Good point. Financial and housing.
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Negativity + Stupidity= Horrible January 2008
- Thread starter HedgefundTrader2
- Start date
Good point. Financial and housing.
Quote from bdon:
day7793 are you a guy who actually trades for a living? or just some guy with a 100 shares of SPY in his etrade account and constantly shuffles the percentages of his 401k mutual funds around and blames everyone else for his bad decision making? Seriously if you a relying solely on the fed and bush for your trading decisions your f*cked
btw I will know which one you are if you only insult me without answering. And before you ask I have been trading for a living for the past five years.
I am on Option strategist. I trade options on equities and I did 112% returns in 2007. I consistently make 5-12 % returns every month trading various strategies.
Would you like to quiz me on options?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=116462&perpage=6&pagenumber=14
One guy did quiz me on Technical analysis and its here in the these threads somewhere. Read it and than try to evaluate me.
Quote from powerfade:
But that's not what you're doing. The fact is that most people are essentially optimistic. It's only many guys on here, on this one website, that have a bearish bias.
What you're doing in this thread is mistakenly claiming that negativity and stupidity = horrible January 2008 for traders and investors.
You have been shown that you were incorrect. In fact the market movements are quite logical given the conditions that exist at this moment in history, whether you think they are overbought or oversold.
Traders of course loved this market and made huge amounts of money (except for you). Investors who don't understand the markets are probably worried.
But you're still here making very strange comments about turds and collecting them.
Show me a single positive post on this forum. People on this forum are prophets of doom. Its always this doom and gloom in these threads. The general sentiment is very very low and they are pulling the temple down.
Why didn't you complain about all the "100% up room to go" posts ?Quote from day7793:
Show me a single positive post on this forum. People on this forum are prophets of doom. Its always this doom and gloom in these threads. The general sentiment is very very low and they are pulling the temple down.
You will get a positive attitude by joining the bears. Don't worry. Be happy.
Quote from doli:
Why didn't you complain about all the "100% up room to go" posts ?
You will get a positive attitude by joining the bears. Don't worry. Be happy.
Bears are the never happy people, doom and gloom, paranoia, suspicions. To them the world is ending, sky is falling, real estate will never come back, economy is in recession, my wife is getting laid by my neighbors etc etc...These ass clowns are always hoping for a market crash, bad news, something that will impart a devastating blow to the stomach. They never rest, sleepless nights, depression and so many other illnesses.
Pessimism is the cornerstone of being a bear.
Who wants to be a bear?
Quote from day7793:
Pessimism is the cornerstone of being a bear.
Who wants to be a bear?
Of all the mistaken statements you've made on these boards, this is probably the most misguided. The belief that a financial instrument is overvalued has nothing, zero, nada to do with 'pessimism'. We understand that English is not your first language, which is perfectly okay, everyone is welcome here. But here, you've tried to use a word without understanding its meaning.
Try again, please.
Quote from day7793:
Bears are the never happy people, doom and gloom, paranoia, suspicions. To them the world is ending, sky is falling, real estate will never come back, economy is in recession, my wife is getting laid by my neighbors etc etc...These ass clowns are always hoping for a market crash, bad news, something that will impart a devastating blow to the stomach. They never rest, sleepless nights, depression and so many other illnesses.
Pessimism is the cornerstone of being a bear.
Who wants to be a bear?
It's just the business cycle... the economy and the stock market will come back sooner or later. In the meantime you can be damn sure I tell my friends & family to be really careful about buying anything, because I feel it's likely that the market will fall further and don't want to see them lose their money. What do I gain by going against reality (as I see it)?
If you want an enemy, attack the media that tell people to put 90% of their life savings in stocks because the market always goes up, and the politicians and snake-oil salesmen that push 401(k)s on people in the first place. I saw an article on CNNMoney the other day saying this was a great time to buy - are you kidding me? Stock speculation is a complex, risky and uncertain business, and like anything else you shouldn't play the game unless you know what you're doing and are prepared to lose.
Quote from day7793:
I am on Option strategist. I trade options on equities and I did 112% returns in 2007. I consistently make 5-12 % returns every month trading various strategies.
If your such a strategist, then why don't you just shut the f*ck up and trade, instead of incessantly whining about the state of the American mind by posting numerous threads on the same subject. Use the state of the American mind to your advantage and make some fricking money.