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allforone

allforone
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  • Pullback on Monday? [View article]
    I totally agree. Monday's market might tank, or else it might go up. It seems the only thing charts note is history and not a predictor of the future. If charts told the future we would all be rich.
    I'm really hoping for an up Monday and a big, big squeeze. That would make for an interesting day.
    S&P 870 end friday, 885 end monday.
    Apr 19 07:52 PM | Likes Like |Link to Comment
  • What to Short When the Rally Dies [View article]
    The average working person in America has their retirement funds in stocks, be it their company's, index funds or long term retirement ETF's. Nowhere in my retirement fund is a 'short fund'. They are all long and every financial advisor is saying 'stay, buy, stay, buy' the market will recover. These people are the working class who slave and put a percentage of their income's into what they are told, the stock market. Most pay their house mortgage and aren't up to their eyeballs in debt. They are betting on the market to go up (I was in cash for the past 2.5 years, waiting for the market to correct but I have never shorted any stock).
    Now let's take these people that have taken a 'daytrading' course and who's only 'job' is to sit around in their undies looking to make a few bucks for the day, buying or shorting stocks. The 'buy and hold' doesn't make the 'crack high' feeling these daytraders need to function or survive. They would rather drive the Dow from 14000 to 8000, effectively stealing grandpa's and dad's retirement that they have worked and saved for so many years. Not only have they succeeded in devistating 401(k)'s they have to demand it go down more, how far can they drive it? To zero? Would that make them happy? They may have all the money but what then? Live high on the bankruptcy of everyone else?
    Why not short gold? It's got one bigass buffer to it. I'd laugh at that.
    Apr 19 12:48 PM | Likes Like |Link to Comment
  • How the Gold Game Could End [View article]
    "The investment seeks to strive to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the Trust terminates and liquidates its assets, or as otherwise required by law or regulation. The Trust is not managed like an active investment vehicle, and it's not registered as an investment company under the Investment Company Act of 1940."
    GLD is backed by some gold, but how much? Is it buying 'air' like the great deal of a timeshare? If I was going to invest in gold it would be coins - something that couldn't be taken away by the government at a whim by an adminstration that values polar bears over it's citizens lives and livelyhoods.
    Short term gamble? GLD is as good as any slot machine in Vegas. Go for it or don't.
    Apr 19 12:13 PM | 5 Likes Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    I'm really wondering what the long term upside to investing in the middle east economy when one by one they are producing nuclear bombs, probably not very big ones and their deployment vehicle isn't much better than a bungy slingshot, but with the suicide mentality of extremists and their clerical handlers makes for a giant house of cards that has a very unstable base.
    Maybe the author can expand on what is going on in Dubai that will guarantee profits. From what I've seen it's the result of poor arab trash getting suddenly super-rich and seeing what extremes they can go to?
    Apr 19 11:19 AM | Likes Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    Another reason to not invest in Dubai, they are the world's biggest bank for the arab oil money - and I have seen too many times the boom to bust to boom of oil and banks. I thank God I have never been invested heavily on the wrong side of the banks or oil - it can mean instant financial death from someone who feels that shorting a great stock is a good way to steal from granpa's retirement fund. What the heck, he can always go on welfare and eat dogfood, right?
    Apr 19 11:05 AM | Likes Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    "invest in Dubai" he sayeth....
    What does Dubai produce? Oil and terrorism. The price of oil is wayyyy down and there isn't much profit in terrorism - unless you are a Samoli pirate, and 3 of the pirates' gold necklace turned into a lead brainwarmer.
    By the last news Dubai was using slave labor that was expendable and even many projects have gone into neutral territory.
    I believe investing in America is a safer bet than a foreign nation that is in financial turmoil without any production to fall back on, other than the price of oil.
    Apr 18 09:08 PM | Likes Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    "invest in Dubai" he sayeth....
    What does Dubai produce? Oil and terrorism. The price of oil is wayyyy down and there isn't much profit in terrorism - unless you are a Samoli pirate, and 3 of the pirates' gold necklace turned into a lead brainwarmer.
    By the last news Dubai was using slave labor that was expendable and even many projects have gone into neutral territory.
