[stockstradr]

Look Mr “davelj” you need to be dropped into the scene in the movie “Malice” where Bill Pullman (as Andy Safian) gets a cold shot of advice from Ann Bancroft brilliantly playing the chronic drunk (but sharp as a whip) mother-in-law.

She says, “Get in the Game!”

And she implies that if you don’t know what the Game is, then you ARE the game.

[stockstradr]

Look Mr “davelj” you need to be dropped into the scene in the movie “Malice” where Bill Pullman (as Andy Safian) gets a cold shot of advice from Ann Bancroft brilliantly playing the chronic drunk (but sharp as a whip) mother-in-law.

She says, “Get in the Game!”

And she implies that if you don’t know what the Game is, then you ARE the game.

[stockstradr]

Look Mr “davelj” you need to be dropped into the scene in the movie “Malice” where Bill Pullman (as Andy Safian) gets a cold shot of advice from Ann Bancroft brilliantly playing the chronic drunk (but sharp as a whip) mother-in-law.

She says, “Get in the Game!”

And she implies that if you don’t know what the Game is, then you ARE the game.

[stockstradr]

Bush inspired me. I’ll tell you how.

I was never an “activist” but Bush changed that. Long before he attacked Iraq, I recognized Bush was a dangerous fanatic who would destroy much of what is great about America. Few would now argue with the fact Bush has done exactly that.

So I flew to Washington for every major march against Bush, including those before his attack upon Iraq. Some of those marches involved about a million people, and the feeling was incredible being there and together giving Bush a collective middle finger. I carried some great hand-made protest signs, some of which the Washington Post loved enough to interview me for a front page article. I loved that Bush probably saw my name and read my insult of him on the front page of his Sunday newspaper. I figured one of Rove’s evil trolls toiling in the dungeons would probably add my name to the hit list of (innocent) people for the IRS and CIA to go after, but it didn’t matter. It was worth the risk.

I marched in front of the White House because I saw the real evil wasn’t really Bush; the real evil was the APATHY (and fear) in most Americans. Later in life I didn’t want to look back and see I was one of those apathetic Americans who let it all happen on their watch.

[stockstradr]

Bush inspired me. I’ll tell you how.

I was never an “activist” but Bush changed that. Long before he attacked Iraq, I recognized Bush was a dangerous fanatic who would destroy much of what is great about America. Few would now argue with the fact Bush has done exactly that.

So I flew to Washington for every major march against Bush, including those before his attack upon Iraq. Some of those marches involved about a million people, and the feeling was incredible being there and together giving Bush a collective middle finger. I carried some great hand-made protest signs, some of which the Washington Post loved enough to interview me for a front page article. I loved that Bush probably saw my name and read my insult of him on the front page of his Sunday newspaper. I figured one of Rove’s evil trolls toiling in the dungeons would probably add my name to the hit list of (innocent) people for the IRS and CIA to go after, but it didn’t matter. It was worth the risk.

I marched in front of the White House because I saw the real evil wasn’t really Bush; the real evil was the APATHY (and fear) in most Americans. Later in life I didn’t want to look back and see I was one of those apathetic Americans who let it all happen on their watch.

[stockstradr]

Bush inspired me. I’ll tell you how.

I was never an “activist” but Bush changed that. Long before he attacked Iraq, I recognized Bush was a dangerous fanatic who would destroy much of what is great about America. Few would now argue with the fact Bush has done exactly that.

So I flew to Washington for every major march against Bush, including those before his attack upon Iraq. Some of those marches involved about a million people, and the feeling was incredible being there and together giving Bush a collective middle finger. I carried some great hand-made protest signs, some of which the Washington Post loved enough to interview me for a front page article. I loved that Bush probably saw my name and read my insult of him on the front page of his Sunday newspaper. I figured one of Rove’s evil trolls toiling in the dungeons would probably add my name to the hit list of (innocent) people for the IRS and CIA to go after, but it didn’t matter. It was worth the risk.

I marched in front of the White House because I saw the real evil wasn’t really Bush; the real evil was the APATHY (and fear) in most Americans. Later in life I didn’t want to look back and see I was one of those apathetic Americans who let it all happen on their watch.

[stockstradr]

Bush inspired me. I’ll tell you how.

I was never an “activist” but Bush changed that. Long before he attacked Iraq, I recognized Bush was a dangerous fanatic who would destroy much of what is great about America. Few would now argue with the fact Bush has done exactly that.

