Great. Maybe the mods will ban you again, for whatever that's worth.
Great. Maybe the mods will ban you again, for whatever that's worth.
If this IS the real Igy, I'm talking to, I'd suggest you consider changing your password. If there is a real Igy and an imposter, and if the admin is doing his job right, there should be an IP address logged at the time the account was registered. On on properly designed site (obviously not letsrun) there would be a method to authenticate by email to the original creator, but they do not seem to have this, so you have to contact them, and hopefully they can authenticate by IP. Personally, I've been mostly boycotting this thread because of all the trolling.
I predicted a short term correction in my one post last weekend, and with a bunch of commodities advancing into resistance (September low), it shouldn't surprise you that I took profits in palladium, platinum, copper, and oil in the Globex session Monday night. Next expectation would be to retest the breakout point, so we could have a bumpy ride for a while.
But I think the action in the stock market should be a wakeup call to anyone trying to claim that stock valuation has any impact on the market at present. Yeah, there are certain stocks like Amazon that I might want to buy, but it is oil, all oil, nothing but oil (and Capex), with a supporting role by China.
That is, there are certain stocks like Amazon that I might NOT want to buy.
I agree with coach d. Right now it's (almost) all about oil.
coach d,
I won't change my handle as a matter of principle. I would rather not post.
Back to the markets, I think I am in agreement except in form and timing. There is a chain of events that led to a glut in energy and commodities. There is a lack of demand driving the collapse. Investor sentiment determines the short term direction of the market. Stock valuations and corporate earnings determine the long term direction of the market.
Igy
Got it, as a math problem =Jerk.
Igy
I won't change my handle as a matter of principle. I would rather not post.
You said that before, but then you continued to post alongside the imposter. You even bragged about it. You seem to have a la k of convictions regarding this and investment strategy.
Is that your standard response whenever someone reveals you to be less than honest? You seem to use it a lot. Just saying.
So saying your not going to post, then posting under false names and bragging about it, is not being dishonest?
And what did I throw at you?
Your obviously conversing with fake Igy.
Yup, definitely fake Igy. Reported.
I thought so.
That Igy is a jerk and dishonest.
gents! out of the gutter. Now!
Econ news: wholesale inventories continue to build in relation to sales. Not good. Unless we are about to get a big boost and the inventories will be needed.
mortgage applications up 30% y/y. Big numbers. But just shuffling paper.
lately it seems the headline jobs number is the only positive econ statistic. Weird stuff.
that small biz confidence is the lowest in 2 years is troubling.
Happy Birthday, bull market. You did good.
March 9, 2009 low 666, the mark of the Beast.....
Ghost of Igloi wrote:
March 9, 2009 low 666, the mark of the Beast.....
False. The S&P low on March 9, 2009 was 672.88.
Fact,
You are quoting the closing price, the inter day low was 666. I remember it well I was in the thick of it that very day seven years ago. Do some more fact checking.
Igy
Fact,
True, see the article below. I did your fact checking for you:
http://www.cbsnews.com/news/sp-500-virtually-doubles-from-its-bear-market-low/
Igy