Was having dinner at a Mexican restaurant and the waiter who turned out to be the owner’s son asked if I trade stocks because he’s “just getting into it.”
I gave him the standard response: “Be careful.”
Every time a random person with no market background starts asking about stocks, my recession indicator goes off.
Top confirmed.
EDIT: First time meeting him & within 5 minutes brought it up. My family owns a business in the same town so i related to him on that.
My Uber Driver Indicator Has Been Replaced
byu/Money-Size-8877 inwallstreetbets
Posted by Money-Size-8877
36 Comments
Thank you for the brilliant contribution.
Thats not the standard response from a wsb degen though
>I gave him the standard response : “Be careful.”
The standard response should be “just buy VOO and never sell”
And he probaby gonna yolo and make millions
your waiter giving you stock tips is basically the modern version of shoeshine boy moment
time to liquidate everything and buy puts on spy lmao
Reminds me of early 2000 i was working in tech in SF and get into a cab (you know the stinky POS kind you had to flag down!) and the driver starts chatting, not typical cabbie, younger, kinda SF hipster looking. His story is he quit job as engineer and day trades and drives cab for fun and to get the vibe for trading of whats going on in the city… you guys all know what a few months later.
Sounds like Crypto and NFTs..
You should have told him “0DTE options are really where it’s at, Google that.”
OP came in with an envelope of coupons and a half-eaten debit card, asking to split chips and dip across 3 cards one of which was an Amex charge. Of course the server knows this is the hallmark of a seasoned WSBer.
LOL. True dat!
First it was taxi drivers. Now the recession indicator arrives with chips and salsa.
If the salsa was good = bull signal
Well you’re clearly there for happy hour. Why not work in some free queso and tell him to full port all their money into the usual suspect’s: dram, intc, Nbis and can’t forget with spacex around the corner rklb, asts, lunr
bro probably gonna outperform 90% of WSB
I mean…its not much different than investing in whatever your kids and grandkids are starting to talk about…
Selling everything Monday!!
This should be the last top in the market ever. Confirmed by op who also is a retard
It’s been like this for a decade…
It’s true. I was the waiter.
I call it the Bobby indicator, I have buddy from college who called me in late 2007 to tell me he trying to invest, October 2021 to ask me what the Fed does, and to tell me the same thing about. He called me last week to tell me he’s all in on NVDA and MSTR. RIP my dudes.
Just put the fries in the bag…
When the owner’s son has to wait table, you know the economy is bad.
When you hear Uncle Bob just started “investing” or your buddy that only makes money by scalping $40 pokemon cards just started, you know time is near
“Buy QQQ and never sell”
I know wealthy farm boy he called yesterday after making 20k on Tesla puts. Convo went for twenty minutes then I learned he had lost 30k already after starting with 50k. lol only down 20% ytd
How do people not get it yet? Everything is inflating substantially more than what theyre saying inflation is, including assets like stocks. Its not going to go down, because even being flat would be losing massive value at this point. Sure the bubble will pop at some point, but ain’t no point trying to time it. You’ll just lose everything to not inflating your assets with inflation anyway.
Always hate this kind of sentiment. Reads like “Stocks should only be for rich people not the dirty common folk”.
Maybe this was true when it was difficult to trade stocks but now anyone with a phone and $100 can easily do it.
Dude the guy at my convenience store just asked if I worked on wall st and told me he’s trading options lol
Degens are born everyday. Should have told him to buy 0tde calls
regards, it’s not the 1920s. buying a share of ford doesn’t require getting a stock certificate, or being at the exchange, or etc.
with free trading on phone apps, retards can buy open while taking a shit at work. so obviously, there’s going to be broader exposure.
point being, the shoeshine bs is no longer an applicable comparison. then again, most retards seem to think that dotcom is repeating and still haven’t shut up about ai bubble, every day, for 3 years now…
On the other hand, every time you see a post with this much fear the market seems to hit a new ATH
I started trading, and that was my recession indicator. If someone as regarded as me is getting into it, the top has to be in.
So naturally, calls.
My massage therapist told me she lost $40k last month trading Silver. She is a single mother of five kids, My tattoo artist told me about his crypto losses last week.
The Top is definitely in. Calls?
2 days ago one of my employees said he was going to quit and day trade for a living.
I’m not convinced, r.stocks and similar are bearish as fuck, they always bullpost before the crash.
If someone asked me about stocks I would say I daytrade short term options and pull up a 0 DTE gain porn.
This is more like the shoe shine boy runs into a bus boy giving stock tips and sees it as a top signal