View Full Version : Homersays
Homersays
06-06-2006, 02:13 PM
This will be my thread for my views on the market in the future.
Homersays
06-06-2006, 03:50 PM
Buy programs hit at 3:33 with the dow down 110 and looking like a meltdown was in progress. In the space of 9 min the dow rallied 60 pts and a close over 11000 is likely. Stay liquid or sell if you haven't already done so.
Lyehopper
06-06-2006, 04:02 PM
Good to see you with your own thread Homer!.... I'll be an avid reader.
Welcome to the forum!
Yeah Homz...I like to read your take...Easier to follow on one thread. Obviously, there is no problemo posting on other threads...But this way when I wanna know what you are thinking I know where to go...Best...Doug(IIC)
Homersays
06-08-2006, 03:44 PM
One day reversal on extremely large volume. Not a market for the faint of heart. Can't fight the institutions, mutual funds and hedge funds as they are the reason for the volatility. They sink the market with their program selling and their program buying turns the market at the blink of an eye. The selloff down to the Dow 10750 area which was reached around noon occurred much too early for it to continue. The rally back is a sucker dead cat bounce getting in the small investor who never learns. Stay liquid. This market will close at a new low for the year imo this month. A real turnaround is not expected until October.
DSteckler
06-08-2006, 03:51 PM
The market sold off hard this morning because hedge funds that were short yesterday carried their shorts into the close. They needed to smack the market lower this morning so they could cover at a profit. Once they did, they started buying.
Great game they play, eh?
Homersays
06-08-2006, 03:58 PM
The market sold off hard this morning because hedge funds that were short yesterday carried their shorts into the close. They needed to smack the market lower this morning so they could cover at a profit. Once they did, they started buying.
Great game they play, eh?
Excellent analysis. Great insight. Mandatory reading for the entire board.
Lyehopper
06-08-2006, 04:05 PM
The market sold off hard this morning because hedge funds that were short yesterday carried their shorts into the close. They needed to smack the market lower this morning so they could cover at a profit. .
"Once they did, they started buying"????....I thought "covering" was defined as "buying" Dave.lol.... Are you sure you're a "pro"?
DSteckler
06-08-2006, 04:14 PM
"Once they did, they started buying"????....I thought a "covering" was defined as "buying" Dave.lol.... Are you sure you're a "pro"?
Covering brings the position back to zero because you're closing out the short, Lye. -1 + 1 = 0. It doesn't always involve buying because at times, hedge funds cover by delivering borrowed shares. Retail clients have to buy to cover.
Perhaps you didn't know that because you're not a "pro"?
Lyehopper
06-08-2006, 04:19 PM
Covering brings the position back to zero because you're closing out the short, Lye. -1 + 1 = 0. Retail clients have to buy to cover. It doesn't always involve buying because at times, hedge funds cover by delivering borrowed shares. Perhaps you didn't know that because you're not a "pro"?
I thought shares sold short were "borrowed shares".... So, you borrow to sell short, right?.... Then you borrow to cover?.... Don't you pro's actually own anything????....SsSsSsSsssss!
DSteckler
06-08-2006, 04:23 PM
I thought shares sold short were "borrowed shares".... So, you borrow to sell short, right?.... Then you borrow to cover?.... Don't you pro's actually own anything????....SsSsSsSsssss!
You can borrow shares from Brokerage A to short and pay them back by delivering shares borrowed from Hedge Fund B. Now you owe B but technically, you're not short.
And why own when you can use OPM?
Lyehopper
06-08-2006, 04:48 PM
You can borrow shares from Brokerage A to short and pay them back by delivering shares borrowed from Hedge Fund B. Now you owe B but technically, you're not short.
And why own when you can use OPM?
Great in theory Dave..... But someday you've always gotta pay.
What's wrong with the theory that this is what happened today: Short sellers continued to sell this morning.... as those holding long panic'd and sold as well? Then about noon those who were short started to cover.... and as the market turned buyers also stepped in..... and the combination of short covering and new long positions being taken pushed the market higher. Now, why wouldn't that work as an explanation?
DSteckler
06-08-2006, 05:55 PM
What's wrong with the theory that this is what happened today: Short sellers continued to sell this morning.... as those holding long panic'd and sold as well? Then about noon those who were short started to cover.... and as the market turned buyers also stepped in..... and the combination of short covering and new long positions being taken pushed the market higher. Now, why wouldn't that work as an explanation?
Lye, don't forget an important fact - there has to be someone on the other side of the trade.
The cause of any price movement is the imbalance between supply and demand, which is almost always created by institutional players. If there is a lot of volume activity on a bar (time frame isn't important), the insitutional player is involved. If volume is light, they're not.
During accumulation, institutional players are buying on a down spike with heavy volume (that's the only way they can get enough shares). During distribution, they are selling into an up spike on heavy volume (the only way they can unload a large number of shares).
What causes a downtrend (mark down)? A lack of buyers to support the price. The only ones who can provide this level of buying is institutional players but they don't because they sold a higher price levels. The market continues to fall until this phase is over.
When retail customers finally throw in the towel and start throwing everything out the window, the institutional players start buying. They are the ones sopping up shares on a heavy volume downspike. Eventually, selling pressure ends and accumulation begins anew as retail customers start buying again.
Professional short sellers typically sell and cover many times in the cycle, driving the price up so they short can more shares and then covering as the price drops.
Hedge Funds serve one main purpose...They screw up the market.
They try to squeeze every little penny...How many are any good?...Not many IMO.
But then again...Many Bazillionaires are happy with a paltry 8%...Maybe I would be too if I was one???...I realize that it is difficult to move in and out w/ very large sums...But if I had to settle for 8% a year...I'd pack it in:
http://biz.yahoo.com/prnews/060607/nyw092.html?.v=55
DSteckler
06-09-2006, 08:58 AM
Hedge Funds serve one main purpose...They screw up the market.
They try to squeeze every little penny...How many are any good?...Not many IMO.
But then again...Many Bazillionaires are happy with a paltry 8%...Maybe I would be too if I was one???...I realize that it is difficult to move in and out w/ very large sums...But if I had to settle for 8% a year...I'd pack it in:
http://biz.yahoo.com/prnews/060607/nyw092.html?.v=55
Doug, more and more investors in hedge funds are endowments (college, hospital) and pension funds. They're less interested in a huge return (with a higher risk) and more interested in consistency of returns, low correlation to their benchmark, high Sharpe ratio, low beta, and high alpha.
Homersays
06-09-2006, 01:58 PM
After falling to 10871 the Dow has managed to rally back over 10900. Don't be fooled. Today is not going to end like yesterday. Stay liquid over the weekend.
Homersays
06-11-2006, 06:31 PM
No change in outlook. Dow expected to make a new low for the year this month. Fed very likely to raise 1/2 point and pause surprising the street. CPI will be the all important number this week with the core coming in at .3 versus expectation of .2. Stay liquid for now but have a list of stocks to buy when the timing is favorable.
Homersays
06-12-2006, 11:30 AM
No reason to stick your neck out in this market. Like trying to catch a falling knife. That said, a splendid buying opportunity is likely to occur this month.
Patience.
Jim Smith
06-12-2006, 11:45 AM
I don't think so. Figure on late July.....Or to be really safe, October......This is still short em if you got em time.
Homersays
06-12-2006, 01:48 PM
I don't think so. Figure on late July.....Or to be really safe, October......This is still short em if you got em time.
I have posted previously that a real turn will not occur until October. That said, a decent trading rally could occur this month before we head lower.
Homersays
06-12-2006, 03:07 PM
NYSE Nasdaq
Advances 917 (27%) 787 (25%)
Declines 2272 (68%) 2207 (70%
As you can see from the above, breadth today is very poor and belies the strength in the Dow thus far. There have been buy programs all day to keep the Dow from tanking -- thus making the market appear stronger than it is. Volume is light to moderate. The close will depend on how much it means to those in trouble to keep the Dow from tanking big. Dow down 48.
Homersays
06-12-2006, 03:29 PM
The capitulation phase has begun. Stay liquid but be prepared to cover shorts and for those on the sidelines to load up.
Jim Smith
06-12-2006, 04:07 PM
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
Websman
06-12-2006, 04:25 PM
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
The market is doomed, unless Bernake uses some common sense and decides to pause the interest rate hikes.
Homersays
06-12-2006, 04:26 PM
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
Cover your shorts before the end of the month if not sooner. Ridiculous? I don't think so. Stay tuned.
Homersays
06-12-2006, 04:29 PM
The market is doomed, unless Bernake uses some common sense and decides to pause the interest rate hikes.
As I have been posting, the fed will raise 1/2 on June 29 and pause.
Runner
06-12-2006, 04:36 PM
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
S&P weekly lower trendline is now being tested and should this market fail at this test zone things could really get ugly for awhile IMO.
Websman
06-12-2006, 05:07 PM
As I have been posting, the fed will raise 1/2 on June 29 and pause.
That 1/2 on June 29th is what will kill the market for quite a while. The pause won't matter after that. I'll be shorting every stock I can get my hands on.
Homersays
06-12-2006, 05:22 PM
That 1/2 on June 29th is what will kill the market for quite a while. The pause won't matter after that. I'll be shorting every stock I can get my hands on.
And I will be buying every stock I can get my hands on prior to June 29 in anticipation of the pause.
Homersays
06-12-2006, 05:29 PM
Quote:
Originally Posted by Homersays
Good or bad --- less than 100,000 jobs created in May?
As expected. Sell the opening. >>
Right on jobs report, right on selling, and will be right on the Fed raising 1/2 pt. and pausing.
Also will be right that June will see the lows for the markets until September with October the buy of a lifetime.
billyjoe
06-12-2006, 05:54 PM
Homer,
That's what I call pure speculation.
--------billyjoe
New-born baby
06-12-2006, 05:55 PM
Quote:
Originally Posted by Homersays
Good or bad --- less than 100,000 jobs created in May?
As expected. Sell the opening. >>
Right on jobs report, right on selling, and will be right on the Fed raising 1/2 pt. and pausing.
Also will be right that June will see the lows for the markets until September with October the buy of a lifetime.
I kinda like your approach to things, Homer. What kind of stocks would Homer say to buy? And how about the oil stocks? Is the party over?
jiesen
06-12-2006, 06:51 PM
Homer's quite confident of the unknowable. I like that, too. It shows he's got guts!
Lyehopper
06-12-2006, 07:05 PM
Homer's quite confident of the unknowable. I like that, too. It shows he's got guts!
I think Homer's most likely a pretty good trader.... What are you selling these days homer! come on DUDE!!!!
Homersays
06-12-2006, 07:11 PM
I kinda like your approach to things, Homer. What kind of stocks would Homer say to buy? And how about the oil stocks? Is the party over? >>
Oil stocks and oil service stocks have already topped out. ALSO, the party is over for brokers and bank stocks. Dow stocks will lead the rally back so stay with quality names such as MMM, PG, JNJ - also DNA, CELG, AMLN, GILD on severe weakness only. Also, SPY and DIA would be the conservative way to play the rally. Should the Nasdaq come anywhere near 2025 I would load up on QQQQ. Best play in tech on a turn would be QCOM around 37. Right now stay liquid.
Lyehopper
06-12-2006, 07:27 PM
.... Right now stay liquid.
Best advise on the web right here folks! Homer is HUUUUGE!!!!
Jim Smith
06-12-2006, 07:29 PM
You wanna buy the QQQQ when the naz drops to 2025? Sold to you dude....within six weeks, I see the nasdaq dropping to 1755.....I am staying short the QQQQ
Jim Smith
06-12-2006, 07:30 PM
Watch for $33 as the entry.
New-born baby
06-12-2006, 09:46 PM
>>
Oil stocks and oil service stocks have already topped out. ALSO, the party is over for brokers and bank stocks. Dow stocks will lead the rally back so stay with quality names such as MMM, PG, JNJ - also DNA, CELG, AMLN, GILD on severe weakness only. Also, SPY and DIA would be the conservative way to play the rally. Should the Nasdaq come anywhere near 2025 I would load up on QQQQ. Best play in tech on a turn would be QCOM around 37. Right now stay liquid.
Thank you, Homer. Like I say, you're doing us all a favor with your picks. Thanks!
The capitulation phase has begun. Stay liquid but be prepared to cover shorts and for those on the sidelines to load up.
Homer...Capitulation is not a phase...It happens real fast...I like reading your comments because they make me think...And I do appreciate them...But I'll bet you a buck that the Naz sees 3000 before it sees 1755...We on???
