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But if you now feel that the stock market is the sign post of recovery then by all means keep those rose colored glasses on. :)

// Flying, purely by accident I was taken back to the 1st page where you posted this on AUG2nd . Have you really stayed out for 3 months? Really you shouldn't be making any comments about rose colored glasses :D

Like I said definitely a crossroad but logically I am 99% certain we have nowhere to go but down.

//

Well without looking back I still feel the same & have seen nothing to change my outlook here.

If you look above at my comment you reference, regarding rose colored glasses you will see it was preceded by these words....But if you now feel that the stock market is the sign post of recovery

Also if you recall I have said many times all things kick a few times even when their heads are being removed.

Dont get me wrong Zorro I have said more than once to you congrats & good luck in the future. But lately you seem to have a hole in your pocket......IE: you appear to be feeling cocky

Continued good luck/trading

Edited by flying
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I have to be cocky flying you dont know the hel_l bears put me through since November, I have been under extreme pressure for a very long time so letting off some steam now, sure its annoying but I'll get over it but hey a 13 month high that's exciting. yes you are the only one that's acknowledged and wished me well

But come on now you dont expect to have a little dig at me and then I come back and you get all serious :)

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I have to be cocky flying you dont know the hel_l bears put me through since November, I have been under extreme pressure for a very long time so letting off some steam now, sure its annoying but I'll get over it but hey a 13 month high that's exciting. yes you are the only one that's acknowledged and wished me well

But come on now you dont expect to have a little dig at me and then I come back and you get all serious :)

No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

I am never too serious although recently some things I have seen are quite serious.

As a contractor at times I get called by inspection services to do small jobs for them.

Recently there has been calls to rekey foreclosed homes take some pics etc.

Some of these homes are big dollar unfinished custom homes.

Well when you go & find folks squatting in homes where you would never expect a squatter to be it paints a picture pretty clearly. When said squatters turns out to be a young mother with a baby it is even more clear just how FUBAR it is getting.

There is something happening here.

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I have to be cocky flying you dont know the hel_l bears put me through since November, I have been under extreme pressure for a very long time so letting off some steam now, sure its annoying but I'll get over it but hey a 13 month high that's exciting. yes you are the only one that's acknowledged and wished me well

But come on now you dont expect to have a little dig at me and then I come back and you get all serious :D

although you indulge in the disgusting habit of trading [YUCK :D ] stocks Zorro my best wishes to you for further success. :) may the force be with you and may you leave square miles of wet and fertile rice fields to your heirs!

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Gold and equities at highs. Looking for some shorting positions. Financials look prime. The broke but zombie-fied FDIC should be on a takeover rampage in 2010. The relatively few 100++ (albeit record-setting) takeovers this year was a gift to the market. Dig deeper and you will find that WHEN they were taken over, it was obvious that FDIC dragged their feet.

C'mon Sheila Blair! You KNOW you want to tap that Fed credit line and make Bernanke create more fiat money from thin air! Go for it!!!

Edited by SNGLIFE
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I have to be cocky flying you dont know the hel_l bears put me through since November, I have been under extreme pressure for a very long time so letting off some steam now, sure its annoying but I'll get over it but hey a 13 month high that's exciting. yes you are the only one that's acknowledged and wished me well

But come on now you dont expect to have a little dig at me and then I come back and you get all serious :D

although you indulge in the disgusting habit of trading [YUCK :D ] stocks Zorro my best wishes to you for further success. :) may the force be with you and may you leave square miles of wet and fertile rice fields to your heirs!

thanks Naam

lasy.jpg

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

As a scientist you will know that everything that goes up ( especially if its only up based on unadulterated bullshit and lies - eg last weeks unemployment figures )

must inevitably come down so please explain why exploiting the " investment opportunities which only happen once in a decade " wont be equally as profitable

on the way down :D

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

As a scientist you will know that everything that goes up ( especially if its only up based on unadulterated bullshit and lies - eg last weeks unemployment figures )

must inevitably come down so please explain why exploiting the " investment opportunities which only happen once in a decade " wont be equally as profitable

on the way down :D

Maybe things won't go down in the same fashion as last year. Markets can go sideways for years and years (which is effectively going down). Last year was not the worst a bear market can be by a long shot. For a trader (not necessarily an investor) sideways is the worst.

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

As a scientist you will know that everything that goes up ( especially if its only up based on unadulterated bullshit and lies - eg last weeks unemployment figures )

must inevitably come down so please explain why exploiting the " investment opportunities which only happen once in a decade " wont be equally as profitable

on the way down :D

:D

cough, squirm errm good question rice boy.

