Stocks Are Not Magical Lottery Tickets:
http://www.zerohedge.com/news/2017-01-19/just-3-things-stocks-are-not-magical-lottery-tickets
Stocks Are Not Magical Lottery Tickets:
http://www.zerohedge.com/news/2017-01-19/just-3-things-stocks-are-not-magical-lottery-tickets
Joe,
Make your case to buy NFLX, or is unsupported criticism your only skill.
Igy
I was wrong, I apologize. You are also a skilled troll, master of mirrors, twister of facts, ruthless in the promotion of something I have yet to understand.
Quote of the Day wrote:
"To be sure, valuation measures exert only weak gravitational pull on the markets over the shorter term. So there's nothing guaranteeing that a market drop is imminent because of the market's current overvaluation."
-- Mark Hulbert, MarketWatch
Agreed, but over the completion of a full market cycle valuations drive returns and current levels are at historically high valuations. Investors should be prepared for levels 50-60% below where they are today.
Igy
wondering wrote:
You said the same thing when the market was lower. Why haven't your numbers changed as the market has reached record territory?
wondering,
You are correct, as the market heads higher the downside risk increases. The highest valuation ever was during the Technology Bubble. The NASDAQ index dropped 83% from the high of March 2000. Interestingly that Index did not achieve a new high until last year, over 16 years later.
Igy
Yes Detector Dude.
Yes, and you take your orders from Bob Pisani.
Joe Beets is still channeling his inner Bob Pisani....
http://www.cnbc.com/2016/12/21/heres-the-no-1-reason-the-dow-is-on-the-cusp-of-20000.html
Joe Beets wrote:
They aren't his numbers. Igy just repeats whatever John Hussman and the other permabears say. He can't think for himself.
This from a guy who has not once communicated an original thought or even come up with an original way of phrasing others thoughts. Classic.
And he would rather listen to stock hucksters than someone respected for original thinking and who actually documents his research like Dr. Hussman.
Your lack of knowledge and limited background colored your view of what was clearly presented.
Literally every post on this page that disagreed with Igy has been removed. Even one that simply asked him a question.
So much for any meaningful discussion. Welcome to Trump's world.
Same guy, pushing the same thing, and when I don't respond results to slander.
I read those posts last night. There was no slander. You even deleted the quote of the day!
Interestingly the one post you kept was K5's. Hmmmm.
Detector Dude you know what you did.
My two posts from yesterday are gone. They were both questions and were not at all offensive. What's going on here?
Before my last post last night, someone posted with a name that contained 'racis'. Of course, that's a legitimate name. But given Igy's history on this website, he probably thought it was something else being directed at him. The guy is a huge thin-skinned narcissist.
Didn't this thread hit 17,000 posts recently? What the hell happened?
C'mon, Igy. You're ruining a good thing.
Thinly disguised slander may seem appropriate to some.