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How To Survive Mkts For 30 Years In 12 Words


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From our friends at Bear Chat yesterday afternoon:

 

RE: An Optimist: Got his 9,000, I'm not sure he

JK 6/2/2003 5:15:15 PM

 

We could have made the top here but the better percentage play is repeated failures at an even number over a period of weeks with deteriorating technicals. I would like to see pullbacks that are bought with rally attempts to close above 9000 failing on higher volume. I've been paired since 930 (the infamous Barron's bull cover) and am still looking for technical deterioration before moving to a net short position. I never picked a top or bottom in 30 years of trading.

 

RE: How to survive mkts for 30 years in 12 words

SuperCycleBear 6/2/2003 5:26:15 PM

 

"I never picked a top or bottom in 30 years of trading."

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I am going to my bank about getting a huge loan and only payable on death.

 

It will save and them money on administration cost. :D :D :D

 

 

anitaagraj,Jun 3 2003, 12:31 PM] VISA scored a record to transact 1 trillion dollars in 12 month period.

 

Long Live Liquidity

I wonder how much of that is in limbo, waiting indefinitely to be paid back with zero interest. My latest card gives me till end of year. I've received offers extended till 4/04.

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I am going to my bank about getting a huge loan and only payable on death.  

 

It will save and them money on administration cost. :D  :D  :D

Whose death, the bank's or yours? :P

Drano,

 

Nice to see you back.

 

I was concerned- I thought you might have been lost within some awesome labyrinth of plumbing....

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wooooooooooooowwwwwwwwwwwwwwwzzzzzzzzzzzzaaaaaaaa

 

 

Ol`a to the faithful!

 

Fokker- I was just about to comment on the action in the Ten Year (TNX.X) re; what I posted last night- the Five year will simply follow along-

 

if you talk to wyndy, tell him if he overlays the charts of the TNX.X with C, JPM, and BAC things look a lot clearer LOL-

 

I'm going long C calls and dong AXP puts- bwahahahhahahahahahahaaha

 

mmmmmmmmm sweet and sour pork!!!!

 

stay nimble stay focused and hey smoke 'em

 

so says I ,

 

MERCILESS

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Glad, excellent opener.

 

Will be plenty of spots to short into this mother of a top once it and IT downtrend has been confirmed.

 

I have no desire to catch the exact top, I know better.

 

(I'm still bearish and see this as a MAJOR topping "process", processes take time :P )

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