down and only the bond holders will be rewarded by this playing out of events. as you can see TSLA took out that horizontal support at 285-292.......has basically come back to the area it broke down and should be heading lower from here for the common stock. JJP

To: John Pitera who wrote (20948)	4/10/2018 9:01:52 AM
From: robert b furman	Respond to of 33421

Hi John, First things first. I had to run out of Wisconsin (with two cats in my pickup). Jan had already flown out and the weather gave me only a one day winder to git or be snowed on. SO, I have left your address out on my desk. We'll get back there in early may and I promise you'll have a care/kraut package enroute to you then. As for tsla - I do not short stocks, but it looks like is is a great short after the high on this chart looks like a failed double top to me: screencast.com Spring is beautiful here in Houston - bluebonnets just beginning to show up. My taxes are done and Jan and I have cut out a lot of dead flowers and a trees from this winter's cold spell. Buying plants today and composting and mulching the entire lot so it will be ready fir the heat of summer. Amazing how many construction buildings and projects are being undergone here in Houston. It is alive with growth and neighbors tell me that real estate has gone almost parabolic here in the Woodlands. EXXON has a new office Complex just South of The Woodlands and it is bring in more families than there are skilled trades to build homes. Thus prices are high and getting higher. Don't know where it will end, but we're not selling our castle on the lake. I see where Dr Copper and lumber futures are showing that demand is catching up. I'm in process of planning another lumber thinning on our 120 acres of trees,and prices being thrown around are well above the 2004 prices received (of course the lumber is now utility poles vs directional lumber). Real Estate in Wisconsin is also benefiting with increased prices. Sadly my neighbor had to sell his farm - the result of a divorce, the land which was horribly rocking adjacent to my property was available. I put in a bid based on ag land values and another person put in a bid for a home on 17 acres (along the river) and bid himself up 10,000 over his last bid for fear of me wanting it. There is little doubt that we are in the early stages of a world wide reflation that will explode prices by the time this cycle ends. I have not copleted my diversification into more land and I fear I have missed the best prices. I'd like more but I do not need more - so I'll be patient and opportunistic if at all. Wisconsin's land prices are high but there is a lot of it out there as well. Good to hear from you and We wish you the best of trades! Bob