Down goes the Dow

Ghost of Igloi wrote:

Easy money wrote:

The DGTD contrarian strikes again.

You want it both ways. You were the same guy accusing me of making a FB recommendation. So shove your contrarian indicator where the sun don’t shine.

Oh, you made a FB recommendation alright. The problem is you didn’t realize it. You thought you were warning against FB, but you were actually giving it a BUY. LOLOLOLOLOLOL

seattle prattle wrote:

Ghost of Igloi wrote:

Seattle,

Hope it works out for you, but I doubt it over the intermediate term. Flip a coin over the next week or month. Still a very cyclical business (advertising dependent), increasing regulatory scrutiny and momo stock of this era.

Igy

i actually sold a third of my holding at $163. so i was hedging my bets.

My suspicion is that i will have opportunities to buy those shares back in the coming weeks if i choose to.

Seattle,

My view is the market is increasingly untradeable. What looks like a trade today, is a loss tomorrow. Whereas for the past five years almost every trade was a winner. The current trend is more characteristic of an early stage bear market.

Igy

The problem is that you’ve been saying essentially the same thing here for 3+ years. You remind me of the boy who cried wolf.

Jack Squat wrote:

The problem is that you’ve been saying essentially the same thing here for 3+ years. You remind me of the boy who cried wolf.

You remind me of the sucker consumer of stocks at any price. Wall Street institutions are more then willing to sell you stocks at any price. You provide liquidity to those selling to you. Yet you think you have some higher insight.

Ghost of Igloi wrote:

Jack Squat wrote:

The problem is that you’ve been saying essentially the same thing here for 3+ years. You remind me of the boy who cried wolf.

You remind me of the sucker consumer of stocks at any price. Wall Street institutions are more then willing to sell you stocks at any price. You provide liquidity to those selling to you. Yet you think you have some higher insight.

And you remind me of someone who cannot defend their position so they make up lies about their opponent. It’s so unbecoming.

Oh so profound.

You do not wear your envy well.

We will see what your “envy” is really worth.

Learn to read. It was YOUR envy.

No it is your definition of “envy” which is likely to lose value.

Learn to use yor brain.

Good night.

Your poor understanding of the English language is only exceeded by your inability to do basic math. You are an idiot of epic proportions. Sweet dreams.

idiot investor wrote:I assume this is another buy recommendation?

I guess the thread has a new (handle-stealing) idiot. Consider this idiot gone...

(I was wondering why somebody would want to steal such a stupid handle, and after mulling it over a bit, I remembered,... the internet skews social norms, making otherwise normal people behave like children behind the cover of anonymity. We see a lot of that in this thread)

retiring (original) idiot investor wrote:

idiot investor wrote:I assume this is another buy recommendation?

I guess the thread has a new (handle-stealing) idiot. Consider this idiot gone...

(I was wondering why somebody would want to steal such a stupid handle, and after mulling it over a bit, I remembered,... the internet skews social norms, making otherwise normal people behave like children behind the cover of anonymity. We see a lot of that in this thread)

Yes, now you know what I have been through for three years. You may want to register your handle. As a reasonable poster I hope you continue to stick around.

retiring (original) idiot investor wrote:

idiot investor wrote:I assume this is another buy recommendation?

I guess the thread has a new (handle-stealing) idiot. Consider this idiot gone...

(I was wondering why somebody would want to steal such a stupid handle, and after mulling it over a bit, I remembered,... the internet skews social norms, making otherwise normal people behave like children behind the cover of anonymity. We see a lot of that in this thread)

By way of explanation, this is the handle I used when visiting this thread several months ago. This is an extensive thread and there was no way for me to know if the handle was already in use. Similarly I’m sure you did not read the entire thread to see if the handle had been previously used. No one can blame us for that.

In the interest of good will, this will be my last post under this handle. I wish you all the best.

Jack Squat wrote:

Your poor understanding of the English language is only exceeded by your inability to do basic math. You are an idiot of epic proportions. Sweet dreams.

Could you please stop your incessant whining.

If I were really concerned, I could have registered the name, but then I wouldn't have been able to add shading or colour to the name to suit the situation, which I've been doing most of the time. I think the shtick is worn out. I'll continue to hang out here, I just need to come up with some other way of identifying my fake self. :-) First world problems...

Could You Please wrote:

Jack Squat wrote:

Your poor understanding of the English language is only exceeded by your inability to do basic math. You are an idiot of epic proportions. Sweet dreams.

Could you please stop your incessant whining.

Oh, the irony!

Ghost of Igloi wrote:

retiring (original) idiot investor wrote:

I guess the thread has a new (handle-stealing) idiot. Consider this idiot gone...

(I was wondering why somebody would want to steal such a stupid handle, and after mulling it over a bit, I remembered,... the internet skews social norms, making otherwise normal people behave like children behind the cover of anonymity. We see a lot of that in this thread)

Yes, now you know what I have been through for three years. You may want to register your handle. As a reasonable poster I hope you continue to stick around.

Amazing. Here we have two posters apparently innocently posting under the same name and Igy wants to make the story about him. The guy is stunningly self-centered.

Ghost of Igloi wrote:

seattle prattle wrote:

Sure would be if you could find a weather vane that points up.

Or maybe i'm just a little giddy with the earnings announcement today of Apple, Amazon, and Google.

AMZN would have little or no earnings with out AWS (Amazon Web Services) their web hosting/cloud business, yet you and most investors think it is their retailing business. See page 12 of today’s earning report.

http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9Njg3NTU4fENoaWxkSUQ9Mzk3ODEwfFR5cGU9MQ==&t=1

They’ll get a pass until it matters.

Amazon announces first quarter results after the bell. Currently up almost 11% AFTER HOURS!

"Amazon surprises Wall Street with huge profits, optimistic outlook" link:

I only mention this, Igy, because i know you like to track these things. And since you posted your negative outlook on Amazon, it has risen 17%. That is within 3 months when the broader market is negative in that same timeframe. Which, for most of us, would indicate that you were wrong once again. But i suspect that returns like this only make you more steadfast in your assertion that it is the markets that have it wrong, and with each passing day that the massive correction hasn't occurred, they are even more wrong than they were before.

But perhaps you underestimate Amazon: "Amazon said net income rose to $1.6 billion, or $3.27 per share in the quarter ended March 31. Analysts on average were expecting $1.26 per share, according to Thomson Reuters I/B/E/S. Sales rose 43 percent to $51.0 billion in the quarter, beating analysts’ average estimate of $49.8 billion."

Profit more than doubled analysts expectations.