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sabujp

735 karma · joined May 6, 2015

currently a googler working on TAP
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sabujp··on Show HN: I redesigned my landing page to be as unprofessional as possible
it's gross, i love it
sabujp··on Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
why? a friend said it's because he doesn't have to pay tax, i corrected him last year. are people doing this because they really think they don't have to pay tax unless they swap to actual USDs? Or they're just hiding their USDs away from the IRS and other taxation entities?
sabujp··on Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
So something like this?

    0. Mint dollars backed by nukes and military and in anticipation of GDP growth
    1. Create new cryptos out of thin air to suck in dollars
    2. Mint USDT in *anticipation* of swaps from non-stable cryptos. No dollars have actually been deposited yet!
    3. USDTs actually come in? maybe, maybe not, maybe fuck yourself.
    4. Loan out USDT to hedge funds for crypto futures trading.
    5. Give back portion of interest to people who stashed the USDT.
2-4 is where it gets sketchy.
sabujp··on Apple broke up with me
it's long past the time that we need a digital bill of rights for "services", content, etc. Esp content that we own like our own photos, docs, etc that are on the cloud. They may be able to take music, books, and games you purchased but not your own content.
sabujp··on AWS Graviton 3 Instances
yeah signed stack pointers is a thing since at least 2017 : https://lwn.net/Articles/718888/
sabujp··on Dollar Tree says US$1.25 price point to become new standard
What this also doesn't mention is shrinkflation and quality reduction, so for many items you're probably paying closer to $1.50 - $1.75.
sabujp··on Crypto Wash Trading
There's also "legal" wash trading, e.g. the same institution/person putting in large BTC spot buy orders and then shorting the BTC future. This is how companies like crypto.com, celsius, blockfi, etc are now able to give investors 8%+ on their USDC because the investors need the cash for expensive futures contracts. The companies loan the cash out to hedge funds at high interest rates, take a cut, and give the rest to you.
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
Depends on how big the green candle (also what kind of green candle it is, e.g. shooting star, hammer, etc?) is and how far above the acceleration band it has gone. For example if there's a red candle on the previous day and you're at or slightly above the top of the acceleration band, but the next day there's a green candle that exceeds the previous (red candle) day's high, then there's a good probability that the price will continue to go up the next day. For example this just happened with Micron stock (MU) on 11/11 and I bought in that day for a nice gain on 11/12.

You also want to look at how far above the long term moving averages you are. I use fibonacci moving averages, e.g. 2, 3, 5, 8, 13, etc all the way up to 2584. One of the key MAs is the 233 day, if you inspect lots of charts you'll see bullish stocks pull back from their all time highs to the 21, 55, and 89, and 233 day MAs, and bounce off those to either continue higher or at least to go up for a while until you see a slow down in the acceleration of the price or a red candle in the middle or top of the accleration band (in which case you should sell).

I use other indicators too on tradingview.com, Ichimoku cloud, wavetrend by lazy bear, chris moody's stochastic mtf, autofib.

sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
buying and holding TQQQ requires some intestinal fortitude I don't have, I'd rather take a few days worth of an upswing and be happy with that. Trading is all about risk management
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
a red candle on a daily chart, usually at the top of the accleration band but can be in the middle, bottom, etc indicating that there's more selling than buying volume during the day and that the current price has gone below the opening price, by end of day that it closed lower than the open. Knowing how to read various types of candlesticks is also key as they indicate whether bulls or bears are in control.
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
that's great, and you did the right thing by being aware of external factors and pulling out before the pandemic!
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
at least 15-30% per year
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
actually the opposite is true, I do want to advertise it so that "savy" traders follow a predictable pattern making the market move in the same predictable way. People who just buy and hold will continue to provide a floor. What I basically described is a way to buy low and sell high since the majority of technical indicators are based off of moving averages.
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
I've been doing it just fine since 2004. Risk management is a large part too, you have to know when to cut your losses, how much to put in, when to average down, etc.
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
Indeed, I really don't understand why people buy and hold unless their retirement plan forces them to. I've been using this same algorithm since 2004, how about you?
sabujp··on TQQQ is up 7,298% in 10 years – you don’t want it (2020)
No you do want it, but not to buy and hold for months at a time, you should buy and hold for a few days and then get out after it peaks. You also want SOXL, FAS, UPRO/SPXL, URTY/UWM and TMF and want to operate on these the same way. The key is to know when to buy and sell these. The easiest is to use Price Headley's acceleration or Bollinger bands. Buy when the price falls out of the band, wait for a green candle on the daily and go in big, the next day might be red but you will be positive after a day or two. Sell when it hits the top of the band and there's a red candle.
sabujp··on Tech-driven approach to neighbourhood watch is cementing community divisions
Don't forget about the anxiety stricken netizens of nextdoor
sabujp··on Business Essentials
JAMF is overbought anyways, time to sell
sabujp··on Image file formats that didn’t make it
TIFF is not dead, still used heavily in bio sciences, imaging, etc. VRML is still a lowest common denominator for transfering 3D
sabujp··on Show HN: I'm 48 and finally learning how to be a game developer
i absolutely can't stand ads or iaps so i would be happy with some other limitations.
sabujp··on Show HN: I'm 48 and finally learning how to be a game developer
please make a free version with limited levels or whatever
sabujp··on Comcast Is Down
it's back up in the east bay, but comcast DNS isn't returning google addresses, switched to 8.8.8.8 and 8.8.4.4 and everything is working again
sabujp··on A recruiter lined me up an interview. With the employer that just fired me
any companies offering sour patches?
sabujp··on Interview with Charlie Munger on Controversial UCSB Dorm
as someone who lives in a high cost area 10 minutes from sunnyvale and 15 mins from mountain view yes, they are overpriced
sabujp··on Interview with Charlie Munger on Controversial UCSB Dorm
this 1000%, let me finish the sentence for you, they get to decide what is good for us and our children, while sending their own children to schools that have better accomodations, or they just pay for their kids' accomodations (buying houses, condos, etc and flipping them after their kids are done living there) after they're no longer required to stay on campus. Some high end US univ's require at least 1yr on campus residency, so it's back to the penthouse loft after that.
sabujp··on Pfizer's oral Covid-19 antiviral cuts hospitalization, death by 85%
That article shows a clear correlation between 2 locations with large populations that are susceptible to high risk of severe covid and 2 of the main mutations delta (india) and alpha (uk).
sabujp··on Ask HN: How were video games from the 90s so efficient?
take a look here : https://github.com/OpenSourcedGames/Descent-2/tree/master/SO...

esp the 3d dir, tons of assembly.

sabujp··on Nuclear power is the best climate-change solution
The market agrees, just look at recent prices of uranium, uranium mining companies, and now nuclear infrastructure companies are also starting to take off
sabujp··on Pfizer's oral Covid-19 antiviral cuts hospitalization, death by 85%
There's no bad propaganda when it comes to persuading people to get vaccinated. The alternative is the mess we're in now because people hesitate to get vaccinated. This study uses HIV to model sars mutation. HIV is highly mutagenic :

    https://www.google.com/search?q=hiv+mutation+rate&oq=hiv+mutation+rate&aqs=chrome.0.0i512l6j0i22i30l4.1834j0j7&sourceid=chrome&ie=UTF-8
sar-cov2 is less mutagenic than the flu and far less than HIV:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7539923/

i.e. based on the PLOS study and the one above:

    1. PLOS study constantly uses the word "risk" and "may", i.e. the authors don't know the actual probabilities of escape and use a mathematical model based on a far more mutagenic virus, HIV.
    2. even if there's a low threshold for the virus to mutate, most of the mutations are not viable
    3. so far we've seen only 4 dominant strains, the rest are being outcompeted : https://www.google.com/search?q=how+many+dominant+mutations+of+covid+are+there
    4. It makes more logical sense to me that if your unvaccinated body takes 10 days to mount a peak immune response (as mentioned in the PLOS study), that still gives the virus more time to mutate even if there are no pressures to mutate. There's lots of missing data in your study, particularly what exactly is the mutation rate for sars-cov-2 in vaccinated vs unvaccinated populations? But if we simply look at where the dominant mutations have come from so far, it's not from countries with high vaccination rates like Israel, New Zealand, or from asian countries that take serious measures at curbing the spread of the virus, singapore, japan, korea, china.
sabujp··on Pfizer's oral Covid-19 antiviral cuts hospitalization, death by 85%
yes vaccination 300% (i.e. single, second, and third booster dose when ready!) Drugs that have anti-biologic properties are never good for your body, neither is allowing symptoms to fully manifest before taking drugs. People should still get the vaccines. The drugs are a backup in case the virus still overwhelms your immune system or causes it to overreact.
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