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A couple days back, I wrote up my best understanding of what happened with /r/wallstreetbets and meme stocks like Gamestop, trying to show how all the different, seemingly contradictory takes on the underlying financial stuff could all be true.
https://t.co/xWzre4r0Yj
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Let's start with Jimmy Carter.
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That was a fringe proposition at best.
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The vast majority of Americans wisely prefered a guaranteed payout to a tax-advantaged gambling account.
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Who would do that voluntarily?
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I. It made companies more profitable. Guaranteeing that the workers whose labor made your company viable wouldn't spend their dotage starving and homeless is expensive.
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Marketization begat financialization.
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It's called Wall Street Bets for a reason.
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* Workers are forced to play the casino, and if their bets fail, they spend their old ages homeless and starving;
* The vast majority of casino games are wholly abstract - bets on bets on bets - and require layers of refs;
* the refs are all crooked.
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https://t.co/tNFjGSD95v
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For example, the total short position on Gamestop exceeds its total stock issuance.
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https://t.co/6eSpIv9pup
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But they're not the only ones who are right.
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First, because these stocks will all need to be converted to cash, and that means selling them.
https://t.co/YcGLFT3stc
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https://t.co/biDxNTjerI
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it's hard to say this without sounding like you stan for Cooperman or Griffin, but any retelling of the past week that doesn't tell you how, past the retail ignition, the rocket ship was mostly intra- fast money warfare, isn't telling you the truth
— zatapatique (@zatapatique) January 28, 2021
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https://t.co/eDrQxtMoVu
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Smith is right too.
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But here's how they can all be right - the "who cares" and the "goliath v goliath" and the "bubble" and the "Robinhood is a plutes' honeypot."
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If the meme stock spectacle gets us to pay attention to hearings that reveal the irredeemable rot of the system, then it's a unique chance to spread REAL "financial literacy."
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https://t.co/M8KOqi1GX8
eof/
More from Cory Doctorow #BLM
Inside: Stop saying "it's not censorship if it's not the government"; Trump's swamp gators find corporate refuge; and more!
Archived at: https://t.co/7JMcAbaULj
#Pluralistic
1/
Monday night, I'll be helping William Gibson launch the paperback edition of his novel AGENCY at a Strand Bookstore videoconference. Come say hi!
https://t.co/k3fvBdqOK0
2/
Stop saying "it's not censorship if it's not the government": I didn't expect the Spanish Inquisition.
https://t.co/7I0MpCTez5
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If you think "It's not censorship unless the government does it," I want to change your mind.
— Cory Doctorow #BLM (@doctorow) January 24, 2021
It's absolutely true that the First Amendment only prohibits government action to suppress speech based on its content, but the First Amendment is not the last word on censorship.
1/ pic.twitter.com/ycbLLDhtrd
Trump's swamp gators find corporate refuge: The Swamped project.
https://t.co/MUJyIOr2iw
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Have you seen the stories about how Trump administration officials and staffers for Ted Cruz are finding that no one in the private sector will hire them because they are forever tainted by their former bosses' disgraceful behavior?
— Cory Doctorow #BLM (@doctorow) January 24, 2021
They're bullshit.https://t.co/XvYDPpR9yd
1/ pic.twitter.com/VxisK4d8jV
#15yrsago A-Hole bill would make a secret technology into the law of the land https://t.co/57bJaM1Byr
#15yrsago Hollywood’s MP loses the election — hit the road, Sam! https://t.co/12ssYpV46B
#15yrsago How William Gibson discovered science fiction https://t.co/MYR0go37nW
5/
Inside: Thinking through Mitch McConnell's plea for comity; Further, on Mitch McConnell and comity; Understanding the aftermath of r/wallstreetbets; and more!
Archived at: https://t.co/1rRmrJa4FK
#Pluralistic
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Thinking through Mitch McConnell's plea for comity: A thoughtful analysis.
https://t.co/2T74ykb3Ws
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Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha https://t.co/ARlJ7vGOev
— Cory Doctorow #BLM (@doctorow) January 29, 2021
Further, on Mitch McConnell and comity: I thought about it some more.
https://t.co/mTQ225Lr3X
3/
Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha https://t.co/2T74ykb3Ws
— Cory Doctorow #BLM (@doctorow) January 29, 2021
Understanding the aftermath of r/wallstreetbets: Even if there's no angels, there's still a path to glory.
https://t.co/x7BaqUQ0hj
4/
A couple days back, I wrote up my best understanding of what happened with /r/wallstreetbets and meme stocks like Gamestop, trying to show how all the different, seemingly contradictory takes on the underlying financial stuff could all be true.https://t.co/xWzre4r0Yj
— Cory Doctorow #BLM (@doctorow) January 30, 2021
1/ pic.twitter.com/p4oiq2TdSg
#10yrsago Morrow’s Diviner’s Tale is a tight, literary ghost story https://t.co/XFW0AGFwhI
#10yrsago ATM skimmer that doesn’t require any modifications to the ATM
More from Trading
Turns out, patterns trading is simple—if you follow these 8 Patterns:
Let's start: ↓
While studying her Twitter profile and with constant talks with her, I found these to be the most important patterns she focuses on always.
Then I wrote a small summary of what each pattern means.
Also attached are some examples from her tweets.
1/ Cup and handle Pattern
Happens during an uptrend.
The cup portion has a U-shaped appearance.
The bears are getting weaker as they are unable to drive the prices below the last low.
Subhasish Pani uses this a lot in stocks to spot bullish trades.
Eg
5: When to play directional:
— Nikita Poojary (@niki_poojary) December 18, 2022
Whenever the index is moving in a single direction, its important to go with the trend.
A few weeks ago when BNF broke out of the cup and handle pattern, all we had to do was sell PEs.
Pls note: weekly TF chart is attached to just show the C&H BO pic.twitter.com/z0wgUzJW8t
Eg
#VOLTAS Another cup & handle pattern for cash positional pic.twitter.com/Jsc99xJfwY
— Nikita Poojary (@niki_poojary) October 23, 2019
You May Also Like
- Forget what you don't have, make your strength bold
- Pick one work experience and explain what you did in detail w/ bullet points
- Write it towards the role you apply
- Give social proof
/thread
"But I got no work experience..."
Make a open source lib, make a small side project for yourself, do freelance work, ask friends to work with them, no friends? Find friends on Github, and Twitter.
Bonus points:
- Show you care about the company: I used the company's brand font and gradient for in the resume for my name and "Thank You" note.
- Don't list 15 things and libraries you worked with, pick the most related ones to the role you're applying.
-🙅♂️"copy cover letter"
"I got no firends, no work"
One practical way is to reach out to conferences and offer to make their website for free. But make sure to do it good. You'll get:
- a project for portfolio
- new friends
- work experience
- learnt new stuff
- new thing for Twitter bio
If you don't even have the skills yet, why not try your chance for @LambdaSchool? No? @freeCodeCamp. Still not? Pick something from here and learn https://t.co/7NPS1zbLTi
You'll feel very overwhelmed, no escape, just acknowledge it and keep pushing.