burrocrat's Account Talk

[RealMoneyIssues]

well i'm out for a few days and i wish you all a merry christmas.

this year i hope santa finally brings me a big order of common sense, patience, and compassion. but if he don't i won't be disappointed.

Merry Christmas to you too!!

Santa hasn't brought me any of that yet either... But I always hope

 

[burrocrat]

i think it's about time we just jump off the cliff already, it's probably the only way we can actually cut spending, and it seems our creditors are looking for more blood. maybe if we appease them with a little austerity they'll keep lending to us.

gyros all around, on me if they give us back our g funds.

wheeeee!

 

[burrocrat]

oh what the hell, here today and gone tomorrow.

from 100 Gyro fund to 75c 25s cob today.

 

[burrocrat]

c'mon honey, now's the time, give me a big discount on my buyin.

 

[burrocrat]

back to 100 Gyro fund at cob today.

 

[burrocrat]

well that 1 day round trip worked out pretty good. starting the year off in G, i don't think we're out of the woods yet.

 

[burrocrat]

i've been 100% G since the first of the year and let me tell you what. this sitting around waiting for a crash is soooo booooooring.

what happened to the old days when the sky was falling every other week or so? ah, good times.

 

[RealMoneyIssues]

i've been 100% G since the first of the year and let me tell you what. this sitting around waiting for a crash is soooo booooooring.

what happened to the old days when the sky was falling every other week or so? ah, good times.

Now there is no ceiling... The sky is the limit !!! :nuts:

I guess I am with you and am just looking for a small dip to buy in so I don't feel like I am buying at these nearly all time highs... :blink:

 

[JTH]

i've been 100% G since the first of the year and let me tell you what. this sitting around waiting for a crash is soooo booooooring.

what happened to the old days when the sky was falling every other week or so? ah, good times.

The bigger self-evaluating question is what is it that has kept you out of the markets this long?

 

[burrocrat]

The bigger self-evaluating question is what is it that has kept you out of the markets this long?

mostly that would be a near complete distrust in the hot air that is underpinning the markets. oh, and my someday to become legendary talent of picking bottoms and capitalizing on 3-day bounces.

 

[JTH]

mostly that would be a near complete distrust in the hot air that is underpinning the markets. oh, and my someday to become legendary talent of picking bottoms and capitalizing on 3-day bounces.

Well I didn't take the same hit as you but I know how you feel, I side-stepped this market and was rewarded with losing a 2.96% gain. From the perspectives I use, this is a snowflake of a rally, no other like it, just clinically insane, and yet it still goes on...

 

[RealMoneyIssues]

Well I didn't take the same hit as you but I know how you feel, I side-stepped this market and was rewarded with losing a 2.96% gain. From the perspectives I use, this is a snowflake of a rally, no other like it, just clinically insane, and yet it still goes on...

It's just hard to fight free money buying equities... So I guess we continue up and by the end of 2015 (isn't that when the Fed thinks they will stop QE) the S&P will be at 2000 and by April 15, 2016 it will be at 1076... :blink:

 

[burrocrat]

It's just hard to fight free money buying equities... So I guess we continue up and by the end of 2015 (isn't that when the Fed thinks they will stop QE) the S&P will be at 2000 and by April 15, 2016 it will be at 1076... :blink:

i'm thinking there might be a bump or two in the road before we get that far.

 

[JTH]

i'm thinking there might be a bump or two in the road before we get that far.

I'd like to see several bump-buying opportunities, the more the better

 

[Birchtree]

Could we be riding one of the longest uninterrupted rallies in stock market history? On average during the twentieth century, stocks suffered a 10% correction every 525 days and a 15% correction every 814 days. This is not 2012 all over again, nor 2011, nor 2010, nor 2009.

 

[burrocrat]

Could we be riding one of the longest uninterrupted rallies in stock market history? On average during the twentieth century, stocks suffered a 10% correction every 525 days and a 15% correction every 814 days. This is not 2012 all over again, nor 2011, nor 2010, nor 2009.

it isn't the 20th century either. even the best cowboys get bucked off now and again. i'll wait for the dust to fly.

 

[konakathy]

Here's a nice article to add to the fear factor of an economic collapse or really BIG correction within the next 60 days.

Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?

Apparently, some high roller trader just placed a hugh bet ($11,250,000.00) that the VIX will move over 20 before April 25. I'm not sure what all this means, but it
sounds like an awful lot of money to put on a crap shoot.

I might play it with more caution and move to the F'n G to safeguard my gains so far.

Dang! Just when I was getting used to that sweet smell of manure.

 

[burrocrat]

Here's a nice article to add to the fear factor of an economic collapse or really BIG correction within the next 60 days.

Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?

Apparently, some high roller trader just placed a hugh bet ($11,250,000.00) that the VIX will move over 20 before April 25. I'm not sure what all this means, but it
sounds like an awful lot of money to put on a crap shoot.

I might play it with more caution and move to the F'n G to safeguard my gains so far.

Dang! Just when I was getting used to that sweet smell of manure.

whoa there negative nelly, sounds like the big boy banks are about to get into a pi**ing contest. you know what happens next right? half of them win, half of them lose, and we all get wet.

i'm just looking for a little profitable strife and turmoil, not the end of the world.

 

[konakathy]

Oh, now, now. I'm not being negative....just sharing some information.

I'm not the one who's been sitting on the sidelines.

 

[burrocrat]

i'm finding i kind of like it on the sidelines. you don't have to run so fast all the time and plus that's where the cheerleaders hang out.