Jump to content


- - - - -

Red Underwear, Contd.


This topic has been archived. This means that you cannot reply to this topic.
211 replies to this topic

#1

  • Guests
  • 0 posts

Posted 12 December 2002 - 01:46 PM

careful there, MaxxP. Good way to lose money in a hurry if yurrrr a newbie.

To MP, and all you other newbies out there who feel enthusiastic and invulnerable, BARE is waving the red underwear at you. Thank you, BARE, for this service.

It is most important to keep in mind that this is an educational channel, and the first thing you need to learn here is that no matter how easy it may appear to be, making money in the u-no-what ain't. And that there are many more ways to lose it than to make it. And that the u-no-what will seek out and identify your own personal weaknesses (like excessive greed, for example) and do its level best to take you down by exploiting them. Remember that Pogo quote?

So what's a newbie to do? My advice is to learn as much as possible by simply staying tuned to this station, subscribing to The Anals (which will ultimately save you tons of money as well as heartache) and initially keep your trading small scale and unleveraged. Resist the temptation to go whole hog and bet the farm on anything. 'Cause no matter how certain anything might appear to be at the time, the one certainty in this game is that nothing and I mean nothing is certain. Betting the farm on things will, sooner or later, lead to you're buying the farm.

So be prepared in advance to know exactly what you will do when you are wrong about things. There's more than one answer to this, of course, but the important thing here is to be consistent and never without a plan. Remember what blackbelt (hopefully not just of Blessed Memory) always used to say - Plan your trade and trade your plan.

And if you don't have a plan then do nothing 'till you have one. There will always be opportunities. And if you have questions post them. That, in part, is what the rest of us are here for. Most of your time should be spent in continued observation and learning and giving thanks for the powerful resource that this community of ours is.

The preceding was brought to you as a public service.

#2 PileDriver

PileDriver

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 6,448 posts

Posted 12 December 2002 - 01:48 PM


$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$$$$$$


Thank you Doc and SG.

#3 K Wave Rider

K Wave Rider

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 29,599 posts

Posted 12 December 2002 - 01:48 PM

Stick a fork in this piggie, it's done. 6800 here we come! :D

#4 GregFokker

GregFokker

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 15,013 posts

Posted 12 December 2002 - 01:48 PM

The US Dollar
Posted Image
Credit: http://quotes.ino.com

Gold
Posted Image
Credit: http://cdchart.innovative-software.com

...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech

Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny

Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty


#5 Drano

Drano

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 23,315 posts

Posted 12 December 2002 - 01:49 PM

HUI above 135. Thor, great call over at Outpost 29.
Of course I'm caustic!

#6

  • Guests
  • 0 posts

Posted 12 December 2002 - 01:50 PM

Looks like they are running into the homebuilder for safety. That is a mistake. Getting ready to double my KBH short. Just giving them a bit more rope.

#7 sweefraapp

sweefraapp

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,787 posts

Posted 12 December 2002 - 01:50 PM

Welcome K. Hope your new squeeze is treatn' you right.

#8 Wyatt Burp

Wyatt Burp

    Stock Proctology Intern

  • Members
  • Pip
  • 27 posts

Posted 12 December 2002 - 01:52 PM

Great, great advice, Gladdie. Very easy to get irrationally exuburant (sp?). Think I better copy and paste your advice and reread it every once in a while.

#9 sweefraapp

sweefraapp

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,787 posts

Posted 12 December 2002 - 01:53 PM

MXIM weekly.

Attached Images

  • snapshot_50.png


#10 ThorAss

ThorAss

    Clinical Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPip
  • 7,515 posts

Posted 12 December 2002 - 01:54 PM

Drano,

10-Q. It was a team efFART.
I have many opinions; but I strive not to act on them.

#11 K Wave Rider

K Wave Rider

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 29,599 posts

Posted 12 December 2002 - 01:55 PM

Tanks Sweef,

Life is good and my trading is back in sync as well!

#12 IrishJew

IrishJew

    Stock Proctology Intern

  • Members
  • Pip
  • 290 posts

Posted 12 December 2002 - 01:55 PM

Allright gold bugs,

steady......steady.....don't get cocky!! :D :D

#13 Yoshaviah

Yoshaviah

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,309 posts

Posted 12 December 2002 - 01:56 PM

SLGLF? It appears to be a little over bought at this point, BUT that depends on your time horizon.


SLGLF is about the smallest of the small in the mining sector.

The mining sector is about 1/10th of the size of GE and what is that compared to the 50 billion a day that moves in the equities markets every day?

And what is the equities markets to the 350 billion that moves in the bond markets?

And what is the bond market to the 1.5 trillion that moves on the FOREX?

Well, at least, is has leverage :grin:

#14 PileDriver

PileDriver

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 6,448 posts

Posted 12 December 2002 - 01:56 PM

Today's price chart, hmmmmm, where have I seen that before?!

I know! Last night in my Anals!

Bwhahahahahaha

#15 mksloth

mksloth

    Bachelor of Stock Proctology

  • Members
  • PipPip
  • 794 posts

Posted 12 December 2002 - 01:56 PM

While waiting, can someone answer this? What exactly is a fair market estimate. Is this when one buys and hopes?





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart