midas Posted December 3, 2010 Share Posted December 3, 2010 BWAHAHAHAHAHA See you at 12,000 Midas touch I wouldn’t get too carried away before we all see what happens next Tuesday a World-Wide Bank Run on 7th Dec. http://community.u2.com/topic/20480 Link to comment Share on other sites More sharing options...
Naam Posted December 3, 2010 Share Posted December 3, 2010 I wouldn’t get too carried away before we all see what happens next Tuesday a World-Wide Bank Run on 7th Dec. http://community.u2.com/topic/20480 Link to comment Share on other sites More sharing options...
midas Posted December 3, 2010 Share Posted December 3, 2010 I wouldn’t get too carried away before we all see what happens next Tuesday a World-Wide Bank Run on 7th Dec. http://community.u2.com/topic/20480 Link to comment Share on other sites More sharing options...
zorro1 Posted December 5, 2010 Author Share Posted December 5, 2010 I wouldn’t get too carried away before we all see what happens next Tuesday a World-Wide Bank Run on 7th Dec. http://community.u2.com/topic/20480 Midas the only great depression around here is you. If you are real a good place to start is here in the T.V community, lots helpful links. take a break from posting, the mods will ban you if you request it for 4 weeks or so. Good luck ZoRRo Link to comment Share on other sites More sharing options...
Parvis Posted December 5, 2010 Share Posted December 5, 2010 (edited) There have been constant predictions of a bleak future throughout history by some "sages" with large following - but they have not come true. Seems that the human mind - for so many - is programed to have negative thoughts rather than positive - or - perhaps we are truly a product of our immediate environment. Practice rational optimism. Edited December 5, 2010 by Parvis Link to comment Share on other sites More sharing options...
midas Posted December 6, 2010 Share Posted December 6, 2010 There have been constant predictions of a bleak future throughout history by some "sages" with large following - but they have not come true. Seems that the human mind - for so many - is programed to have negative thoughts rather than positive - or - perhaps we are truly a product of our immediate environment. Practice rational optimism. " Truth does not do as much good in the world as the semblance of truth does evil. " Duc de La Rochefoucauld Link to comment Share on other sites More sharing options...
badge Posted December 6, 2010 Share Posted December 6, 2010 (edited) [...] Not only did the FTSE have the 'legs', it surpassed the previous YTD high, by almost 1.5%. I sadly had a sell signal come in a tad early and ended up getting stopped out for 0.8%, however I caught the ESX high - 2900 - almost spot on and am thus now looking at possible buy signals, although general market conditions may offer an inclination to ignore any imminent signals, unless only for scalping purposes. 5537 shows for FTSE and 2683 on ESX, both cash, and thereafter 5507ish and 2650ish look to wind up likely signals, respectively. Markets can turn anywhere. The first set of Buy signals above were ignored as motioned, and FTSE has since reversed up 265pts/4.8% from a low of 5518; 9pts/0.18% above the cited signal price(from a Buy signal actually shown at 5509). ESX has since reversed up 162pts/6.1% from a low of 2634; an uncharacteristically ugly dozen pts/0.6% below the cited signal price(from a Buy signal actually shown at 2646). As ever, ones own management of risk and trading preferences also play a part. Whilst in the very short term(hours/days) a bit more weakness may ensue, Im not yet recording Sell signals, for my sins perhaps. Edited December 6, 2010 by badge Link to comment Share on other sites More sharing options...
BlackJack Posted December 7, 2010 Share Posted December 7, 2010 i slept in did i miss the bank run? Link to comment Share on other sites More sharing options...
lannarebirth Posted December 7, 2010 Share Posted December 7, 2010 (edited) i slept in did i miss the bank run? They say "Don't Fight The Fed". http://quantifiablee...w-high-and.html Edited December 7, 2010 by lannarebirth Link to comment Share on other sites More sharing options...
midas Posted December 7, 2010 Share Posted December 7, 2010 There have been constant predictions of a bleak future throughout history by some "sages" with large following - but they have not come true. Seems that the human mind - for so many - is programed to have negative thoughts rather than positive - or - perhaps we are truly a product of our immediate environment. Practice rational optimism. is that when you are sober or otherwise ? WARNING: THE FOLLOWING PRESENTATION IS CONTROVERSIAL AND MAY BE OFFENSIVE TO SOME AUDIENCES. Viewer discretion is advised. http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSILC08/PR Link to comment Share on other sites More sharing options...
