Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
That'll happen in November after elections and we can short the market and ride it down :0008
- Aug 22, 2010
- 499
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No Way Bud ! :nono: Made some nice coin in the last few days :00hour
when ya coming up to 119th & Roe :shrug: drinks are on me :mj06:
Was ordering movie on netflix and got to thinking.
How on earth could we have missed this no brainer
How did those of us that used netfilx back then miss the boat on this stock when it was $10 a couple years ago ($140) now.
We all knew we wouldn't go back to the video store route again and knew no one else would either once they used it.
Wonder what $20,000 would have returned putting 1/2 on Netflix and the other 1/2 shorting blockbuster which was $6 then--6 cents now?
How on earth could we have missed this no brainer
How did those of us that used netfilx back then miss the boat on this stock when it was $10 a couple years ago ($140) now.
We all knew we wouldn't go back to the video store route again and knew no one else would either once they used it.
Wonder what $20,000 would have returned putting 1/2 on Netflix and the other 1/2 shorting blockbuster which was $6 then--6 cents now?
Saw this on a financial board, hope it's ok to post.
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By: cashmccall
15 Sep 2010, 07:25 PM EDT
Rating: Rate this post: Msg. 1146927 of 1147471
(Reply to 1146922 by mt.men)
Jump to msg. #
Mt.Men, The outflows are the tip of the iceberg. This is all hedge funds moving the markets with low volume. Today's "rally news" was even worse than it has been. Manufacturing down, housing inventories up and an inevitable price slide. There is no equity and so it is going to be a squeeze down.
Notice that your long holdings are not actually improving in this "rally" in fact, they are heading south. Hedges are shorting finanicals to death, even with the face of a "rally." And you pointed out something important.. Who is buying this market.
I am generally a bull when it comes to an unmolested market driven economy but that is not the case. There are no real "values" here. These markets are not low, they are high. Look at the PE ratios going into a slowdown. We are slowing, and negative growth is a relative term. GDP has dropped 65% in the last 6 months. If you were at zero, you would be in negative growth. So the Bernanke currency flood has essentially done nothing.
The unemployment.. the real number is 19% in my state. The 9.6% is only a claims driven number and doesn't even touch self-employment, independent contractors or those under the radar.
This last week, something remarkable occurred. They paraded out Buffett again to say there was no double dip coming. This was followed by Ballmer saying the same then saying that Microsoft had to take on debt to pay dividends because the company cash was tied up overseas.
Buffet and gates are both holding derivatives. Buffett is 100% selfserving. A few years ago he was complaining about not being taxed enough, but the entire structure of his business is to avoid paying tax. So where does he get off trying to tax citizens more? We were supposed to believe that was some kind of profound observation that he wanted to pay more tax. But he has lots of tax attorneys to make sure that doesn't happen.
Boomberg is the same... just keep the so-called good news coming. Well it is not really good news but cloaked as "not as bad as we thought news" and the hedges have continued to push up the Dow and S&P. But where the fk is all the money going. It is pouring out of finanicals, it is pouring out of oil, semiconductors are getting slammed, Chinese stocks hammered, Chemicals wasted, Cyclicals pounded...
Today bloomberg said it was healthcare and hospitals, none of which have a compelling story.
Most balanced portfolios have seen a decline during the Sept rallies. This leads to the conclusion that market imbalances are off the charts. But this also contains the VIX. Why? It is the Hindenburg effect, of imbalance internally yet if taken on a whole giving the appearance of balance. A lot of stocks are getting sacked in these rallies yet the dow rises. Value investors want out. They continue to move to cash and they are not going to wait on obama and the lunatic congress to see if they are going to act on the Bush Tax cuts. The wealthy stand to lose and they need to exit the markets to post income this year rather than next when they are carpetbombed. So their will have to be a huge sell off in long term capital gains stocks this year. So many are just saying fk it and are pulling money out of the markets and letting the hedge funds play with themselves.
I have never seen more unstable markets or markets that moved with nothing. Even the Dot coms had ideas and capital to expand but all we have is this mountiain of debt and here we go with another mortgage and real estate mat slammer. That is why Buffett came out to announce that the double dip was off the schedule. He has been told how much money is being pulled out of markets and he is sweating it.
To me it would be a joy to watch Buffett and his buds at Goldman and Gates, get ripped to shreds by those derivatives. Remember in that walls street reform legislation, a pile of nothing but krap, he got his own personal exemption from his boy Ben Nelson so he did not have to put up an cash reserves. So maybe Buffett is about to get caught in the Helicopter rotors. If people keep pulling money out of markets and the hedge funds all singing in unison that there will be no double dip and the markets are now safe for your life savings... fail to woo the fresh mullett, they indeed may run out of other people's money and get nailed.
I think the Flash Crash which you also mentioned was a crowning moment for many investors. It was sort of like the first time the terrorist tried to bomb the world trade buildings. And the Gov approach has been the same.. SEC never claims to have found the cause and they have no real concerns about how to stop a massive Flash crash in the future. And as in 9/11, where citizens stupidly trusted gov to prevent such events, people are now smarter and trusting their own instincts and getting out. 9/11 is a great lesson for everyone about Gov ineptness. The military and national guard, who apparently don't work except on weekends... of the Trillions spent over the years... they couldn't launch a single armed aircraft closer to NYC than Indiana! How inept is that?
