Home › Forums › Financial Markets/Economics › Prediction Of The Year: LookOutBelow
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March 21, 2008 at 5:39 PM #12202March 21, 2008 at 11:43 PM #174565stockstradrParticipant
I never minded the insults from the naively foolish Bulls who pushed their optimism upon everyone here, even as the markets walked up to the edge of the cliff
And I never minded the ranting posts from those so slow of mind that their only strategy is a non-strategy of buy-and-hold, the Non-Thinking Man’s Position.
I didn’t mind because I had faith in the obvious and the inevitable: the markets habit of inflicting righteous justice upon the blind optimists, the idiots, and the amateurs.
Then came Oct ’07 and the inevitable began: the markets’ Descent into Hell.
I started building short positions last year and I kept adding, so when Oct ’07 came I was fully short the market, with LEVERAGE, and with a vengeance.
I bought 2X inverse index funds
I bought a huge amount of PUTS on the S&P500 and NASDAQ
I sold stocks short
I bought gold
I sold the oil & gas index short, with leverageThen I waited.
Then the market fell about 18% in a matter of months. Gold soared. The oil and gas stocks tanked
Then I laughed all the way to the bank.
πI’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.March 21, 2008 at 11:43 PM #175016stockstradrParticipantI never minded the insults from the naively foolish Bulls who pushed their optimism upon everyone here, even as the markets walked up to the edge of the cliff
And I never minded the ranting posts from those so slow of mind that their only strategy is a non-strategy of buy-and-hold, the Non-Thinking Man’s Position.
I didn’t mind because I had faith in the obvious and the inevitable: the markets habit of inflicting righteous justice upon the blind optimists, the idiots, and the amateurs.
Then came Oct ’07 and the inevitable began: the markets’ Descent into Hell.
I started building short positions last year and I kept adding, so when Oct ’07 came I was fully short the market, with LEVERAGE, and with a vengeance.
I bought 2X inverse index funds
I bought a huge amount of PUTS on the S&P500 and NASDAQ
I sold stocks short
I bought gold
I sold the oil & gas index short, with leverageThen I waited.
Then the market fell about 18% in a matter of months. Gold soared. The oil and gas stocks tanked
Then I laughed all the way to the bank.
πI’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.March 21, 2008 at 11:43 PM #174913stockstradrParticipantI never minded the insults from the naively foolish Bulls who pushed their optimism upon everyone here, even as the markets walked up to the edge of the cliff
And I never minded the ranting posts from those so slow of mind that their only strategy is a non-strategy of buy-and-hold, the Non-Thinking Man’s Position.
I didn’t mind because I had faith in the obvious and the inevitable: the markets habit of inflicting righteous justice upon the blind optimists, the idiots, and the amateurs.
Then came Oct ’07 and the inevitable began: the markets’ Descent into Hell.
I started building short positions last year and I kept adding, so when Oct ’07 came I was fully short the market, with LEVERAGE, and with a vengeance.
I bought 2X inverse index funds
I bought a huge amount of PUTS on the S&P500 and NASDAQ
I sold stocks short
I bought gold
I sold the oil & gas index short, with leverageThen I waited.
Then the market fell about 18% in a matter of months. Gold soared. The oil and gas stocks tanked
Then I laughed all the way to the bank.
πI’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.March 21, 2008 at 11:43 PM #174920stockstradrParticipantI never minded the insults from the naively foolish Bulls who pushed their optimism upon everyone here, even as the markets walked up to the edge of the cliff
And I never minded the ranting posts from those so slow of mind that their only strategy is a non-strategy of buy-and-hold, the Non-Thinking Man’s Position.
I didn’t mind because I had faith in the obvious and the inevitable: the markets habit of inflicting righteous justice upon the blind optimists, the idiots, and the amateurs.
Then came Oct ’07 and the inevitable began: the markets’ Descent into Hell.
I started building short positions last year and I kept adding, so when Oct ’07 came I was fully short the market, with LEVERAGE, and with a vengeance.
I bought 2X inverse index funds
I bought a huge amount of PUTS on the S&P500 and NASDAQ
I sold stocks short
I bought gold
I sold the oil & gas index short, with leverageThen I waited.
Then the market fell about 18% in a matter of months. Gold soared. The oil and gas stocks tanked
Then I laughed all the way to the bank.
πI’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.March 21, 2008 at 11:43 PM #174930stockstradrParticipantI never minded the insults from the naively foolish Bulls who pushed their optimism upon everyone here, even as the markets walked up to the edge of the cliff
And I never minded the ranting posts from those so slow of mind that their only strategy is a non-strategy of buy-and-hold, the Non-Thinking Man’s Position.
