coach d, thanks for the advice. I typically place trailing stops on my winners. But based on reports I read yesterday, I think this dog is gonna run. Time will tell.
coach d, thanks for the advice. I typically place trailing stops on my winners. But based on reports I read yesterday, I think this dog is gonna run. Time will tell.
auntie,
I'm sorry for my Caitlyn Jenner comment.
Igy
Sally V wrote:
#ignoreigy
#downwithnarcissists
#growapair
Hi.
I am really Sally V.
I am an ahole.
#anotherfakenameforigy
#youdontfoolus
#growapair
DJIA just shy of 17.4k, up 45 on the morning.
Liftoff?
Upper bound of the sucker range. Muppets "don't want to be left behind."
So you're still sitting on cash?
No. But I am shorting here. Are you buying today?
Igy
Remember, they get their data from only gigantic payroll service firms.
Ghost of Igloi wrote:
Upper bound of the sucker range. Muppets "don't want to be left behind."
"Upper bound", lol Igy. The Dow has gone up 100 more points since that post.
It's now above 17.5k
I am about ready to put the 401k back in, but not quite.
Maserati,
Many don't believe valuation matters now, but they will when it's too late.
It has worked that way for over a hundred years. Of course one can believe the regime has changed. It truly is different this time.
"Don't be left behind."
Igy
Maserati,
First quarter 2016 earnings season starts April 11th with Alcoa. We'll see how that works for the market and if Janet, Mario and Kuroda can do a save with the shot clock running out.
Igy
well boys, happy St Patrick's Day
I hope you are having as good a day as I am.
Great run in the morning, met with some good clients, wandered through drunk lightly clothed women in green, and going to head home early.
but lord that donald trump.
agip,
Watch out for those lighty clothed women in green.
You may be having green eggs and ham.
Said Sam I am.
Igy
this one's for the women in green and Maserati. Vroom Vroom.
Today's econ numbers:
Jobless claims 4 wk average at lowest levels in a long time, stable
Phily Fed shows strong uptick
Bberg consumer confidence shows solid growth
Leading indicators - up a smidge but still lowish
Ghost of Igloi wrote:
No. But I am shorting here. Are you buying today?
Igy
No, I bought weeks ago on the dips.
You ought to catch "The Big Short".
Wall Street is a completely fraudulent and criminal enterprise aided and abetted by the ratings agencies, the media, and the Fed (and the federal government, of course).
Nothing has changed since 2008. Nothing at all.
A big crash -- a really big crash -- is inevitable in the not too distant future.
I am capping my exposure to equities at 5% of my liquid assets -- just for entertainment purposes.
Keeping lots of money in the market right now is akin to playing Russian roulette.
Just sell before the crash. Why miss out on free money. It's not rocket science.