Recent content by Incognitus

The problem with the stock market, is that thousands, millions, of people play it. And the tail ends of the return distributions produce these incredible stories, even out of pure luck. And then, thousands, millions of other people play the market in a way as to try and replicate the same...

If it's a quoted closed mutual fund, it's a share as anything else.

Many here are seeking the holy grail. Now, I believe there IS a strategy that, over the years, can only make money. The only trouble being that it ties up a lot of capital. It goes like this: 1) Find 10-20 closed end "average" mutual funds. Short them in equal parts. 2) Go long the same...

Yep ... after a while you won't be adding to the investment trust at all (if things go alright) so you can do straight % returns on it (if you do withdrawals, then simply add them back in).

There's no "shorting them", none of them have available shares to short except TBUS, and that might only mean TBUS will go higher ... ehehe.

Baruch, these stocks know it's you buying ... the minute you buy their go into dive mode...eheheh ALL of these stocks will be lower in 1 year, that's pretty impressive.

Do a search on Google for "Time Weighted Return", it's the closest thing to the truth you can get.

I'm not a naysayer, and it IS a bubble, or do you think stocks shoot up like that on no reason except euphoria? Hey, remember do remember to sell, cause in due time those stocks (IPIX and MAGS) WILL be at the point they started out. I don't have a position in any of them, and don't think...

It's not so much the return of the daytraders, but the return of complete disregard for what a company might be worth that is amazing. Of course, the endgame will be the same.

Bill's riding a freakin' bubble. He had 2 things to have that sucess: 1) Balls; 2) Luck. Don't try to make it a system. If you want to backtest it, check what happened in 2000-2002, that's all the backtesting you need. It's a bubble, a pyramid, the musical chairs, etc, etc. I mean, look...

I wouldn't be surprised if this is all an organized corner going on here, taking into account that the thing started from a very low base (where accumulating almost all of the float wouldn't have been hard or costly).

Yes, and it happens almost every day.

200k or so.

It's well known that this sheet continues to happen on a daily basis. Indeed, many of the incomprehensible upgrades/downgrades are also part of this sheet. But whoever throws himself into a stock just because he sees it moving MUST be ready to lose is ass there, and shouldn't be given any...