yeah i know that saying. I'd love to see the market remain irrational for 1.5 years in the face of rising unemployment, no GDP growth, and low earnings across the board.
"scared money don't make money" - you heard that one? =)
Will the Fed pause on Tuesday?
- Thread starter Rearden Metal
- Start date
yeah i know that saying. I'd love to see the market remain irrational for 1.5 years in the face of rising unemployment, no GDP growth, and low earnings across the board.
"scared money don't make money" - you heard that one? =)
What was chicken little famous for? I'm not familiar...
Your statement is a can of worms... Who are you referring to? Politicians? They're fools. Who else? The central bankers? Damn right they're smarter than me (as far as economics goes???), but it's a mute point. Their "independence" fell under the jurisdiction of the Office of the Presidency while we were all buys chasing Amazon stock back in the day...
And no one's talking about the next American Civil War, we're talking about a recession. I'm just trying to speculate a little. Maybe that's the communication problem here. Traders vs speculators vs investors. You guys are traders...?
No one has been able to present an argument as to why this is a bad trade, other than "goodluck trying to predict market direction and timing." Buying put options in the face of a serious economic slowdown is considered gambling??? This is beginning to be nonsensical. Isn't this the economics forum? I haven't heard any "economic" arguments against the coming recession.
I understand that there are many different approaches to trading and speculation and that guiding principles and generally accepted practices in one approach may not be applicable to one another.
Like I said - anyone have any additional ideas?
So you think GDP will fall to very low levels for a few quarters and then rebound? How will this happen when the root causes of the recession aren't going anywhere anytime soon? Energy prices, housing slump (to get much worse), inflation, current account deficit....
What's your call based on?
My thoughts are the same, BNT.
"I cannot help but raise a dissenting voice to statements that we are living in a fool's paradise, and that prosperity in this country must necessarily diminish and recede in the near future."
- E. H. H. Simmons, President, New York Stock Exchange, January 12, 1928
I also like this one:
"Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months."
- Irving Fisher, Ph.D. in economics, Oct. 17, 1929
"I cannot help but raise a dissenting voice to statements that we are living in a fool's paradise, and that prosperity in this country must necessarily diminish and recede in the near future."
- E. H. H. Simmons, President, New York Stock Exchange, January 12, 1928
I also like this one:
"Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months."
- Irving Fisher, Ph.D. in economics, Oct. 17, 1929
speculators speculate, talk a lot and go as far as paper trading for the less lazy, no more... traders trade... hope this helps 
all the slowdown in oil & commodities-hungry mkts incl construction etc is desired and not a concern, there are other non-jimrogersian real long term growth areas out there for who cares to look (but thats for 'investors' i.e. rational long-term players)... and as for 'worsening' unemployment rates, its really hard to see that as a growing concern... see attached
this week's gonna be interesting earnings-wise, Cisco etc... lets see what this says about blue chip growth prospects etc...
all the slowdown in oil & commodities-hungry mkts incl construction etc is desired and not a concern, there are other non-jimrogersian real long term growth areas out there for who cares to look (but thats for 'investors' i.e. rational long-term players)... and as for 'worsening' unemployment rates, its really hard to see that as a growing concern... see attached
this week's gonna be interesting earnings-wise, Cisco etc... lets see what this says about blue chip growth prospects etc...
Hey how about this:
Eliminate this damn private scam of a bank ( Federal my ass ) that's sucking the taxpayers dry and let the government print the money itself backed by the good faith and credit of the govt. Hey! then the taxpayer does'nt have to pay interest to the scammer behind this private bank. Oh ya, I forgot the bogeyman argument, can't trust the govt. ( so lets trust the private bankers? ) LOL
You're worried about what this scam of a bank will do?
http://video.google.com/videoplay?docid=1616088001333580937
Just sell massively short and sit back. Buy back the shorts in 2 years. Hey who knows, maybe you'll make so much money you'll get a chair at the CFR
Eliminate this damn private scam of a bank ( Federal my ass ) that's sucking the taxpayers dry and let the government print the money itself backed by the good faith and credit of the govt. Hey! then the taxpayer does'nt have to pay interest to the scammer behind this private bank. Oh ya, I forgot the bogeyman argument, can't trust the govt. ( so lets trust the private bankers? ) LOL
You're worried about what this scam of a bank will do?
http://video.google.com/videoplay?docid=1616088001333580937
Just sell massively short and sit back. Buy back the shorts in 2 years. Hey who knows, maybe you'll make so much money you'll get a chair at the CFR
Quote from bsmeter:
Hey how about this:
Eliminate this damn private scam of a bank ( Federal my ass ) that's sucking the taxpayers dry and let the government print the money itself backed by the good faith and credit of the govt. Hey! then the taxpayer does'nt have to pay interest to the scammer behind this private bank. Oh ya, I forgot the bogeyman argument, can't trust the govt. ( so lets trust the private bankers? ) LOL
You're worried about what this scam of a bank will do?
http://video.google.com/videoplay?docid=1616088001333580937
Just sell massively short and sit back. Buy back the shorts in 2 years. Hey who knows, maybe you'll make so much money you'll get a chair at the CFR
I thought this stuff was general knowledge, and I don't even live in the US.