2009 Depression Will Be Nothing Like 1929 [View article]
jonny: Don't remind me--it was a terrible call and I lost my shirt on the trade. It wasn't my first bad trade nor will it be my last/ I think the whole market could see a dose of profit taking tomorrow so I could see a bit of relief. By the way- Kudos to you for the great writings you produced via your comments on this platform. I wish I had just 10% of your abilty to produce the persuasive engaging,articulate arguments you contributed--you really lit up this board and I appreciate it as it helped the article's popularity. Keep up the good work!
2009 Depression Will Be Nothing Like 1929 [View article]
Negative sentiment is at all time highs. If you are a contrarian, this sets up a nice buying scenario. Usually the crowds are wrong and are akin to the herd being led to slaughter.I guess what I am trying to say, is don't get caught up in the fear thing-this noise clouds your mind from rationality and objectivity.Be greedy when others are fearful and fearful when others are greedy--how else are you supposed to buy low and sell high?
2009 Depression Will Be Nothing Like 1929 [View article]
The markets go in extremes in both directions. This irrationality provides ample opportunity for the prudent investor to exploit, either by opening a short position or a long one. it's typical herd behavoir, and those who have the insight to avoid that dangerous mentality will prosper. Disclosure: Long BRID, PBY and IPSU, Short: AMZN
2009 Depression Will Be Nothing Like 1929 [View article]
You guys are getting a bit sidetracked..the article was also meant to demonstrate how good AMZN is as a "short play"---The stock plummeted almost 5% today despite the Dow ending up in the green.
Food Stocks Deserve to Be on Your Plate [View article]
2009 Depression Will Be Nothing Like 1929 [View article]
2009 Depression Will Be Nothing Like 1929 [View article]
2009 Depression Will Be Nothing Like 1929 [View article]
2009 Depression Will Be Nothing Like 1929 [View article]