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    People never learn until they blow up their account.

    The O.P. if an honest accounting was done would be one of the casualties. Part of the crowd that calls a bottom every day, then does a "see I told you so" after all the swing and misses.
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    Trump is making a big mistake?

    It's the ultimate catch 22 at this point.
  3. F

    Trump is making a big mistake?

    He is desperate to autograph another Dow chart.
  4. F

    Market Hype Headlines 2020

    Hat tip to @ECantoni for archiving all of these gems. A look at the hyperbolic headlines in the weeks leading to the February highs:
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    We found the cure, guys... Spy 350 by end April here...

    Those are pesky details to the bagholders. This decline has been so razor sharp without any of the typical BTFD hijinks that the wind at your back crowd comes up with even more outlandish upside projections every 5% lower. Let's see. SPY 350 by end of April...57% rally in a month! Woo hoo, I...
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    We found the cure, guys... Spy 350 by end April here...

    Bookmark the all-in call from last week and a few hundred SPX points higher as well. These guys just pretend that 10-12% drops prior to any upside can be ignored. Of course, it's all monopoly money anyways.
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    ‘Can’t Even Give It Away’: Gasoline at $1 Is Warning for Economy

    Agreed. It might have been a positive before our hyper financialized economy, but look at the current fallout from these low oil prices-the entire energy sector is in collapse (along with their debt). How many jobs will be shed from that sector alone? Nevermind the knock-on effects or the...
  8. F

    Garbage

    And "said garbage" wasn't a driving force towards herding retail investors into this market at artificially induced highs prior to the collapse? My point is that these are merely two sides to the same coin. The media is in the business of lying.
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    Garbage

    Except this has been going on for decades, not simply the "past few weeks". I could post dozens upon dozens of financial articles from 2,3,6 months ago that were equally inane.
  10. F

    ‘Can’t Even Give It Away’: Gasoline at $1 Is Warning for Economy

    The economic damage required to get those gas prices down to where we are today more than offset the marginal savings that the consumer sees at the pump.
  11. F

    ES Journal - 2019/2020

    The entire fallacy with "I'll buy it when it drops 30-40-50%" is that the economy implodes at a similar pace. This forum is filled with bulls who seem to ignore the latter.
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    The S&P 500’s Bull Market Started 11 Years Ago Today. Here’s How Far It Needs to Fall for It to End

    Never wrong on the way down, but they'll claim ownership of any up day (no matter if it's reversed a day later). Orange Man's infamous autographed chart of the Dow 2 weeks ago was glorious. They are narcissists-the entire lot of them.
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    ES Journal - 2019/2020

    Another "hard floor" for Humpty Dumpty to get excited about. Hey, it lasted 4 minutes this time before limit down.
  14. F

    Buy when everyone is fearful...

    And it was at $140 just over a year ago...
  15. F

    this is a bear market for 10 years.

    TSX took out 4 years in 4 weeks, down 37%. He might get one of the bottom calls right, but judging by his comments last month he certainly didn't exit any position. So even if one were to nail the low in 2016, without a stop out level, give back 4 years in 4 weeks.
  16. F

    ES Journal - 2019/2020

    I've known quite a few former "permabears" who were so burned in the aftermath of 2009, that they never shorted the market again. A weekly/monthly chart tells the story (until a month ago really). This sort of permanent bullish bias makes one believe that no matter how much it sells off, no...
  17. F

    this is a bear market for 10 years.

    I knew several that were within days of calling this top (not me btw, I just recognize talent).
  18. F

    this is a bear market for 10 years.

    Hey Schizo, I noticed how much grief S2007's stalker was giving you, so I compiled a "Greatest Hits" from the month of February:
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