Do you understand why it will be difficult to have 2 negative qtrs? If you don't, you should really think about basic econ.
For the last 3 months people have been so negative and filled with doom and gloom they killed the SPX, NDX charts ! Murdered GOOG, AAPL, BIDU, RIMM and host of other stocks. It will take another 3 months to get them back where they were. We waited keenly to see if this quarter is going to go negative to signal a recession. The GDP number came in at 0.60 positive today! That closed the case for the possibility of a recession in the next 6 months! GOLDMAN SACHS was the first voice in the institutional traders box that raised this specter of a recession. Remember that? It was those dark days of January and you were not feeling so good? Did they not put a bald faced lie to you? You swallowed that bait hook line and sinker didn't you? Not only this ALAN GREENSPAN AND WARREN BUFFET are on record telling American public about an impending recession! None of these loudmouths can prove or substantiate anything to the public. They have done nothing but scared a bunch of dillwadd delusional psychos to the depths of insanity! I ask you a question: Why are you so weak? What the worst that can happen to you? Do you realize you almost killed your own ability to make a living?
The only person who seems to be unable to make a living in a down market is you. You seem to be paralyzed with fear about the market going down instead of profiting from it - and yet you call others weak?!?
HFT2 just reminds me of the "Jim Cunningham" character from Donnie Darko <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/S4bqbA2NHFQ&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/S4bqbA2NHFQ&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object>
Everyone has its own talents. I tried shorting POT today it stopped me out 2 times. Well as you know the Fed inspired rally was blowing me away. The stock moved higher and I went long. There was reversal hammer or doji in place on daily charts. You look it up in the charts I was trying to short POT at 180 going down and it worked for a little while than stop losses were set at 179.90 which is 10 cents below my short and it blew them twice. I know how to short, but I am not great at it. There is no fear being paralyzed as such. You are absolutely wrong. You pick on me to level yourself when you lose on the main arguments because you lack TRUTH and POWER OF LEGITIMACY on your side.
Thanks HedgefundTrader2 for the reply. You said above on 26 April. Now, it is May and Wednesday is over. Please give the figures for GDP. Thanks.
Please read below, looks interesting: http://www.forbes.com/2008/06/05/sm...nt-fin-cx_jw_0605recession.html?partner=links http://www.forbes.com/2008/06/05/un...t-oped_meb_0606unsolicited.html?partner=links
"Where is the recession? Show me ?" How about now? Still no sign of the recession? He, he ... I told you back in March to buy puts and sell calls on every rally. You said you had some hard data to prove that there is no recession or inflation. You said that those trades will never work out. You said that according to the "hard data" you expect the "biggest rally" ... How is that data working for you? I am back to my jury duty. Will be cashing on my Aug puts soon!