- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
I got out of equities on Thursday because of advice from someone I respect
Posted on 5/16/11 at 4:00 pm
Posted on 5/16/11 at 4:00 pm
And so far 2 down days in a row. The biggest 2 day drop in over a month.
Is this the start of the bear market?
Is this the start of the bear market?
4
Posted on 5/16/11 at 4:09 pm to Baylor
quote:
I got out of equities on Thursday because of advice from someone I respect
You should probably respect them a little less if they made some broad and ambiguous suggestion like that. Did he give any reason for getting out of every single equity?
Being down 175 BPs is not exactly earth shattering, even though it was a good trade.
What did he tell you to hold your money in?
Posted on 5/16/11 at 4:14 pm to Baylor
I hope he's wrong. I just made my second-ever options trade (calls) and I want the love affair to continue.
Posted on 5/16/11 at 4:20 pm to RedStickBR
Gave me plenty of reasons.
He was also the one that told me in late Jan 09 to get big into equities. That worked out well.
He is a close watcher of insider buying and selling.
He said the insider selling right now just hit is trigger for the start of a bear market.
Once enough of the 10% of smart money gets out, that sends a signal for a bear market.
He had the opposite signal in Jan 09 when the insiders were buying more then selling.
He also gave me a bunch of other reasons
He was also the one that told me in late Jan 09 to get big into equities. That worked out well.
He is a close watcher of insider buying and selling.
He said the insider selling right now just hit is trigger for the start of a bear market.
Once enough of the 10% of smart money gets out, that sends a signal for a bear market.
He had the opposite signal in Jan 09 when the insiders were buying more then selling.
He also gave me a bunch of other reasons
Posted on 5/16/11 at 8:03 pm to Baylor
Please share. I am in no way saying he is wrong, in fact I am kind of bearish, but that's a very bold statement. There are plenty of smart people on both sides of the aisle.
Are you all in bonds? Do you think your interest rate risk is acceptable for a tactical/ speculative move like this?
Are you all in bonds? Do you think your interest rate risk is acceptable for a tactical/ speculative move like this?
Posted on 5/16/11 at 9:26 pm to Baylor
if anything, a pullback or a scare probably puts QE3 in the headlights and as long as the Fed controls the markets, you should be a buyer. Not saying there wont be some pulbacks, but investors are being forced into equities for any amount of return. be ready to buy to make our current trade worthwhile.
Posted on 5/17/11 at 2:08 pm to Baylor
I wish you would have shared the motivations that made you pull out. I do not understand why people do that.
You still have time to share. I am always looking for a reason to buy TZA for a few days.
You still have time to share. I am always looking for a reason to buy TZA for a few days.
Posted on 5/17/11 at 2:24 pm to TheHiddenFlask
Well first off I rely on people in my circle who have more knowledge then I about such subjects as this. These people have tremendous influence over my decisions on subjects that I am not as versed on as them.
This person has done me well over the years.
1st off, hes rich, and im not talking OT rich.
Told me to get in late Jan 09, and told me to get out last Wednesday.
Without knowing the extreme details of the way, I can tell you what I know on a very shallow level.
He is basically an insider watcher.
He has a way of finding out what the true insiders are doing in the stock market.
And this goes much deeper then just going to yahoo and reading form 4 files.
He has custom charts that he has made up in his mansion office that he has been using for years.
He is not day trader or even a swing trader.
He is a market timer either longs or shorts the market for long periods of time.
He does not try to profit from every little dip or movement in the market.
He bases everything off of the S&P 500 buys at the bottom and sells at the top.
And based on his insiders formula he showed me how the insiders have been selling into the publics buying for the last year and just now its finally got to the point of the insiders have everything sold off that they want to have sold off.
The last dollar has been pulled from the ponzi and the rug is ready to be pulled.
I dont know the deep details as he does, but I have learned not to try to become an expert at everything. Just take the advice of the proven people you know who are the experts with no agenda's.
He says he is not able to see more then 6 months ahead, so he has no idea when it will be time to get back in. But by the time it is time to get back in he will know if that makes sense.
