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Does he stay quiet even when his short puts blow up every few years? Impressive, the man must have great self control :)

Take a look at this: http://www.businessinsider.com/dubais-burj-al-arab-hotel-has-gold-ipads-2013-5 C'mon. This - surely THIS - must signal an all time market top? :D

Buying the dips was what all the newly minted day traders were doing in 1999/2000, right? :)

This is exactly the sort of stupid gloating you hear near all time market tops. People have completely lost the ability to think rationally. Right now Ben and his printing press etc. is a MEME that has lodged itself into people's brains (just like the new economy etc. in 1999/2000) and is...

Sorry, but how are you "thinking differently" by going long? Sentiment surveys are now the most bullish since records began.

Everyone's confusing the current asset price bubble with the idea that Fed policy is somehow "working". Actually the two are unrelated. Ben's printing press is exactly the same sort of meme as the new economy was at the start of 2000. You didn't hear much about the new economy after the dot...

Changing handles is basically just reincarnating yourself. Your goal is to reach trading nirvana and break out of the cycle.

A system that works with a good MAR ratio is, in the long term, more than worth any management fees. The certainty of winning and minimising losses is paramount. System trading in particular does not work all the time. During a long dry patch, people pull their money out, creating the perfect...

It's like trying to learn how to build a jet engine. It's been done already, and done well. USING it - properly - is where the action is.

Day trading is very profitable for Ken Griffin and Stevie Cohen, who have definite information edges. For whom else, I don't know.

The original question was: "With central banks now buying stocks, how can the bull end?" This is ass backwards. The fact that central banks are now buying is itself a strong indication the bull IS ENDING.

If you want my advice, don't bother trying to create your own trading system. Pick one of the good trendfollowing funds that have developed their systems over a couple of decades (in some cases). Modern markets are so choppy that the only approach that can really cut it in terms of limiting...

Refer to my previous point about the history of central bank gold purchasing. Why would it be any different for shares?

A bubble is a bubble. If it looks like a duck etc. There is now universal exuberance: almost all skeptics have thrown the towel in, the ones that remain are laughing stocks, Bernanke is a genius, grannies want to buy into shares, fund manager sentiment now at all time highs, new world records...

Sorry :) Just a bit disappointed that we couldn't have a discussion about the roaring 20s and parallels with today. Maybe next time :)

1. I deliberately posted this thread under "Psychology" 2. Anyone who wants the exact date of a crash is not a trader, but a twit

For god's sake, I'm not saying there will be a huge crash on May 16th. I am trying to start a discussion about expressions of/interest in opulence and extravagance, and how that often corresponds to market tops. I'm not making any damn predictions about the date of a crash. PLEASE can...

What social factors and prevailing attitudes makes a studio think that a Gatsby remake would be a good idea in the first place? For example, extreme popular interest in wealth and spending?

Central banks are historically the slowest and dumbest members of the herd. They have a near faultless record of buying gold at market tops and selling near bottoms. Same story here.

My God, posting on ET is like having a conversation with janitors (and I don't mean Good Will Hunting). Are any of you vaguely aware of the book's content or meaning? Or that extreme celebrations/expressions of opulence often mark major market tops? The original Robert Redford film was...