Best, Doug(IIC)
Homer...Capitulation is not a phase...It happens real fast...I like reading your comments because they make me think...And I do appreciate them...But I'll bet you a buck that the Naz sees 3000 before it sees 1755...We on???
Best, Doug(IIC)
My mistake...Jim said 1755...OK...Jim...we on for a buck???
Jim Smith
06-13-2006, 09:17 AM
So many pundits really do their darndest to blow sunshine up people's skirts....It just keeps folks invested when they should be running away....
Homersays
06-13-2006, 11:01 AM
So many pundits really do their darndest to blow sunshine up people's skirts....It just keeps folks invested when they should be running away....
I'll let my record speak for itself just as your record speaks for you.
Jim Smith
06-13-2006, 11:06 AM
To even think I am referring to you.
Jim Smith
06-13-2006, 11:07 AM
When Doug Kass says this selloff is just starting, someone named Homer is unlikely to change my mind
Homersays
06-13-2006, 02:33 PM
Sticking my neck out which isn't very smart, but I am hearing the CPI core tomorrow could be as high as .4. Source has been good in the past buy no guarantees.
Homersays
06-13-2006, 03:20 PM
Short covering ahead of the CPI . Dow held 10700. (10701)
Homersays
06-13-2006, 03:56 PM
Shades of 1987.
Jim Smith
06-13-2006, 04:42 PM
Everybody and their brother is looking for a bounce. The problem is, there are a ton of trapped longs that want out bad....We may bounce on a bad CPI on Wednesday, don't expect that to hold for long.....The real low comes in late July.....And it's a lot lower than we currently are....There's no place to hide except cash....My advice is not to watch CNBC or listen to Jim Cramer....
My target on the S&P is a gut wrenching 965.....That's the area of the top of the range and the triple bottom.
lemonjello
06-13-2006, 07:00 PM
You can hide in shorts.
Everybody and their brother is looking for a bounce. The problem is, there are a ton of trapped longs that want out bad....We may bounce on a bad CPI on Wednesday, don't expect that to hold for long.....The real low comes in late July.....And it's a lot lower than we currently are....There's no place to hide except cash....My advice is not to watch CNBC or listen to Jim Cramer....
My target on the S&P is a gut wrenching 965.....That's the area of the top of the range and the triple bottom.
Homersays
06-14-2006, 09:39 AM
Stocks opening higher which is generally not a good sign. Stay liquid.
Homersays
06-14-2006, 10:10 AM
BA upgrade fueling the rally in the Dow. Up almost 4 points. INTC another upgrade today. George Soros says: "Cash is King!"
DSteckler
06-14-2006, 10:13 AM
INTC running into resistance at the 20-day EMA.
New-born baby
06-14-2006, 11:48 AM
Stocks opening higher which is generally not a good sign. Stay liquid.
Some very sage advice. Keep posting! We like it!
Homersays
06-14-2006, 03:11 PM
NYSE Nasdaq
Advances 1283 (38%) 1185 (37%)
Declines 1927 (57%) 1822 (58%)
Terrible breath thus far today. BA holding up the Dow.
Homersays
06-14-2006, 03:13 PM
Breadth not Breath. No Jokes LOL
Homersays
06-14-2006, 03:21 PM
As I am sure you all are aware that the Fed decision will be on the 28th and not the 29th as I have been posting. Sorry for the goof. That said, nothing has changed: 1/2 pt and pause. Ten trading days after today. Stay tuned for any change.
Homersays
06-14-2006, 03:51 PM
Late day pump job forcing the shorts to cover. Don't get sucked in. Sell if you haven't already done so. Dow has jumped 50 pts in 20 min.
Homersays
06-15-2006, 09:43 AM
Nasdaq up 22. Talk about pump and dump. Rally began yesterday at 3:30 with Nasdaq virtually unchanged. Don't get sucked in. Stay liquid.
Homersays
06-15-2006, 02:42 PM
The best laid plans of mice and men or so the saying goes. This is the sought of rally I was expecting on the Fed raising 1/2 pt. and pausing. Today Bernanke added fuel to the rally with his comments. Volume is heavy. Shorts are getting the life squeezed out of them. Dow 11000 seems a given.
Homersays
06-15-2006, 03:20 PM
Bear market rallies are very sharp and shortlived -- 2 - 3 days. The Dow is now at 10993 and this is close enough to 11,000 to go to cash.
Homersays
06-15-2006, 03:29 PM
12K, baby! Opinion change?
Robert E. New
6/14 Closing Update...Mild up session finally breaks our 8 day string of consecutive down days on many indices. Volume was average and most internals were mixed suggesting we are seeing an oversold bounce in an existing downtrend. Most indices should find significant resistance at their declining 20 MA's/60 Minute downtrendlines. The SPX could do a backtest of its neckline in the 1245/50 area. We are also noticing many 50/200 bearish crosses on those moving averages in many indices which when tested from the underside usually provide some major resistance. The commercials started covering some of their shorts last week and this weekends report will be watched closely. Keep watch on the daily NDX and Nasdaq charts for the potential of a tradable low somewhere between current levels and the 2025 area. Most 60 Minute charts are putting in some bullish divergence suggesting a bounce up in our Down Channel's/Wedges.
Anybody can find "ex-spurt" opinions to support any issue under the sun. For example, you quote Robert E. New. But what about Alfred E. Newman?
http://img429.imageshack.us/img429/9135/newman4ns.jpg (http://imageshack.us)
Homersays
06-15-2006, 03:48 PM
Fellas, we have a stampede going today much to my surprise. Can't be right all the time. Don't believe me? Just as Cramer. LOL
Lyehopper
06-15-2006, 03:54 PM
I see many charts with gaps formed today.... Get your short lists ready.
Homersays
06-15-2006, 03:55 PM
[QUOTE=Rob]Anybody can find "ex-spurt" opinions to support any issue under the sun. For example, you quote Robert E. New. But what about Alfred E. Newman?
What are you talking about? You are Robert E. New. You gave this site out AS YOUR OWN.
Lyehopper
06-15-2006, 03:58 PM
[quote=Rob]Anybody can find "ex-spurt" opinions to support any issue under the sun. For example, you quote Robert E. New. But what about Alfred E. Newman?
What are you talking about? You are Robert E. New?
No.... he's Robert R. Old....jejeje
What are you talking about? You are Robert E. New. You gave this site out AS YOUR OWN.Homey, did you forget to take your meds today?
Homersays
06-15-2006, 04:08 PM
Homey, did you forget to take your meds today?
The real Robb from the AOL board would never give an idiotic response such as you just posted. My mistake.
The real Robb from the AOL board would never give an idiotic response such as you just posted. My mistake.Geez, touchy, aren't we? I don't know what the heck you were expecting me to say. Your post made no sense to me whatsoever. Try to have a nice day.
Lyehopper
06-15-2006, 04:25 PM
The real Robb from the AOL board would never give an idiotic response such as you just posted. My mistake.
That's another dude Homer.... His handle was Robbb24, He never responded much to anything.... We ran his ass off long ago, you'll be next I'm sure.
Homersays
06-15-2006, 04:30 PM
That's another dude Homer.... His handle was Robbb24, He never responded much to anything.... We ran his ass off long ago, you'll be next I'm sure.
Robb is one of the best posters I have ever had the pleasure to read. A gentlemen and a scholar. You are the one who should be driven off this board.
I'll come back when Robb decides to return. I want no part of a board which includes people like you.
Websman
06-15-2006, 04:30 PM
The real Robb from the AOL board would never give an idiotic response such as you just posted. My mistake.
Watch what you say Homer or you'll never have a chance of joing the VTP inner circle.
Websman
06-15-2006, 04:31 PM
Robb is one of the best posters I have ever had the pleasure to read. A gentlemen and a scholar. You are the one who should be driven off this board.
I'll come back when Robb decides to return. I want no part of a board which includes people like you.
Ok...You just made your last mistake Homer. You will NEVER be invited into the VTP inner circle.
New-born baby
06-15-2006, 04:41 PM
Late day pump job forcing the shorts to cover. Don't get sucked in. Sell if you haven't already done so. Dow has jumped 50 pts in 20 min.
This is advice #1.
The best laid plans of mice and men or so the saying goes. This is the sought of rally I was expecting on the Fed raising 1/2 pt. and pausing. Today Bernanke added fuel to the rally with his comments. Volume is heavy. Shorts are getting the life squeezed out of them. Dow 11000 seems a given.
This is fact #1.
Lyehopper
06-15-2006, 04:44 PM
Robb is one of the best posters I have ever had the pleasure to read. A gentlemen and a scholar. You are the one who should be driven off this board.
I'll come back when Robb decides to return. I want no part of a board which includes people like you.
Damn!.... That was easy....SsSsSsSssssss!
Websman
06-15-2006, 04:52 PM
Homer, if you'll promise never to post here again, I'll give you my latest hot stock pick...
Lyehopper
06-15-2006, 04:55 PM
Homer, if you'll promise never to post here again, I'll give you my latest hot stock pick...
Heck! I'll take you up on that one Webs!
Websman
06-15-2006, 05:02 PM
Heck! I'll take you up on that one Webs!
OK...Here it is...
Buy any stock that is priced low and sell it high. Do this over and over and you'll make a pile of money! BWAAAHAHAHAAAAA!!!!
Homersays
06-15-2006, 05:22 PM
Best advise on the web right here folks! Homer is HUUUUGE!!!!
What an asshole.
Jim Smith
06-15-2006, 05:26 PM
I know Homer as Garbo from the experienced investor's board.....The writing is unmistakeable......now, garbo is right about these types of rallies being the hallmarks of bear markets.........But, I believe in the devine right of money and there's no place for money to go except equities.....and Picasso paintings.
billyjoe
06-15-2006, 05:41 PM
I'm not the brightest bulb on this forum , but even I can tell there's something terribly wrong with maybe 10 posters here within the last 2-4 months. Maybe it's all the same guy. There's another explanation that's very disturbing . Say it's not so guys.
----1.) Webs has been lending the keys to the prison computer room to the wrong crowd
----2.) Lye is in cahoots supplying them with hootch , rotgut (false goji)
Hope I'm wrong ...wah.. wah...wah so sad
--------billyjoe
Lyehopper
06-15-2006, 05:53 PM
What an asshole.
Thanks Homer.... Don't be so sensitive dude!.... Maybe it's an AOL thing.
btw.... Do you actually trade stocks or just report the news?
Homersays
06-15-2006, 06:09 PM
#25 06-12-2006, 04:26 PM
Homersays
Member Join Date: May 2006
Posts: 57
--------------------------------------------------------------------------------
Quote:
Originally Posted by Jim Smith
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
Cover your shorts before the end of the month if not sooner. Ridiculous? I don't think so. Stay tuned.
Homersays
06-15-2006, 06:22 PM
I kinda like your approach to things, Homer. What kind of stocks would Homer say to buy? And how about the oil stocks? Is the party over?
Originally Posted by Homersays
Quote:
Originally Posted by Homersays
Good or bad --- less than 100,000 jobs created in May?
As expected. Sell the opening. >>
Right on jobs report, right on selling, and will be right on the Fed raising 1/2 pt. and pausing.
Also will be right that June will see the lows for the markets until September with October the buy of a lifetime.
New-born baby
06-15-2006, 06:52 PM
Originally Posted by Homersays
Quote:
Originally Posted by Homersays
Good or bad --- less than 100,000 jobs created in May?
As expected. Sell the opening. >>
Right on jobs report, right on selling, and will be right on the Fed raising 1/2 pt. and pausing.
Also will be right that June will see the lows for the markets until September with October the buy of a lifetime.
I do agree with Homer that oil has topped for now. How do they say it--you Americans?--right on? :D
Homersays
06-20-2006, 03:56 PM
I was talking with my friend George S. last night and told him about this board. Said he should check it out. No one has ever taken a loss. The number one guru has had 81 consecutive trades all profitable by at least 15% or more. "You are putting me on" said George. "Even with all the billions I have made, I sometimes had to take a loss." No kidding George. This board is a wonder --- nothing but market mavens on this board. You just gotta check it out. Maybe you could improve your record. Get off the floor George and stop laughing so hard. You are going to hurt yourself.
Websman
06-20-2006, 03:58 PM
I was talking with my friend George S. last night and told him about this board. Said he should check it out. No one has ever taken a loss. The number one guru has had 81 consecutive trades all profitable by at least 15% or more. "You are putting me on" said George. "Even with all the billions I have made, I sometimes had to take a loss." No kidding George. This board is a wonder --- nothing but market mavens on this board. You just gotta check it out. Maybe you could improve your record. Get off the floor George and stop laughing so hard. You are going to hurt yourself.
