Prediction Of The Year: LookOutBelow

[svelte]

Look at LookOutBelow’s prediction, second reply down:

http://piggington.com/if_convinced_stock_market_is_heading_south_how_best_to_profit

Now, 12 months later, it looks like s/he was spot on!

[stockstradr]

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 leverage

Then 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.
🙂

I’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.

[svelte]

Um, 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.

[5yearwaiter]

Hey 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

[5yearwaiter]

Hey 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

[5yearwaiter]

Hey 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

[5yearwaiter]

Hey 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

[5yearwaiter]

Hey 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

[svelte]

Um, 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.

[svelte]

Um, 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.

[svelte]

Um, 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.

[svelte]

Um, 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.

[Coronita]

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 leverage

Then 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.
🙂

I'm still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won't return to this thread to read them.

 

I call B.S. on that one. You will return, you read the comments. Anything you don't agree with, you won't post, but you'll wait for one day the markets are moving in the direction that you're currently positioned, then you'll come out posting like your a genius, and that everyone else around you is a moron. You need your daily affirmation that you're smart, you never make the wrong decision, and that everyone else around you is an utter moron and you never make mistakes. BTW: I recall you mentioning you went inverse on oil and gas the day oil was $85/barrel. And it never went below $85/barrel from that day till now where it's $100+/barrel. So how you could have profitted on that transaction would be beyond me. But go ahead, quit your full time job, and be a real trader, provide investment advice, and let lemmings follow you…..:) Just kidding.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

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 leverage

Then 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.
🙂

I'm still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won't return to this thread to read them.

 

I call B.S. on that one. You will return, you read the comments. Anything you don't agree with, you won't post, but you'll wait for one day the markets are moving in the direction that you're currently positioned, then you'll come out posting like your a genius, and that everyone else around you is a moron. You need your daily affirmation that you're smart, you never make the wrong decision, and that everyone else around you is an utter moron and you never make mistakes. BTW: I recall you mentioning you went inverse on oil and gas the day oil was $85/barrel. And it never went below $85/barrel from that day till now where it's $100+/barrel. So how you could have profitted on that transaction would be beyond me. But go ahead, quit your full time job, and be a real trader, provide investment advice, and let lemmings follow you…..:) Just kidding.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

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 leverage

Then 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.
🙂

I'm still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won't return to this thread to read them.

 

I call B.S. on that one. You will return, you read the comments. Anything you don't agree with, you won't post, but you'll wait for one day the markets are moving in the direction that you're currently positioned, then you'll come out posting like your a genius, and that everyone else around you is a moron. You need your daily affirmation that you're smart, you never make the wrong decision, and that everyone else around you is an utter moron and you never make mistakes. BTW: I recall you mentioning you went inverse on oil and gas the day oil was $85/barrel. And it never went below $85/barrel from that day till now where it's $100+/barrel. So how you could have profitted on that transaction would be beyond me. But go ahead, quit your full time job, and be a real trader, provide investment advice, and let lemmings follow you…..:) Just kidding.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

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 leverage

Then 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.
🙂

I'm still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won't return to this thread to read them.

 

I call B.S. on that one. You will return, you read the comments. Anything you don't agree with, you won't post, but you'll wait for one day the markets are moving in the direction that you're currently positioned, then you'll come out posting like your a genius, and that everyone else around you is a moron. You need your daily affirmation that you're smart, you never make the wrong decision, and that everyone else around you is an utter moron and you never make mistakes. BTW: I recall you mentioning you went inverse on oil and gas the day oil was $85/barrel. And it never went below $85/barrel from that day till now where it's $100+/barrel. So how you could have profitted on that transaction would be beyond me. But go ahead, quit your full time job, and be a real trader, provide investment advice, and let lemmings follow you…..:) Just kidding.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

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 leverage

Then 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.
🙂

I'm still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won't return to this thread to read them.

 

I call B.S. on that one. You will return, you read the comments. Anything you don't agree with, you won't post, but you'll wait for one day the markets are moving in the direction that you're currently positioned, then you'll come out posting like your a genius, and that everyone else around you is a moron. You need your daily affirmation that you're smart, you never make the wrong decision, and that everyone else around you is an utter moron and you never make mistakes. BTW: I recall you mentioning you went inverse on oil and gas the day oil was $85/barrel. And it never went below $85/barrel from that day till now where it's $100+/barrel. So how you could have profitted on that transaction would be beyond me. But go ahead, quit your full time job, and be a real trader, provide investment advice, and let lemmings follow you…..:) Just kidding.

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[stockstradr]

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 leverage

Then 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.
🙂

I’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.

[stockstradr]

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 leverage

Then 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.
🙂

I’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.

[stockstradr]

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 leverage

Then 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.
🙂

I’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.

[stockstradr]

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 leverage

Then 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.
🙂

I’m still laughing, and enjoying the ride.
Go ahead.
Post your flaming rants.
I won’t return to this thread to read them.

[Author]

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