ponyo
Lifer
- Feb 14, 2002
- 19,688
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We already know you don't make shit on your job. You and your wife don't have any kids yet she works. Let me guess. She just wants her own career. :laugh: Don't you have rent and student loan payments due in couple days? Better get back to work. I hear of more layoffs on Wall Street. Ass kissing only goes so far...
And you made shit as a failed trader? Great prognostications only get you so far, the market always tells the losers and you were picked as one.
We almost had one child, would have been born in Sept., but we lost it in an ectopic pregnancy where my wife almost died. That was after her thyroid cancer surgery, where she's had 2 bouts of radiation to make sure it's all gone, preventing her from having kids for 6 months each time (her last treatment was in July, so we can't try till Jan). Thanks for being so reasonable and dragging it down to that level, shows some real class.
Wow, ripping on renting in this market? Guess you can't even gauge the market correctly.
I'm quite OK. Results show why I'm still here and why I'll remain, whereas you're just a wannabe.
India has far more concerning problems than the attacks. The lack of any real middle class, the very big wealth gaps, the lack of any strong centralized government, the massively diverse nature of the population and the lack of any internally driven industries.
Thus far their major growth is being driven by outsourcing, which, if deflation hits and the dollar keeps strengthening, becomes less attractive.
China is a mess. Their subprime crisis is orders of magnitude worse than ours.
- Jun 11, 2004
- 4,359
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Shazam! Cannot wait until after the turkey to get some of that sweet apple pie!
LegendKiller stop insulting people and making an ass of yourself in my thread. We're sorry for your loss but as usual you started slinging the insults first.
BTW...damn near everyone is a failed trader in this market.
Happy thanksgiving everyone.
Originally posted by: Perry404
Shazam! Cannot wait until after the turkey to get some of that sweet apple pie!
LegendKiller stop insulting people and making an ass of yourself in my thread. We're sorry for your loss but as usual you started slinging the insults first.
BTW...damn near everyone is a failed trader in this market.
Happy thanksgiving everyone.
I may bring up Naustica's failed trader status but I don't bring people's family into these situations. That just shows poor taste.
I have yet to have one deal I've gotten into, fail. Unlike your status of poor prognostications constantly, but then I guess you and Naustica are two peas in a pod there.
Dollar strengthening = outsourcing is less attractive???? That is the most blatantly wrong statement I've ever seen regarding economics. A strong dollar means greater desire to use foreign workers (i.e. outsourcing) to cut down on costs. Also deflation hitting their economy would once again make using them for outsourcing more attractive.
Factors that hurt outsourcing:
1) Weak dollar
2) High Fuel costs
Anyways, I had to quibble about this since the OP is not even worth responding to.
That's a flaw in your own abilities. Ideologues - I'm not sure if you are one - face that a lot.
I'm a strong opponent of Ron Paul, but can agree with him where he's right.
When you form your opinions not based on what someone says, not on some ideology, not what the crowd you respect thinks, you can agree to the appropriate extent with anyone.
You won't be threatened by doing so that you will somehow be tainted or contaminated; you will in fact have a much better basis for your views.
But that's one of the games propagandists (and advertisers) play - play on your insecurity to get you to 'feel good' when you act as they want.
What if Noam Chomsky made sense? Oh, no! He's some fringe wacko that would make it socially uncomfortable for you to defend.
Let me demonstrate:
I admire some qualities of the 9/11 truthers - and think it's healthy for them to be skeptical questioners looking under the rocks. I think they are generally very misguided and wrong when they reach conclusions that 9/11 was the US government blowing up any buildings, whether the WTC, or the Pentagon. I think Ron Paul's political views are generally extremely naive and dangerous, yet that he 'tells the truth' on some issues and is right on on some. Sometimes, he's right about the problem but not the solution.
Let me suggest you first start with being fine saying "I don't know". There's too much pressure in a forum not to say that; everyone has to be an expert on everything, which leaves the forum filled with blather that's often ignorant, lest someone say "I don't know about that issue".
You sound, when you talk about 'considering' Perry's post being affected by you bcoming tainted by The Ron Paul, it suggests to me you are at an 'I don't know' stage.
Just say so. Who among us can say they really 'understand' the full fiscal situation, the future of the dollar? I'd think the best here understand parts, but can be very wrong when trying to predict how all the pieces will come together. For just one example, both those who predicted a rise and a fall in gas prices were right at some point, but who was right about both at the right time, and more importantly, for the reason they understood the fact well enough not to just be lucky?
Look at Perry's info, resist the temptation to use ideology in responding, and see if you agree or not, or neither since you need more info.
ponyo
Lifer
- Feb 14, 2002
- 19,688
- 2,811
- 126
Originally posted by: LegendKiller
Originally posted by: Perry404
Shazam! Cannot wait until after the turkey to get some of that sweet apple pie!
LegendKiller stop insulting people and making an ass of yourself in my thread. We're sorry for your loss but as usual you started slinging the insults first.
BTW...damn near everyone is a failed trader in this market.
Happy thanksgiving everyone.
I may bring up Naustica's failed trader status but I don't bring people's family into these situations. That just shows poor taste.
I have yet to have one deal I've gotten into, fail. Unlike your status of poor prognostications constantly, but then I guess you and Naustica are two peas in a pod there.
Dude, you're the one who freaking brought up your wife into this with her situation. I didn't say anything about your wife nor did I know. I'm sorry about your wife and the miscarriage but that kind of thing you should really keep to yourself or to the people you know. I have no idea why you brought that up.
I've no problem admitting I failed as a trader. I've already said I was a trader for 5 years trading my own personal account for a living. We already know you don't have enough assets to do anything similar. Not that you would even last a month even if you did. I really have no idea why you keep thinking I want to work on Wall St. Why would I want to walk into a burning building?
