Stock market thread
Started by Vintage65
almost 16 years ago
Posts: 73
Member since: Feb 2010
Discussion about
Greetings, As I am new to SE, I'm not sure if there has been a stock market thread, so here it is. While lurking, I find many many of you seem to have an interest in finance/trading/investing. I also see an incredible amount of "smart" people here, so I hope some of you will chime in. This is not for trading purposes but rather just a thread to keep an eye on the markets. I ran a small hedge fund... [more]
Greetings, As I am new to SE, I'm not sure if there has been a stock market thread, so here it is. While lurking, I find many many of you seem to have an interest in finance/trading/investing. I also see an incredible amount of "smart" people here, so I hope some of you will chime in. This is not for trading purposes but rather just a thread to keep an eye on the markets. I ran a small hedge fund back in the days and still keep a close eye on the markets. So let your thoughts fly and I hope this will be helpful for some of you. Today's observation so far: Day after the discount rate hike, mkt looks like it wants to get back to unch'd or better. The hike, as I pointed out last night, was already telegraphed by the Fed and the CPI came in rather tame. We have options expiration today so maybe we'll see the typical last hour volitility, but certainly the mkt (so far) looks like it's shrugging off the rate hike pretty well - as somewhat expected. Homebuilders: Most showing small gains or unch'd. Vintage65 PS: This is not neccessarily a daily thread. Main goal is just to stay "up" on important days or major moves. [less]
And - so you know - when I buy a stock I put in a limit sale order at the price I want to sell it at. It happens automatically, though I review it from time to time. I almost changed by $47 handle to $48 yesterday and I would have gotten it & made an extra few %, but that was the price I set when I bought the stock at $41.75, and I kept it.
I have some limit orders out now to buy stocks if they reach my price. I'll be looking at the market over the next few days since we're into earnings season, to see if I want to adjust my parameters. My goal is to double my money again by the end of December.
I'll gladly pay the tax.
That's fine Steve, but know that you're cutting into your gains long-term in doing so. I'm just a bit surprised that you're so quick to remind us how significant transaction costs are in real estate (rightfully so, even if you exaggerate the % sometimes) but dismiss them so casually when it comes to equities. They're significant and too many uneducated investors do exactly what you're doing.
http://seekingalpha.com/article/15143-etf-investing-guide-the-three-goals-of-investing
That's all well and good, but you (and your article) failed to account for the opportunity cost, which is what the fees in real estate are related to.
If you think there is a stock in the world where you can make the types of gains that I make using my strategy, by holding that stock for 1 year to pay long-term capital gains instead of short-term, tell me what it is. I've made 80% from January 1 through yesterday.
You forget the old adage: never let the tax tail wag the dog.
> You're right, SWE: I recalculated, and I'm actually up 80% this year.
Yes, you're the best imaginary trader I know!
I have to figure its really easy to make money when you get to completely fabricate trades a year later, and lying about your horrible bets - like China, wow was that a stinker - undoes the effect of the dumb moves. And, man, have you made a ton of dumb, dumb moves.
But at least you stopped noting your calls before you bought... it was SOOOOO easy to make fun of those!
You've gotten better at being deceitful.
> based on the portfolios you spec'd for me several weeks ago
Wow, therein lies your problem... only looking at weeks to judge a portfolio. Thats almost (ok, not almost, nowhere near) as bad as steve, who has probably lost all of his money with the trades he called going back a year, and has apparently turned his $1 left into $1.70, I mean $1.80.
The fees in real estate are related to opportunity cost? You mean broker commission, mortgage tax, etc.? Or are you talking about the down payment? And I did not say you should hold for a year and sell. When I say long-term, I mean long-term. As in hold for years/decades. If you want to dismiss taxes so casually, fine, but I thought I would at least point it out to you. Good luck either way.
That said, I do love how swe follows you around like a lap dog to repost minor variations on the same diatribe over and over. And then accuses others of following him around. Hilarious.
> You pay no social security or medicare tax on these trades. It's better than working.
Yet another mistake from Steve.
