Posted on 01/04/2015 9:26:15 AM PST by expat_panama
Patiently awaiting the Ringing of the Bell that will signal a bottom. Or a top. Or a sideways market. Or anything.
Surely, someone, somewhere KNOWS!?!?!?!?
Looks like there are a lot of bells getting rung today.
That does it!!! I’m buyin!!
—or how do we explain what happened from Oct to Dec. of ‘08 when five trillion dollars in assets somehow ceased to exist?
In hindsight, what we had with the 08-09 Bear Market was a buying opportunity that comes along only about every thirty or forty years. IIRC, the last time such a significant event occurred was in the early ‘70s.
Wasn't this the year that interest rates were fer shure gonna go up?
Buy low. Sell high.
TC
Haven’t we been expecting it?
Yeah, yesterday the trading seemed to be the kind that would wrap up w/ an IBD "correction" call. As far as which way stock prices will go next is an entirely different question, and right now I'm only selling stuff that's already begun to smell --trying to be ready instead for the next run-up. My experience w/ IBD's market calls is that there's more money to be gained by buying when they say 'sell' and viseversa.
Woo-hoo!
I own too much ex-employer stock, so I sold a chunk of it on Dec. 31. That stock has now gone down 6% from Dec. 31, but I locked in a nice gain on some of that stock with that sale (bought ~$4/share, sold for >$64/share).
I have money to shop and stocks are on sales! Woo-hoo!
Wasn’t this the year that interest rates were fer shure gonna go up?
Was until the ROW collapsed then it’s “Flight to Safety” time. As Yahoo! Finance said today, the US is the best house in a bad neighborhood.
way to go!! The fact keeps coming back that sell rules are even more important than buy rules.
Ah, c’mon, you know I’m referring to the past and current FED policy, commonly referred to as a zero interest rate.
“Under ZIRP, the central bank maintains a 0% nominal interest rate.”
http://en.wikipedia.org/wiki/Zero_interest-rate_policy
As for continuing to refer to FED money printing (in it’s various forms) as Bernake Bucks, the alliteration is ever so much more pleasant sounding than, by comparison, the somewhat more jarring term Yellen Bucks.....um, how about Janet Juice? Besides that it is, in fact, a continuation of Uncle Ben’s “only-the-little-people-have-to-pay” policy.
Neither of the above are signs of a healthy economy. They are continuing signs of the opposite.
But how about today?!?! This afternoon, right when I said I was gonna buy, the market turned!!!! Might even close up today!!
“THEY” know!!! It’s rigged, I tell ya!!
3:30 RAMP CAPITAL, LLC began at 1:30 today :-)
Now it’s ticking lower again! “THEY” must be monitoring this thread. Yes. That’s it!!!
The solution for you would seem to be that you need to be one of “them.”
I pretty sure I don’t qualify. So, how do you qualify?
It’s analogous to the cost of a Cadillac. If you have to ask, you can’t afford it.
Indeed, if I could only be one of “them.” Unfortunately, I’m afflicted with the same problem that Groucho Marx used to complain of: Groucho Marx’s letter of resignation to the Friars’ Club: “I don’t want to belong to any club that would accept me as one of its members.”
http://quoteinvestigator.com/2011/04/18/groucho-resigns/
:-)
@zerohedge 3:30pm inverse ramp
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