Quote:

Originally Posted by IchibomB 

Quote:

Originally Posted by rando 

Listen, laugh, learn, featuring Jim Rogers. Article and video on linked page:

http://www.themarketguardian.com/2011/02/jim-rogers-tells-cnbc-to-change-its-name-to-commoditesnbc-sees-oil-at-150-is-short-nasdaq-etfs-expects-more-governments-to-collapse/

Jim Rogers is da man!

I agree...

I remember he called for buying Eurodollar when it hit the bottom....

He is da man, for real.

Quote:

Originally Posted by pacman86 

Looks like I'll have to go to my favorite corn place tonight!

 

I thought there was no inflation?

 

Stock-Jock-e, I'm liking the new layout. Strong work!

Inflation is crazy as hell I am telling you...
 

Quote:

Originally Posted by tlee418 

Quote:

Originally Posted by pacman86 

Looks like I'll have to go to my favorite corn place tonight!

 

I thought there was no inflation?

 

Stock-Jock-e, I'm liking the new layout. Strong work!

Inflation is crazy as hell I am telling you...
 

Oh I know it! I'm considering just buying silver and cooper with the money I set aside for taxes at the end of each month. Its been months since I've traded commodities. I like FCX for a solid cooper and gold play. SLV looks tempting.

You know whats the sad part about inflation? Its that it creeps up on the public without most of them having a clue. Soon enough, the higher costs WILL be passed on to consumers.

One day, but whatever....don't fight the trend, the Fed, the fixed (tainted?) economic numbers, and the aliens from outer space.

Just buy the dip or you're an idiot.

An Up Friday means a down Monday.

Quote:

Originally Posted by pacman86 

Looks like I'll have to go to my favorite corn place tonight!

 

I thought there was no inflation?

 

Stock-Jock-e, I'm liking the new layout. Strong work!

Overall, inflation is low right now (Not non existent).

Inflation, some inflation, isn't a bad thing. The only time inflation is bad is when it means your money is becoming worthless. So, as long as you can keep going out and buying most things for the same price as before, that means inflation isn't too bad. It's when prices of everything start increasing at a rapid pace that we'll all wish we bought gold and silver.

Quote:

Originally Posted by Davecash77 

Quote:

Originally Posted by Karl 

The market has been causing me grief lately. I think I need to step back for a bit. Any of you gents ever go through this? It builds up and I just get super annoyed and it spills over into my overall mood. I think I should let the market do its thing and relax for a week or two.

Yup it's called burn out...Take a week or 2 off do not watch CNBC or bloomberg stay away from the forum.When your hed clears do not trade right away get back into the flow slowly start with small positions and take a small profit right away just to build confidence !!! GL

 

 

Many thanks for taking the time to respond. I appreciate the advice, and will try to do it. I may peek at the holdings once a day - hopefully I can limit myself. I'll stay away from the basic news, as well. Thew news causes me to think about stocks! Again, thank you for the advice.
 

and here is the media (cnbc) spin ron walker is speaking of. really it's just one person -- steven lies....man... him and rick santelli go at it towards the end of this video. it's too bad there ain't more people like santelli on the network. three months in a row now that we've had absolutely horrible jobs figures, but the media has been able to spin it as good and convince the public that it's the weather, blah, blah, blah, while keeping the markets propped up. fluff baby! gotta love it. where is that koolaid smiley when you need it...

edit: n/m i got it!!

This may move the market on Monday

Egypt's ruling party leadership resigns 

Quote:

Originally Posted by rando 

BigBear, Ron Walker is the last guy a permabear like you should be listening to. He's the biggest permabear TA guy I've ever encountered. He has been looking for the market to nosedive since mid to late September and always looks first for the immediate market downside rather than doing straight TA which is unbiased, despite his claims of being unbiased. He's good at TA and used to help make me money but he dug so far into his bear cave I think he has really hurt his ability to analyze the markets. Once the market actually heads south and we are in an existing downtrend, I might look at his videos again... but he is feeding your inner bear crack addict with a big bowl of drugs every day you check him out, be careful.

I have to agree with rando..I have followed Ron for quite a while and he is incredibly bearish all the time..I do still watch but i do take into consideration his bias and use the info accordingly..

As I mentioned a few days ago, we might just skip the correction.

Wall Street to attempt another gainful week

http://Wall Street to attempt another gainful weekView all Market Snapshot ›

ya i doubt it.  Major things are coming up. Correction will come eventually. im watching for a breakdown at upcoming levels.

Regardless of egypt. - JMO

Quote:

Originally Posted by mjoke 

ya i doubt it.  Major things are coming up. Correction will come eventually. im watching for a breakdown at upcoming levels.

Regardless of egypt. - JMO

 IMO still at least 1000 points on the dow before any major correction (5%)  we may see another minor (1-2%) before then but these corections seem to be getting smaller and only lasting a day or two now.I would not bet against this market just yet.Of coures I`ve been thinking this since 11K  Luckily I have been buying the dips Every time I think we are headed for a major down turn we go much higher.

Are you able to just put up a link to those charts? It takes me 10 minutes to scroll through that technical nonsense.

Get a better mouse with a frictionless scroll wheel, I scroll through it in a matter of a few seconds. You can find one for no more than 50 bucks from Logitech.