Is mr. market a liar?

Quote from I Missed Boat:

If you had any education and logic, as you pretend, you would know that an ad populum is a fallacious argument. Most people in given areas have believed all kinds of false things (from the earth being flat to the inferiority of all kinds of races, religions, genders and creeds). But of course the French only care about doing what is easy rather than what is morally imperative, which is why they folded when the nazis came a knocking, and why they want to avoid any of the tough work these days.

But more to the point, Mr. Market was at least somewhat vindicated in HIS thread (not your many poisonous onces) where he documented his trades and they were analzyed by some bright (not like you) ET members.

You are an evil American imperialist. And a retard to boot. The majority here say he is a liar. That's the "bright" members you are referring to. They have spoken, he is a liar. There is no vindication when the majority says you lie.

I'd be careful about putting down Europeans. Our Euro is growing and growing, at the expense of the US dollar. We are getting stronger, and you are getting weaker. But you wouldn't know that, since you are retarded. You didn't miss the boat, you missed the brain.
 
Quote from mrmarket:



Actually, I'm only willing to spend about a couple of hours a week at this. What is really comical is how I outperform a significant number of people who do this for a living. Ha ha ha ha!!!!

My stomach hurts I'm laughing so much.

Until such time that you have documented and audited trades, and are responsible for managing money of others, you have no grounds for comparison to professionals.

Your claims are akin to someone who wins a fantasy football league and claims to be a better general manager of a professional football team.

You may or may not be a decent stock picker, but in the words of marketsurfer, "stock pickers are a dime a dozen."

The world is full of people who think their personal performance at the gym, Playstation 2003 football, the batting cage at the amusement park, the junior golf course, watching Jeopardy from home, etc. are in any way similar to professional life.

It is simply your vanity that tries to draw comparisons that you are outperforming the pros.
 
Quote from Rocco:



You are an evil American imperialist. And a retard to boot. The majority here say he is a liar. That's the "bright" members you are referring to. They have spoken, he is a liar. There is no vindication when the majority says you lie.

I'd be careful about putting down Europeans. Our Euro is growing and growing, at the expense of the US dollar. We are getting stronger, and you are getting weaker. But you wouldn't know that, since you are retarded. You didn't miss the boat, you missed the brain.

Why do you keep opening thread after thread on this same topic, even as moderators keep deleting these bs threads you create?

Also, thank goodness the dollar is falling. We will be more competitive to the cheating and socialist, subsidizing EU. Soon, we will get rid of our temporary steel tariffs.

As far as the "majority," most people in your other poll said that he was telling the truth. But polls prove nothing, especially on a matter like this. They are ad populum arguments. In other words, they are fallacies. But of course you are too stupid to understand why they are weak and meaningless arguments. So just stay in France (if that's really where you live) and go spend the night at your boyfriends so you can release some of that stress of yours in his bed.
 
Perhaps you pick good stocks with good fundementals. Your ability to read and decipher Balance Sheets, Quarterlies and Year End Reports are imho a requirement for "investing".

There are key questions I am asking you that might help you to involve the others here.....instead of an interpreted "holy war" against traders that you might be pursuing.

Perhaps you could consider (ask Mrs. Market, I think she is in the kitchen) integrating some TA, or price action into your quanitative model. It would not be deviant to your method and you might pick up some more % of profit....

Now, I am just a humble trader......trying to help....consider me a small voice (not huge) in the wilderness.

Michael B.
 
For those of you who decided I was a liar, I'd love to hear you explain how I did this:

Full documentation of my streak of 44 consecutive profitable trades of 15% or better
There have been several requests from traders on this forum to see documentation of the trades in my streak. I have decided to formally document my incredible streak of 44 consecutive profitable trades of 15% or better. You know when ESPN did that graphic to show all of Barry Bonds’ 73 home run swings? Pretty cool, right?

For historical purposes, I felt it important that I show the documentation for all of my trades as they were posted on the internet (most of them on Yahoo message boards). These posts validate the time stamps when I entered the positions in real time. So here they are:


