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The Trading Floor
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wavehunter
Supreme |
01-Sep-2026 22:42
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Aiyah, why USS Abraham Lincoln dont come to Singapore. Come lah. Then Bro yoga and I and anyone else interested can raise seed money by wearing makeup and wave pink lacy handkerchiefs at those macho sailors.  ![]()
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wavehunter
Supreme |
01-Sep-2026 22:37
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
In the later part of that same interview, he did say perhaps the correction will be pushed back to October instead.  
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wavehunter
Supreme |
01-Sep-2026 22:32
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bro yoga, If it is any comfort to you, my paper loss for Bitmine is more than your 11k loss. But I am not bothered by it. I am confident my paper loss will be erased in time and this bet will become profitable. If I get it wrong and have to take a loss, I am prepared for it too. But really, deep in my heart, I dont think this is one trade where I have to take a loss. Its just about time only. As long as I can hold, I will see my paper loss erased and replaced by paper profits. I am even contemplating adding more positions. This underscores my belief in Bitmine that she will deliver. So Bro yoga, no need to be disgusted with yourself over an 11k paper loss. Otherwise what about me? My  paper loss is much higher than yours. Then I need to jump off the platform into Marina Bay izzit? Cool it lah. Though come to think of it, jumping into Marina Bay may well be quite cooling.  ![]() If you do nothing,  continue to hold your sampan and collect dividends, in time, you will erase your 11k paper loss. Its all about time only. Sampan pays 15 cts dividends per year. 18 yrs = $2.70. After 18 yrs, your sampan will become absolutely free. When you sell, your entire sales proceeds are your profits. But if you add more sampan during a correction, then you dont have to wait 18 yrs to get out. The more sampan you can add, the sooner you can get out. Which is why I want to add more Bitmine. So that I dont have to wait for her to reach $250 for me to reach a certain profit target. By adding more, I will reach that same profit target when she is at $162. Which is a shorter wait than to wait for $250. One suggestion I can offer you is this: 1. Keep holding your sampan for now. Since it is already so low at 2.41, it is too low to sell ler. To do the sell higher and buyback lower, the price has to be higher. Bro sanvan sold at 2.59 recently. That was a good price to sell based on  current circumstances and market conditions. 2. Save up from your income to set aside 5k to 10k to invest in Bitmine. If she does a 2x, your capital will become 10k to 20k. If she does a 5x, you are looking at 25k to 50k. Its okay to invest in drips and draps as and when funds are available. If you can afford $1000 for now, then do $1000. Invest another $1000 next month.  If have more, put in more. Especially if the price of Bitmine dips. When her price is low, you want to invest more. That' s the whole idea. So that when she wakes up and run,  you are already on board. The market is expected to blast off in Nov and Dec. So the plan is to buy Bitmine when her price is lower in Sep and Oct.  All the best, Bro yoga. 
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sanvan
Master |
01-Sep-2026 22:27
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x 0
x 0 Alert Admin |
The USS Abraham Lincoln is heading to Pattaya with its 5000 strong men, all with mental health issues. Why Pattaya, you may ask? Because Pattaya has the best psychiatrists in the world.  These are the bar girls. They will listen to their problems for hours. Console them.  No one in the modern world consoles you for hours.  They will put their arms around the men, hug them and more.  If it is their birthday, they will get a cake and sing for them.  And soon they will be whole. Cured. Happy.  And the Straits of Hormuz will be distant memory. That is the reality of a port call for a warship from the battle zone.    |
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sanvan
Master |
01-Sep-2026 22:02
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x 0
x 0 Alert Admin |
From Yahoo Finance........ " I' m actually now thinking because of all this mounting concern, the market might surprise us to the upside," Lee said. " And I think maybe September 15th, the Fed meeting is the pivot point. If the Fed doesn' t hike, which is our base case, I think actually the markets could rally very strongly. |
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sanvan
Master |
01-Sep-2026 21:57
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x 0
x 0 Alert Admin |
Bro Yoga, Why are you blaming yourself like this. Markets come down and go up. Mere paper loss.  Hang in and collect dividends. Why be reckless and buy something else if you have no clear counter in mind. Unless, you want to set aside a small portion in Bitmine like General Wave suggested. Since we are able to hold, we just ride it out. I have Sampan bought at higher prices too. I will just wait for recovery.  Or do the sell and buyback when I think there is an opportunity.  Otherwise just sit tight and go for a holiday in December.  Got job, got income, got health, what is there to worry. 
