Get Your Money out of the Market (1 Viewer)

[Juxtatarot]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

 

[Steve Tasker]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

Sure, but that's not what this thread is about....

 

[Dentist]

Do you even think he took his own advice?

If i'd pulled out at Dow 13K, it would've cost me probably 40-50 racks.

I'm guessing he didn't have that much dough to work with though anyway

 

[Doctor Detroit]

Terrific bump

 

[Gr00vus]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

I've sold off a bunch of stuff over the last week, just keeping it in cash for now. Put some stops in for the some of the stuff I'm still holding.

Europe is actually starting to figure out that austerity isn't working so they may not be a pit all that much longer, but I'm with you on your other concerns.

 

[Sarnoff]

With financial advisers as astute as LHUCKS, it's a mystery to me how Enron went broke.

 

[Sand]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

I start pulling back when Bernanke decides to scale back QE3. As long as the money is flowing and interest rates are at 0 this train will keep rolling, IMO.

 

[Doctor Detroit]

I've seen some really, really bad predictions before. But this one pretty much takes the cake. Damn.

Not sure about this. For a while last year he was posting his NFL plays and a bunch of us were fading him. I got a smartphone, Lumpy bought a new boat and Marshal Plan bought an island with the winnings.

 

[Leroy Hoard]

I've seen some really, really bad predictions before. But this one pretty much takes the cake. Damn.

Not sure about this. For a while last year he was posting his NFL plays and a bunch of us were fading him. I got a smartphone, Lumpy bought a new boat and Marshal Plan bought an island with the winnings.

Best reverse predictor ever. :IBTL:

 

[NCCommish]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

Deficit is on the decline here due to new revenue and cuts. In fact it is projected to continue to decline for the next several years. IIRC it is already below the 2008 level of before Obama took office. We don't have a deficit problem we have a problem on the demand side with a lack of jobs.

 

[Buck Bradcanon]

How much have you lost so far shorting the market? Or did you even follow your own conviction?

:bump for SHUCKS:

I'm not back in yet. I'm talking to some of the smartest guys I know and getting a consensus.One of the guys I really respect thinks we could see a bump after the election results regardless of who it is that wins.Still thinking this one through.Very happy on the sidelines for now.

One more just because. Lmao.

I'm talking to some of the smartest guys I know.

 

[Slapdash]

Sounds like another rally is about to take hold, folks.

 

[Aaron Rudnicki]

this is like the opposite of that Finless thread on Tiger Woods

 

[Whitetail Hunter]

Would someone remind me what Lhucks did to get banned?

 

[Phil Elliott]

Also many people think the art market is extremely over-priced right now (many of you may think its always over priced) so you may want to consider selling now or hold off on any purchases. May not apply to your child's art which is probably priceless.

http://www.nytimes.com/2013/01/02/opinion/invitation-to-a-dialogue-an-art-market-bubble.html?_r=0

 

[Slapdash]

Would someone remind me what Lhucks did to get banned?

Newton thread IIRC

 

[pantherclub]

Would someone remind me what Lhucks did to get banned?

he was acting like a total d bag during the newtown shootings

 

[Whitetail Hunter]

Would someone remind me what Lhucks did to get banned?

he was acting like a total d bag during the newtown shootings

//0//

Much deserved.

thx

 

[Politician Spock]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

Deficit is on the decline here due to new revenue and cuts. In fact it is projected to continue to decline for the next several years. IIRC it is already below the 2008 level of before Obama took office. We don't have a deficit problem we have a problem on the demand side with a lack of jobs.

The new CBO projection of the 2013 deficit is about 40% more than the 2008 deficit level.

 

[NCCommish]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

Deficit is on the decline here due to new revenue and cuts. In fact it is projected to continue to decline for the next several years. IIRC it is already below the 2008 level of before Obama took office. We don't have a deficit problem we have a problem on the demand side with a lack of jobs.

The new CBO projection of the 2013 deficit is about 40% more than the 2008 deficit level.

Sorry I should have said 2009.

If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $642 billion, CBO estimates, the smallest shortfall since 2008. Relative to the size of the economy, the deficit this year—at 4.0 percent of gross domestic product (GDP)—will be less than half as large as the shortfall in 2009, which was 10.1 percent of GDP.

