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I think the majority of the claims coming out of Beau are hypothetical. Nonetheless, I have to give him credit for correctly calling this mini market plunge. Will it last? Time will tell.

Beau, do you posess the ability to give advice without being a narcissistic, condescending little prick?

Don't forget the number 11. 7-11 is Beau's next place of employment.

Chest must be getting rather sore, Beau. So far so good. Well done! :D

LOL!

I am picturing Grand whipping down a hill with his tricycle with a bear and a bull stuffed toy attached to the wheel ...... Can't you see it? Bear...Bull...Bear...Bulll...Bear...Bulll...Bear...Bulll...Bear...Bulll...Bear...Bulll...

Yes, I too am smart enough to read a five minute chart. :p

My last message looks almost like I was insulting Nine_Ender. Nine_Ender, my negative comment was actually directed at Beau.

A trader definitely doesn't need Beau's sensationalist doom economics to be successful. Yup! See the above mentioned "investor", Mr BowWow.

"How long before this unmannered and unpleasant "quant" (I can barely type between laughs), Bowo, is flipping burgers? Not long after any of his "clients" (or more likely their concerned relatives) with normal IQs type "Beau Wolinsky" into Google..."...

There is no doubt in my mind that your head and your ego are in the stars.

So you expect the euro to collapse causing the USD to surge, and you think on top of that there will soon be significantly higher interest rates further accelerating the value of the USD. You sir, are a dreamer!

Asshole! :D An Asshole with a heart? Shocking! :D

Human psychology. I've seen this over and over again. The time to get in isn't when everybody is positive about the market - that's when you get out. Get in when everybody is afraid. Anyhow, it doesn't really matter to me. I'm trying to learn how to trade the market as it is today without...

I too was bearish in 2007. Everybody is bearish now. That's why I'm bullish.:p

I agree. Beau, thanks for the "long" entry point at 2284. Pulled 14 pips out of that. I know, tiny and pointless to you, but on $4500 odd dollars of equity, $14*6 = 84$ was a nice little bonus, at a time that I am taking losses as I cost average down on XAU/USD ( Average buy: $1675 ).

He's trading on fear. If you read back on his posting history, you will see that he completely misread the beginning of the 2008/2009 recession. He's afraid he's going to get it wrong again.

Very true. I'm sure Beau is pounding his chest after today's sell-off. Good for you Beau. You definately won this battle. Actually, I am profiting too, not because of a longer term projection of where the markets are headed, but because I traded today's trend.

I watched my own country, Canada, go through worse, relatively speaking, debt problems then those currently being experienced by the USA and Europe. It took only a few years to turn a large deficit into a surplus. Canada experienced only a relatively minor recession in 2008/2009 and...

Nobody wants the planet to go into another depression. All the major powers around the world are going to do everything they can to stop this negative result. You might be very surprised to see how healthy the world economy will be 5 years from now. In the meantime, I am doing everything I...