RM's occasional market calls...

Discussion in 'Journals' started by Rearden Metal, Nov 8, 2010.

  1. You're welcome!

    I'm still holding the entire position here, but if silver sells off just a little bit more, my limit orders to exit are going to start getting hit...
    ZSL current price: $13.14
     
    #131     Nov 23, 2010
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    #132     Nov 23, 2010
  3. ----------------------------------------------------------------------------------

    To me it look like retaildaytrader not see Rearden play (short)
     
    #133     Nov 23, 2010
  4. [​IMG]
     
    #134     Nov 23, 2010
  5. There is a simple solution to your problem with RM. The ignore list. Or at the very least, please stop posting in this thread.

    Let us poor ignorant folk read the thread in peace.
     
    #135     Nov 23, 2010
  6. Retaildaytrader, if Rearden have the agenda to something different of this journal , then he want to make the good bet here to this journal to look good for him, true? So the reader know Rearden will use his trading skill all to the best for the journal.
    So I think is something very good to read and watch.
     
    #136     Nov 23, 2010
  7. Hey, I am just pointing out the obvious. If Rearden wants to post a history or discourse about himself, then why not label the threat directly discussing his history. Everytime I see one of these threads of his, we get an earful of his history.

    Look write a book, author a blog or even create a directly worded thread.

     
    #137     Nov 23, 2010
  8. my thoughts on risks involved when following RM calls (not in any particular order):
    1. RM made great calls before but that does not mean he still HAS IT (the latest calls do suggest that he still knows what he is doing but we actually won't know with reasonable certainty until this thread is over)
    2. Previously he only made occasional calls. If he increases his call frequency there is a danger akin to overtrading
    3. There is always the market risk, no call is 100% risk-free
    4. There is always the risk that RM handle has been hijacked (not saying it is the case here)
    5. Add more if you have thought of other risks...

    to the critics i say this:
    1. the calls are free and a couple of agenda posts just make the thread a more interesting read.
    2. RM disclosed his drawdowns before and Oct 2008 drawdown in particular earlier in this thread. This is more disclosure than one gets from subscription services with dubious market calls and here the price tag $0 (plus added bonus of entertaining agenda posts :)).
     
    #138     Nov 23, 2010
  9. So you're whining because people ask me questions and I provide them with comprehensive answers? Really?! I found your trolling efforts to be slightly annoying at first, but now that six different guys have stepped up to get my back, you've now been reduced to nothing more than an amusing plaything.

    Remember that scene in the first Wall Street movie when Gekko sends a surprise gift to his up-and-coming protégé Bud Fox? Fox was gifted with a smoking hot hooker, a line or two of coke and a limousine, as I recall. Well, just imagine 'retaildaytrader' as Bud Fox:

    <i>"Is this the best Gordon Gekko could do? He obviously has an agenda! He wouldn't be sending all these things to some random homeless guy out of the goodness of his heart, I know that for sure. Besides, just <i>one</i> hooker? That's all?! Pathetic. And this blow is totally chopped- I've had way more pure stuff than this, plus the limo is last year's model..."</i> :D
     
    #139     Nov 23, 2010
  10. make that 7, hard to believe this guy has enough in his account to short aapl at all.

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=208429
     
    #140     Nov 23, 2010