Buy now or be priced out forever!

[Diego Mamani]

“The Fed is pulling out all the stops…”

Agreed. Problem is, each stop it pulls brings the dollar down more and more. The current “war on the dollar” and “war on savers” moves on at full steam, thanks to our central bank (by the way, its name is abbreviated Fed, not FED).

A recession that penalizes those who took too much risk durig the boom (and penalizes some innocent victims too) would be preferable to the current situation: countless savers are being robbed of the value of their life savings, and our unstable and debased currency will create problems for years and years to come. And the risk takers who created this mess in the first place? They get a bailout! So they’ll be even more careless in the next boom.

Geez, thanks Fed for being so “independent” and withstanding political pressure to flood the world with dollars and decimating the value of my savings so that debtors can have their irresponsible debts reduced by inflation. (/sarcasm off)

[blackbox]

Yep, exactly my point!

A guy stating that this is a good opportunity to buy more ultra short shares reminds me of the guy who just made 50K in 6 months flipping a condo,and then saying “gee, you know, I should try to flip 3 condos this next time around”

Usually when a it becomes a “no-brainer”, that’s when you get smacked against the head.

A true contrarian goes against the herd. For example: when I bought RIG at $12 a share, and oil was $10 a barrel. I’m sure the majority of the people were saying, “hey, I’m am doubling my short on oil stocks because I made a ton shorting thus far”

When I bought SRS at $25 I’m sure the majority of people were saying home prices would go up forever,and building homes is like printing money.

Pretty insane

[blackbox]

Yep, exactly my point!

A guy stating that this is a good opportunity to buy more ultra short shares reminds me of the guy who just made 50K in 6 months flipping a condo,and then saying “gee, you know, I should try to flip 3 condos this next time around”

Usually when a it becomes a “no-brainer”, that’s when you get smacked against the head.

A true contrarian goes against the herd. For example: when I bought RIG at $12 a share, and oil was $10 a barrel. I’m sure the majority of the people were saying, “hey, I’m am doubling my short on oil stocks because I made a ton shorting thus far”

When I bought SRS at $25 I’m sure the majority of people were saying home prices would go up forever,and building homes is like printing money.

Pretty insane

[blackbox]

Yep, exactly my point!

A guy stating that this is a good opportunity to buy more ultra short shares reminds me of the guy who just made 50K in 6 months flipping a condo,and then saying “gee, you know, I should try to flip 3 condos this next time around”

Usually when a it becomes a “no-brainer”, that’s when you get smacked against the head.

A true contrarian goes against the herd. For example: when I bought RIG at $12 a share, and oil was $10 a barrel. I’m sure the majority of the people were saying, “hey, I’m am doubling my short on oil stocks because I made a ton shorting thus far”

When I bought SRS at $25 I’m sure the majority of people were saying home prices would go up forever,and building homes is like printing money.

Pretty insane

[blackbox]

Yep, exactly my point!

A guy stating that this is a good opportunity to buy more ultra short shares reminds me of the guy who just made 50K in 6 months flipping a condo,and then saying “gee, you know, I should try to flip 3 condos this next time around”

Usually when a it becomes a “no-brainer”, that’s when you get smacked against the head.

A true contrarian goes against the herd. For example: when I bought RIG at $12 a share, and oil was $10 a barrel. I’m sure the majority of the people were saying, “hey, I’m am doubling my short on oil stocks because I made a ton shorting thus far”

When I bought SRS at $25 I’m sure the majority of people were saying home prices would go up forever,and building homes is like printing money.

Pretty insane

[blackbox]

Yep, exactly my point!

A guy stating that this is a good opportunity to buy more ultra short shares reminds me of the guy who just made 50K in 6 months flipping a condo,and then saying “gee, you know, I should try to flip 3 condos this next time around”

Usually when a it becomes a “no-brainer”, that’s when you get smacked against the head.

