• Kruger
      • RE: Down goes the Dow 2/17/2018 9:44PM - in reply to Ghost of Igloi
      • Kruger
      • Ghost of Igloi wrote:

        When the market was going down you were silent. Head between your legs kissing your rear goodbye.

        Just stop. You’re embarrassing yourself.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 2/17/2018 9:59PM - in reply to Kruger
      • Ghost of Igloi
        registered
      • Oh so original.
    • seattle prattle
      registered
      • RE: Down goes the Dow 2/17/2018 10:33PM - in reply to seattle prattle
      • seattle prattle
        registered
      • seattle prattle wrote:

        Ghost of Igloi wrote:

        seattle prattle wrote:

        so is cash still king? That translates as 'out of the market.'

        “Cash is king when risk returns to the market.” But you don’t get it. Happened to be the best asset class eight days ago when you were sitting on your hands, legs quivering.

        NO, that was not me.
        I will be perfectly honest. I did quite a bit of buying and selling ever since i told you two or three weeks ago that i was selling my entire (sizable) holding of PGX. Since then i have both bought and sold several times in other stocks, taking profits and trying to buy the dip. Most times, these short term trades turned out losers: bought and then sold shortly thereafter when they dropped about 6% or more. I did buy back one-fifth of the PGX . But most importantly, a few percent off the bottom, on the way up, i bought a lot of 3x leveraged ETFs that are now way up. I'll hold them for as long as is sensible. So, the dip worked for me, as it usually does over the long term. Again, i did make some losing trades, but not for the majority.
        HEy, GOI, what part of this don't you understand? Does it sound like someone panicking and with their head in the sand? Do i need to put it into some esoteric chart or graph for you to understand it? ANd who cares if i was posting less then?
        Furthermore, you posted your mix of treasuries or whatever sorry @ss crap you held for the last 3 1/2 years, and it wasn't equities. Flat out, what was your ROI? My guess is it barely beat inflation.
    • seattle prattle
      registered
      • RE: Down goes the Dow 2/17/2018 10:37PM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • Ghost of Igloi wrote:

        [... Your justification for your belief is only the day to day direction of the market.
        No, it is the long term direction of the market. That's the point you seem to miss. There may be dips, there will be corrections, and there even may be major ones. But long term, the market has been a good place to create wealth.
    • seattle prattle
      registered
      • RE: Down goes the Dow 2/17/2018 11:10PM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • i've thought about it. Maybe if it goes back down. Cryptos are in addition to my stock investing, not an either/or.
        I really dislike the cryptos, though. I lost sleep. I lost money. And if there's a pattern, i have yet to figure it out.
    • Ghost of Igloi
      registered
    • seattle prattle
      registered
      • RE: Down goes the Dow 2/17/2018 11:20PM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • No, i'm only good at stock investing and running. But apparently the ability to admit failure these days is not so easy to come by.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 2/17/2018 11:48PM - in reply to seattle prattle
      • Ghost of Igloi
        registered
      • You’ll get the magic of cryptos. Making money in stocks is easy just like JJ Kinahan shows you. Perhaps a ouija board will help. Unfortunately running takes much more work.
    • seattle prattle
      registered
      • RE: Down goes the Dow 2/18/2018 1:03AM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • never heard of him, but his bios emphasizes options trading, and i like to keep it simple, avoiding such things.
        I don't think i will ever get the hang of cryptos because i don't think they follow patterns.
        Running, now that's a different matter. That's a simple matter and that's what i like about it.
        Hey, GOI, I think you let your political bias about govt. intervention in the markets get in the way of investment decisions. That's reality. Accept it and remember that any investment is only as long term as you want to make it.
    • Still an idiot
      • RE: Down goes the Dow 2/18/2018 1:23AM - in reply to Ghost of Igloi
      • Still an idiot
      • Ivy, I am an idiot, but one thing I know is:
        Ghost of Igloi wrote:Ah but 2000-2002 NASDAQ -83%, S&P 500 -54%, 2007-2009 S&P 500 - 59%. Is there a pattern here?
        chaotic phenomena have no real patterns, only self similarities that our brains treat as patterns.

