BigJake

Stopped Out of Four Long Positions - Washington Is the Culprit

Moon,

You should stick to the political blogs when using words like Obamanomics... leaning on politics when making economic decisions is a recipe for introducing political bias into your investing decisions. Making economic decisions on the basis of politics and opinion rather than fact is a good way to find out how to be wrong a lot.


On Aug 06 10:25 PM Moon Kil Woong wrote:

> Big Jake: The problem is the government is as arbitray as it always
> is and no one knows when the party will end. That being said Trademarks
> sells are exiting positions that are running counter to the market.
> He is correct that government intervention affects the entire market
> from the point of entry on down.
>
> Thus often what's good for the government entity being saved often
> turns out to be bad for perfectly solvent, fiscally prudent companies.
> Trademark is in the market and profited off the upcycle (most everyone
> has by now), he is just exiting things that don't fit into the Obamanomic
> market model.

Stopped Out of Four Long Positions - Washington Is the Culprit

Come on guys. If there is a PPT, what is their purpose? To keep themselves in power pulling the levers of power. Exactly how does crashing the stock market keep that equilibrium for the "PPT" or the powers that be? It doesn't. It creates a giant mess and could cause political instability. Not good for the PPT. So, logically things should go up. Not straight up of course because then it would be too obvious and too easy. But the point is, if you wait long enough, its up. I waited out June which was a bull trap and in July they sprung the bear trap. Yes maybe in 7 years we might have another crash, but why not make money while we wait? Seriously, if you think there is a PPT, you should be long for the next few years and you will make money!!!! If you don't believe in a PPT and the market isn't rigged is when we should be ready for anything to change up or down at anytime....

Stopped Out of Four Long Positions - Washington Is the Culprit

I just don't understand. If you are so confident in the plunge protection teams ability to support the market why isn't everyone all in and long? I mean why not make money off a rigged market if you know which way its rigged? No one ever seems to want to answer this question no many how many times I ask it...

Stopped Out of Four Long Positions - Washington Is the Culprit

Mark - man up. Its easy to blame others for mistakes. In fact, that is the signature move coming out of Washington these days. The only "culprit" is yourself!