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2 February 2023, 08:19 AM
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#1 |
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"TRF" Member
Join Date: Jan 2019
Location: North America
Posts: 2,348
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In 2016, the S&P500 was 200 and a Daytona, according to Chrono24 was about 18k. Today the S&P500 is about 400, and a Daytona is about $34k according to Chrono24. If you think the market will go up, and you are comfortable with todays price, buy now. If you think it will go down, or are uncomfortable with todays price, buy puts and convert it into a Daytona at the bottom.
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2 February 2023, 05:49 PM
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#2 |
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Banned
Join Date: Apr 2015
Location: United States
Posts: 2,410
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Looks like market is reversing course. Are we gonna see panda Daytona 50k again? Based on history trend, yes we can.
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2 February 2023, 05:59 PM
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#3 |
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"TRF" Member
Join Date: May 2016
Real Name: Daniel
Location: Taipei, Taiwan
Watch: my signature
Posts: 2,684
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There will always be a newer model replacing the current one.....so buy what you want
Current collection: 1) Rolex Submariner(116610LV), 2) Omega Speedmaster Moonwatch Professional(311.30.42.30.01.006), 3) Rolex GMT-Master II(126710BLNR), 4) Breitling B01 Navitimer 43(AB0138211B1A1) |
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