Search results

  1. N

    Bob Prechter says stocks headed to bear market lows!!

    Prechter's a con man / bs artist and your very gullible. A natural match. I'd bet the house when we go many years without coming even close to the old bottom that he won't apologize for his absurdly stupid ideas. These kind of guys on Wall Street are complete scum. Yes, he hopes the economy...
  2. N

    Market crash this week

    This post makes zero sense. Have you not traded before ? Anyone buying the dip since August may have banked a lot of money. Anyone carrying a permabear bias blew it. To what degree they missed out depends on how they acted.
  3. N

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    Quit posting idiotic ideas then about an impending "collapse" in $CAN when this is extremely unlikely. About being serious, I'm a professional trader, I do take things seriously. As a day trader, you'll likely see how many failed traders are around you having a lot of fun but don't have any...
  4. N

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    You are clueless. Seriously, anyone who thinks shorting $CAN is the best trade they can find right now is a joke.
  5. N

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    Since the banking crisis, it has become quit clear Canada is a pocket of strength in world banking. The $CDN reflects that reality. What I am clearly telling you is if the $US improves you might very well find that shorting the $CDN at the same time makes it a flat to losing trade. So what would...
  6. N

    This is it gentlemen! Batten down the hatches!! Big moves ahead

    Your post makes zero sense. $US is up today against $EUR but it is down versus $CDN. Canada has a huge benefit from resource stocks, some of which go up in times of crisis. In fact, the only potential negative for $CDN is its own government jacking up interest rates when they perceive the $CDN...
  7. N

    If a Sizable Correction Were To Take Place, What Would be the Reason?

    Shortie, you can hitch your wagon to proven losing traders like Jack Hershey and Fly Down. Or you can get better mentors. Your money doesn't care who advised you its going to only reflect the quality of your trades. Bet on a US Depression and the only depression you'll find is a depressed...
  8. N

    dazed and confused

    Its been in the news for weeks that a lot of emerging market funds were being transferred to US market investments. At some point soon your going to have to admit that calling for a 20% correction a few months ago was way off base. All the "fools" etc that you keep referring to are making...
  9. N

    dazed and confused

    This forum is very strange. Great trend up and almost every post is people talking about shorting. I recommended some nice relatively safe potential breakout stocks ( TD, RY, RIM, INTC ). Pretty much no one is interested in this kind of call. What has occurred since ? TD, RY are trending up...
  10. N

    dazed and confused

    Normal procedure is a retracement sometime during expiry week but as someone posted earlier there were massive puts on the index this month. With such a heavy "correction trade" in place it was only natural for people on that crowded trade to get run over. Note the nonstop top calls on ET for a...
  11. N

    Strong stocks

    ABX
  12. N

    Conservative Ideas Can’t Escape Blame for the Financial Crisis

    What a stupid post. Honestly, you have absolutely no idea what you are talking about. There was no bailout of Canadian banks nor was there ever a need to consider one. Comparing Canadian economics to US economics is a joke honestly. Our banks are so healthy that they are buying up US assets to...
  13. N

    Interesting market....

    Market rotation is healthy. Great trading environment, something for everyone. I like strong financials and big cap technology.I was considering shorting AGU short term missed that one. Lot of Canadian stocks are reporting next two weeks, expect a lot of action. I like ABX as a special long.
  14. N

    If a Sizable Correction Were To Take Place, What Would be the Reason?

    What descent ? We're in a trending bull market. This condition hasn't changed since September. Nothing technical supports a reversal play except possibly some resource stocks. POT, TCK, AGU all dropped late in the week. The quicker you got into your QQQQ short the more money you'd lose. That...
  15. N

    If a Sizable Correction Were To Take Place, What Would be the Reason?

    US GDP of 3.7% and Philly Fed # of 38. There is your evidance. The market paid attention even if you didn't.
  16. N

    If a Sizable Correction Were To Take Place, What Would be the Reason?

    Hate to disappoint you but we are going to 1400 minimum by early April. Sometime in April we will make an intermediate top followed by a fairly flat to down summer. I further predict a lot of traders will be bitching in the summer about low volumes and how hard it is to trade. Meaning those...
  17. N

    A stock that will drop today

    ???? Option closed at 0.40 - 0.50 down from 0.70. Stock is up slightly after hours.
  18. N

    The S&P has topped !

    The March 2009 lows will likely NEVER be breached in our lifetime. You missed your entry point deal with it. I'll get on here every year and check back with you, and you explain why we haven't breached yet. You are reminding me of the guy on here who said we wouldn't hit Dow 12,000 "for 8-10...
  19. N

    Weekly Poll: After Mubarak Shoved +4% Candle Up Bear's Butt, What Happens Now?

    Buddy, you are so wrong. Going short you are exposed to important upside risk. Do not think going short is inherently safer then going long, in fact often it is riskier if you have limited capital. And in a strong bull market, it is often problematic to be short. In fact, many people have...
  20. N

    Weekly Poll: After Mubarak Shoved +4% Candle Up Bear's Butt, What Happens Now?

    I fail to see the point in shorting one of the strongest sectors in the market while it is clearly trending up. A better trade would be long financials in 2011. Its not hard to find modest valuations in this sector.
Back
Top