I am on Option strategist. I trade options on equities and I did 112% returns in 2007. I consistently make 5-12 % returns every month trading various strategies. Would you like to quiz me on options? http://www.elitetrader.com/vb/showthread.php?s=&threadid=116462&perpage=6&pagenumber=14 One guy did quiz me on Technical analysis and its here in the these threads somewhere. Read it and than try to evaluate me.
Show me a single positive post on this forum. People on this forum are prophets of doom. Its always this doom and gloom in these threads. The general sentiment is very very low and they are pulling the temple down.
Why didn't you complain about all the "100% up room to go" posts ? You will get a positive attitude by joining the bears. Don't worry. Be happy.
Bears are the never happy people, doom and gloom, paranoia, suspicions. To them the world is ending, sky is falling, real estate will never come back, economy is in recession, my wife is getting laid by my neighbors etc etc...These ass clowns are always hoping for a market crash, bad news, something that will impart a devastating blow to the stomach. They never rest, sleepless nights, depression and so many other illnesses. Pessimism is the cornerstone of being a bear. Who wants to be a bear?
Of all the mistaken statements you've made on these boards, this is probably the most misguided. The belief that a financial instrument is overvalued has nothing, zero, nada to do with 'pessimism'. We understand that English is not your first language, which is perfectly okay, everyone is welcome here. But here, you've tried to use a word without understanding its meaning. Try again, please.
It's just the business cycle... the economy and the stock market will come back sooner or later. In the meantime you can be damn sure I tell my friends & family to be really careful about buying anything, because I feel it's likely that the market will fall further and don't want to see them lose their money. What do I gain by going against reality (as I see it)? If you want an enemy, attack the media that tell people to put 90% of their life savings in stocks because the market always goes up, and the politicians and snake-oil salesmen that push 401(k)s on people in the first place. I saw an article on CNNMoney the other day saying this was a great time to buy - are you kidding me? Stock speculation is a complex, risky and uncertain business, and like anything else you shouldn't play the game unless you know what you're doing and are prepared to lose.
If your such a strategist, then why don't you just shut the f*ck up and trade, instead of incessantly whining about the state of the American mind by posting numerous threads on the same subject. Use the state of the American mind to your advantage and make some fricking money.