A final challenge fo stevejhx, be correct just once, in reality, not in theory
Started by DanShorock
about 17 years ago
Posts: 44
Member since: Oct 2008
Discussion about
DanShorock less than a minute ago ignore this person report abuse Great job with predictions. You've been wrong. Great job also telling everyone what to do. People would have lost money in the last decade by renting and not buying and instead putting money in equities. I don't care about your PITIS and 12x that has been "proven". So has the long-term return on equities been proven. Except that in... [more]
DanShorock
less than a minute ago
ignore this person
report abuse Great job with predictions. You've been wrong.
Great job also telling everyone what to do. People would have lost money in the last decade by renting and not buying and instead putting money in equities.
I don't care about your PITIS and 12x that has been "proven". So has the long-term return on equities been proven.
Except that in the past 10 years, someone coming to NYC would have been best off buying a property and not putting the money in the market.
The facts are against you.
Your theories are unproven.
Unproven.
No matter how scientific you want to be. No matter how much you can cite CNBC and talk about mark to market accounting and tell us Cramer is right or wrong and how banks are right or wrong and how developers and brokers are evil and how you shorted but now you are long and now you are short again and now you are long again.
You are wrong.
You repeatedly cite evidence of being wrong: "Find me a 1,000 square foot 2-bedroom apartment in Chelsea for $700,000. The cheapest currently listed is $900,000, most are in the $1.2 million range. A few months ago most were in the $1.4 million range. "
That is proof that you are wrong.
How about making your once and final prediction and then GO AWAY and only come back when you have been PROVEN (i.e. FACT) correct, not that some math formula and professor from Yale says that THEORETICALLY you SHOULD BE correct. No more "It shouldn't matter" or "If we assume"
Make your final prediction and then shut up until you are shown correct. Just once.
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Response by MnRadis
about 17 years ago
Posts: 2
Member since: Oct 2008
I mean every time I see something by this guy I go to the next topic. There is always an agenda with the topic each and every time and so the only possible outcome is a fight. How is that helpful to any reader? What are he and his cohorts thinking, or are they just going for attention?
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Response by anonymous
about 17 years ago
This guy is like a tumur.
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Response by anonymous
about 17 years ago
we'll, stocks were up 5%, you could have done better, or with the volatility, you could have actually had to pull back each time on the downside before the up happened.
what happened to the main subject of this thread and his humongous losses?
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Response by anonymous
about 17 years ago
If you are all buy stock, buy stock and rent, well, you are wrong, you have been wrong. If you are buy Japanese and BRIC and rent in NYC, that is foolish.
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Response by farquhar
about 17 years ago
Posts: 124
Member since: Jun 2008
If you are all buy noodles, well, you are go buy noodles with yourself. If you are go buy noodles, you are wrong but maybe you are with other noodles go buy maybe, then you are go crazy.
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Response by ootin
about 17 years ago
Posts: 210
Member since: Jul 2008
remember this
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Response by stevejhx
about 17 years ago
Posts: 12656
Member since: Feb 2008
I do. & I made 45% today. Pick your start & stop dates....
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Response by JuiceMan
about 17 years ago
Posts: 3578
Member since: Aug 2007
Congrats steve! What are you going to do with the $4.50?
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Response by stevejhx
about 17 years ago
Posts: 12656
Member since: Feb 2008
It's up to $6 now, JuiceMan.
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Response by anonymous
about 17 years ago
This is very VERY dangerous. You have a guy who is suggesting not buying real estate because of the potential for long-term changes in price, yet he is a day trader who makes 45%. Tell the average person that instead of buying a home they should gamble on risky derivatives and indexes. It is frightening and totally against suitability regulations.
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Response by anonymous
about 17 years ago
This again!
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Response by Hirschrandev
almost 17 years ago
Posts: 29
Member since: Jan 2009
In theory
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Response by ClintonB
almost 17 years ago
Posts: 128
Member since: Sep 2008
remember?
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Response by ClockingOut
over 16 years ago
Posts: 4
Member since: Jun 2009
Rhino86, analyze this with your CFA
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Response by chris1203
over 16 years ago
Posts: 1
Member since: Jun 2009
Does anyone have the Youtube link to the comedy routine that Steve did?
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Response by MnRadis
over 16 years ago
Posts: 2
Member since: Oct 2008
Wow, I haven't checked out stuff in months and this caught my eye again
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Response by JuiceMan
over 16 years ago
Posts: 3578
Member since: Aug 2007
A little gem from steve in this thread
"This is a rough time in the stock market. General Motors is now worth what it was in 1953. Does that make it a failure over the course of its storied past? No. It means it's in trouble today and it could very well get out of it."
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Response by erichtilgner
over 16 years ago
Posts: 1
Member since: Jun 2009
GM's stock went to bankruptcy but the company is still there and the cars are still owned by people and being made. Not a very good example.
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I mean every time I see something by this guy I go to the next topic. There is always an agenda with the topic each and every time and so the only possible outcome is a fight. How is that helpful to any reader? What are he and his cohorts thinking, or are they just going for attention?
This guy is like a tumur.
we'll, stocks were up 5%, you could have done better, or with the volatility, you could have actually had to pull back each time on the downside before the up happened.
what happened to the main subject of this thread and his humongous losses?
If you are all buy stock, buy stock and rent, well, you are wrong, you have been wrong. If you are buy Japanese and BRIC and rent in NYC, that is foolish.
If you are all buy noodles, well, you are go buy noodles with yourself. If you are go buy noodles, you are wrong but maybe you are with other noodles go buy maybe, then you are go crazy.
remember this
I do. & I made 45% today. Pick your start & stop dates....
Congrats steve! What are you going to do with the $4.50?
It's up to $6 now, JuiceMan.
This is very VERY dangerous. You have a guy who is suggesting not buying real estate because of the potential for long-term changes in price, yet he is a day trader who makes 45%. Tell the average person that instead of buying a home they should gamble on risky derivatives and indexes. It is frightening and totally against suitability regulations.
This again!
In theory
remember?
Rhino86, analyze this with your CFA
Does anyone have the Youtube link to the comedy routine that Steve did?
Wow, I haven't checked out stuff in months and this caught my eye again
A little gem from steve in this thread
"This is a rough time in the stock market. General Motors is now worth what it was in 1953. Does that make it a failure over the course of its storied past? No. It means it's in trouble today and it could very well get out of it."
GM's stock went to bankruptcy but the company is still there and the cars are still owned by people and being made. Not a very good example.