Gyroscopic Investing

barrett wrote: ↑Wed Dec 23, 2020 12:54 pm Get healthy again soon, mathjak. Perhaps one of the previously unknown side effects of Covid will be a heightened ability to time the markets!! Maybe keep your stats post Covid to give us our first data point.

I also hope your drumming gig comes back in 2021.

Oh wow , long story ......

unfortunately the owner of the groups name . front man and founding member got cancer and died recently during covid .

well i haven't heard any thing since he died a few months ago and i always thought the group would go on as a legacy band since his son is in the group and he was really doing a great job carrying the torch.

but i ran in to a former member of the group at the studio i happen to be at before I got COVID and she told me something i was shocked by .

the groups name and operations were held in a LLC created by the owner of the groups name , and he had signed personal guarantees for loans .

not sure how or why he got the LLC in to such great debt , but his surviving wife said the name can no longer be used or else the group could be sued for the debt that was owed . he evidently was on the verge of declaring bankruptcy it was so much . (for a 2nd time )

so dont know the whole story and out of respect i wont divulge who it was but i thought it was crazy that after a 50 year run , the name has to die with the owner of the groups name and trademark and can no longer be used , not even by his son ..50 years of history down the drain as far as a viable business goes .

it just seems most careers in the music business end up crashing and burning .

my dad was a pro drummer too and he refused to teach me just because of how these careers burn and how unpredictable they can be . so i had to learn on my own .

Ironically my wife and I ordered lunch in to the studio that day for Christmas for the owner .....I believe that is where we got COVID eating at a small table .


Within 2 days I was coughing and he called the same day to say he had chills and a fever....

Been in the hospital for days now being treated ...

mathjak107 wrote: ↑Thu Dec 31, 2020 12:44 pm
Been in the hospital for days now being treated ...

NOT good!

Shocked and sorry to hear that!

mathjak107 wrote: ↑Thu Dec 31, 2020 12:44 pm Been in the hospital for days now being treated ...

Best wishes, mathjak.

+1 on the wishes for a speedy and fully recovery.

What's the update on your health, MJ? Hope you are making progress!

Barrett

barrett wrote: ↑Sat Jan 02, 2021 10:51 am
What's the update on your health, MJ? Hope you are making progress!

Barrett

Same here. I was just thinking this morning that we had not heard an update from you for far too long and was again going to ask here if barrett had not already.

Doing a bit better ..still in bed on oxygen....they may try standing me up today ...my wife is a few rooms down ...she has a bit of pneumonia....

This virus was like a freight train ...the virus is dead at this stage 18 days in but the bodies immune system has everything inflamed in the airways and covered in mucus .

Been eating like crazy ..with the steroids my blood sugar goes nuts so I get insulin for now

Thanks for the update, MJ. I hope that both you and your wife are back home and healthy soon. Of course, if forum members don't check to see what your day trading adventures are, they don't even know that you've been sick.

We'll do our best to keep the price of all assets down so that you can buy a big friggin' dip when you get out!

Your experience is going to make me a bit more careful when it comes to COVID. What you two are going through does not sound like fun at all.

MJ is the closest to me knowing someone with COVID.
Unbelievable.

So many here had COVID or died it is hard not to know someone who was effected

buddtholomew wrote: ↑Mon Jan 04, 2021 4:44 pm
MJ is the closest to me knowing someone with COVID.
Unbelievable.

Closest to me also who has had any degree of symptoms. A people (young) told me that they had it but did not seem to develop any symptoms.

buddtholomew wrote: ↑Mon Jan 04, 2021 4:44 pm MJ is the closest to me knowing someone with COVID.
Unbelievable.

My cousin died of it last month. I honestly think it was merciful in his case.

Watching Tlt again...it has fallen thousands since I last sold ....

Felt well enough to sell Gld for a few k profit ...I am still far to negative on buying Tlt yet ,even though it has fallen thousands from the last sale I made it has been scary ...

Well gold down 2k since I sold this morning so I may buy back ...Tlt still plunging but I get the feeling it may suddenly flip direction and I may miss the entry

MJ,

Got a price point in mind for TLT?

Did it ... rebought Gld and tlt


Order Number A06VRMWZ
Status Filled at $152.4939
Total Price Improvement $6.03
Symbol TLT
Description ISHARES TR 20 YR TR BD ETF
Action Buy
Quantity 989 Shares
Route
FDLM
Order Type Market
Time in Force Day
Conditions None
Trade Type Cash
Market Session Standard
Order Date 01/06/2021, 11:29:06 AM ET


Order Number 30600R3G
Status Filled at $178.8695
Symbol GLD
Description SPDR GOLD TR GOLD SHS
Action Buy
Quantity 843 Shares
Route
FDLM
Order Type Market
Time in Force Day
Conditions None
Trade Type Cash
Market Session Standard
Order Date 01/06/2021, 11:27:44 AM ET

MJ,

Like TLT, have you sold *all* your gold and are strictly day-trading both TLT/GLD?

As I can take advantage. Gains evaporate way to quickly if I dont

MJ,

More TLT carnage - u back in?

No sold both Gld and tlt 2x yesterday at gains ...out now

mathjak107 wrote: ↑Thu Jan 07, 2021 10:47 am No sold both Gld and tlt 2x yesterday at gains ...out now

Are you home and getting healthy, MJ, or are you making money from your hospital bed???

Hospital bed .......both of us still hospitalized....day 11 in the hospital for me ..day 21 since first symptoms

Is your condition improving?