Get Out Now!
- Thread starter Vulcan Trader
- Start date
LOOKS TO BE AN INSIDE DAY. NOT MUCH ACTION. WEEKEND IS UNCERTAIN. STILL IN A BEAR MARKET. STILL DOWNSIDE MOMENTUM.
God your stupid. With respect to indexes, 10% is a huge move.
Real traders know this. That range was there for 6 months, if you can't identify a range in 6 months ( I posted about it several times on this site ), you need to find another hobby.
Look, you know fuck all about trading and just like to argue. Fine. I get it go for it dim wit I don't care. But for those new to this site, I put out a long perspective on the market late August 2010, with a stated target of 15-20% return ( in reality, 30% was very doable ). I also stated in 2010 that after April 2011 there would be uncertainty in the markets ( due to seasonality ). ALL OF THESE FACTS ARE CONTAINED IN MY POSTING HISTORY.
Rarely have I posted actual trading calls, but the vast majority are profitable. This is also in my posting history.
If some dimwit wants to take one post out of context discussing a longer term bull market, misintepret everything being said, and claim that nothing ( including a monstruous black swan in Japan ) changes that trade, well so what. All that does is point out how ridiculous the complainer is.
I stand by my live call to go long the TSX at 11,660. Longer term hold with expected target 14,000 or end April 2012, whichever comes first. Low risk trade with 20% return if I'm right. If any of these permabear types want to post a trade on any index in the world that they think will pay 20% then go right ahead. Something like < 900 on a short S&P 500 from these levels would have the same return.
I made money on the TSX in 2010 and in 2011. My returns exceeded the actual TSX performance. To characterize my trading as long term holding through everything with an extreme bullish bias is fraudulant bs.
Quote from jsp326:
No, you posted a supposed macro/valuations view in Dec. 2010. Of course, there was absolutely no hard data--just your bias and uninformed opinion. But it was bullish, "get in now," "it's only going up from here," etc. If you do that type of thing, it's a long-term call. It's not a technical or swing trading move. You can only make it appear that way with ridiculous hindsight analysis It's not like you said "The situation is incredibly bullish but sell in May as things will completely fall apart by the late Summer."
Here's some of the absurd comments again:
"If you are expecting a magic entry point you might be waiting until late 2012. You might get some retracement in January but certainly not to the totally unrealistic standard some of you keep posting...Some of you bears might have some fun in mid to late 2012, but by then today's market levels will seem quite reasonable the "insanity" talk on ET will be conveniently forgotten."
I'll use your own words to someone else to describe your predicament. A taste of your own medicine may be your best cure!
"Look dumb ass, I don't care what you think. Do you always get this angry when you are perpetually wrong about markets ? Go see a psychiatrist, get better, then resume posting once you are sure you are mentally stable."
What irony!!
"Dead-Ender" is just a complete bullshit artist. Even in his latest "TSX Index prediction" it's all upside targets, but no mention or even consideration that it could drop. That's all you ever need to know about this perma-bull fool.
It is somewhat preverted that you feel you can control how people forecast markets and when they make trades. Something is just wrong about you, you seem a little strange.
Quote from jsp326:
No, you posted a supposed macro/valuations view in Dec. 2010. Of course, there was absolutely no hard data--just your bias and uninformed opinion. But it was bullish, "get in now," "it's only going up from here," etc. If you do that type of thing, it's a long-term call. It's not a technical or swing trading move. You can only make it appear that way with ridiculous hindsight analysis It's not like you said "The situation is incredibly bullish but sell in May as things will completely fall apart by the late Summer."
Here's some of the absurd comments again:
"If you are expecting a magic entry point you might be waiting until late 2012. You might get some retracement in January but certainly not to the totally unrealistic standard some of you keep posting...Some of you bears might have some fun in mid to late 2012, but by then today's market levels will seem quite reasonable the "insanity" talk on ET will be conveniently forgotten."
I'll use your own words to someone else to describe your predicament. A taste of your own medicine may be your best cure!
"Look dumb ass, I don't care what you think. Do you always get this angry when you are perpetually wrong about markets ? Go see a psychiatrist, get better, then resume posting once you are sure you are mentally stable."
Ok, enough. I have reported you for posting fraudulant ideas attributing quotes to me and generally misrepresenting my posted ideas on this site.
There comes a point where such slander has to stop.