siamamerican Posted December 8, 2010 Share Posted December 8, 2010 (edited) is that when you are sober or otherwise ? WARNING: THE FOLLOWING PRESENTATION IS CONTROVERSIAL AND MAY BE OFFENSIVE TO SOME AUDIENCES. Viewer discretion is advised. http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSILC08/PR Can someone make him go away. At least until the next "crisis" which is inevitably getting closer as I type. He fails to grasp simple logic and offers only silly comments and links to mysterious articles. We all get that if you keep claiming collapse something eventually will collapse and you can tell us all you told us. Give it up already. There should be a rule. If you spew crap 99% of the time, then it at least needs to have some humor or for that matter anything of interest. His posts are void of everything but... Edited December 8, 2010 by siamamerican Link to comment Share on other sites More sharing options...
flying Posted December 8, 2010 Share Posted December 8, 2010 Actually while it is obvious that the markets have done well in the sea of liquidity provided by BSB & crew ...... There is quite a similarity to the last great crisis & with all that is involved this one arguably has more potential. But that aside it is quite similar in reaction thus far isnt it? just saying ( not to say folks cannot make $$ off it ) Link to comment Share on other sites More sharing options...
midas Posted December 8, 2010 Share Posted December 8, 2010 is that when you are sober or otherwise ? WARNING: THE FOLLOWING PRESENTATION IS CONTROVERSIAL AND MAY BE OFFENSIVE TO SOME AUDIENCES. Viewer discretion is advised. http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSILC08/PR Can someone make him go away. At least until the next "crisis" which is inevitably getting closer as I type. He fails to grasp simple logic and offers only silly comments and links to mysterious articles. We all get that if you keep claiming collapse something eventually will collapse and you can tell us all you told us. Give it up already. There should be a rule. If you spew crap 99% of the time, then it at least needs to have some humor or for that matter anything of interest. His posts are void of everything but... “Delay is the deadliest form of denial.” Siam like I asked you earlier.....when are they going to start paying off the debts ? Link to comment Share on other sites More sharing options...
AnnyLing Posted December 8, 2010 Share Posted December 8, 2010 i slept in did i miss the bank run? My husband wanted to withdraw 10,000,000 Baht. The bank refused and claimed we do not have that kind of money. Now he is planning to beat up Midas because of his misleading information. Link to comment Share on other sites More sharing options...
AnnyLing Posted December 8, 2010 Share Posted December 8, 2010 is that when you are sober or otherwise ? WARNING: THE FOLLOWING PRESENTATION IS CONTROVERSIAL AND MAY BE OFFENSIVE TO SOME AUDIENCES. Viewer discretion is advised. http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSILC08/PR Can someone make him go away. At least until the next "crisis" which is inevitably getting closer as I type. He fails to grasp simple logic and offers only silly comments and links to mysterious articles. We all get that if you keep claiming collapse something eventually will collapse and you can tell us all you told us. Give it up already. There should be a rule. If you spew crap 99% of the time, then it at least needs to have some humor or for that matter anything of interest. His posts are void of everything but... You have to admit that Midas is very good in finding mysterious articles! Link to comment Share on other sites More sharing options...
AnnyLing Posted December 8, 2010 Share Posted December 8, 2010 Footballer-inspired mass withdrawal plan falls flat as banks across France report no extra demand at cashpoints. Link to comment Share on other sites More sharing options...
siamamerican Posted December 8, 2010 Share Posted December 8, 2010 Actually while it is obvious that the markets have done well in the sea of liquidity provided by BSB & crew ...... There is quite a similarity to the last great crisis & with all that is involved this one arguably has more potential. But that aside it is quite similar in reaction thus far isnt it? just saying ( not to say folks cannot make $$ off it ) You posted this silly graph months ago. Might have been Midas. What are you trying to say: "With all that is involved this one arguably has more potential". I assume you are saying more potential as in a greater upside. Because the market performed very well after your self proclaimed crisis in the early 40's. You wouldn't be trying to make a point by looking at 2 years of poor performance in the early 40's and ignore the next 4 years, 10 years, 30 years,... or would you? Flying the market will plummet again someday and we all realize your wisdom. Over the last 50 years a huge market correction has happens about every 5 years so the odds are getting better every day. You're beating a dead horse and it is tiresome. Also, the above graph looks familiar to the periods starting in 1959, 1965, 1973... Shiitt happens and always will. Link to comment Share on other sites More sharing options...
