Stay long throughout the summer, the market can do no wrong right now.
Poll: Sell in May 2011?
- Thread starter shortie
- Start date
Quote from Nine_Ender:
Shortie, given GrandSuperCycle's "excellent" track record, you should just blindly follow his/her advice immediately. Ironically, your chances are much better now then when they posted the exact same trades in almost every month since August 2010.
Yes, unfortunately you missed the excellent chance to short Gold all winter, don't let the ALL TIME HIGH fool you, with GrandSuperCycle's well chronicalled and specific short entry points you'd be RICH by now SHORTING GOLD.
Same deal for the $US. Don't be fooled by that MULTI-YEAR LOW on the $US Index . Just by following GrandSuperCycle's advice, you'd be RICH with that well documented LONG STRATEGY on $US. Dozen's of posted calls to go long $US can't be wrong ca they ? Pure genius can't be denied.
Remember, the sudden drop in the US markets after the Japan earthquake was not a BLACK SWAN. It wasn't because GrandSuperCycle said so ( several times ). Don't be fooled by the fact the S&P 500 dropped after the earthquake but rebounded after to new highs now.
Just blindly follow the geniuses advice. You'll be rich. Maybe contact him/her directly and get them to back you.
Face it, you were "Grand Supercycle" of 2007-09. Don't even try to insinuate that you were either out of the market or bearish because all of your posts are loaded with the defensiveness that only a perma-bull could possess.
Never once heard you actually enter one of these trades or tell anybody where you will get out, you just showed up a year after the rally started talking shit about all of these "shorts" that you somehow imagine are on the other side of your paper trades.
When people point out the obvious that it's been far better to just be in physical metals or commodities, you instantly shut up. Maybe, you do realize that buying stocks just treads water if the currency itself is at risk.
Any professional trader reading your post can tell immediately you have very little knowledge and skills in this business. You are a complete and utter waste of time.
The Osama Top...
Fading the gap up on the 1st trading day of May was an easy sell. Now the million dollar question. Now what? I say an easy shallow sideways market with an eventual spike or two down over the next few months but nothing dramatic because the Fed is at work and elections are on the horizon.