Started By
Message

re: Dont let today's fools gold fool you.

Posted on 9/6/11 at 8:59 pm to
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/6/11 at 8:59 pm to
quote:

My non-technical mind thinks saying it will top at 1220 and it topping at 1231 or whatever is not a big deal.


Generally I'd agree. Maybe I'm not reading his posts with the right mindset. I just thought his statements were pretty absolute and his defense of them ignore reality. especially when he says he called the high in may and ignores the fact that we exceeded that in july.

He even said
quote:

Now if it goes up to 1221 feel free to call me an idiot.


What does he expect?

Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/6/11 at 9:16 pm to
Haha, indeed. You ask for it you get it.
Posted by McManus
Member since Sep 2011
38 posts
Posted on 9/8/11 at 12:41 am to
Been following the board for some time, and I finally decided to join.

Baylor, don't let the negative posts bother you. I really enjoy reading what your guy has to say.

As far as hitting 1,220, the S&P still has not CLOSED at that point, since your prediction.

Highest close was 1,218.89 on 08/31/2011. Many investors are just in mutual funds, and the only value that matters is the Closing value, which still has not reached 1,220.

Please continue to keep us posted as to what your guy is saying.
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/8/11 at 10:26 am to
I've got a bad feeling about the speech tonight and it's effects on the market. I might pull out and wait for the dust to settle.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10713 posts
Posted on 9/8/11 at 10:52 am to
quote:

What does he expect?


For people to understand if they followed Baylor's lead they would have escaped a shite load of volatility in Aug, continuing into Sept, and retained gains earned YTD/May. I think any technical investor would have been very happy to see the numbers forecasted match closely to what occurred over 3-months when contrasting that with what has happened in the world and markets over the summer.

I am not a believer in people investing for retirement to blindly adhere to "x" percent of equity in all market conditions, but I can't totally exit the equity markets w/o a large tax hit, either, hence my current low percentage equity level.
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/8/11 at 10:57 am to
quote:

I think any technical investor would have been very happy to see the numbers forecasted match closely to what occurred over 3-months


His numbers have been 800, 1000, 1100 on the low end and 1180, 1220 and ~1350 on the high end. The only mark he has gotten right is that we would surpass 1180. The only other two that are within his post achieving margin of error are 1220 and 1100. We surpassed the high he said we would not pass in may in July. So please forgive me for questioning how right he was.

To be clear, I do not know where we are headed. The only prediction I agree with so far was posted by Chad.
This post was edited on 9/8/11 at 11:00 am
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/8/11 at 11:07 am to
Giving politicians way way way too much credit brah. Everyone will be watching saints-packers anyway.
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/8/11 at 11:09 am to
quote:

Everyone will be watching saints-packers anyway.


I was planning on putting it all on the packers.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/8/11 at 11:13 am to
As a Saints fan I hate you, as a betting man I don't disagree with you. I dont expect them to win, have not looked at the spread, but just like LSU, I won't ever bet against them.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10713 posts
Posted on 9/8/11 at 11:14 am to
quote:

His numbers have been 800, 1000, 1100


I don't have time to re-read thru the entire thread again, but my recollection was the down to 800-900 could be reached by YE, not on 9/7. My memory could be suffering from fail, but that is my recollection.

Still, 1345 > 1199, and he didn't have to visit 1119 to get back to 1199. Don't get me wrong as I like to beat on market pundits with the best of them. This scenario is somewhat similar to 5/2008 when I was faced with a difficult decision and got it mostly right but still cost me a lot of money shorter term.
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/8/11 at 12:50 pm to
quote:

As a Saints fan I hate you


As a falcons fan
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89103 posts
Posted on 9/8/11 at 12:55 pm to
quote:

As a falcons fan


Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/8/11 at 1:05 pm to
I hope Turner scores thirty touchdowns and you go 0-16.
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/8/11 at 1:13 pm to
quote:

hope Turner scores thirty touchdowns and you go 0-16.


I have the same hope for mark ingram/Pierre Thomas
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/8/11 at 1:18 pm to
You drafted both of them? Poor strategy imo.
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/8/11 at 1:22 pm to
quote:

Poor strategy imo


True. Saints suck. But other than that, why would have a strong, veteran back up be a problem for a rookie who hasn't played a down?
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89103 posts
Posted on 9/8/11 at 1:37 pm to
matty melt

Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/8/11 at 1:59 pm to
They're on the same team...?
Posted by C
Houston
Member since Dec 2007
28163 posts
Posted on 9/8/11 at 2:05 pm to
quote:

They're on the same team...?


ones on the bench
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 9/8/11 at 2:07 pm to
I would be surprised if they don't have extremely similar number of carries, namely, half as many as a RB who is a primary starter. :shrug:
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