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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #31,141
  • Feb 4, 2010 4:03pm Feb 4, 2010 4:03pm
Quoting cisco
I understand Haiti's available!
It would be cheaper to pay the 7 figures and stick with you guys in the Bahamas!
  • #31,142
  • Feb 4, 2010 4:20pm Feb 4, 2010 4:20pm
Quoting PippiNole
It would be cheaper to pay the 7 figures and stick with you guys in the Bahamas!
Good choice. Considering the problems in Haiti it might be a little difficult to sell the concept of the 4 F's.

When can I expect your retainer?
Hi, my name is Barry and you can keep your doctor...
  • #31,143
  • Feb 4, 2010 4:22pm Feb 4, 2010 4:22pm
Quoting eohater
Not today, but soon!

What's worse is in 6months when it's between 6700 and 6400

you are awefully generous with your appraisal. i'm projecting as low as 4000.
OUCH! that will leave a BAD mark if that happens
  • #31,144
  • Feb 4, 2010 7:05pm Feb 4, 2010 7:05pm
Been reading over this thread. I like the concepts so far.

I had to jump in here.........The DOW to 6700-6000-5500 won't take 6 months this time. I think it will be marked in weeks.

There's a bloodbath coming. I've been out of all equities for 2 months waiting for what is coming our way.

FX markets will be on a wild ride.
  • #31,145
  • Feb 4, 2010 7:46pm Feb 4, 2010 7:46pm
Quoting redroadking
Been reading over this thread. I like the concepts so far.

I had to jump in here.........The DOW to 6700-6000-5500 won't take 6 months this time. I think it will be marked in weeks.

There's a bloodbath coming. I've been out of all equities for 2 months waiting for what is coming our way.

FX markets will be on a wild ride.
i would think weeks might be far fetched but there is always the possibility. i've been projecting AT LEAST a dbl bottom in stocks since the very beginnings of the "first recovery". (what a load of crap the media fed the population on that).

I have warned many of my friends and family to watch out carefully. Of course i hope im wrong, but there are too many signs pointing that we are in for a world of hurt here in the US as well as abroad. Especially now with the new and improved deficit. Which is really funny to me since i called my credit cards today asking for a reduction in my APR (which is out of control). I haven't missed a payment in 10 years and never late. My business is taking a bath and i need some "easing up" on my APR to help make it easier. They said NO straight out of the gate. But what does our government get? MORE FREAKIN MONEY!!!! I'm going broke and they are getting rich. Godlman get a cool BILL to fund their own debacle and then give out 100 MILL in bonuses? When the people here wake up from their slumber they will be sorry they slept.

Ok stepping off of soap box.....NOW
  • #31,146
  • Feb 4, 2010 8:02pm Feb 4, 2010 8:02pm
Quoting dakrusha

Ok stepping off of soap box.....NOW
No soap box - just common sense that is unfortunately not that common any more!
Read the entire thread BEFORE you ask questions!
  • #31,147
  • Feb 4, 2010 8:07pm Feb 4, 2010 8:07pm
I'm not privy to the US media - however I am amazed at how manipulative the media is here in Oz - recent example - you see news adverts saying "Are we set for another property boom? - watch tonight and find out". So you watch, and the article is about 'experts' proclaiming it is going to stall etc.

When the GFC started, the media fed the fear, so it is not unfeasible to believe that they have been feeding the greed as well.

Quoting dakrusha
i would think weeks might be far fetched but there is always the possibility. i've been projecting AT LEAST a dbl bottom in stocks since the very beginnings of the "first recovery". (what a load of crap the media fed the population on that).

I have warned many of my friends and family to watch out carefully. Of course i hope im wrong, but there are too many signs pointing that we are in for a world of hurt here in the US as well as abroad....
  • #31,148
  • Feb 4, 2010 9:23pm Feb 4, 2010 9:23pm
Dak,

I agree weeks may be a bit overstated, but I don't think by much.

You would probably enjoy reading johngaltfla dot com.

Some pretty sobering chart analysis.

Can't wait to see what kind of action tomorrow brings....
  • #31,149
  • Feb 5, 2010 1:08am Feb 5, 2010 1:08am
Quoting dakrusha
you are awefully generous with your appraisal. i'm projecting as low as 4000.
OUCH! that will leave a BAD mark if that happens
Well, truth be know, I do have a lower number, but I was afraid too many people would say I've lost it.

So, here it goes. The DOW could see 68. Your reading this correct, I said double digit 68.

Will it? I hope not! If so, there is nothing anyone will be able to do to restart the US economy.

BTW, last time when we were pushing into 14000 and I told people we were headed for 6800, they thought I was off my rocker, so it's nothing new. Same with my oil puchase in the 30's targeting 75. I atleast acted on the oil position. I didn't short the DOW unfortunatley !