I've had plenty of losing trades, but my winners have made up the difference and have given me a nice profit.
Has George ever heard of the VTP?
Homersays
06-20-2006, 04:01 PM
Has George ever heard of the VTP? >>
ROFLHAS !
Homersays
06-20-2006, 04:08 PM
Hey George ! Make sure you check out the posts of Rob, Billyjoe and Lyehopper. Those guys could make you a fortune.
Robb is one of the best posters I have ever had the pleasure to read. A gentlemen and a scholar. You are the one who should be driven off this board.
I'll come back when Robb decides to return. I want no part of a board which includes people like you.
One thing's for sure Homz...You are a compulsive liar...How many times are you going to tell us you are not coming back???
If I had more time I'd love to tear everything you say to pieces...You sorta remind me of the time in college when I had rigworm on my leg...I put gentian violet on it 3x a day...But it took a whole month to go away.
http://img261.imageshack.us/img261/1363/untitled5ty.jpg (http://imageshack.us)
billyjoe
06-20-2006, 04:27 PM
Homer,
You don't have to worry about offending me and I don't know about Rob , but I have no doubt Lyehopper could crush you like a coon dog tick.
--------billyjoe
Homersays
06-20-2006, 04:27 PM
BTW George, forgot to tell you to check out IIC. This guy is the best. You could learn a lot from him. No kidding !
BTW George, forgot to tell you to check out IIC. This guy is the best. You could learn a lot from him. No kidding !
As a matter of fact I'm sure he could...Thanks for the compliment Homeboy
Homersays
06-20-2006, 05:45 PM
That's another dude Homer.... His handle was Robbb24, He never responded much to anything.... We ran his ass off long ago, you'll be next I'm sure.
You won't be running my ass off and you will not get any further investment advice from me. Your arrogant post killed that. I came to this board because the most knowledgable trader on the internet, Robbb24 was here. You say you ran him off. I've got news for you and the rest of the bozos on this board. Robbb left because this board is A joke and he didn't want to waste his valuable time and advice on a bunch of know nothings.
I'll challenge George to darts.
DSteckler
06-20-2006, 05:57 PM
Lawn darts?
peanuts
06-20-2006, 06:02 PM
You won't be running my ass off and you will not get any further investment advice from me. Your arrogant post killed that. I came to this board because the most knowledgable trader on the internet, Robbb24 was here. You say you ran him off. I've got news for you and the rest of the bozos on this board. Robbb left because this board is A joke and he didn't want to waste his valuable time and advice on a bunch of know nothings.
Can Robbb24 count to infinity? Chuck Norris did it twice
Can Robbb24 slam a revolving door? Chuck Norris can
Does Robbb24 wear cowboy boots made from real cowboys? Chuck Norris does
Can Robbb24 talk about Fight Club? No, but Chuck Norris can
You're in trouble buddy, if you think Robbb24 is the best. He is nothing compared to Chuck Norris.
skiracer
06-20-2006, 06:23 PM
Incredible state of affairs that has evolved here. This place went from great technical and fundamental analysis with plenty of charts and fundamental documentation plus terrific dialogue and commaradarie amongst the regular members to this dribble with Homer. One could say that birds of a feather like to congregate together but I know that isn't the case. Every reply to Homer only enables his creative juices to flow. Complete disregard will eventually, like plants without sunlight or water, cause him to wither and die off. Homer needs some type of inner fulfillment he isn't going to get here.
Eventually he'll come to realize that and seek other venues. Let him go.
You won't be running my ass off and you will not get any further investment advice from me. Your arrogant post killed that. I came to this board because the most knowledgable trader on the internet, Robbb24 was here. You say you ran him off. I've got news for you and the rest of the bozos on this board. Robbb left because this board is A joke and he didn't want to waste his valuable time and advice on a bunch of know nothings.
Why are you here Homey??? Are you one of those SAM’s???
Why don’t you hang out at the AOL Experienced Investors Board? Ever wonder why they don’t call it the AOL Good Investors Board?
No more advice...I must’ve been absent that day...Wait, you did give some advice...You told over 1600 forum members here that they are all suckers and can never make money in the market because Big Shots like you won’t let them.
Look, I have chumps like you for breakfast...Your rhetoric is getting tiresome...But I don’t think anyone is trying to run you off...Heck, I’m a patient guy. I have no problem waiting for those guys in the white suits to realize that you escaped. Just a matter of time before they do...And then they’ll be by to pick you up and take you HOME...Don’t worry....BTW, I hope they don’t have internet access at the HOME...
Acronym: SAM - "Smart Ass Masochist"
Because there is much confusion about what a SAM actually is, I feel I must preface my retraining article with my working definition, and an explanation, so you will see why it's important to discourage SAMmy behavior.
SAMs are masochists who don't know how to simply ask for what they want. Instead, they make a game of making people genuinely upset so that they will get punished.
SAMs are a big cause of guilt and hard feelings in the scene, and especially out of the scene. Just because you go off on them like they want you to doesn't mean they will praise you after. NO. Often they accuse their victims of being abusive, and try to make them take the whole blame for the reactions that they provoked.
There are psychological masochists who like to be verbally abused, and they have their SAM equivalent. You can see people like this trolling for abuse all over the net.
SAMs are often filled with self-loathing, and they deal with their guilt about their masochism by making themselves into victims and you into the bad guy.
Some SAMs are masterful manipulators. You will not simply be able to laugh off one of their onslaughts. They avoid tops who are phlegmatic and cool-tempered, and target the ones who are hot-blooded and short-tempered - on purpose. They specifically go for the ones with obvious problems like drug or drink addictions, like a wolf goes for the weakest deer in the herd.
A SAM is not a nice thing to be. SAMs don't negotiate their scenes. They work a person's nerves raw and provoke them to go off.
SAMs risk injury and death with their sad game. Many people don't react well to having their buttons pushed. Everybody has their human limit, and when your limit is reached a roar of rage will rise in your throat and you will not necessarily do the wisest thing.
The term SAM is commonly misused. Many people in the BDSM scene erroneously call themselves a SAM, like it's cute, like it's like calling yourself a pervert. Being a SAM is not like being an adorable "brat". Brats can be fun: SAMs are not. To be called a SAM is a straight up insult. People, please use the term correctly. It's only slang, but we still don't want it to become meaningless from misuse.
Websman
06-20-2006, 07:14 PM
Has George ever heard of the VTP? >>
ROFLHAS !
I speak quite a few languages, but "ROFLHAS" is not familiar to me. Is this some kind of code or something?
I came to this board because the most knowledgable trader on the internet, Robbb24 was here. You say you ran him off. I've got news for you and the rest of the bozos on this board. Robbb left because this board is A joke and he didn't want to waste his valuable time and advice on a bunch of know nothings.
Wait a minute Homz...You joined here about 3 weeks ago...ROBB has not posted for quite sometime...You say he left...If he left it was a heck of a lot longer than 3 weeks ago...So what really brought you here?
Now, I assume you knew ROBB from the AOL Board...Think about it...Maybe ROBB is tryin' to stay one step ahead and away from you.
rotflshmbeamepoaistigtdbid
rolling on the floor laughing so hard my brain explodes and my eyes pop out and I think I'm going to die but I dont.
billyjoe
06-20-2006, 07:45 PM
Doug,
Thanks for the "SAMS" explanation. I thought there must be a name for such behavior. Did you also notice a bunch of "SAMS" appeared here about the same time? I won't be baited by them anymore.
-------billyjoe
Homersays
06-20-2006, 07:55 PM
IIC is a loon if ever there was one. Websman on the other hand can't be baited. I am impressed and will peruse his posts in the future. That said, good luck to the rest of you. I harbor no ill feelings.
Doug,
Thanks for the "SAMS" explanation. I thought there must be a name for such behavior. Did you also notice a bunch of "SAMS" appeared here about the same time? I won't be baited by them anymore.
-------billyjoe
Actually somebody named SAM_2006 joined here on May 15th...But no posts.
I attribute some of the wacko comments to frustration...Some people have to try to act superior because in the real world they are inferior...So they go on the Net World and try to be somebody that they will never be in real life. As much time as I spend on the Net I'm still able to differentiate between the two worlds...But some...???
Believe me...I know what I'm talking about...I took Psychology as an elective in High School and I also took three Psych courses in college...And some of these cases are classic...LOL
BTW, maybe some can benefit from this site since I'm not always around to offer Crisis Therapy sessions: http://www.psychwww.com/resource/selfhelp.htm
Quote:
Originally Posted by Homersays
BTW George, forgot to tell you to check out IIC. This guy is the best. You could learn a lot from him. No kidding !
IIC is a loon if ever there was one. Websman on the other hand can't be baited. I am impressed and will peruse his posts in the future. That said, good luck to the rest of you. I harbor no ill feelings.
Geez...I go from The BEST to a LOON in the matter of a few hours.
Well Webs...Glad he picked you to stalk instead of me...LOL
Websman
06-20-2006, 08:08 PM
I've been stalked before...I can handle it. LOL
Well...This all I gotta say:
http://www.durbnpoisn.com/images/faces/Sucks.gif
http://www.durbnpoisn.com/images/faces/GiveADamn.gif
Homersays
06-21-2006, 12:22 PM
No change in outlook. Dow expected to make a new low for the year this month. Fed very likely to raise 1/2 point and pause surprising the street. CPI will be the all important number this week with the core coming in at .3 versus expectation of .2. Stay liquid for now but have a list of stocks to buy when the timing is favorable.
So it shall be written. So it shall be done.
mrmarket
06-21-2006, 12:48 PM
Homer...I will drink with you. Based on my stock picks lately, everyone is an expert compared to me.
Homersays
06-21-2006, 01:01 PM
Homer...I will drink with you. Based on my stock picks lately, everyone is an expert compared to me.
Humility is a wonderful thing. It shows character. No one can be right all the time. Being right even half the time is all one needs to do well in the market as long as one cuts his/her losses short. That said, my preference is Lafite 82. <g>
Lyehopper
06-21-2006, 11:24 PM
....my preference is Lafite 82. <g>
"82" was a pretty good year, Mrs Lyehopper graduated High Skrool that year.... I've never had any "Lafite 82" but here in about five months I'll have me a smooth batch of "GoJi 06"....
Jim Smith
06-22-2006, 08:19 AM
Merrill Lynch commentator on CNBC said there's a possibility during this coming meeting of the Fed....Homer called it first.....
Websman
06-22-2006, 08:38 AM
Merrill Lynch commentator on CNBC said there's a possibility during this coming meeting of the Fed....Homer called it first.....
I knew it!!! Homer is a huge Hedgie!
I was talking with my friend George S. last night and told him about this board. Said he should check it out. No one has ever taken a loss. The number one guru has had 81 consecutive trades all profitable by at least 15% or more. "You are putting me on" said George. "Even with all the billions I have made, I sometimes had to take a loss." No kidding George. This board is a wonder --- nothing but market mavens on this board. You just gotta check it out. Maybe you could improve your record. Get off the floor George and stop laughing so hard. You are going to hurt yourself.
Homer, there are only seven Georges on the Forbes list of the world's richest people (http://www.forbes.com/lists/2006/10/Rank_1.html) whose net worth equals or exceeds $1.5 billion: George Soros (#71, $7.2B net worth), George Kaiser (#140, $4.4B net worth), George Lucas (#194, $3.5B net worth), George Roberts (#292, $2.5B net worth), George Mitchell (#317, $2.4B net worth), George Hearst, Jr. (#410, $1.9B net wroth), George Lindemann & family (#512, $1.5B net worth). Of those, George Soros is the only one who matches your story of hanging out with "George S.," who has made multiple billions. Are you expecting us to believe that you are George Soros' buddy? I find that a bit hard to believe.
Jim Smith
06-22-2006, 09:15 AM
but, he often provides thought provoking posts....as for post content, I've read worse from other posters here.
mrmarket
06-22-2006, 09:22 AM
Homer, there are only seven Georges on the Forbes list of the world's richest people (http://www.forbes.com/lists/2006/10/Rank_1.html) whose net worth equals or exceeds $1.5 billion: George Soros (#71, $7.2B net worth), George Kaiser (#140, $4.4B net worth), George Lucas (#194, $3.5B net worth), George Roberts (#292, $2.5B net worth), George Mitchell (#317, $2.4B net worth), George Hearst, Jr. (#410, $1.9B net wroth), George Lindemann & family (#512, $1.5B net worth). Of those, George Soros is the only one who matches your story of hanging out with "George S.," who has made multiple billions. Are you expecting us to believe that you are George Soros' buddy? I find that a bit hard to believe.
I thought Homer was cool until I found out he was a friend of George Soros. Soros is a loser.
