Barnaby, how are those shorts working out?

[TheBreeze]

Just checking in with the trading geniuses on this site. I know that Barnaby was panicking last week and urging everyone to get out of the market when the Dow was under 12K. Barnaby also declared dollar-cost averaging at those levels to be “beyond stupid”. Great advice, Barnaby. No doubt you are well on your way to retiring early.

I wonder how many of you trading geniuses shorted Lehman yesterday at 26. Bet that smarts a little today.

Anyhoo, just wanted to post a short note acknowledging the trading acumen of the posters here. I must say your performance has been quite amazing to watch.

[barnaby33]

I’m down for the week, but then its only two days old and one of them (today I think) was a +400 point day. For the month Im up and for the last 12 months up about 200%. Not stellar I know, but then again I never claimed to be a genius.

I stand by what I said. If you think today was part of any sustainable movement in the stock market you need to have your head examined.

It was a bear market rally, triggered by false optimism and aided I would suspect in a lot of short covering. Lets talk in two weeks and see if you are still so smug. I’ve already told you what I’m doing, now its your turn, or are you too much of a chump?

Josh

[barnaby33]

I’m down for the week, but then its only two days old and one of them (today I think) was a +400 point day. For the month Im up and for the last 12 months up about 200%. Not stellar I know, but then again I never claimed to be a genius.

I stand by what I said. If you think today was part of any sustainable movement in the stock market you need to have your head examined.

It was a bear market rally, triggered by false optimism and aided I would suspect in a lot of short covering. Lets talk in two weeks and see if you are still so smug. I’ve already told you what I’m doing, now its your turn, or are you too much of a chump?

Josh

[barnaby33]

I’m down for the week, but then its only two days old and one of them (today I think) was a +400 point day. For the month Im up and for the last 12 months up about 200%. Not stellar I know, but then again I never claimed to be a genius.

I stand by what I said. If you think today was part of any sustainable movement in the stock market you need to have your head examined.

It was a bear market rally, triggered by false optimism and aided I would suspect in a lot of short covering. Lets talk in two weeks and see if you are still so smug. I’ve already told you what I’m doing, now its your turn, or are you too much of a chump?

Josh

[barnaby33]

I’m down for the week, but then its only two days old and one of them (today I think) was a +400 point day. For the month Im up and for the last 12 months up about 200%. Not stellar I know, but then again I never claimed to be a genius.

I stand by what I said. If you think today was part of any sustainable movement in the stock market you need to have your head examined.

It was a bear market rally, triggered by false optimism and aided I would suspect in a lot of short covering. Lets talk in two weeks and see if you are still so smug. I’ve already told you what I’m doing, now its your turn, or are you too much of a chump?

Josh

[barnaby33]

I’m down for the week, but then its only two days old and one of them (today I think) was a +400 point day. For the month Im up and for the last 12 months up about 200%. Not stellar I know, but then again I never claimed to be a genius.

I stand by what I said. If you think today was part of any sustainable movement in the stock market you need to have your head examined.

It was a bear market rally, triggered by false optimism and aided I would suspect in a lot of short covering. Lets talk in two weeks and see if you are still so smug. I’ve already told you what I’m doing, now its your turn, or are you too much of a chump?

Josh

[Arty]

TheBreeze,

Are you the same poster who said Dow 10,000 this last Sunday after the $2/share JPM offer? Calm down, even if you are just shorting the market i.e. buying short ETF, do think at least a year from now. At least that’s for me :). Historically, is there ever a stock market crash this early in the year?

[Arty]

TheBreeze,

Are you the same poster who said Dow 10,000 this last Sunday after the $2/share JPM offer? Calm down, even if you are just shorting the market i.e. buying short ETF, do think at least a year from now. At least that’s for me :). Historically, is there ever a stock market crash this early in the year?

[Arty]

TheBreeze,

Are you the same poster who said Dow 10,000 this last Sunday after the $2/share JPM offer? Calm down, even if you are just shorting the market i.e. buying short ETF, do think at least a year from now. At least that’s for me :). Historically, is there ever a stock market crash this early in the year?

[Arty]

TheBreeze,

Are you the same poster who said Dow 10,000 this last Sunday after the $2/share JPM offer? Calm down, even if you are just shorting the market i.e. buying short ETF, do think at least a year from now. At least that’s for me :). Historically, is there ever a stock market crash this early in the year?

[Arty]

TheBreeze,

Are you the same poster who said Dow 10,000 this last Sunday after the $2/share JPM offer? Calm down, even if you are just shorting the market i.e. buying short ETF, do think at least a year from now. At least that’s for me :). Historically, is there ever a stock market crash this early in the year?

[TheBreeze]

I’m still dollar-cost averaging. I get paid every two weeks and I contribute the max to my 401(k) and that goes automatically into a few index funds. I also make periodic investments in the SPY outside of my 401(k).

More importantly, I haven’t pulled out of any of the investments I’ve made over the last several years. Slow and steady wins the race.

And yes, I did say 10K on Monday. That’s how low I think the market could go before this is all over. It doesn’t mean I’m selling though. Since I’m not a trading genius like Barnaby, I plan to continue dollar cost averaging over the next 15 years regardless of how the market does in the short term.

I’ve yet to see any of the trading geniuses say what they are doing in real time. It’s always “I’m up 200% for the year” or some BS like that.

[TheBreeze]

I’m still dollar-cost averaging. I get paid every two weeks and I contribute the max to my 401(k) and that goes automatically into a few index funds. I also make periodic investments in the SPY outside of my 401(k).

More importantly, I haven’t pulled out of any of the investments I’ve made over the last several years. Slow and steady wins the race.

And yes, I did say 10K on Monday. That’s how low I think the market could go before this is all over. It doesn’t mean I’m selling though. Since I’m not a trading genius like Barnaby, I plan to continue dollar cost averaging over the next 15 years regardless of how the market does in the short term.

I’ve yet to see any of the trading geniuses say what they are doing in real time. It’s always “I’m up 200% for the year” or some BS like that.

[TheBreeze]

I’m still dollar-cost averaging. I get paid every two weeks and I contribute the max to my 401(k) and that goes automatically into a few index funds. I also make periodic investments in the SPY outside of my 401(k).

More importantly, I haven’t pulled out of any of the investments I’ve made over the last several years. Slow and steady wins the race.

And yes, I did say 10K on Monday. That’s how low I think the market could go before this is all over. It doesn’t mean I’m selling though. Since I’m not a trading genius like Barnaby, I plan to continue dollar cost averaging over the next 15 years regardless of how the market does in the short term.

I’ve yet to see any of the trading geniuses say what they are doing in real time. It’s always “I’m up 200% for the year” or some BS like that.

[TheBreeze]

I’m still dollar-cost averaging. I get paid every two weeks and I contribute the max to my 401(k) and that goes automatically into a few index funds. I also make periodic investments in the SPY outside of my 401(k).

More importantly, I haven’t pulled out of any of the investments I’ve made over the last several years. Slow and steady wins the race.

And yes, I did say 10K on Monday. That’s how low I think the market could go before this is all over. It doesn’t mean I’m selling though. Since I’m not a trading genius like Barnaby, I plan to continue dollar cost averaging over the next 15 years regardless of how the market does in the short term.

I’ve yet to see any of the trading geniuses say what they are doing in real time. It’s always “I’m up 200% for the year” or some BS like that.

[Author]

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