You can use the capital gains losses to offset $3k in regular income per year... and you can use it for other trades you have to make later on. That means self-employment tax REDUCED, not just not paid. Those losses are worth something.
Steve's logic is moronic... its like saying "well I already have $5 in my pocket, so spending doesn't cost anything".
Pretty much everyone on this board is doing better than steve in the stock market.... AND those who aren't spending their capital gains loss deductions doing so are coming out even further ahead than Steve.
Once again, another bad, bad call from Steve.
Apparently you're in a different league, SWE, because I made $3k in my regular job between yesterday and today. I'm not worried about that deduction from my income tax.
I just gave you the last trade I executed. Even if I were down to my last dollar, if I continually double it every six months, within a very short time I'll be very wealthy.
What I mean, bjw, is in real estate you are comparing renting and buying, that is why the transaction costs are part of the opportunity cost. In stocks, there is an opportunity cost between holding it long-term and short-term. The longer you hold it the greater the risk. I can't make my gains by holding a stock long-term - and I can't make money on the downside - so I prefer to pay the extra tax.
> I just gave you the last trade I executed.
Yes, and left out the hundreds before you lost all your money on and have refused over and over again (after pretending you couldn't access them after just lying about trades you didn't make)
Enjoy your fantasy world, Steve!
Nope - I gave those, too.
Poor somewhereelse - doesn't know how to make money in a down market.
> Nope - I gave those, too
Nope, you didn't.
You can say it over and over again, but its in the thread above.
> Poor somewhereelse - doesn't know how to make money in a down market.
Poor steve, doesn't know how to make money in an up market.... OR a down market.
Eighty percent thus far this year.
Enjoy your $1.80, steve.
You're so, so bitter SWE.
you're projecting, steve...
You are not even fun to make fun of anymore. You're just sad.
Oh, I'm sorry, SWE. If you search the thread, however, you'll see where I recommended the stock that I sold yesterday: I posted when I bought it.
Though I'm all cash right now, I'll let you know the next trade I make. You can follow me & Warren, instead of Jimmy.
K?
Pathetic, steve... really.
You are a very sore loser, SWE.
Sorry your stocks are down the tubes. If you knew what you were doing, you'd be making tons of money in this market.
like clockwork... steve calls "SHORT", and the market is up 600 points...
thanks steve!
You're welcome, SWE - but I bought the shorts on Friday after the market was up 500 points, so it's not quite the spin you give it.
And I'm standing by them!
And your post, SWE, shows why you don't make money on the stock market, & I do: I never try to get the absolute best price possible - just part of whatever the market goes up or down. A big part, but just a part.
The market is up about 150 points from where I bought. Check out the volumes - today and over all last week - and tell me what you come up with. Very, very low volumes on the upside, huge volumes on the downside. That does not make for a stable price environment - which I also discussed with a good buddy of mine, an SVP in wealth management at a major international bank. He took the words right out of my mouth on Friday: "Something feels wrong about this rally."
Yup.
> just part of whatever the market goes up or down.
Unofortunately, you keep buying the wrong part!
lol
> shows why you don't make money on the stock market,
Yes, you bought china to watch it tank (then lied about it),bet the complete wrong way several times, just a few of your many bad, bad calls, and I bought double downs with the dow 2000, 3000, and 3300 points below where it is now (and then the other shares I bought 600 points ago... a nice little 13% jump)
Keep telling us how you're "making" money steve... it just amuses everyone so much!
And keep telling me how I "don't make money".
Really, steve, seriously now.
Sad.
and, btw Steve, you are lying... as usual.
The market is up 150 points today alone. You yelled short on the 7th. We're up 350-400 since then.
But, hey, what do actual numbers mean when you're just going to make some more up!
lol
I didn't "yell short" - I said, "Time to short" or something like that.
But I didn't actually buy on that day: I put in a limit order which didn't get executed until Friday.
Do a Google search to find out how that works.
rotfl
the lady she doth protest too much...
Thou dust.
Pure profit, SWE.
Sorry you laugh at my trades.
SWE - come out, come out, wherever you are!
Why does Somewhereelse thinks he know it all?
Beside ragging on others what value do you bring here?
