I think the guy has lost a lot all his money listening to CNBC, Cramer and the hotshot wall street gurus and can’t discern traders from “funny mentals” the experts ( bs’ers) partying with OPM.
Pity, the fellow wanted “someone else” to make him rich…it is NEVER going to happen. Take control of your own money and listen to true sources…they are around…you just need to ask them if they trade futures contracts and then proceed. If they don’t RUN AWAY.
Balance sheet/income statement..funny mentals….and you lose your 401k and portfolio. Listen to buffons giving idiotic advice ( buy and hold…worst myth since 1999) you deserve your poverty. You only buy and hold in a trading range a la 66-82 and await the parabolic move which will happen…nobodo knows when.
If you know where the futures are going….THE STOCKS WILL FOLLOW.
Yes, Rick…Proctor, J&J, Macdonals et al…are all going down to their monthly lows they had way back in the day….any stock not debased will be by now and 2011 and then by 2016.
When all is lost by 2016 and the stock mkt is proclaimed as a terrible investment for the next ‘X” years and not something you should do for your retirment, you then buy and hold….in a nice trading range awaiting the next parabolic run a la 1994-2000.
There is one difference in the stock mkt periods before and now. Now, America is the only game in town. Nonetheless history or events usually unfold the same way….nobody knows why.
TKOFeb 25, 2009 @ 0:13
Concerning Fraud Fraud Fraud,
Prolonged stress reveals the weak links. Increase the pressure, and more irrationality ensues. Cycle highs in gold in the September time frame correspond with cycle lows in the stock market. Seven more months of increasing pressure. Perhaps we can log the incidence of these outbursts and formulate some useful indicator.
Thanks for the observation, TKO. If whatever mental disease this guy has proves contagious, it could make us yearn for a bird flu alternative.
MidgetFeb 24, 2009 @ 16:09
Gentlemen all,
I surmise from the comments that the Bush II legacy should prevail and the “free” market set everything right again in lieu of the stimulus and let the top 1% of wealthy people beggar their remaining 99% of society. Lots of luck.
RichFeb 24, 2009 @ 9:52
Like oil and gold lately, Mr Market and higher tax talk do not mix.
If the current cabal in DC is not totally tone deaf, they will back off the schizophrenic non-sequitur lurches from record spending and doubling troops in Afghanistan/Pakistan to cutting entitlements and tax hobbling the productive engines still alive in this castrated economy. That is, unless the intent is to crush the economy further with more government by emergency powers and spending. Ha Ha.
We bought this AM for a little variety, speaking of non-sequiturs. Enjoying the dead feline bounce on more bad news. Will it go further and higher than most think? Then 6883 and 4670?
AGE BROUWERFeb 24, 2009 @ 6:55
AMAZING THEORY , I WILL SIGNUP IF 6883 HOLDS AS YOU STATE .RGDS
OccdudeFeb 24, 2009 @ 1:45
My comment was in reference to stocks falling to the 4670 level (typing with one hand post- surgery makes you a little fuzzy)
OccdudeFeb 24, 2009 @ 1:41
As my old high school sweet heart said to me from the back seat of my 69 plymouth ” honey, thats too much, too fast”.
I believe eventually we’ll get there from here, but the goverment hasn’t pulled out its not so secret weapon, the printing press. You also have outlawing shorting of stocks, market closures and like the Pakistanis you could forbid stocks falling in price (outlawing selling period).
Comments on this entry are closed.
I think the guy has lost a lot all his money listening to CNBC, Cramer and the hotshot wall street gurus and can’t discern traders from “funny mentals” the experts ( bs’ers) partying with OPM.
Pity, the fellow wanted “someone else” to make him rich…it is NEVER going to happen. Take control of your own money and listen to true sources…they are around…you just need to ask them if they trade futures contracts and then proceed. If they don’t RUN AWAY.
Balance sheet/income statement..funny mentals….and you lose your 401k and portfolio. Listen to buffons giving idiotic advice ( buy and hold…worst myth since 1999) you deserve your poverty. You only buy and hold in a trading range a la 66-82 and await the parabolic move which will happen…nobodo knows when.
If you know where the futures are going….THE STOCKS WILL FOLLOW.
Yes, Rick…Proctor, J&J, Macdonals et al…are all going down to their monthly lows they had way back in the day….any stock not debased will be by now and 2011 and then by 2016.
When all is lost by 2016 and the stock mkt is proclaimed as a terrible investment for the next ‘X” years and not something you should do for your retirment, you then buy and hold….in a nice trading range awaiting the next parabolic run a la 1994-2000.
There is one difference in the stock mkt periods before and now. Now, America is the only game in town. Nonetheless history or events usually unfold the same way….nobody knows why.
Concerning Fraud Fraud Fraud,
Prolonged stress reveals the weak links. Increase the pressure, and more irrationality ensues. Cycle highs in gold in the September time frame correspond with cycle lows in the stock market. Seven more months of increasing pressure. Perhaps we can log the incidence of these outbursts and formulate some useful indicator.
Thanks for the observation, TKO. If whatever mental disease this guy has proves contagious, it could make us yearn for a bird flu alternative.
Gentlemen all,
I surmise from the comments that the Bush II legacy should prevail and the “free” market set everything right again in lieu of the stimulus and let the top 1% of wealthy people beggar their remaining 99% of society. Lots of luck.
Like oil and gold lately, Mr Market and higher tax talk do not mix.
If the current cabal in DC is not totally tone deaf, they will back off the schizophrenic non-sequitur lurches from record spending and doubling troops in Afghanistan/Pakistan to cutting entitlements and tax hobbling the productive engines still alive in this castrated economy. That is, unless the intent is to crush the economy further with more government by emergency powers and spending. Ha Ha.
We bought this AM for a little variety, speaking of non-sequiturs. Enjoying the dead feline bounce on more bad news. Will it go further and higher than most think? Then 6883 and 4670?
AMAZING THEORY , I WILL SIGNUP IF 6883 HOLDS AS YOU STATE .RGDS
My comment was in reference to stocks falling to the 4670 level (typing with one hand post- surgery makes you a little fuzzy)
As my old high school sweet heart said to me from the back seat of my 69 plymouth ” honey, thats too much, too fast”.
I believe eventually we’ll get there from here, but the goverment hasn’t pulled out its not so secret weapon, the printing press. You also have outlawing shorting of stocks, market closures and like the Pakistanis you could forbid stocks falling in price (outlawing selling period).