So I flew to Washington for every major march against Bush, including those before his attack upon Iraq. Some of those marches involved about a million people, and the feeling was incredible being there and together giving Bush a collective middle finger. I carried some great hand-made protest signs, some of which the Washington Post loved enough to interview me for a front page article. I loved that Bush probably saw my name and read my insult of him on the front page of his Sunday newspaper. I figured one of Rove’s evil trolls toiling in the dungeons would probably add my name to the hit list of (innocent) people for the IRS and CIA to go after, but it didn’t matter. It was worth the risk.

I marched in front of the White House because I saw the real evil wasn’t really Bush; the real evil was the APATHY (and fear) in most Americans. Later in life I didn’t want to look back and see I was one of those apathetic Americans who let it all happen on their watch.

[stockstradr]

Bush inspired me. I’ll tell you how.

I was never an “activist” but Bush changed that. Long before he attacked Iraq, I recognized Bush was a dangerous fanatic who would destroy much of what is great about America. Few would now argue with the fact Bush has done exactly that.

So I flew to Washington for every major march against Bush, including those before his attack upon Iraq. Some of those marches involved about a million people, and the feeling was incredible being there and together giving Bush a collective middle finger. I carried some great hand-made protest signs, some of which the Washington Post loved enough to interview me for a front page article. I loved that Bush probably saw my name and read my insult of him on the front page of his Sunday newspaper. I figured one of Rove’s evil trolls toiling in the dungeons would probably add my name to the hit list of (innocent) people for the IRS and CIA to go after, but it didn’t matter. It was worth the risk.

I marched in front of the White House because I saw the real evil wasn’t really Bush; the real evil was the APATHY (and fear) in most Americans. Later in life I didn’t want to look back and see I was one of those apathetic Americans who let it all happen on their watch.

[stockstradr]

I think more and more members of this forum are choosing to “stay on the sidelines” and spend less their time posting. I’m leaning that direction. There are multiple reasons why so many of us have chosen to spend less time here.

This very thread brings one of those reasons to mind: pointless debates on future economic events, despite the fact that the gross, overall result is so inevitable that it should be considered a foregone conclusion (so is not worth debating).

Jim Rogers and George Soros (and countless others, equally well-respected) consider it a foregone conclusion that America’s national debt now far exceeds any future ability to repay that debt, particularly when one factors in how impossible are the political sacrifices required. So in this case, the only topics possibly worth debating are the timing and nature of our default on that debt (where of course, devaluing our currency is considered one potential form of “default”)

The initial post merely managed to state the obvious: “…problem is there’s too much debt out there right now.”

Then instead of kicking off a worthwhile debate about the nature of the inevitable, the initial post fails to even get correct the gross (general) inevitable outcome, making this absurd statement:

“This is high but manageable.”

You want to know what I really think to myself when I read through this thread?

I thought gleefully, “Oh dear God: PLEASE continue to let my market trades enter stock markets filled with people like this discussing inanely obvious crap amongst themselves! (So I can continue to out-trade them and take their money)”

Similarly, do you think several weeks ago it was worth my time reading inane opinions in threads on here about how I shouldn’t be “foolish” and buy oil at $35/bbl?

I just turned away from the pointless banter, and went and bought my oil at that price. Now this week we find oil is over $40/bbl and I’ve made loads of money again.

And there are people on here who want to debate if $35/bbl is a good price for oil, OR if America can “manage” its debt load.

Good God. Spare me. Better yet: I’ll continue to turn away and spare myself.

[stockstradr]

I think more and more members of this forum are choosing to “stay on the sidelines” and spend less their time posting. I’m leaning that direction. There are multiple reasons why so many of us have chosen to spend less time here.

This very thread brings one of those reasons to mind: pointless debates on future economic events, despite the fact that the gross, overall result is so inevitable that it should be considered a foregone conclusion (so is not worth debating).

Jim Rogers and George Soros (and countless others, equally well-respected) consider it a foregone conclusion that America’s national debt now far exceeds any future ability to repay that debt, particularly when one factors in how impossible are the political sacrifices required. So in this case, the only topics possibly worth debating are the timing and nature of our default on that debt (where of course, devaluing our currency is considered one potential form of “default”)

The initial post merely managed to state the obvious: “…problem is there’s too much debt out there right now.”

