Exactly, i've been sitting on the fence for the past 2 years, and I wont start buying untill I see hedgefundtrader2 and stock turdur puking in the dow toilet, or untill we start making new highs. If you want to be a permabull go join the commodity crowd. I'll make money wherever the market goes, even if we stay sideways for the next while. As for you, I only hope we go into recession and you have your whole farm leveraged, so that you'll be so broke that you can't afford a computer to post this BS. Stop living in a dream world, i.e. your imaginary house on the mountains overlooking the city lights. I'll be livin it. Peace.
Keep sitting on the fence filled with doubts and regrets that life has passed you by without much to show for.. Same old couch to refrigerator existence and pounding that keyboard. We are smarter than you are Uncle Ho, a whole lot smarter than you probably will ever become. You keep renting one -bedroom apartments and paying taxes to Uncle Sam flushing money down the drain and have nothing to show for in life. There is nothing imaginary about me. I have been in real estate for a long time...Now I am posting from my beautiful balcony overlooking a green vista of trees and shrubs and not a single human being in sight.. Ahhh how jealous you can be? Jealous because you are timid and afraid to take a plunge and afraid of failures and depressed and negative about life. Its all starts from your brains..
Things are constantly improving..Its not as bad as they make it look like... The Titanic hasn't hit the iceberg yet..
Pipe down a@s clown. One EMERGENCY rate cute and a couple days of short covering don't change the housing crisis and the impending credit card fiasco. Change the banckruptcy laws, double credit card payments, and balloon arms on mortgages. Americans have been suckered right into servitude to George and his puppetmasters. Apply the true value of the us Dollar to the S&P 500 average over the last seven years and what type of market do you really have?
LMAO You must be a small timer. No one posts like you if they had anything to thier name. I had my best year last year, and am on pace for a better one this year. I dont come to ET to brag about how well I do, I come to learn from others and expand my capacity for learning. What you do is a waste of time. I am waiting like a lion stalking a gazelle cause I know that some of the oppurtunity that we have in front of us is once in a lifetime. I wasnt dumb enough to jump in 1 year ago, 6 months ago, or 3 months ago. I will continue to wait for my longer term 10-20 year investments untill the market proves itself. Quit living in a dream world *not a hedgefundetrader2. Leave the bigger dreams for those of us who can actually accomplish them, not for the lament, no-minded bull spammers like you and stock turd3r.
This is not one emergency cut. There is a whole lot done lately. Unless you are ignorant no point repeating the stuff.
Go compare the "whole lot done lately" to the whole lot done in 1929-1931 you'll see some alarming similarities. I'm sure you won't take the time to actually observe the entire picture though. Enjoy your pitcher of GEorge's Kool-aid on your picturesque balcony.
Hedgefundtrader2, you are no better nor lower than the spam I get in my mail. Maybe a little more funny, but no better. You talk talk talk all day and never post trades, never say anything insightful, just spam the forums with your bullish rhetoric. We are in a bear market, I have 0% of my net worth invested in the stock market. If we go lower I may consider buying for value 5-10 years down the line, but to invest now would be the dumbest thing one can do. This week I plan to invest a large chunk of my portfolio into shorting the 20 year notes, and 30 year bonds. If the market stabalizes or goes higher, I will make money on that play. I bought the US dollar index lightly at an averaged price of 72.15, and we will see how that works out, if it goes lower I will buy more. I have been watching some various stocks for the past 6 months waiting to jump in when I feel ready. I am going to buy NYX if it gets into the mid $50 range, CME if it gets below $400, GOOG if it gets below $400, AAPL if it gets into the $80-$100 range, and I am taking a shot on the credit market by planning to buy ETFC 2010 $5 calls in the range of $1-$1.30. If my prices are not met, I don't buy. I am a trader first and formost, but if any of these stocks get in these ranges, I see good value in the long haul as an investment. These are my trades that I openly post to ET, What are yours? Or are you and stock_turd3r all talk?
I was doing the same comparison and then stopped, as there were too many differences to make the comparison worth trading from.