yet more all time highs - remember these days, boys - these are the good times.
US now up 14% YTD - turning out to be a very good year in the US.
Shockingly tho - the world except the US is DOWN 3%. (ticker VEU)
it is amazing that people fault obama for the economic performance in this country.
I mean, fault him for obamacare, for diplomacy, whatever, but the economy has been a diamond in a global sea of coal for years now.
yep, remember these days, boys. Remember that China and Russia just moved one step closer to ending the dollar reserve currency status, with their latest announcement of currency swaps. Just one step closer to getting rid of the middle-man dollar.
Remember these days, boys.
:shakinghead: wrote:
yep, remember these days, boys. Remember that China and Russia just moved one step closer to ending the dollar reserve currency status, with their latest announcement of currency swaps. Just one step closer to getting rid of the middle-man dollar.
Remember these days, boys.
You forgot to blame Obama.
Obama is a moron who has debt-financed all sorts of speculation and short-term manipulation. OTOH Maserati is looking like a genius, with the DJIA now over 18,000 exactly like he said it would be at this time. He said he could see it going to 19k until the newly elected Republicans start trying to effect policy, but given how conciliatory they already seem to be, I am more inclined to agree with Flagpole that the market will continue to rise until the next presidential election.
If you combine these 2 predictions, you have a DOW going to 19k soon, and continuing to rise for another year or so after that. I'm in. Maybe I'm optimistic, but things feel really good right now, and I'm inclined to believe in both Flagpole and Maserati, even though Flagpole just re-iterated what Maserati said a long time ago about foreign money flooding into the USA. They both seem to make sense to me.
FY 2014 wrote:
OTOH Maserati is looking like a genius,
here, from Maserati on October 24, with the markets 7% lower than now:
Up about 100 in late trading Friday, nice gain heading into the weekend.
If I had bought in the last week, I would be selling right now, depending of course on what I bought. I have no confidence in these index levels, going forward.
Read more:
http://www.letsrun.com/forum/flat_read.php?thread=5369837&page=194#ixzz3N2TUczUX__
and so on
yes, he changed his mid a few times, but selling at a bottom is not genius, genius.
and if that is you, maser, come on back man - things are little flat in the thread without you.
I can keep needling you if that would help - saying bad things about your predictive ability and shading the truth against you. Would you like that? Would you?
Maserati wrote:
Futures lower, DJIA will get a boost from Visa.
These Q3 GDP numbers that will be thrown out, remember that they are b.s., it is government doing all the spending. Not only was direct government spending up a whopping 4.6%, government spending is a big part of the "GDP" numbers. Nobody with a working mind believes the GDP numbers, which is why treasuries climbed on the news.
Of course, many people who matter in this game have no working mind.
Watching...
hah - there's another brilliant maserism - he said the 3Q growth numbers would be thrown out - well he was right about that - but he thought they would be lowered. Instead they were RAISED a heck of a lot to the strongest quarter in what - 10 years?
genius!!!! Totally got his senses wired in to the economy.
(I can keep this up, Maser) Uncle?
Once in a while I get the urge to come back on this site and peek around the boards. I couldn't get through more than 3 pages of this rubbish thread... Pure pain. I am an equity trader at MS and would like to share some basics but really not sure it's worth it.. Certainly I won't be adding it to this horrendous piece of work here. What a bunch of knuckleheads, if anyone is dropping by this thread to get advice please turn away immediately. That is the first piece of advice I'll offer.
Unamazed wrote:
Once in a while I get the urge to come back on this site and peek around the boards. I couldn't get through more than 3 pages of this rubbish thread... Pure pain. I am an equity trader at MS and would like to share some basics but really not sure it's worth it.. Certainly I won't be adding it to this horrendous piece of work here. What a bunch of knuckleheads, if anyone is dropping by this thread to get advice please turn away immediately. That is the first piece of advice I'll offer.
um, any specifics? I'm in the mood for an argument.
agip I went to that link you gave, read through the page, then went on to read page 196 of this thread.
