I went 90% cash today.

[Coronita]

You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.

Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.

Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.

[an]

[quote=flu]Ok AN, you win. I admit, I was wrong and I over reacted to what I thought a Trump win would do.

BUT… You better be nice to me, otherwise I might be tempted to by more URTY and tank the market just out of spite 🙂

Heh heh….Just kidding.

Thanks for keeping me sane. Cooler heads prevailed, and that would be you. Thumbs up to you.[/quote]flu, I have 3% stop loss on URTY, so, the worse that can happen is I have to settle for 29% gain instead of 32% :-P. Would be nice to see a pull back about now though. Especially if we’ll get a Santa Claus rally.

[an]

[quote=flu]You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.

Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.

Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.[/quote]Well, to be fair, Bush 2 saw .com crash followed quickly by 9/11. So, that kinda shook things up quite a bit.

Also, I’m not feeling the euphoria that I felt in the late 90s. I remember making big gains in days to weeks on anything with a .com in the name or anything having to do with B2B. I don’t see us repeating the kind of crash we saw with the .com because we’re not as crazily valuated like we were with the .com. But, only time will tell. If we do see a 9/11 style attack though, all bets are off.

I’m super excited to see a tax holiday, lower taxes, reduce regulation (2 have to come off the book for every new one), energy regulation, removal of Obamacare, etc. If he does all of that, I predict an awesome 4 years economically.

[Coronita]

[quote=AN][quote=flu]You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.

Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.

Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.[/quote]Well, to be fair, Bush 2 saw .com crash followed quickly by 9/11. So, that kinda shook things up quite a bit.

Also, I’m not feeling the euphoria that I felt in the late 90s. I remember making big gains in days to weeks on anything with a .com in the name or anything having to do with B2B. I don’t see us repeating the kind of crash we saw with the .com because we’re not as crazily valuated like we were with the .com. But, only time will tell. If we do see a 9/11 style attack though, all bets are off.

I’m super excited to see a tax holiday, lower taxes, reduce regulation (2 have to come off the book for every new one), energy regulation, removal of Obamacare, etc. If he does all of that, I predict an awesome 4 years economically.[/quote]

AN, I think for you the stars are going to align just perfectly for you in 2016 and 2017. Having thought over all that has happened, I think you are making the right decisions and your current future looks really bright. I’m really hope this is the your fortunes break out for you. I really want people I know to just kill it out there. So definitely, milk it for all it’s worth. You earned it! Here’s a to prosperous 2017.Go get it. It’s yours.

[spdrun]

What does two regulations for every one even mean? How do you weigh regulations for effect? Will things like instituting more warrantless internal immigration checkpoints count as regulations?

I don’t see Trump removing regulations. I see him regulating more in different areas to favor his favored groups in society. Cops, native born Americans, and big business.

Oh, and how do we spend more money on military pork and infrastructure whilst lowering taxes and auditing the Fed? Issue more bonds? Should be an interesting look on his face when he sees rates go up.

Here’s the other irony: His base was largely rural and red states. The kind of industry that he favors (coal, fracking, etc) tends to end up in rural and semirural areas anyway. The states that favored him have the laxest environmental regulations. How would his supporters feel when they have no clean water to drink and get cancer from air pollution?

[FlyerInHi]

[quote=spdrun]
Oh, and how do we spend more money on military pork and infrastructure whilst lowering taxes and auditing the Fed? Issue more bonds? Should be an interesting look on his face when he sees rates go up.
[/quote]

Military spending and tax cuts at dumb. But we should borrow to spend on infrastructure.

spd, stop caring to much about the world. I have written off the déplorables. They don’t know what’s good for them, but who are we to tell them?
Trump will be good for NY so enjoy it. Maybe he will rebuild the NY transportation insfrastructure to make NY second to none. Then maybe I’ll get a small condo.
I’m going to listen to Garisson Keillor and enjoy living in my liberal elitist bubble while republicans deal with all shit going on. It’s on them to make America great again.

[an]

[quote=flu][quote=AN][quote=flu]You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.

Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.

Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.[/quote]Well, to be fair, Bush 2 saw .com crash followed quickly by 9/11. So, that kinda shook things up quite a bit.

Also, I’m not feeling the euphoria that I felt in the late 90s. I remember making big gains in days to weeks on anything with a .com in the name or anything having to do with B2B. I don’t see us repeating the kind of crash we saw with the .com because we’re not as crazily valuated like we were with the .com. But, only time will tell. If we do see a 9/11 style attack though, all bets are off.

I’m super excited to see a tax holiday, lower taxes, reduce regulation (2 have to come off the book for every new one), energy regulation, removal of Obamacare, etc. If he does all of that, I predict an awesome 4 years economically.[/quote]

AN, I think for you the stars are going to align just perfectly for you in 2016 and 2017. Having thought over all that has happened, I think you are making the right decisions and your current future looks really bright. I’m really hope this is the your fortunes break out for you. I really want people I know to just kill it out there. So definitely, milk it for all it’s worth. You earned it! Here’s a to prosperous 2017.Go get it. It’s yours.[/quote]
Thanks flu. I hope so too. Only time will tell. I think if the star align for me, it’ll align for you too.

