Dow, S&P 500 at highest levels since 2008

I would be a seller at these levels. The environment just isn't setup for a new bull market to emerge.
Even my favorite indicators (junk bonds) are getting a bit overheated.

SHIAX & JNK now yielding 7.5%. <<--danger.

Another big RED flag is the $tran (Tranports). Starting to struggle quite a bit as the market continues to run hot and heavy.

http://finance.yahoo.com/q/ta?s=^DJT&t=1y&l=on&z=l&q=l&p=&a=&c=

If the movers aren't moving anything, you got an issue 'somewhere'. It's not all rosy out there.

http://www.bloomberg.com/news/2012-02-28/gross-says-investors-should-embrace-a-defensive-strategy-amid-zero-rates.html

Gross got murdered last year with a HUGE short position in Treasury. He haven't been very good as of late. All that QE which is now suppressing the long yield is throwing his models out of whack.

Then again, there's a saying out there...

"There's simply too much money chasing too few opportunities. It's always a receipt for disasters"

I'll take the check please..... Oh.. YOU mean recipe... like two eggs, sugar, LIC condo bought at height of market... .what are you making ericho... a financial santorum... mmmmmm delicious if you are into that stuff...

BTW, I'm in 160K shares of Sprint at $2.3... like 11% in 2 months... BUT WTF do I know.. .even IF I LOSE EVERY SINGLE CENT ON SPRINT... $368K of it, I KNOW I'M STILL WAY AHEAD OF 2007 w67 who would've bought the 3bdrm condo for $2MM.

$40K... give or take a few ripped mainsails.... 3DL beeeythes....

True. I guess he stopped fighting the fed.

The Total Return Fund has gained 2.82 percent this year, beating 95 percent of its peers, according to data compiled by Bloomberg

BTW, I'm in 160K shares of Sprint at $2.3..

lol.
Your trading your daddy's money. You'll lose it all just like everything else.

"Total Return Fund has gained 2.82 percent this year, beating 95 percent of its peers.."

But like W67th, he's "under-performing" the overall market.

"BTW, I'm in 160K shares of Sprint at $2.3... like 11% in 2 months... BUT WTF do I know.. .even IF I LOSE EVERY SINGLE CENT ON SPRINT... $368K of it, I KNOW I'M STILL WAY AHEAD OF 2007 w67 who would've bought the 3bdrm condo for $2MM."

You lying sack of chit.
You got in at 5 last year....don't make me pull up that post.

I grew up with nothing.... HOW DOES ONE lose everything when one starts with nothing.....

BUT YOU CAN LOSE MORE THAN NOTHING when YOU ARE LEVERAGED INTO THE GREATEST RE BUBBLE IN LIC... IT'S CALLED NEGATIVE EQUITY...

YOU GO AHEAD AND LOSE YOUR FAMILY's MONEY and those of your unborn children...... look into your daughter's eyes and say "No, we can't go to the Carribbean like all your classmates this year." GO on.... keep trading you bucket shop ninny.

Do you want verification via falco or inonada? I can send them a screen shot of my etrade brokerage..... but then you'll accuse me of staying up all nite, cutting and pasting

Last summer when the market was at a low w67 said he was all in cash. Now after the market is up, he's in stocks? Or was he just lying? hmmm hmmm hmmm was he lying or stupid, which one will he pick to support his image?. Has to be one or the other, there's no other option. Lying or stupid. hmmm hmmm flmaoz

+280.31% on some of my SSOs (one of the two buys I made on 03/09/09)

Re: a financial santorum

now that was funny. thanks for the laugh w67 (and I'm sure ericho doesnt get it)

Lying or stupid?

For most, you can only be one...but for w67th, he can be both. Trust me. That guy is one stupid liar.

Trust me, I get it especially after i borrow Carolst's pencil and stick it up both of your asses.

What' worst then a stupid liar?
A lemming = West34.

At least w34 got the santorum reference.

What's worse than liar? Pants on fire? Wow. You wound me ericho. You hurt me in my big cyber space ego.

Come on ericho. It's got a huge short position. Come on ericho. Pile on the shorts. Come on I double dare ya.

Sprint just pulled off a nice bond offering. They got iPhones. Best data plans around. Like betting on ford when they had the pinto and gm was rising high. Reversion to mean.

Come on hurt me in my pocket books. Go double short. Pull the trigger pussy. Take the 160k short side of my long. Come on grow some balls. Ya wanna buy in manhattan at some point, right. LIC is just a pit stop.

>Sprint just pulled off a nice bond offering.

oooooh!

>They got iPhones.

That they subsidize for $400 each, and that they've acknowledged will create losses through 2015.

>Best data plans around.

This helps shareholders how?

>Like betting on ford when they had the pinto and gm was rising high.

One of the worst cars of all time.

>Pull the trigger pussy.

Is this something on your wife?

ericho75
about 13 months ago
Posts: 1577
Member since: Feb 2009
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"BTW, I'm in 160K shares of Sprint at $2.3... like 11% in 2 months... BUT WTF do I know.. .even IF I LOSE EVERY SINGLE CENT ON SPRINT... $368K of it, I KNOW I'M STILL WAY AHEAD OF 2007 w67 who would've bought the 3bdrm condo for $2MM."

You lying sack of chit.
You got in at 5 last year....don't make me pull up that post.

Did he get in at $5? Right now evidence supports his ~$2.40 call.