• K5
      • RE: Down goes the Dow 11/15/2013 11:28AM - in reply to Pointing Out the Obvious
      • K5
      • Pointing Out the Obvious wrote:
        Pay attention wrote:
        Pointing Out the Obvious wrote:
        Once in the market one cannot separate managing potential losses from managing potential rewards.

        That is exactly what I'm talking about. Stops are a key tool in managing both.
        Stops are an emotional crutch that come with an opportunity cost firmly attached.
        I have this amazingly simple way to employ stops.

        I sell the investment.
    • Pointing Out the Obvious
      • RE: Down goes the Dow 11/15/2013 11:33AM - in reply to K5
      • Pointing Out the Obvious
      • K5 wrote:
        Pointing Out the Obvious wrote:
        Pay attention wrote:
        Pointing Out the Obvious wrote:
        Once in the market one cannot separate managing potential losses from managing potential rewards.

        That is exactly what I'm talking about. Stops are a key tool in managing both.
        Stops are an emotional crutch that come with an opportunity cost firmly attached.
        I have this amazingly simple way to employ stops.

        I sell the investment.
        Thereby identifying yourself as an intelligent individual.
    • Flagpole
      • RE: Down goes the Dow 11/15/2013 12:12PM - in reply to i have a cold
      • Flagpole
      • i have a cold wrote:
        Flagpole wrote:I'm an EXPERT investor and know how the markets work.


        Cough...cough...b.s...cough...cough.
        INCORRECT!
    • Flagpole
      • RE: Down goes the Dow 11/15/2013 12:19PM - in reply to lagpole's rother
      • Flagpole
      • lagpole's rother wrote:
        It's quite scientific. What Flagpole does is use his couple of friends as a barometer. Like he does about the non-issue of unemployment. He doesn't know ANYONE who is unemployed who doesn't want to be. Therefore, the unemployment numbers are not a true indication of the job market.

        When all his friends are in the market (and their brothers) then he KNOWS everyone is in the market.
        It is apparent that people who criticize me here do not come even close to reading as much about market trends as I do, because if you did, you would know when it is that "everyone and their brother" is pumping money into stocks. Investor involvement is a HUGE topic pretty much all the time, and when investors flock to stocks, that information is readily available...but, you gotta be reading and listening to know when. The market is a BIG passion of mine, and so it would be VERY difficult for someone who does not have the same passion to know as much as I do about it.
    • Pointer out of the obvious
      • RE: Down goes the Dow 11/15/2013 2:50PM - in reply to K5
      • Pointer out of the obvious
      • K5 wrote:
        I have this amazingly simple way to employ stops.

        I sell the investment.
        Thereby identifying yourself as a simpleton.
    • Yannix
      • RE: Down goes the Dow 11/15/2013 3:08PM - in reply to agip
      • Yannix
      • agip wrote:
        oh yeah, and the Dow set another all time record today
        Also the S&P. And a 52-week high for the NASDAQ. Buy-and-holders are doing quite well.
    • K5
      • RE: Down goes the Dow 11/15/2013 3:29PM - in reply to Pointer out of the obvious
      • K5
      • Pointer out of the obvious wrote:
        K5 wrote:
        I have this amazingly simple way to employ stops.

        I sell the investment.
        Thereby identifying yourself as a simpleton.
        Maybe it is time you actually tried to give an explanation of your ad hominems? I know you won't because you just don't know how. Prove me wrong.
    • K5
      • RE: Down goes the Dow 11/15/2013 3:35PM - in reply to Yannix
      • K5
      • Yannix wrote:
        agip wrote:
        oh yeah, and the Dow set another all time record today
        Also the S&P. And a 52-week high for the NASDAQ. Buy-and-holders are doing quite well.
        Depends when you bought and how long you have held.

        If you bought in early 2000 and have held since then you haven't kept up with inflation.

        Ditto for mid 2008.
    • K5
      • RE: Down goes the Dow 11/15/2013 3:48PM - in reply to Pointing Out the Obvious
      • K5
      • Pointing Out the Obvious wrote:
        K5 wrote:
        I have this amazingly simple way to employ stops.

        I sell the investment.
        Thereby identifying yourself as an intelligent individual.
        Maybe it is time you actually tried to give an explanation of your ad hominems? I know you won't because you just don't know how. Prove me wrong.
    • agip
      • RE: Down goes the Dow 11/15/2013 3:57PM - in reply to K5
      • agip
      • K5 wrote:
        Yannix wrote:
        agip wrote:
        oh yeah, and the Dow set another all time record today
        Also the S&P. And a 52-week high for the NASDAQ. Buy-and-holders are doing quite well.
        Depends when you bought and how long you have held.

        If you bought in early 2000 and have held since then you haven't kept up with inflation.

