He's probably confusing the so-called 45% contraction in global wealth with a relatively small drop off in global output..
On Mar 15 12:38 PM Alphameister wrote:
> I happen to agree generally with your conclusions, but "fifty years > as a pro" and you are able to claim the world economy has shrunk > by 40%-50%??? Absurd exaggeration hardly serves any credibility > you might be seeking.
Too right you're no analyst. And yes it's not about getting it right or wrong; we certainly all manage to do both. But you could at least *think* before committing pen to paper (so-to-speak). The fundamental premise for your argument, which is not even hedged with 'probably', is flawed. Surely even you can see that. Yes you touched a nerve, and yes you deserved the insult, but my ad hominem doesn't make your argument any less leaky. And yes I do have one oil service stock, FTI, which bought about 3 days ago, and which frankly I'll be holding for about as long as it takes to get up to around 30-40 dollars, which could be 3 days or 3 weeks, 3 months or maybe 3 years.
On Feb 20 07:28 PM the reformed broker wrote:
> not insightful analysis, im no analyst > > just my opinion based on my own experience > > i dont stick to my guns either, i go the other way if i'm proved > wrong > > and im wrong plenty, and you'll never hear me claim otherwise, although > from you must be flawless and brilliant > > thanks for the personal insult, i must have touched a nerve > > On Feb 20 06:23 PM NutritionFacts wrote:
Another load of old tosh masquerading as insightful analysis from some self-serving publicity-seeking halfwit.
Comparing dot.coms not even out of nappies on p/e's of 1000 with multinational oil service companies drilling wells miles beneath the ocean, just so that we the world can feed its addiction to the black stuff.
Geezus these SA articles really are getting worse.
I mean, who is this guy, to just real off a bunch of stocks and their prices to us?
"United States Oil ETF (USO) is down to $23.45. Oil demand has fallen off a cliff. I don’t know how long this will last but it looks cheap at these levels."
Depressed Oil Prices Approaching Good Point for Speculation [View article]
"When the time comes to buy oil, look to the oil futures or oil futures related ETFs. They’ll give you much more bang for your buck than most oil stocks."
A more accurate headline would shurely have been "The Stock Market Continues to Tread Water".
Furthermore, going nowhere after a steep move in either direction fulfils the imporant function of working off overbought or oversold conditions, creating the setup for either a continuation or a reversal, neither of which can be forecast with any great degree of confidence.
Behind the Numbers: Problems Loom for OPEC [View article]
What a useless addition to SA this is. Next time you write something perhaps ask yourself the following before you submit it to SA:
1. Does the piece tell us something that we don't already know and have not known for months 2. Will the information or insigths contained in the piece allow us to make money in some way.
I submit that had you asked those questions of the above piece, the answers would be no, and no.
The Bull Continues to Run Backwards [View article]
7150/10600. Sounds like a good way to make money, provided you're the one selling the trade to the potential mug who buys it. Isn't that the inverse of a strangle or straddle?
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please link to a larger version.
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On Mar 15 12:38 PM Alphameister wrote:
> I happen to agree generally with your conclusions, but "fifty years
> as a pro" and you are able to claim the world economy has shrunk
> by 40%-50%??? Absurd exaggeration hardly serves any credibility
> you might be seeking.
Your Oil Stocks Aren't Coming Back [View article]
And yes it's not about getting it right or wrong; we certainly all manage to do both.
But you could at least *think* before committing pen to paper (so-to-speak).
The fundamental premise for your argument, which is not even hedged with 'probably', is flawed.
Surely even you can see that.
Yes you touched a nerve, and yes you deserved the insult, but my ad hominem doesn't make your argument any less leaky.
And yes I do have one oil service stock, FTI, which bought about 3 days ago, and which frankly I'll be holding for about as long as it takes to get up to around 30-40 dollars, which could be 3 days or 3 weeks, 3 months or maybe 3 years.
On Feb 20 07:28 PM the reformed broker wrote:
> not insightful analysis, im no analyst
>
> just my opinion based on my own experience
>
> i dont stick to my guns either, i go the other way if i'm proved
> wrong
>
> and im wrong plenty, and you'll never hear me claim otherwise, although
> from you must be flawless and brilliant
>
> thanks for the personal insult, i must have touched a nerve
>
> On Feb 20 06:23 PM NutritionFacts wrote:
Your Oil Stocks Aren't Coming Back [View article]
Comparing dot.coms not even out of nappies on p/e's of 1000 with multinational oil service companies drilling wells miles beneath the ocean, just so that we the world can feed its addiction to the black stuff.
Fcking idiot.
Financials Getting Slaughtered [View article]
I mean, who is this guy, to just real off a bunch of stocks and their prices to us?
"United States Oil ETF (USO) is down to $23.45. Oil demand has fallen off a cliff. I don’t know how long this will last but it looks cheap at these levels."
LOL!!!
Depressed Oil Prices Approaching Good Point for Speculation [View article]
Justification or rationale for that comment?
The Stock Market Continues to Heal [View article]
Furthermore, going nowhere after a steep move in either direction fulfils the imporant function of working off overbought or oversold conditions, creating the setup for either a continuation or a reversal, neither of which can be forecast with any great degree of confidence.
Would You Pay $1,000 for This Book? [View article]
Using DBO, USO and OIL to Play Crude Oil [View article]
Behind the Numbers: Problems Loom for OPEC [View article]
Next time you write something perhaps ask yourself the following before you submit it to SA:
1. Does the piece tell us something that we don't already know and have not known for months
2. Will the information or insigths contained in the piece allow us to make money in some way.
I submit that had you asked those questions of the above piece, the answers would be no, and no.
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The Bull Continues to Run Backwards [View article]
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