:D

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

As a scientist you will know that everything that goes up ( especially if its only up based on unadulterated bullshit and lies - eg last weeks unemployment figures )

must inevitably come down so please explain why exploiting the " investment opportunities which only happen once in a decade " wont be equally as profitable

on the way down :D

Maybe things won't go down in the same fashion as last year. Markets can go sideways for years and years (which is effectively going down). Last year was not the worst a bear market can be by a long shot. For a trader (not necessarily an investor) sideways is the worst.

Agreed with last sentence 100%

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just got home and expected to see - 100 minimum

Dow is green?

its green but thats not the point. Ignoring the bears, the bulls need to know something EXTREMELY important.

1. we have rallied over 400 points since last week

2. We should be down tonight big time - 100 I was happy with just for a breather

If we are above -100 I will keep buying

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

Yes this is a problem with internet forums........Things get confused.

I said I made the rose colored remark when responding to you

http://www.thaivisa.com/forum/Stock-Market...71#entry3129471

You can categorize me in any group you see fit. Although like I said I just base my outlook on what I see & hear first hand here.

As for focus is on the headcount of shitty and superfluous banks

I Don't think they are shitty or superfluous nor do I focus on them. They are just 1 of many things going on here that give a view of the whole. You know last week with the 9 banks?... represented 153 branches. That adds to the UE puzzle a bit eh? Also remember waaay back when this all started I was all for letting a few banks fail but they were deemed the too big too fail. Also yes your impression that I think any greenshoots are weeds at this point & a misrepresentation of the bigger picture. But I have also always said the casino is open & doing well. So yes exploit away as you say. I personally have not missed oppotinities this year. Perhaps they are just in a different vehicle/viewpoint

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

Yes this is a problem with internet forums........Things get confused.

I said I made the rose colored remark when responding to you

http://www.thaivisa.com/forum/Stock-Market...71#entry3129471

You can categorize me in any group you see fit. Although like I said I just base my outlook on what I see & hear first hand here.

As for focus is on the headcount of shitty and superfluous banks

I Don't think they are shitty or superfluous nor do I focus on them. They are just 1 of many things going on here that give a view of the whole. You know last week with the 9 banks?... represented 153 branches. That adds to the UE puzzle a bit eh? Also remember waaay back when this all started I was all for letting a few banks fail but they were deemed the too big too fail. Also yes your impression that I think any greenshoots are weeds at this point & a misrepresentation of the bigger picture. But I have also always said the casino is open & doing well. So yes exploit away as you say. I personally have not missed oppotinities this year. Perhaps they are just in a different vehicle/viewpoint

Anybody with enough cash available, that invests in an asset class they understand well (when it's on sale), is going to prosper, no matter whether equities are in a Bull or Bear market.

Speaking for myself, I could not invest in micro caps in an illiquid market on a momo basis. I am constitutionally incapable of buying any kind of "subordinated" instrument. In fact I've gone to great pains in the ppast to take out superior lien holders so I wouldn't have to. Those that understand these things deeply can do very well, but that isn't me. I employ methods many coudn't or wouldn't do, but it works for me, in any kind of market. Everyone's got a different skill set and comfort level.

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Strange behavior, lots of talk that Dow was way way oversold by shorters to 6500 and was false bottom. never should have dropped below 8500 so kind of makes sense that we are holding 10,000 comfortably. If the false bottom is true then we were never far away anyhow. 10000 is huge psychological support so Dow please stop going up and take a breath, consolidation is better than a sell-off :)

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Futures continue a very steady rise towards 100. Its not so much that there advancing its the manner , very smooth gradual precisely how instos slowly take their positions. The possibility of 10400 taken looking strong. A few posters I see have taken short positions last few days. OUCH! how do you guys sleep at night betting against a rising market? :)

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No prob I was responding to Namm though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

As a scientist you will know that everything that goes up ( especially if its only up based on unadulterated bullshit and lies - eg last weeks unemployment figures )

must inevitably come down so please explain why exploiting the " investment opportunities which only happen once in a decade " wont be equally as profitable

on the way down :D

:D

cough, squirm errm good question rice boy.