midas Posted December 8, 2010 Share Posted December 8, 2010 Actually while it is obvious that the markets have done well in the sea of liquidity provided by BSB & crew ...... There is quite a similarity to the last great crisis & with all that is involved this one arguably has more potential. But that aside it is quite similar in reaction thus far isnt it? just saying ( not to say folks cannot make $$ off it ) You posted this silly graph months ago. Might have been Midas. What are you trying to say: "With all that is involved this one arguably has more potential". I assume you are saying more potential as in a greater upside. Because the market performed very well after your self proclaimed crisis in the early 40's. You wouldn't be trying to make a point by looking at 2 years of poor performance in the early 40's and ignore the next 4 years, 10 years, 30 years,... or would you? Flying the market will plummet again someday and we all realize your wisdom. Over the last 50 years a huge market correction has happens about every 5 years so the odds are getting better every day. You're beating a dead horse and it is tiresome. Also, the above graph looks familiar to the periods starting in 1959, 1965, 1973... Shiitt happens and always will. But you cannot possibly compare now with 1959, 1965, 1973..? The two main “ problems “ from the 2008 crisis and which remain very much unresolved were not even around in 1959, 1965, 1973 ? The first credit default swap was only introduced in 1995 by JP Morgan and collateralised mortgage obligations (CMO’s) were only introduced in mid 2005 So I think this time it is safe to say you should prepare for even bigger shit to happen Link to comment Share on other sites More sharing options...
siamamerican Posted December 8, 2010 Share Posted December 8, 2010 Actually while it is obvious that the markets have done well in the sea of liquidity provided by BSB & crew ...... There is quite a similarity to the last great crisis & with all that is involved this one arguably has more potential. But that aside it is quite similar in reaction thus far isnt it? just saying ( not to say folks cannot make $$ off it ) You posted this silly graph months ago. Might have been Midas. What are you trying to say: "With all that is involved this one arguably has more potential". I assume you are saying more potential as in a greater upside. Because the market performed very well after your self proclaimed crisis in the early 40's. You wouldn't be trying to make a point by looking at 2 years of poor performance in the early 40's and ignore the next 4 years, 10 years, 30 years,... or would you? Flying the market will plummet again someday and we all realize your wisdom. Over the last 50 years a huge market correction has happens about every 5 years so the odds are getting better every day. You're beating a dead horse and it is tiresome. Also, the above graph looks familiar to the periods starting in 1959, 1965, 1973... Shiitt happens and always will. But you cannot possibly compare now with 1959, 1965, 1973..? The two main “ problems “ from the 2008 crisis and which remain very much unresolved were not even around in 1959, 1965, 1973 ? The first credit default swap was only introduced in 1995 by JP Morgan and collateralised mortgage obligations (CMO’s) were only introduced in mid 2005 So I think this time it is safe to say you should prepare for even bigger shit to happen He is losing his mind. It's actually fun to watch. Link to comment Share on other sites More sharing options...
flying Posted December 8, 2010 Share Posted December 8, 2010 (edited) What are you trying to say: "With all that is involved this one arguably has more potential". I assume you are saying more potential as in a greater upside Actually I did not mean upside potential as you said. What I meant was more debt creation But....No worries carry on Edited December 8, 2010 by flying Link to comment Share on other sites More sharing options...
ronz28 Posted December 18, 2010 Share Posted December 18, 2010 I also really dislike the current government debt creation and believe it will come back to bite us hard. However, regardless of the political realities, I try to be long in the market when the 5 day moving average is going up and out when it is going down because my past shorting record has not been good. Because of traditional money flow patterns, I also consider the day of the month and the historical performance of the month we are in. I chew my fingernails when the market is choppy. Link to comment Share on other sites More sharing options...
