Klondike5 wrote:
...
By the way, are you also refuting my assertion that refutating is not a word? I point out an actual and somewhat grotesque example of improper knowledge/use of the English language and you, who will defend his assertions to his dying breath despite the fact they have been proved -- and I do not use that word lightly -- to be wrong is oddly silent on this...
agip wrote:
fair warning - I just put on what I call the agip hedge.
the SP 500 dropped below a certain technical mark, so by my rules I pulled a risk control rip cord and sold some. I also bought the vix and long term zero coupon bonds.
It is all a bit silly, b/c it adds up to only 3% of my portfolio (this is my fun money account), but I bring it up because...
Every time I do this, it works for 1-3 days, I make a few percent on my hedge and I am happy...and then give it all back in the big rally that inevitably follows.
So feel free to use me as a contrarian indicator here.
hedger wrote:
Hey agip - have you now removed the "agip hedge", since the S&P 500 is probably above that "certain technical mark"?
What is the "certain technical mark?" Surely you aren't hedging every time the S&P drops below the 50-day MA?
Did you lose money?
agip wrote:
of bloody course I lost money - the agip hedge never works.
I closed out the hedge with a $151 loss. Which is immaterial in relation to the size of my portfolio, but that would have been a very nice pair of running pants that I need. And a new pair of racing flats.
I use the 5-10-20 momentum strategy as a first line of risk control and a 200 day moving average strategy as a second line of risk control. THey are supposed to improve returns if you stick at it every time...but I started 2 years ago and they have probably cost me a couple of plane tickets to Europe.
http://marketsci.wordpress.com/2008/12/02/5-10-20-trend-following-strategy/
http://www.scottsinvestments.com/2009/09/15/backtesting-the-200-day-moving-average-on-spy/
agip wrote:
"
Isn't it true that you are in fact a just about average high school or junior high student?"
no, I am actually a professional investor in my mid 40s with a perfect teenage son and a wonderful marriage of 18 years.
and I can still run mid 17 for 5k
and I went to an Ivy
and I have an MBA
and I waste way, way too much time on this website. I'm checking out for a while - this is ridiculous.
Klondike5 wrote:
[quote]agip wrote:
refutating is not a word. I made an error.
when I am wrong, I admit it.
Yeah right.
Pretty hard to deny that one.
Quite an error it was too. Might make one think that you are semi-illiterate.
Engrishman wrote:
Klondike5 wrote:
...
By the way, are you also refuting my assertion that refutating is not a word? I point out an actual and somewhat grotesque example of improper knowledge/use of the English language and you, who will defend his assertions to his dying breath despite the fact they have been proved -- and I do not use that word lightly -- to be wrong is oddly silent on this...
Perhaps not lightly, but certainly incorrectly. The correct usage is 'have been proven'.
K5 wrote:
Where are all my illiterate detractors?
Got to go.
Give it your "best" shot and I will check back in the morning to see what inanities you come up with this time.
K5 wrote:
The facts don't support your assertions.
K5 wrote:
@ 25% of undergrads at Harvard are Jewish.
agip wrote:
I sort wish I hadn't written that last post - probably too personal. And to head off klan man, his 50% number was of the non white population, not the entire student body.
He's not all wrong on the Harvard data- be careful debating him on that.
Klondike5 wrote:
Refutating? I mean that is really something.
Isn't it true that you are in fact a just about average high school or junior high student?
Anti-Semite detector wrote:
So he is saying that only half of Harvard students are white? Interesting.
Anti-Semite detector wrote:
So he is saying that only half of Harvard students are white? Interesting.
