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    Official China Turd Index: Sucker's Sixteen

    The turd index is up $771.00 or 1.13% at the close from where I initiated with a STRONG SELL rating. Symbol Last Trade Change Shrs Price Paid Gain - - 44.13 100 4,426.00$4,426.00 CHNR 4:00PM ET 44.26 Up 5.01 100 44.13 13.00Up $13.00 Up 0.29% - - 11.78 400 4,466.40$4,466.40 CSUN 4:00PM ET...
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    Official China Turd Index: Sucker's Sixteen

    I've made a portfolio of the China Turd Index, with up to $5000 for each stock, rounded down to the nearest 100 shares. Here are the results at 2:45 pm EST. Symbol Last Trade Change Shrs Price Paid Gain - - 44.13 100 4,433.80$4,433.80 CHNR 2:46PM ET 44.27 Up 5.02 100 44.13 20.80Up $14.00 Up...
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    Official China Turd Index: Sucker's Sixteen

    Yeah, definitely hard to short these stocks, ver difficult to borrow. I see the frenzied action and in the short term(1 day to 2 weeks), I think its a top. In the medium term (2 weeks-3 month time frame), these daytrader play things could go higher, but could also go much lower. In the long...
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    Official China Turd Index: Sucker's Sixteen

    I think its going to turn a lot more negative soon.
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    Official China Turd Index: Sucker's Sixteen

    Ok, by popular demand, I have started the China Turd Index. They will include 16 Chinese stocks which have gone up solely based on momentum with crappy fundamentals and absurd valuations. Here are the Sucker's Sixteen and the price as of ~1:45 pm EST October 4 2007: CHNR 44.13 CSUN...
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    China stocks are toppy here

    All you do is hound people on message boards. Why??? Get a life and learn to trade instead of criticizing others.
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    China stocks are toppy here

    CHNR, SCON, CTDC, CSUN, JRJC, KONG, RCH, CPSL, CDS, CBAK, etc..... There are tons of them that bubbled up because they were China stocks, not because the fundamentals changed. Most are garbage stocks.
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    China stocks are toppy here

    There is a difference between China stocks that daytraders are all over and the bigger cap stocks that trade on the Hang Seng and the Shanghai exchanges. I am calling a top on the crap that has gone up 200-400% in a few days on pure China fever. Absolutely braindead buying, I am sure the adept...
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    China stocks are toppy here

    I hate to call a top on a bubble, but these China stocks that daytraders are all over are tremendously overbought and the fundamentals on most of these stocks are horrible. The best Chinese stocks aren't daytrader stocks and don't move much, its really the worst Chinese stocks that are running...
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    Fox Biz Website is live

    If Alexis Glick comes out in a bikini, I think they will overtake CNBC.
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    “Way of the Turtle”

    Trend following doesn't work well these days, it was a strategy doomed to fail once Richard Dennis and the Turtles became famous and he had disciples doing the exact same thing. Look at Dunn Capital, they have been nearly destroyed in the past couple years in trend following and they lost...
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    How many of the Elite are short?

    Tell that to Niederhoffer. LOL.
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    Urgent Message From Rennick

    ROFLMAO!!!!! Excellent material. I think this needs to be nominated for the post of year category.
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    Computer running at 100% CPU Usage and not sure why

    Definitely not an internet connection problem, internet connection has no relation with CPU usage.
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    Stocks Surge on Rate Cut Hopes

    The market is adjusting to the new Fed, I thought Greenspan was easy, but Bernanke is a friggin money whore. LOL He's never met a helicopter he didn't like. He might cut 50 bp on Halloween, trick or treat!!!!!!!!!!
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    Did Niederhoffer Lie To Baron?

    Don't you mean August expiration? The options expiration in July was fairly uneventful and the S&P was still above 1500, I don't think even Vic could have blown up then with those 15,000 S&P 500 puts.
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    I blew up this morning. But I feel fine.

    Being down 10% is blowing up? That's an ultra conservative definition of blowing up. I figured you would have had to lose at least half your money to consider it blowing up....
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    Faber sees bull run ending as recession looms for US

    Because the TIPS is priced off of the CPI, not real inflation. That's why. If the TIPS was actually priced off of real inflation, it would be a totally different story and you could actually hedge your inflation risk with it, now its merely a government playtoy because the government...
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    This bull mkt ends with China's bubble

    The P/E for the Shanghai index is about 60, I don't know what the PEG is. But I know earnings growth is NOT 60% a year for that index.
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    This bull mkt ends with China's bubble

    China's not the bubble, the Chinese stock market is the bubble.
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