Ghost of Igloi wrote:
And you forgot this part, what you quoted is a non-GAAP estimate. A year ago 2017 was predicted to be $130.92 currently marked down to $124.76 with further to fall.
You always want it both ways, and when it’s pointed out as fantasy you have some B. S. story on why it doesn’t matter.
I completed the quote which you began. If mine was non-GAAP, then so was yours.
Evidently you don’t know the difference between As Reported and Operating EPS. Start your education there.
Evidently you don’t know the difference between actual results and estimates.
the irony of all this is, the more the market goes up, (and it certainly has been doing a lot of that for a lot of time), the more Ghost of Idiot Child feels he is vindicated because all his past history charts indicate we would be even more primed for a correction if history were going to repeat itself. It is quite clear, however, that no matter how much the market were to fall - if it does at all (which is a big if) - that most traders could hedge their bets and sell some or all, and buy back at a lower price even. My point is simply this: if you missed out on a more than 33% run-up, you fu'd up. If you fail to understand that, you really have no right to be advising anyone on investing, at any level.
Of course the market will fall. Everyone knows that. So repeatedly pointing out that the market is overvalued is the intellectual equivalent of crying wolf. If you’re not telling us when it will fall, then you’re just wasting bandwidth.
Bubs wrote:
Of course the market will fall. Everyone knows that. So repeatedly pointing out that the market is overvalued is the intellectual equivalent of crying wolf. If you’re not telling us when it will fall, then you’re just wasting bandwidth.
On Monday, January 22nd, 9:30 am EST.
seattle prattle wrote:
the irony of all this is, the more the market goes up, (and it certainly has been doing a lot of that for a lot of time), the more Ghost of Idiot Child feels he is vindicated because all his past history charts indicate we would be even more primed for a correction if history were going to repeat itself. It is quite clear, however, that no matter how much the market were to fall - if it does at all (which is a big if) - that most traders could hedge their bets and sell some or all, and buy back at a lower price even. My point is simply this: if you missed out on a more than 33% run-up, you fu'd up. If you fail to understand that, you really have no right to be advising anyone on investing, at any level.
Good luck with your fail proof strategy, and make sure you check-in at S&P 850 points.
The S&P 500 continued its climb this week, closing Friday with another all-time high.
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Ghost of Igloi wrote:
seattle prattle wrote:
the irony of all this is, the more the market goes up, (and it certainly has been doing a lot of that for a lot of time), the more Ghost of Idiot Child feels he is vindicated because all his past history charts indicate we would be even more primed for a correction if history were going to repeat itself. It is quite clear, however, that no matter how much the market were to fall - if it does at all (which is a big if) - that most traders could hedge their bets and sell some or all, and buy back at a lower price even. My point is simply this: if you missed out on a more than 33% run-up, you fu'd up. If you fail to understand that, you really have no right to be advising anyone on investing, at any level.
Good luck with your fail proof strategy, and make sure you check-in at S&P 850 points.
I want to thank you, though, for one thing. Until I came across your blatant stupidity, I used to think that my sizable investing gains were simply a matter of luck, or at most, simply pretty standard and not something i could take much credit for. But since coming across your bombastic approach to the market, i have come to realize that i should not take anything for granted, and in fact, just holding onto a common-sense long term strategy should not be assumed, becuase appartently there are some very misguided individuals out there.
If I can be of any help, please just indicate as much. Because i do feel you need some.
The real Igy walked away from this thread months ago.
Ghost of Igloi wrote:
Narcissism detector wrote:
Only you would think that someone capable of doing basic math is brilliant. You’re a good runner, but a lousy investor.
OK, what if it was poor runner and good investor, does that justify your harassment?
Only you would consider this "harassment." But to answer your question, neither your running or investment history are the reason people don't like you. It's because you have several character flaws which are constantly on display here. Eat a little humble pie and you might see the sun shine.
All eight indexes on our world watch list have posted gains through the first weeks of 2018.
https://www.advisorperspectives.com/dshort/updates/2018/01/23/world-markets-update
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Narcissism detector wrote:
Eat a little humble pie
Many people were buying in to the same theory 3 years ago, but after 6 mos to a year, realized they were dead wrong and stopped the rhetoric.
All but one! Obviously, he is set to spew this until the death. Unfortunately for him, after 3 years, there will be no basis for a "See I told you it so".
Waiting for his personal attacks,
Blind, stupid, muppet, classless, waiting to sell at the bottom,
Mellon
this is like 1999 - huge gains day after day
going to get hammered at some point - this is way, way too easy.
But shows you how much money is out there - it drove bitcoin to $20,000 and it has driven global stock markets up by the trillions. I think trillions. Hundreds of billions anyway. We live in a golden age of wealth.
agip wrote:
going to get hammered at some point
Agreed! But I do not think what is driving the market up is the same as 1999.
Obviously from my 10% correction contest prediction, I believe it will run awhile longer.
Although, I would not discourage anyone from moving to a very conservative position right now.
Especially, if they're as old as Mellon.
Ghost of Igloi wrote:
Bubs wrote:
Of course the market will fall. Everyone knows that. So repeatedly pointing out that the market is overvalued is the intellectual equivalent of crying wolf. If you’re not telling us when it will fall, then you’re just wasting bandwidth.
On Monday, January 22nd, 9:30 am EST.
Wrong again.
Yet another record high for the Dow!
Finally!!!!
Silence is Golden
The silence is only temporary. He received a temporary ban for some of his indiscretions.
LRC insider wrote:
The silence is only temporary. He received a temporary ban for some of his indiscretions.
I think you are right.