You must be Proud !!!

You're way, way too wedded to an investor's view of the market. This is a trading site.
I don't know about anyone else around here, but I took a trading view strictly after Enron, Global Crossing, WorldCom, and then 2008. Most business balance sheets are obviously fiction and that means any analysis based on fundamentals is just piling fiction on top of fiction.
But you insist on citing stuff like earnings, a fiction if ever there was one, to justify a bullish view of the overall market.
I was bullish in the fall of '10, when I agreed with you. I'm not now. That would be fine, but I get extremely impatient with folks who try to justify a particular level of prices on the markets via earnings.
Confidence, the possession of or the lack thereof, is really the only reason the markets go up and down. With it, you can justify a multiple of 40 on some purported level of "earnings". Without it, a multiple of 10 is a hard ceiling to crack.
Keynes thought investing was about fundamentals, and trading about deciphering investor psychology. I've come to the conclusion that it's ALL about deciphering investor psychology. Nothing else matters.

Oh, and use the ignore button. Scumbags like Larson deserve no less.
 
Quote from Nine_Ender:

Most of the "Trading" posts now are S2007S hysterically ranting about news items, and GrandStuperCycle putting up stupid "analysis" that he reverses calls on sometimes within an hour. Throw in a few fanatics like Denner, the nutbars like Nitro, and the half brain dead types like TradingJournals, its like your site has become a parody of what a trading site should be, only the jokes on anyone who actually believes the crap posted.

( Bonus : The Economic thread remains a haven for literally insane people )

I'm astonished at how poor this site has become. Apparently, you actually need a few people to counterpoint the lunacy at times to even have trading ideas presented. But I've given up, who needs the abuse from degenerate idiots who have no common sense ? And I think you've lost many more people.

Honestly, how many times are you going to have some idiot on EliteTrader claim we never left a "bear market" ? Do these people even understand the term nevermind say something intelligent about trading ? Or how about posters like "Denner" who state that "95% of people are permabulls" but in actual fact represent the kind of absurd fanatacism in reverse ? How ironic is that ?

Might as well bring Bearice back he's a lot closer in nature to your regulars then a real trader is.

Free world you can ignore my feedback but I'm quite sure I'm close enough to the truth here to make both yourself and sponsors very uncomfortable.
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Didn't read.
 
Quote from trefoil:

You're way, way too wedded to an investor's view of the market. This is a trading site.
I don't know about anyone else around here, but I took a trading view strictly after Enron, Global Crossing, WorldCom, and then 2008. Most business balance sheets are obviously fiction and that means any analysis based on fundamentals is just piling fiction on top of fiction.
But you insist on citing stuff like earnings, a fiction if ever there was one, to justify a bullish view of the overall market.
I was bullish in the fall of '10, when I agreed with you. I'm not now. That would be fine, but I get extremely impatient with folks who try to justify a particular level of prices on the markets via earnings.
Confidence, the possession of or the lack thereof, is really the only reason the markets go up and down. With it, you can justify a multiple of 40 on some purported level of "earnings". Without it, a multiple of 10 is a hard ceiling to crack.
Keynes thought investing was about fundamentals, and trading about deciphering investor psychology. I've come to the conclusion that it's ALL about deciphering investor psychology. Nothing else matters.

Oh, and use the ignore button. Scumbags like Larson deserve no less. [/QUOT



I thought we ran your lame ass off of this site months ago, but now here you are back with your " defining mark" of deriding Et members as idiots and scumbags. Some things never change, jncluding you, dipshit.
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Quote from shortie:

+1
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One of the most useful signals this year on EliteTrader was when Shortie got super bullish on the SPY this summer. Market tanked not much later.
 
ETer's...its time to stop this banter, this useless chat. Why dont you start making some choice calls so that Baron can make some money. All this banter and calls for the next apocalypse are not helping.

In this thread, I will make 3 calls. #1) The top is in for gold. #2) The top is in for bonds...especially the munis and Meredith Whitney will be redeemed in time. #3) The bottom is in for equities and especially semi-conductors.

This site is what you make of it. If you want to go on fighting and posting up useless banter and chat then go for it, but you are losing out! Join me in my quest in making choice calls and finding the best stocks to buy right now!!!
 
I had been on ET a long time back. Then,
did some stupid things, like buy futures,
and I thought I was an expert,
because I had my hot little brokers license,
in hand.
Got pawned, not like lose cars or house, but super quick
limit down on a Monday.
Took a long, long break like till now.
My opinion , like chaos, it's where you go in here,
and I've found some threads that I'm working through, that
are brain paradigm shifters.
Total turnaround, that would have taken years to
figure on my own, if I was even able to figure them out.
I'm at a relearning stage and trying to get my brain around some concepts,
and I don't need books or software or anything.
So, don't be hurt.
Just choose where to go and if somebody is being stupid then start a different thread.
 
Quote from chaosclarity:

ETer's...its time to stop this banter, this useless chat. Why dont you start making some choice calls so that Baron can make some money. All this banter and calls for the next apocalypse are not helping.

In this thread, I will make 3 calls. #1) The top is in for gold. #2) The top is in for bonds...especially the munis and Meredith Whitney will be redeemed in time. #3) The bottom is in for equities and especially semi-conductors.

This site is what you make of it. If you want to go on fighting and posting up useless banter and chat then go for it, but you are losing out! Join me in my quest in making choice calls and finding the best stocks to buy right now!!!
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Buddy, I posted live go long the TSX on August 8th ( 11,660 ).
Its up around 7% since then. At the time, everyone and their uncle were declaring that markets were in a freefall crash.
Their still doing it, only difference is anyone following my call is 7% better off.

Your quest for choice calls just isn't going to happen, the board is full of idiots with very little real skill in trading. I think Baron lacks the insight to run a true trading site; its a chatter site for wannabees, shit disturbers, and some of the craziest mother fucker's you'll ever meet.
 
Buddy - I agree with most of your views in this thread except this: you see, Baron is running the EXACT right board for him: a board full of idiots and wannabes - and he sells ads accordingly to retail platforms (I'll be charitable here since not all advertisers are scums here).

Real traders and market participants are somewhere else; They don't socialize with each other here except, perhaps, posting anonymous here as an amusing diversion.



Quote from Nine_Ender:

Your quest for choice calls just isn't going to happen, the board is full of idiots with very little real skill in trading. I think Baron lacks the insight to run a true trading site; its a chatter site for wannabees, shit disturbers, and some of the craziest mother fucker's you'll ever meet.
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Quote from DontMissTheBus:

Buddy - I agree with most of your views in this thread except this: you see, Baron is running the EXACT right board for him: a board full of idiots and wannabes - and he sells ads accordingly to retail platforms (I'll be charitable here since not all advertisers are scums here).

Real traders and market participants are somewhere else; They don't socialize with each other here except, perhaps, posting anonymous here as an amusing diversion.
More...

Are the forums really to get tips from other traders. Isn't that their job. Getting someone else to do it is like stealing. I thought the forums were a way of training traders and giving them the opportunity to gain the knowledge they need to trade. Not getting someone else to do their job for them.
 
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