Managing Funds for a Living

Discussion in 'Professional Trading' started by paysense, May 18, 2007.

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  1. Has anyone seen the bombarding assault from these guys?

    "Updated! — Spring Time For Global Equity Markets By Fisher Investments
    The ride was a bit bumpy, and the first quarter delivered ho-hum US stock returns, but global equities fared well. As of this writing, the MSCI World Index is trading at new highs. We remain very bullish for the remainder of 2007, reiterating our forecast for a good to great year for stocks (+10% to +40%). Full Story"

    Seems they got all the advertising (see these ads everywhere) dollars to push, push, push people and I'm not really sure they have anything of value to offer.

    These baseless assertions are quite inept. As if anyone can build a client base based on their end-of-year market predictions!

    Probably just want to sweet talk investors to open accounts that may or may not provide much beyond preforming in-line with the market's yearend result - purporting they know some worthwhile angle.

    Don't get me started on (the beloved lol) Cramer!

    Paysense
     
    #211     Jun 13, 2007
  2. jeffm

    jeffm

    You have got to be kidding me! YOU are the one pointing out a service that is bleating about their performance? Oh, the subtle irony...

    What I don't understand about you is your lack of balls. You talk a big game, even when you have been exposed as a beginner. You post pretty pictures showing your (theoretical) killer returns. Yet you're scraping along with $20k and hoping for some subscriber fees to pay your rent. If you truly believe you can achieve the returns you boast about, then sack up, go get some money and make it happen! Anyone over 35 should be able to scrounge up $100k. Savings, home equity loans, friends & family, 0% credit card loans, etc.

    I'm not suggesting that the average ET trader leverage themselves to the hilt like this. But you aren't the average ET reader. You claim to be hot sh!t with a side of cherries! And you want to charge people for your wisdom.

    First prove you have any! Then, guess what... You won't need a bunch of $50/mo scrubs. Or you will fail and you'll need those subs to pay your debts. But at least then you will know if you really had what it takes.

    PS: Cache Landing, you're a class act all the way. Your display of patience and knowledge on this thread has been admirable.
     
    #212     Jun 13, 2007
  3. You are repeating the same drivel on 2 different threads in career trader, just keep it to one thread only without bleeding it elsewhere.

    And please explain why Kingdom Capital or whatever it was spammed these boards for weeks under different aliases?

    Seriously, I am disappointed in Baron on this one.
     
    #213     Jun 13, 2007
  4. ...and the true wannabees bleat wahh, wahh, wahh

    Seriously...do you think I should second guess, myself? Just like every loser trader.

    Do you really think I should feel all your loathings? Well I don't.

    You continue to do things they way you do (and keep getting the same results) and I'll be me. Tuff isn't it?

    Perhaps some posters of "quality" drivel, would truly offer as such. Until then I AM HOT **IT (with a side of cherries) - or so it seems to you.

    ROTFLMAO...and not really all that - just trying to get some good responses and chart out my near-term course.LOL

    Stick to the facts man, mine will unfold and it really should not be that big a deal to you! Get with it, you are worth a bit more (self) respect than you show.Ga

    You NEVER reply with any 'astuteness" regarding the topics I've posted to discuss. It's always the same - ALWAYS ABOUT YOU. You just enjoy getting a backlash at your "judgements". You really can offer more than that.

    ...trying to tell me I am doing wrong - we ARE all appalled... uuuuggggghhhhh!!!!!
     
    #214     Jun 13, 2007
  5. Thanks:p
     
    #215     Jun 13, 2007
  6. #216     Jun 13, 2007
  7. #217     Jun 13, 2007
  8. Truly CL & FF see things...differently (from me):

    Up til recently practically the only thing that continued to lend this updraft support were these institutional favorites.

    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]

    My point was will these be next to breakdown technically - and indeed we (I) am seeing this. When the market tanked this past week, these barely flinched. Now look at them. Perhaps big-money will come to the rescue at 50-day MA, but until then...I'm in caution mode.

    I'm not saying I don't get it wrong - happens all the time. But taking my cue from the market tell-tale signs has and still works best (for me).

    Ps

    Keep up the posts...it keeps the drivel flowing and who knows, I may get it right more than getting it wrong. This journal won't be up for true criticism for a while. There is still more to the story to unfold.Ga
     
    #218     Jun 13, 2007
  9. I was just kidding with ya PS.

    I tend to trade on a more intermediate term, so daily fluctuations don't prove anything in my book.
     
    #219     Jun 13, 2007
  10. By the way, you should check out PAAS for some covered calls.

    Personally if I were doing it, I would do something more like this though:

    BTO OCT 20 calls

    There is strong support at $26 and IV isn't high. Wait for PAAS to jump toward $28 over the next week or so. Set a stop on the calls at a break below $26.

    Once it reaches $28, sell the JUL 30 calls.

    All said and done you'll make about 30%-ish. Risk on the position is just less than 10%.
     
    #220     Jun 13, 2007
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