36 replies to this topic

[arbman]

http://www.telegraph...rolls-over.html

[SemiBizz]

Planet is on a sugar high and doesn't know it... We can't print our way to prosperity.

[PrintFaster]

We have already printed our way to prosperity. We have just witnessed one of the greatest stock market rallies ever recorded. This has been a once in a lifetime opportunity to get rich and only the Fed Worshippers who stayed the course reaped the benefits. And not only that, we have been able to do it with massive stimulus and zero inflation. Bernanke will surely end up being awarded the Nobel Prize in Economics and will go down as the greatest central banker in history. Most of the gloom and doomer, gold and ammo clutching Zero Hedgers missed out on a great opportunity and they are all kicking themselves.

[PrintFaster]

Just think of it, SemiBizz. If you had loaded huge at the 2009 lows, held everything and bought on margin on the big washout selloffs, by now you would be: - Done - Finished - Retired You wouldn't be sitting bug-eyed at the terminal every day, you would be out on your boat fishing most of the time by now.

[SemiBizz]

I will never retire, that's the quickest way to die I can think of... This is easy work day trading. Profitable and fun. It also is portable, I travel all over the planet and my notebook is my office. So, if it's so good and you were invested and still invested since 2009 and you are holding stocks, exactly what is it that you are doing here on the board? This is a trader's board, all your evangelism falls on deaf ears. Traders know how to take a profit and move on to the next trade. It's called farming cash. Your crops are still in the ground. Hopefully you don't experience a flood, hurricane, or an earthquake...

[zoropb]

arbs interesting article tks. I call it the crack high of crack highs, the bubble of all bubbles the terminator Gov. bubble. Last time we saw something even close to this dilution of currency was Rome and this is larger since its most of the world doing it. It took a while to sink in then but we move at light speed now so what was a few centuries then could be a few decades or less now. I would love to know the job solution for what robotics and 3D printing will do world wide to them and what to do with the masses of unemployed. An event horizon, a tipping point in the equation is likely a couple decades away but its coming. If I heard of 1 logical solution to address this issue I would not be so bearish way down the line and please do not say some new industries will pop we all know that but to fill this much unemployment gap plus the ever increasing world population to boot, will take nothing short of a miracle to solve the way I see it. Lets enjoy the high in the meantime. Back to work for me.

[zoropb]

Just think of it, SemiBizz.

If you had loaded huge at the 2009 lows, held everything and bought on margin on the big washout selloffs, by now you would be:

- Done

- Finished

- Retired

You wouldn't be sitting bug-eyed at the terminal every day, you would be out on your boat fishing most of the time by now.

I tried it back in 2003 PM left it and TT for a while and retired, hung out at the beach house and after a few years got board out of my mind so some of us do it because we really like what we do.

[PrintFaster]

95% of daytraders lose money, eaten alive by commissions and whipsaws.

70% of mutual funds and hedge funds cannot even beat the S & P.

This has been a buy and hold market, one that only comes around every 25 years or so.

You could have bought huge at the lows and walked away until the economy is screaming, unemployment is very low and interest rates are surging due to booming demand for credit.

We are nowhere near reaching that point yet.

[NAV]

So, if it's so good and you were invested and still invested since 2009 and you are holding stocks, exactly what is it that you are doing here on the board?

He must have made a bundle and retired now. And he must bored to death, post retirement. So he has taken up cheer leading as a day job.

[NAV]

95% of daytraders lose money, eaten alive by commissions and whipsaws.

I recently read somewhere that it's as high as 99% these days. Only the most gifted survive there.