Nah...look for yourself Bernie and AOC dope....
Nah...look for yourself Bernie and AOC dope....
Yup, you’re a Trumpkin alright.
Yea dope, I work for the Russians and as part of our plan we will move forward with Bernie and AOC to fundamentally change America.
?
https://mobile.twitter.com/hussmanjp/status/1205503680813944832Sally Vix wrote:
agip wrote:
Igy, come on. It's me. Agip. We've been doing this for years now.
You used to use 10 year returns, pegged to 2005/7 because they were bad.
Then when you couldn't use 10 year returns anymore because they were pegged to the 2008 lows and suddenly became good, you switched to 20 year returns, pegged to the top of the tech bubble.
And in 2022, when 20 year returns become good, you'll find something else to make the stock market look bad.
You can't pull the wool over this six-legged dragon. It's been too many posts.
Agip Igy is still touting CDs which have an annual return of 1% over the last 30 years. The Dow has returned 450% over the last 12 years or so. He is not dealing with reality. He is in fantasy land.
Hey, thanks for another shout out. My signature fund remains down 18+% YTD and has lost almost 50% of its value since inception. Despite all that, there are actually people who still read my tweets and listen to my analysis. What was it P. T. Barnum said?
Detector Dude registered handle number 16. Mark of a deluded dude. What type of person would do that?
It was the repo qe that I was feeling.
Like I said, something happened. My guess is that it’s a significant bank having problems. They have already loosened the definition of tier 1 and others, now they are giving liquidity because certain institutions still don’t pass the stress tests.
Pursuant to the first event that nobody bought, likewise nobody bought the recent trade fake news. That makes 2 significant events duds, that used to work. Another dud and I will call it a pattern.
That pattern combined with the unanimity these days would likely cause me to sell the b&h.
Disconnects have appeared. Not good. No beer tonight, I have a formal event. I am a bit on edge, with a sort of nervous energy.
I think you are correct. In a repo operation an institution is borrowing funds from another institution and using a bond as collateral. Since September that interest rate has remained well above normal overnight operations and signaling a lack of trust between counter-parties.
Ghost of Igloi wrote:
Detector Dude registered handle number 16. Mark of a deluded dude. What type of person would do that?
Given the primary subject of this thread, a more pertinent question is what type of person would take investment advice from someone with such a miserable record as a fund manager?
Because it is far more intelligent and fact filled than anything you post.
Ghost of Igloi wrote:
Because it is far more intelligent and fact filled than anything you post.
I don’t claim to be an investment guru. This guy does, but he is an idiot.
Moving money around brokerages, getting ready.
I really need the pulse, but I cannot make the phone call that I want so desperately to make.
It is nuts—so near, yet so far. If I was on the take, I would already have the answer. This is very difficult for me.
I could very well turn around and dump 50% into US equities. The fix has long been in, but only now is it going to get really serious. If people buy it—and they just might—look out above. I don’t even know if inflows vs outflows will matter.
This could be one of the biggest market events, ever. Some days, I long for simpler times, when I didn’t have to worry about these things.
But wow, what a time this is. It almost feels like that scene in The Wolf of Wall Street where the 2 guys OD on expired queeludes.
Off to the tax write-off charity event, a good weekend to all.
This site is nuts. Full-tilt nutso.
ANd I guess my investment style is right at home here, for what that's worth.
(and FWIW, Racket, took my profits on AMD today after the recent run-up, and cut my losses on Boeing, after which it continued to go lower).
Have a great weekend, all.
KeIIy wrote:
Ghost of Igloi wrote:
Because it is far more intelligent and fact filled than anything you post.
I don’t claim to be an investment guru. This guy does, but he is an idiot.
That is because your knowledge base is narrow and Bob Pisani is your God.
seattle prattle wrote:
This site is nuts. Full-tilt nutso.
ANd I guess my investment style is right at home here, for what that's worth.
(and FWIW, Racket, took my profits on AMD today after the recent run-up, and cut my losses on Boeing, after which it continued to go lower).
Have a great weekend, all.
As Bing says in White Christmas “weirdsville.”
“I really need the pulse, but I cannot make the phone call that I want so desperately to make.”
Will Mnuchin take your call?
I took half my money out of an S and P 500 index fund awhile back when the market was at around 3050 thinking there was no way it went higher before year's end, but it just keeps setting record highs... There are a lot of conflicting indicators as to whether the market is overbought or not, but it seems to me that it keeps getting more disconnected from reality, like no real-world happenings are driving it higher; it just keeps going higher on its own. Passive investors? What do I do now? Put my money back in? I regret selling... Don't think I ever will again.
See what comes of Maserati’s call to Mnuchin.
Igy’s drunk again tonight.
What now wrote:
I took half my money out of an S and P 500 index fund awhile back when the market was at around 3050 thinking there was no way it went higher before year's end, but it just keeps setting record highs... There are a lot of conflicting indicators as to whether the market is overbought or not, but it seems to me that it keeps getting more disconnected from reality, like no real-world happenings are driving it higher; it just keeps going higher on its own. Passive investors? What do I do now? Put my money back in? I regret selling... Don't think I ever will again.
Keep good records and file early. Check your math. And don't forget those deadlines for contributing to those IRA's either.