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Michael Burry says SELL!!! Cramer says to BUY!

 
Anonymous Coward
User ID: 83617728
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01/31/2023 11:32 PM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Burry was spot on about inflation/hyperinflation two years ago.

He will be right this time as well. The fed is not done, they have no choice.

Get ready for a 50 bps increase tomorrow as everyone is expecting 25 bps and a softening tone. It's not going to happen.

It's a tarp, and longs are going to get smoked.
Anonymous Coward
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01/31/2023 11:37 PM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
This market is poised for a nice leg up over the next few months at least.

Yeah...it'll crash. But not this week.

Short this market now with a play like SQQQ & you will get wrecked.
Anonymous Coward
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01/31/2023 11:44 PM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
This market is poised for a nice leg up over the next few months at least.

Yeah...it'll crash. But not this week.

Short this market now with a play like SQQQ & you will get wrecked.
 Quoting: Anonymous Coward 79804210


No one knows when it will crash. Not even Burry - he almost lost his ass last time with bad timing. Almost.

It could be crashing right now in a hedge fund bank at a late night meeting. Or it could hang on for years.

The fundamentals of everything don't make sense though like they didn't in 2008 so it will crash and wreck the entire world this time. A full reset that cannot be bailed out.

All we can do is wait and try to be smart knowing about what will happen but not when.
Anonymous Coward
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02/01/2023 12:04 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
 Quoting: John Dutton


So what are we selling?
 Quoting: Anonymous Coward 84458828


Frozen orange juice futures
Anonymous Coward
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02/01/2023 12:09 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
 Quoting: John Dutton


So what are we selling?
 Quoting: Anonymous Coward 84458828


And who is this michael? Looks like a throwaway account upon further inspection.
 Quoting: Anonymous Coward 79529893


Yeah, the one tweet thing would be suspect- but the 1.3 million followers and 3 million+ views is a clue-

Here is another:

"Michael James Burry is both an American investor who founded the hedge fund Scion Capital in 2000 using a small inheritance and a physician who specializes in neurology. Among investors, he is best known for being one of the few who predicted the subprime mortgage crisis that lasted from 2007 to 2010. He shorted the 2007 mortgage bond market by swapping collateralized debt obligations (CDO) and made a personal profit of $100 million and $700 million for his investors.

In 2008 he shut down Scion Capital to focus on his personal investments and then, in 2011, he incorporated Scion Asset Management, a private investment firm he still runs today based in Saratoga, Calif., which is in Silicon Valley.


Burry was portrayed by Christian Bale in the 2015 film The Big Short..."
[link to www.investopedia.com (secure)]

Dome bone twitching...

hiding
Anonymous Coward
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02/01/2023 12:12 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Sell if you still have BBBY, yeah.

Those poor apes.
Anonymous Coward
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02/01/2023 12:13 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
 Quoting: John Dutton


So what are we selling?
 Quoting: Anonymous Coward 84458828


Frozen orange juice futures
 Quoting: Anonymous Coward 85153453


Buy: adult diaper futures
Rybeam
User ID: 84025141
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02/01/2023 12:19 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Once we are done pumping up our military industrial complex our industry may come back if we don't kill ourselves in the process. Back off at the right time, Europe is our bitch. The rest of the world stops trusting us. Could be good for Make America Great Again in an isolationist way !!!

A classic lefty eats is's tail example.

Left and right are on opposite ends of a line.
They are points on a circle.
Anonymous Coward
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02/01/2023 12:20 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!


Ever since the new year Crypto has been going up, the Nasdaq had the best month of January since 2001.

For Crypto I would say Buy Or Hodl at least, well that's what I'm doing regardless!

Perfect time to buy anyways while it's been down for so long.

28K Bitcoin in next 3 weeks, Fingers Crossed!
Rybeam
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02/01/2023 12:21 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Correction

Left and right are NOT opposite ends of a line.
They are points on a circle.
AnonyMouse Howard

User ID: 85147521
United States
02/01/2023 12:27 AM

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Re: Michael Burry says SELL!!! Cramer says to BUY!
The market is not going down until it serves the interest of TPTB.

They own almost all of it.

Everyone else just nibbles at the edges.

When they decide that no one (but them) is going to have any
wealth, then it will carsh, not a moment before.


If value or economics mattered, if would have flopped way back in Obama's first term.
Anonymous Coward
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02/01/2023 12:31 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Dude went from 1.3 million followers to 4.6 million in under an hour!

