Face the fax wrote:
Ghost of Igloi wrote:
Oh but your mentor is Jeremy Siegel and your god Bob Pisani.
I’m not familiar with Pisani.
He's the guy who has not predicted, since March of 2015, a major market collapse.
What a loonie!
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He's the guy who has not predicted, since March of 2015, a major market collapse.
What a loonie! -
Irony Mann wrote:
Ghost of Igloi wrote:
From Mr. Loonie Heart from 7th grade social studies class.
Oh, the irony!
I get it. You are "on the spectrum". -
Here's a check-in on a prediction.
In 2012 Grantham said the US GDP would not grow again at 3%.
he's been right so far -
2017: 2.2
2016: 1.5
2015:2.9
2014: 2.6
2013: 1.7
I have deep suspicions that we are undercounting GDP, but by the terms of the prediction, Grantham has been correct. -
I Get It wrote:
Irony Mann wrote:
Ghost of Igloi wrote:
From Mr. Loonie Heart from 7th grade social studies class.
Oh, the irony!
I get it. You are "on the spectrum".
Is that supposed to be some sort of an insult? -
All eight indexes on our world watch list have posted gains for 2017 through December 11.
https://www.advisorperspectives.com/dshort/updates/2017/12/11/world-markets-update? -
....if billions and billions of dollars can make their way to bitcoin practically overnight...can we stop arguing that there is no cash on the sidelines?
That money could just as easily gone to stocks. there is a practically unlimited amount of money out there. -
agip wrote:
....if billions and billions of dollars can make their way to bitcoin practically overnight...can we stop arguing that there is no cash on the sidelines?
That money could just as easily gone to stocks. there is a practically unlimited amount of money out there.
Igy disagrees with you which essentially means you’re right. -
agip wrote:
....if billions and billions of dollars can make their way to bitcoin practically overnight...can we stop arguing that there is no cash on the sidelines?
That money could just as easily gone to stocks. there is a practically unlimited amount of money out there.
agip,
Huh? I suppose it just grows on trees. Oh, I forgot about the stooges taking money out of their home equity line to buy Bitcoin. Is that where your cash on the sidelines is?
Igy -
Contrarian indicator wrote:
agip wrote:
....if billions and billions of dollars can make their way to bitcoin practically overnight...can we stop arguing that there is no cash on the sidelines?
That money could just as easily gone to stocks. there is a practically unlimited amount of money out there.
Igy disagrees with you which essentially means you’re right.
No, it means you are both are buying into a myth. So you are actually the contrarian indicator, it just is taking sometime to bite you in the butt.
https://www.pragcap.com/the-horrid-cash-on-the-sidelines-myth-is-still-haunting-us/ -
Ghost of Igloi wrote:
http://www.multpl.com/shiller-pe/
Meaningless. If not, why is Shiller on record as maintaining his equities position. -
Ghost of Igloi wrote:
agip wrote:
....if billions and billions of dollars can make their way to bitcoin practically overnight...can we stop arguing that there is no cash on the sidelines?
That money could just as easily gone to stocks. there is a practically unlimited amount of money out there.
agip,
Huh? I suppose it just grows on trees. Oh, I forgot about the stooges taking money out of their home equity line to buy Bitcoin. Is that where your cash on the sidelines is?
Igy
Home equity is not sidelined money. -
Steve,
Please define in clear concise sentences what is “sidelined money,” and explain how that is different from “sidelined stocks, bonds, real estate or Bitcoin”?
Igy -
Oh Loonie Heart!
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Ghost of Igloi wrote:
Steve,
Please define in clear concise sentences what is “sidelined money,” and explain how that is different from “sidelined stocks, bonds, real estate or Bitcoin”?
Igy
https://www.investopedia.com/terms/m/money-on-the-sidelines.asp -
So Steve once cash leaves the sidelines to buy stocks, bonds real estate or BitCoin, where do the proceeds, that same cash go?
Have you ever pondered that very question?
Igy -
Ghost of Igloi wrote:
So Steve once cash leaves the sidelines to buy stocks, bonds real estate or BitCoin, where do the proceeds, that same cash go?
Have you ever pondered that very question?
Igy
The simple answer was just too much to handle.
There is no cash on the sidelines. The dollars from the buyer are exchanged for stock, bond, real estate or BitCoin into the hands of the seller, yes in that same form cash.
So, “cash on the sidelines” is one of many myths told as fables by the DGTD posters. -
Ghost of Igloi wrote:
So Steve once cash leaves the sidelines to buy stocks, bonds real estate or BitCoin, where do the proceeds, that same cash go?
Have you ever pondered that very question?
Igy
Once cash leaves the sidelines, it’s no longer on the sidelines. Isn’t that obvious? -
Steve, you should have never left the house, because that very same cash comes back to the sidelines in the hands of the seller.
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Ghost of Igloi wrote:
Steve, you should have never left the house, because that very same cash comes back to the sidelines in the hands of the seller.
I think we all agree that there is money on the sidelines.
