A gift. Thank me after you get rich.

Quote from BrandNewTrader:

He's been predicting the coming us/global slowdown since mid 2005, and based on events since then has hardened his stance to high probability of recession, and now finally to 100% probability of US recession followed by global slowdown. So in effect, he's been calling this for a while now and has been right. Read the link and the links in the blog if you care to learn more...


Even a broken clock is right at least once a day
 
Quote from BrandNewTrader:

He is still one of the most credible and well respected economists in the world. Below is his executive bio from the site. And I repeat, he's been calling events on an ongoing basis since the middle of 2005 and has been correct each time. He is now predicting a US recession by Q1 2007 with 100% certainty and other economists simply cannot refute his arguments.
most credible blah: he is not...

calling events since the beginning of 2005: wow, thats a v.long time...

100% certainty: dude, get a brain...

having said that, i do read his blog from time to time cause its a viewpoint, thought-provoking etc, and there is no reason not to listen to a different viewpoint unless its total bollox of course... but roubini IS losing it in this one... for one, seems the Fed can only 'panic', cause they are so unlike roubini the cool armchair visionary... ever wonder what will happen if the Fed DOESN'T panic after all?... bah, never mind, odds are, they'll be a recession before the turn of the century anyway, and if not, roubini will be so dead by then that it won't make no difference brotha... talk is cheap, lets indulge...
 
Quote from hypostomus:

To revivify a jingoistic slogan from the '60's (of the previous century), "Don't sell America short!". We are still the world's leading producer of pornography. We design and manufacture weapons that are second to none. We have countless ways to bamboozle and fuck people with too much money and make them thank us for it. As the entertainment capital of the world we have an unparalled ability to stupefy the world's minds. We have the proven ability to make foreigners take our inflated currency, induce them to give it back to us by buying bubbly U.S. real estate at outrageous prices, and then deflate their investments away. We are demonstrably the cruelest people and nation on the planet. Soon we will be making oil out of pigshit. We are enlessly inventive, and diabolically brilliant. The REAL problem is the threat of inflation. I think you must not be from here. I'LL help YOU get rich. Buy gold.

Now is too early to move. We will rally in August for a while -- Friday's GDP response is proof that this market only cares about one thing - a stop to rising interest rates, at the expense of anything. And that, Mr. Bernanke will deliver, or at least signal an end to. Wildcard here is oil price - if oil is still at $75 or below, rates stop. If oil is up to $85-95 on some Iran crisis, rates rise. Its really that simple. Our inflation is obviously entirely energy driven.

Hell, Bernanke could go on TV tommorow and say we're permanently done raising interest rates, but 2007 is recession time. And you know what would happen? the market would rally.

After the rally and the reality sinks in to the market, I will load up on OTM puts on all the weak sectors.
Good plan.

The market is so impulsive.
 
A novice
I am putting most of my capital towards this trade.

A Trader
I agree with Roubini and have positions that implement both tatics and strategies to profit from the slowdown.


A novice
Roubini didn't win a Nobel prize for nothing.

A Trader
You know, one has to wonder, why you motorized dildos don't take a moment to ask the obvious questions when a person posts this kind of crap and then attempts to generate some authority by claiming that the author is a Nobel Prize Winner.
 
Quote from hypostomus:

To revivify a jingoistic slogan from the '60's (of the previous century), "Don't sell America short!". We are still the world's leading producer of pornography. We design and manufacture weapons that are second to none. We have countless ways to bamboozle and fuck people with too much money and make them thank us for it. As the entertainment capital of the world we have an unparalled ability to stupefy the world's minds. We have the proven ability to make foreigners take our inflated currency, induce them to give it back to us by buying bubbly U.S. real estate at outrageous prices, and then deflate their investments away. We are demonstrably the cruelest people and nation on the planet. Soon we will be making oil out of pigshit. We are enlessly inventive, and diabolically brilliant. The REAL problem is the threat of inflation. I think you must not be from here. I'LL help YOU get rich. Buy gold.

I don't understand what you're getting at. I agree with all of this whole-heartedly. Why do you say I must not be from here? You're helping me by telling me to buy gold? Part of my overall strategy includes buying gold, corn, oil, and sugar... But I'm sticking to the indices as far as equities are concerned. I didn't feel the need to disclose my entire investment strategy.
 
Quote from nitro:

I agree with Roubini and have positions that implement both tatics and strategies to profit from the slowdown. Thing is the market can stay irrational longer than you can stay solvent, and blindly buying out of the money puts probably wont work. It still requires trading skills. The market is goint to try it's damnest to first kill the shorts, then kill the longs. Probably massive whipsaws in a downtrend with massive ATRs...

The market itself is signaling a higher probability of the slowdown happening - the IV measures have gone up with reason...

nitro

I forgot that I need to qualify everything I say on this site or else inaccurate assumptions are made about my approach or thought processes. I also am "implementing both tactics and strategies to profit from the slowdown" by utilizing risk management and asset allocation principles. I am however violating a key rule and committing a significant % of my overall net worth. I understand the risks and am willing to take them - everyone has a different risk profile eh?. I'm convinced the oncoming recession is a certainty and am building my positions accordingly.

I acknowledge your claim about solvency, but don't understand why you think out of the money puts won't work. Can you explain yourself? B/C I disagree. Being long puts puts a ceiling on my risk of loss, so why would I be worried about solvency during a market rally? I'm not selling futures or shorting shares. I don't care what type of fluctuations will occur, by Q1 of next year the writing will be on the wall and there'll be no where for the market to go but down and either stay down, or go WAY DOWN before the market begins to recover.
 
Quote from hypostomus:

We are demonstrably the cruelest people and nation on the planet. .... . We are enlessly inventive, and diabolically brilliant.
honestly dude, your none of that... and thats why your on top right now, cause europe chose to self-destroy notably... but hopefully things will get better 'soon'...when the europeans manage to force higher degrees of integration upon themselves... not on a 25 countries basis, but say 5 for starters, then 15, etc... pretty daunting endeavour, but one that has to be done, after 2 WWs a necessity...
 
Back
Top