# STOCK DATE IN DATE OUT PAID SOLD GAIN
1 DHOM 1/8/2002 1/30/2002 15.30 17.75 16%
2 GNWR 1/3/2002 4/9/2002 21.38 24.80 16%
3 SAH 1/31/2002 4/9/2002 28.05 32.49 16%
4 ANH 1/10/2002 4/22/2002 9.73 11.30 16%
5 GAN 4/9/2002 5/1/2002 56.20 65.09 16%
6 RYL 4/10/2002 5/3/2002 100.35 116.17 16%
7 JOSB 5/8/2002 5/17/2002 20.58 24.11 17%
8 MHK 2/20/2002 5/20/2002 60.00 69.66 16%
9 TENT 5/14/2002 5/21/2002 13.67 15.88 16%
10 HAMP 6/18/2002 7/9/2002 21.89 25.35 16%
11 RATE 1/9/2003 1/13/2003 4.30 5.14 20%
12 LCI 1/24/2003 2/6/2003 20.00 23.40 17%
13 ODFL 1/3/2003 4/3/2003 29.05 33.77 16%
14 AVD 8/19/2002 4/14/2003 15.07 17.58 17%
15 QSII 2/25/2003 5/6/2003 26.14 32.10 23%
16 JFBC 1/2/2003 5/21/2003 50.90 59.46 17%
17 LEND 5/19/2003 5/27/2003 13.75 16.47 20%
18 PORT 2/7/2003 6/2/2003 46.85 53.67 15%
19 NFI 5/27/2003 6/5/2003 51.45 59.45 16%
20 DRL 4/7/2003 6/6/2003 37.70 44.02 17%
21 HITK 5/7/2003 6/16/2003 37.16 45.60 23%
22 OHB 5/21/2002 6/17/2003 9.92 12.01 21%
23 FBC 6/6/2003 6/26/2003 20.85 24.24 16%
24 MBT 5/2/2003 6/26/2003 48.50 57.04 18%
25 VNBC 4/12/2003 6/30/2003 18.89 21.96 16%
26 SSYS 6/19/2003 7/7/2003 33.35 38.90 17%
27 ACMR 4/22/2002 7/14/2003 22.01 25.46 16%
28 UTSI 7/3/2003 7/16/2003 36.28 41.95 16%
29 FCFS 7/8/2003 7/21/2003 16.30 18.84 16%
30 FRED 5/2/2002 8/1/2003 26.23 30.29 15%
31 SFCC 7/30/2003 9/2/2003 26.01 31.00 19%
32 ESI 8/7/2003 9/12/2003 39.59 46.38 17%
33 MDC 7/10/2002 10/1/2003 46.59 54.25 16%
34 COH 6/9/2003 10/14/2003 25.75 30.21 17%
35 ARO 10/3/2003 10/14/2003 28.90 33.62 16%
36 NARA 7/25/2003 10/16/2003 18.91 21.94 16%
37 DKS 7/29/2003 10/29/2003 39.99 47.21 18%
38 WRLD 6/3/2003 10/29/2003 14.43 18.63 29%
39 WLS 10/16/2003 10/29/2003 54.10 62.76 16%
40 GRMN 5/23/2003 10/29/2003 45.91 53.00 15%
41 JBSS 10/24/2003 10/30/2003 28.37 34.13 20%
42 FINL 9/29/2003 11/3/2003 27.13 31.39 16%
43 CLSR 10/31/2003 11/24/2003 30.47 35.14 15%
44 AMHC 7/14/2003 11/28/2003 41.00 47.96 17%


1. DHOM

http://finance.messages.yahoo.com/b...7079832&mid=192

2. GNWR (message board deleted)

3. SAH

http://finance.messages.yahoo.com/b...8729459&mid=721

4. ANH

http://finance.messages.yahoo.com/b...0408672&mid=252

5. GAN (Message board deleted)

6. RYL

http://finance.messages.yahoo.com/b...080119&mid=1483

7. JOSB

http://finance.messages.yahoo.com/b...082672&mid=2193

8. MHK
http://finance.messages.yahoo.com/b...8729273&mid=848

9. TENT

http://finance.messages.yahoo.com/b...1545228&mid=398



10. HAMP

http://finance.messages.yahoo.com/b...=7077685&mid=85

11. RATE

Board did not exist prior to purchase but some commentary post-sale:

http://finance.messages.yahoo.com/b...15529269&mid=19

12. LCI

http://finance.messages.yahoo.com/b...1298180&mid=594

13. ODFL

http://finance.messages.yahoo.com/b...7083322&mid=101

14. AVD

http://finance.messages.yahoo.com/b...7083322&mid=101

15. QSII

http://finance.messages.yahoo.com/b...687052&mid=1571

16. JFBC

http://finance.messages.yahoo.com/b...=9133403&mid=23

17. LEND

http://finance.messages.yahoo.com/b...5307757&mid=263


18. PORT

http://finance.messages.yahoo.com/b...00811417&mid=71

19. NFI

http://finance.messages.yahoo.com/b...29314&mid=20355

20. DRL

http://finance.messages.yahoo.com/b...081669&mid=1261

21. HITK

http://finance.messages.yahoo.com/b...076901&mid=3780

22. OHB

http://finance.messages.yahoo.com/b...7079885&mid=369

23. FBC

http://finance.messages.yahoo.com/b...0424466&mid=474

24. MBT

http://finance.messages.yahoo.com/b...1028357&mid=176

25. VNBC

http://finance.messages.yahoo.com/b...605578725&mid=2


26. SSYS

http://finance.messages.yahoo.com/b...687191&mid=5342

27. ACMR

http://finance.messages.yahoo.com/b...080470&mid=2304

28. UTSI

http://finance.messages.yahoo.com/b...40741&mid=26581

29. FCFS

Deleted by Yahoo

30. FRED

http://finance.messages.yahoo.com/b...7082098&mid=863

31. SFCC

http://finance.messages.yahoo.com/b...151258&mid=4564

32. ESI

http://finance.messages.yahoo.com/b...7082624&mid=511

33. MDC

http://finance.messages.yahoo.com/b...7079999&mid=679

34. COH

http://finance.messages.yahoo.com/b...151168&mid=1786



35. ARO

(post deleted from Yahoo…copy saved here)

http://www.mrmarketishuge.com/forum...de7eefad8c27398

36. NARA

http://finance.messages.yahoo.com/b...0905304&mid=286

37. DKS

http://finance.messages.yahoo.com/b...719120&mid=1264

38. WRLD

http://finance.messages.yahoo.com/b...7084716&mid=478

39. WLS

(post deleted from Yahoo…copy saved here)

http://www.mrmarketishuge.com/forum...f6df832d0cb4c7d

40. GRMN

http://finance.messages.yahoo.com/b...585190&mid=2183

41. JBSS

(post deleted from Yahoo…copy saved here)

http://www.mrmarketishuge.com/forum...&highlight=jbss





42. FINL

(post deleted from Yahoo…copy saved here)

http://www.mrmarketishuge.com/forum...a7a95d07ca50321

43. CLSR

(post never entered on Yahoo but listed on Elite Trader)

http://www.elitetrader.com/vb/showt...clsr#post362233

44. AMHC

http://finance.messages.yahoo.com/b...076543&mid=1517

The good news is that the streak is still alive and growing. I’d be happy to answer any questions you have if you email me:

ebarsamian2003@yahoo.com


Average returns are for average investors. Superior returns are for superior investors. I am HUGE!! Bring me your finest meats and cheeses.
 
I have been subscribed ( out of morbid curiosity i guess) to MM. stock picks......I'll be damned , but every week i get an e-mail with a pick and a target....I review the stock...I laugh at the pick because I think it has already run up.....and then two weeks later BAM!!! .......I get the e-mail announcing he's taking profits of 15-20%, that he is HUGE, and he is the world's greatest stock picker LOL......That is not lying.........It's not trading either but it's working for him......and I will admit that I don't like stocks that have already traded thru their highs and appear to be running on fumes....but Damn!.....if i were to buy 1000 shares of each stock since July in a side investment account....I'd be buying my wife a nice lexus for X-mas just like the commercials..

And i think he has a point regarding these walll street "gurus'....some of these people they march out every week and are WRONG every week, but since they correctly predcited a bear market or a bull run six years ago they are given the red carpet treatment....look at Abby Joseph Cohen and Kramer and Battapaglia????
 
I for one did not claim you to be a liar. I do suggest that you are a bad money manager, and your emphasis is on managing your "streak" over making wise trading and investing decisions.

Managing your "streak" falls into the same category as managing your biceps, managing your intake of meat and cheese, or posing for photos to manage your image.

None of these self involved behaviors have anything to do with improving trading, investing, or the bottom line of why people here invest or trade.


Quote from mrmarket:

For those of you who decided I was a liar, I'd love to hear you explain how I did this:

Full documentation of my streak of 44 consecutive profitable trades of 15% or better
There have been several requests from traders on this forum to see documentation of the trades in my streak. I have decided to formally document my incredible streak of 44 consecutive profitable trades of 15% or better. You know when ESPN did that graphic to show all of Barry Bonds’ 73 home run swings? Pretty cool, right?

For historical purposes, I felt it important that I show the documentation for all of my trades as they were posted on the internet (most of them on Yahoo message boards). These posts validate the time stamps when I entered the positions in real time. So here they are:



 
Quote from TM_Direct:

I have been subscribed ( out of morbid curiosity i guess) to MM. stock picks......I'll be damned , but every week i get an e-mail with a pick and a target....I review the stock...I laugh at the pick because I think it has already run up.....and then two weeks later BAM!!! .......I get the e-mail announcing he's taking profits of 15-20%, that he is HUGE, and he is the world's greatest stock picker LOL......That is not lying.........It's not trading either but it's working for him......and I will admit that I don't like stocks that have already traded thru their highs and appear to be running on fumes....but Damn!.....if i were to buy 1000 shares of each stock since July in a side investment account....I'd be buying my wife a nice lexus for X-mas just like the commercials..



The Nasdaq Composite has gained over 50% since reaching early 2003 lows. The S&P has gained over 30%. Don't you think there is a direct correlation between these huge increases and any stock pickers good record this year?
 
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