Then instead of kicking off a worthwhile debate about the nature of the inevitable, the initial post fails to even get correct the gross (general) inevitable outcome, making this absurd statement:

“This is high but manageable.”

You want to know what I really think to myself when I read through this thread?

I thought gleefully, “Oh dear God: PLEASE continue to let my market trades enter stock markets filled with people like this discussing inanely obvious crap amongst themselves! (So I can continue to out-trade them and take their money)”

Similarly, do you think several weeks ago it was worth my time reading inane opinions in threads on here about how I shouldn’t be “foolish” and buy oil at $35/bbl?

I just turned away from the pointless banter, and went and bought my oil at that price. Now this week we find oil is over $40/bbl and I’ve made loads of money again.

And there are people on here who want to debate if $35/bbl is a good price for oil, OR if America can “manage” its debt load.

Good God. Spare me. Better yet: I’ll continue to turn away and spare myself.

[stockstradr]

I think more and more members of this forum are choosing to “stay on the sidelines” and spend less their time posting. I’m leaning that direction. There are multiple reasons why so many of us have chosen to spend less time here.

This very thread brings one of those reasons to mind: pointless debates on future economic events, despite the fact that the gross, overall result is so inevitable that it should be considered a foregone conclusion (so is not worth debating).

Jim Rogers and George Soros (and countless others, equally well-respected) consider it a foregone conclusion that America’s national debt now far exceeds any future ability to repay that debt, particularly when one factors in how impossible are the political sacrifices required. So in this case, the only topics possibly worth debating are the timing and nature of our default on that debt (where of course, devaluing our currency is considered one potential form of “default”)

The initial post merely managed to state the obvious: “…problem is there’s too much debt out there right now.”

Then instead of kicking off a worthwhile debate about the nature of the inevitable, the initial post fails to even get correct the gross (general) inevitable outcome, making this absurd statement:

“This is high but manageable.”

You want to know what I really think to myself when I read through this thread?

I thought gleefully, “Oh dear God: PLEASE continue to let my market trades enter stock markets filled with people like this discussing inanely obvious crap amongst themselves! (So I can continue to out-trade them and take their money)”

Similarly, do you think several weeks ago it was worth my time reading inane opinions in threads on here about how I shouldn’t be “foolish” and buy oil at $35/bbl?

I just turned away from the pointless banter, and went and bought my oil at that price. Now this week we find oil is over $40/bbl and I’ve made loads of money again.

And there are people on here who want to debate if $35/bbl is a good price for oil, OR if America can “manage” its debt load.

Good God. Spare me. Better yet: I’ll continue to turn away and spare myself.

[stockstradr]

I think more and more members of this forum are choosing to “stay on the sidelines” and spend less their time posting. I’m leaning that direction. There are multiple reasons why so many of us have chosen to spend less time here.

This very thread brings one of those reasons to mind: pointless debates on future economic events, despite the fact that the gross, overall result is so inevitable that it should be considered a foregone conclusion (so is not worth debating).

Jim Rogers and George Soros (and countless others, equally well-respected) consider it a foregone conclusion that America’s national debt now far exceeds any future ability to repay that debt, particularly when one factors in how impossible are the political sacrifices required. So in this case, the only topics possibly worth debating are the timing and nature of our default on that debt (where of course, devaluing our currency is considered one potential form of “default”)

The initial post merely managed to state the obvious: “…problem is there’s too much debt out there right now.”

Then instead of kicking off a worthwhile debate about the nature of the inevitable, the initial post fails to even get correct the gross (general) inevitable outcome, making this absurd statement:

“This is high but manageable.”

You want to know what I really think to myself when I read through this thread?

I thought gleefully, “Oh dear God: PLEASE continue to let my market trades enter stock markets filled with people like this discussing inanely obvious crap amongst themselves! (So I can continue to out-trade them and take their money)”

Similarly, do you think several weeks ago it was worth my time reading inane opinions in threads on here about how I shouldn’t be “foolish” and buy oil at $35/bbl?

I just turned away from the pointless banter, and went and bought my oil at that price. Now this week we find oil is over $40/bbl and I’ve made loads of money again.

And there are people on here who want to debate if $35/bbl is a good price for oil, OR if America can “manage” its debt load.

Good God. Spare me. Better yet: I’ll continue to turn away and spare myself.

