Down goes the Dow

here's the source on the Joe K conspiracy theories - he defended the Nazis.

http://en.wikipedia.org/wiki/Joseph_P._Kennedy,_Sr.#Claims_of_Anti-Semitism

So.

In conclusion.

Agip et al strongly believe it is the smart play to always be in the market at all times no matter what is going on.

Oh yeah.

And Joe Kennedy was a Nazi.

And I must be an anti-Semite because I don't agree with Agip and think that it is wise to not always be in the market. Like I was not in the fall of 2008.

Have I got that right?

Klondike5 wrote:

So.

In conclusion.

Agip et al strongly believe it is the smart play to always be in the market at all times no matter what is going on.

Oh yeah.

And Joe Kennedy was a Nazi.

And I must be an anti-Semite because I don't agree with Agip and think that it is wise to not always be in the market. Like I was not in the fall of 2008.

Have I got that right?

No, you do not. The primary error that you made here ^ is in attributing agip's expressed sentiments to others as well.

Try not to do that.

You would do yourself (and everyone else) a favor by sticking to arguments regarding the performance of the market, reasonable expectations for future performance, implications for investment strategies, etc.

no, wait, I'm sure there's something else he got wrong there.

agip wrote:

no, wait, I'm sure there's something else he got wrong there.

Doesn't matter. The primary error is incorrectly attributing thoughts, words and sentiments to others.

No, you do not. The primary error that you made here ^ is in attributing agip's expressed sentiments to others as well.

Since others -- Flagpole is one example but there are others-- have expressed the same "ideas", the use of et al is correct.

Try not to do that.

Why such soft language. Why not tell me not to do something instead of try not to do it? Is that an attempt at sounding reasonable? Or clever? Or do you just have a problem with the written word?

Klondike5,

Why do you EVER enter the stock market? You keep bringing up things like "puppets" and so on...well, if you have that opinion about our system, then when DON'T you feel that way about those in charge? Someone who is as fearful and distrusting as you surely can't EVER find a time when it would be ok to be in the stock market.

Dude, you are spewing stuff to the wrong audience. I've been investing since 1989, and I've seen naysayers pretty much the whole time; think of all the bad things that have happened in the world since 1989. And guess what, the stock market always ends up going up over time ALWAYS. When I retire in less than 13 more years, when I take 4%, I will have about twice in income what I made while working. For this reason, I might not wait 13 more years...just depends on how all things go. The ONLY reason I will have that much is that I have been investing heavily since 1989. I didn't get lucky as my returns are right in line with historical averages. I didn't do it with a huge salary. I did with with regular consistent investing over that time, not bothering to follow the chicken littles that are ALWAYS there.

I have no idea why you EVER put money in the stock market. I guess you're hoping for some big quick score. Those are the ones who lose.

Stick to your SS and your pension.

[quote]Flagpole wrote:

Klondike5,

Why do you EVER enter the stock market? You keep bringing up things like "puppets" and so on...well, if you have that opinion about our system, then when DON'T you feel that way about those in charge? Someone who is as fearful and distrusting as you surely can't EVER find a time when it would be ok to be in the stock market.

Dude, you are spewing stuff to the wrong audience. I've been investing since 1989, and I've seen naysayers pretty much the whole time; think of all the bad things that have happened in the world since 1989. And guess what, the stock market always ends up going up over time ALWAYS. When I retire in less than 13 more years, when I take 4%, I will have about twice in income what I made while working. For this reason, I might not wait 13 more years...just depends on how all things go. The ONLY reason I will have that much is that I have been investing heavily since 1989. I didn't get lucky as my returns are right in line with historical averages. I didn't do it with a huge salary. I did with with regular consistent investing over that time, not bothering to follow the chicken littles that are ALWAYS there.

I have no idea why you EVER put money in the stock market. I guess you're hoping for some big quick score. Those are the ones who lose.

Easy there, nutcase.

Sometimes I am in the market --actually most of the times -- a few times I have reacted to what I guess is a looming problem. This is one of those times

Klondike5 wrote:

No, you do not. The primary error that you made here ^ is in attributing agip's expressed sentiments to others as well.

Since others -- Flagpole is one example but there are others-- have expressed the same "ideas", the use of et al is correct.

Try not to do that.

Why such soft language. Why not tell me not to do something instead of try not to do it? Is that an attempt at sounding reasonable? Or clever? Or do you just have a problem with the written word?