        Ditto for mid 2008.
        __

        yes, if you are a bad investor and bought only large cap US stocks and not small cap, mid cap, real estate, emerging markets, europe, frontier markets, short term bonds, intermediate term bonds, long term bonds, high yield bonds, high quality bonds, senior loans, muni bonds, EM bonds, TIPS, mortgage bonds, convertibles, preferreds...
    • Pointer out of the obvious
      • RE: Down goes the Dow 11/15/2013 4:02PM - in reply to K5
      • Pointer out of the obvious
      • K5 wrote:
        Maybe it is time you actually tried to give an explanation of your ad hominems? I know you won't because you just don't know how. Prove me wrong.
        I know you won't understand this, but you just proved my point.
    • biom
      • RE: Down goes the Dow 11/15/2013 5:23PM - in reply to Flagpole
      • biom
      • Flagpole wrote:
        lagpole's rother wrote:
        It's quite scientific. What Flagpole does is use his couple of friends as a barometer. Like he does about the non-issue of unemployment. He doesn't know ANYONE who is unemployed who doesn't want to be. Therefore, the unemployment numbers are not a true indication of the job market.

        When all his friends are in the market (and their brothers) then he KNOWS everyone is in the market.
        It is apparent that people who criticize me here do not come even close to reading as much about market trends as I do, because if you did, you would know when it is that "everyone and their brother" is pumping money into stocks. Investor involvement is a HUGE topic pretty much all the time, and when investors flock to stocks, that information is readily available...but, you gotta be reading and listening to know when. The market is a BIG passion of mine, and so it would be VERY difficult for someone who does not have the same passion to know as much as I do about it.
        babble. No specifics. Surely it's not by feel.

        What are margin levels nowadays? Must be pretty depressed since everyone is still so negative on stocks. lol.
    • agip
      • RE: Down goes the Dow 11/15/2013 5:59PM - in reply to K5
      • agip
      • klondike5: here is a fault in your reasoning:

        You claim that investment advisors add no value.

        And you claim that large cap US stocks haven't much after tax return since 2000.

        Here's the problem:

        A good advisor will make sure that a portfolio is truly diversified, so you get those 15% per year returns from emerging markets, and 10% per year returns from mid cap, and the massive return from gold during the 2000-2013 period.

        your dour description of the 'market' is proof of the value of a good advisor.
    • Pointing Out the Obvious
      • RE: Down goes the Dow 11/15/2013 6:16PM - in reply to K5
      • Pointing Out the Obvious
      • K5 wrote:
        Pointing Out the Obvious wrote:
        K5 wrote:
        I have this amazingly simple way to employ stops.

        I sell the investment.
        Thereby identifying yourself as an intelligent individual.
        Maybe it is time you actually tried to give an explanation of your ad hominems? I know you won't because you just don't know how. Prove me wrong.
        I thought that ad hominems had something to do with rejecting the claim of the author on the basis of some irrelevant fact about the author himself. Further, I thought that this term is nearly always (though not necessarily) referring to some negative comment regarding the author.


        1) I was agreeing with you, or at least suggesting that your method of "employ(ing) stops" makes good sense. As such I certainly was not rejecting your claim or trying to disrespect your methods.

        and

        2) I believe that stating that someone is "an intelligent individual" would usually be described as a positive statement about said individual. As such, it is difficult to understand how you might interpret this as a negative statement about yourself.


        Perhaps you would care to clarify.
    • K5
      • RE: Down goes the Dow 11/15/2013 7:01PM - in reply to Pointing Out the Obvious
      • K5
      • Ad hominems are illogical, not necessarily negative. Your assertion was illogical given my stated jgnorance of stops and buy-and-hold, not to mention my June sell off
    • Pointing Out the Obvious
      • RE: Down goes the Dow 11/15/2013 7:36PM - in reply to K5
      • Pointing Out the Obvious
      • K5 wrote:
        Ad hominems are illogical, not necessarily negative. Your assertion was illogical given my stated jgnorance of stops and buy-and-hold, not to mention my June sell off
        Ok, you're officially an idiot. Happy now?
    • biom
      • RE: Down goes the Dow 11/15/2013 7:48PM - in reply to agip
      • biom
      • agip wrote:
        A good advisor will make sure that a portfolio is truly diversified, so you get those 15% per year returns from emerging markets, and 10% per year returns from mid cap, and the massive return from gold during the 2000-2013 period.

        your dour description of the 'market' is proof of the value of a good advisor.
        You are claiming that you had your clients in gold in the early 2000s? Or that the "good" advisors did? Puleeze. I bet you know very few if any advisors that did.
    • K5
      • RE: Down goes the Dow 11/15/2013 8:13PM - in reply to Pointing Out the Obvious
      • K5
      • Pointing Out the Obvious wrote:
        K5 wrote:
        Ad hominems are illogical, not necessarily negative. Your assertion was illogical given my stated jgnorance of stops and buy-and-hold, not to mention my June sell off
        Ok, you're officially an idiot. Happy now?
        Bite me.
    • K5
      • RE: Down goes the Dow 11/15/2013 8:21PM - in reply to *
      • K5
      • * wrote:
        So close to 16,000
        Did you even read the first post in this thread? The Dow is heading for 13,000, not 16,000. Try to keep up, moran.