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 wrote:
When the market was going down you were silent. Head between your legs kissing your rear goodbye.
Oh so original.
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.
Ghost of Igloi wrote:
[... Your justification for your belief is only the day to day direction of the market.
Sure. Now that the price has moved you can go back into cruptocurrencies.
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.
Amazing that you haven’t transferred the magic of stock patterns to cryptos.
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.
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.
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.
Ivy, I am an idiot, but one thing I know is:
chaotic phenomena have no real patterns, only self similarities that our brains treat as patterns.
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?
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?
Ghost of Igloi wrote:
Making money in stocks is easy
Ghost of Igloi wrote:
When the market was going down you were silent. Head between your legs kissing your rear goodbye.
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.
Time matters Bud wrote:
The past 3 years are meaningless at this point. What matters now is the next few months.
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.
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.
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.
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.