Who are the idiots buying bonds for 1% interest?

[Daal]

Quote from bone:

So, the intelligent conversation gets personal. Proven incorrect, and you get nasty on a personal level. Not mature. Not smart.

I've had clients speak with the management at TransMarket Group, RCG, Advantage Futures, Man Financial, DE Trading, and check all of my references inside and out. Some have even contacted former principals at prop firms. No issues, no second-guessing, they want to contract with me immediately. My performance record and background has never been an issue for a serious prospect engaged in serious due diligence.

There are about 30 ET members who are clients, and if I was some sham you certainly would have heard about it by now.

You claim you have records of 18 years of profitable active trading? I wouldn't be surprised if pressed on this it turns out that they were 'gains including primary residence, passive retirement accounts, etc'

In any event, you have to understand that anyone smarter than chimp having to choose between saying its flim flam and accepting that someone would actively trade profitably for 18 years would STILL try to sell 'courses' would say its flim flam

At the very least, there are things you are not telling us about all those profits

 

[The Big D]

Quote from bone:

So, the intelligent conversation gets personal. Proven incorrect, and you get nasty on a personal level. Not mature. Not smart.

I've had clients speak with the management at TransMarket Group, RCG, Advantage Futures, Man Financial, DE Trading, and check all of my references inside and out. Some have even contacted former principals at prop firms. No issues, no second-guessing, they want to contract with me immediately. My performance record and background has never been an issue for a serious prospect engaged in serious due diligence.

There are about 30 ET members who are clients, and if I was some sham you certainly would have heard about it by now.

I wasn't implying you were a sham. I was implying that those 18 years must not have been very profitable, or you must have stupidly given the profits to others, if you still need 4 figure injections of capital from your "clients". Try re-reading

 

[The Big D]

Quote from Daal:

You claim you have records of 18 years of profitable active trading? I wouldn't be surprised if pressed on this it turns out that they were 'gains including primary residence, passive retirement accounts, etc'

In any event, you have to understand that anyone smarter than chimp having to choose between saying its flim flam and accepting that someone would actively trade profitably for 18 years would STILL try to sell 'courses' would say its flim flam

At the very least, there are things you are not telling us about all those profits

Yeah, something smells here. We have the following facts:

1) bone claims 18 consecutive profitable years which is substantially better than most industry heavyweights
2) bone clearly is in favor of trading OPM and in fact claims his strategies are good for attracting it (thereby implying although not stating he's good at attracting it)
3) the markets we're discussing are some of the biggest and most liquid in the world. You can move huge size in T-bonds, index futures, and oil.
4) bone is interested in selling 4 or 5 figure training

If you take 1) and 2) as assumptions and combine with 3), it's very difficult to see why bone isn't trading huge size for someone and doing so profitably. But if he is, 4) makes no sense.

We've got a contradiction, folks. Add to that my impression that bone's entire participation in this thread is an attempt to sell his course rather than actually discuss the matter at hand, and as I said it smells.

 

[bone]

And your participation in this thread is in defense of a short fixed income market opinion that is wrong and underwater?

 

[The Big D]

Quote from bone:

And your participation in this thread is in defense of a short fixed income market opinion that is wrong and underwater?

Man, you've already lost. You can choose to explain yourself or just go away, but either way you're done

 

[bone]

With your kind of market prognostication skills, I can see why you have such a hard time accepting a consistent track record !

 

[The Big D]

Quote from bone:

With your kind of market prognostication skills, I can see why you have such a hard time accepting a consistent track record !

You're just digging yourself deeper.

Since I have a feeling your "courses" are your primary source of income, you'd probably be best off just leaving. You're not doing yourself any favors right now.

 

[bone]

Hey, I'm playing nice here - you're the one getting personal. Stay on topic about interest rates.

 

[MGJ]

Quote from misterno:

Who are the idiots buying bonds ...

I am one of the idiots buying bonds. I anticipate that prices will continue to rise, so that I can exit the trade by selling the bonds at a higher price than my entry price. Here is a price chart of the instrument I am using to implement this idea:

 

[EMRGLOBAL]

I don't see sovereign debt as 'flight-to-quality' anymore, everybody is choking on supply and more is coming down the pike.
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Bone I agree 100%. But remember, we are dealing with real BONE HEADS..no pun intended....in the world of "BROKERS" and WALLSTREET. They are pushing BONDS BONDS.

Of course you and I, and others know its pure bullshit. But, look at the Move in Bonds. Money is pouring into them.

I would go and put money in Key energy...even though I expect oil to pull back to the low 60s and Natti to sell back down to 3. I would look at AGI....wheat has moved to much for me right now, but other AGIs are out there.

I am fully aware of the shift in the World Economic Situation...The dynamics of "DEBT" and Cheap money are changing rapidly. This is sending chaos, of course nobody is talking about it yet, to all Financial Institutions.

The next wave down will show serious capitulation IMHO and Chaos will set in for those who are reactionary.

So, even though you and I agree, BONDS are not the less risky...money is moving into them, in the HOPES that HOPE AND CHANGE will reverse this Economic Storm but if not...BONDS will be safe.

Meanwhile, the smart money is flowing into places like China, Brazil, India....there is emerging market risk in these areas, but I would say, far more potential upside for the Risk you take in China, India and Brazil...than here in the US.