This time it's different..

Quote from Ash1972:

Feb 2000: The stock market, driven by the 'dot com' internet firms, is on an inexorable upward trend. Miss out at your peril. The internet is the most revolutionary transformational technology of the last 100 years - so, who knows how high shares could go? Normal price/earnings valuations just don't apply. If you don't get it by now, you probably never will. Just don't bet against the future.

Feb 2011: The stock market, driven by everyone's fear of hyperinflation and the Fed's commitment to ease monetary conditions, is on an inexorable upward trend. Miss out at your peril. The Fed is committed to as many rounds of quantitative easing as are required to get the economy back on its feet. Stock market investment is probably the only sure way to protect your wealth, so who knows how high shares could go? Normal price/earnings valutions just don't apply. If you don't get it by now, you probably never will. Just don't bet against the Fed.


in 1989, japan bubble
in 1990, soviet union bubble
in 1997, east asia and russia bubble
in 2000, dot com bubble
in 2006, real estate bubble
in 2009, debt bubble
in 2015 (estimate) commodity bubble
in 2020 (estimate) china bubble
in 2030 (estimate) pension, retirement plans (401K, social security, etc) bubble. by then, all the baby boomers retire
in 2050, the 1st encounter bubble.
 
I don't trade the SPY, so that is delayed data. My futures exchanges are all real time. If I showed an ES chart it would be real time.

I start off my clients training with them in the 'delayed' data mode, because it's only $5 per month, and for training and paper trading purposes against me it works fine. So, if a client has six exchanges, he can save over $1K easily using the delayed data while we train.

Alex, as of 02/14: 89 Winners, 47 Losers, 31 Scratches. 65.44% Ratio
 
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