DSteckler
06-22-2006, 09:26 AM
Ernie...are you suggesting that Soros isn't HUGE?
but, he often provides thought provoking posts....as for post content, I've read worse from other posters here.
Jim...weren't you over at the AOL Experienced Investors Board?...IIC
Tatnic
06-22-2006, 10:54 AM
You won't be running my ass off and you will not get any further investment advice from me. Your arrogant post killed that. I came to this board because the most knowledgable trader on the internet, Robbb24 was here. You say you ran him off. I've got news for you and the rest of the bozos on this board. Robbb left because this board is A joke and he didn't want to waste his valuable time and advice on a bunch of know nothings.
there you go again garbo....so much drama.
I haven't asked Rob New why he quit this board but if I recall correctly he quit the EI board because of you and your many screen names.
This board is in my opinion very hard to get used to..its not the most user friendly board in cyber-space. Just when I get used to it, it changes and the changes are not improvements. I suspect that the amount of time Rob has to put in on Stock Charts (he must work 18 hours a day is my guess) he just didn't have the patience to use this board. Its too bad this board is like it is because there are many here who are worth checking in with.
there you go again garbo....so much drama.
I haven't asked Rob New why he quit this board but if I recall correctly he quit the EI board because of you and your many screen names.
This board is in my opinion very hard to get used to..its not the most user friendly board in cyber-space. Just when I get used to it, it changes and the changes are not improvements. I suspect that the amount of time Rob has to put in on Stock Charts (he must work 18 hours a day is my guess) he just didn't have the patience to use this board. Its too bad this board is like it is because there are many here who are worth checking in with.
Tatnic...you just need to read between the lines...You are right...there is a lot of extraneous stuff posted here...and I post a lot of it...But have you noticed that there are hardly any posts at the "all biz" boards the last couple months...Just filter out the stuff you don't want to read...Best, Doug(IIC)
Homersays
06-22-2006, 12:32 PM
I have been receiving a number of private messages mostly from lurkers asking my opinion. Since I have stated I won't be posting stock, monetary or economic information on this board any longer, I have decided to only answer private messages sent to me. I wish all of you well with your trading. Good
luck.
Did you and George Soros already have your power lunch today?
Did you and George Soros already have your power lunch today?
Lunch is for wimps Rob...IIC
DSteckler
06-22-2006, 02:16 PM
I have been receiving a number of private messages mostly from lurkers asking my opinion.
Cialis versus Viagra?
I have been receiving a number of private messages mostly from lurkers asking my opinion. Since I have stated I won't be posting stock, monetary or economic information on this board any longer, I have decided to only answer private messages sent to me. I wish all of you well with your trading. Good
luck.
Sounds like a plan...But don't bother checking your inbox for any PM's from this sucker.
Actually, I do have a suggestion though...Why don't you start your own Private group...It's not difficult. Then you can pick and choose the people you hang out with w/o having to put up w/ any nonsense from suckers like me. http://groups.yahoo.com/start
Jim Smith
06-22-2006, 04:28 PM
he said he was working for a firm reading charts and providing input....now, I don't think he can post here and work for them at the same time.....Rob is a great chart reader
he said he was working for a firm reading charts and providing input....now, I don't think he can post here and work for them at the same time.....Rob is a great chart reader
Yeah...I'll agree with that...I for one appreciated the charts he posted...i always read them...Doug(IIC)
Websman
06-22-2006, 10:20 PM
Yeah...I'll agree with that...I for one appreciated the charts he posted...i always read them...Doug(IIC)
Whoa......this is getting wierd........
Doug...Dude. Check out your last post. You posted at 3:33.... double that and you have 6:66....666!!!
Something strange is going on around here!!!!
Tatnic
06-23-2006, 09:20 AM
Tatnic...you just need to read between the lines...You are right...there is a lot of extraneous stuff posted here...and I post a lot of it...But have you noticed that there are hardly any posts at the "all biz" boards the last couple months...Just filter out the stuff you don't want to read...Best, Doug(IIC)
that's not what I meant Doug...its the mechanics of the site, its too "clunky" in my opinion. I don't mind the extraneous discussions.
Tatnic
06-25-2006, 06:46 PM
I have been receiving a number of private messages mostly from lurkers asking my opinion. Since I have stated I won't be posting stock, monetary or economic information on this board any longer, I have decided to only answer private messages sent to me. I wish all of you well with your trading. Good
luck.
Nice touch, but such a bullshitter...if history is any guide, you'll be back with yet another screen name and eventually you'll flame out again.
Nice touch, but such a bullshitter...if history is any guide, you'll be back with yet another screen name and eventually you'll flame out again.
I'm really not on the Net to Blast people...But if Tat is right that Homer is really Garbo...Then I recommend extreme "Caution" ...I've been around the block more than a few times and I do know the Garbo posts...Kiss your $$$ goodbye if it is true and you listen to him IMO.
I feel bad for novices who listen to people that have read a few books and who know how to type...There are some good investors here who share info...You need to filter out the garbage...And FWIW...I agree that Homer's got an ulterior motive...He is not here to share or help you or anyone else...He is a 2 bit Pumper and Dumper.
Take a look at Spikes posts...Dave's posts...Jack's posts and others...They post what they think...Sometimes they are right and sometimes they are wrong...But I think they all post what they truly think...Homer on the other hand has an ulterior motive IMO...IIC
DSteckler
06-25-2006, 08:17 PM
<< But if Tat is right that Homer is really Garbo >>
Tatnic is correct.
billyjoe
06-25-2006, 08:27 PM
We've all got a bit of B.S. and a..hole in us . We just don't reveal it in post after post.
--------billyjoe
<< But if Tat is right that Homer is really Garbo >>
Tatnic is correct.
Well...That's good enough for me...I may not always agree with you Dave...But in my book you are a Straight Forward Stand Up Kinda Guy...So there you have it...If I was in charge... This Homer Sucker would be banned...But I'm not in charge...But please be careful ...Best to All...Doug(IIC)
Karel
06-26-2006, 02:55 AM
As there is no reason to suppose that Homer is actually receiving the requests he claims to receive, I don't see he's really doing a lot of damage. I even rather like his oracular style. But perhaps my taste is a bit perverted.
Regards,
Karel
I even rather like his oracular style.Interesting word choice, Karel. Your use of English is superior to that of most people in English-speaking countries.
New-born baby
06-26-2006, 08:50 AM
Interesting word choice, Karel. Your use of English is superior to that of most people in English-speaking countries.
Rob,
When you carry a Winchester around with you all the time, you don't need to speak perfect English.
As there is no reason to suppose that Homer is actually receiving the requests he claims to receive, I don't see he's really doing a lot of damage. I even rather like his oracular style. But perhaps my taste is a bit perverted.
Regards,
Karel
Thank you Karel...I like to learn one new word every day:
o·rac·u·lar
adj.
Of, relating to, or being an oracle.
Resembling or characteristic of an oracle:
Solemnly prophetic.
Enigmatic; obscure.
oracular
adj 1: of or relating to an oracle; "able by oracular means to expose a witch" 2: obscurely prophetic; "Delphic pronouncements"; "an oracular message" [syn: Delphic (http://dictionary.reference.com/search?q=delphic)] 3: resembling an oracle in obscurity of thought; "the oracular sayings of Victorian poets"; "so enigmatic that priests might have to clarify it"; "an enigmatic smile" [syn: enigmatic (http://dictionary.reference.com/search?q=enigmatic)]
DSteckler
06-26-2006, 09:38 AM
Rob,
When you carry a Winchester around with you all the time, you don't need to speak perfect English.
"A Smith & Wesson beats four aces."
billyjoe
06-26-2006, 02:39 PM
Homer's friend George S. is quoted in the latest SFO magazine as having said "you cannot be enough of a pig when you are right". What the hell does that mean unless it is said in hindsight ? He could also have said "pigs get slaughtered except for when they don't" . Or "you're a pig if you hold a gain too long and it turns on a dime". How about " you're not a pig if you take a huge profit but sell too soon" . There's a quote for every investment result , but unfortunately , they're all made after the fact.
-------billyjoe
Gatorman
06-26-2006, 02:56 PM
Homer's friend George S. is quoted in the latest SFO magazine as having said "you cannot be enough of a pig when you are right". What the hell does that mean unless it is said in hindsight ? He could also have said "pigs get slaughtered except for when they don't" . Or "you're a pig if you hold a gain too long and it turns on a dime". How about " you're not a pig if you take a huge profit but sell too soon" . There's a quote for every investment result , but unfortunately , they're all made after the fact.
-------billyjoe
Now and then they will throw in an occasional:"Strike while the iron is hot" or "Haste makes waste" just to make sure they cover all the bases.
Homersays
06-26-2006, 04:04 PM
#25 06-12-2006, 04:26 PM
Homersays
Member Join Date: May 2006
Posts: 83
Quote:
Originally Posted by Jim Smith
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
Cover your shorts before the end of the month if not sooner. Ridiculous? I don't think so. Stay tuned.
Tatnic
06-26-2006, 05:53 PM
As I am sure you all are aware that the Fed decision will be on the 28th and not the 29th as I have been posting. Sorry for the goof. That said, nothing has changed: 1/2 pt and pause. Ten trading days after today. Stay tuned for any change.
gomer...erh I mean homer does at times get it right, in his own convoluted way. I agree with him that the Market is hoping like hell for 1/2 point and then a pause (that may be the only thing keeping this market up). Hard to believe this will be bullish since it will invert the yield curve violently, but it just goes to show how hopeful equity investors are....too hopeful IMO. A more probable scenario is that the FED will totally overdo it by raising 1/2 pt. and not saying anything about pausing. If that happens...oh boy.
gomer...erh I mean homer does at times get it right, in his own convoluted way. I agree with him that the Market is hoping like hell for 1/2 point and then a pause (that may be the only thing keeping this market up). Hard to believe this will be bullish since it will invert the yield curve violently, but it just goes to show how hopeful equity investors are....too hopeful IMO. A more probable scenario is that the FED will totally overdo it by raising 1/2 pt. and not saying anything about pausing. If that happens...oh boy.
I think it will be 25 basis points...However, I'd like to see them throw everybody a curveball and go 37.5 basis points...Doug(IIC)
Lyehopper
06-26-2006, 06:52 PM
I would like to extend an invitation to Homer and Tatnic to join the other 30 or so $$$Mr. Market$$$ member players who participate in the POTW each week.
You fellas can find details on BillyJoe's POTW (Portfolio of the week) thread.... Rockin'Rob is the scorekeeper and a link to the current rules can be found at the bottom of any of his posts. We all look forward to your HUUUUGE!!!! stock picks....Long or Short....
Lye, maybe Homer can get George Soros to play the POTW. It would be fun to whup up on a billionaire.
Lyehopper
06-26-2006, 08:02 PM
Lye, maybe Homer can get George Soros to play the POTW. It would be fun to whup up on a billionaire.
SsSsSsSsss....I agree! :p
Ok a correction and definition of "we"....
I stated that 'we" looked forward to Homer's HUUUUGE stock picks. After receiving a PM from one of my favorite members who really can't stand Homer.... I must clarify..... "We" will be defined in the aforementioned post as any member that actually does look forward to Homer's stock picks. Those whom do not look forward to Homers picks shall not be considered as the collective "we" in this particular instance.... :rolleyes:
jejeje!
Lye, maybe Homer can get George Soros to play the POTW. It would be fun to whup up on a billionaire.
I don't why everyone thinks he was talking about George Soros?...The first thing that came to mind when I saw George S is George Smith the guy who mysteriously disappeared off the RCCL cruiseship last summer. They never did find him and although I don't have any proof...I had a dream that he may be working for a hedge fund in Istanbul.
http://www.abcnews.go.com/Primetime/story?id=1546815
The second name that came to mind was George Smith... that plumber up in Prince Edward Island...I heard he's a pretty good stockpicker...
I'd say it's a toss up.
http://www.gov.pe.ca/business/onebusiness.php3?number=14758
peanuts
06-26-2006, 08:41 PM
... They never did find him and although I don't have any proof...I had a dream that he may be working for a hedge fund in Istanbul.
http://www.abcnews.go.com/Primetime/story?id=1546815
Keeping dreaming, Doug. That guy is sleeping with the fishes.
I'd like to meet his wife though... she sounds like a lot of fun. I'll be sure to wear a cup, however.
Chuck Norris was once on Celebrity Wheel of Fortune and was the first to spin. The next 29 minutes of the show consisted of everyone standing around awkwardly, waiting for the wheel to stop.
Keeping dreaming, Doug. That guy is sleeping with the fishes.
