Down goes the Dow

Rubbish.

When the various pensions are invested in the market, and when those responsible for managing or guaranteeing the solvency of the funds are public-sector bureaucrats following policy set by elected representatives of the citizenry, you MUST say 'government' generically.

Just who do you think would pick up the tab if Illinois went broke, genius?

Get a life and get your head out of your @ss, kid. You may work in the trenches, but it prevents you from having any view from above.

Orkney wrote:

Rubbish.

When the various pensions are invested in the market, and when those responsible for managing or guaranteeing the solvency of the funds are public-sector bureaucrats following policy set by elected representatives of the citizenry, you MUST say 'government' generically.

Just who do you think would pick up the tab if Illinois went broke, genius?

Get a life and get your head out of your @ss, kid. You may work in the trenches, but it prevents you from having any view from above.

Thanks for so definitively proving his point:

"anyone who says anything like 'the markets cannot be allowed to crash' is a loudmouth."

Just too funny

"Loudmouth" is just an emotionally-based euphemism for somebody you can't stand, because you know they're right, but you don't want them to be.

Get over it and suck it up, ladies.

Oh, the irony!

Orkney wrote:

"Loudmouth" is just an emotionally-based euphemism for somebody you can't stand, because you know they're right, but you don't want them to be.

Get over it and suck it up, ladies.

you don't like 'loudmouth'?

Here are some other choices:

babbler blabber blowhard chatterbox chatterer gasbag gossiper gossipmonger jabberer squealer tattletale windbag babblemouth bag of wind bigmouth blabberer gabber motor-mouth yapper

I like 'yapper' and 'jabberer' - good call on 'loudmouth' - it's not quite right.

no, no - a compound adjective works best:

"motor-mouth yapper"

yes. that's the one. Sort of retro but cool, and a little funny. Meant to put the accusee down as a little person. I'm in.

I notice you never said I was wrong. You know why? Because I'm not, and you can't stand it.

Grow up kid. I don't give a crap what you think about me.

Orkney wrote:

I notice you never said I was wrong. You know why? Because I'm not, and you can't stand it.

Grow up kid. I don't give a crap what you think about me.

yes you do care

or you wouldn't have responded.

Anyway, what are we arguing about here? RIght - your statement that 'the markets will not be allowed to crash'

ok - that is patently false. The market has crashed twice in 15 years. There is nothing the plunge protection committee could do to stop a crash. If they could have, maybe they would have stopped two 50% falls, no?

let's say Iran nukes tel aviv and saudi - you're telling me that the PPT would spring into action and be able to levitate the markets? yes or no.

First of all if you had read everything you would know that I said "the markets cannot be allowed to crash, or find a new, lower equilibrium."

But let's stick to crash. Do you actually believe that conditions, controls, and structural qualities of the market are the same as they were in either 2000 or 2008?

This has quickly become a waste of my time. You guys are like fish in a small bowl, swimming in your own toilet.

Are you waving the white flag, Orkney?

Orkney wrote:

First of all if you had read everything you would know that I said "the markets cannot be allowed to crash, or find a new, lower equilibrium."

But let's stick to crash. Do you actually believe that conditions, controls, and structural qualities of the market are the same as they were in either 2000 or 2008?

This has quickly become a waste of my time. You guys are like fish in a small bowl, swimming in your own toilet.

yes, but it is our g'damn toilet.

look, if the market wants to crash it will. I have no idea what you are trying to say by pointing out that conditions have changed. Are they better? worse? I dunno because you are not much of a writer. But yes, they have changed.

but I knew you wouldn't answer yes or no. because you have an untenable position and need to deflect. Of course markets can crash and you know it. You just want to beleive that there is someone in charge. But guess what, motor mouth yapper - NO ONE IS IN CHARGE. Things are not dictated. Gov't can influence, but that's limited.

Ok I gots to work. I will try not to return.

agip I usually enjoy your posts, but I think this guy got you by the short and curlies. It's clear to me that he or she (imagine?!) answered your question.

"Our toilet"? I don't think I would have capitulated so quickly.

I disagree. Orkney is following the troll rule book by spewing nonsense and offering nothing concrete to back it up. Agip called him on it and he slunk back into his hole.

don't want to get really involved in this pissing match, but the down quarter rattles me a bit. Somebody is now advocating forgetting about DOW and SP500 indexes, and concentrating instead on the NASDAQ100.

The grass is always greener. WHat r u guys always saying about chasing returns?

plus, are the regular contributors here buying right now? flagpole? coach d?

Peripheral Thread Follower wrote:

don't want to get really involved in this pissing match, but the down quarter rattles me a bit. Somebody is now advocating forgetting about DOW and SP500 indexes, and concentrating instead on the NASDAQ100.

The grass is always greener. WHat r u guys always saying about chasing returns?

plus, are the regular contributors here buying right now? flagpole? coach d?

big cap earnings are going to be bad this quarter due to weather and the dollar and unexciting economic activity...I have been selling some stocks. Not a lot, but material amounts.

I've been buying europe and emerging markets etfs that hedge out the currency effect. Moving US positions more into small caps that are less affected by a strong dollar -and might even benefit from it.

And building up some cash.

The beginning of earnings season is often very rough, and this one could be particularly rough, I think.

For the record, roughly what percent of your portfolio were these stocks you recently sold?

I am not selling any stocks, I am looking to buy, and it would surprise me if brother flagpole had a different view. If you take a longer term view, there have been no large corrections since 2011, but there have been a number of small ones. The 40 week exponential moving average has contained all corrections going back to the start of 2012. The market bottomed there last October and January, but it hasn't gotten there yet. I want to buy at this point and likely in April. I am a retired enginee so my stocks are mostly mirroring the Nasdaq 100, and technology has been the place to be, so I don't need to think about changing anything.

I have done absolutely NOTHING since early 2014 when Czar Vladimir III (Putin) gave those of us long gold a gift by invading Ukraine.

Something I'll point out that I haven't seen anyone else mention is that the Treasury Bond Futures (continuation) chart is raising the possibility of a large degree double top. This would make me nervous if it gets activated.

Now, I'll go back to watching paint dry for the extra excitement over the stock market......

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

oyvay wrote:

agip wrote:

big cap earnings are going to be bad this quarter due to weather and the dollar and unexciting economic activity...I have been selling some stocks. Not a lot, but material amounts.

I've been buying europe and emerging markets etfs that hedge out the currency effect. Moving US positions more into small caps that are less affected by a strong dollar -and might even benefit from it.

And building up some cash.

The beginning of earnings season is often very rough, and this one could be particularly rough, I think.

For the record, roughly what percent of your portfolio were these stocks you recently sold?

I went from around 75% stocks to around 70%

But to be fair, I put some of the proceeds of sold stocks into high yield bonds, which are almost stocks, so I didn't take too much risk off the table in the end.