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Page 12. Be careful out there. http://entropymag.org/wp-content/uploads/2014/05/apocalypse_by_sethpda-d33hvxo.jpg View Quote I'm hiding in Havana. I'm a desperate man.Send Lawyers,guns,and money. |
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I wouldn't waste my breath talking to the mocking fools in this thread. It's as if the people with the condescending attitudes in here somehow didn't live through 2007-2009 -- it's amazing. This Greece situation could easily end up being a Lehman 2.0 moment and then some. It usually takes time to establish a market trend and we are likely at or near the top. We'll know with some certainty in about 6 months or so after we've put in some lower highs and lower lows. My bet is that the top is in. Did I call it, or did I call it? I don't know, did you? You're the one chiding "hysterical people do not understand economies or markets." I simply stated that I personally believe the top is in and this Greece situation has the potential to be a bigger deal than people think -- e.g. a Lehman 2.0-type moment. Feel free to point out the "hysteria" in that comment... Anyone who knows anything about markets and economies knows it takes a lot more than a day or night, a week or two, or even a month or two to establish a legitimate trend. Based on your highlight above, I guess you don't find that assessment to be reasonable? The people who have no clue about how markets or economies work are the same ones who at the time, thought Lehman was a non-event just like this Greece situation is a "non-event". It's not so much about Greece per se, but about the ripple effects and the implications. Regardless, the ones mocking anyone who raises justifiable concerns about it possibly being something more than a non-event, are the ones who come across as being childish at best and completely clueless at worst. |
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You have to remember that the tone of the thread was set by a self-professed market guru proclaiming that the markets were going to collapse last Monday.
I know that some of you take criticism of doomers personally, but get over yourselves. That was some funny shit and worthy of ridicule. |
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weird.. my portfolio is up .32% so far this morning not much but up none the less.. maybe the crash is after lunch?
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This market has been a fairy tale for a long time, supported by borrowed money, buybacks, HFT computers and the FED.
If you believe in go for it, but when the real selling starts Katie bar the door. |
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I don't know, did you? You're the one chiding "hysterical people do not understand economies or markets." I simply stated that I personally believe the top is in and this Greece situation has the potential to be a bigger deal than people think -- e.g. a Lehman 2.0-type moment. Feel free to point out the "hysteria" in that comment... Anyone who knows anything about markets and economies knows it takes a lot more than a day or night, a week or two, or even a month or two to establish a legitimate trend. Based on your highlight above, I guess you don't find that assessment to be reasonable? The people who have no clue about how markets or economies work are the same ones who at the time, thought Lehman was a non-event just like this Greece situation is a "non-event". It's not so much about Greece per se, but about the ripple effects and the implications. Regardless, the ones mocking anyone who raises justifiable concerns about it possibly being something more than a non-event, are the ones who come across as being childish at best and completely clueless at worst. View Quote View All Quotes View All Quotes Quoted:
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I wouldn't waste my breath talking to the mocking fools in this thread. It's as if the people with the condescending attitudes in here somehow didn't live through 2007-2009 -- it's amazing. This Greece situation could easily end up being a Lehman 2.0 moment and then some. It usually takes time to establish a market trend and we are likely at or near the top. We'll know with some certainty in about 6 months or so after we've put in some lower highs and lower lows. My bet is that the top is in. Did I call it, or did I call it? I don't know, did you? You're the one chiding "hysterical people do not understand economies or markets." I simply stated that I personally believe the top is in and this Greece situation has the potential to be a bigger deal than people think -- e.g. a Lehman 2.0-type moment. Feel free to point out the "hysteria" in that comment... Anyone who knows anything about markets and economies knows it takes a lot more than a day or night, a week or two, or even a month or two to establish a legitimate trend. Based on your highlight above, I guess you don't find that assessment to be reasonable? The people who have no clue about how markets or economies work are the same ones who at the time, thought Lehman was a non-event just like this Greece situation is a "non-event". It's not so much about Greece per se, but about the ripple effects and the implications. Regardless, the ones mocking anyone who raises justifiable concerns about it possibly being something more than a non-event, are the ones who come across as being childish at best and completely clueless at worst. You know, that's what I like about you doomers. No matter how many times you're wrong, you just keep on pushing forward with your insane theories, facts be darned. Perseverance. You don't see it much any more. |
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I'm hiding in Havana. I'm a desperate man.Send Lawyers,guns,and money. View Quote View All Quotes View All Quotes Quoted:
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Page 12. Be careful out there. http://entropymag.org/wp-content/uploads/2014/05/apocalypse_by_sethpda-d33hvxo.jpg I'm hiding in Havana. I'm a desperate man.Send Lawyers,guns,and money. Dude sweet Warren Zevon reference. |
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I wouldn't waste my breath talking to the mocking fools in this thread. It's as if the people with the condescending attitudes in here somehow didn't live through 2007-2009 -- it's amazing. This Greece situation could easily end up being a Lehman 2.0 moment and then some. It usually takes time to establish a market trend and we are likely at or near the top. We'll know with some certainty in about 6 months or so after we've put in some lower highs and lower lows. My bet is that the top is in. Did I call it, or did I call it? I bet the people predicting the crash and end of the Amsterdam Stock exchange for the last 400 years are going to be right one of these times. |
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I bet the people predicting the crash and end of the Amsterdam Stock exchange for the last 400 years are going to be right one of these times. View Quote View All Quotes View All Quotes Quoted:
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Did I call it, or did I call it? I bet the people predicting the crash and end of the Amsterdam Stock exchange for the last 400 years are going to be right one of these times. Thursday. Amsterdam collapses on Thursday. |
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Sort of my feelings....will there be a hit? Probably but the market has programmed this in. View Quote View All Quotes View All Quotes Quoted:
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The Greek "CRISIS"!!!!!111!!! has been going on for what, 7 years now? Sort of my feelings....will there be a hit? Probably but the market has programmed this in. Idiots will panic, then eventually people will realize the Greek economy is worth less than an handful of Fortune 500 countries or a couple of small New England states. In the big picture, this is really just a bunch of tight wads arguing over tip money. |
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Thursday. Amsterdam collapses on Thursday. View Quote View All Quotes View All Quotes Quoted:
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Did I call it, or did I call it? I bet the people predicting the crash and end of the Amsterdam Stock exchange for the last 400 years are going to be right one of these times. Thursday. Amsterdam collapses on Thursday. Definitely!! ... and if not Thursday, then definitely "in 6 months" (TM). |
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Definitely!! ... and if not Thursday, then definitely "in 6 months" (TM). View Quote View All Quotes View All Quotes Quoted:
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Did I call it, or did I call it? I bet the people predicting the crash and end of the Amsterdam Stock exchange for the last 400 years are going to be right one of these times. Thursday. Amsterdam collapses on Thursday. Definitely!! ... and if not Thursday, then definitely "in 6 months" (TM). Well, yeah. I didn't say which Thursday. Gotta leave myself wiggle room when my prediction fails. |
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March it topped out in the 18,300 area, it failed to break above that in May and hold. First line of real support is 17165 area. View Quote View All Quotes View All Quotes Quoted:
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This market topped out in March. Explain? March it topped out in the 18,300 area, it failed to break above that in May and hold. First line of real support is 17165 area. You're simply wrong. Most recent peak was in May. |
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March it topped out in the 18,300 area, it failed to break above that in May and hold. First line of real support is 17165 area. View Quote View All Quotes View All Quotes Quoted:
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This market topped out in March. Explain? March it topped out in the 18,300 area, it failed to break above that in May and hold. First line of real support is 17165 area. Go find the 1979 business week article about the death of equities, or the exonomist in 1999 predicting permanent $5-$10 oil. For those afraid of 08-09 crash, business failings only hit a 16 year high, pretty fucking good for a major recession. LESSON OF THE STORY: Shit happens, Cycles Happen, and perpetually routing for an economic collapse just to satisfy your ego is borderline sociopathic. Eta: some of you should talk to some people I know who have been wrong in hilarious ways Dr Ravi Batra and his book about the coming economic collapse of 1990 among the places to start. |
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You have to remember that the tone of the thread was set by a self-professed market guru proclaiming that the markets were going to collapse last Monday. I know that some of you take criticism of doomers personally, but get over yourselves. That was some funny shit and worthy of ridicule. View Quote Roger that. However, there's been 12 pages of discussion since then -- some of it good, some it more of the same. I fail to see how calling a top when we're at or near all time highs equates to "doom". If someone else has called for "collapse" (I haven't read all 12 pages) that's on them -- I simply have not. This market is clearly not driven by fundamentals, which is concerning considering its current valuations. |
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Folks that are terrified or even overly concerned about market upheaval probably shouldn't be in the market to begin with...
