Stock scream room
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- dualstow
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Re: Stock scream room
I don't have enough income to worry about taxes from investments. 15% bracket.
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Re: Stock scream room
Yep. Once my income drops, it's a new ballgame. No tax excuses -- it'll be 100% laziness on my part.
In all seriousness, though, I do like how the bands keep me from making unnecessary transactions. I plan to stick to them for a while and worry about other things.
In all seriousness, though, I do like how the bands keep me from making unnecessary transactions. I plan to stick to them for a while and worry about other things.
Last edited by Tyler on Thu Oct 16, 2014 10:50 am, edited 1 time in total.
- dualstow
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Re: Stock scream room
For those of you who don't peek at the noise but who read the forum: stocks were up 2.4% today, a 400+point climb for the Dow.
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Re: Stock scream room
thanks, Janet!dualstow wrote: For those of you who don't peek at the noise but who read the forum: stocks were up 2.4% today, a 400+point climb for the Dow.
Re: Stock scream room
Irrational exuberance?
- dualstow
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Re: Stock scream room
I'm sorry, I don't get the reference.thanks, Janet!
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Irrational exuberance, no doubt! I do hope it carries on a while longer.
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- buddtholomew
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Re: Stock scream room
Fed Chairmand Janet Yellen or a cross between Phil Donahue and Danny DaVito.dualstow wrote:I'm sorry, I don't get the reference.thanks, Janet!
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Irrational exuberance, no doubt! I do hope it carries on a while longer.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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Re: Stock scream room
Oh, of course! Thank you, Budd. And I apologize for the brain freeze, Murphy.
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- MachineGhost
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Re: Stock scream room
We're definitely witnessing traditional topping behavior.
Two V-shaped deflections in the span of about two months.
Recently, it took just two days to erase six days of losses in the S&P 500.
And it took only two days for the R2K to hit an almost 6-month high.
Cocktail party chatter is now about how they are the next Warren Buffett.
So, I say it feels like we're at the bottom of the 7th inning. If "Game Over" doesn't happen by the next "Sell in May" signal, we're truly witnessing a miracle of epic proportions.
Two V-shaped deflections in the span of about two months.
Recently, it took just two days to erase six days of losses in the S&P 500.
And it took only two days for the R2K to hit an almost 6-month high.
Cocktail party chatter is now about how they are the next Warren Buffett.
So, I say it feels like we're at the bottom of the 7th inning. If "Game Over" doesn't happen by the next "Sell in May" signal, we're truly witnessing a miracle of epic proportions.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Stock scream room
I noticed martin armstrong today had a post of a possible drop until may. I might put a short on.
http://armstrongeconomics.com/2015/01/0 ... -5-months/
http://armstrongeconomics.com/2015/01/0 ... -5-months/
Re: Stock scream room
Try not to play with your PP. Balance on schedule and try not to think. This is the best way.
- dualstow
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Re: Stock scream room
I suppose today is a good day for Lowe, who is tired of the steadily climbing stock market. Dow down 316 pts. S&P down 1.64% whoops, numbers are still coming in. Both down more than that.
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Re: Stock scream room
Very strange, I should be just as upset that stocks are down this much as when gold goes down this much. But I am not.
I am going to have to think about why that is!
Maybe because it has become a given that tomorrow will be a 400 point up day...
Maybe not...
I am going to have to think about why that is!
Maybe because it has become a given that tomorrow will be a 400 point up day...
Maybe not...
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Re: Stock scream room
Because you know there is a strong long-term up-trend to stocks, whereas the real price of gold simply oscillates around between extremes. That's why.Cortopassi wrote: Very strange, I should be just as upset that stocks are down this much as when gold goes down this much. But I am not.
Re: Stock scream room
Have you looked at returns for stocks and gold from 1/1/2000 to 12/31/2010? That's a fairly recent 10-year period.ochotona wrote:Because you know there is a strong long-term up-trend to stocks, whereas the real price of gold simply oscillates around between extremes. That's why.Cortopassi wrote: Very strange, I should be just as upset that stocks are down this much as when gold goes down this much. But I am not.
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Re: Stock scream room
I mentally frame the PP as a portfolio to withstand equity declines and not as an investment that counter-balances gold declines. We are in good company when stocks decline, but there is minimal support from other investors when gold retracts.Cortopassi wrote: Very strange, I should be just as upset that stocks are down this much as when gold goes down this much. But I am not.
I am going to have to think about why that is!
Maybe because it has become a given that tomorrow will be a 400 point up day...
Maybe not...
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
- dualstow
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Re: Stock scream room
yes please.Cortopassi wrote: Very strange, I should be just as upset that stocks are down this much as when gold goes down this much. But I am not.
I am going to have to think about why that is!
Maybe because it has become a given that tomorrow will be a 400 point up day...
..
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Re: Stock scream room
What kind of support do you need from other investors? What do they have to do with your portfolio?buddtholomew wrote:...but there is minimal support from other investors when gold retracts.
Re: Stock scream room
Looking at one 10-year period is almost getting to be cherry-picking. Did you look at gold and stocks from an even longer period, 1980-2001? Pretty much the reverse case from 2000-2010.stuper1 wrote: Have you looked at returns for stocks and gold from 1/1/2000 to 12/31/2010? That's a fairly recent 10-year period.
Look at the performance of stocks and gold from 1915-2015. Stocks really grows over the long term with economies. Gold reacts to crises of certain kinds.
Re: Stock scream room
The problem with gold is that is can get unreasonably expensive at times, and the overpricedness lasts for years at a time. If you buy high and sell it low, you're not helping yourself. That's just the basic facts.buddtholomew wrote: I mentally frame the PP as a portfolio to withstand equity declines and not as an investment that counter-balances gold declines.
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Re: Stock scream room
I was merely offering an explanation for the emotions Cortopassi was struggling to reconcile.Xan wrote:What kind of support do you need from other investors? What do they have to do with your portfolio?buddtholomew wrote:...but there is minimal support from other investors when gold retracts.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
Re: Stock scream room
Is his prediction based on the value of pi like some of his other predictions are?jabba wrote: I noticed martin armstrong today had a post of a possible drop until may. I might put a short on.
http://armstrongeconomics.com/2015/01/0 ... -5-months/
Last edited by Reub on Wed Mar 11, 2015 7:59 pm, edited 1 time in total.
Re: Stock scream room
Twitter was alive last week around the fact that the S&P 500 has gone a very long stretch without being able to put together back-to-back gains. As of Friday, that streak is now 28 trading days. A streak that long is so rare, it’s only happened twice before since World War II—in May 1970 and April 1994.
Charles Schwab & Co. commentary today
Charles Schwab & Co. commentary today
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Re: Stock scream room
ochotona wrote: Twitter was alive last week around the fact that the S&P 500 has gone a very long stretch without being able to put together back-to-back gains. As of Friday, that streak is now 28 trading days. A streak that long is so rare, it’s only happened twice before since World War II—in May 1970 and April 1994.
Charles Schwab & Co. commentary today
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- dualstow
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Re: Stock scream room
Wow is that a hillbilly toothpick, i.e. a raccoon's baculum (penile bone) I see on the right? I didn't know those were used for fortune telling!
(Edited for grammar only. Don't --> didn't)
(Edited for grammar only. Don't --> didn't)
Last edited by dualstow on Mon Apr 06, 2015 12:21 pm, edited 1 time in total.
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