I didn’t mind because I had faith in the obvious and the inevitable: the markets habit of inflicting righteous justice upon the blind optimists, the idiots, and the amateurs.
Then came Oct ’07 and the inevitable began: the markets’ Descent into Hell.
I started building short positions last year and I kept adding, so when Oct ’07 came I was fully short the market, with LEVERAGE, and with a vengeance.
I bought 2X inverse index funds
I bought a huge amount of PUTS on the S&P500 and NASDAQ
I sold stocks short
I bought gold
I sold the oil & gas index short, with leverageThen I waited.
Then the market fell about 18% in a matter of months. Gold soared. The oil and gas stocks tanked
Then I laughed all the way to the bank.
πI’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.March 22, 2008 at 7:52 AM #174956svelteParticipantUm, maybe I should have read the rest of the thread that I referenced in my post.
I was not trying to insult/ridicule anyone. I was browsing old posts and was amazed at how spot-on LookOutBelow was. My only intention was to congratulate him/her.
My apologies if it was taken in any other way.
March 22, 2008 at 7:52 AM #175047svelteParticipantUm, maybe I should have read the rest of the thread that I referenced in my post.
I was not trying to insult/ridicule anyone. I was browsing old posts and was amazed at how spot-on LookOutBelow was. My only intention was to congratulate him/her.
My apologies if it was taken in any other way.
March 22, 2008 at 7:52 AM #174947svelteParticipantUm, maybe I should have read the rest of the thread that I referenced in my post.
I was not trying to insult/ridicule anyone. I was browsing old posts and was amazed at how spot-on LookOutBelow was. My only intention was to congratulate him/her.
My apologies if it was taken in any other way.
March 22, 2008 at 7:52 AM #174945svelteParticipantUm, maybe I should have read the rest of the thread that I referenced in my post.
I was not trying to insult/ridicule anyone. I was browsing old posts and was amazed at how spot-on LookOutBelow was. My only intention was to congratulate him/her.
My apologies if it was taken in any other way.
March 22, 2008 at 7:52 AM #174598svelteParticipantUm, maybe I should have read the rest of the thread that I referenced in my post.
I was not trying to insult/ridicule anyone. I was browsing old posts and was amazed at how spot-on LookOutBelow was. My only intention was to congratulate him/her.
My apologies if it was taken in any other way.
March 22, 2008 at 8:53 AM #1749605yearwaiterParticipantHey Frustration comes in all the way to all our Fellow Americans – Blame it on Fed !. One way I am feeling not buying home and piling the $$ also useless by comapring these days bailouts and other facilitating methods by FED. However the information you are giving to us really helpful at least to guide or drive further way to invest in this highly UNSTABE market/banking. Don’t worry about feelings – some gained some ruined and some achieved: So please keep continue and we welcome your right to express, the rest is how we accept after all every one have their choice to make decission.
BTW : Can you list best inverse funds more and start continue this thread
5yearswaiter
March 22, 2008 at 8:53 AM #1749645yearwaiterParticipantHey Frustration comes in all the way to all our Fellow Americans – Blame it on Fed !. One way I am feeling not buying home and piling the $$ also useless by comapring these days bailouts and other facilitating methods by FED. However the information you are giving to us really helpful at least to guide or drive further way to invest in this highly UNSTABE market/banking. Don’t worry about feelings – some gained some ruined and some achieved: So please keep continue and we welcome your right to express, the rest is how we accept after all every one have their choice to make decission.
BTW : Can you list best inverse funds more and start continue this thread
5yearswaiter
March 22, 2008 at 8:53 AM #1749735yearwaiterParticipantHey Frustration comes in all the way to all our Fellow Americans – Blame it on Fed !. One way I am feeling not buying home and piling the $$ also useless by comapring these days bailouts and other facilitating methods by FED. However the information you are giving to us really helpful at least to guide or drive further way to invest in this highly UNSTABE market/banking. Don’t worry about feelings – some gained some ruined and some achieved: So please keep continue and we welcome your right to express, the rest is how we accept after all every one have their choice to make decission.
BTW : Can you list best inverse funds more and start continue this thread
5yearswaiter
March 22, 2008 at 8:53 AM #1746135yearwaiterParticipantHey Frustration comes in all the way to all our Fellow Americans – Blame it on Fed !. One way I am feeling not buying home and piling the $$ also useless by comapring these days bailouts and other facilitating methods by FED. However the information you are giving to us really helpful at least to guide or drive further way to invest in this highly UNSTABE market/banking. Don’t worry about feelings – some gained some ruined and some achieved: So please keep continue and we welcome your right to express, the rest is how we accept after all every one have their choice to make decission.
BTW : Can you list best inverse funds more and start continue this thread
5yearswaiter
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