A true contrarian goes against the herd. For example: when I bought RIG at $12 a share, and oil was $10 a barrel. I’m sure the majority of the people were saying, “hey, I’m am doubling my short on oil stocks because I made a ton shorting thus far”

When I bought SRS at $25 I’m sure the majority of people were saying home prices would go up forever,and building homes is like printing money.

Pretty insane

[Arty]

With the same logic, the herd is the one who brought in so call the bottomed stocks today :P.

[Arty]

With the same logic, the herd is the one who brought in so call the bottomed stocks today :P.

[Arty]

With the same logic, the herd is the one who brought in so call the bottomed stocks today :P.

[Arty]

With the same logic, the herd is the one who brought in so call the bottomed stocks today :P.

[Arty]

With the same logic, the herd is the one who brought in so call the bottomed stocks today :P.

[barnaby33]

Every bear needs a bull to make money off of. Today was brutal no doubt about that. Its a bear market, no doubt about that. These Fed induced rallies tend to last a week or two. I’ll wait a couple of days then load back up on puts and ultra shorts, no doubt about that.

Its good to be a contrarian, but only if its fact based. In your average recession equities lose 30% of their value (per Karl on Ticker Forum.) This will be no average recession. Its already astonishing at the speed of the collapse. Encouraging people to go long even via dollar cost averaging at this point is beyond stupid. Might as well buy real estate, you are lighting money on fire either way. Most of us don’t have “decades” to save as we will need that money for various things at various points in our lives. Buying a house, paying for children and or medical expenses come to mind.

What the Fed is doing has just created another sucker rally, caviat emptor.

Josh

[barnaby33]

Every bear needs a bull to make money off of. Today was brutal no doubt about that. Its a bear market, no doubt about that. These Fed induced rallies tend to last a week or two. I’ll wait a couple of days then load back up on puts and ultra shorts, no doubt about that.

Its good to be a contrarian, but only if its fact based. In your average recession equities lose 30% of their value (per Karl on Ticker Forum.) This will be no average recession. Its already astonishing at the speed of the collapse. Encouraging people to go long even via dollar cost averaging at this point is beyond stupid. Might as well buy real estate, you are lighting money on fire either way. Most of us don’t have “decades” to save as we will need that money for various things at various points in our lives. Buying a house, paying for children and or medical expenses come to mind.

What the Fed is doing has just created another sucker rally, caviat emptor.

Josh

[barnaby33]

Every bear needs a bull to make money off of. Today was brutal no doubt about that. Its a bear market, no doubt about that. These Fed induced rallies tend to last a week or two. I’ll wait a couple of days then load back up on puts and ultra shorts, no doubt about that.

Its good to be a contrarian, but only if its fact based. In your average recession equities lose 30% of their value (per Karl on Ticker Forum.) This will be no average recession. Its already astonishing at the speed of the collapse. Encouraging people to go long even via dollar cost averaging at this point is beyond stupid. Might as well buy real estate, you are lighting money on fire either way. Most of us don’t have “decades” to save as we will need that money for various things at various points in our lives. Buying a house, paying for children and or medical expenses come to mind.

What the Fed is doing has just created another sucker rally, caviat emptor.

Josh

[barnaby33]

Every bear needs a bull to make money off of. Today was brutal no doubt about that. Its a bear market, no doubt about that. These Fed induced rallies tend to last a week or two. I’ll wait a couple of days then load back up on puts and ultra shorts, no doubt about that.

Its good to be a contrarian, but only if its fact based. In your average recession equities lose 30% of their value (per Karl on Ticker Forum.) This will be no average recession. Its already astonishing at the speed of the collapse. Encouraging people to go long even via dollar cost averaging at this point is beyond stupid. Might as well buy real estate, you are lighting money on fire either way. Most of us don’t have “decades” to save as we will need that money for various things at various points in our lives. Buying a house, paying for children and or medical expenses come to mind.

What the Fed is doing has just created another sucker rally, caviat emptor.

Josh

[Author]

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