        I’m not arguing against your conclusion that a crash is inevitable, just the facile basis you’ve just claimed.
    • Is this the
      • RE: Down goes the Dow 2/18/2018 7:14AM - in reply to Still an idiot
      • Is this the
      • Is this the week the crash takes place in earnest and we get to read all the posts of people claiming, after the fact, they got out just before the crash?
    • mellon
      • RE: Down goes the Dow 2/18/2018 8:49AM - in reply to Ghost of Igloi
      • mellon
      • Ghost of Igloi wrote:

        When the market was going down you were silent. Head between your legs kissing your rear goodbye.

        Market Going Down?

        You act like these short term (weeks or months) dips or corrections are a big deal. But statements of a major collapse is upon us for 3 years and counting is a reasonable time frame for claiming to be spot on.
    • Time matters Bud
      • RE: Down goes the Dow 2/18/2018 8:55AM - in reply to mellon
      • Time matters Bud
      • mellon wrote:

        Ghost of Igloi wrote:

        When the market was going down you were silent. Head between your legs kissing your rear goodbye.

        Market Going Down?

        You act like these short term (weeks or months) dips or corrections are a big deal. But statements of a major collapse is upon us for 3 years and counting is a reasonable time frame for claiming to be spot on.

        The past 3 years are meaningless at this point. What matters now is the next few months.
    • mellon
      • RE: Down goes the Dow 2/18/2018 10:04AM - in reply to Time matters Bud
      • mellon
      • Time matters Bud wrote:

        The past 3 years are meaningless at this point. What matters now is the next few months.

        I agree. His assessment of what the market is going to do for the past 3 years has proved to be meaningless. So based on his track record, comments about the market over the next few months should be ___. Well, you be the judge!
    • seattle prattle
      registered
      • RE: Down goes the Dow 2/18/2018 10:13AM - in reply to mellon
      • seattle prattle
        registered
      • over the next 3 months, i think, we will re-test the market highs, flatline for a bit, and maybe move a little higher. I really question the long term prudence of corporate tax cuts after years of stimulus, and deeper deficits moving forward. Those can't be positive ultimately, and it would seem that we are going to have to reckon with that eventually.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 2/18/2018 10:37AM - in reply to seattle prattle
      • Ghost of Igloi
        registered
      • seattle prattle wrote:

        never heard of him, but his bios emphasizes options trading, and i like to keep it simple, avoiding such things.
        I don't think i will ever get the hang of cryptos because i don't think they follow patterns.
        Running, now that's a different matter. That's a simple matter and that's what i like about it.
        Hey, GOI, I think you let your political bias about govt. intervention in the markets get in the way of investment decisions. That's reality. Accept it and remember that any investment is only as long term as you want to make it.

        Seattle,

        The JJ Kinahan reference was a joke on my part. I recall distinctly the humorous trading commercials of the late 90s and early 2000s. If you watch any of the financial channels today you hear the mantra “don’t get mad, get even.” Or the janitor learning the latest technology to trade. Similar ring to that earlier era. The interesting thing in my view is it is marketed as investing. I’ll leave it to history to determine if that was what was going on.

        Since Fed policy is apolitical on the surface that would be an unfair judgment. That said, the larger question is whether radical monetary experiments will be to the long term benefit of markets, or has the lack of price discovery encouraged a certain speculation that must be squared down the road. I simply lean to the later view.

        Igy
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 2/18/2018 10:47AM - in reply to Time matters Bud
      • Ghost of Igloi
        registered
      • Time matters Bud wrote:

        mellon wrote:

        Ghost of Igloi wrote:

        When the market was going down you were silent. Head between your legs kissing your rear goodbye.

        Market Going Down?

        You act like these short term (weeks or months) dips or corrections are a big deal. But statements of a major collapse is upon us for 3 years and counting is a reasonable time frame for claiming to be spot on.

        The past 3 years are meaningless at this point. What matters now is the next few months.

        And of course the next few months did not matter on 11/4/2016.
    • Bertrand
      • RE: Down goes the Dow 2/18/2018 11:14AM - in reply to Ghost of Igloi
      • Bertrand
      • Ghost of Igloi wrote:

        Time matters Bud wrote:

        mellon wrote:

        Ghost of Igloi wrote:

        When the market was going down you were silent. Head between your legs kissing your rear goodbye.

        Market Going Down?

        You act like these short term (weeks or months) dips or corrections are a big deal. But statements of a major collapse is upon us for 3 years and counting is a reasonable time frame for claiming to be spot on.

        The past 3 years are meaningless at this point. What matters now is the next few months.

        And of course the next few months did not matter on 11/4/2016.

        They sure did. At least for those of us in the markets. I made a killing!