Down goes the Dow

Pointing Out the Obvious wrote:

K5 wrote:

Too bad I missed out on the 2000-2002 and 200809 collapses because I foolishly panic sold in advance.

I missed out on those tidy losses everyone who stayed in enjoyed

Your post-facto self-reported investment moves/gains are about as credible as flaggy's. No more. No less.

You are a very stupid person. I would never have posted about getting out at 15,000 this past summer were I interested in impressing morons who I don't know like yourself. I would have just lied.

I have bailed three times in the past 14 years. The first two proved to be very good moves. Very good. The third has cost me a bit so far. It sure as Hell ain't over yet. I am still reasonably confident I will be re-entering the marker with the Dow well below 15,000.

"The Dog That Did Not Bark". 4/29/2011; Dow 12810.54. 10/03/2011; Dow 10655.3; - 2155.24 (-16.8%), and you did not sell ???? Also in Summer 2011: debt ceiling showdown; S&P downgrade; CDS blowup of US and Euro banks; possible breakup of Euro, and you did not sell ????. What happened to your [cough] intuition [cough] that year ?

K5 wrote:

Westover wrote:

Agreed. The average investor will have below average returns because they tend to panic sell, just like the fellow who started this thread. But this guy 'saw', or 'felt', things that just weren't there. Too bad for him, but someone is making a tidy profit off of his foolishness.

Too bad I missed out on the 2000-2002 and 200809 collapses because I foolishly panic sold in advance.

I missed out on those tidy losses everyone who stayed in enjoyed

That's exactly my point: trying to time the market is a crap shoot. You may win occasionally, but overall you are likely to lose. A fools game.

Westover wrote:

K5 wrote:

Too bad I missed out on the 2000-2002 and 200809 collapses because I foolishly panic sold in advance.

I missed out on those tidy losses everyone who stayed in enjoyed

That's exactly my point: trying to time the market is a crap shoot. You may win occasionally, but overall you are likely to lose. A fools game.

How do you know? It seemed obvious to me that I should get out in 2008 at the start of the meltdown. It saved me several hundreds of thousands of dollars. Pros make moves every day based on speculation and we pay them to do so on our behalf. We are supposed to pay investment 'experts" to make these moves, but if we do so ourselves it is called timing the market and derided as foolish. We are told two things by the experts that are diametrically in opposition to each other, but you buy into both.

la gente está muy loca. wrote:

"The Dog That Did Not Bark". 4/29/2011; Dow 12810.54. 10/03/2011; Dow 10655.3; - 2155.24 (-16.8%), and you did not sell ???? Also in Summer 2011: debt ceiling showdown; S&P downgrade; CDS blowup of US and Euro banks; possible breakup of Euro, and you did not sell ????. What happened to your [cough] intuition [cough] that year ?

Am I claiming I have seen every dip that was coming? Of course not. Looks like you have had to employ the strawman strategy to attack me for things I never said. I guess that's what you have to do when you have no facts to argue with.

K5 wrote:

la gente está muy loca. wrote:

"The Dog That Did Not Bark". 4/29/2011; Dow 12810.54. 10/03/2011; Dow 10655.3; - 2155.24 (-16.8%), and you did not sell ???? Also in Summer 2011: debt ceiling showdown; S&P downgrade; CDS blowup of US and Euro banks; possible breakup of Euro, and you did not sell ????. What happened to your [cough] intuition [cough] that year ?

Am I claiming I have seen every dip that was coming? Of course not. Looks like you have had to employ the strawman strategy to attack me for things I never said. I guess that's what you have to do when you have no facts to argue with.

So says the most prolific strawman producer on this board. Hilarious.

Hypocrite detector wrote:

K5 wrote:

Am I claiming I have seen every dip that was coming? Of course not. Looks like you have had to employ the strawman strategy to attack me for things I never said. I guess that's what you have to do when you have no facts to argue with.

So says the most prolific strawman producer on this board. Hilarious.

Try to explain how it is that I am a "strawman producer" (my God you cannot put together words in a pleasing manner, can you?). Oh wait. That would require some facts and arguing a position. Better that you just stick to unsupported assertions. Those you can do.

K5 wrote:

Westover wrote:

That's exactly my point: trying to time the market is a crap shoot. You may win occasionally, but overall you are likely to lose. A fools game.

How do you know? It seemed obvious to me that I should get out in 2008 at the start of the meltdown. It saved me several hundreds of thousands of dollars. Pros make moves every day based on speculation and we pay them to do so on our behalf. We are supposed to pay investment 'experts" to make these moves, but if we do so ourselves it is called timing the market and derided as foolish. We are told two things by the experts that are diametrically in opposition to each other, but you buy into both.

