sell! sell! sell!

[tiznow]

:lolBIG:

the problems we got coming have nothing to do with me not consuming

it has to do with people OVER CONSUMING at an unsustainable pace and on false wealth creation

and of course us who were prudent and didn't buy into it will likely end up picking up the tab for things through insane taxes under hillary and the economy falling into an abyss at the same time...

as for shorts i've said it before and i guess i'll say it again they help hold up the market as they are forced to BUY at some point, shorts don't make the markets fall my friend, lack of buying does

shorts are very healthy for financial markets they tend to fall quickly and sharply when there aren't many around to give the market an underlying bid when the bulls are freaking out and not buying...

plus shorts are skiddish/traders most of the time so they usually bail ship/buy before they should

still shooting the messanger i suppose eh cuss?

 

[cussin'it]

Like I said before, my friend, get laid, make some little Tizzies. SS needs your support.

And it's called irrational selling and chicken-little overreaction, not lack of buying. Knee-jerk spinelessness is more abundant than ever now.

 

[tiznow]

screw kids too much responsibility

and being a doom and gloomer don't feel right bringing a child into this messed up world

maybe someday that'll change

what's SS? err...social security my bad

again markets don't fall sharply because of panic selling!!! they fall because lack of buying to sop up the selling

its called a no bid free fall

 

[cussin'it]

screw kids too much responsibility

and being a doom and gloomer don't feel right bringing a child into this messed up world

maybe someday that'll change

what's SS? err...social security my bad

again markets don't fall sharply because of panic selling!!! they fall because lack of buying to sop up the selling

its called a no bid free fall

Ok, that's your personal choice. Reckon the lab rats are enough for you. But trust me, you very well may regret it someday when it's too late.

BTW, I never used the word "panic"

knee-jerk profit-taking is pretty much expected, right?

Kids tiz, kids, they make they'll make ya bullish

:toast:

 

[tiznow]

i'll be a bull when i feel the time is right

but that likely won't be for years

i'll never be a permabull or permabear

 

[Brooklynbomber]

can't tell you how happy I am to see $775 gold

I've got a fat CD coming due in a month

foreigners are not the only ones who are exiting the dollar

Now if we could just get down to around $728 that would make me very happy

 

[Hitman26]

Warren Buffet started investing in stocks with 10,000 dollars. I've never heard of a short seller having the same kind of success. The stock market is not a zero sum game.

 

[Brooklynbomber]

tiz I was a "bear" much like yourself and DAW about a year ago today, turns out i was early, or was I

interesting times

gl

 

[tiznow]

Warren Buffet started investing in stocks with 10,000 dollars. I've never heard of a short seller having the same kind of success. The stock market is not a zero sum game.

stock market obviously biased to inflation

i have longs

beer, smokes, and utilities are the bulk of them

all my longs are big companies and divy payers so if they dip to super low levels i'll be reinvesting cheap....well assuming crap doesn't completely hit the fan and the divy payments completely go away...

i don't even look at them really

i'm hedged even though i talk the short game so much

but leaning quite a bit short this point in time percentage wise

have physical gold i bought back in the 300-450 range i'll pick up more if it takes a big haircut but won't be buying more over 500 don't think...

buffet bought a ton of silver and shorted the dollar

years ago as far as recent memory goes

 

[Brooklynbomber]

Buffet is overated

I respect the guy, and follow many of his philosophies, which weren't really his to begin with, but he has made some big blunders.

namely, selling his silver at $6 (if I'm not mistaken) which 2 years later has gone up 150%

BTW silver will be at $20 this time next year. Take it too the bank

 

[eek.]

$105k was a heck of a lot of money in 1956.

Even "inflation adjusted" makes it $650k at 2007 rates.

How many 26 year olds get $500k handed to them to play with?


--------------------------
Buffett established Buffett Associates, Ltd., his first investment partnership, in 1956. It was financed by $100 from Buffett, the general partner, and $105,000 from seven limited partners consisting of Buffett's family and friends.[12]

http://en.wikipedia.org/wiki/Warren_Buffett

 

[Hitman26]

Buffet is overated

I respect the guy, and follow many of his philosophies, which weren't really his to begin with, but he has made some big blunders.

namely, selling his silver at $6 (if I'm not mistaken) which 2 years later has gone up 150%

BTW silver will be at $20 this time next year. Take it too the bank

Do you trade for a living? If you do, and you are 100% sure that Silver will increase 50% in the next year, then you should be worth at least 8 figures with this kind of info. In fact you should borrow every penny possible, sell your house, and max all of your credit cards out and leverage your money through silver futures and you can make millions with thousands and you can take that to the bank.

 

[Brooklynbomber]

Do you trade for a living? If you do, and you are 100% sure that Silver will increase 50% in the next year, then you should be worth at least 8 figures with this kind of info. In fact you should borrow every penny possible, sell your house, and max all of your credit cards out and leverage your money through silver futures and you can make millions with thousands and you can take that to the bank.

obviously it would be very foolish to put all ones eggs in a single basket

and nothing is ever 100%

rest assured though I'm loaded up heavy on silver and in the future will be searching for where I posted this so I can bump it and say LOOK AT ME EVERYBODY:lol:

 

[tiznow]

don't worry jdog this thread isn't dieing anytime soon

 

[Hitman26]

obviously it would be very foolish to put all ones eggs in a single basket

and nothing is ever 100%

rest assured though I'm loaded up heavy on silver and in the future will be searching for where I posted this so I can bump it and say LOOK AT ME EVERYBODY:lol:

When you make calls like silver will be up 50% in a year, and you are correct then you damn sure should bump away and I will be first in line to give you props. Woofy had that kind of call with gold back in 05. At the time I thought gold might perform at about 5% a year just barely beating inflation. Man was I wrong and he was right.

Jdog, do you trade for a living?

 

[Brooklynbomber]

hitman no I'm not a professional trader, I have a small business I operate. I used to daytrade extensively, however in the last year or so I've begun to invest....in any event I spend a considerable amount of time researching markets, probably too much time. I'm also a client of 2 of the best, so I'm privy to their inside shit

silver is both a commodity and money - as well as being grossly undervalued, at least in it's relation to the price of gold

truth be told there is better than a 50% chance silver hits $50 within the next 5 years. I'm sure DAW would agree

 

[Hitman26]

Ok, thanks for the reply.

 

[BetIt]

anyone think Dow ends up down at -115 is a good bet looking at what the asia market is doing right now?

 

[tiznow]

anyone think Dow ends up down at -115 is a good bet looking at what the asia market is doing right now?

nah asia doing what was expected of it following the US decline and yen unwind stabilizing for now and asia holding up okay now, bouncing a bit

plus US futures are currently in the green

 

[BetIt]

thanks for the reply...so you think over is worth a shot or no play?