Down goes the Dow

Face the fax wrote:

Hso why are you wrong so often?

Not often, ALWAYS.

Ghost of Igloi wrote:when I first posted here 3/2/2015.

Igy

Here we go again. The magic of changing your handle.

A couple comments from dopes....

Ghost of Igloi wrote:

A couple comments from dopes....

Uh, you were one of the last two posters. Just saying.

Ghost of Igloi wrote:

Being wrong is relative. Most who post here have little investment experience, and are victims of myths and convenient narratives.

This is why people don't like you. You have this pompous, know-it-all attitude. You make assumptions about others that have no basis in fact.

Try a little humility for a change. Like it or not, you can learn something from others.

Ghost of Igloi wrote:

Being wrong is relative. Most who post here have little investment experience, and are victims of myths and convenient narratives.

On 11/4/2016 the Dow closed at 17,888 and the S&P 500 closed at 2085. That level was below the levels when I first posted here 3/2/2015.

Not ancient history.

From an economic and market stand point nothing has changed other than a new round of speculation driven by large institutional investors.

One can view higher PEs and extended valuations and extrapolate that data as a "good thing." Or you can temper you enthusiasm and realize serious economic challenges remain, at a time of high government debt, obligations and slow economic growth.

Igy

Sounds like the musings of one who missed the bus and got left behind.

personality flaw wrote:

Ghost of Igloi wrote:

Being wrong is relative. Most who post here have little investment experience, and are victims of myths and convenient narratives.

This is why people don't like you. You have this pompous, know-it-all attitude. You make assumptions about others that have no basis in fact.

Try a little humility for a change. Like it or not, you can learn something from others.

pf,

I post comments about the markets based on my over twenty years in the financial services budiness. I don't post comments to curry favor or win a popularity contest. Many comments here are factually incorrect and one reason I began posting.

Sorry if my views don't match your Bullish narrative or that of most posters here.

Igy

Ghost of Igloi wrote:

personality flaw wrote:

This is why people don't like you. You have this pompous, know-it-all attitude. You make assumptions about others that have no basis in fact.

Try a little humility for a change. Like it or not, you can learn something from others.

pf,

I post comments about the markets based on my over twenty years in the financial services budiness. I don't post comments to curry favor or win a popularity contest. Many comments here are factually incorrect and one reason I began posting.

Sorry if my views don't match your Bullish narrative or that of most posters here.

Igy

See what I mean? I said nothing remotely bullish. For some reason you feel the need make up stuff about other posters. Most likely you do this because you have a poor self-image.

pf,

OK, thanks Dr. Freud.

I wonder why you seem compelled to follow me around this site with this and similar comments. Perhaps you should spend some time peering into the soul of your own psychosis.

Igy

Ghost of Igloi wrote:

pf,

OK, thanks Dr. Freud.

I wonder why you seem compelled to follow me around this site with this and similar comments. Perhaps you should spend some time peering into the soul of your own psychosis.

Igy

I'm not the one with the poor self-image.

Meanwhile....

Another record close for the Dow!

On 11/4/2016 the Dow closed at 17,888 and the S&P 500 closed at 2085. That level was below the levels when I first posted here 3/2/2015.

Not ancient history.

From an economic and market stand point nothing has changed other than a new round of speculation driven by large institutional investors.

One can view higher PEs and extended valuations and extrapolate that data as a "good thing." Or you can temper you enthusiasm and realize serious economic challenges remain, at a time of high government debt, obligations and slow economic growth.

Igy

🍒

CP detector wrote:

🍒

Funny. Actually you are the consistent cherry picker. The movement of the market becomes your high or low. If is the high you pile on, confirming your non-fact based emotionl decisions. If low, you disappear, cower in the corner munching your crasins.

Igy

11/4/2016 🍒

11/23/16 🍒

Using the current date is never an example of cherry picking. Are you really that stupid?

🍒 it is nice to have CP as the arbiter of cherry picking.

Store some crasins or the next dump.

Dark corners are best.

Igy

Happy to help. BTW craisins are cranberries, not cherries. They are quite good for you.