Why are you trying so hard to look 'good'? Stop trying, just give it up sister.
Keep up the good work Steve.
ericho...what value do you bring? excellent technical analysis?? hows copper lookin? or non farm payrolls?
Let us read the thread, SWE laughing when I said the market was poised to fall again. A brief rally on the lowest volume in 10 years is meaningless; just look at the technicals: lower highs and lower lows. And from what I can see, I've made 15% in the last week alone.
But, hey, what do actual numbers mean when you're just going to make some more up!
lol
I bring 'sanity' back into a community that is insanely bearish.
> Pure profit, SWE.
Yes, Steve, you're the king of imaginary profits!
> Sorry you laugh at my trades.
No, its your posts we laugh at. I don't think the trades even exist to make fun of.
> us read the thread, SWE laughing when I said the market was poised to fall again
And then it went up hundreds and hundres of points! nice job!
steve, you continue to be awfully amusing!
> And from what I can see, I've made 15% in the last week alone.
Yes, steve's imaginary trading has made him a billion. Of course, his ACTUAL calls have been awful, AWFUL, and he has lied about trades he didn't make.
Like that china bet! Nice job steve!
> But, hey, what do actual numbers mean when you're just going to make some more up!
ROTFL!
Oh my god, did Steve just call someone else making something up!
I love it!
> SWE - come out, come out, wherever you are!
Steve, you really do like being proven dumb, don't you!
> Why does Somewhereelse thinks he know it all?
> Beside ragging on others what value do you bring here?
> Why are you trying so hard to look 'good'? Stop trying, just give it up sister.
> Keep up the good work Steve.
Ericho, ericho, as usual, you are painfully confused.
Steve has started entire threads to congratulate himsself on calls (ironically, one ones he didn't make). He has the WORST set of calls on this board by far (he preceded the biggest drop we had in the last 5 years with a call for up, and the biggest up we had in the last 5 years with a call for down).
'tis steve who starts the conversations.
"SWE - come out, come out, wherever you are!"
But clearly you missed that.
Anybody who listened to Steve got KILLED. He made some horrible, HORRIBLE calls (and now only makes them after the fact, so he can change them).
And I told people to buy when the dow was in the 6s 7s and 8s... while Steve was selling (though lying about it later).
But, hey, ericho, I know you like losing!
SWE, you're too much: first you laugh at me for saying it was time to short the market, and then when I did you laugh at me and say I'm claiming trades that I never made.
HAHAHAHA!
You're sounding more and more like LICC every day. I remember how happy you were some 1400 Dow points ago.
Just FYI, I went even shorter this morning. Looking for the next dip to earn me a tidy 30%, doubling my money thus far this year. We're a few weeks away from there, but with earnings coming in as I expected they would, I see no reason to be bullish again for months.
> SWE, you're too much: first you laugh at me for saying it was time to short the market
And you were wrong then, too! Market went up 400 points after you said it!
> and then when I did you laugh at me and say I'm claiming trades that I never made.
And then you claimed you didn't short when you said, you did it days later!
I love how you reconfigure your trades after they "happen". My favorite is still how you sold China years ago, yes still managed to own it after it tanked! I love it!
And you never answered on your China lie STILL! What a winner there! And STILL never answered BSX's direct requests (after claiming you "couldn't get the data" - another lie)!
I love it.
Steve, you amuse us more each and every day. You can make all the claims you want, but you routinely manufacture them AFTER the data comes in... and then, even still, you have made the worst calls on the board!
You call UP, it goes DOWN. You call DOWN, it goes UP.
Like clockwork.
Thanks!
I've made so much betting against you!
Thanks steve!
Steve, I'd be careful. Swe is apparently keeping very detailed notes on you.
"And then you claimed you didn't short when you said, you did it days later!"
I didn't short on the day that I said, "Time to short the market." I placed a LIMIT ORDER, which was executed last Friday. A limit order, SWE, is when you say "Buy X at $Y, or below $Y, but not above."
I never place market orders.
The order was for FAZ at $15. It is currently trading at $16.14. Do the math yourself.
I have answered the China "question" a million times - you are conflating about 3 years worth of posts and claiming they all happened at once.
