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Message
re: I got out of equities on Thursday because of advice from someone I respect
Posted on 6/7/11 at 8:13 pm to Fat Bastard
Posted on 6/7/11 at 8:13 pm to Fat Bastard
quote:
correct, guns, ammo, food and water are the real commodities once it hits, if it hits..
IF it was a real shtf situation, I want to have lots of little liquor bottles, soap, TP, etc to barter.
AND by the way, a young woman in need would trade just about anything for a tampax... when she needs one.
Posted on 6/7/11 at 10:48 pm to Blakely Bimbo
I exited my longs in the S&P today. I'm not liking the action after Bernanke's speech...I'll look to reenter at the 1300 level if we head back up.
Posted on 6/7/11 at 11:23 pm to Blakely Bimbo
quote:
AND by the way, a young woman in need would trade just about anything for a tampax... when she needs one.
Had a college prof in the 70s that used this as his investment strategy, only bought companys that manufactured feminine hygine products, thought the demand would always be there.
Posted on 7/7/11 at 11:14 pm to TheHiddenFlask
Posted on 7/7/11 at 11:29 pm to Baylor
another case of market timing gone wrong?
Posted on 7/10/11 at 6:26 pm to JPLSU1981
Thanks for bumping this thread. Was just about to bump it myself.
I asked my buddy about this rally and he said it will to to 1100 before it hits 1400.
No such thing as a straight line bearmarket.
See you guys in October when/If I get back in.
I asked my buddy about this rally and he said it will to to 1100 before it hits 1400.
No such thing as a straight line bearmarket.
See you guys in October when/If I get back in.
Posted on 7/10/11 at 6:34 pm to Baylor
quote:Do you mind if I bookmark this post and maybe bring it back up in about 4 weeks?
he said it will to to 1100 before it hits 1400.
Posted on 7/10/11 at 7:23 pm to Baylor
For playing like a champion: 
Posted on 7/10/11 at 7:48 pm to TheHiddenFlask
1100 per share of google?
Posted on 7/11/11 at 9:44 am to LSURussian
quote:
Do you mind if I bookmark this post and maybe bring it back up in about 4 weeks?
Why sure you can.
I believe I told everyone months ago there would be mini rallies.
He does not play every rally or dip.
Now is not the time to get back in.
Posted on 7/11/11 at 9:50 am to Baylor
Lets see, the EU comes up with a temporary solution to greece and everyone gets excited for a few weeks.
Just like the Bin Laden rally a few months ago.
We have not hit bottom yet.
That money you guys made the last few weeks is temporary unless you get it out. Its paper only.
And lets remember.
Check the date stamp on my #1 post in this thread.
I got out at the very top. I got out at the 52 week high of the S&P.
I got out even higher then where this mini rally stalled.
If you dont believe it check the date on post #1 of this thread and then look at a chart for the S&P 500. They were both on the same day.
Just like the Bin Laden rally a few months ago.
We have not hit bottom yet.
That money you guys made the last few weeks is temporary unless you get it out. Its paper only.
And lets remember.
Check the date stamp on my #1 post in this thread.
I got out at the very top. I got out at the 52 week high of the S&P.
I got out even higher then where this mini rally stalled.
If you dont believe it check the date on post #1 of this thread and then look at a chart for the S&P 500. They were both on the same day.
This post was edited on 7/11/11 at 9:53 am
Posted on 7/11/11 at 10:43 am to Baylor
quote:
Lets see, the EU comes up with a temporary solution to greece and everyone gets excited for a few weeks.
Just like the Bin Laden rally a few months ago.
We have not hit bottom yet.
That money you guys made the last few weeks is temporary unless you get it out. Its paper only.
And lets remember.
Check the date stamp on my #1 post in this thread.
I got out at the very top. I got out at the 52 week high of the S&P.
I got out even higher then where this mini rally stalled.
If you dont believe it check the date on post #1 of this thread and then look at a chart for the S&P 500. They were both on the same day.
Do you have an options account? I would think $100,000 in long dated puts could make you a couple of million if you could actually predict the future.
Does your buddy have Biff's book from Back to the Future?"
Posted on 7/11/11 at 11:09 am to John Merlyn
My buddy that gives me this info trades options and has made millions doing exactly what you are talking about.
I dont have the knowledge he has, so I just take what he tells me and I do the best I can with that knowledge.
I dont have the knowledge he has, so I just take what he tells me and I do the best I can with that knowledge.
Posted on 7/11/11 at 11:31 am to Baylor
quote:
My buddy that gives me this info trades options and has made millions doing exactly what you are talking about.
Trades solo or works for a company?
Posted on 7/11/11 at 3:13 pm to John Merlyn
Still plenty risk in the market as evidenced by today. No real conviction either way as evidenced by low volume recently. When the whales decide to take a position, the volume will pick up and the trend will be sustained.
Posted on 7/11/11 at 3:29 pm to Sid in Lakeshore
Alcoa story is interesting, they beat because analyst cut estimates hard recently. Might set up for a lot of earnings surprises, at least for cyclical/global growth firms.
Posted on 8/4/11 at 1:14 pm to kfizzle85
quote:
I asked my buddy about this rally and he said it will to to 1100 before it hits 1400. No such thing as a straight line bearmarket.
LSU RUSSIAN
quote:
Do you mind if I bookmark this post and maybe bring it back up in about 4 weeks?
Hey LSU RUSSIAN.
I thought you were going to bump this thread up in 4 weeks. I gave you over 5 weeks and I was waiting
and waiting.
Im sure you were busy.
Man this is a heck of a bull market isnt it?
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