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if I wudda told u at 7k we would see this at 13 k


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#1 da_cheif

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Posted 08 May 2007 - 05:56 PM

http://articles.mone...sWorldwide.aspx


no wunder he cant afford a haircut.... :P

http://articles.mone...ningStreak.aspx

Edited by da_cheif, 08 May 2007 - 05:58 PM.


#2 JAP

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Posted 08 May 2007 - 06:40 PM

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no wunder he cant afford a haircut.... :P

http://articles.mone...ningStreak.aspx



I frequent a lot of trading forums, and I must say I've never encountered anyone as bullish as you are. It's very amusing.

I'm trying to determine if it's ignorance or arrogance. Probably 50:50.

#3 da_cheif

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Posted 08 May 2007 - 07:01 PM

its skill www.wolanchuk.com

#4 greenie

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Posted 08 May 2007 - 08:47 PM

Between 1982 and now (or 2000 and now), US LT treasury bonds had higher return than Dow. I am curious about what your position has been on that instrument. I heard at least two calls of "bonds are going to crash" from you, and am wondering whether it has changed.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#5 dasein

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Posted 08 May 2007 - 09:06 PM

its skill

www.wolanchuk.com


Hmmm... you had some kinda timer digest award most years from 89-2000, but nothing since. that is certainly admirable, but it does seem to correlate to a bull market. since you have had seven years drought, as it were, as per the timers digest, perhaps it is time for you to shine in the sun again? as long as it is a bull market, it seems possible - so what do you think of corn and the USD?

klh

Edited by dasein, 08 May 2007 - 09:07 PM.

best,
klh

#6 da_cheif

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Posted 08 May 2007 - 09:10 PM

its skill

www.wolanchuk.com


Hmmm... you had some kinda timer digest award most years from 89-2000, but nothing since. that is certainly admirable, but it does seem to correlate to a bull market. since you have had seven years drought, as it were, as per the timers digest, perhaps it is time for you to shine in the sun again? as long as it is a bull market, it seems possible - so what do you think of corn and the USD?

klh



maybe if you were paying attention to the web site....it reveals that timer digest stopped tracking me in oct 2000.....for no explainable reason...........soooo....."It is dangerous to be right in matters on which the established
authorities are wrong". -Voltaire [François Marie Arouet] (1694-1778

#7 Gary Smith

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Posted 08 May 2007 - 10:26 PM

http://articles.mone...sWorldwide.aspx


no wunder he cant afford a haircut.... :P

http://articles.mone...ningStreak.aspx



I frequent a lot of trading forums, and I must say I've never encountered anyone as bullish as you are. It's very amusing.

I'm trying to determine if it's ignorance or arrogance. Probably 50:50.



Could just be he is just sly like a fox. I never could figure out why there weren't more Don Wolachuks in the guru kingdom. I mean something like 70% of the years and months since the inception of the Dow have been up and same with the S&P. It doesn't take any great genius to allign oneself with the historical upward bias of the stock market and to his credit, Don figured that one out long ago. I believe it was market wizard George Soros who once said that he had lost more money shorting stocks than in any other speculative activity.

Edited by Gary Smith, 08 May 2007 - 10:29 PM.


#8 Rogerdodger

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Posted 08 May 2007 - 10:49 PM

I think I figured out why I like to short. When I was in the boy scouts, I was in the BEAR PATROL! :bear: Scout's honor! Troop 20. "On my honor I will do my best to do my duty..." I was voted: "Best first year scout." I was 35. I think that now I'm damaged goods. :blink:

Edited by Rogerdodger, 08 May 2007 - 10:53 PM.


#9 pdx5

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Posted 09 May 2007 - 12:00 AM

DOW FROM 7000 TO 13000...............BUT HOW MANY YEARS IN BETWEEN AND WHAT WAS THE INFLATION DURING THAT PERIOD? SURELY AS GARY SMITH POINTS OUT STOCKS WILL RISE OVER THE LONG TERM, BUT SO WILL INFLATION. TO MY SIMPLE MIND, LOOKING AT DOW WITHOUT ACCOUNTING FOR INFLATION IS LIKE DRIVING BLIND FOLDED.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#10 da_cheif

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Posted 09 May 2007 - 07:22 AM

DOW FROM 7000 TO 13000...............BUT HOW MANY YEARS IN BETWEEN
AND WHAT WAS THE INFLATION DURING THAT PERIOD? SURELY AS GARY SMITH
POINTS OUT STOCKS WILL RISE OVER THE LONG TERM, BUT SO WILL INFLATION.

TO MY SIMPLE MIND, LOOKING AT DOW WITHOUT ACCOUNTING FOR INFLATION
IS LIKE DRIVING BLIND FOLDED.

so.....what ur saying is....without accounting for inflation it was a waste of time being long from the bottom eh.... :lol: ......so wats ur point?