Originally posted by: Naustica
Originally posted by: LegendKiller
Originally posted by: Perry404
Shazam! Cannot wait until after the turkey to get some of that sweet apple pie!
LegendKiller stop insulting people and making an ass of yourself in my thread. We're sorry for your loss but as usual you started slinging the insults first.
BTW...damn near everyone is a failed trader in this market.
Happy thanksgiving everyone.
I may bring up Naustica's failed trader status but I don't bring people's family into these situations. That just shows poor taste.
I have yet to have one deal I've gotten into, fail. Unlike your status of poor prognostications constantly, but then I guess you and Naustica are two peas in a pod there.
Dude, you're the one who freaking brought up your wife into this with her situation. I didn't say anything about your wife nor did I know. I'm sorry about your wife and the miscarriage but that kind of thing you should really keep to yourself or to the people you know. I have no idea why you brought that up.
I've no problem admitting I failed as a trader. I've already said I was a trader for 5 years trading my own personal account for a living. We already know you don't have enough assets to do anything similar. Not that you would even last a month even if you did. I really have no idea why you keep thinking I want to work on Wall St. Why would I want to walk into a burning building?
Still don't see where I brought wives and shit into this...but OK there sparky. "OMG, your wife *WORKS* instead of being at home with kids or just staying at home wondering why she hasn't had a kid yet. You're such a loser!"
Seriously, get a fucking clue.
Stunt
Diamond Member
- Jul 17, 2002
- 9,717
- 2
- 0
I agree, under normal circumstances an increase in money supply will lower the value of the dollar but there are a lot of things at play right now that might prevent this.
Nations around the world are also offering bail outs, not necessarily through government stimulus but through their central banks; this increases money supply of other currencies.
The US stock market has just declined significantly and all the nations around the world are now wealthier than they've ever been and will start to invest in the US markets creating demand for US dollars.
With US unemployment going up, wage increases and compression of wages is likely. Lower wages will stimulate exports and purchase of US goods in US dollars by other nations. (US exports are at all time highs contrary to what you might think)
The number of people traveling from the US will decrease as people will not afford this luxury and will decrease demand for foreign dollars.
Overall though, i agree. My US investments are currency hedged and i have a 10% holding in gold just in case everything goes to hell.
Nations around the world are also offering bail outs, not necessarily through government stimulus but through their central banks; this increases money supply of other currencies.
The US stock market has just declined significantly and all the nations around the world are now wealthier than they've ever been and will start to invest in the US markets creating demand for US dollars.
With US unemployment going up, wage increases and compression of wages is likely. Lower wages will stimulate exports and purchase of US goods in US dollars by other nations. (US exports are at all time highs contrary to what you might think)
The number of people traveling from the US will decrease as people will not afford this luxury and will decrease demand for foreign dollars.
Overall though, i agree. My US investments are currency hedged and i have a 10% holding in gold just in case everything goes to hell.
What's funny is that the failed trader and the RPB/Conspiracy fool, think they're smarter than 90% of the professional investors out there, including Warren Buffet and Bill Gates, who are loading up on US investments.
Stunt
Diamond Member
- Jul 17, 2002
- 9,717
- 2
- 0
Bill Gates is a "professional investor"...haha...pardon me while i lol...
Buffett has way more credibility in my books. His background is in insurance and he understands risk. He has a proven track record of consistently beating the market. That being said the man has little to lose, he's 78 and has way more money than he'll ever need. He could lose 90% of his wealth and still live the lifestyle he has become accustomed to until the day he dies.
Ever see what investments he makes with his fund? I saw the Treasurer of MS speak to a small crowd at my company, just treasury people. I asked him whether BG is involved in investing their liquidity fund, he is.
WB isn't going to take risk just to take risk, his investment horizon is a decade. He's still investing his money smartly.
Besides, the next time I see you in the Forbes top 5, you can second guess either one of those guys. I'm sure we'll see Naustica there in 2009.
Stunt
Diamond Member
- Jul 17, 2002
- 9,717
- 2
- 0
Ok...look. I am fully invested, am actively investing in US markets (as recently as 2 days ago), technically slightly leveraged to pick up some good value now. I am far from the pessimist you were lecturing. But to call Bill Gates a "professional investor" is a huge stretch and anyone related to the field would agree. To say I need to be in the Forbes 5 to make that assessment is completely absurd
Originally posted by: Stunt
Ok...look. I am fully invested, am actively investing in US markets (as recently as 2 days ago), technically slightly leveraged to pick up some good value now. I am far from the pessimist you were lecturing. But to call Bill Gates a "professional investor" is a huge stretch and anyone related to the field would agree. To say I need to be in the Forbes 5 to make that assessment is completely absurd
Perhaps it is. However, from all of my info, he does manage his portfolio and has done quite well, not to mention managing the company, which is investing in a certain way.
- Jun 11, 2004
- 4,359
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Man I couldn't recommend anyone invest in America right now.
I am still invested in some stocks but mostly Chinese and Baltic index issues which are down 94%.
Aside from that I've either been short or playing ETF's.
I would venture to say that my portfolio is up a heck of a lot more than Warren Buffets this year.
Anyone looked at BRK.A recently?
By the way LK if you're so damn good why don't you put one of your investments up against one of mine for next week?
We'll call it after five days.
I am still invested in some stocks but mostly Chinese and Baltic index issues which are down 94%.
Aside from that I've either been short or playing ETF's.
I would venture to say that my portfolio is up a heck of a lot more than Warren Buffets this year.
Anyone looked at BRK.A recently?
By the way LK if you're so damn good why don't you put one of your investments up against one of mine for next week?
We'll call it after five days.
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