Please feel free to point out where Flagpole expressed the following:

"And Joe Kennedy was a Nazi.

And I must be an anti-Semite because I don't agree with Agip and think that it is wise to not always be in the market. Like I was not in the fall of 2008."

Regarding your "soft language" comment - stupid beyond belief. Nothing more really to say about that.

Klondike can defend himself, but it has to be pointed out that his original statement of "et al" was a single sentence. YOU are applying it to the later two comments, but it is not clear he intended it that way.

His "soft language" comment was actually a good point. Your phrase annoyed me, but I couldn't put my finger on why exactly. He nailed it - you told him what to do, but only to "try" doing it. Your phrasing was odd.

Now, get back to losing the argument!

Whining is not an attractive trait.

Those who can't win an argument resort to name calling...every time and without exception, so thanks for appointing me the winner here. (I don't need your appointment though as I am right and know that I am).

You did not answer my question though...how do you EVER get yourself to invest in the stock market? When is it that the people in charge AREN'T puppets? Since we went off the gold standard, The Fed has manipulated things. If this president is a puppet, then surely others have been too.

I actually don't care that you don't like the stock market, but hopefully you will have learned something from all of this and that is that you don't have the right mindset to be a stock market investor. You're too emotional, and you make purchases and sales based on hunches, going against what study after study says is the best way to invest. You admittedly don't know much about the stock market, so any gain you might have is just flat luck.

If just to humor me, I'd LOVE to know when you think the puppets aren't there...maybe YOU can teach me something! If the stock market drops to 6400 again but all the puppets are still in office, would you buy then?

Hunches and puppets. I have no idea when you think it would be good to buy back in. You shouldn't ever. Really. You should NEVER buy back into the stock market. Your pension and SS should be enough, and if it's not, then work longer or live crazily frugally and save up cash or something. The stock market is not for you.

Flag.

Just because the investment Industry says that the best strategy is to always be in the market -- clearly a self serving statement by an interested party that stands to make more money if you follow this advice -- does not mean that it is. You have taken it to heart and defend this idea at all costs.

I take the approach that if I feel a material downward correction is imminent -- I get the hell out of the market.

This had, to date, served me well.

In October of 1999 I got out on the theory that there was a good chance that y2k panic could result in a big hit to the market. I was wrong in my guess, but by the time I got around to looking to go back in in 2000, the bear market was in full swing and I stayed out. Until 2003. Turned out to be a very good move, lost dividends not withstanding.

In 2008 I watched the market become very volatile -- with big drifts downward countered by less frequent jumps up -- always in response to some words from the Fed. This went on for a few weeks before I had seen enuff and bailed. My only regret was I hesitated to bail earlier as it cost me some real money to sell stocks with the investment people I was with at that time.

Basically play it by ear. You cannot predict what a legit market will do but you can get a feel for what some of the big players who greatly influence the market are up to.

In the end it comes down to a guess. When I factor in the absolute truth that while the market can drop 50% in a month, it sure as hell ain't gonna go up that much in a month, I deem it prudent to follow your own instincts rather then follow the advice of "experts" -- which is in fact self serving sales BS.

I am not sure why you are so angry with my moves and tell me that I should never be in the market.

You need to relax

Klondike5 wrote:

Pointing out the Obvious wrote:

Please feel free to point out where Flagpole expressed the following:

"And Joe Kennedy was a Nazi.

And I must be an anti-Semite because I don't agree with Agip and think that it is wise to not always be in the market. Like I was not in the fall of 2008."

Regarding your "soft language" comment - stupid beyond belief. Nothing more really to say about that.

Whining is not an attractive trait.

Very cute. And utterly vacuous.

So, would it be fair to say that you have nothing, then?

You may want to catch up on his content-free reply before deciding that you stand on the side of zero content.

And now, back to our regularly scheduled programming.

You may want to catch up on his content-free reply before deciding that you stand on the side of zero content.

I am pretty sure that my advice to you regarding your incessant whining qualifies as content. Although I do agree that is was offered for free.

[quote]Pointing out the Obvious wrote:

Let me point out what is really obvious.

You are way in over your head here. Get out while the getting is good

Klondike5 wrote:

[quote]Pointing out the Obvious wrote:

Let me point out what is really obvious.

You are way in over your head here. Get out while the getting is good

Zero content, once again.

Are you sure that zero is the absolute best that you can do?