Marketsurfer called the oil collapse 7 years ago!

“He reportedly also has strong ties with Iranian oil companies from which he continues to benefit from the rising brent.”

I’m not an expert on Iran sanctions, but are you sure what you were doing was legal?
 
marketsurfer said:
Lol!!

Shake shak and chipotle are going down. The top is close in the us markets. The djia will not hit 20,000 for years.
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Shake Shak is obviously an overhyped stock. I don't know about shorting the Mexican McDonalds.
 
nursebee said:
Surf, your posts of late come across as someone totally out of touch of the market as I understand it, have you been hitting a pipe laced with hallucinogenics?

It is my observation that the markets are tied to interest rates and credit expansion. Rising rates have not even started...and when they start it means things are good, and everyone knows. The big bull has hardly started.

When people compete for available credit at unreasonable interest rates, that is the time to get bearish.

Arguing against SHAK is like steering into the eyes of a charging bull saying it is gonna not gore you.
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I appreciate your concern but we are trying to get in ahead of the curve--- yes, you are correct about rates etc but the markets are anticipatory mechanicisms. Buy/sell rumours and do the opposite once it becomes fact.

By the time folks are competing for available credit at unreasonable rates it will be too late to profit from shorts and the bull will have started once again. Peace. Surf
 
Except most of your views displayed the worst possible market timing skills. I mean it's embarrassing to have a way lower than 50% hit rate even with months and sometimes even years of hind sight. Nobody held you to your recommendation a day later but if even at any give point in time within a year or even more your recommendations still look like shit then maybe you should consider a different career. Even a free of charge paper poster existence at ET then becomes a questionable use of your time.

marketsurfer said:
I appreciate your concern but we are trying to get in ahead of the curve--- yes, you are correct about rates etc but the markets are anticipatory mechanicisms. Buy/sell rumours and do the opposite once it becomes fact.

By the time folks are competing for available credit at unreasonable rates it will be too late to profit from shorts and the bull will have started once again. Peace. Surf
More...
 
nursebee said:
Surf, your posts of late come across as someone totally out of touch of the market as I understand it, have you been hitting a pipe laced with hallucinogenics?

It is my observation that the markets are tied to interest rates and credit expansion. Rising rates have not even started...and when they start it means things are good, and everyone knows. The big bull has hardly started.

When people compete for available credit at unreasonable interest rates, that is the time to get bearish.

Arguing against SHAK is like steering into the eyes of a charging bull saying it is gonna not gore you.
More...

astute words nursebee. Like yourself I think we are in the early to mid stages of a big bull. QE has only just begun in Europe. There are still plenty of people around who are willing to short and that is a sure sign that we are going up up up baby.
 
Does speaking of oneself in third person (like the title of the thread) lend weight to one's credibility? MS does that a lot. Additionally, he likes to use the plural pronoun we in a lot of calls. "We see this doing that..."

What is the point of that, exactly?
 
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