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yoga123
Elite |
01-Sep-2026 21:52
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x 0
x 0 Alert Admin |
Bro Wave, as of today' s closing price of Ascendas, it is 11k loss for me.  Utterly disgusted with myself. Quite frankly,  I am having several reckless thoughts of selling all of it to buy another.  Luckily I am busy with work and distracted my mind from doing it.  Desperation tends to lead to disastrous results.  Sigh.  😡
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wavehunter
Supreme |
01-Sep-2026 20:33
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bitmine.... I want to buy more. Preferably at $15 to $17 if she gives me a chance to. Becoz at those levels, all she needs to do is trade to $30 to $34 and I would have doubled my money. When she goes to $100 per share, my investment would have grown by 5.8x to 6.6x. It is a lot easier to say with confidence that Bitmine will trade to $100 per share....than to $250 per share. I am not saying I dont think Bitmine will trade to $250 per share. What I am saying is it is easier to say Bitmine will reach $100 per share. Than to say she will reach $250 per share. $250 per share will trigger Tom Lee' s remuneration in the form of 1,000,000 common shares issued to him. I hope that Tom Lee' s 10% to 15% correction in Sep/Oct will come to pass. That way, all stocks will fall due to sentiments turning bearish including Bitmine. But whether she will fall to the $15 to $17 bracket remains to be seen. If that correction comes, investors who are using leverage will be forced to exit the market. Their loss will be the gain of those with dry powder looking for bargains. Those who are stuck in good stocks...as long as you can hold, do not panic sell.  You will regret it. Instead, if you have ammo, buy more of your stocks to average down. I am a stuckist in Bitmine. Although I keep saying I made this moonshot bet with full knowledge that my bet may go to zero, deep in my heart I know my bet wont go to zero. At worst if I dont want to bet anymore and I throw it all back, I will still be able to get back some of my capital. So I am not at all worried about going to zero. On the contrary, I am confident that Bitmine will at the very least trade to $100 per share.  In fact in July this year, she traded to $160 per share. So what is $100 per share to her. Bitmine will reach $200 per share followed by $250 per share. But what I do not know is whether I have what it takes to keep holding until I see those prices. Becoz at just $106 per share, my profits will be 6-figures. It will be very difficult for me to LOON DONT SELL. Unless I sign up for a masterclass on HOW TO LOON with our venerable yoga master here.  ![]()     |
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wavehunter
Supreme |
01-Sep-2026 18:21
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Will $10,000 be enough to cover your losses in sampan? If so, if you invest $10k in Bitmine, it will at the very least double to $20k and pay for your losses in sampan. Bitmine will trade to US$100. That' s 5x if you buy at say US$20 per share. If you invest $10k, it will become $50k.  So you dont have to sell all your sampan to go all-in into Bitmine.  
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MrBear12
Supreme |
01-Sep-2026 18:09
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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x 0
x 0 Alert Admin |
buy ascendas.
keep for two decades and you will be rewarded.
it's a stable share at a good price.
Stock up on this as bear stocks up on salmon
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yoga123
Elite |
01-Sep-2026 18:06
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x 0
x 0 Alert Admin |
Er..  Sell all Ascendas and buy Bitmine ?!  😳
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yoga123
Elite |
01-Sep-2026 18:04
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x 0
x 0 Alert Admin |
Crazy, absolutely umbrage ..  😡
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wavehunter
Supreme |
01-Sep-2026 17:21
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
![]() Sampan closed at 2.41. Shake head. Will she show us 2.40 and lower in the days ahead? This is significant. Becoz.... The last time she was at 2.40 and lower was during the Covid19 selldown in March 2020. Back in Mar 2020, she found her bottom at 2.21. |
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wavehunter
Supreme |
01-Sep-2026 16:49
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
US Futures are taking a dive. Dow -279 S & P -34 Nasdaq -251 |
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wavehunter
Supreme |
01-Sep-2026 16:14
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
When stocks fall off the cliff suddenly, you see leow you scared you could throw. And throwing sometimes, on hindsight, turns out to be the correct thing to do. On those occasions when that fall off the cliff was only the start of more scary scary movies to come. But when stocks dont fall off the cliff, they fall very, very slowly...2 cts per day, it gives you hope. Hope makes you hold on. But a stock which falls 2 cts on average per day everyday, after 2 weeks, would have fallen by 20 cts. You see it and realise it only after 2 weeks. By which time too late to react. This type of fall, there is a name for it. It is called " slowly bleed to death" . 
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sanvan
Master |
01-Sep-2026 16:03
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x 0
x 0 Alert Admin |
Sampan 241 : 242 FLCT 91.5 : 92 Ascott 85 : 855 The cracks are beginning to show. |
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sanvan
Master |
01-Sep-2026 14:59
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x 0
x 0 Alert Admin |
We have all mentioned and referred to the Lunatic in the US.  We need to correct that. There are in fact 2 lunatics there. Apart from blondie, Ah Pete Hegseth is another lunatic. When his generals advise him not to escalate the war in Iran, he sacks them.  Mind you, Ah Pete was a mere Major in 2021, just 5 years ago.  And he is now sacking generals and blocking and interveneing in the promotions of other ranking officers. Thats the beauty of politics, I suppose.  A one time Major now ranks above the most decorated general and can dictate what they can and cannot do.  Power corrupts the mind.  |
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wavehunter
Supreme |
01-Sep-2026 14:06
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
One fund manager at CNBC cited 10-Yr yield reaching 5% as one of the headwinds for the stock markets. He said if 10-Yr is at 5%, why take on so much risk in stocks when I can just park money in bonds risk-free and get 5%. So yes, if yield rises to 5%, we could see hot money moving out from stocks into bonds.  Whether BTC and ETH will be adversely impacted or not is not so clear. Becoz both BTC and ETH have just come out of their winter hibernation to welcome spring. Hence both are still trading near their lows. If 10-Yr rises to 5%, will some investors sell stocks to rotate into BTC and ETH ? That' s a one million dollar question.
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sanvan
Master |
01-Sep-2026 14:03
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x 0
x 0 Alert Admin |
https://www.aljazeera.com/economy/2026/8/31/vance-says-trump-sending-a-message-to-iran-with-ai-generated-video   |
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wavehunter
Supreme |
01-Sep-2026 13:58
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
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