-His tweet is gonna CAUSE the damn crash...



damned
Anonymous Coward
User ID: 39991149
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02/01/2023 12:33 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Cramer is like a magician. He is constantly creating the illusion of being an expert that wants to help you. Then tada, all his "trust equity" makes your money disappear. This is the big event coming up. You know most corporations will never make a profit again when the dollar collapses and brokerage accounts might even be bailed in. When a caller asks if BO America is a sell and Cramer starts screaming passionately about it being a buy and "IF YOU DON'T OWN IT YOUR NUTS!!!", you know it won't be long before you're eating bugs.
Anonymous Coward
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02/01/2023 12:36 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Just to add to this, it looks like he deleted all of his tweets today, leaving his "sell" tweet. This guy archives his previous tweets (Burry's) :

[link to twitter.com (secure)]

This could be the big show, or not. Burry has a track record, just saying.
Anonymous Coward
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02/01/2023 12:57 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
 Quoting: John Dutton


So what are we selling?
 Quoting: Anonymous Coward 84458828


Old records, CD, cassette tapes, nicknacks, stuff you don’t use any more.
 Quoting: Anonymous Coward 84825684


oh...cool
leader

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02/01/2023 01:12 AM

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Re: Michael Burry says SELL!!! Cramer says to BUY!
ok I will, but I have a question. Buy or sell what? bwahahahahaha. Just a minor detail bwahahahaha!

wtfdid
jack
Anonymous Coward
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02/01/2023 01:15 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
You can start with the premise that the dollar collapses before CBDC's come out. Would they want a gap between the collapse and the presentation of a UBI rationing system in order for people to accept it? How many months of not being able to purchase basic necessities would it take for people to capitulate? Crime rates will be off the chart. Home invasions will happen continually. They're going to eat your pets!!! The solution to prevent crime will be for people to be injected with a tracking ID that gives off a MAC address. Yeah, that one. The doors will automatically lock if you try to leave a store with unapproved merchandise.
Anonymous Coward
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02/01/2023 01:25 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
What month do bugs come out? April? How long will it take to go without purchasing food where you will be happy to eat bugs? Maybe the collapse is imminent.
Anonymous Coward
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United Kingdom
02/01/2023 01:47 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Cokehead cramer knows nothing
Anonymous Coward
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02/01/2023 02:06 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
 Quoting: John Dutton


So what are we selling?
 Quoting: Anonymous Coward 84458828


And who is the bag holder doing the buying?
BrainGuy, NFT FFS OMG
White heteropatriarchal supremacist

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02/01/2023 02:33 AM

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Re: Michael Burry says SELL!!! Cramer says to BUY!
Cramer is always a perfect reverse barometer.

crash
---------------
Don't care.
Still voting Trump!
t5a
----------
Anonymous Coward
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02/01/2023 02:40 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Anonymous Coward
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02/01/2023 02:45 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
that's gonna be a no. will buy all the way down, don't care, long time horizon and dividend oriented.
HarMegiddo

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02/01/2023 02:46 AM

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Re: Michael Burry says SELL!!! Cramer says to BUY!
The sky's been falling for 3 years.

Precious metals seem like a good tithe, think it may be best to do that & keep working like the sun will rise again.
HarMegiddo
Anonymous Coward
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02/01/2023 02:47 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Cramer is like a magician. He is constantly creating the illusion of being an expert that wants to help you. Then tada, all his "trust equity" makes your money disappear. This is the big event coming up. You know most corporations will never make a profit again when the dollar collapses and brokerage accounts might even be bailed in. When a caller asks if BO America is a sell and Cramer starts screaming passionately about it being a buy and "IF YOU DON'T OWN IT YOUR NUTS!!!", you know it won't be long before you're eating bugs.
 Quoting: Anonymous Coward 39991149


good, i make money off people always shouting it's the end of the world.

pessimists sounds smart

optimists make money
Butch DeFeo

User ID: 76812289
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02/01/2023 02:50 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!

:DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS:
Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN.
Anonymous Coward
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United States
02/01/2023 02:52 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Burry was spot on about inflation/hyperinflation two years ago.

He will be right this time as well. The fed is not done, they have no choice.

Get ready for a 50 bps increase tomorrow as everyone is expecting 25 bps and a softening tone. It's not going to happen.

It's a tarp, and longs are going to get smoked.
 Quoting: Anonymous Coward 83617728


true longs who buy and ignore the market, over a long horizon, have made huge gains.

only traders and speculators care about all this noise
Anonymous Coward
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02/01/2023 02:53 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Sell.

Burry says sell, sell.
Anonymous Coward
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02/01/2023 02:54 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Burry was spot on about inflation/hyperinflation two years ago.

He will be right this time as well. The fed is not done, they have no choice.

Get ready for a 50 bps increase tomorrow as everyone is expecting 25 bps and a softening tone. It's not going to happen.

It's a tarp, and longs are going to get smoked.
 Quoting: Anonymous Coward 83617728


Absolutely correct!

Watch out.

Get out of market before full capitulation.
Anonymous Coward
User ID: 8289068
United States
02/01/2023 02:55 AM
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Re: Michael Burry says SELL!!! Cramer says to BUY!
Cramer is like a magician. He is constantly creating the illusion of being an expert that wants to help you. Then tada, all his "trust equity" makes your money disappear. This is the big event coming up. You know most corporations will never make a profit again when the dollar collapses and brokerage accounts might even be bailed in. When a caller asks if BO America is a sell and Cramer starts screaming passionately about it being a buy and "IF YOU DON'T OWN IT YOUR NUTS!!!", you know it won't be long before you're eating bugs.
 Quoting: Anonymous Coward 39991149


good, i make money off people always shouting it's the end of the world.

pessimists sounds smart

optimists make money
 Quoting: Anonymous Coward 80146090


Nice. I'm sure you'll make it big. Maybe you'll be a trillionaire.





GLP