Hedges can try to squeeze the shorts and defensive players till they turn blue, at some point those buying this phony rally and attempted short squeeze will get chopped up when they run out of money and margin to the hilt. Then when it goes down, you will see more hedges destroyed in an hour than any time in history.
Finally, think about this. This gov and the Fed have pushed trillions in debt, trillions on the Fed balance sheet and we have 18% real unemployment, and a GDP that sank 65%. I would call that reason for concern... and the tip off was Buffett coming out of nowhere to announce that the double dip had been taken off the schedule. I think Buffett is scared.
:scared
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By: cashmccall
15 Sep 2010, 07:25 PM EDT
Rating: Rate this post: Msg. 1146927 of 1147471
(Reply to 1146922 by mt.men)
Jump to msg. #
Mt.Men, The outflows are the tip of the iceberg. This is all hedge funds moving the markets with low volume. Today's "rally news" was even worse than it has been. Manufacturing down, housing inventories up and an inevitable price slide. There is no equity and so it is going to be a squeeze down.
Notice that your long holdings are not actually improving in this "rally" in fact, they are heading south. Hedges are shorting finanicals to death, even with the face of a "rally." And you pointed out something important.. Who is buying this market.
I am generally a bull when it comes to an unmolested market driven economy but that is not the case. There are no real "values" here. These markets are not low, they are high. Look at the PE ratios going into a slowdown. We are slowing, and negative growth is a relative term. GDP has dropped 65% in the last 6 months. If you were at zero, you would be in negative growth. So the Bernanke currency flood has essentially done nothing.
The unemployment.. the real number is 19% in my state. The 9.6% is only a claims driven number and doesn't even touch self-employment, independent contractors or those under the radar.
This last week, something remarkable occurred. They paraded out Buffett again to say there was no double dip coming. This was followed by Ballmer saying the same then saying that Microsoft had to take on debt to pay dividends because the company cash was tied up overseas.
Buffet and gates are both holding derivatives. Buffett is 100% selfserving. A few years ago he was complaining about not being taxed enough, but the entire structure of his business is to avoid paying tax. So where does he get off trying to tax citizens more? We were supposed to believe that was some kind of profound observation that he wanted to pay more tax. But he has lots of tax attorneys to make sure that doesn't happen.
Boomberg is the same... just keep the so-called good news coming. Well it is not really good news but cloaked as "not as bad as we thought news" and the hedges have continued to push up the Dow and S&P. But where the fk is all the money going. It is pouring out of finanicals, it is pouring out of oil, semiconductors are getting slammed, Chinese stocks hammered, Chemicals wasted, Cyclicals pounded...
Today bloomberg said it was healthcare and hospitals, none of which have a compelling story.
Most balanced portfolios have seen a decline during the Sept rallies. This leads to the conclusion that market imbalances are off the charts. But this also contains the VIX. Why? It is the Hindenburg effect, of imbalance internally yet if taken on a whole giving the appearance of balance. A lot of stocks are getting sacked in these rallies yet the dow rises. Value investors want out. They continue to move to cash and they are not going to wait on obama and the lunatic congress to see if they are going to act on the Bush Tax cuts. The wealthy stand to lose and they need to exit the markets to post income this year rather than next when they are carpetbombed. So their will have to be a huge sell off in long term capital gains stocks this year. So many are just saying fk it and are pulling money out of the markets and letting the hedge funds play with themselves.
I have never seen more unstable markets or markets that moved with nothing. Even the Dot coms had ideas and capital to expand but all we have is this mountiain of debt and here we go with another mortgage and real estate mat slammer. That is why Buffett came out to announce that the double dip was off the schedule. He has been told how much money is being pulled out of markets and he is sweating it.
To me it would be a joy to watch Buffett and his buds at Goldman and Gates, get ripped to shreds by those derivatives. Remember in that walls street reform legislation, a pile of nothing but krap, he got his own personal exemption from his boy Ben Nelson so he did not have to put up an cash reserves. So maybe Buffett is about to get caught in the Helicopter rotors. If people keep pulling money out of markets and the hedge funds all singing in unison that there will be no double dip and the markets are now safe for your life savings... fail to woo the fresh mullett, they indeed may run out of other people's money and get nailed.
I think the Flash Crash which you also mentioned was a crowning moment for many investors. It was sort of like the first time the terrorist tried to bomb the world trade buildings. And the Gov approach has been the same.. SEC never claims to have found the cause and they have no real concerns about how to stop a massive Flash crash in the future. And as in 9/11, where citizens stupidly trusted gov to prevent such events, people are now smarter and trusting their own instincts and getting out. 9/11 is a great lesson for everyone about Gov ineptness. The military and national guard, who apparently don't work except on weekends... of the Trillions spent over the years... they couldn't launch a single armed aircraft closer to NYC than Indiana! How inept is that?
Hedges can try to squeeze the shorts and defensive players till they turn blue, at some point those buying this phony rally and attempted short squeeze will get chopped up when they run out of money and margin to the hilt. Then when it goes down, you will see more hedges destroyed in an hour than any time in history.
Finally, think about this. This gov and the Fed have pushed trillions in debt, trillions on the Fed balance sheet and we have 18% real unemployment, and a GDP that sank 65%. I would call that reason for concern... and the tip off was Buffett coming out of nowhere to announce that the double dip had been taken off the schedule. I think Buffett is scared.
:scared
