Search results

  1. R

    market sure seems to be immune to any bad news

    I think we need to be clear on something. It is not the goal of our country or our government to allow chaos to take form so that a few shorts, sitting in front of a tube, can make some money. Our goal (most of us who voted for Obama and McCain), is to provide an orderly process to get ourselves...
  2. R

    market sure seems to be immune to any bad news

    I don't think it is the government. Booms and busts can be traced back hundreds if not thousands of years. There are scammers in this world and there are scammees. Scammees think that they can make a fortune buying tulips. Scammers, work out a Ponzi scheme to feed this dream. When the house of...
  3. R

    market sure seems to be immune to any bad news

    I think all shorts may want to consider that the bias for the next several months is going to be up. I don't want to discourage shorts, because they do provide lots of liquidity and good pricing for longs like myself, but there is lots of money sitting in Treasuries at 0%, that will surely move...
  4. R

    Legg Mason says bottom is in

    Not so huge. My ex pulled out money from her financial planner because he was a joke, and now she is steadily plowing back the money in a more constructive manner. In the meantime it is sitting in cash, but it will all get back into the market. This is one of the reasons, it appears that the...
  5. R

    Legg Mason says bottom is in

    Yes, some hedge funds have blocked redemptions. But it is all a temporary dislocation. All of those redemptions must find their way back into some allocation class. Hedge funds were about a 10% allocation class. Probably go down to 5%. But all of the money will find its way back into equities or...
  6. R

    Legg Mason says bottom is in

    Probably not. Redemptions are over for the time being. This huge cache of money, sitting in short-term Treasuries will (must) find its way back into equities over the coming months. On top of this, the government will be spending hundreds of billions of dollars, not to mention the hundreds of...
  7. R

    Another $2 Trillion Leaves The Consumption Market

    I agree that most of the decrease will come from unused credit lines. I personally have lots, that I never asked for and the banks can take back if they want. The banks need to shore up their own leveraging and this is one fast way to do it. They'll also tighten up on any user who has been...
  8. R

    Rumours: GM considering bankrupcy tonight?

    A more sober article on the subject. WSJ GM Article
  9. R

    rumour leading to yesterday's selloff

    Yep, the whole investing community is squeaky clean. Actually, reminds me of online poker. No conspiracy at all. All above board and squeaky clean. lol. :-) I told all of my friends that they were sheep being led to slaughter. No one listened. That was before they lost 50% of their life...
  10. R

    rumour leading to yesterday's selloff

    Sort of like this thread. People who follow the industry knew that the hedgies were selling in October, and November. But, why is this news coming out now, in the mass media? Well, the hedgies just get one of their ilk to let the news out now, hoping to scare up some panic selling, so they can...
  11. R

    rumour leading to yesterday's selloff

    Yes, I am doing fine, since I know about these scoundrels and how they love to prey on people who are just trying to earn an honest living, and have some money in their 401Ks so that they can enjoy a relatively peaceful retirement.
  12. R

    rumour leading to yesterday's selloff

    Yes, I agree. Governmental deregulation certainly allowed the wolves to go wild. Interesting, the wolves got away with it, as the top 1% of our population owned a greater percentage of wealth than anytime in our history - surpassing even the period before the Great Depression and the 1929 crash...
  13. R

    rumour leading to yesterday's selloff

    I don't think it is wise to draw a straight line down based upon old data. Going forward, we have to consider macro trends that will reverse these historical trends, e.g. 1) Gasoline is now selling for less than half of what it was selling a few months ago. I heard an estimate that each...
  14. R

    rumour leading to yesterday's selloff

    Who said equity based hedge funds? Hedge funds use all kinds of leveraging techniques. However, for the gross numbers: "The amount of gross leverage used by hedge funds fell to 142% of assets from 175% in 2006 and 2007, Bloomberg News reported. Hedge funds have raised their cash holdings to...
  15. R

    rumour leading to yesterday's selloff

    It is well known that most hedge funds require a 45 day redemption notice. However, some less and some more. In anticipation of these redemptions, hedge began to sell heavily in October, and it continued with renewed velocity in November. There is no one set schedule. It varies with individual...
  16. R

    rumour leading to yesterday's selloff

    It is true that Clinton and Democrats mucked with lending standards to advance agendas. However, what happened under Clinton was microscopic compared to the leveraging mayhem that followed under the Bush administration which completely dismantled and neutered every type of regulation there was...
  17. R

    UBS make ridiculous market prediction

    If someone is able to take advantage of counter trend moves, the of course they should trade both ways. I certainly would. But, for myself, I have found it is less stressful, and just as profitable to stay with the trend. Either buy-sell on swings, or just buy on dips for longer trends. It is...
  18. R

    UBS make ridiculous market prediction

    I am talking about trading also. Underlying long term cycles do affect the bottoms and tops of short term cycles - whether they be hourly, daily, weekly .... I much rather trade with trend. Of course, there is always the possibility of trading against trend - but as I said, I then have to also...
  19. R

    UBS make ridiculous market prediction

    I think it does matter. Underlying longer term trends certainly bias shorter trends. I would rather trade with longer trends than against them - but of course, I am stress adverse. Health matters to me as much as profits - actually more. :-)
  20. R

    UBS make ridiculous market prediction

    I agree. It is far more probable, given monetary and fiscal policy, that the next big move is up rather than down. 13000 seems very optimistic - but I will take it if it comes. :-)
Back
Top