The market is starting to collapse

[BlackSand]

Wow, What a cryptic and degrading answer.

You are certainly entitled to your biased opinion

.

It's not really cryptic or degrading ... Just an observation ... And I wasn't asking your permission to have an opinion ...
But whatever ...

.​

 

[Luckyone]

.

It's not really cryptic or degrading ... Just an observation ... And I wasn't asking your permission to have an opinion ...
But whatever ...

.​

An observation?

An observation answer goes something like this "it seems that by your words, you are doing this. Is that what you are doing?"

That is an observation. You made a statement: "By what you said you are confirming my idea of who you are". That is a debasing statement.

 

[BlackSand]

An observation?

An observation answer goes something like this "it seems that by your words, you are doing this. Is that what you are doing?"

That is an observation. You made a statement: "By what you said you are confirming my idea of who you are". That is a debasing statement.

.

I observed the information you offered ... And asked you a question ...
I observed you answer ... And responded to that accordingly ... Then observed your response to that ...
And it confirmed my second observation.

But whatever ... You're probably going to keep trying ...
Would that be an accurate observation ...

.​

 

[Luckyone]

.

I observed the information you offered ... And asked you a question ...
I observed you answer ... And responded to that accordingly ... Then observed your response to that ...
And it confirmed my second observation.

But whatever ... You're probably going to keep trying ...
Would that be an accurate observation ...

.​

Let me approach this another way. You stated the following "forced to twist and distort everything"

I give data, statistics and facts. If you call that twisting and distorting everything, it is you that is trying to "forced to twist and distort everything"

 

[BlackSand]

Let me approach this another way. You stated the following "forced to twist and distort everything"

I give data, statistics and facts. If you call that twisting and distorting everything, it is you that is trying to "forced to twist and distort everything"

.

Keep trying to twist it up ... I told you that you were going to try again ...
So that observation was correct as well ...

Would it amuse you any ... If I were to tell you that I don't even know why you are trying ...
But I know you'll try anyway ...

.​

 

[Luckyone]

Keep trying to twist it up ... I told you that you were going to try again ...
So that observation was correct as well ...

Would it amuse you any ... If I were to tell you that I don't even know why you are trying ...
But I know you'll try anyway ...


.​

.?Since you know so much, please say it! Tell me why "I try anyway"?

 

[BlackSand]

.?Since you know so much, please say it! Tell me why "I try anyway"?

.

We'll just forget the fact that I tried to blow that off ... When I posted ...
"If I were to tell you that I don't even know why you are trying" ...

Not really sure what you thought that meant ...
Or how you would try to twist that into meaning something else.

....

But ...
I am not licensed to provide you with a qualified answer to that question ...
And I would be remiss if I did ... Because I haven't conducted a formal interview in a controlled environment.

That should be plain enough ... Not really cryptic ...
Hope you understand it ...

.​

 

[John Edgar Slow Horses]

.

Tell yourself whatever you need to ... Keep an eye on the market ...
I will ... Looking for some good buys ... Great conditions at the moment ...

.​

For buys, yes. You need work on empathy, sis.

 

[Luckyone]

.

We'll just forget the fact that I tried to blow that off ... When I posted ...
"If I were to tell you that I don't even know why you are trying" ...

Not really sure what you thought that meant ...
Or how you would try to twist that into meaning something else.

....

But ...
I am not licensed to provide you with a qualified answer to that question ...
And I would be remiss if I did ... Because I haven't conducted a formal interview in a controlled environment.

That should be plain enough ... Not really cryptic ...
Hope you understand it ...

.ne ​

Let me give you the answer.

One of my main goals in life has been to learn. I believe that knowledge is what makes you able to cope with life's difficulties. In addition, I have always been a highly moral, ethical, principled and humane person that generally cares for others, or at least respects those that do not do something disrespectful to me or to others.

I do believe that there is a higher power and that we will be judged after we die for what we did during our lives.

As such, I always try to do as much good as I can. It is not the results for I will be judged by, but for what I attempted to do.

What can I do for others than falls into my area of knowledge? Impart knowledge as that I what I have dedicated my life to learn.

I do know that I have no power to change anyone's mind. Each person is responsible for what they do and believe. Nonetheless, I feel the duty to try to impart data, statistics and facts so if they choose to research them, they can find for themselves what is right and what is wrong.

That is it in a nutshell, with one additional fact that needs to be mentioned. I am physically handicapped and have big problems just leaving my house. As such, I cannot become a teacher in a school or even go to town hall meetings to impart my knowledge there. As such, it is the internet where I can do it without having my own body stop me.

 

[Cougarbear]

So then, you do realize that this uptrend has been not only a rarity but unique and that a downtrend should be seen soon, right?

I've been around hearing that the sky is falling for 40 years and the trend remains to go up. Yes, there are hick ups. But, as long as the economy and population expand, upward my friend, upward. The downs are way shorter than the ups. Bull markets last longer than bear markets. This will last longer. If you are in it for the long haul, when the market goes down, PUT MORE IN! Have you ever seen an andex chart?

 

[BlackSand]

Let me give you the answer.

