Feb 11 2012 Nine_Ender, It's fortuitous I took you off ignore. I never suggested shorting AAPL which is clear for all to see. As mentioned previously, you continually conflate TA analysis with actual trades. You do it intentionally but the question is why ? Importantly you have once again exposed yourself as a pathological liar. You are very good at it. Apart from being an embittered troll what is your motive for doing this ? I should disclose that a friend who's a consultant psychologist is fascinated by your pathological trolling and cyber-stalking. She no longer waits for updates from myself, but now reads your posts directly so I can have you on ignore when I want. So now she gives me updates on you and i'm so curious i'll have a look myself... The psych wants to know if you've heard of mythomania - borderline personality disorder - histrionic personality disorder - if you've received psychotherapy as an adult - and are you divorced and if so how many marriages ? Can you help her out please ? WARNING: Nine_Ender / bc1 / bhardy307 are stalkers and sockpuppets. http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767 http://www.elitetrader.com/vb/showthread.php?s=&threadid=227449
Unfortunately, this is your usual strategy when faced with even the slightest bit of introspection on your trading calls on this site. Its childish and obvious. You don't even have the balls to stand by your own posts for longer then a few hours. We don't even have to interpret them, we can just repost what you said and on what date. Even this gets you upset quite regularily.
I'm suprised that this post was even taken the slightest bit sincerely. Small broken-spoke unicycle typically gives an outright directional call such as "We have topped." See below: http://www.elitetrader.com/vb/showthread.php?s=&threadid=235272 You have to give small broken-spoke unicycle credit. He's making progress: Although he said, "Apple crash," at least he didn't try to say when. Or maybe he just misplaced his crystal ball.
I've already told you, you childish moron, that I am an investment advisor and commodity trading advisor. I do not make my money on commission but only on fees.
He was more specific on the "2012 Market Crash" thread, probably by accident though. He probably didn't realize that by suggesting the market crash will be worse then 2008 that the SPX has to go under 666. He's since had frequent hissy fits about this rather then clarify what his call is. And you know why ? Because he truly wants to be able to claim he called a crash below 666, no matter how unlikely an event that is. However, he doesn't want to be held accountable for that call if he's wrong. In my opinion, if markets rise 10-20% this year, and he predicts they drop 50%, that's about as bad a miss as one can make. Its like mispricing the entire corporate world by 60-70%.
Besides the fact market median is 16.6 current intraday, the market median PE of next year's estimate is 13.4 (Apple's next year estimate is below 10 on the PE), which is preposterously low and it was around 19 intraday in 2008 before it crashed, but the median of next years estimate shows a completely undervalued market. Now, that doesn't make any difference to me in my futures trading, but it's just a barometer that puts the idiocy of this lunatic in perspective. The market will never go to 666 without nuclear war or oil supply shocks.
One of the best posts this year was someone put up a historical chart of what US markets normally do after a flat year. In almost every case, they rose between 10-40% the next year. Only one year they dropped, the year WW2 started ( 1939 ). So I do believe significant warfare ( much more then recent years ) and/or biological disasters ( nasty viruses or terrorism ) are the only potential triggers for a huge crash this year. Given that George W. Bush is no longer in power, the chances of this occurring seem far more remote then in 2008. Given that 2008 occurred, even more remote we get a repeat this soon.