That's what I get going by memory, mixed up my dates. And actually it will shrink more than they are projecting because they keep Sandy disaster spending and Afghanistan spending at current levels even though those are going to end.

 

[Politician Spock]

Honestly, though, at some point we need to start worrying. We have lots of long term concerns that will drag on the economy: our debt/deficit issues, pension crises, Baby Boomers lack of retirement savings, continued problems in Europe, etc.

If there were any place else to get decent returns, I think I'd lower my percentage in equities and be safe.

Deficit is on the decline here due to new revenue and cuts. In fact it is projected to continue to decline for the next several years. IIRC it is already below the 2008 level of before Obama took office. We don't have a deficit problem we have a problem on the demand side with a lack of jobs.

The new CBO projection of the 2013 deficit is about 40% more than the 2008 deficit level.

Sorry I should have said 2009.

>If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $642 billion, CBO estimates, the smallest shortfall since 2008. Relative to the size of the economy, the deficit this year—at 4.0 percent of gross domestic product (GDP)—will be less than half as large as the shortfall in 2009, which was 10.1 percent of GDP.

That's what I get going by memory, mixed up my dates. And actually it will shrink more than they are projecting because they keep Sandy disaster spending and Afghanistan spending at current levels even though those are going to end.

In 2008 the defict was $458 billion.

In 2009 the defict was $1.413 bilion.

Relative to the size of the economy, every year since 2009 has been a smaller percentage of GDP than 2009. The deficit to GDP ratio hit its highest point in 2009 since WWII and has been declining each year since.

The third chart on this page shows the deficit to GDP ratio by fiscal quarter: http://www.deptofnumbers.com/misc/debt-revenue-and-expenditures-as-a-fraction-of-gdp/

With these new projections, 2013 might end up being a better ratio than 2008, but 2008 was pretty bad too. And that assumes some other country doesn't do something stupid the rest of this year. It's only the middle of May. Still a ways to go before we can claim it's better than 2008.

 

[lod01]

Terrific bump

starting......now

Here's your winner. 1% off the peak.

 

[Joe T]

 

[The_Man]

Over the next four months several factors (including but not limited to Europe and the political mudslinging) are going to result in significant stock market losses IMHO. It may not happen, but I think the likelihood is much stronger than an increase. The Dow is at 12,997 right now.

The Dow is at 15,563 right now - 19.75% in the 54 weeks since this thread started. This is like the 90s.

In fact, as funny as the original post now looks, I'm starting to wonder how much longer this thing can climb.

 

[General Malaise]

Over the next four months several factors (including but not limited to Europe and the political mudslinging) are going to result in significant stock market losses IMHO. It may not happen, but I think the likelihood is much stronger than an increase. The Dow is at 12,997 right now.

The Dow is at 15,563 right now - 19.75% in the 54 weeks since this thread started. This is like the 90s.

In fact, as funny as the original post now looks, I'm starting to wonder how much longer this thing can climb.

We are awash in liquidity. There's really no where else to go.

 

[Aaron Rudnicki]

literally the worst call this board has ever seen

 

[Fennis]

Over the next four months several factors (including but not limited to Europe and the political mudslinging) are going to result in significant stock market losses IMHO. It may not happen, but I think the likelihood is much stronger than an increase. The Dow is at 12,997 right now.

The Dow is at 15,563 right now - 19.75% in the 54 weeks since this thread started. This is like the 90s.

In fact, as funny as the original post now looks, I'm starting to wonder how much longer this thing can climb.

We are awash in liquidity. There's really no where else to go.

S&P I could kiss you.

Should be interesting with inflation just starting to show up.

 

[Dentist]

literally the worst call this board has ever seen

fortunately i don't think anyone followed the advice.

 

[Slapdash]

Should be interesting with inflation just starting to show up.

Wouldn't bet on it.

 

[NCCommish]

Just got a hot tip for all you stock market guys. It appears Taser is about to be rewarded a buttload of police contracts for their new body camera. Apparently they have won a couple already with their new camera and the thinking is they are going to win a lot more given their existing access to police departments and soon. Something to consider if you are looking for a stock on the move I guess.

