Oh, I know, Clubber Lang - you capture every point of every run, and you short every point of every fall. You are the ultimate market timer, and leverage deeply into soaring markets and inversely into crashes. You only buy winners, and you only short losers. You are a black box unto itself. In the meantime, I avoided the carnage from 14000 down, while most are struggling to recoup 25% of their losses now.
As I said last week, jobs created over the last 2 decades were created in a fantasy like economy, those jobs created will never be seen again, expect unemployment rates to stay in the high single digits to low double digits for years to come.
Na. I made a call about a week ago that is we closed +10 over 875 we were going to 1050. I'm looking for a timid pace up from here but some good individual plays. You want to go short hunting with me?
Actually I do like copy and paste. It's often easier and more convienient than searching the news sites myself. I don't even mind reading negative copy and paste articles, can be very useful in fact. But copying and pasting an entire weekends worth of negative articles? At least be somewhat selective...
At first it was 1) Construction trades 2) Mortgage Brokers 3) Investment Bankers 4) 'Realtors' TM ('realtor' is not a word) 5) RE Appraisers 6) Auto salespeople and now 7) Factory workers 8) Retail workers (stores & restaurants) 9) Caterers 10) Government employees (state and local) 11) IT 12) Engineers 13) Pharma reps 14) Casino industry workers 15) Travel agents 16) Hotel & Resort Workers 17) etc, etc., etc. It's all about JOBS, JOBS, JOBS. Nothing else matters. It's easy.
It's all about 25 Trillion sitting on the Gobal sidelines waiting for the right opportunity. Much of that will go to recreate jobs and buy up all the excess RE inventory. Bro ...you're driving forward by looking into the rear view mirrow.
The old 'there's a ton of money on the sidelines' thesis. I've heard that just before some of the biggest crashes ever. The underlying economy simply is not able to sustain anywhere near the earnings these levels on the indexes apparently are dreaming about.
I never said anything like that. Strawman argument. Truth is you don't really trade so you miss both long and short opportunities. Keep posting your relentless cut and paste's while the market rallies another 15 handles.