Sally Vix wrote:
Ghost, we might be seeing 27,000 for the Dow soon and 8000 for the NASDAQ. Do you think it will continue going up like gangbusters?
Sally,
Institutional traders using retail investors as a source of liquidity spinning an all clear narrative. Still 15 month S&P Index return annualized at 0.787% with reinvested dividends annualized at 2.298% while 3 month Treasury Bill annualized at 2.39%.
You tell me.
Igy
Ghost of Igloi wrote:
Sally Vix wrote:
Ghost, we might be seeing 27,000 for the Dow soon and 8000 for the NASDAQ. Do you think it will continue going up like gangbusters?
Sally,
Institutional traders using retail investors as a source of liquidity spinning an all clear narrative. Still 15 month S&P Index return annualized at 0.787% with reinvested dividends annualized at 2.298% while 3 month Treasury Bill annualized at 2.39%.
You tell me.
Igy
Ghost - enough with the 15-month and 20 year mantra. Get a new routine. Pick a random date not some cherry-picked one you have used forever now.
Sally, I’ll let you use the 90 year data. Of course we all know you will at least live to age 149.
Ghost of Igloi wrote:
Sally Vix wrote:
Ghost, we might be seeing 27,000 for the Dow soon and 8000 for the NASDAQ. Do you think it will continue going up like gangbusters?
Sally,
Institutional traders using retail investors as a source of liquidity spinning an all clear narrative. Still 15 month S&P Index return annualized at 0.787% with reinvested dividends annualized at 2.298% while 3 month Treasury Bill annualized at 2.39%.
You tell me.
Igy
I highly doubt institutions give even the remotest fvck about what retail thinks. Retail is a footnote of a footnote on a paper napkin from lunchtime to them. They're more concerned with how they're gonna dump on each other
Perhaps, but how do you explain that any data that has a track record is ignored but wives tales are promoted? The traders have largely never experienced a bear market same for the algo programmers. Why is that? Same deal, experience and grey hair is detrimental to pushing the narrative.
Just saw another rumor that Trump is considering Herman Cain again for a Fed position lol
9-9-9
Ghost of Igloi wrote:
Perhaps, but how do you explain that any data that has a track record is ignored but wives tales are promoted? The traders have largely never experienced a bear market same for the algo programmers. Why is that? Same deal, experience and grey hair is detrimental to pushing the narrative.
Because institutions are just as clueless as your average retail trader. I went to a "prestigious" school for undergrad with a well known business school. A lot of those kids I knew are working on Wall Street and you know what? They're retards. Complete morons that only got into school from a legacy status, only passed because of rampant cheating and test sharing, and only got the job on Wall Street because daddy works there. Extend that out about 3 generations or so and that's what you're dealing with.
It's like old school baseball when statisticians were begging managers to look at the numbers and instead GMs pass on a great hitter/pitcher because he has an ugly girlfriend and well, he must have self-esteem issues.
Funny. Billy Ball....
Exactly
Ghost of Igloi wrote:
Funny. Billy Ball....
For a guy who claims to know nothing about sports other than track, you sure talk a lot about baseball and football.
The global central bankers are not retards but as academics they are real world functioning illiterate. Mix them up in the brew with the institutional retards. That should give you a road map for where we are eventually headed.
Lemons wrote:
Ghost of Igloi wrote:
Funny. Billy Ball....
For a guy who claims to know nothing about sports other than track, you sure talk a lot about baseball and football.
No, just responding to Racket’s “Billy Ball” like comments. I am sure the Go Pats! Guy is the only reference to football. Would have ignored it if he wasn’t a turd.
Ghost of Igloi wrote:
The global central bankers are not retards but as academics they are real world functioning illiterate. Mix them up in the brew with the institutional retards. That should give you a road map for where we are eventually headed.
Good point, I don't disagree. Only problem is they control all the money. Their policies don't have to work because they'll always just "work," if you know what I mean.
Bailouts will always come, support will always be there, and he middle class will continue to be pressured to foot the bill with a promise of an OK 401k dangling in front of them
Certainly the highest probability outcome and the one most expect. There is another where the wisdom of market intervention and globalism is challenged. You see that already, just only driving policy at the fringes. I can see an outcome where assets fall well below fair value. True price discovery would do that, so certainly not out of the question.
Ghost of Igloi wrote:
Lemons wrote:
For a guy who claims to know nothing about sports other than track, you sure talk a lot about baseball and football.
No, just responding to Racket’s “Billy Ball” like comments. I am sure the Go Pats! Guy is the only reference to football. Would have ignored it if he wasn’t a turd.
You sure confused the hell out of that British guy with your football references. I’m sure he thought you were talking about his kind of football, not American football.
Actually it was meant for you. Must have worked. Turd.
Ghost of Igloi wrote:
Sally Vix wrote:
Ghost, we might be seeing 27,000 for the Dow soon and 8000 for the NASDAQ. Do you think it will continue going up like gangbusters?
Sally,
Institutional traders using retail investors as a source of liquidity spinning an all clear narrative. Still 15 month S&P Index return annualized at 0.787% with reinvested dividends annualized at 2.298% while 3 month Treasury Bill annualized at 2.39%.
Igy
Sounds impressive! Unfortunately, has nothing to do with the market since 2011.
Probably more like the market from 3/2000 thru 5/2013, or 2018 thru 2032.
Ghost of Igloi wrote:
Actually it was meant for you. Must have worked. Turd.
When did you change your name?