You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Decide recession or no recession and move on
- Thread starter HedgefundTrader2
- Start date
Quote from Cocaine:
Well then stop hanging out on a TRADING website if you are a long term investor. Your kind does not belong in the "TRADING" forum.
I just traded 49 contracts does that suffice to say I am a trader? This is in the first 3 hrs of trading session. God knows how many till the day is over.
People like you will never win with me. I will keep on handing your ass to your face.
Quote from day7793:
I just traded 49 contracts does that suffice to say I am a trader? This is in the first 3 hrs of trading session. God knows how many till the day is over.
People like you will never win with me. I will keep on handing your ass to your face.
well sir with all respect I think you should see things in perspective. I mean, you're obviously pushing your point of view but beyond wining or losing as you stated in the last post, is a fact, not fiction that ALL markets are getting swamped by speculation.
The so-stable ranges that investors used to have in the past are getting wider and wider, taking investors out of positions frequently.
Don't take my word for granted, just go back 20 years and measure daily, weekly and monthly ranges on the dow and S&P. Notice how fast n' wild the market has become in terms of range since. Just try to establish risk/reward back then and try to take those rules into the present market and you'll be surprised how main street has been taking over wall street slowly and systematically.
The problem is not negativity. The thing is that newcomers are learning that they can be at a fair game with the big guys and go short and long without having a definite bias on the market. If we're going to mention the uptick rule, I think QQQQ has been responsible to that rule to the backburner long time ago.
Dow 300 points down in 1 day??
back in the day...how many times you heard that??
now just count how many times that happened in 2007??
If you're an option strategist, you should know that the futures market is often used as an indicator,due the fact that futures leads the way most of the time. Speculation is definitely king the futures market. That is a fact.
Don't get me wrong sir, I do believe investing is still a sound principle. But at the eyes of a speculator, they could care less if the mood of the people is up/down whatever. All they care is to end the day in profit and cover their asses so the equity curve at the end of the year is up. This type of conduct is taking the markets by storm and whether many of them get hanged by the ropes, is making a change big time
Yes is possible to have a bias on the market . But my question to you is ..at what cost?? commo'n you gotta have a boiling point..unless you are sufficiently capitalized to withstand a 300 points down move on the dow.
People need to start taking their emotions and sentiments out of the markets are start realizing that it's changing and a fast pace. As long as you have a speculator having access to the market from a computer(anywhere they like to be), pushing buttons at sell/buy/stop/limit with all indicators and formulas known available with a click of the mouse, I assure you, this changes are here to stay.
The pit is a vivid example, Just compare 10 years ago and look nowadays how the "pit clerk is assuming the open cry functions while the pit trader is out of range with a laptop hedging or taking positions in other markets. Not to mention that the pit crowd is getting thinner.
I am not trying to compete with your nor to debunk your opinion by any chance. I just brought to your attention some facts
Regards
Senate just passed the economic stimulus package
http://biz.yahoo.com/ap/080207/economy_stimulus.html
So that our self entitled doom and gloom crowd can have some chow. Go buy that flat screen TV or take a cruise to Bahamas. Help expand the economy, spend it. This will elevate any recessionary FEARS you have been logging on lately.
Free money what other country can give you that? Had you been in Sudan or Burma they would have thrown your asses down the river..
http://biz.yahoo.com/ap/080207/economy_stimulus.html
So that our self entitled doom and gloom crowd can have some chow. Go buy that flat screen TV or take a cruise to Bahamas. Help expand the economy, spend it. This will elevate any recessionary FEARS you have been logging on lately.
Free money what other country can give you that? Had you been in Sudan or Burma they would have thrown your asses down the river..
you think the feds can spend there way out of this? That worked like a charm last time. Remember 2000-2001? Fed cutting rates like crazy, we all got checks from the feds, and when did the mkt bottom? October 2002. That time it was just tech stocks overvalued, there were a ton of places to hide and make money. What is truly undervalued here? Seriously, think about that. There is really nowhere to hide. Ironically, the best place to hide in may be some techs themselves. If Fitch or S&P had the nuts to downgrade MBI or ABK, you will hope that a hard recession is the worst we get. Day I understand you having an agenda, not sure why you are trying to piss up a mountain, but hey you have every right to do what you want. If you stop plistening to larry kudlow and to a lesser degree cramer, you may get enlighted to a different perspective.
Quote from frank grimes:
you think the feds can spend there way out of this? That worked like a charm last time. Remember 2000-2001? Fed cutting rates like crazy, we all got checks from the feds, and when did the mkt bottom? October 2002. That time it was just tech stocks overvalued, there were a ton of places to hide and make money. What is truly undervalued here? Seriously, think about that. There is really nowhere to hide. Ironically, the best place to hide in may be some techs themselves. If Fitch or S&P had the nuts to downgrade MBI or ABK, you will hope that a hard recession is the worst we get. Day I understand you having an agenda, not sure why you are trying to piss up a mountain, but hey you have every right to do what you want. If you stop plistening to larry kudlow and to a lesser degree cramer, you may get enlighted to a different perspective.
People are reminding us of all the hardships they had. I have been cited 1929, 1987, 2000-2001 and September 11 2001. Is there any other dark comparison you can bring up in our otherwise very prosperous and strong nation? Its hard to find these dark events because we are lucky we had so few of them.
If its a recession get up and move on.
No point hanging your head on your chest, and feeling like shit.