[stockstradr]

I think more and more members of this forum are choosing to “stay on the sidelines” and spend less their time posting. I’m leaning that direction. There are multiple reasons why so many of us have chosen to spend less time here.

This very thread brings one of those reasons to mind: pointless debates on future economic events, despite the fact that the gross, overall result is so inevitable that it should be considered a foregone conclusion (so is not worth debating).

Jim Rogers and George Soros (and countless others, equally well-respected) consider it a foregone conclusion that America’s national debt now far exceeds any future ability to repay that debt, particularly when one factors in how impossible are the political sacrifices required. So in this case, the only topics possibly worth debating are the timing and nature of our default on that debt (where of course, devaluing our currency is considered one potential form of “default”)

The initial post merely managed to state the obvious: “…problem is there’s too much debt out there right now.”

Then instead of kicking off a worthwhile debate about the nature of the inevitable, the initial post fails to even get correct the gross (general) inevitable outcome, making this absurd statement:

“This is high but manageable.”

You want to know what I really think to myself when I read through this thread?

I thought gleefully, “Oh dear God: PLEASE continue to let my market trades enter stock markets filled with people like this discussing inanely obvious crap amongst themselves! (So I can continue to out-trade them and take their money)”

Similarly, do you think several weeks ago it was worth my time reading inane opinions in threads on here about how I shouldn’t be “foolish” and buy oil at $35/bbl?

I just turned away from the pointless banter, and went and bought my oil at that price. Now this week we find oil is over $40/bbl and I’ve made loads of money again.

And there are people on here who want to debate if $35/bbl is a good price for oil, OR if America can “manage” its debt load.

Good God. Spare me. Better yet: I’ll continue to turn away and spare myself.

[stockstradr]

I recall a member posted that ETF’s can behave in strange ways, and do not always track as they are supposed to. Maybe it was powayseller who made that good point.

I have to acknowledge that I learned that lesson this week to that point. Go and chart “SDS” which is the ProShares ETF that is double-short the S&P500.

I bought that “SDS” on Dec 17th just when the S&P500 was at 910.

Now the S&P500 sits at 863.

That should be an appreciation for my “SDS” of 10% in one week. It would have been, had I sold Monday close-of-day when “SDS” was up to $90.

At the start of trading this morning “SDS” instantly dropped from $87.5 down to $75 due to pent up sell orders. Yet there was no associated discontinuity in the S&P500.

That put me down 7% on an ETF “SDS” that should have been up a good 10%.

That is quite a lesson on the deviations that certain “index-tracking” ETF’s can have compared to the indexes they are supposed to have a fixed relationship with. There were some news reports on “SDS” today that it was hit with tremendous selling volume in otherwise thin holiday trading as traders went to take profits in “SDS” before end-of-year.

Clearly one lesson is: in particularly be careful of entering sell orders after close-of-market, because difficult to predict how pent-up-orders can dramatically affect pricing at market open the next day. ETF’s are now immune from this. Thank God I didn’t enter a sell order before the markets opened today.

Chart it

[stockstradr]

I recall a member posted that ETF’s can behave in strange ways, and do not always track as they are supposed to. Maybe it was powayseller who made that good point.

I have to acknowledge that I learned that lesson this week to that point. Go and chart “SDS” which is the ProShares ETF that is double-short the S&P500.

I bought that “SDS” on Dec 17th just when the S&P500 was at 910.

Now the S&P500 sits at 863.

That should be an appreciation for my “SDS” of 10% in one week. It would have been, had I sold Monday close-of-day when “SDS” was up to $90.

At the start of trading this morning “SDS” instantly dropped from $87.5 down to $75 due to pent up sell orders. Yet there was no associated discontinuity in the S&P500.

That put me down 7% on an ETF “SDS” that should have been up a good 10%.

That is quite a lesson on the deviations that certain “index-tracking” ETF’s can have compared to the indexes they are supposed to have a fixed relationship with. There were some news reports on “SDS” today that it was hit with tremendous selling volume in otherwise thin holiday trading as traders went to take profits in “SDS” before end-of-year.

Clearly one lesson is: in particularly be careful of entering sell orders after close-of-market, because difficult to predict how pent-up-orders can dramatically affect pricing at market open the next day. ETF’s are now immune from this. Thank God I didn’t enter a sell order before the markets opened today.

Chart it

[Author]

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