And I shorted emerging markets today, FYI.
HAHAHAHAHA!
I love it, Steve yells short, and what happens.... up 150 points!
rotfl.
"I have answered the China "question" a million times - you are conflating about 3 years worth of posts and claiming they all happened at once. "
No, you didn't. You said you had sold them all before 2009, and then a post detailing your holdings in them after that was posted by you. Still no response on that!
"You're sounding more and more like LICC every day."
Ironic that you bring LICC up... LICC isn't right about very much... but he absolutely SCHOOLED you on rent vs. buy.
LICC has been more right than you!
rotfl.
"but he absolutely SCHOOLED you on rent vs. buy."
OMG. No wonder you're as silly as you are, SWE.
"Steve yells short, and what happens.... up 150 points!"
HAHAHAHAHA! When I sell my shares I'll let you know my profit. You don't know the difference between high volume and low volume, what a limit order is, what short covering is, or how Fed rumors can affect the intraday market. The only thing that matters, SWE, is the price I buy at and the price I sell at, and I always sell much higher than I buy.
Schooled me. HAHAHAHAHA!
Also, it's actually worth pointing out that the Dow is up only 34 points.
SWE is counting from the day's low to the day's high. Anyone who plays that sort of game is bound to lose money - it's why day traders inevitably lose: they set their limits to close to their purchase price, and get out when the market goes against them.
Gold closed $10 higher today, GS is up 3.5% based on bad earnings, volume is light at about 134 million shares. The market is setting itself up for a big fall. Exactly when that will happen I don't know; no one does. A likely untrue rumor about the Fed - probably spread by someone trying to reverse out of a position - caused the market to increase. It won't stay there.
This is why SWE is so funny about me being "schooled": she cries tears of joy when the Dow hits 11,000 and change, and then it collapsed right back down to 9,800. All the gains wiped out. I don't play that game: I got a good portion (not all) of the upswing, and a good portion (not all) of the downswing. That's how you make money. You don't worry if the Dow hits x level or y - you just follow the charts & the movements, pick a good entry point and a good exit point. Won't ever be perfect. Good is good enough to make tons of cash.
Gold, SWE, never goes up at the same time as stocks.
When you see up volume on 300 million shares, take note. The only time you see that volume now is on the downside.
Take note.
This thread is full of sound and fury, signifying...nothing. Sad, but true.
> The only thing that matters, SWE, is the price I buy at and the price I sell at, and I always sell much higher than I buy.
Yes, in your imaginary land of trading, when you can manufacture trades weeks, months, even years later....
Again, nothing on China. Surprise, surprise!
> "but he absolutely SCHOOLED you on rent vs. buy."
> OMG. No wonder you're as silly as you are, SWE
Steve, I've read the rent vs. buy threads. Anyone can. Silly can ONLY be applied to you in this case. Even far out bears were making fun of you on that one!
lol!
> - it's why day traders inevitably lose
Of course, the saddest part of them all is its Steve who doesn't get he's a day trader. He just wonders why he lost so much money!
> SWE is counting from the day's low to the day's high
No, I'm not.... I'm counting from when Steve mades the bad call to when he tried to rationalize it away.
> I got a good portion (not all) of the upswing
Another manufactured after the fact trade. A lie! Steve was calling it a sucker rally at 10k!.
Now he "participated". I love it.
> Good is good enough to make tons of cash.
So, that just makes you horrible, no? Poor? What word would you like?
Perhaps, but check this chart out:
http://data.cnbc.com/quotes/.DJIA/tab/2
and look at the 1 year chart, and look at the big volume days (bar chart), and they are almost all to the downside. Now I am a bit surprised that the market went up as much as it did today, but I'm not at all worried about it. Probably mostly short covering from this morning's precipitous decline. Same thing happened just before the market tanked last month - gold up on the same days as the stock market.
swe, what's your angle here?
http://www.ritholtz.com/blog/2010/07/market-rally/
rumor that fed will quit paying interest on reserves
That was one of today's rallying points, AR. There's also resistance at 10,400 Dow and S&P 1,100.
