agip wrote:
Up goes the Dow - futures indicating a new all time high at the open.
hope the rally extend to emerging markets - that's where I need to make some money. I'm overweight there.
Looks like another sleepless night for Igy.
agip wrote:
Up goes the Dow - futures indicating a new all time high at the open.
hope the rally extend to emerging markets - that's where I need to make some money. I'm overweight there.
Looks like another sleepless night for Igy.
Nah SCIIG, I make more money in up markets. Just ask agip and the Financial Advisor.
emerging markets would go up even more, one would think. China was getting hurt by the trade wars worse than us.
I've been underwater for so long on my emerging markets ETF, it's got an awful long way to go to break even.
Tech - where i am overweight on - should do nicely, too.
seattle prattle wrote:
emerging markets would go up even more, one would think. China was getting hurt by the trade wars worse than us.
I've been underwater for so long on my emerging markets ETF, it's got an awful long way to go to break even.
Tech - where i am overweight on - should do nicely, too.
yeah except when people need to get into the stock market quickly they buy the SP500. It's so liquid and you don't get fired for buying the SP500. You do get fired for betting wrong on Thailand or whatsit.
Ghost of Igloi wrote:
Nah SCIIG, I make more money in up markets. Just ask agip and the Financial Advisor.
Wow. I was referring to your clients, assuming you still have some left. Could you possibly care any less about them? I guess they are just a paycheck to you.
Yea added another $Million in assets last month. Wealthy people expect good advice, word of mouth you know.
Ghost of Igloi wrote:
Yea added another $Million in assets last month. Wealthy people expect good advice, word of mouth you know.
I was talking about you, not your partner.
Hang on to those EM’s, current prices are a dollar artifact. How long can you afford to hold them?
agip wrote:
Maserati wrote:
Come now, agip!
It’s not “secret manipulation “, it’s “overt management”.
And it’s not “vast conspiracy”, it’s “general agreement “.
There is no need to get tinfoil hat over this. It escapes me why you are resistant to the fact that there is a relatively small number of players controlling your markets and your money. When Racket said that these players consisted of a handful of greedy fvcks on Wall St, he was mostly right—there are also some internationally particularly in London, and there is a revolving door between them and government.
This is well-known fact. The difficulty is to figure out the club from the outside. I have glimpsed the inside, and you wouldn’t believe the types of things that drive decision-making.
ok then link to a legit story describing what you have seen in the marketplace. Showing how the government controls the bond market to effect policy,
Other than the fed funds rate and QE/QT.
LIBOR fixing was pretty much that wasn't it?
For the record, I'm off the opinion that everyone is in it just to get rich and they're doing so by copying off each other. It's like a big circle of desks where each student cheats and copies the person in front of them. They're all doing the same thing and that policy trickles into the government through guys like Steve Mnuchin and Henry Paulson. I mean, most ETFs are controlled by like 3 or 4 institutions. Some trust busting or anti-monopoly would be good for actual open market operations
seattle prattle wrote:
ANyone watch bitcoin? I know it does some batsh!t crazy stuff, but in the course of the last four hours, it's tanked 15% and then rose 14% from there. That's one huge swing in the course of a few hours.
Not sure why Bitcoin still exists since it's only purpose is to launder money and buy illegal drugs/firearms/services.
Ghost of Igloi wrote:
Nah SCIIG, I make more money in up markets. Just ask agip and the Financial Advisor.
You mean MADE more money in the up Market. But we're not in 2010.
Pretty weak rally. Some bulls must be losing sleep.
Ghost of Igloi wrote:
Pretty weak rally.
Closer to a rally than a major meltdown.
purple martin wrote:
Ghost of Igloi wrote:
Pretty weak rally.
Closer to a rally than a major meltdown.
OK. I think a quadruple top with deteriorating fundamentals. Every move up gets weaker. Like dropping a ball. But we’ll see where the market goes.
Ghost of Igloi wrote:
purple martin wrote:
Closer to a rally than a major meltdown.
OK. I think a quadruple top with deteriorating fundamentals. Every move up gets weaker. Like dropping a ball. But we’ll see where the market goes.
Wasn’t there just another record high?
SCIIG wrote:
Ghost of Igloi wrote:
Nah SCIIG, I make more money in up markets. Just ask agip and the Financial Advisor.
Wow. I was referring to your clients, assuming you still have some left. Could you possibly care any less about them? I guess they are just a paycheck to you.
You made the mistake of thinking Igy cares about his client(s). For Igy, it’s all about Igy.
Narcissist detector wrote:
SCIIG wrote:
Wow. I was referring to your clients, assuming you still have some left. Could you possibly care any less about them? I guess they are just a paycheck to you.
You made the mistake of thinking Igy cares about his client(s). For Igy, it’s all about Igy.
that's out of line, lame and stupid. You should apologize.
if Igy didn't care about his clients he sure wouldn't be so far out of consensus. he'd just pigeonhole them and not make any decisions.
agip wrote:
Narcissist detector wrote:
You made the mistake of thinking Igy cares about his client(s). For Igy, it’s all about Igy.
that's out of line, lame and stupid. You should apologize.
if Igy didn't care about his clients he sure wouldn't be so far out of consensus. he'd just pigeonhole them and not make any decisions.
If Igy cared about his clients, he sure as heck wouldn’t be touting funds such as HSGFX which is now at an all-time low.