The only WAR that does any good to the stock market

[maxinger]

If anyone never read Jesse Livermore's Reminisciences of a Stock Operator, or didn't read it properly the first time, I will post it again here:

There's a short paragraph in that work (more like a side story) talking about some indicisive investor at a crucial crossroad in world affairs. He decided that if they went to WAR, he would bet bullish. And if they did NOT go to WAR, then he would bet bearish. Being indicisive, he took off his hat (they all wore funny hats back then in the 20's 30's 40's) and saw that the maker of his hat had the initials W.A.R. He decided that was a sign from providence and immediately bet big on the bull side of the market.

The book doesn't not explicit state that WAR makes stocks go up. But if you read between the lines there, you know this is the case! WAR the only reason to drive stocks up in that chapter/side story from Livermore's memoire.

We are not reading because he committed suicide. Full stop.

No point earning billions of dollars and then lose one's life.

Better to earn a few thousand dollars and live joyfully to ripe old age.

Jesse livermore was a biggest failure.
And death did not end it.

But jesse livermore publishers are happy because they are earning tons of money selling Jesse books. All because of free promotion and publicity

 

[Hunter2020]

LOL. US army requires everyone to read The Art of War by Sun Tzu Chinese general. It's the most basic thing to join US military. If you want to be a trader and you don't or never read the works of Nicolas Darvas, Jesse Livermore, and William O'Neil, then you ain't gonna be a trader. Those 3 works/authors are the absolute most basic bare minimum reads!

 

[Hunter2020]

Don't you just hate it when PPT obliged to stage a fake rally prior to a long weekend holiday to prevent people frustrated with their investments from going out on a mass shooting spree? And then gives it all back some days later?

You can tell if the beginning of a bull run is real or not by following the news media. If the news try to scare you from investing, that must be it. I remember they kept regurgitating no/low liquidity on the news at the beginning off the bull run in 2009. In 2003 it was something like Anthrax/SARS scare.

The present, they're trying to sell the Russia/Ukraine conflict as the driver of some pending economic boom. No scare items on the menu. Does this make sense to anyone?

 

[Hunter2020]

China 2008 - Aug-Mar stock crash
China 2022 - Feb (of this year)-Mar (of next year) stock crash

When it's a G7 nation holding the Olympics, can expect a full bull run for a few years.
When it's China holding the Olympics, the bear market begins (but quickly ends in 1 year because nothing goes down 4ever, even greedy funds eager for a bull run soon afterwards)...

 

[Hunter2020]

China 2008 - Aug-Mar stock crash
China 2022 - Feb (of this year)-Mar (of next year) stock crash

When it's a G7 nation holding the Olympics, can expect a full bull run for a few years.
When it's China holding the Olympics, the bear market begins (but quickly ends in 1 year because nothing goes down 4ever, even greedy funds eager for a bull run soon afterwards)...

Anyone who thinks this bear market is over or over soon is clearly mistaken. Them boys wanna drag the bear fight into the Winter season to reap the most benefits from SAD (Seasonally Affective Disorder).

Also, them fund managers are just too too damn greedy. A rise from SP500 4000 to 6000 will only make them 50% profits. But if they drag the markets down to SP500 1700, then can easily make +200% profit on the way back to 6000!