huge stock market rally is over for now!

[B. Rowshan]

Quote from aradiel:

Hey Rowshan, I think Ivanovich was just asking for at least a hint of the rationale you used to get to your conclusions; which I am interested in as well.

I gave my rationale BEFORE he made his post. Now, please read his post again.

Quote from Ivanovich:

Rowshan, please be a bit more specific in your analysis, or this has to go to chit-chat like every other random prediction. I know you claim you were correct before on another poll, but there is no evidence that was anything but luck.

I am interested in your reasoning behind this poll, so please post a bit more than a one liner.

I'll give it a day.

If ivanovich's job is to discourage quality threads in the trading section of this "trading" message board, I understand. Obviously this thread is not popular and has no place on ET. Why would anyone want to hear from a guy with my record who can predict the end of historic +30% runs to within a few points in the S&P?

Reading his ultimatum of 1 single day discourages a guy like me from sharing my thoughts. So, I will not start any new threads with my trading ideas in trading. Why listen to my thoughts when ivanovich and ET has rennicks mighty ball?

 

[B. Rowshan]

Golly gee--look at the overnight futures. Either port1385 is selling big-time or more dumb luck by me.

It was obviously luck for me to call the end of an historic 250 point and +30% move up in the S&P to within a single point.

 

[shortie]

Quote from B. Rowshan:

Golly gee--look at the overnight futures. Either port1385 is selling big-time or more dumb luck by me.

It was obviously luck for me to call the end of an historic 250 point and +30% move up in the S&P to within a single point.

you rock, man!

now pray that ivanovich does not move this thread to chit-chat

 

[B. Rowshan]

Quote from shortie:

you rock, man!

Shortie--you agreed with my premise AND you added some quality reasoning on this thread AHEAD of the fact. You definitely deserve credit too.

Thanks and good work amigo!

 

[Ivanovich]

Quote from shortie:

you rock, man!

now pray that ivanovich does not move this thread to chit-chat

Not going to move it as long as it stays a good conversation and doesn't turn into a flame war. Of course thus far, I got one sentence from Rowshan as to why he's called the poll, and a whole paragraph of him bragging about supposed success stories. Fortunately, for the thread, others have added to it and carried the water.

Incidentally, I'm hoping he's right, too. But futures being down 36 points doesn't mean anything at this stage of the game.

 

[B. Rowshan]

Quote from Ivanovich:

Incidentally, I'm hoping he's right, too.

Fair enough. You know my luckiest call of all is this thread (link below) I started in May 2007. You would like this thread as I did enunciate my reasoning, and I managed to call the end of the bull market with pinpoint accuracy AHEAD of time.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=94442

BTW--Any comment by ivanovich as to how stock trad3r/port1385 managed to get away with what he did for so long?

 

[niceneasy]

i think this rally is due mostly to the weakening of the usd and it looks like there is more to come

 

[satchel]

Quote from Ivanovich:

Fortunately, for the thread, others have added to it and carried the water.

Who cares what Ivan thinks. ET has become a trash heap and it's a shame. Mods selectively moderate and throw weight around.

ET is not the same. "Prove yourself in the opening thread or you are toast" - let the community decide, participate or not.

Trader666 and aliases are over in the Psy forum creating new threads every day. Apparently the only forum where mods are fully checked out. That has been going on for WEEKS.

A vote for rubberbird and Rowshan.

 

[EpiphanyTrading]

Quote from niceneasy:

i think this rally is due mostly to the weakening of the usd and it looks like there is more to come

I agree. With the current policies of printing money, the dollar will continue to deflate. We could very well see a synthetic bounce in the market while real wealth remains the same. ie, the Dow could go back to previous highs while the cost of living increases. Thus, 401ks will look like yesterdays numbers but not sufficient to retire.

I am not saying it will happen soon, but over time. The immediate situations I see developing are bank stocks that have been run up due to the prop desk profits and fear of not being involved through the stress test. That is over. If a portfolio manager hasn't been getting long already, why will next week be the time. It is a rotation of money.

Buy the highs, short the lows.


Brendan P. Byrne

 

[B. Rowshan]

Quote from satchel:

Who cares what Ivan thinks. ET has become a trash heap and it's a shame. Mods selectively moderate and throw weight around.

A vote for rubberbird and Rowshan.

Very well said satchel and very much appreciated!