The bears den

DukeCS33

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Quite meaningless to proclaim if it is a bull or bear market unless one is trading index. There are several stocks that are trading with a bearish stance even in a bull market and vice versa. So far, my shorts are more profitable than my longs even as the index traded higher prior.
 

DukeCS33

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Be careful

It strikes when nobody think it strikes

Now add impeachment to the turmoil

I find that such political events come to past fairly quickly. And that is because, there are established institutions that would ensure the smooth running of the government. But you are right. There are already enough concerns that the Market needs to grapple with and with the index, whiskers away from all time highs, maybe there may be some pull back.
 

MrHighlander

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I am just worried Trump will be weakened and forced to agree to trade deal with China for show

Want the melt up to LAST, so the crash more painful
 

revhappy

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Everytime there's a comment like this ... the market moves lower :s13:

I was following the Indian markets, so was mostly on twitter But today sold my Indian unit trusts for a small profit 2% odd and I am back in cash now. Waiting for a crash :spin:
 
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Mecisteus

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Mecisteus

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Dividends Warrior

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I don't see how Uber is really a major tech company.

What kind of huge R&D do they need? Maybe can benchmark the spending with Grab.

They should be focusing on marketing and gaining more market share instead.

They still working on AI self-driving vehicles right? Not cheap I supposed.
 

Mecisteus

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They still working on AI self-driving vehicles right? Not cheap I supposed.

Ah I see.

Let the big brothers do the AI. They have more funds.

Uber should just focus on the core business.

Why go to AI when the core business is already draining cash?

Even Grab is barely profitable.
 

Trader11

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Trump is a shole trying to delist China company. Waiting for Alibaba to collapse to single digit.
 

churnmaster

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I don't know WTF they are spending so much money on R&D.

R&D was the biggest cost.

Exactly .... if the US$ 3 billion is to be spend on renewables (like solar and wind), you can setup close to 3000 to 3500 MW generation capacity. Far better usage than whatever R&D they are talking about in ride hailing business.
 
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