oh no...jim rogers says the fed will save the markets ONE last time!!!! I hope he isnt serious..

[londonkid]

I actually agree with him. I have said before in posts that I believe QE4 will happen. Sick patient needs more morphine.

 

[Nine_Ender]

Probably, but Jim Rogers is a monumental idiot. He's been publicly short from approx. SPX 1400.

S2007S was shorting the market at SPX 1000.

 

[zdreg]

Probably, but Jim Rogers is a monumental idiot. He's been publicly short from approx. SPX 1400.

your remark has no validity without knowing his other positions

 

[destriero]

your remark has no validity without knowing his other positions

Right. He's been long the NDX the entire time he's been a "generational move" bear. Right.

 

[zdreg]

Right. He's been long the NDX the entire time he's been a "generational move" bear. Right.[/QUOTE

"your remark has no validity without knowing his other positions" the statement is correct.
for all one knows he could haven been short russia until very recently. there was a time in recent years when he was extremely bearish on russia. etc. etc.

your focus on the ndx is very narrow. look at how many stocks are currently 50% off their highs.

 

[athlonmank8]

I thought farmers were going to be driving Lamborghinis.

 

[ScalperJoe]

I thought farmers were going to be driving Lamborghinis.

Ha ha, good one! I do remember him saying that publicly.

If SPX goes to 1,400 or 1,000 or back to 666, just remember that EVERY downturn in the market, regardless of reason, has recovered over the course of time. So pick your propaganda, it doesn't matter. QE infinity, China, bond yields, the dollar, Yellen, whatever.

Just keep modifying the portfolio to raise more cash and buy the dip.

 

[eurusdzn]

I know you wouldn't believe it but the s$p is headed below 1400, when the next bear market arrives I wouldn't down that the s&p falls back below that number.....

Seems if QE4 is on the way and sp500 headed to 1400 there is, as Mr. Rogers says, money in the corner of the room to walk over and pick up.
With spot 3 month libor at 33 bp. and December Eurodollar futures contract EDZ15 priced
at 99.53 , this contract will surely drift up to 99.67 and expire for a 14bp profit of $350 usd.
(All things equal, a stable libor)
An excellent return on low margin. You all in on this? Sure thing?

 

[Handle123]

Probably, but Jim Rogers is a monumental idiot. He's been publicly short from approx. SPX 1400.

I am huge fan of Jim Rogers. Since August of 2014 I been shorting S&P500 E-mini futures contracts on new contract highs using two minute charts. I hedge every opening position and overall have done nicely. First target is 40 points and no target on second, it is the only way for me to make huge homerun trades, I have tested hundreds of long term methods past twenty five years. Worst thing you can do is have trailing stops and other day I finally got out of Copper position after 4.8 year trade. Most of bigger firms do options around their positions to get risk close to zero.

So just because YOU can't do it, doesn't mean it can't be done. You don't know how many option spreads he is carrying around his short position.

 

[Chris Mac]

Probably, but Jim Rogers is a monumental idiot. He's been publicly short from approx. SPX 1400.

Being wrong is normal when you are a trader/investor.
You can make lots of money and being wrong half of time.
The greatest made enormous mistakes : Soros, Druckenmiller, Robertson etc.
But that was their good reaction to bad trades / luck etc. that explain why they are still rich.
If you don't get it, you will always be full of jealousy and stay as an amateur.

CM