I'd like to meet his wife though... she sounds like a lot of fun. I'll be sure to wear a cup, however.
Geez...I thought I was a pretty fearless guy...But you got me beat Peanuts...I'll take a pass on the Widow Smith...IIC
SsSsSsSsss....I agree! :p
Ok a correction and definition of "we"....
I stated that 'we" looked forward to Homer's HUUUUGE stock picks. After receiving a PM from one of my favorite members who really can't stand Homer.... I must clarify..... "We" will be defined in the aforementioned post as any member that actually does look forward to Homer's stock picks. Those whom do not look forward to Homers picks shall not be considered as the collective "we" in this particular instance.... :rolleyes:
jejeje!
I wonder who the h*ll that was...Must some Sucker...IIC
I don't why everyone thinks he was talking about George Soros?Becuase he said his buddy, George S. had made multiple billions of dollars.
Quote:
Originally Posted by IIC
I don't why everyone thinks he was talking about George Soros?
Becuase he said his buddy, George S. had made multiple billions of dollars.
**&^%$$%^&*...D*mn...I got sucker punched by Mr. Rob AGAIN!!!
BTW...The only reason we are not on the Forbe's 400 is that my wife kept her $800 million in her maiden name...So it is not combined with my $800 million as far as Forbe's is concerned...Doug G.
Homersays
06-27-2006, 03:50 PM
No change. 1/2 pt. and pause.
Jim Smith
06-27-2006, 06:10 PM
Your ego will keep you posting.....Fine, but don't go thinking you've got it all figured out....These charts look terrible even though we could bounce post fed.....
Quote:
Originally Posted by IIC
I don't why everyone thinks he was talking about George Soros?
**&^%$$%^&*...D*mn...I got sucker punched by Mr. Rob AGAIN!!!
BTW...The only reason we are not on the Forbe's 400 is that my wife kept her $800 million in her maiden name...So it is not combined with my $800 million as far as Forbe's is concerned...Doug G.
OK...I fibbed a bit...My wife and I are not really Billionaires...But we did have a rare opportunity to have supper together tonight...I asked her point blank...
"Would you rather look like Bill and Melinda and be Billionaires OR look like you and I and be Thousandaires"???
She didn't even flinch...And she gave the right answer.
You decide for yourself:
http://www.conexionesonline.com/imagenesene/billgates.jpghttp://img155.imageshack.us/img155/2965/dandlatvickiswedding21op.jpg
And then I went on to tell her that if we happened to ever come into a billion bux that I would donate 95% of it to the "IIC Home For Wayward StockGirl's Foundation"
billyjoe
06-28-2006, 12:23 AM
Doug,
Is that picture of the Gates' altered or was it after a night of heavy partying?
billyjoe
Doug,
Is that picture of the Gates' altered or was it after a night of heavy partying?
billyjoe
I don't know...But I'd sure hate to wake up next to Mel in the morning...Doug
Homersays
06-28-2006, 12:37 PM
June 28 (Bloomberg) -- Pessimism about U.S. stocks rose to the highest level since October 2002 last week, according to Investors Intelligence, on lingering concern higher interest rates will derail economic growth.
The percentage of bearish newsletter writers climbed to 36.3 percent from 35.6 percent in the week ended June 23, the New Rochelle, New York-based newsletter said. The last time investors had an outlook this bleak, the Standard & Poor's 500 Index dropped to a five-year low and then began a new bull market.
Have been posting a 1/2 fed increase and a pause since prior to June 12. This will set the stage for a strong tradeable rally.
Jim Smith
06-28-2006, 01:09 PM
But there is no way in hell the Dow Jones breaks above the top rail on the weekly channel....That's 11200...Now, if you think 300 points is strong, so be it.
I don't know...But I'd sure hate to wake up next to Mel in the morning...DougI wouldn't say that, Doug. Okay, she doesn't look like Cindy Crawford, but she ain't half bad-looking. I think the dog would play with her even without a pork chop on a string around her neck.
New-born baby
06-28-2006, 02:10 PM
I wouldn't say that, Doug. Okay, she doesn't look like Cindy Crawford, but she ain't half bad-looking. I think the dog would play with her even without a pork chop on a string around her neck.
Here's a picture of the couple:
http://img521.imageshack.us/img521/2466/uglywoman6jp.jpg (http://imageshack.us)
Do they have any children?
peanuts
06-28-2006, 02:15 PM
Here's a picture of the couple:
http://img521.imageshack.us/img521/2466/uglywoman6jp.jpg (http://imageshack.us)
Bill and Melinda Gates are setting aside a large portion of the foundation's money for victims of Chuck Norris... estimates run in the multibillions
Do they have any children?According to the Melinda Gates page (http://en.wikipedia.org/wiki/Melinda_Gates) on Wikipedia, "they have three children, Jennifer Katharine Gates (b. 1996), Rory John Gates (b. 1999) and Phoebe Adele Gates (b. 2002)."
The thing I wonder about is: what would "Windows" have been called if Bill's name wasn't Gates? And who's his favorite rock band? The Doors? I wonder if he has a copy of John Lennon's "Walls and Bridges."
Rob...when the adoption papers are finalized Bill and Mel will have a 4th child...named Doug. Now I heard Bill is only leaving $10 million each to his kids...But I can live with that....Doug G.(IIC)
billyjoe
06-28-2006, 03:29 PM
Rob,
Didn't he have another son Gates Gates? He might not talk about him because of troubles with the law. That's where he got the name "Gates". He also doesn't need any stinkin' copies he's got the real walls and bridges. Wasn't young Gates from a childhood affair with Courtney Love. I think they grew up next door to each other in Seattle. Gee Homer , this is a great thread.
-------------billyjoe
Lyehopper
06-28-2006, 03:31 PM
Rob...when the adoption papers are finalized Bill and Mel will have a 4th child...named Doug. Now I heard Bill is only leaving $10 million each to his kids...But I can live with that....Doug G.(IIC)
Only $10 million?!!!!.... DUDE! he'll leave his pool boy $10 million.... HEY! there's a job for ya Doug-E-Freesh! jejeje
Rob, Didn't he have another son Gates Gates?He should have named him Rusty, and his sister Squeaky.
Lyehopper
06-28-2006, 04:09 PM
He should have named him Rusty, and his sister Squeaky.
Rob.... Don't forget their son who's sooooo darned hard-headed.... You know?.... the "big dumb one"....jejeje
http://www.tartergate.com/switch.php?fn=catalog.details&cod=2GVG4&site=af&emp=af
Homersays
06-28-2006, 07:25 PM
Quote:
Originally Posted by Homersays
Good or bad --- less than 100,000 jobs created in May?
As expected. Sell the opening. >>
Right on jobs report, right on selling, and will be right on the Fed raising 1/2 pt. and pausing.
Also will be right that June will see the lows for the markets until September with October the buy of a lifetime.
Pre-holiday rally of 300 points which began late today with the Fed providing the impetus.
Websman
06-28-2006, 08:03 PM
Hey Homer... I'm trying to figure out why I got banned from the Marketmillionaire.com site within 5 minutes of registering? Any ideas of why they don't like me over there?
Homersays
06-28-2006, 08:21 PM
Hey Homer... I'm trying to figure out why I got banned from the Marketmillionaire.com site within 5 minutes of registering? Any ideas of why they don't like me over there?
Beats me. I'll ask my friend George S. to intervene on your behalf next time we have lunch together.
Hey Homer... I'm trying to figure out why I got banned from the Marketmillionaire.com site within 5 minutes of registering? Any ideas of why they don't like me over there?
My guess is that you don't qualify Webs...We always get Market Thousandaires trying to con their way in...IIC
Websman
06-28-2006, 08:55 PM
My guess is that you don't qualify Webs...We always get Market Thousandaires trying to con their way in...IIC
Oh yea...that's right. I don't have a million dollar account...yet.
Tatnic
06-29-2006, 02:19 PM
Beats me. I'll ask my friend George S. to intervene on your behalf next time we have lunch together.
Is this the same ignorant, anti-semite that now claims George Soros to be his lunch companion? You are such a bullshitter Garbo....garbo/homer...gomer!
DSteckler
06-29-2006, 02:19 PM
Oops! Nice try...play again.
Homersays
06-29-2006, 02:26 PM
Pre-holiday rally of 300 points which began late today with the Fed providing the impetus.
Right on the money. Not important about 1/2. What counts is market reaction to the possibility the fed has in effect paused.
Homersays
06-29-2006, 02:28 PM
Is this the same ignorant, anti-semite that now claims George Soros to be his lunch companion? You are such a bullshitter Garbo....garbo/homer...gomer!
Never said George Soros -- only George S. As for being an anti-Semite, I happen to be Jewish AND YOU HAPPEN TO BE A KIKE.
Right on the money. Not important about 1/2. What counts is market reaction to the possibility the fed has in effect paused.
WHAT???!!!...I hardly call your statements right on the money...If you wanted to know what it would be you shoulda read my thread Homz...IIC
Never said George Soros -- only George S.You also said your pal made billions. Soros is the only "George S." that fits the bill.
DSteckler
06-29-2006, 02:35 PM
Right on the money. Not important about 1/2. What counts is market reaction to the possibility the fed has in effect paused.
LOL! Not important about 1/2? Then why did you announce:
No change. 1/2 pt. and pause.
And:
<< Have been posting a 1/2 fed increase and a pause since prior to June 12. >>
Runner
06-29-2006, 02:39 PM
Nice call Homer!!
Homersays
06-29-2006, 02:40 PM
LOL! Not important about 1/2? Then why did you announce:
<< Have been posting a 1/2 fed increase and a pause since prior to June 12. >>
The Fed had 2 choices. Raise 1/4 and pause which it in effect has communicated or raise 1/2 and say for a fact it has paused. What matters is the result and my statement yesterday that yesterday's late rally was the beginning of a pre-holiday rally of 300 Dow points. What was your prediction on the last jobs report? What did you have to say when I posted to sell on the jobs report? In fact, what have you ever said about anything which takes guts?
Homersays
06-29-2006, 02:42 PM
[QUOTE=Rob]You also said your pal made billions. Soros is the only "George S." that fits the bill.[/QUOTE
You guys are totally devoid of a sense of humor. Get a life !
Homersays
06-29-2006, 02:47 PM
#25 06-12-2006, 04:26 PM
Homersays
Member Join Date: May 2006
Posts: 83
Quote:
Originally Posted by Jim Smith
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
Cover your shorts before the end of the month if not sooner. Ridiculous? I don't think so. Stay tuned.
Right on the money !
DSteckler
06-29-2006, 02:48 PM
No change. 1/2 pt. and pause.
Try again next month, Garbo. LOL!
DJ Summary of the Fed below...
Special Summary Of The FOMC's 25BPS Rate Hike Decision
.
The Federal Reserve Open Market Committee raised the Fed Funds 25 basis points Thursday to 5.25% from 5.0% at their policy meeting. The rate increase was widely expected but the financial markets are studying the statement from the FOMC for clues about the outlook for interest rates.
For full coverage of the FOMC's decision, the verbatim text of the policy statement and market reaction, please use the code G/FED.
Fed Lifts Rates 0.25-Pt To 5.25%; Signals May Pause
The FOMC on Thursday raised official rates a 17th-straight time by one quarter point but stepped back from its pre-commitment to further rate increases, suggesting it may pause the tightening campaign if infltion readings subside. The FOMC voted unanimously to increase the Fed funds rate by 0.25 percentage point to 5.25%, its highest level since March 2001.
However, the FOMC deleted its May statement that "some further policy firming may yet be needed to address inflation risks," suggesting anothr rate increase isn't a done deal.
Verbatim Text Of Federal Reserve's Interest Rate Decision
The following is the verbatim text of the Federal Reserve's decision on interest rates released Thursday, June 29:
The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 5-1/4 percent.
Recent indicators suggest that economic growth is moderating from its quite strong pace earlier this year(AS I POINTED OUT ALREADY ON MY THREAD. Homer...Do you think I make up this crap?), partly reflecting a gradual cooling of the housing market and the lagged effects of increases in interest rates and energy prices.
Readings on core inflation have been elevated in recent months. Ongoing productivity gains have held down the rise in unit labor costs, and inflation expectations remain contained. However, the high levels of resource utilization and of the prices of energy and other commodities have the potential to sustain inflation pressures.
Although the moderation in the growth of aggregate demand should help to limit inflation pressures over time, the Committee judges that some inflation risks remain. The extent and timing of any additional firming that may be needed to address these risks will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information. In any event, the Committee will respond to changes in economic prospects as needed to support the attainment of its objectives.
Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; Timothy F. Geithner, Vice Chairman; Susan S. Bies; Jack Guynn; Donald L. Kohn; Randall S. Kroszner; Jeffrey M. Lacker; Sandra Pianalto; Kevin M. Warsh; and Janet L. Yellen.
In a related action, the Board of Governors unanimously approved a 25-basis-point increase in the discount rate to 6-1/4 percent. In taking this action, the Board approved the requests submitted by the Boards of Directors of the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, and Dallas.
Dollar Drops Vs Euro And Yen, Treasurys Move Higher After Rate Hike
DSteckler
06-29-2006, 03:01 PM
Doug, correct me if I'm wrong but the Fed raised a 1/4 point, not a 1/2...right? <VBG>
Doug, correct me if I'm wrong but the Fed raised a 1/4 point, not a 1/2...right? <VBG>
Geez...I don't speak Bernspeak (Took me 10 years to learn Greenspeak)and they don't have it at Freetranslation.com...So I'll just have to depend on Homeboy for an interpretation...lol
Homersays
06-29-2006, 03:06 PM
Doug, correct me if I'm wrong but the Fed raised a 1/4 point, not a 1/2...right? <VBG>
How do spell schmuck? S T E C K L E R .
DSteckler
06-29-2006, 03:12 PM
You should use a different size font, Garbo...One with a 1/4 point font rather than a 1/2 point font.
ROTFL!
You guys are totally devoid of a sense of humor. Get a life !Oh, I need a sense of humor. I thought ... well nevermind. Okay, let me try to get a sense of humor then:
Thank you, ladies and gentlemen, thank you. It's good to be here at the Mr. Market lounge. I'd like to dedicate this next number to Homersays. It was a big hit for Travis Tritt. It's called "Here's a Quarter - Call Someone Who Cares."
What do you think, Homer? Is that humorous?
Homersays
06-29-2006, 03:26 PM
Oh, I need a sense of humor. I thought ... well nevermind. Okay, let me try to get a sense of humor then:
Thank you, ladies and gentlemen, thank you. It's good to be here at the Mr. Market lounge. I'd like to dedicate this next number to Homersays. It was a big hit for Travis Tritt. It's called "Here's a Quarter - Call Someone Who Cares."
What do you think, Homer? Is that humorous?
"The empty vessel makes the greatest sound." William Shakespeare
Homersays
06-29-2006, 03:29 PM
But there is no way in hell the Dow Jones breaks above the top rail on the weekly channel....That's 11200...Now, if you think 300 points is strong, so be it.
I'll take it and so will all who were smart enough to be long prior to the Fed.
DSteckler
06-29-2006, 03:29 PM
Oh, I need a sense of humor. I thought ... well nevermind. Okay, let me try to get a sense of humor then:
Thank you, ladies and gentlemen, thank you. It's good to be here at the Mr. Market lounge. I'd like to dedicate this next number to Homersays. It was a big hit for Travis Tritt. It's called "Here's a Quarter - Call Someone Who Cares."
What do you think, Homer? Is that humorous?
Good one, Rob! Best laugh I've had all week!!
"The empty vessel makes the greatest sound." William Shakespeare“Suspicion always haunts the guilty mind.”—William Shakespeare
Good one, Rob! Best laugh I've had all week!!heh heh Thanks, Dave. I didn't think it was half bad for being off the cuff and all. Regardless of who around here has a sense of humor, I think by now most of us have a sense of Homer. lol
Homersays
06-29-2006, 03:44 PM
For the record: 1. Said June would be the lows for the market until
Sept - Oct.
2. Said last months CPI report would show core at .3 not .2
3. Said to cover shorts prior to the Fed meeting.
4. Posted yesterday that it was the beginning of a
pre-holiday rally of 300 dow points based on the fed's
action.
5. Posted the Fed would raise 1/2 and pause. The fed raised
1/4 instead but communicated it would pause in Aug.
6. Dow as of this writing up 265 points counting yesterday's
gain.
Not a bad record even if I am the only one who thinks so.
For the record: 1. Said June would be the lows for the market until
Sept - Oct.
2. Said last months CPI report would show core at .3 not .2
3. Said to cover shorts prior to the Fed meeting.
4. Posted yesterday that it was the beginning of a
pre-holiday rally of 300 dow points based on the fed's
action.
5. Posted the Fed would raise 1/2 and pause. The fed raised
1/4 instead but communicated it would pause in Aug.
6. Dow as of this writing up 265 points counting yesterday's
gain.
Not a bad record even if I am the only one who thinks so.
Here's your problem Homz...Well one of them anyway...The Fed's did not say what I bolded from your quote above...They indicated a possibility...But if some sucker were to listen to you they would think that the Feds actually said that.
Here's a quote from the statement:
"Readings on core inflation have been elevated in recent months. Ongoing productivity gains have held down the rise in unit labor costs, and inflation expectations remain contained. However, the high levels of resource utilization and of the prices of energy and other commodities have the potential to sustain inflation pressures.
Although the moderation in the growth of aggregate demand should help to limit inflation pressures over time, the Committee judges that some inflation risks remain. The extent and timing of any additional firming that may be needed to address these risks will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information. In any event, the Committee will respond to changes in economic prospects as needed to support the attainment of its objectives."
What you should of said is that they hinted they they might...But they really can't say because it depends....
Runner
06-29-2006, 03:54 PM
For the record: 1. Said June would be the lows for the market until
Sept - Oct.
2. Said last months CPI report would show core at .3 not .2
3. Said to cover shorts prior to the Fed meeting.
4. Posted yesterday that it was the beginning of a
pre-holiday rally of 300 dow points based on the fed's
action.
5. Posted the Fed would raise 1/2 and pause. The fed raised
1/4 instead but communicated it would pause in Aug.
6. Dow as of this writing up 265 points counting yesterday's
gain.
Not a bad record even if I am the only one who thinks so.
Homer, nice calls and you hit the nail on the head. Makes me wonder if many are jealous
Lyehopper
06-29-2006, 04:02 PM
For the record: 1. Said June would be the lows for the market until
Sept - Oct.
2. Said last months CPI report would show core at .3 not .2
3. Said to cover shorts prior to the Fed meeting.
4. Posted yesterday that it was the beginning of a
pre-holiday rally of 300 dow points based on the fed's
action.
5. Posted the Fed would raise 1/2 and pause. The fed raised
1/4 instead but communicated it would pause in Aug.
6. Dow as of this writing up 265 points counting yesterday's
gain.
Not a bad record even if I am the only one who thinks so.
You are indeed very great and we're all impressed (except for those who aren't impressed and they are not included in the definition "all" in the aforementioned sense)....
Sooooooo Homer.... Will you be playing the POTW next week and further demonstrating your greatness? Or are you a "professional" who fears being locked up by the SEC if you participate in a weekly stock picking contest?
Jim Smith
06-29-2006, 04:04 PM
keep posting.
jiesen
06-29-2006, 04:05 PM
Here's your problem Homz...Well one of them anyway...The Fed's did not say what I bolded from your quote above...They indicated a possibility...But if some sucker were to listen to you they would think that the Feds actually said that.
Here's a quote from the statement:
"Readings on core inflation have been elevated in recent months. Ongoing productivity gains have held down the rise in unit labor costs, and inflation expectations remain contained. However, the high levels of resource utilization and of the prices of energy and other commodities have the potential to sustain inflation pressures.
Although the moderation in the growth of aggregate demand should help to limit inflation pressures over time, the Committee judges that some inflation risks remain. The extent and timing of any additional firming that may be needed to address these risks will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information. In any event, the Committee will respond to changes in economic prospects as needed to support the attainment of its objectives."
What you should of said is that they hinted they they might...But they really can't say because it depends....
Also, there's no mention anywhere in there about anything happening or not happening regarding rates in August.
Lyehopper
06-29-2006, 04:09 PM
Homer, nice calls and you hit the nail on the head. Makes me wonder if many are jealous
Doug just PM'd me and said he's very jealous of Homer and he really hopes Homer does not play the POTW next week because (as this weeks current leader) Doug likes to be in front of everyone else and is very afraid of Homer's ability to potentially beat him in the contest next week.... :p
Originally Posted by Homersays
For the record: 1. Said June would be the lows for the market until
Sept - Oct.
2. Said last months CPI report would show core at .3 not .2
3. Said to cover shorts prior to the Fed meeting.
4. Posted yesterday that it was the beginning of a
pre-holiday rally of 300 dow points based on the fed's
action.
5. Posted the Fed would raise 1/2 and pause. The fed raised
1/4 instead but communicated it would pause in Aug.
6. Dow as of this writing up 265 points counting yesterday's
gain.
Not a bad record even if I am the only one who thinks so.
Homer, nice calls and you hit the nail on the head. Makes me wonder if many are jealous
Well...on #1 we have to wait till October to find out...#2 OK..#3..OK...But IMO one of the reasons is that it was only .25...in conjunction with the hint...If it had been .50 I don't think we would have seen this rally...#4...Remains to be seen...#5...Wrong...#6...see #4.
Homersays
06-29-2006, 04:21 PM
Here's your problem Homz...Well one of them anyway...The Fed's did not say what I bolded from your quote above...They indicated a possibility...But if some sucker were to listen to you they would think that the Feds actually said that.
Here's a quote from the statement:
"Readings on core inflation have been elevated in recent months. Ongoing productivity gains have held down the rise in unit labor costs, and inflation expectations remain contained. However, the high levels of resource utilization and of the prices of energy and other commodities have the potential to sustain inflation pressures.
Although the moderation in the growth of aggregate demand should help to limit inflation pressures over time, the Committee judges that some inflation risks remain. The extent and timing of any additional firming that may be needed to address these risks will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information. In any event, the Committee will respond to changes in economic prospects as needed to support the attainment of its objectives."
What you should of said is that they hinted they they might...But they really can't say because it depends....
The Dow jumped 217 and the Nasdaq 62 based on the fed pausing in Aug.
Those who bought were not suckers -- they were mutual fund managers.
Doug just PM'd me and said he's very jealous of Homer and he really hopes Homer does not play the POTW next week because (as this weeks current leader) Doug likes to be in front of everyone else and is very afraid of Homer's ability to potentially beat him in the contest next week.... :p
Yeah right Lye...In your worst nightmare...Doug(IIC)
PS: Runner...I can think of absolutely nothing to be jealous about.
Homer, nice calls and you hit the nail on the head. Makes me wonder if many are jealousHiya, Runner. In case you're wondering, I ain't jealous. Shoot, Homer's just a little late to the party if you ask me. I had already said the correction had about run its course by the time Homey was saying things like:"A real turnaround is not expected until October." (6/8)
"Don't be fooled. . . . Stay liquid" (6/9)
"No reason to stick your neck out in this market. Like trying to catch a falling knife." (6/12)
The Dow jumped 217 and the Nasdaq 62 based on the fed pausing in Aug.
Those who bought were not suckers -- they were mutual fund managers.
The year my overall % gain does not exceed the average for Mutual Funds is the year I give up the market.
Now, I'll concede that many misunderstood the statement...like you...but anyone who thinks that there will definitely not be an increase in August at this point needs to take a remedial course in Economics...Doug
The Dow jumped 217 and the Nasdaq 62 based on the fed pausing in Aug.
Those who bought were not suckers -- they were mutual fund managers.
Read what I said about "Suckers"...I didn't say those who bot were suckers...Heck, if I wasn't so busy today I'd have been right there too.
You love to twist things around...Problem is that it doesn't get by me...IIC
DSteckler
06-29-2006, 05:07 PM
You are indeed very great and we're all impressed (except for those who aren't impressed and they are not included in the definition "all" in the aforementioned sense)....
Damnation, Lye...you should run for office!
Websman
06-29-2006, 05:09 PM
The VTP may very well save the financial world... oh...and my best friend is Billy Gates.
DSteckler
06-29-2006, 05:12 PM
The VTP may very well save the financial world... oh...and my best friend is Billy Gates.
But did Billy-Boy insist that rates were going up a 1/2 point? Bored minds want to know....
Websman
06-29-2006, 05:23 PM
But did Billy-Boy insist that rates were going up a 1/2 point? Bored minds want to know....
Billy doesn't care about rates... He doesn't have to finance anything. jejeje
Jim Smith
06-29-2006, 05:58 PM
It's not always the most popular guy that gets the job done.......Keep up the good work.....And one other thing Homer, I suspect youre a bit psycho, but your posts are still better than 90% of the stuff posted on this site......
It's not always the most popular guy that gets the job done.......Keep up the good work.....And one other thing Homer, I suspect youre a bit psycho, but your posts are still better than 90% of the stuff posted on this site......
