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My experience is there are certain time periods where no matter how you are doing you need to liquidate and avoid a black swan day. I think we're at that point and the risk in unhedged long option positions is massive right now ( especially November or December expiry ). One strategy is to...

My opinion is still a mixed market with recent news going to create a minor dump ( already started ) led by financials. With each recent day I grow more convinced its coming. In my opinion, there will be no major dump because there is strength in technology and commodity prices aren't going...

Reading the thread there is no way to agree with this opinion. Was he a brutally bad trader at times earlier this year ? Most definately yes. Has Neke reformed ? We shall see. It's hard to evaluate his new strategies short term given the obvious huge swings this style can bring. Neke has...

I don't trade currencies but I am short financials so we are kind of betting against each other short term on the $EURO. Will the Chinese really let the US$ get much worse ? Seems to me that last year when gold/silver were on a tear and the US$ tanking it did a huge pre-market reversal ( more of...

Terribly risky play the #1 story right now is Ireland's huge bank issues. Right now the trend is EURO is the weakest main currency followed by the US$. What if AIB suddenly announced they needed a bailout or were going under ? You'd be screwed on this.

Nonesense. Canadian banks are the envy of the Western World. The numbers don't lie. Check out Tier 1 capital, earnings results, divdend history. ps In my previous post I meant dividends raised in 2011 not 2012.

Couldn't disagree more. "Cheap" does not infer value. US financials are the worst sector to be in. You'll be staring at those long term options for years wondering what the hell you were thinking. So much better areas to be involved with; buying on dips in the right areas will be profitable...

Again, a double top needs time to be confirmed. It is obvious this level could present serious resistance. The correction in 2008 is NOTHING like today's situation at all. My original call was a minor correction to 1150 area and then the market will either range or power up to a higher level...

You don't get it. Period. The markets are fairly valued yet you still get hysterical every day about this. The ytd increase is around 10%. Not even a strong year but you are still hysterical.

Capatalism out of control with one hell of a lot of corruption right now. You don't seem to understand the middle class is losing ground. CEOs of corporations ( including unsuccessful ones ) are taking in monstrous salaries and options they don't really earn. Even worse is the political...

C is a bad investment going higher strictly due to speculators. The balance sheet is terrible any downturn in the market this one dives first ( along with BAC, SIRI, etc etc ). Remember, at one point without government intervention this stock was worthless. Markets aren't efficient otherwise...

Ok, TXN is already around $31.50. I would sell on the open Monday unless it gaps down significantly. Nice little profit from $24-$26 ( even at $28 ) . No need to get greedy. Safer to be in "dead money" ( your term not mine ) like INTC now as it makes the $19 to $23 move I predicted as well. Or...

Technology was undervalued most of 2009 and 2010, the Nasdaq had to go up eventually. I have to laugh when someone thinks a 20% rise is outrageous, the speed of the thing was extraordinary but that is what happens when gaps between value and market price are way off. Then we get these guys...

Here's the problem. You're reading too much bs from people who know very little about stock markets. I have to catch myself sometimes not to get suckered in myself at times. Most of the permabears on here suffering from a negative bias after losing money their whole life on investments. Or, in...

No, its simple, your recent calls have been terrible. Stop making excuses. There will be no 20% haircut, the recent "top calls" from you and others ( eg 1100, 1140, 1150, 1165, 1185 ) are actually more likely support points on any real drop. If you were an experienced successful trader you would...

And you posted this as well : 1165 to 1225 means you missed a 5% move. Not earth shattering unless you bought triple bear ETFs as a strategy. Oh wait, that was your recommendation wasn't it ? To your credit you "only" posted two top calls. Fly Down posted around a dozen top calls and...

Again, you post total bs. Technology has been a laggard for the greater part of two years so it was only natural for there to be a pop in the sector. If we were to start listing P/Es involved in this sector for each year it would be VERY obvious that there is no bubble in technology right now...

You know why ? Because when the S&P 500 was going down to 1041 ( and other similar episodes this year ), many fund managers sat on cash or bonds etc and were underinvested in equities. There was a lot of overdone fear ( read ET to see what many people were thinking ). How many fund managers...

Quit posting this crappy analysis masquerading as technicals. As I told you before, you don't have a clue how to read a chart. Here's some news for you; you can't call "double tops" before they are established. You've called around a dozen tops in two months. It's getting really, really...

Sure there has. George W. Bush was the main architect of America's financial problems. You decided to blow up Iraq because that damn idiot wanted to. Amazing how he and his cronies fooled the whole nation. How much money was spent anyways overrunning that country ? To be quite blunt, instead...