| Posted by | Message |
Flashback 
LSU Fan
wishing I had a fishing shirt
Member since Apr 2008
929 posts
| re: Dont let today's fools gold fool you. (Posted on 11/2/11 at 7:19 pm to Fat Bastard)
The problem with those inverse ETFs that Baylor was touting is that they decay if the market moves too much in the upward direction. He's probably ok if he bought at 1220 right now but if the S&P moves up another 100, he's going to have trouble recouping without a dramatic turn in the other direction.
|
| Back to top | |
JPLSU1981
LSU Fan
Baton Rouge
Member since Oct 2005
15896 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 10:46 am to JPLSU1981)
haven't seen this thread in a while.
|
| Back to top | |
Chad504boy 
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
64778 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 10:49 am to JPLSU1981)
1284 HOLLA
|
| Back to top | |
LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63203 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 11:48 am to Baylor)
quote:
You will not see over 1220 reached again until after it goes below 800.
Bookmark that statement.
I cant be anymore clear then that.
No, sir, you CAN'T be any more clear than that....
This post was edited on 1/3 at 11:53 am
|
| Back to top | |
TheOcean 
Florida State Fan
Tampa Bay, FL
Member since Aug 2004
23261 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 12:06 pm to LSURussian)
|
| Back to top | |
Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
64778 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 12:13 pm to LSURussian)
quote:
No, sir, you CAN'T be any more clear than that....
He forgot his 7.5% margin of error.
|
| Back to top | |
TheHiddenFlask 
Clemson Fan
The Welsh red light district
Member since Jul 2008
16382 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 12:35 pm to Chad504boy)
This thread needs to be remembered next time someone accuses us of being bullies.
This guy convinced some idiots that he knew something when it was obvious he didn't. He offered no facts or justification, but people still took his advice.
The worst part is that these guys always go off into the night, never to be seen again, if they are right, they gloat and call everyone else fools.
|
| Back to top | |
JPLSU1981
LSU Fan
Baton Rouge
Member since Oct 2005
15896 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 1:38 pm to TheHiddenFlask)
In his defense, I do believe he actually thought he had some insider knowledge/information of what was to come. He actually believed in his mind what he was being told was 100% going to happen.
Of course, as we all know, there's no such thing as a sure bet - especially in the shortRun - in the markets. And that's the reason he got so much criticism from many in this thread.
It's one thing to say..." I really think ____ is going to happen, but of course there's no way to know for sure."
It's a completely different animal when someone says "My guy tells me this stuff, he has never been wrong, I guarantee you this will happen. I WILL NOT be wrong. I will be laughing all the way to the bank because there is no doubt I am right and I can't be any clearer."
This post was edited on 1/3 at 1:40 pm
|
| Back to top | |
foshizzle
LSU Fan
Member since Mar 2008
25097 posts
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 8:22 pm to JPLSU1981)
quote:
In his defense, I do believe he actually thought he had some insider knowledge/information of what was to come. He actually believed in his mind what he was being told was 100% going to happen.
Most of them do believe they are right. This is no defense, it just means they are honest fools instead of charlatans. Often the former is more dangerous because they really do believe what they say.
|
| Back to top | |
Janky
LSU Fan
Team Primo
Member since Jun 2011
2512 posts
 Online
| re: Dont let today's fools gold fool you. (Posted on 1/3/12 at 9:05 pm to foshizzle)
quote:
Most of them do believe they are right. This is no defense, it just means they are honest fools instead of charlatans. Often the former is more dangerous because they really do believe what they say.
Like Obama . Oh sorry, wrong board.
|
| Back to top | |
Fat Bastard
New Orleans Saints Fan
Paradise
Member since Mar 2009
13454 posts
| re: Dont let today's fools gold fool you. (Posted on 1/4/12 at 12:11 pm to Janky)
ok, who in the hell bumped this damn thread?
|
| Back to top | |
TheHiddenFlask
Clemson Fan
The Welsh red light district
Member since Jul 2008
16382 posts
| re: Dont let today's fools gold fool you. (Posted on 2/15/12 at 5:49 pm to Baylor)
quote:
I would suggest getting in large on SH,SDS
and URPIX. This bear market will be very choppy.
Today is a good opportunity to prepare for the the fall down to the 1000 level.
If you have a margin account you can also short
SPY and SSO to put the slippage in your favor.
Im told that we will be hitting the 1000 point mark in as few as 15 trading days.
If this happens and you are in one of the above it will be very profitable.
Good luck.
Bump.
|
| Back to top | |
notiger1997
Member since May 2009
17043 posts
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 12:56 pm to TheHiddenFlask)
I took this guys advise back in 2011 and now I'm broke.
|
| Back to top | |
C
LSU Fan
The Woodlands, TX
Member since Dec 2007
17398 posts
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 1:08 pm to notiger1997)
quote:
I took this guys advise back in 2011 and now I'm broke
Man I hope you aren't serious. I did my very best...
|
| Back to top | |
notiger1997
Member since May 2009
17043 posts
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 1:10 pm to C)
quote:
Man I hope you aren't serious. I did my very best...
Oh hell no.
I saw where Russian linked this thread in the other discussion, so I thought it would be funny to bump it up.
This post was edited on 3/5 at 1:31 pm
|
| Back to top | |
AUtigerNOLA 
Auburn Fan
New Orleans, LA
Member since Apr 2011
5106 posts
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 1:24 pm to notiger1997)
Wow.
This post was edited on 3/5 at 1:28 pm
|
| Back to top | |
JPLSU1981
LSU Fan
Baton Rouge
Member since Oct 2005
15896 posts
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 1:54 pm to AUtigerNOLA)
|
| Back to top | |
Meauxjeaux 
Memphis Fan
I have 91k posts with all my alters
Member since Jun 2005
12998 posts
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 1:57 pm to TheHiddenFlask)
quote:
If you have a margin account you can also short
SPY and SSO to put the slippage in your favor.
Apparently Baylor had to hock his PC so he can't post here anymore.
I wonder if his rich buddy could lend him some wifi time someday soon.
|
| Back to top | |
C
LSU Fan
The Woodlands, TX
Member since Dec 2007
17398 posts
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 2:14 pm to notiger1997)
Man I reread this whole thread... I really feel bad for a few folks. I hope they didn't follow him off the cliff.
quote:
saw where Russian linked this thread in the other discussion,
|
| Back to top | |
Vols&Shaft83 
Tennessee Fan
Member since Dec 2012
3196 posts
Online
| re: Dont let today's fools gold fool you. (Posted on 3/5/13 at 4:44 pm to C)
Bump. This is priceless.
|
| Back to top | |