This person has done me well over the years.
1st off, hes rich, and im not talking OT rich.
Told me to get in late Jan 09, and told me to get out last Wednesday.
Without knowing the extreme details of the way, I can tell you what I know on a very shallow level.
He is basically an insider watcher.
He has a way of finding out what the true insiders are doing in the stock market.
And this goes much deeper then just going to yahoo and reading form 4 files.
He has custom charts that he has made up in his mansion office that he has been using for years.
He is not day trader or even a swing trader.
He is a market timer either longs or shorts the market for long periods of time.
He does not try to profit from every little dip or movement in the market.
He bases everything off of the S&P 500 buys at the bottom and sells at the top.
And based on his insiders formula he showed me how the insiders have been selling into the publics buying for the last year and just now its finally got to the point of the insiders have everything sold off that they want to have sold off.
The last dollar has been pulled from the ponzi and the rug is ready to be pulled.
I dont know the deep details as he does, but I have learned not to try to become an expert at everything. Just take the advice of the proven people you know who are the experts with no agenda's.
He says he is not able to see more then 6 months ahead, so he has no idea when it will be time to get back in. But by the time it is time to get back in he will know if that makes sense.
This post was edited on 5/17/11 at 2:26 pm
Posted on 5/17/11 at 3:10 pm to The ATL
quote:
QE3
The keystone in my opinion. June is going to be rough.
Posted on 5/17/11 at 3:34 pm to ccomeaux
He told me QE was a tool for the insiders to have enough liquidity to get out of there positions in a profitable way.
QE is done, and no longer needed.
QE is done, and no longer needed.
Posted on 5/17/11 at 3:55 pm to Baylor
So where did you put you're money? You sold ALL of your equities?
So besides buying in '09, how many times have you followed this person's advice?
So besides buying in '09, how many times have you followed this person's advice?
Posted on 5/17/11 at 3:58 pm to Baylor
Thanks man. I know intentions don't really come through on message boards that well, but making a bold statement like that always requires back up.
I was just looking for clarification.
What are you holding your assets in now?
I was just looking for clarification.
What are you holding your assets in now?
Posted on 5/17/11 at 4:07 pm to TheHiddenFlask
Yes I sold 100% of all equities waiting for further instructions.
Posted on 5/17/11 at 4:15 pm to Baylor
So all in cash?
Posted on 5/17/11 at 4:42 pm to TheHiddenFlask
yes im all cash,but he is not in all cash. I dont have the knowledge to buy in to everything he bought into yet.
He is one of those busy type people you dont want to aggravate with a lot of pesky questions.
You just try to get as many crumbs as you can from him without being a pest.
Im sure everyone knows someone like that.
He is one of those busy type people you dont want to aggravate with a lot of pesky questions.
You just try to get as many crumbs as you can from him without being a pest.
Im sure everyone knows someone like that.
This post was edited on 5/17/11 at 4:43 pm
Posted on 5/17/11 at 4:47 pm to Baylor
Gotcha.
Posted on 5/17/11 at 8:23 pm to Baylor
quote:
just now its finally got to the point of the insiders have everything sold off that they want to have sold off.
sounds like it's time to go up then no ?
Posted on 5/17/11 at 9:10 pm to Baylor
quote:
He told me QE was a tool for the insiders to have enough liquidity to get out of there positions in a profitable way.
QE is done, and no longer needed.
not to quibble, but QE has nothing at all to do with insiders or geting out. In fact, it has everything to do with getting in.
QE is designed for asset inflation to make people feel good (artificially) and to all banks to recapitalize.
Whether or not QE is done or not, i do not know, However, it is needed and needed badly. The Fed has to keep rates low or the housing mkt is totally srcewed and badly. Too many interest only 5,7 yr ARM's are coming due to people who have no means at all to carry a higher mortgage.
Maybe there was a misunderstanding between you and your friend.
Posted on 5/17/11 at 9:16 pm to The ATL
Well then let the housing market be screwed. It's been ridiculously overinflated for the past 10 years anyway.
Page 1 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News