And no volume.
"when you can manufacture trades weeks, months, even years later...."
You mean, like today, when I posted what I did, or earlier in this thread, when I did the same thing.
You claim that I "manufacture trades .... even years later" and then want to go back to 2007 when I had a position in China, and made a lot of money on it? I told you how & when I lost money, & how and when I made it. What have you posted, Scrooge McDuck?
"Steve, I've read the rent vs. buy threads. Anyone can. Silly can ONLY be applied to you in this case."
Really? That is should cost the same to own and to rent the same property, or that you should be able to buy a place and rent it out break-even on Day 1, and that's silly?
It's accepted economic theory, SWE.
OMG.
This little sequence on pages 1 and 2 of this thread are very interesting:
truthskr10
about 11 weeks ago
sorry, forgot yesterday's tally....5 copters.
today 5 copters, 2 dropoffs
11137.01 +91.74 (0.83%) Fri Apr 29 10:34am ET
truthskr10
about 11 weeks ago
11151.83 +143.22 (1.30%) Mon May 3 4:03pm ET
somewhereelse
about 11 weeks ago
ouch, making money hurts.
truthskr10
about 10 weeks ago
forgot to post (loosing enthusiasm and patience with this experiment :) )
3 copters this am
10926.77 -225.06 (-2.02%) Tues May 4 4:02pm ET
stevejhx
about 10 weeks ago
"ouch, making money hurts"
It truly does, somewhere else. I'm in agony.
***
That was the start of the last Bear Trap that SWE got caught in. "Making money hurts" when the Dow was at 11,151.83.
Does it still hurt today, SWE, a thousand points lower?
...and copter traffic has been abysmal. Even hampton traffic.
"You claim that I "manufacture trades .... even years later" and then want to go back to 2007 when I had a position in China, and made a lot of money on it? "
ROTFL.
Sorry, steve, there you go and your revisionist history again. You claim you sold it all, yet in between in between, all your posts about not having sold it. Whoops!
"I told you how & when I lost money, & how and when I made it. What have you posted, Scrooge McDuck?"
Right here on the board... told folks to buy SSOs at dow 6s, 7s, and 8s. Not after the fact like you Steve. Beforehand. Won't take long to see that a huge chunk of those are up 100%+.
> Does it still hurt today, SWE, a thousand points lower?
It hurts a little less. I'm only up 138% on some of those SSOs now.
You remember, that whole rally you missed?
lol
"then want to go back to 2007 when I had a position in China, and made a lot of money on it? "
still laughing about this one. the one you changed your story on after the fact!
So successful, you have to lie about it!
rotfl
> This thread is full of sound and fury, signifying...nothing. Sad, but true
Yes, but steve still likes bringing it up, no matter how funny he looks doing it!
btw, remember how steve claimed to have sold the losing china bets? This was AFTER he claimed he sold...
"I'm staying where I am but not adding anything, and when it returns to breakeven I might even sell it, depending on the market conditions. I'm very uncomfortable right now with just about everything, and I like my cash position"
This was right before the runup to 10 and 11k.... another one steve missed. whoops!
swe, still not sure what your angle is.
"You claim you sold it all, yet in between in between, all your posts about not having sold it. Whoops!"
I sold all of my (large) position in China around February 2008, not long after it hit its peak in December 2007. After the crash I held a very small position in China which I either broke even on or gained or lost a small amount - I don't remember because it was just a few thousand dollars. I remained out of the stock market for about 18 months after that.
What is "SSO's"? Not a clue, so you'll have to fill me in on what it was that I advised people to do, because I have no idea what SSO's are.
Unless you mean ProShares SSO, which would be something that you bought but not me. But if you're up 138% on SSO it looks kind of unlikely:
http://www.marketwatch.com/investing/fund/sso
"dow 6s, 7s, and 8s"
I don't know what that means, but if you mean Dow 6,000's, 18 months ago (when I reentered the market with a very small position), if you've only made 138% you're not doing very well, because the Dow is up 157% since its low in January 2009. Seems you're behind the market.
> because the Dow is up 157% since its low in January 2009
oh, jeez. Steve, we know you're not one for logic. Or truth.