:D

Midas understandably Naam didnt bother but you dont need to be a scientist. The laws of relativity state that what goes up must come down . So you are correct. whats this V ? were half way into a V recovery. Did you not notice That we already had a catastrophic fall? now we having a spectacular rise

Action = reaction. What are you on about Midas what fall do you talk about? we just had it. you can read a basic chart right? :D Look at lannaberths , try to learn something instead of posting conspiracy theory's and plunge protection teams (dumbest post so far) lucky Im your friend and not being to hard on you :D

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No prob I was responding to Naam though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

i never make rose coloured remarks Flying. it is correct that you don't belong to the resident "conspirators" and i was wrong in this respect. but the reference to you applies broadly as your focus is on the headcount of shitty and superfluous banks which went belly-up in the Greatest Nation on Earth™, thereby indirectly extrapolating that green shoots in other economic areas do not exist. this is my impression, correct me if i am wrong.

something similar applies to the other "negators" who don't seem to realise that their gloom&doom attitude prevented them to exploit investment opportunities which only happen once in a decade. well... to each his own :)

As a scientist you will know that everything that goes up ( especially if its only up based on unadulterated bullshit and lies - eg last weeks unemployment figures ) must inevitably come down so please explain why exploiting the " investment opportunities which only happen once in a decade " wont be equally as profitable on the way down :D

not everything that goes up goes necessarily down again. 30 years and 2 days ago i married a lady who's weight at that time was 46kg. today the numbers are switched, her scale shows 64kg (inspite of daily 150-200 laps in the pool and 5 km of jogging) and i love (yummy!) every pound of it. any reversal seems highly unlikely.

as far as assets are concerned, only greedy dummies without any experience think sky is the limit. that applies to stocks, bonds, imobile property and you name it. exceptions which prove the rule are precious metals, especially GOLD which can never go down again but will (any time from now) buy a bakery for a single one ounce coin. :D

this year i sold quite a number of positions which yielded 100, 150 and 200% within a couple of months. normally i would have been very happy with a fraction of these yields and sold with 20 or 25% capital gains. but prices were like rockets and i couldn't cope selling fast enough. that the lion share of the positions i sold show now 300 and 400% gains doesn't bother me at all. i scold my friends when they mention "we should have kept all of them!" to make a long story short, i have cashed in 80-85% of my profits and presently trade daily the miniscule amount of 250-500k (EURos not Zimbabwe Dollars) in a single position only, the proceeds of which enables me to feed my dogs with something better than regular dog food. they are now out for a walk but in 45 minutes they expect their evening treat which today is two shrimps, a tiny piece of gruyère and a slice of Nürnberger Rostbratwurst.

to sum it up: i too expect the "way down" in the months to come -which i think will last several years- but that has been already discounted by me and besides the little trading i mentioned above i am very busy to prepare for that time by trying to protect whatever i own. believe me, the latter is not an easy task!

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So many Bears getting reamed right now.. Still see no signs of bull trend completion myself... Letting it run....

Actually, you don't understand how the markets work. No bears are getting reamed, because the bears are waiting for the right time to enter the market. The big question is whether or not the bulls have the sense to quit when the market does move down.

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So many Bears getting reamed right now.. Still see no signs of bull trend completion myself... Letting it run....

Actually, you don't understand how the markets work. No bears are getting reamed, because the bears are waiting for the right time to enter the market. The big question is whether or not the bulls have the sense to quit when the market does move down.

no he is right, bears getting reamed no matter how you look at it. Trust me all the way up bears took short positions = reamed

missed the rally = reamed

may miss the totall recovery = reamed x a very large bull ouch!!!

Now the bulls. No reaming massive gains and can swap suits on a click of a mouse LOL! Loong You can only pray to the market gods.

Reality you missed out. I wonder if you really understand the markets?

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Hi Guys,

Curious if anyone is playing in FAZ , setting positions for a downward move. Thoughts, Etc.

(Yes, I have been building a position since it dropped under $20).

As you can play the market both ways (correction due eventually) .

And yes I am back in...

Edited by Newguy70
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No prob I was responding to Naam though with the rose colored remark. Based on his naming me in his conspiracy theory remark.

as far as assets are concerned, only greedy dummies without any experience think sky is the limit. that applies to stocks, bonds, imobile property and you name it. exceptions which prove the rule are precious metals, especially GOLD which can never go down again but will (any time from now) buy a bakery for a single one ounce coin. :)

to sum it up: i too expect the "way down" in the months to come -which i think will last several years- but that has been already discounted by me and besides the little trading i mentioned above i am very busy to prepare for that time by trying to protect whatever i own. believe me, the latter is not an easy task!

