The ride down is going to be breathtaking!
The ride down is going to be breathtaking!
I doubt it will slip under 13,000--------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Ghost of 29 wrote:
The ride down is going to be breathtaking!
Ghost of Igloi wrote:
The important facts to consider:
https://mobile.twitter.com/hussmanjp/status/844183382028402689/photo/1
The most telling part of this Twitter exchange is how Hussman suddenly disappeared when followers started asking tough questions about his methods and actions.
Similar to all the Bullish comments disappearing on DGTD when the Dow is down 237.
Well, it looks like the big predicted doomsday happened yesterday.
It's a shame the real Igy is still not posting. I'm sure he would be gloating.
Not likely.
Maserati wrote:
I will bite my tongue on the concept of a "noisy GDP".
As a former engineer and filter network designer, I just hurl when I hear Yellen say something like that.
Let's talk distortion, or signal processing.
The published GDP number is a political tool, and a political tool only. It doesn't reflect any particular or consistent economic condition or activity, it represents a statement of policy direction, and that is ALL it represents.
It burns me that everything has shifted from investment to speculation. I'm right at the point in life where I want precisely the opposite. I will play along, for a bit, because there have been some gains to be made, but I am already looking to take the recent gains out of the country and ultimately beyond US jurisdiction.
I will be honest, the whole market situation scares the crap out of me. I have seen what is going on, and I have articulated some of my speculative reasons for the recent activity--but my reasons may not be correct at all, and activity can change rather quickly.
I'm nearly at the point where I would just dump the majority into conservative holdings--one of those "wealth preservers" I have been talking about. Nearly, but not quite, which pisses me off.
This will be a year where I will "sell in May and go away". While I'm confident that many others are confident, I will admit that I personally am scared.
I am happy to report that I massively reduced my equity holdings before yesterday's drawdown. While it may very well recover and set new highs, I'm out for probably the rest of the year. On this round, I did what I feel is "only OK", having gotten in around DJIA 20k and exited at around 21k. I actually did a bit better than that, but not much.
And I will be happy with those gains this year. I'm still smarting from having missed the post-election run-up to 20k, but I don't regret what I was doing at the time. My currencies are serving me well, but my oil bet isn't going that well. Also I missed a RE opportunity, which may turn out to be a good thing.
Because I'm conservative and both enter too late and exit too early, I fully expect the DJIA to break 21k this year--but it won't bother me. In the short term I will be funding individuals and small businesses in secured short-term loans instead of being in the markets.
Anyway the upshot is that because I'm out, one probably shouldn't worry about the recent small drops, because I have always gotten out a little bit too early and left some gains on the table.
Trew wrote:
Similar to all the Bullish comments disappearing on DGTD when the Dow is down 237.
It's hard to get in a word edgewise with all of your trolling. But I'll say that puny drop will be recovered within days, if not hours.
Like I said, BTFD.
Be a man, you spineless worms.
Maserati wrote:
Maserati wrote:I will bite my tongue on the concept of a "noisy GDP".
As a former engineer and filter network designer, I just hurl when I hear Yellen say something like that.
Let's talk distortion, or signal processing.
The published GDP number is a political tool, and a political tool only. It doesn't reflect any particular or consistent economic condition or activity, it represents a statement of policy direction, and that is ALL it represents.
It burns me that everything has shifted from investment to speculation. I'm right at the point in life where I want precisely the opposite. I will play along, for a bit, because there have been some gains to be made, but I am already looking to take the recent gains out of the country and ultimately beyond US jurisdiction.
I will be honest, the whole market situation scares the crap out of me. I have seen what is going on, and I have articulated some of my speculative reasons for the recent activity--but my reasons may not be correct at all, and activity can change rather quickly.
I'm nearly at the point where I would just dump the majority into conservative holdings--one of those "wealth preservers" I have been talking about. Nearly, but not quite, which pisses me off.
This will be a year where I will "sell in May and go away". While I'm confident that many others are confident, I will admit that I personally am scared.
I am happy to report that I massively reduced my equity holdings before yesterday's drawdown. While it may very well recover and set new highs, I'm out for probably the rest of the year. .
out for the rest of the year, unless the market rises, at which time you will inform us that you had bought back in at the lows.
Igy wrote:
Maserati wrote:I am happy to report that I massively reduced my equity holdings before yesterday's drawdown. While it may very well recover and set new highs, I'm out for probably the rest of the year. .
out for the rest of the year, unless the market rises, at which time you will inform us that you had bought back in at the lows.
You conveniently left out the part where he admits to missing the post election bump. At least he can admit when he got something wrong, unlike you, Igy.
Exactly how would that happen. wrote:
Pleazse wrote:or is the market just upset that the lies about Russia getting Trump elected are being exposed?
Did the Russians force you to vote for him?
Anyone who believes such nonsense is quite stupid.
Read what I said one more time.
Pleazse wrote:
Exactly how would that happen. wrote:Did the Russians force you to vote for him?
Anyone who believes such nonsense is quite stupid.
Read what I said one more time.
+1. Also, why did this thread get so popular? Why did about half of it come from 2016? What is the point of these long, unending arguments on some random forum?
Simple answer: the insane Detector Dude.
1600/800 guy wrote:
Pleazse wrote:Read what I said one more time.
+1. Also, why did this thread get so popular? Why did about half of it come from 2016? What is the point of these long, unending arguments on some random forum?
Are you going to deny that you have used stolen names to dominate the trolling recently?
Are you going to deny that you have created multiple handles to dominate the trolling recently?
Are you going to deny that you are mentally touched, and for some reason compelled to harass me?
So you steal my handle, but I'm the bad guy? I rest my case. You are one sick individual.
Trews wrote:
So you steal my handle, but I'm the bad guy? I rest my case. You are one sick individual.
Psychologists call that "projection." You might look that up.
And you are the poster child.
I think I will let this thread settle down again, and bid all regulars a fond farewell for a while. There's too much noise. I will only reappear if something significant happens in the markets.