But, now, well math either.
Sorry, Steve, going from 6600 to 10,150 is not 157%. Again, one more time, if you get from 6600 to 10k and get 157%, its time for you to shut off your computer, tear up your diploma, and go back to 3rd grade.
Now we know how Steve got to his "I'm up 180%!". Turns out he just doesn't get what the numbers mean.
Oh jeez, as they say, never argue with a drunk or a fool. Sorry, Steve, enjoy your own complete lack of sanity.
Thank you for proving my point, SWE:
I did say, "I'm staying where I am but not adding anything, and when it returns to breakeven I might even sell it, depending on the market conditions. I'm very uncomfortable right now with just about everything, and I like my cash position"
which is what I later posted here, overlapping you: "After the crash I held a very small position in China which I either broke even on or gained or lost a small amount - I don't remember because it was just a few thousand dollars. I remained out of the stock market for about 18 months after that."
That's exactly what I did. It was BEFORE the Dow hit its lows. I don't berate myself for "missing another run-up" or for not selling at the absolute high or buying at the absolute low. Those can only be known in hindsight.
I didn't miss the run-up to Dow 10,600 or so - read my post about triple-longing the banks. Made quite a bit of money on that, as I did when I subsequently shorted the market around Dow 10,700, and made 25% in a matter of a few weeks.
I'm not perfect at investing, SWE, but I'm pretty good: 80% return thus far this year, on top of a 300% return last year, isn't too bad at all.
truth, logic, or math.... you don't get any of 'em steve, so why are you still repeating yourself.
157%. i love it.
"if you get from 6600 to 10k and get 157%, its time for you to shut off your computer, tear up your diploma, and go back to 3rd grade."
Did I say that from 6,600 to 10,000 is 157%? I don't think I did. The Dow closed today at 10,230, not 10,150. I don't know where you got that 6,600 figure from.
You are more and more like LICC every day! You claim I said something that I didn't say, then you laugh at your own stupidity.
We'll use your figures - 6,600 and 10,150 - and we get about 154% (not far off from my figure). If you're only up 138% and the Dow is up 154%, you're still not doing very well, are you?
oh my lord, steve, are you still trying to claim that going from 6,600 to 10,230 is 157%
or that 6600 to 10,150 is 154%?
dude, really... math class. Seriously, now. RUN.
Now we know why steve thinks he made money.
rotfl.
dude, thank you so much! you so made my day.
this is so fing hillarious.
> then you laugh at your own stupidity.
rotfl
omg, now we know how steve calculates his "returns".
lmfao
"that 6600 to 10,150 is 154%?"
In fact, SWE, it is approximately 154%, rounded. Here's how it works: (((10,150 - 6,600) / 6,600) + 1) * 100 = 153.787%. Such that if you multiply 6,600 * 1.537878, you get 10,149.9948, or 10,150.
How do you calculate your "returns," SWE?
tell me this is a joke.
PLEASE tell me this is a joke.
oh my lord, my side is hurting so bad!
Pssst...Steve...going from 6600 to 10150 means you are up 53%, not 153%. Hope that helps. Cheers.
Yeah Bsex, you're right. My bad. That's what I get doing stuff when I'm working! :0
rooooooooooooooootfl.
Now all of steve's nonsense posts make sense!
"I've made 80% from January 1 through yesterday." = "I lost 20%"
"I made 101%!" = "the bank paid me 1% interest"
And, maybe now the rent vs. buy equation will finally make sense!
i love it.
Steve, thank you SO MUCH.
This was such a nice pick me up today!
No, SWE, you are right on this one, I did the math right but the percentage wrong. That's what I get for trying to post with people breathing down my back for work.
My bad, my bad.
But it doesn't take away from anything else I've said, nor does it take away from this: "ouch, making money hurts"
a thousand odd points ago.
> But it doesn't take away from anything else I've said,
so you say.
thanks again for all the fun!
> I did the math right but the percentage wrong.
rotfl
no, thats called the math wrong....