lannarebirth Posted December 18, 2010 Share Posted December 18, 2010 I also really dislike the current government debt creation and believe it will come back to bite us hard. However, regardless of the political realities, I try to be long in the market when the 5 day moving average is going up and out when it is going down because my past shorting record has not been good. Because of traditional money flow patterns, I also consider the day of the month and the historical performance of the month we are in. I chew my fingernails when the market is choppy. Nothing to worry about. http://www.youtube.com/watch?v=jllJ-HeErjU Link to comment Share on other sites More sharing options...
flying Posted December 18, 2010 Share Posted December 18, 2010 Nothing to worry about. :lol: Link to comment Share on other sites More sharing options...
lannarebirth Posted December 23, 2010 Share Posted December 23, 2010 Anyone seen higher than this? I don't think I have. http://www.aaii.com/sentimentsurvey Link to comment Share on other sites More sharing options...
zorro1 Posted December 23, 2010 Author Share Posted December 23, 2010 Actually while it is obvious that the markets have done well in the sea of liquidity provided by BSB & crew ...... There is quite a similarity to the last great crisis & with all that is involved this one arguably has more potential. But that aside it is quite similar in reaction thus far isnt it? just saying ( not to say folks cannot make $$ off it ) You posted this silly graph months ago. Might have been Midas. What are you trying to say: "With all that is involved this one arguably has more potential". I assume you are saying more potential as in a greater upside. Because the market performed very well after your self proclaimed crisis in the early 40's. You wouldn't be trying to make a point by looking at 2 years of poor performance in the early 40's and ignore the next 4 years, 10 years, 30 years,... or would you? Flying the market will plummet again someday and we all realize your wisdom. Over the last 50 years a huge market correction has happens about every 5 years so the odds are getting better every day. You're beating a dead horse and it is tiresome. Also, the above graph looks familiar to the periods starting in 1959, 1965, 1973... Shiitt happens and always will. But you cannot possibly compare now with 1959, 1965, 1973..? The two main “ problems “ from the 2008 crisis and which remain very much unresolved were not even around in 1959, 1965, 1973 ? The first credit default swap was only introduced in 1995 by JP Morgan and collateralised mortgage obligations (CMO’s) were only introduced in mid 2005 So I think this time it is safe to say you should prepare for even bigger shit to happen He is losing his mind. It's actually fun to watch. I have spoken to George and There is strong consideration being given to Midas posting instability. Will keep you all updated. Link to comment Share on other sites More sharing options...
BlackJack Posted December 24, 2010 Share Posted December 24, 2010 all the doom and gloom scenarios are pointing to gold and silver rises then why did both fall? har har Link to comment Share on other sites More sharing options...
Parvis Posted December 24, 2010 Share Posted December 24, 2010 I have spoken to George and There is strong consideration being given to Midas posting instability. Will keep you all updated. Shortly - I see a smiling Midas - in my Crystal Ball - at least temporarily. Link to comment Share on other sites More sharing options...
zorro1 Posted December 24, 2010 Author Share Posted December 24, 2010 George is my next door neighbor He agrees that Midas is not a stable person. Update complete. Link to comment Share on other sites More sharing options...
Naam Posted December 24, 2010 Share Posted December 24, 2010 all the doom and gloom scenarios are pointing to gold and silver rises then why did both fall? har har your "har har" is not justified BJ. our postings are dated june 29 / july 2 when gold fell from 1261 to 1201. if any asset falls 5% in three trading days i consider that as something worthwhile to watch! Link to comment Share on other sites More sharing options...
BlackJack Posted January 3, 2011 Share Posted January 3, 2011 all the doom and gloom scenarios are pointing to gold and silver rises then why did both fall? har har your "har har" is not justified BJ. our postings are dated june 29 / july 2 when gold fell from 1261 to 1201. if any asset falls 5% in three trading days i consider that as something worthwhile to watch! har har short term thinking trading gold up silver up more to come now JP is out of the silver market and trying to corner the copper market anyway I know you were out buying gold in the side good luck to all for 2011 Link to comment Share on other sites More sharing options...
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