    I believe investing in America is a safer bet than a foreign nation that is in financial turmoil without any production to fall back on, other than the price of oil.
    Apr 18 09:08 PM | Likes Like |Link to Comment
  • Thoughts on the S&P 500 Going to 325 [View article]
    S&P 325? Sounds like a shorter's fantasy. The overall (American) market is the confidence in America, and the market is the sum of the individual stocks.
    Given the S&P today approaching 900 it's the sum of confidence today and the future.
    My guess is that the bulk of the money invested in the market today is retirement funds by mom/pop/grandpa. They rode the market down as the shorters took more and more out - worse than a coke addict with unlimited funds living in Columbia - and the same savers have and will still pump their hopes and dreams back into their retirement funds.
    If you can convince enough people to short the market and if someone with enough funds to drive the market down and the real investors go to cash then the S&P and others will do the ultimate spiral down the toilet - again. Your prediction/hope will come true.
    Until then, keep losing money shorting a bull market! I'm making money again.
    Apr 18 09:42 AM | 1 Like Like |Link to Comment
  • Real Bull Market or Bear Rally? Still Unclear [View article]
    I have yet to see a 'rich' stockbroker who got rich off buying and selling in their own account.
    Apr 17 10:40 PM | Likes Like |Link to Comment
  • Real Bull Market or Bear Rally? Still Unclear [View article]
    Bear, bull, buy and hold, short and hold your breath, go long, gold, forex, bla bla bla....
    There are 1000 opinions going around on 1000 directions of what the market is going to do the next minute, hour, day, week, month, year, decade.... One of them have to be right - for a while.
    The only way to tell if a bear market is over is when it's long over and the shorts have lost everything they gained in the down side. Almost every American is long one way or another in a brokerage account directly, a 401(k) or an employers retirement account. What the shorters don't understand is that they are destroying people's retirements by violently driving down stock prices. Do the shorters care? It doesn't appear they are anything but SELFISH. I wonder if they see their parents, grandparents, uncles, kids futures disappearing for the shorter's cash stealing addictions.
    Make the downtick rule more strict or better yet tax short sales profits at 90%. Make it economically unfeasable to destroy the stock market again.
    Apr 17 09:52 PM | 1 Like Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    "THE END OF THE MARKET IS COMING THE END OF THE MARKET US COMING"
    But it didn't happen today. The shorts lost and the longs won.
    But neither lost or won much.
    Sooner or later he will be right. I just hope it's years later.
    Apr 17 09:10 PM | Likes Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    "THE END OF THE MARKET IS COMING THE END OF THE MARKET US COMING"
    But it didn't happen today. The shorts lost and the longs won.
    But neither lost or won much.
    Sooner or later he will be right. I just hope it's years later.
    Apr 17 09:10 PM | 1 Like Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    The only way to see the actual 'bottom' will be looking at it from the rear view mirror while driving up, up and up.
    Looking at the market, it's bottomed and now we are moving up. Suckers buying into this market? Then count me in as a 'sucker'. I went all cash Oct 06, I was not happy when the naz went from 2400 t0 2800, but I was very happy to not lose that freefall from 2400 to the bottom of 1260 (50% loss). I got back in 3 weeks ago, after the 'sucker rally' started.
    Good luck to all, longs, shorts and SUCKERS!!!!
    LOL.....
    Apr 16 11:42 PM | 3 Likes Like |Link to Comment
  • Sucker's Rally Approaching an End [View article]
    It all makes sense. He is shorting the American market, telling others to sell so he makes money and probably has calls in Dubai. If he's successful he makes money from you.
    Everyone is an instant expert.
    Go with your gut. It's your money.
    Apr 16 11:15 PM | 2 Likes Like |Link to Comment
  • New Bull Market or a Bear Market Rally? [View article]
    Funny how the bottom can only be seen in the rear-view mirror and for all the predicitons of the market going up or down, usually only half are right on this coin flip prediction.
    Charts can be right in hindsight and the stock market is the best explaination of 'chaos theory' I can find.
    Apr 13 10:25 AM | Likes Like |Link to Comment
COMMENTS STATS
301 Comments
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