I'm off my soap box now.
Just digging in the trenches like everyone else!
  • #31,150
  • Feb 5, 2010 1:13am Feb 5, 2010 1:13am
Quoting dakrusha
i would think weeks might be far fetched but there is always the possibility. i've been projecting AT LEAST a dbl bottom in stocks since the very beginnings of the "first recovery". (what a load of crap the media fed the population on that).

I have warned many of my friends and family to watch out carefully. Of course i hope im wrong, but there are too many signs pointing that we are in for a world of hurt here in the US as well as abroad. Especially now with the new and improved deficit. Which is really funny to me since i called my credit...
Just digging in the trenches like everyone else!
  • #31,151
  • Feb 5, 2010 1:16am Feb 5, 2010 1:16am
Quoting johnami
No soap box - just common sense that is unfortunately not that common any more!
Outstanding quote you have from Zig Ziglar in your signature. He's one of my idols and I studied the hell out of him when I was in sales. Amazing how motivating he can and is.

BTW, if no one has read a Zig Ziglar book, I recommend taking the time to do so. Great motivation! Outstanding perspectives that make you think!
Just digging in the trenches like everyone else!
  • #31,152
  • Feb 5, 2010 1:19am Feb 5, 2010 1:19am
It's great to see new faces and new members in the thread making posts. It's always cool to see someone who's been a member for years and only has a handful of posts make a post here.

If your not a member yet, I recommend you take the time over the weekend and join. It's easy, just go to the top of the screen and signup.

Trade well!
Just digging in the trenches like everyone else!
  • #31,153
  • Feb 5, 2010 1:22am Feb 5, 2010 1:22am
Very good morning EO. I hope you are well today
" When the ship starts to sink, don't just pray. JUMP "
  • #31,154
  • Feb 5, 2010 1:26am Feb 5, 2010 1:26am
Quoting Gladis Night
Very good morning EO. I hope you are well today
Outfreaking standing! I'm going to hit my outrageous goal within the hour and I can't freaking wait. I'm ready to party and it's 2:30am where I am.

I hope you are well today! Glad to see you got to tickle the ladies yesterday. Let's do it again!
Just digging in the trenches like everyone else!
  • #31,155
  • Feb 5, 2010 1:27am Feb 5, 2010 1:27am
People often say that motivation doesn't last. Well, neither does bathing - that's why we recommend it daily.


It is a great book, I read the book a long while ago myself.

C.


Quoting eohater
Outstanding quote you have from Zig Ziglar in your signature. He's one of my idols and I studied the hell out of him when I was in sales. Amazing how motivating he can and is.

BTW, if no one has read a Zig Ziglar book, I recommend taking the time to do so. Great motivation! Outstanding perspectives that make you think!
  • #31,156
  • Feb 5, 2010 1:28am Feb 5, 2010 1:28am
Quoting eohater
Outfreaking standing! I'm going to hit my outrageous goal within the hour and I can't freaking wait. I'm ready to party and it's 2:30am where I am.
  • #31,157
  • Feb 5, 2010 1:29am Feb 5, 2010 1:29am
Quoting eohater
Outfreaking standing! I'm going to hit my outrageous goal within the hour and I can't freaking wait. I'm ready to party and it's 2:30am where I am.

thats really great to hear you deserve it for all the help you give

I hope you are well today! Glad to see you got to tickle the ladies yesterday. Let's do it again!
i am good thanks, looking forward to some really interesting times to come this year
" When the ship starts to sink, don't just pray. JUMP "
  • #31,158
  • Feb 5, 2010 1:29am Feb 5, 2010 1:29am
Quoting Ctic
People often say that motivation doesn't last. Well, neither does bathing - that's why we recommend it daily.


It is a great book, I read the book a long while ago myself.

C.
Attitude! Attitude! Attitude! (In case no one understands, life is all about your attitude and perception)

Do you mind sharing what ma's you have on your daily?
Just digging in the trenches like everyone else!
  • #31,159
  • Feb 5, 2010 1:31am Feb 5, 2010 1:31am
Good morning Ctic
Good morning luckylady
I hope you are both well today
" When the ship starts to sink, don't just pray. JUMP "
  • #31,160
  • Feb 5, 2010 1:31am Feb 5, 2010 1:31am
Quoting eohater
Well, truth be know, I do have a lower number, but I was afraid too many people would say I've lost it.

So, here it goes....
I said in 2008 that Oil would be under $100 last year, and some thought I was bonkers, and I still think that oil is still overspeculated, there is so much of the stuff left in the ground, and I'm pretty sure that by the time it does eventually run out we will have plenty of alternatives.
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