Sorry Naam I see I had a brain fart twice misspelling your name in this thread & another.

With regards to your comment of Gold you forget that some of us are not invested in gold but instead hedged in it.

We do not so much watch for gold to rise forever but we do not see any reason yet for the dollar in which it is priced

( for some of us) to stop falling anytime soon. Sure it will kick a few times like anything that has its head severed from its body but that does not mean it will regain any of its former self.

Edited by flying
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So many Bears getting reamed right now.. Still see no signs of bull trend completion myself... Letting it run....

Actually, you don't understand how the markets work. No bears are getting reamed, because the bears are waiting for the right time to enter the market. The big question is whether or not the bulls have the sense to quit when the market does move down.

no he is right, bears getting reamed no matter how you look at it. Trust me all the way up bears took short positions = reamed

missed the rally = reamed

may miss the totall recovery = reamed x a very large bull ouch!!!

Now the bulls. No reaming massive gains and can swap suits on a click of a mouse LOL! Loong You can only pray to the market gods.

Reality you missed out. I wonder if you really understand the markets?

I have not seen any evidence of bears taking short positions in this rally.

You state that I have missed out. That is the difference between you and I. You see, I don't feel that I have missed out on anything. I am happy that I do not suffer from this fear of "missing out", because that is exactly what drives traders to make losses.

Many people do suffer from this fear of "missing out", especially when they think that they are supertraders and this fear will drive them into huge losses in future markets.

I believe that I do understand the markets, but then I have traded through many periods of volatility and I have suffered the hard knocks. I hope that you do not have to suffer the hard knocks that most traders have, but I think that you probably will.

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I have not seen any evidence of bears taking short positions in this rally.

You state that I have missed out. That is the difference between you and I. You see, I don't feel that I have missed out on anything. I am happy that I do not suffer from this fear of "missing out", because that is exactly what drives traders to make losses.

Very true & like LB said....which I very much agree with....

Those that understand these things deeply can do very well, but that isn't me. I employ methods many coudn't or wouldn't do, but it works for me, in any kind of market. Everyone's got a different skill set and comfort level.

That aside I am very interested in watching these days. Not with investing in mind but I want to see what happens as we approach the 50% retrace area of 10,334

Just out of curiosity

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With regards to your comment of Gold you forget that some of us are not invested in gold but instead hedged in it.

We do not so much watch for gold to rise forever but we do not see any reason yet for the dollar in which it is priced

( for some of us) to stop falling anytime soon. Sure it will kick a few times like anything that has its head severed from its body but that does not mean it will regain any of its former self.

you are an exception Flying and i am well aware that you use gold as a hedge. most other goldbugs (not all of them) dream of huge profits.

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So many Bears getting reamed right now.. Still see no signs of bull trend completion myself... Letting it run....

Actually, you don't understand how the markets work. No bears are getting reamed, because the bears are waiting for the right time to enter the market. The big question is whether or not the bulls have the sense to quit when the market does move down.

no he is right, bears getting reamed no matter how you look at it. Trust me all the way up bears took short positions = reamed

missed the rally = reamed

may miss the totall recovery = reamed x a very large bull ouch!!!

Now the bulls. No reaming massive gains and can swap suits on a click of a mouse LOL! Loong You can only pray to the market gods.

Reality you missed out. I wonder if you really understand the markets?

I have not seen any evidence of bears taking short positions in this rally.

You state that I have missed out. That is the difference between you and I. You see, I don't feel that I have missed out on anything. I am happy that I do not suffer from this fear of "missing out", because that is exactly what drives traders to make losses.

Many people do suffer from this fear of "missing out", especially when they think that they are supertraders and this fear will drive them into huge losses in future markets.

I believe that I do understand the markets, but then I have traded through many periods of volatility and I have suffered the hard knocks. I hope that you do not have to suffer the hard knocks that most traders have, but I think that you probably will.

yes point taken, But really loong I have been told this 936 times in the last 12 months. Its a bears morale duty to create fear. I would have exited at 7500, 8500, 9500 , 10000 if I had of listened. I didnt listen and at some stage you will be right, maybe if we break 10,000 or maybe at 14000 but gee I would have hated wasting the last 9 months. Incredible opportunity Loong, increadable but fear drives all men to some degree , some more than others..

A lot were burnt badly and are just plain scared stiff, understandably. You dont think anyone went short in the rally, you must be kidding right? In that case we should be at 15,000 already :)

p.s I have been taking money off the table a pleasurable experience :D

Edited by zorro1
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