On those 2 pages, Maserati did a few things. He explained the expatriation numbers, which is something I did not know and which I appreciated. He also detailed how the GDP calculation has changed--something else I didn't know and that I appreciated, which puts growth figures into perspective. He also specifically stated that he "could see the Dow topping 18k by the end of 2014 and reaching 19k in not too long", the first part of which has been absolutely correct. He also presented evidence to show how much of the newly-calculated "GDP growth" was due to increased government spending, and gave us his opinion on why government spending is not as good as private-sector spending.
Sorry, but from where I sit he is clearly the best poster on this thread, if not the best poster on any online financial thread I have ever read, and I have read many. Not only that, he seems to be the most genuine poster on this thread, actually congratulating Flagpole on the gains he made using his own strategy.
I will continue following this thread, hoping that he or she returns.
Unbiased wrote:
agip I went to that link you gave, read through the page, then went on to read page 196 of this thread.
On those 2 pages, Maserati did a few things. He explained the expatriation numbers, which is something I did not know and which I appreciated. He also detailed how the GDP calculation has changed--something else I didn't know and that I appreciated, which puts growth figures into perspective. He also specifically stated that he "could see the Dow topping 18k by the end of 2014 and reaching 19k in not too long", the first part of which has been absolutely correct. He also presented evidence to show how much of the newly-calculated "GDP growth" was due to increased government spending, and gave us his opinion on why government spending is not as good as private-sector spending.
Sorry, but from where I sit he is clearly the best poster on this thread, if not the best poster on any online financial thread I have ever read, and I have read many. Not only that, he seems to be the most genuine poster on this thread, actually congratulating Flagpole on the gains he made using his own strategy.
I will continue following this thread, hoping that he or she returns.
agreed that maser brought a lot of good information to the table - but not agreed that he was an accurate forecaster of market returns.
heck, no one is.
haha, I never thought that Maser could be a girl
Unbiased wrote:
agip I went to that link you gave, read through the page, then went on to read page 196 of this thread.
Well, I see Maserati questioning the Q3 GDP numbers and expecting them to be corrected downward. Oops. Also he talks about increased govt jobs. Wrong again.
What was your point?
Pointing Out the Obvious wrote:
Unbiased wrote:agip I went to that link you gave, read through the page, then went on to read page 196 of this thread.
Well, I see Maserati questioning the Q3 GDP numbers and expecting them to be corrected downward. Oops. Also he talks about increased govt jobs. Wrong again.
What was your point?
That dude maserati knows more about the markets than you know about anything. You could at least try to type his name correctly and show a bit of respect.
What the What wrote:
Randy Oldman wrote:Why do you say that? The health of US economy is dependent on cheap imports and foreign investment. Foreign investment in the US dwarfs US investment abroad.
You say that as if these are bad things.
Cheap imports? So, you are complaining about a strong dollar?
Large foreign investment? So, the rest of the world thinks that the US is a great place to invest?
These are negative?
No negative. Just pointing out that the US economy is not independent.
Pointing Out the Obvious wrote:
That dude maserati knows more about the markets than you know about anything. You could at least try to type his name correctly and show a bit of respect.
Pointing Out the Obvious, you have been duped by a condescending blowhard. Maserati has given next to no specifics about what he "knows" and speaks in generalities and riddles to try to impress. Apparently this has worked on you. Dude is afforded no respect. Wake up!
more all time highs in the US even as the rest of the world falls another half percent
where does this end? strange days.
agip wrote:
more all time highs in the US even as the rest of the world falls another half percent
where does this end? strange days.
Strange indeed. The market TRIED to go south this morning, but it has since gained.
Flagpole wrote:
Pointing Out the Obvious wrote:That dude maserati knows more about the markets than you know about anything. You could at least try to type his name correctly and show a bit of respect.
Pointing Out the Obvious, you have been duped by a condescending blowhard. Maserati has given next to no specifics about what he "knows" and speaks in generalities and riddles to try to impress. Apparently this has worked on you. Dude is afforded no respect. Wake up!
No, actually I agree with you. But, well, it's complicated. I wouldn't expect you to understand.
yesterday - "Yeahhh!!! The market is booming! Woohoo! I told you so!"
today - "This is strange! But, yeah, it's booming! Woohoo!"
hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Logic Al wrote:
yesterday - "Yeahhh!!! The market is booming! Woohoo! I told you so!"
today - "This is strange! But, yeah, it's booming! Woohoo!"
hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Hi K5