'Ya know...That reminds me of this Jim...Good Publicity...Bad Publicity...It's all Good Publicity...Which got me to thinkin'...Homer's V/R should to be rising as fast as the market now.
BTW...How are Homer's "Secret Stock Picks" only available to those that contact him by PM doing?
I'll bet he doesn't offer an Ironclad Guarantee like I do...In fact I bet nobody does...You send me $400...I send you my secret "Sure-Fire" stock pick...If it doesn't go up, I send you your $400 back...Nobody offers a Guarantee like that...You can't lose...Doug(IIC)
skiracer
06-29-2006, 07:15 PM
It's not always the most popular guy that gets the job done.......Keep up the good work.....And one other thing Homer, I suspect youre a bit psycho, but your posts are still better than 90% of the stuff posted on this site......
I haven't been following this thread so without going back and reading through all the posts up to this date and time I'm not really up to date on it. Did they raise the rate 1/4% or !/2% today. I know that Homer was stating the FED would raise the rate 1/2% today and then take a pause. Did they in fact raise the rate 1/2% or not today. Anyone able to clarify this for me. Did Homer in fact get it right or not. Personally I think that if they did raise the rate 1/2% we would not have had the bounce we did today. If Homer in deed did call it and get it right good for him. I could care less if they raise it 1/4 or 1/2 or whatever they want to raise it or if anyone could make the right call. We are still all stuck living with whatever they want to do and because someone calls it right doesn't make them worth listening to. I would like to see Homer give us one or two decent setups that follow through or throw up a chart or two with an explanation as to why he thinks they are going to move in that direction. He seems to give us info that we can get at any number of websites and then expects us to think that he is God almighty. He's reading something somewhere that is written by someone else and then bringing it here an we're expected to embrace it. I just can't buy into it. If he made the right call today then good for him but please give me something substantial or real that's worthwhile otherwise is just the same old BS that's as typical as the day is long and you can get that anywhere if you care to listen. Personally I haven't seen a thing in any of his posts that has stimulated or excited me in any sense of the word. You know what would excite me is a great setup that no one else has put up yet and that breaks out for a 3 or 4 point gain. He hasn't done anything like that yet or even attempted to try. It just the same old line which is getting so tiring.
Homersays
06-29-2006, 08:13 PM
LATEST NEWS HEADLINES
•Dow Soars 217 Points as Fed Indicates Lull in Rate Hikes
That is the bottom line. That is why stocks soared. Lull means pause. The market interpreted from the Fed's statement that there will be no hike in August. The Fed is done.
billyjoe
06-29-2006, 08:20 PM
One more post and Homer is a "senior member" with all the rights and priviliges
he is therefore entitled to. Congratulations , Homer.
--------billyjoe
LATEST NEWS HEADLINES
•Dow Soars 217 Points as Fed Indicates Lull in Rate Hikes
That is the bottom line. That is why stocks soared. Lull means pause. The market interpreted from the Fed's statement that there will be no hike in August. The Fed is done.
You are right Homey...Lull does mean pause...But "Indicate"...I'd say "Hinted" is a better term...And you know why they hinted? My guess is that you don't know...And my second guess is that you have contacts that don't know what the h*ll they are talking about...And my third guess is that there are not over 1800 naive suckers here...But that there is definately at least one.
Question for you Mr. Know It All...Why don't you enlighten us about the effect of the addition of almost $24 Bil to the Repo Pool today???
Personally this is my take on you...You read what's available publically...You know a few people who know more about the markets than you do...And you talk with authority so that mindless suckers listen...But in the end you are full of it...You really have no idea what controls the action or what is going to happen...You have some ulterior motive to create a cult following IMO...But you know what a cult is?...It is made up of a bunch of mindless non-thinkers who cannot fend for themselves...H*ll...I post what I think as many others do...Right or Wrong...I do not try to sway people to my way for personal gain...You are not a good guy...you are not a person who can be trusted...You have an ulterior motive...If I was in charge here I would ban you...I don't like people like you...IIC
Don't sugar-coat it, Doug.
Lyehopper
06-29-2006, 10:32 PM
You have some ulterior motive to create a cult following IMO...But you know what a cult is?...It is made up of a bunch of mindless non-thinkers who cannot fend for themselves...
Does that mean I should remove my life sized poster of $$$Mr. Market$$$ from the wall in my workshop.
skiracer
06-29-2006, 10:33 PM
Don't sugar-coat it, Doug.
I must say I love the pure honesty and straightforwardness of the entire post. WTG Doug.
Does that mean I should remove my life sized poster of $$$Mr. Market$$$ from the wall in my workshop.LOL ... I've been in your rat's nest ... er .. I mean office at your machine shop, and the picture I remember seeing was Louis Rukeyser. heh heh :rolleyes:
Well...I've been around the block more than a few times...No, I am not perfect...But Yes...I can spot a Con man a mile or 5,000 miles away...Actually, I am surprised at Jim...He seems like a smart guy...Not much of a sense of humor (Which I have no problem with)...But I am surprised that he is caught up in the Homer Hoopla...
Homer...You are an inexperienced novice who reads a little and has some big ideas...My Crystal Ball says you will be a failure at your con game...In fact it says: Homer...Illusions Of Grandeur...IIC
Lyehopper
06-30-2006, 12:15 AM
LOL ... I've been in your rat's nest ... er .. I mean office at your machine shop, and the picture I remember seeing was Louis Rukeyser. heh heh :rolleyes:
LOL!!!! I did used to have a picture of him above my desk didn't I? SsSsSsSsss! Dude, You have a great memory!
Hey Rob, I just posted about you on the millionaires site.LOL! Catfish is spooked by me. He thinks that maybe I'm an "operative"....
http://www.marketmillionaires.com/hot-investment-tips-stock-picks/5308-you-ready-commit-making-money-market.html
LOL!!!! I did used to have a picture of him above my desk didn't I? SsSsSsSsss! Dude, You have a great memory!
Hey Rob, I just posted about you on the millionaires site.LOL! Catfish is spooked by me. He thinks that maybe I'm an "operative"....
http://www.marketmillionaires.com/hot-investment-tips-stock-picks/5308-you-ready-commit-making-money-market.html
H*ll...If I was Catfish...you'd already be banned...I give him 12 hours to ban you...LOL
C'mon Lye...Look for a challenge...Don't pick on that poor little kitty...It is too easy...Step up to the plate Big Guy ;)
Homersays
06-30-2006, 03:56 AM
You are right Homey...Lull does mean pause...But "Indicate"...I'd say "Hinted" is a better term...And you know why they hinted? My guess is that you don't know...And my second guess is that you have contacts that don't know what the h*ll they are talking about...And my third guess is that there are not over 1800 naive suckers here...But that there is definately at least one.
Question for you Mr. Know It All...Why don't you enlighten us about the effect of the addition of almost $24 Bil to the Repo Pool today???
Personally this is my take on you...You read what's available publically...You know a few people who know more about the markets than you do...And you talk with authority so that mindless suckers listen...But in the end you are full of it...You really have no idea what controls the action or what is going to happen...You have some ulterior motive to create a cult following IMO...But you know what a cult is?...It is made up of a bunch of mindless non-thinkers who cannot fend for themselves...H*ll...I post what I think as many others do...Right or Wrong...I do not try to sway people to my way for personal gain...You are not a good guy...you are not a person who can be trusted...You have an ulterior motive...If I was in charge here I would ban you...I don't like people like you...IIC
You are sick ! You are perfect for the mentality of this board. My ulterior motive as you call it was only to help by providing useful and as proven accurate forecasts based on good information. I'll come back when you are banned.
Tatnic
06-30-2006, 06:20 AM
Try again next month, Garbo. LOL!
gomer's philosophy is to make hundreds of calls on the chance that he gets 1%~2% correct. He's really nothing but a cnbc junkie who regurgitates cramers calls, that would explain his piss poor record.
Tatnic
06-30-2006, 06:32 AM
#25 06-12-2006, 04:26 PM
Homersays
Member Join Date: May 2006
Posts: 83
Quote:
Originally Posted by Jim Smith
I am seeing things just starting to breakdown from support levels and trendlines.....for you to say a real bounce is coming anywhere near here is ridiculous.
Cover your shorts before the end of the month if not sooner. Ridiculous? I don't think so. Stay tuned.
To give gomer some credit, since he rarely gets it right, he was right about the oversold nature of the markets. Smitty was wrong to be so bearish at the extremes, but its human nature to mimic the mood of the market so he wasn't alone. Rob New was also very bearish, and may still be.
To give gomer some credit, since he rarely gets it right, he was right about the oversold nature of the markets. Smitty was wrong to be so bearish at the extremes, but its human nature to mimic the mood of the market so he wasn't alone. Rob New was also very bearish, and may still be.Yeah, sure, I'll give him credit for that. But like I said, he was a little late, since I was at least four days ahead (http://www.mrmarketishuge.com/showthread.php?p=54595) of him on that one. But now don't y'all dare give ol' Rob any credit, you bunch o' sycophantic dopes. ;)
skiracer
06-30-2006, 07:22 AM
Yeah, sure, I'll give him credit for that. But like I said, he was a little late, since I was at least four days ahead (http://www.mrmarketishuge.com/showthread.php?p=54595) of him on that one. But now don't y'all dare give ol' Rob any credit, you bunch o' sycophantic dopes. ;)
I think that almost all of us have to take a reality check on ourselves. Look what Homer has done with us. It's like a cancer that grows subtly within until it poisons the whole body. I said it in an earlier post that we should just ignore him and let him shrivel up and go away. Without the food of controversy, that he thrives on and the trap that we so subtly fall into, he wouldn't be able to continue. We are the fuel that he so eagerly consumes. Like I said earlier. Whether he got lucky or not or if they raise the rates by whatever they want to raise them is not the significant question. What is important is picking winning stocks and boy is the discussion drifting away from those topics. We should let Homer shrivel up and go away. In his last post he promised to not return until Doug gets banned. Another post to further fuel the controversy and provide his with more fuel. Really who are the foolish ones? Us or Homer. I want to see if he is going to stick to his word and stay off until Doug gets banned.
By the way although I don't condone the rules practice of what the Millionaires site is doing maybe they have been looking around the internet and have decided they want to be different than the typical forums that are a dime a dozen. We kind of invade their site and mock them for setting standards they want to uphold. Has anyone noticed that we have lost a fairly decent number of pretty good people and their contributing efforts over the past few months. Maybe we all have to look within to do a little judging. An I'm including myself right up there at the top of the list.
Jim Smith
06-30-2006, 07:36 AM
I don't care how he comes across information.....Many fundamental analysts use the mosaic method combined with intuition.....All I care about is I make money reading his posts....At first, I may disagree vehemently but I've learned over the years of reading Homer not to write him off as a kook.....I especially like that Homer is all business....There's no foofy posts unrelated to the markets.....
Homersays
06-30-2006, 09:13 AM
I don't care how he comes across information.....Many fundamental analysts use the mosaic method combined with intuition.....All I care about is I make money reading his posts....At first, I may disagree vehemently but I've learned over the years of reading Homer not to write him off as a kook.....I especially like that Homer is all business....There's no foofy posts unrelated to the markets.....
Thanks for your support Jim, but it is obvious that information I provide is not welcomed by many on this board. So be it. Good luck trading.
How many times is Homer gonna quit?
Let me explain something...In all honesty my intent was only to give him a hard time until he apologized for calling everyone on this board a sucker who could never make any money. It has nothing to do with right calls/wrong calls...None of us are right all the time.
When I've made inappropriate comments I was big enough to publically apologize...If he would do the same that would be the end of it as far as I'm concerned...Doug(IIC)
Tatnic
06-30-2006, 10:39 AM
Shades of 1987.
If I know you, you were trying to say we were headed for a huge collapse ala '87. Boy, talk about an empty vessell (your head). The only similarities between then and now were that both fed chiefs were new to the job. Greenspan got plunked down right in the middle of a huge crisis and gained a ton of respect for his calm demeanor. Ben hasn't gained that respect yet...but in all fairness to him he's in a very tough spot and if he can manage to keep inflation in check without ruining the economy he will earn a ton of respect.
Tatnic
06-30-2006, 06:42 PM
Thanks for your support Jim, but it is obvious that information I provide is not welcomed by many on this board. So be it. Good luck trading.
To be honest, there's not alot of difference between you two. YOu both spit out broad, sweeping predictions in a rapid fire manner, only to contradict them a few mintues later. Its like you're posting just so you can read your own words. I can't for a second believe that smitty makes any money...sorry Jim, but you're as phony as garbo.
