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How Jim Simons became the most successful investor of all time economist.com Nov. 14th, 2019 The Man Who Solved The Market. Gregory Zuckerman. Penguin Random House; 359 pages; $30 THE BEST investors’ strategies often sound simple. “Whether it’s socks or stocks, I like buying quality...

So you've never heard of RenTech or Jim Simons? Geezus, where the hell you been the last 30 years? :rolleyes:

I agree. We're almost there. They're gonna turn the table upside down...BUT only when everyone least expect it (ie. blinded by euphoria). That's what happened back in 2000 and 2007. So just sit back and enjoy the show. :)

Well, for me, the chart says otherwise. As you can see, we bounced off the lower trendline yesterday. By Friday, we should hit the upper dotted line, which MOST PROBABALY will coincide with 5100 (actually, I'm pretty damn sure it will be).

Up, and another up, ending the week with another ATH.

My point was that it ain't gonna happen. People are addicted to shopping (at least here in the US). You think they can kick the habit cold turkey? Nah. They would rather collect more debt than stop shopping. And most of those they buy are not even essential items. They can live without all that...

Great idea, just like telling kids not to eat candies.

No, I don't follow earnings call. But I find what the CEO said a little hypocritical. I shop at Costco for pretty much everything. Since 2020, prices at Costco went up quite dramatically, not to mention the size shrank for most of the products. What's more irritating is they've consistently...

No dude. What we're seeing at the moment is not a lack of competition, but tacit collusion among companies.

Just look at the difference between CPI and PPI. One is rising while the other is falling. What does this tell you? Companies are getting rich at the expense of the consumers. CPI (MoM) PPI (MoM)

Thanks. But just another lucky day for me. :) You, on the other hand, really nailed it with your 5100 call. Way to go. :thumbsup:

Out 57.50 +17

Long 40.75 SL 34

Out 58

Long 50 SL 44

That's why Powell & Co. needs to cut rates sooner at even pace rather than later in a knee jerk reaction. BTW S&P sold off more than 1.3% as I type. This could be just the tip of the iceberg.

What is this fool saying?

Did ya all get yer 100 handles? :wtf: ;)

I hope you remember my posts about Powell not raising the interest rates fast enough to tame the inflation back in 2020. I'm pretty much repeating myself, only in the opposite direction. Powell is, to say the least, too damn timid.

This is the best thing you've ever said on this board. :D BTW I love Ozzy. Now let's go bark at the moon.