[Coronita]

[quote=AN][quote=flu][quote=AN][quote=flu]You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.

Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.

Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.[/quote]Well, to be fair, Bush 2 saw .com crash followed quickly by 9/11. So, that kinda shook things up quite a bit.

Also, I’m not feeling the euphoria that I felt in the late 90s. I remember making big gains in days to weeks on anything with a .com in the name or anything having to do with B2B. I don’t see us repeating the kind of crash we saw with the .com because we’re not as crazily valuated like we were with the .com. But, only time will tell. If we do see a 9/11 style attack though, all bets are off.

I’m super excited to see a tax holiday, lower taxes, reduce regulation (2 have to come off the book for every new one), energy regulation, removal of Obamacare, etc. If he does all of that, I predict an awesome 4 years economically.[/quote]

AN, I think for you the stars are going to align just perfectly for you in 2016 and 2017. Having thought over all that has happened, I think you are making the right decisions and your current future looks really bright. I’m really hope this is the your fortunes break out for you. I really want people I know to just kill it out there. So definitely, milk it for all it’s worth. You earned it! Here’s a to prosperous 2017.Go get it. It’s yours.[/quote]
Thanks flu. I hope so too. Only time will tell. I think if the star align for me, it’ll align for you too.[/quote]

You know what I like about a lot of you gen Yers? You guys haven’t gotten all jaded and bitter like a lot of old farts… I’m getting there, on my way to old fartism 🙂

[spdrun]

Trump will be good for NY so enjoy it.

Unknown — he might try to use the office to rebuild the city into his vision of a white utopia, which will tear the soul out of it. What he THINKS is good for NYC (other than infrastructure spending, which would actually be good) might not actually be good for NYC.

I heard Berlin was a nice place after they kicked the undesirables out of it, built a bunch of big buildings, and made the trains run on time. (That is, before it got the snot bombed out of it.)

[Coronita]

dow futures showing another +80.

[an]

[quote=flu] You know what I like about a lot of you gen Yers? You guys haven’t gotten all jaded and bitter like a lot of old farts… I’m getting there, on my way to old fartism :)[/quote]Technically, I’m X, Y, and millennial, depending on which which source you pick for date, LoL.

[FlyerInHi]

[quote=spdrun]

Trump will be good for NY so enjoy it.

Unknown — he might try to use the office to rebuild the city into his vision of a white utopia, which will tear the soul out of it. What he THINKS is good for NYC (other than infrastructure spending, which would actually be good) might not actually be good for NYC.

I heard Berlin was a nice place after they kicked the undesirables out of it, built a bunch of big buildings, and made the trains run on time. (That is, before it got the snot bombed out of it.)[/quote]

NYC a white utopia? I doubt there will be inbound white migration from Michigan, Wisconsin, Pennsylvania or even upstate NY

Trump might want NY to be an international destination for millionaires and billionaires in which case he will need to relax visa rules. That would clean up NY but sap its soul.

I would support Trump doing something to clean up public transport. I wonder why the subway systems in western countries are so filthy. In Asia, they manage to keep them clean and spotless. It’s shameful that America’s financial center is so filthy.

[spdrun]

1. I’m talking about immigration, not millionaire tourons. You know? People who actually stay long-term and contribute to the city. NYC doesn’t only exist as an amusement park for rich out-of-towners. If Trump wants to turn it into one, screw him.

2. I’d support more public transport construction, not necessarily a cleanup. “Cleanup” in the eyes of politicians means getting the undesirables out. Things like jailing legal subway musicians, as Commissioner Bratton tried to do in 2014. We’re not Singapore. I have no desire to live in Singapore, though I’m sure it’s nice to visit. People who want to live in Singapore should go move to Singapore.

3. Fascism is not an acceptable price to pay for better infrastructure. I’m not willing to trade people I love being stopped, frisked, maybe even deported for the trains running on time.

[FlyerInHi]

Not just Singapore, Asian cities have clean public transport systems.
Bangkok is generally a filthy city with street vendors all over the place. But they manage to keep the subway and skytrain spotless, with aircondironed cars free of smell of urine. They also have nice shopping links.

NYC lacks indoor shopping linked to public transport so you can walk from a station through a shopping gateway on your way to and from home. Then you can conveniently do your errands protected from the weather.

NYC could learn from Hong Kong. Trump had a falling out with his HK partners, but maybe he can invite them back. Many development opportunities.

[spdrun]

Indoor shopping linked to the subway exists in NYC, by the way. Atlantic Yards, 59th St “TurnStyle”, the stores in/near Grand Central, Herald Square Mall.

NYC won’t get it at every station: that would require a massive reconfiguration of street entrances and buildings that people live and work in.

The Singapore and Bangkok MRT systems are 80-100 years newer than the NYC subway so they were built with a different design in mind.

[Author]

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