Skewering of Leftist Economic "Conventional Wisdom"

[nailer]

Originally Posted by ZeroJunk

La La Land

Markets are merely awaiting another trigger to deflate their bubbles.

[Chicks]

Originally Posted by nailer

Markets' are merely awaiting another trigger to deflate their bubbles.

If that trigger is Donny going to the Pen, I’ll happily take it.

[ZeroJunk]

Originally Posted by Chicks

If that trigger is Donny going to the Pen, I’ll happily take it.

You remind me of the Obama voter who called in to the radio talk show complaining about where they put the deer crossing sign, saying there were safer places to have the deer cross.

[ZeroJunk]

Originally Posted by nailer

Markets' are merely awaiting another trigger to deflate their bubbles.

Forever. But, when I started investing in stocks the DOW was under 2000 .

I have been through three crashes. Didn't do anything but ride it out.

Absolutely no doubt that it will crash again. And, I will ride it out again.

And, all the morons will be saying it's not coming back this time. Just like they always do.

[Chicks]

Originally Posted by ZeroJunk

Forever. But, when I started investing in stocks the DOW was under 2000 .

I have been through three crashes. Didn't do anything but ride it out.

Absolutely no doubt that it will crash again. And, I will ride it out again.

And, all the morons will be saying it's not coming back this time. Just like they always do.

Then, like me, you’ve done very well, especially through the Obama years. Index funds. Retirement coming soon, will have way more income than I spend now. Lots more travel to Europe and South America ahead, while I’m still able. It’s a big world, plenty more cultures to experience, enjoy and learn from, for those capable of learning.

[nailer]

You two need to get and room and hope the next real crash doesn't take as long to recover from as the great one.

[BlueStreak]

Originally Posted by ZeroJunk

Forever. But, when I started investing in stocks the DOW was under 2000 .

I have been through three crashes. Didn't do anything but ride it out.

Absolutely no doubt that it will crash again. And, I will ride it out again.

And, all the morons will be saying it's not coming back this time. Just like they always do.

Like I did in 2009 when nearly every dumbass Republican in my life was jerking their money out because the "Kenyan Soshialist" was going to "utterly destroy America". As usual, they were panicked, irrational and wrong.

[ZeroJunk]

Originally Posted by BlueStreak

Like I did in 2009 when nearly every dumbass Republican in my life was jerking their money out because the "Kenyan Soshialist" was going to "utterly destroy America". As usual, they were panicked, irrational and wrong.

I actually bought $30,000 more stock in 2009.

Should have kept it. But, that was when I decided I was going to be a trader. So, when I made 5% I would take it.

If I had just bought most anything and sat on it I would have been better off.

[Chicks]

Originally Posted by ZeroJunk

I actually bought $30,000 more stock in 2009.

Should have kept it. But, that was when I decided I was going to be a trader. So, when I made 5% I would take it.

If I had just bought most anything and sat on it I would have been better off.

So you’re not really an investor at all, you’re a speculator. Sigh. Speculators rarely win, it’s basically betting, not investing. Unless, of course, they have insider help.

[ZeroJunk]

Originally Posted by Chicks

So you’re not really an investor at all, you’re a speculator. Sigh. Speculators rarely win, it’s basically betting, not investing. Unless, of course, they have insider help.

That's bullshit. There are traders that make good money at it and all they rely on are the charts, candlestick patterns, or whatever works for them.

And, shorting is a necessary aspect of the market. Otherwise how would you ever establish the value of a stock if somebody didn't say no, I think it is overvalued.

Subscribing to a real time charting service is expensive and what is really somewhat entertaining in the beginning becomes a job very quickly.

From your post in your case it would be betting and no doubt something you should avoid.