Here you go, strawman producer.

Hypocrite detector wrote:

K5 wrote:

How do you know? It seemed obvious to me that I should get out in 2008 at the start of the meltdown. It saved me several hundreds of thousands of dollars. Pros make moves every day based on speculation and we pay them to do so on our behalf. We are supposed to pay investment 'experts" to make these moves, but if we do so ourselves it is called timing the market and derided as foolish. We are told two things by the experts that are diametrically in opposition to each other, but you buy into both.

Here you go, strawman producer.

I see. You have no idea what you are talking about when you accuse me of "strawmanism". And cannot even try to explain it. Do yourself a favor and stfu

I'm sorry if you're too dense to see the obvious.

Hypocrite detector wrote:

I'm sorry if you're too dense to see the obvious.

If you could support your assertion, you would. But you can't and don't.

You don't know what you are talking about.

K5 wrote:

Pointing Out the Obvious wrote:

Your post-facto self-reported investment moves/gains are about as credible as flaggy's. No more. No less.

You are a very stupid person. I would never have posted about getting out at 15,000 this past summer were I interested in impressing morons who I don't know like yourself. I would have just lied.

I have bailed three times in the past 14 years. The first two proved to be very good moves. Very good. The third has cost me a bit so far. It sure as Hell ain't over yet. I am still reasonably confident I will be re-entering the marker with the Dow well below 15,000.

That would place me about 20 IQ points ahead of you. But that isn't really fair. In reality I am about 80 IQ points above you and sneering at your little, underdeveloped troll of a mind.

K5 wrote:

Westover wrote:

That's exactly my point: trying to time the market is a crap shoot. You may win occasionally, but overall you are likely to lose. A fools game.

How do you know? It seemed obvious to me that I should get out in 2008 at the start of the meltdown. It saved me several hundreds of thousands of dollars. Pros make moves every day based on speculation and we pay them to do so on our behalf. We are supposed to pay investment 'experts" to make these moves, but if we do so ourselves it is called timing the market and derided as foolish. We are told two things by the experts that are diametrically in opposition to each other, but you buy into both.

How do I know? There are decades of data to back up the fact that timing the market is foolish. Amateurs, like yourself, who try to do so usually lose money over the long term. Leave it to the pros (though there's no guarantees there).

Westover wrote:

K5 wrote:

How do you know? It seemed obvious to me that I should get out in 2008 at the start of the meltdown. It saved me several hundreds of thousands of dollars. Pros make moves every day based on speculation and we pay them to do so on our behalf. We are supposed to pay investment 'experts" to make these moves, but if we do so ourselves it is called timing the market and derided as foolish. We are told two things by the experts that are diametrically in opposition to each other, but you buy into both.

How do I know? There are decades of data to back up the fact that timing the market is foolish. Amateurs, like yourself, who try to do so usually lose money over the long term. Leave it to the pros (though there's no guarantees there).

What the eff do the pros know? If you want to buy and hold no matter what is going on and think that is the intelligent way to do things in a bubble economy, be my guest. Personally I am not a big fan of losing 50% of the value of my investments in a month's time as we saw on 2008 -- or 25% per year for three straight years as we saw in 2000-2002. And I did not due to my foolish timing of the market

K5 wrote:

Westover wrote:

How do I know? There are decades of data to back up the fact that timing the market is foolish. Amateurs, like yourself, who try to do so usually lose money over the long term. Leave it to the pros (though there's no guarantees there).

What the eff do the pros know? If you want to buy and hold no matter what is going on and think that is the intelligent way to do things in a bubble economy, be my guest. Personally I am not a big fan of losing 50% of the value of my investments in a month's time as we saw on 2008 -- or 25% per year for three straight years as we saw in 2000-2002. And I did not due to my foolish timing of the market

your investments went down 50% in a month? you're right - you shouldn't be in the market with that kind of portfolio.

My God you are limited intellectually and creatively, aren't you?

You poor little SOB

K5 wrote:

My God you are limited intellectually and creatively, aren't you?

You poor little SOB

Nothing to say, eh mate? That's what I thought.

This has dissolved into one of the most pathetic threads I've ever seen on LetsRun.

yagtash wrote:

This has dissolved into one of the most pathetic threads I've ever seen on LetsRun.

Well, it does have two redeeming qualities:

1) It brought to light that flaggy does not understand how mutual fund dividends work.

and

2) It helped some folks understand how to use the word, 'devolve'.