To be honest, there's not alot of difference between you two. YOu both spit out broad, sweeping predictions in a rapid fire manner, only to contradict them a few mintues later. Its like you're posting just so you can read your own words. I can't for a second believe that smitty makes any money...sorry Jim, but you're as phony as garbo.
Geez Tat...I think you are tougher than I am...I always like to give people the benefit of the doubt...At first anyway.
So here's my take for the summer:
The Naz will either go up or down...But if it doesn't...It'll be flat ;)
Jim Smith
07-01-2006, 10:35 AM
I've been posting here for months with many accurate specific stock calls....Calling the broader indices is much more difficult....But everybody tries it, both on CNBC and a few on this site....So what gives you the right to slam any poster here? Put some picks up and lets see how you do....Last year I was up 20% for your information.....This year, up 1%.
Tatnic
07-04-2006, 07:54 AM
Geez Tat...I think you are tougher than I am...I always like to give people the benefit of the doubt...At first anyway.
So here's my take for the summer:
The Naz will either go up or down...But if it doesn't...It'll be flat ;)
Doug, I've known those 2 for quite a while now some that benefit has long been used up. Garbo gets his ideas and info second and third hand, more often than not its useless because he doesn't understand the markets enough to know what is good info and what is garbage. Every now and then he gets lucky, but that's rare. Jim will have some outstanding picks from time to time but he's a bullshitter so don't believe anything else he tells you and never bother with his dire predictions. Dave Steckler as you know is above reproach but garbo will whine and cry about how Davie is picking on him when Dave asks a simple question that garbo cannot answer because he gets all his info from someone else (who can't always be reached at the spur of the moment).
Doug, I've known those 2 for quite a while now some that benefit has long been used up. Garbo gets his ideas and info second and third hand, more often than not its useless because he doesn't understand the markets enough to know what is good info and what is garbage. Every now and then he gets lucky, but that's rare. Jim will have some outstanding picks from time to time but he's a bullshitter so don't believe anything else he tells you and never bother with his dire predictions. Dave Steckler as you know is above reproach but garbo will whine and cry about how Davie is picking on him when Dave asks a simple question that garbo cannot answer because he gets all his info from someone else (who can't always be reached at the spur of the moment).
Well Tat...I always say "The smartest people only need to know one thing...Who to call to get the answers". ;)
Anyway...I'm tired of Homer Bashing...Now everyone thinks I'm an a**hole...and I'm really not. Lets talk stocks...Best, Doug(IIC)
Lyehopper
07-04-2006, 03:56 PM
...I'm tired of Homer Bashing...Now everyone thinks I'm an a**hole...and I'm really not.
As IIC's forum appointed attorney.... I must clarify the term "everyone" in the above usage.... This term "everyone" includes all $$MM$$ members that actually DO think Doug is indeed an asshole.... Some however may not think him an asshole and those particular members are henceforth excluded from the cumulative term "everyone" in the aforementioned sense.... As his attorney I am not at liberty to say if he (Doug aka IIC) is actually an asshole or not, due to the Attorney-Client Privilege.
skiracer
07-04-2006, 04:26 PM
As IIC's forum appointed attorney.... I must clarify the term "everyone" in the above usage.... This term "everyone" includes all $$MM$$ members that actually DO think Doug is indeed an asshole.... Some however may not think him an asshole and those particular members are henceforth excluded from the cumulative term "everyone" in the aforementioned sense.... As his attorney I am not at liberty to say if he (Doug aka IIC) is actually an asshole or not, due to the Attorney-Client Privilege.
Please excuse me from being included in the "everyone" category. I don't think Doug is an asshole. Ugly might deserve some consideration. I don't understand how an old guy like him every got that hot young thing to marry him. Must be the money he's been hoarding all these years.
Lyehopper
07-04-2006, 04:34 PM
Please excuse me from being included in the "everyone" category. I don't think Doug is an asshole. Ugly might deserve some consideration. I don't understand how an old guy like him every got that hot young thing to marry him. Must be the money he's been hoarding all these years.
Ski, young hot women love old ugly rich assholes.... SsSsSsSsssss!
billyjoe
07-04-2006, 04:36 PM
We don't need a poll to decide , Doug is not an a**hole. For years he's "Good Time Charley" , then a few mysterious members appear all about the same time , start attacking anyone who questions them and label those who do as a**holes.
In my mind is a list of true a**holes and Doug isn't even close.
--------billyjoe
As IIC's forum appointed attorney.... I must clarify the term "everyone" in the above usage.... This term "everyone" includes all $$MM$$ members that actually DO think Doug is indeed an asshole.... Some however may not think him an asshole and those particular members are henceforth excluded from the cumulative term "everyone" in the aforementioned sense.... As his attorney I am not at liberty to say if he (Doug aka IIC) is actually an asshole or not, due to the Attorney-Client Privilege.
Well...I hope you don't expect any of your legal fees to be paid Lye...Ever sued an attorney? I almost counter-sued my old one but I agreed to arbitration...Of course I won(Duh???)...Problem was that it cost me more to file and the Admin fees than I was awarded...But at least I got the satisfaction of winning.
I have a big problem with the legal system in this country...But unfortunately I'm too busy trying to solve the problems in the Middle East right now to mess with the Supreme Court...Doug...a.k.a....Mr. Never Loses
Please excuse me from being included in the "everyone" category. I don't think Doug is an asshole. Ugly might deserve some consideration. I don't understand how an old guy like him every got that hot young thing to marry him. Must be the money he's been hoarding all these years.
'Ya know Ski...I agree w/ you...I think I am an Ugly Old Guy...But what's my opinion against millions of others???
skiracer
07-04-2006, 04:54 PM
'Ya know Ski...I agree w/ you...I think I am an Ugly Old Guy...But what's my opinion against millions of others???
Doug,
You're definitely not an asshole but you are a good sport and take all of our shots admirably. Could I borrow a couple hundred thousand. I would gladly repay you on Tuesday.
Websman
07-04-2006, 04:58 PM
Vulcans don't concern themselves with such issues. IIC can be whatever he wants. We will continue on with our nonemotional ways.
Vulcans don't concern themselves with such issues. IIC can be whatever he wants. We will continue on with our nonemotional ways.
I guess if I worked in a prison I'd be non-emotional too...Especially if Bubba liked me...LOL
Lyehopper
07-04-2006, 06:30 PM
Well...I hope you don't expect any of your legal fees to be paid Lye...
Since I'm your "forum appointed lawyer" Mr. Market pays all the fees, but he has negotiated with me a pretty steep discount.... So if I ever seem to be doing a poor job that's why.
Websman
07-04-2006, 08:48 PM
I guess if I worked in a prison I'd be non-emotional too...Especially if Bubba liked me...LOL
After a few years Bubba starts to look pretty good...
lemonjello
07-05-2006, 04:03 AM
That's hilarious! Are you a member of the BAR?
As IIC's forum appointed attorney.... I must clarify the term "everyone" in the above usage.... This term "everyone" includes all $$MM$$ members that actually DO think Doug is indeed an asshole.... Some however may not think him an asshole and those particular members are henceforth excluded from the cumulative term "everyone" in the aforementioned sense.... As his attorney I am not at liberty to say if he (Doug aka IIC) is actually an asshole or not, due to the Attorney-Client Privilege.
That's hilarious! Are you a member of the BAR?
I think you'll find Lye at the bar every afternoon right after the market closes
Lyehopper
07-05-2006, 09:24 AM
I think you'll find Lye at the bar every afternoon right after the market closes
LOL!.... evidentially you don't know Mrs. Lye....
Homersays
07-09-2006, 09:27 AM
By Hal Heaton
Brigham Young University
One of the most important hypotheses in economics is referred to as the efficient markets hypothesis (EMH). This hypothesis is also one of the most maligned by the popular media.
Why would economists defend a position that is considered ridiculous by non-economists? The answer should provide insight and direction for entrepreneurs who are evaluating a potential venture.
In its strongest form, EMH says that prices reflect all available information. A direct result of this hypothesis is that investors cannot beat the market consistently over an extended period of time. They may beat the market occasionally for a short period of time. But over the long haul, their luck will run out.
The way I illustrate the concept to my students is to tell a joke. An economics professor and a student are walking down the street. They see a $100 bill on the sidewalk. The student stops to pick it up. The professor says, "Don't bother. If it were really there, someone would have already picked it up."
Media pundits assert that the EMH is ridiculous because from what they can see, investors appear to beat the market all the time.
First of all, think carefully what this assertion means. The pundits claim that there are investors who can consistently find stocks that are worth, for example, $50 but are selling for $40. But they forget that there are literally millions of investors. Why haven't they already discovered the under pricing, started to buy the stock and driven the price to $50?
Those investors include tens of thousands of mutual fund, pension fund, hedge fund and private equity managers who have hundreds of support staff, sophisticated information systems, massive computer and technical support and substantial amounts of money and time to investigate every company. There are only about 10,000 companies with traded stock. Why haven't these sophisticated investors discovered and corrected the under pricing?
Still, there are those who appear on TV or radio to talk about how they have figured out how to beat the market, and they appear to have facts to back their claims. Why are they able to do that?
Statistics suggest that about 5 percent of investors will beat the market over a five-year period. Some of these people will appear in the media as "experts" simply because they were, quite frankly, lucky. Few of them will ever have that kind of success in the future. The incredibly lucky one-tenth of 1 percent who can beat the market over a 10-year period are the gurus you see constantly in the news.
I illustrate the "attribution effect" to my students by asking them to estimate the ratio of murders to suicides in the United States each year. I ask, by show of hands, how many believe the ratio is more than 10 murders per suicide. A few hands come up. More than five? More hands. More than two? Most hands are raised.
Then I inform them that there are actually more U.S. suicides than murders every year. But murders are in the news every night, and you rarely hear about suicides. So you attribute higher probability to murders than you should.
The same thing happens with beating the market. Only the winners appear on TV and radio. The overwhelming majority who underperform never appear. As a result, you believe it is easier to beat the market than it really is. Entrepreneurs hope for a successful business. The place to look is not where there is a lot of information available and lots of investors looking (like the stock market). The best hope is to find something that is hidden where no one else is looking. Often that means something that will be hard to do and may be discouraging at first. That's why no one is looking there.
The investors described above simply want to buy and sell pieces of paper. At least entrepreneurs are looking in the right place, even though the time and effort of starting your business discourages the overwhelming majority of investors.
Still, $100 bills don't stay on the street for long.
I'll go along with the theory that most individual investors don't do very well. Personally, I believe the main reason they don't is because they are not willing to take the time necessary to do well. I don't think it is because the hedge funds are screwing them over.
I've known plenty of people who asked me to teach them how to trade. I can only think of one that ever went thru with it after I explained briefly what would be entailed and the time they would have to spend...To those I recommend Mutual Funds even though I would never buy a fund.
As far as I'm concerned, an individual has to live and die the markets to consistently beat the market over the long haul....Doug(IIC)
lemonjello
07-09-2006, 05:54 PM
You think maybe MM is posting as multiple monikers to keep the traffic up on the board during the off season? :)
Seriously tho, I am shocked, but it does seem like there is some multiple moniker posting going on here. I thought that was illegal on this here board per Karel.
I'm not the brightest bulb on this forum , but even I can tell there's something terribly wrong with maybe 10 posters here within the last 2-4 months. Maybe it's all the same guy. There's another explanation that's very disturbing . Say it's not so guys.
----1.) Webs has been lending the keys to the prison computer room to the wrong crowd
----2.) Lye is in cahoots supplying them with hootch , rotgut (false goji)
Hope I'm wrong ...wah.. wah...wah so sad
--------billyjoe
New-born baby
07-09-2006, 10:19 PM
I'll go along with the theory that most individual investors don't do very well. Personally, I believe the main reason they don't is because they are not willing to take the time necessary to do well. I don't think it is because the hedge funds are screwing them over.
I've known plenty of people who asked me to teach them how to trade. I can only think of one that ever went thru with it after I explained briefly what would be entailed and the time they would have to spend...To those I recommend Mutual Funds even though I would never buy a fund.
As far as I'm concerned, an individual has to live and die the markets to consistently beat the market over the long haul....Doug(IIC)
Doug,
From my perspective, if anybody ought to make it in the markets, it's you. I don't know anybody who works harder at it.
Jessie Livermore said that making money in the market was as easy as making money doing home surgery. I've never tried the home surgery bit, but I know a few guys who'd like to start on their mother-in-laws.
billyjoe
07-09-2006, 10:24 PM
New-born,
I'm a lucky guy. My mother-in-law is wonderful. Treats me as a son.
---------billyjoe
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