BillP 0 Report post Posted July 13, 2012 From today's action looks as though things are fixed and we are on the way. Share this post Link to post Share on other sites
Rogers 263 Report post Posted July 13, 2012 From today's action looks as though things are fixed and we are on the way. you are correct, removing all hedges and going long.. NOT same old story, market jumps 200 points and everything is peachy.. Give it a few days and the concerns will re-emerge and we will head back down towards 12k honestly I don't really care as long as AAPL goes up and RUT goes down Share this post Link to post Share on other sites
BillP 0 Report post Posted July 18, 2012 I am thinking this market is going to have a 300-400 point correction before long. Bro Ben even says the economy sucks, but we keep going up. Share this post Link to post Share on other sites
Marco 221 Report post Posted July 18, 2012 that's because he's gonna jump in that helicopter soon again and throw big bundles of cash on the economy (well at least at the financial markets) Share this post Link to post Share on other sites
BillP 0 Report post Posted July 18, 2012 Not sure that will happen Share this post Link to post Share on other sites
Rogers 263 Report post Posted July 18, 2012 I am thinking this market is going to have a 300-400 point correction before long. Bro Ben even says the economy sucks, but we keep going up. looking forward to this day so I can reload my RUT.. Bring it on... Share this post Link to post Share on other sites
BillP 0 Report post Posted July 18, 2012 Yes sir, waiting myself Share this post Link to post Share on other sites
BillP 0 Report post Posted July 19, 2012 News Alert from The Wall Street Journal The German Parliament has approved by a large majority a rescue package worth up to €100 billion ($122 billion) for Spain's struggling banks. Lawmakers voted 473-97 to support the bank bailout, with 13 abstentions. Germany's Parliament has to endorse all decisions to use money from the euro zone's rescue fund. The country is Europe's biggest economy and the biggest single contributor to the bailout fund; it will guarantee loans to the tune of up to €29 billion under the Spanish package. Share this post Link to post Share on other sites
Marco 221 Report post Posted July 19, 2012 was expected to go through, shouldn't be market moving Share this post Link to post Share on other sites
BillP 0 Report post Posted July 19, 2012 (edited) Actually I am fixing to go short the market Edited July 19, 2012 by BillP Share this post Link to post Share on other sites
tjlocke99 18 Report post Posted July 22, 2012 We don't often discuss big picture economics here, but I can't see any of this ending well for "the West", be it the U.S. with its debt/deficits/entitlement programs or Europe with a myriad of problems. I do expect a 'Black Swan' at some point. The problem is, nobody really knows when right. I'm a little worried about 2013 though after the election cycle is over. Share this post Link to post Share on other sites
BillP 0 Report post Posted July 22, 2012 I have been looking for a chart that shows the market movement by month, year, and so forth. I had it one time and cannot find it. Interesting to look at, and if I remember pretty accurate. If anyone has something like this I would appreciate if you would pass it along. Thanks Share this post Link to post Share on other sites
BillP 0 Report post Posted July 22, 2012 It breaks it down by months and year. Share this post Link to post Share on other sites
BillP 0 Report post Posted July 24, 2012 My 3-400 drop prediction was right. The market was wayyyy top heavy Share this post Link to post Share on other sites
Marco 221 Report post Posted July 24, 2012 no high fives in a non directional forum Share this post Link to post Share on other sites
BillP 0 Report post Posted July 24, 2012 I see Moody's has slashed the outlook for the european bailout fund a few moments ago. I assume they are short the market Share this post Link to post Share on other sites
Marco 221 Report post Posted July 24, 2012 well they lowered the outlook for many of the creditor nations yesterday (Germany, Netherlands ....) so only logical step. Doubt that has big market impact, they are behind the curve anyway. Share this post Link to post Share on other sites
BillP 0 Report post Posted July 25, 2012 Marco, yes directional can, and will at some point, cause you to lose big time if you don't get out in time. When it goes through the short side not good. Share this post Link to post Share on other sites
BillP 0 Report post Posted July 26, 2012 Fixed again I see Share this post Link to post Share on other sites
Marco 221 Report post Posted July 27, 2012 Super mario is gonna save the euro. Maybe even the world. Don't be short Share this post Link to post Share on other sites
BillP 0 Report post Posted July 27, 2012 Whoa, Mario doing his thing lol Share this post Link to post Share on other sites
BillP 0 Report post Posted July 28, 2012 All companies reporting lower than expecting earnings,domestic growth down to 1.5% .unemployment over 8% yet the market goes up 500 points in a matter of days.time for a big correction Share this post Link to post Share on other sites
BillP 0 Report post Posted July 29, 2012 But Mario is correct, it doesn't hurt the non-directional like it does directional, not even close, but the big moves, up or down effects the iron condors. Share this post Link to post Share on other sites
BillP 0 Report post Posted August 3, 2012 Whoa, on the way to break the record for Dow, never would have dreamed it. I apparently listen to the wrong channels Share this post Link to post Share on other sites
Marco 221 Report post Posted August 4, 2012 Told u - don't be short Was only 50% chance that I'm right, but the trick is to wait long enough until prices move in the predicted direction (even if it's from much higher or lower levels) and claim victory. Share this post Link to post Share on other sites
BillP 0 Report post Posted August 4, 2012 Actually I was long so did really well, bought on the pullback . Yes 50 percent chance, lol. Those odds don't sound real good Share this post Link to post Share on other sites
tjlocke99 18 Report post Posted August 5, 2012 my big picture bet is the economy is going to crash sometime in 2013 or 2014. its post election so all the "stimulus" measures to stay elected will be over. printing fiat money and debasing a currency has never been a long term path to success. Share this post Link to post Share on other sites
BillP 0 Report post Posted August 5, 2012 Would not be surprised at all Share this post Link to post Share on other sites
BillP 0 Report post Posted August 8, 2012 Load er up folks, thing this is not going to stop Share this post Link to post Share on other sites
BillP 0 Report post Posted August 9, 2012 Obamanomics has kicked in Share this post Link to post Share on other sites
BillP 0 Report post Posted August 11, 2012 I plant my crops by the Farmers Almanac so I also use Traders Almanac to buy and sell stocks and options. Amazing how accurate the data is for each day and month years back. Europe must have been in the picture then as well. Share this post Link to post Share on other sites
BillP 0 Report post Posted August 23, 2012 Qe3 fixin to happen Share this post Link to post Share on other sites