 

[Joe T]

literally the worst call this board has ever seen

and that IS saying something.

 

[IvanKaramazov]

literally the worst call this board has ever seen

fortunately i don't think anyone followed the advice.

I sincerely hope LHUCKS took his own advice. The thought of him selling just before this huge run-up in the market makes me smile a little inside.

 

[IvanKaramazov]

TommyGunZ reads this thread and thinks "Man, that guy gives some really bad advice."

 

[mphtrilogy]

This is not good. not good at all.

The fed has decided not to Taper. The markets are hooked on methodone.

Not good.

 

[Slapdash]

Just got a hot tip for all you stock market guys. It appears Taser is about to be rewarded a buttload of police contracts for their new body camera. Apparently they have won a couple already with their new camera and the thinking is they are going to win a lot more given their existing access to police departments and soon. Something to consider if you are looking for a stock on the move I guess.

What is a body camera?

 

[AAABatteries]

TURN THOSE MACHINES BACK ON!

 

[NCCommish]

Just got a hot tip for all you stock market guys. It appears Taser is about to be rewarded a buttload of police contracts for their new body camera. Apparently they have won a couple already with their new camera and the thinking is they are going to win a lot more given their existing access to police departments and soon. Something to consider if you are looking for a stock on the move I guess.

What is a body camera?

It is a camera police wear as part of the uniform. Here is the actual device - Axon

 

[tommyGunZ]

TommyGunZ reads this thread and thinks "Man, that guy gives some really bad advice."

 

[Slapdash]

Just got a hot tip for all you stock market guys. It appears Taser is about to be rewarded a buttload of police contracts for their new body camera. Apparently they have won a couple already with their new camera and the thinking is they are going to win a lot more given their existing access to police departments and soon. Something to consider if you are looking for a stock on the move I guess.

What is a body camera?

It is a camera police wear as part of the uniform. Here is the actual device - Axon

Link is blocked at work, but thanks. I was thinking of the stupid TSA body scanners when you mentioned that.

 

[Dentist]

literally the worst call this board has ever seen

fortunately i don't think anyone followed the advice.

I sincerely hope LHUCKS took his own advice. The thought of him selling just before this huge run-up in the market makes me smile a little inside.

I hope so as well simply because putting this kind of thread up and scaring people just might make someone make an irrational market move. Whether he would have been right, wrong, or somewhere in between... it's just not cool to put a thread up like this.

People shouldn't take financial advice solely from a message board (although there are some people i trust on here well enough to do just that).

Having said that, amongst gen Y people the distrust for the market is already so intense that their mindsets are very fragile.

Most of my young employees put their market in either the "conservative fund" or even worse the "money market fund" earning 1%.

They have left literally thousands on the shelf due to fear. I assume the same thing happened with people who lived during some of the other market crashes... tons of irrational behavior.

 

[NCCommish]

Just got a hot tip for all you stock market guys. It appears Taser is about to be rewarded a buttload of police contracts for their new body camera. Apparently they have won a couple already with their new camera and the thinking is they are going to win a lot more given their existing access to police departments and soon. Something to consider if you are looking for a stock on the move I guess.

What is a body camera?

It is a camera police wear as part of the uniform. Here is the actual device - Axon

Link is blocked at work, but thanks. I was thinking of the stupid TSA body scanners when you mentioned that.

Geesh that's some blocking. here's some specifics:

130° lens provides a greater field of view letting officers capture more of what they experienced.

Pre-event video buffer yields the greatest reduction in complaints and lawsuits when actions leading up to the incidents are recorded.

Full shift battery lasts 12 hours, ensuring every incident is captured.

Low light recording best shows what the human eye actually sees.

Improves behavior of all parties during police interaction.

And Taser has a docking station that both downloads the video and charges the camera when the officer goes off shift. It's actually pretty cool tech.

 

[Slapdash]

Just got a hot tip for all you stock market guys. It appears Taser is about to be rewarded a buttload of police contracts for their new body camera. Apparently they have won a couple already with their new camera and the thinking is they are going to win a lot more given their existing access to police departments and soon. Something to consider if you are looking for a stock on the move I guess.

What is a body camera?

