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Old 12-06-2018, 01:15 PM
 
20,955 posts, read 8,678,698 times
Reputation: 14050

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30 days...ha ha. As if the forgotten man and woman and all the holiday shoppers and all investors and retirees work that way.

Sounds like phma would be a good candidate to work with Kudlow on tweets.

 
Old 12-06-2018, 01:16 PM
 
Location: NC
5,129 posts, read 2,598,017 times
Reputation: 2398
Quote:
Originally Posted by NomadicDrifter View Post
When people make predictions based on nothing (no money on the line) they can keep making predictions until they hit one, and feel smart
yep. I wonder how many posting in this thread actually run money...the elevated VIX has again provided an opportunity to sell some credit spreads--which I did today.
 
Old 12-06-2018, 01:28 PM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
[quote]
Quote:
Originally Posted by subaru5555 View Post
In the game for 40 years yet no 401k?

Is everyone's goal to have a fat 401K when they die ? It wasn't my goal. I used my 401K to retire several years early. It worked out just the way I planned it. It wasn't the only account I had at the time. Its not the account I have now. The way it worked, I got way more out of it then I could have gotten with it being my only account in a shorter time frame.

Quote:
How stupid do you think all of us are, considering how specious your arguments are?
Fortunately I don't have to guess how stupid people are. They post on the thread and prove it in varying degrees. They are betting against America and prosperity. The entire democrat message is specious and the same people are here with the same message. Don't be an individual. Allow government to parent you in the top down style of China. Submit and obey. Herd up !!! I heard that. I don't buy it. I buy at the lows and if that is what you see as specious then I'm good with it.

It doesn't matter where the market goes. What matters is the close or where it closes, IMO.

As I have said no one should do what I'm doing. Stay in the herd and get similar results. The collective should be happy to hear that message. It's what they constantly say too.

Last edited by phma; 12-06-2018 at 01:45 PM..
 
Old 12-06-2018, 01:32 PM
 
2,362 posts, read 778,305 times
Reputation: 873
Quote:
Originally Posted by tripleh View Post
yep. I wonder how many posting in this thread actually run money...the elevated VIX has again provided an opportunity to sell some credit spreads--which I did today.
Getting very abstract with that index. I put some small money (about 8,000 USD) in DIA, entry was 245, stop market at 230, and limit at 255. If I lose money it should only be around 500USD, so it's just a fun bet.
 
Old 12-06-2018, 01:50 PM
 
Location: Sonoran Desert
39,078 posts, read 51,239,172 times
Reputation: 28324
The Wall Street Journal comes to the rescue with a story that maybe the Fed will slow down its rate increases after all. The market jumps on hope and thin air.
 
Old 12-06-2018, 01:53 PM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
Quote:
Originally Posted by Ponderosa View Post
The Wall Street Journal comes to the rescue with a story that maybe the Fed will slow down its rate increases after all. The market jumps on hope and thin air.
The Fed thought about it and realized Trump was right. Remember Trump controls all things even the weather they say. Who is they ?
Well......we know who they are. Lunatics and the loon minions.
 
Old 12-06-2018, 02:16 PM
 
Location: alexandria, VA
16,352 posts, read 8,097,884 times
Reputation: 9726
Quote:
Originally Posted by phma View Post
The Fed thought about it and realized Trump was right. Remember Trump controls all things even the weather they say. Who is they ?
Well......we know who they are. Lunatics and the loon minions.
Somehow I don't think Powell and the Fed put much weight in anything Trump says.
 
Old 12-06-2018, 02:21 PM
 
20,955 posts, read 8,678,698 times
Reputation: 14050
Quote:
Originally Posted by Ponderosa View Post
The Wall Street Journal comes to the rescue with a story that maybe the Fed will slow down its rate increases after all. The market jumps on hope and thin air.
If they do, it means the economy is not doing well (as it was under Obama, which is why they planned all the increases)......so either way we are sunk.

I'd rather have 4% inflation and make 12% than have 3% inflation and make 5%.

If the Fed has to manipulate the economy a decade or more after the GWB Great Recession, that's a big deal. It pretty much means we never hit normal....
 
Old 12-06-2018, 02:21 PM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
Quote:
Originally Posted by r small View Post
You are correct. Market timing is a sucker bet. Smart investors buy good companies and hold them for the long term. Example: Warren Buffet.

Not everyone is a long term investor. I'm sure not.

That's the problem with group think.
Not everyone is in the group and thinking they are, isn't thinking at all.
 
Old 12-06-2018, 02:23 PM
 
Location: moved
13,656 posts, read 9,717,813 times
Reputation: 23481
Quote:
Originally Posted by phma View Post
Not everyone is a long term investor. I'm sure not.

That's the problem with group think.
Not everyone is in the group and thinking they are, isn't thinking at all.
Well then, what sort of investor are you? What is your ultimate objective? What methods do you espouse, in reaching that objective?
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