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

Has more insider buying occurred?
I am curious as to what is happening or happened to cause a channelling to occur when the expectation was a more continued decline.
Disclosure: I am not short the market.

Does your friend watch precious metals or currency? does he have anopinion on whether the dollar will continue to drop or not?

Has anyone heard what the Fed will say Friday? That could cause the market to move.

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What is the general centiment

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Is that the metric equivalent of 'sentiment'?

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It's like giving 1/10th of a damn.

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I laughed.

I thought it was "2 cents".

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Some folks will claim a "good guess" after the fact though. As you know, after the fact claims are not really helpful, even in the unusual circumstance they're actually true. Generic observation, if there is something you're confident in, lay it out it when you are claiming to invest, not when you retrospectively claim to have profited.

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3 points:

1)No one on here hinted or claimed to know the magnitude of the bounce that occurred yesterday in advance or proclaimed there would be such, so people are guessing---I'm not into the hocus pocus

2) Investors can make money in assets other than equities, leveraged or not

3)The TIPS were bought @ auction in....Feb, and the 37+% is factual including the interest payment last week--no one could have accurately predicted the magnitude of gains from that point. On the contrary, people would have been looking at the anticipated real coupon and waffling on whether to buy it even if it fit a LT investment plan, future retirement need, and it's moderation of equity volatility in a portfolio. Hell, even the 10-YR issued last month is up 5%, these are f'd up times in financial markets.

I made money on VDE and SDY, added STO as a longer term hold last week, but not jumping up and down about any of it. The market gives, the market takes, I don't take any of this shite too seriously as it is fiat and at the end of the day no one knows the future. Easily cleared enough to pay for a nice 10-day vacation, though.

Investors business daily changed their outlook from "market in correction" to "market in confirmed uptrend" yesterday. They also said there are too many question marks to buy aggressively as of now.

I don't want a lecture about English from Finance majors!

Someone factor in a Cat 2 hitting NYC. Where does that leave us?

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Maybe I'm not following.

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Seriously, you realize how broad based the comment was? Where is the Tuesday, 23rd call for the big pop? Where is your magic for today/tomorrow? I am not arguing just to argue, but pseudo forecasters make money off the masses by making broad sweeping proclamations, like "for the ride up" while leaving themselves outs as to to timelines and magnitudes of moves. One day, 3 days, a week, gonna take 6-months, how much is the projected upside/downside? There is zero precision in the statement "for the ride up".

Glad you made money.

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However, after reading a lot of letters from small time CPAs, I've determined that being able to spell and form a sentence is not required for accounting.

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Especially from Bama MBA graduates I worked with. Talk about making oneself look like a dim bulb no matter the analytical skills.