http://articles.mone...edOfStocks.aspx
The little-known Tiger 21 is an exclusive investment club whose 130 members -- average portfolio: $50 million -- are not exactly shunning equities but definitely are proceeding with caution.
"I am rooting for a bull market, but I'm very concerned this market is showing signs of being tired," says Tommy Gallagher, a member of the group and its chief executive.
Even big-money tigers are scared of stocks
Started by
Russ
, May 30 2007 10:55 PM
4 replies to this topic
#1
Russ
-
- Traders-Talk User
- 7,199 posts
Member
Posted 30 May 2007 - 10:55 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
Mtrader
-
- Traders-Talk User
- 1,221 posts
Member
Posted 30 May 2007 - 10:56 PM
Tired. I want some stuff they are smoking.
You are on your own. This is for demonstration only.
JV
JV
#3
Rogerdodger
-
- TT Member*
-
- 26,874 posts
Member
Posted 30 May 2007 - 11:04 PM
definitely are proceeding with caution.
Look at the sentiment the past year then look at the charts.
PS: I'm curious. How did they make that money?
Trading? (Somehow I doubt it.)
Edited by Rogerdodger, 30 May 2007 - 11:06 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Russ
-
- Traders-Talk User
- 7,199 posts
Member
Posted 30 May 2007 - 11:09 PM
more quotes from article...
"I don't think that, given what the fundamentals are, we're going into a bear market, but I think it's very likely we're going into a correction," Gallagher says.
One investment he's studying right now: The Chicago Board Options Exchange's "Fear Index," which has been edging up this year.
This is the CBOE S&P 500 Volatility Index, whose option ticker symbol is VIX. Options are portfolio insurance. If you fear a down market, for example, you can buy options that go up in that circumstance. If a lot of people feel that way, the price of those options will increase.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#5
da_cheif
-
- Traders-Talk User
- 10,963 posts
Member
Posted 31 May 2007 - 07:14 AM
>I don't think that, given what the fundamentals are, we're going into a bear market< ...... generation after generation are taught in kawledge that fundamentals have something to do with the stock market.......thank the Lord that they arent taught the real deal......lol
