I am done with Politics & Religion until post-election...

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ByLoSellHi

...see you all on the 5th or thereabouts.

It's been mad, angry, crazy, insane, educational and passionate.

Good luck to everyone.


Let's hope whatever happens, happens for the betterment of our country, whether we think we know what will happen (which we can't) or the measure of a man (which we can't until they're tested), and whether we agree or disagree about what's the best outcome on the relative scale that is the giant shit sandwich that the current administration and congress (dem and repub alike) has left us with .


Peace out!
 
But you'll still be sharing your market wisdom with us, right?
You made this "call" on 5/19/2008

http://www.elitetrader.com/vb/showthread.php?s=&threadid=127438

Quote from ByLoSellHi:


The United States is still the safe haven of world capital, even with a beaten down dollar.

As the commodity bubble unwinds, which it will do in very short order, the massive amounts of profits will have to find a new home, joining the frustrated $3.5 trillion in U.S. money market accounts, which are yielding negative real returns due to high core inflation.

Petrodollars, euro dollars, American dollars and extremely low yielding treasury money will have to find a new home.

Now, with currencies such as the Brazilian Real, Euro, Australian Dollar, Gulf State dollars, and even lowly Asian currencies as the Japanese Yen and Chinese Yuan being able to buy more U.S. assets than ever, coupled with profit taking from the commodity bubble, and with real estate still in free fall, the only place for capital rotation is equity markets.

Even with economic headwinds and less than stellar growth in the U.S., it is statistically more likely than not that stocks will run, and run big.

After all, the stock markets are very forward looking.

Bulls rejoice as we break through resistance levels of August 2007 within the next 8 to 12 weeks.
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Here's the chart ..........

VT799165-22.png
 
Quote from Tums:

5/19/2008 ???

Darn, I did not read his post and missed his sell signal.
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The OP is disingenuous, Tums.

You'd have done well to catch my call on 7-23-08.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=132407

Now THAT'S money. OP, you're a limp dick zit.

Quote from ByLoSellHi:

07-23-08 04:17 AM

Let me tell you something. You think you know that things will get bad with the banks, right?

I mean, there's been doom & gloom all over the news, and predictions of bank failures by the hundreds, right?

You are all prepared, right? Nothing will shock you?

Things are 100x worse than what anyone has publicly been saying.

How do I know this? It's not insider information. It's not a national secret. It's not privileged, nor confidential information.

I have two very friends that work for two different law firms, and they have been taken out of their regular practice areas and reassigned to the foreclosures department.

Most of you have ZERO clue as to how many PROPERTIES (not just residential homes, but commercial, retail, office and industrial) are being foreclosed upon.

They are both telling me that their firms can't hire paralegals or attorneys fast enough to handle the onslaught, and that the senior most partners at their firms view this as unprecedented.

It's so bad, and these people are anything but lazy, that they are considering quitting their jobs. They both refer to it as a black hole. They have told me stories of people just quitting on the spot, in the middle of the day, as a frequent occurrence.

If you have access to any database that lists foreclosed properties, you would be stunned at the broad array of properties - everything from single lots to factories to shopping malls - that are being foreclosed on right now.

Everything I'm telling you is public record. Once banks file foreclosure proceedings, it's all public record.

So, if you have any doubts that we are headed for an absolute crisis, or that properties from the tens of thousands to the hundreds of millions, from New York to Boston to Cleveland to California to the Hamptons to Mercer Island are being foreclosed upon in record numbers - just go check out the public records - whether in your immediate area, or on a national level.

No one can understand the size and scope of this crisis until they actually view the reams and reams of foreclosure listings, and see that no price point, location, category, size or shape is immune.

You will come back to this thread, if you do this, and be able to do nothing but say "wow, you're right."

A tidal wave is about to hit. It's 60 feet high, just off shore, and building in velocity and height at a rapid clip.
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Quote from ByLoSellHi:

... OP, you're a limp dick zit.
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Does your mommy know you're on the internet again?

Don't you have some Barbie dolls to play with?
 
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