Diversify. Hold some tangible assets. Keep enough cash on hand to weather these market squalls. In fact if you're wise you'll keep enough liquid or semi-liquid assets to weather a market hurricane. Finally.....these types of blips, when they happen, often create buying opportunities. |
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Folks that are terrified or even overly concerned about market upheaval probably shouldn't be in the market to begin with... Diversify. Hold some tangible assets. Keep enough cash on hand to weather these market squalls. In fact if you're wise you'll keep enough liquid or semi-liquid assets to weather a market hurricane. Finally.....these types of blips, when they happen, often create buying opportunities. View Quote I was actually hoping for a slightly larger drop last Monday than the ~2% we got, because it would have triggered some buy orders. |
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Roger that. However, there's been 12 pages of discussion since then -- some of it good, some it more of the same. I fail to see how calling a top when we're at or near all time highs equates to "doom". If someone else has called for "collapse" (I haven't read all 12 pages) that's on them -- I simply have not. This market is clearly not driven by fundamentals, which is concerning considering its current valuations. View Quote View All Quotes View All Quotes Quoted:
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You have to remember that the tone of the thread was set by a self-professed market guru proclaiming that the markets were going to collapse last Monday. I know that some of you take criticism of doomers personally, but get over yourselves. That was some funny shit and worthy of ridicule. Roger that. However, there's been 12 pages of discussion since then -- some of it good, some it more of the same. I fail to see how calling a top when we're at or near all time highs equates to "doom". If someone else has called for "collapse" (I haven't read all 12 pages) that's on them -- I simply have not. This market is clearly not driven by fundamentals, which is concerning considering its current valuations. There is a LOT of funny math in the market right now, however: There's also a lot of genuine business growth. This growth, in my opinion, happened in spite of Obama. In 2008, we learned to get more done with less. We (US Business) refined processes, we invested in training for key personnel, we learned to leverage offshore opportunities for menial work. We cut costs and maintained productivity in a very difficult environment. We worked a lot of fucking hours. 2008 taught my generations' management graphically that shit happens. We learned productive paranoia. We learned to build cash buffers and we learned to test new initiatives carefully before committing. We learned that hiring one GREAT employee offsets 5 average employees. We learned that there's no such thing as being underemployed. The market is a pretty good indicator of your personal worth. All these things are genuinely helping the US Economy, far more than any bullshit that's coming from government. |
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You're simply wrong. Most recent peak was in May. View Quote View All Quotes View All Quotes Quoted:
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This market topped out in March. Explain? March it topped out in the 18,300 area, it failed to break above that in May and hold. First line of real support is 17165 area. You're simply wrong. Most recent peak was in May. Exactly, and it was a failed breakout on terrible volume. |
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After careful computation, my net worth is down 0.000391% since market open.
It's a good thing there is a bridge nearby to jump off if this express train to hell continues. |
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WEEK 2 of the Market Collapse 2.0
I cannot believe it was only ten days ago that the DOW was at 17,946. With the DOW now completely collapsed to 17,683, it seems so far away. I cannot even imagine how (of even if) we will ever see those exuberant highs again. |
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I hope this thread goes for 100 pages.
All of which involve the market going up and people badgering the OP. Then I hope the market makes a correction (to a higher level than last week) and the OP comes back and says "I told you so". |
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Sure do. Only because it makes no sense. Nothing does anymore. View Quote View All Quotes View All Quotes Quoted:
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I predict the DOW will go up a couple of hundred points on Monday. Greece is going to default and you think the market is going to rise that much? Sure do. Only because it makes no sense. Nothing does anymore. |
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I hope this thread goes for 100 pages. All of which involve the market going up and people badgering the OP. Then I hope the market makes a correction (to a higher level than last week) and the OP comes back and says "I told you so". View Quote Indubitably. The people who have been claiming that the market is totally collapsing RIGHT NOW (or maybe in 6 months) since 2008, will totally take ANY drop in the market - as part of the natural cyclical nature of these things - as validation of their hysterical claims. That's how delusion works. |
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WEEK 2 of the Market Collapse 2.0 I cannot believe it was only ten days ago that the DOW was at 17,946. With the DOW now completely collapsed to 17,683, it seems so far away. I cannot even imagine how (of even if) we will ever see those exuberant highs again. View Quote Had to cook Saturday's meal over an outdoor fire. Slept with the sounds of artillery detonations nearby. Grim times. |
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It will be funny to see who is swimming naked here when the tide rolls out.
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I made back my .001% lost in yesterdays down turn... I can breathe easy....for now.
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Warren Buffett just donated $2.8 billion to 5 foundations
Business Insider Coincidence? I think not. He knows we're all about die! |
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Quoted: Greek talks have failed, EU is scrambling to do damage control This is going to be bad. I predict DOW goes to 10,000 minimum I hope everyone sold all their stocks on Friday View Quote |
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DOW -156 ...still a long way to go to 10,000 as OP predicted. I think we will be waiting for awhile. View Quote View All Quotes View All Quotes Quoted:
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Where is OP? DOW -156 ...still a long way to go to 10,000 as OP predicted. I think we will be waiting for awhile. Market trend is down. We are close to entering bear markets. Key levels to watch are 200 on SPY. If it breaks that level then look out below |
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LOL... Read this weekend that Greece has roughly the same GDP as Connecticut. Do you have any idea how little commerce Connecticut has compared to the rest of the United States? View Quote View All Quotes View All Quotes Quoted:
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It will be funny to see who is swimming naked here when the tide rolls out. LOL... Read this weekend that Greece has roughly the same GDP as Connecticut. Do you have any idea how little commerce Connecticut has compared to the rest of the United States? Where did I say this has anything to do with Greece? |
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