As W67 would say:
LLLLLLLLLLLLLLLLMMMMMMMMMMMMMMMMFFFFFFFFFFFFFFFAAAAAAAAAAAAAAAAAOOOOOOOOOOOOOOOOOO!!!!!
I don't think w67th would say that, exactly. not particularly funny.
my daughter had a hissy fit bc her dress didn't have enough colors.
"not particularly funny."
actually, it is.
"I did the math right but the percentage wrong"
Steve has said he does translation for work. To give an analogy, that's like saying "I did the translation right, but I got the words wrong" LMFAO! Can someone translate "backpedal" into latin?? LMFAO! LMFAO! LMFAO!
Interesting
Very interesting
LMFAO or FLMAO
Where does the F go?
Perhaps we should ask the daughter. What best expresses her feelings toward the dress? What best expresses the fact that the inheritance will be held in trust and control will be maintained beyond the grave?
Will the geographic preference that led to admission to Yale now become a legacy to her benefit?
Where does that F go?
The markets are going higher from here. There are too many people who are too fearful and too ignorant. They will all continue to recapitalize the banking industry with their premiums on debt and they will all continue to improve multinational revenues AND margins while they consume the "necessities" of ignorant and fearful consumers.....and of course, this will spur a whole new wave of spending from the "investment community" who is so used to taking money freely from the fearful ignorant masses! I expect new highs right around Armagedden, or 2012!
Wow, that is perhaps the best b*itchslap ever on SE. Well done somewhereelse!
steve, please: http://bit.ly/aTc2EW
> Well done somewhereelse!
enjoy!
Thanks, bjw - hilarious.
Sorry, SWE, for all your laughing yesterday - we're right back where we started the day. And more bad news coming, according to Big Ben.
Yeah, my math mistake was pretty funny, I admit that. I'm still laughing....
oh, steve, if it was only yesterday we were laughing at you about...
"if it were," SWE, not "if it was...."
"ouch, making money hurts"
"I expect Bernanke's commentary to be accommodative and as a result I'd bet the market trades higher into the close."
You know who said that today, SWE? Jon Najarian, on Fast Money, one of the best traders there is:
http://www.cnbc.com/id/38344287/
I guess he's subject to the same ridicule that you throw at me, even though both of us are much better at what you're laughing at us for than you are.
Two more years of this marxist regime and the dow will be 3000. Communism is vey bearish.
Great post, Julia!
Did you know that the stock market ALWAYS does better under Democratic administrations, and the worst recessions in history ALWAYS start under Republican ones (Hoover, Nixon, Reagan, George I, George II)?
Just a little fact check to keep things on par.
steve, thanks for continuing to pop this thread. I get a huge belly laugh every few minutes!
aboutready
about 23 hours ago
ignore this person
report abuse I don't think w67th would say that, exactly. not particularly funny.
everyone thinks it's funny.. even steve who's being a good sport and can laugh about it - but aboutready doesnt think it's funny?!?
smith, I must have missed the admiration of your wit. I've seen other amusement here, but nobody doing the written equivalent of slapping the thigh with hilarity (or even modest amusement) because of your lame attempt at humor.
smith Don't let aboutready bother you. Her husband is a vulture cannibalizing the productive. It must be quite difficult to look yourself in the mirror living that kind of life.
julia!
when can we expect to see you nude on the motorcycle smoking?
CC when the regime is defeated and there is no more income tax.. And i won't be wearing a helment.
cc Why are yo a little grey man? What did you do? A libertarian wouldn't hide you and make you grey.
right, Julia. have you considered moving to a country without taxes and a decent judicial system yet? all you need to be happy there is electrified gates, a good video security system and bodyguards. and homeschooling and airlifting the sick child for decent medical care. viva capitalism.
how do you look at yourself knowing that other people paid for your medical costs? capitalism, Julia. it doesn't mean the rich can avoid risk. libertarianism? you don't deserve a cent of the earnings of others. keep deluding yourself with your adherence to a fanciful ism.
and for the seventeenth f'ng time, my husband represents those damned capitalistic companies you like so much. he also does pro bono, but in his for profit work he is only working to get companies more money. are you saying that Berkshire or GE or Microsoft have no right to sue?