It is a camera police wear as part of the uniform. Here is the actual device - Axon

Link is blocked at work, but thanks. I was thinking of the stupid TSA body scanners when you mentioned that.

Geesh that's some blocking. here's some specifics:

130° lens provides a greater field of view letting officers capture more of what they experienced.

Pre-event video buffer yields the greatest reduction in complaints and lawsuits when actions leading up to the incidents are recorded.

Full shift battery lasts 12 hours, ensuring every incident is captured.

Low light recording best shows what the human eye actually sees.

Improves behavior of all parties during police interaction.

And Taser has a docking station that both downloads the video and charges the camera when the officer goes off shift. It's actually pretty cool tech.

This actually sounds good, I am a fan of all police interactions being recorded.

And, yeah, we are on about as much lock-down as you can get between filters and old browsers that can't display a lot of sites well. That is why I post here too damn much.

 

[dickey moe]

Taper shmaper.

 

[bigbottom]

A perfect Gunz'ing so far.

Sorry to disappoint, but I'm currently all-in. :AAPL:

Wow the perfect prognostication storm. Gunz versus Hucks. A knockdown dragout with the economy in the balance. This time it's personal.

I'm sure this has already been bumped, but just in case.

September 2012 - LHUCKS prognosticates against the DOW at 12,997 and Gunz prognosticates in favor of AAPL at $680.

 

[NCCommish]

Just got a hot tip for all you stock market guys. It appears Taser is about to be rewarded a buttload of police contracts for their new body camera. Apparently they have won a couple already with their new camera and the thinking is they are going to win a lot more given their existing access to police departments and soon. Something to consider if you are looking for a stock on the move I guess.

What is a body camera?

It is a camera police wear as part of the uniform. Here is the actual device - Axon

Link is blocked at work, but thanks. I was thinking of the stupid TSA body scanners when you mentioned that.

Geesh that's some blocking. here's some specifics:

130° lens provides a greater field of view letting officers capture more of what they experienced.

Pre-event video buffer yields the greatest reduction in complaints and lawsuits when actions leading up to the incidents are recorded.

Full shift battery lasts 12 hours, ensuring every incident is captured.

Low light recording best shows what the human eye actually sees.

Improves behavior of all parties during police interaction.

And Taser has a docking station that both downloads the video and charges the camera when the officer goes off shift. It's actually pretty cool tech.

This actually sounds good, I am a fan of all police interactions being recorded.

And, yeah, we are on about as much lock-down as you can get between filters and old browsers that can't display a lot of sites well. That is why I post here too damn much.

Yeah the price point is sub 300 retail. I could see this being a big seller for them.

 

[Joe T]

A perfect Gunz'ing so far.

Sorry to disappoint, but I'm currently all-in. :AAPL:

Wow the perfect prognostication storm. Gunz versus Hucks. A knockdown dragout with the economy in the balance. This time it's personal.

I'm sure this has already been bumped, but just in case.

September 2012 - LHUCKS prognosticates against the DOW at 12,997 and Gunz prognosticates in favor of AAPL at $680.

AAPL is only down 34% since that Tgunz-ing.

 

[Joe T]

To recap:

Hucks says to get out of the market it proceeds to go on a +20% upward tear.

Gunz claims to be "all in" on AAPL and it proceeds to go on a -34% death spiral.

- You literally cannot make this stuff up.

 

[NCCommish]

A perfect Gunz'ing so far.

Sorry to disappoint, but I'm currently all-in. :AAPL:

Wow the perfect prognostication storm. Gunz versus Hucks. A knockdown dragout with the economy in the balance. This time it's personal.

I'm sure this has already been bumped, but just in case.

September 2012 - LHUCKS prognosticates against the DOW at 12,997 and Gunz prognosticates in favor of AAPL at $680.

It's amazing really. I just wish I could harness this power as a force for good.

 

[tommyGunZ]

Yeah yeah yeah, get your laughs in now fellas. I've taken a big one in the shorts over the last 12 months will APPL.

 

[Joe T]

If I ran a hedge fund I'd name it "fading LHUCKS" and I'd be up boatloads.

I'm not sure if the market would just freeze over or implode.

GunZ desperate to transfer his rep on to some other mope. Not so fast.

lolz