One of my main goals in life has been to learn. I believe that knowledge is what makes you able to cope with life's difficulties. In addition, I have always been a highly moral, ethical, principled and humane person that generally cares for others, or at least respects those that do not do something disrespectful to me or to others.

I do believe that there is a higher power and that we will be judged after we die for what we did during our lives.

As such, I always try to do as much good as I can. It is not the results for I will be judged by, but for what I attempted to do.

What can I do for others than falls into my area of knowledge? Impart knowledge as that I what I have dedicated my life to do.

I do know that I have no power to change anyone's mind. Each person is responsible for what they do and believe. Nonetheless, I feel the duty to try to impart data, statistics and facts so if they choose to research them, they can find for themselves what is right and what is wrong.

That is it in a nutshell, with one additional fact that needs to be mentioned. I am physically handicapped and have big problems just leaving my house. As such, I cannot become a teacher in a school or even go to town hall meetings to impart my knowledge there. As such, it is the internet where I can do it without having my own body stop me.

.

Whoa-Whoa-Whoa ...

You really don't have to add any self-righteous crap to what you think ... At least not with me ...
And there is nothing wrong in believing in God ... In my opinion or my faith.

All I can do is get you to address Critical Thinking ... And the ball is no longer in my court if you do that.
It's when you assault your own ideas and ideology ... To arrive at a better understanding ...
Not so easily swayed by desires or any agenda.

And ... It's okay you have limitations and spend your time here sharing your ideas.
Most people ... Except those in your 'cult' (sorry about being sloppy with that term) ... Just blow you off.
Me, on the other hand ... Will keep you going ... And challenge you ... But with the intent for you to challenge yourself.

You may never do that ... You're obviously comfortable with what you desire, what you think ...
As well as how you constantly pursue it ... And it is quite possible I will just fail in accomplishing my goal.

I don't lose anything in the process though ... And you don't have to do anything different.
But ... We can actually have a conversation like this ... It's always available ...
You're just not going to find it ... If you don't stop and start thinking ... More.

.​

 

[Luckyone]

I've been around hearing that the sky is falling for 40 years and the trend remains to go up. Yes, there are hick ups. But, as long as the economy and population expand, upward my friend, upward. The downs are way shorter than the ups. Bull markets last longer than bear markets. This will last longer. If you are in it for the long haul, when the market goes down, PUT MORE IN! Have you ever seen an andex chart?

Have I ever seen an index chart? Have you read my posts?

I have been a chart analyst for 48 years. I was trained and worked for the 2 best firms in the 80's (Merrill Lynch and Pru-Bache). I was one of the 5 official technical analysts for Pru-Bache in the South East.

I have had a subscription service since 2007, where I give weekly chart analysis on the indexes, metals, and offer chart recommendations on stocks to buy or sell. 5 of the original 13 subscribers that joined in 2007 are still with me, paying $30 per month. I must be doing something right!

Here is a chart I put here a couple of hours ago on the DOW with comments

Have I ever seen an Index chart? You have to be kidding, right?

 

[Cougarbear]

Have I ever seen an index chart? Have you read my posts>

I have been a chart analyst for 48 years. I was trained and worked for the 2 best firms in the 80's (Merrill Lynch and Pru-Bache). I was on 5 technical analysts for Pru-Bache in the South East.

I have had a subscription service since 2007, where I give weekly chart analysis on the indexes, metals, and offer chart recommendations on stock to buy or sell. 5 of the original 13 subscribers that joined in 2007 are still with me, paying $30 per month. I must be doing something right!

Here is a chart I put here a couple of hours ago on the DOW with comments

View attachment 1086466

Have I ever seen an Index chart? You have to be kidding, right?

Andex Chart from Morningstar...Always up over time and way better than any other investment including real estate.

 

[Luckyone]

.

Whoa-Whoa-Whoa ...

You really don't have to add any self-righteous crap to what you think ... At least not with me ...
And there is nothing wrong in believing in God ... In my opinion or my faith.

All I can do is get you to address Critical Thinking ... And the ball is no longer in my court if you do that.
It's when you assault your own ideas and ideology ... To arrive at a better understanding ...
Not so easily swayed by desires or any agenda.

And ... It's okay you have limitations and spend your time here sharing your ideas.
Most people ... Except those in your 'cult' (sorry about being sloppy with that term) ... Just blow you off.
Me, on the other hand ... Will keep you going ... And challenge you ... But with the intent for you to challenge yourself.

You may never do that ... You're obviously comfortable with what you desire, what you think ...
As well as how you constantly pursue it ... And it is quite possible I will just fail in accomplishing my goal.

I don't lose anything in the process though ... And you don't have to do anything different.
But ... We can actually have a conversation like this ... It's always available ...
You're just not going to find it ... If you don't stop and start thinking ... More.

.​

I am 79 years of age and set in my beliefs. Nonetheless, I deal with data, statistics and facts and if you present those and they prove that I am wrong, not only do I acknowledge it, but thank you for it as it ADDS to my knowledge.

One additional thing about me that I won't go into the explanation of how now, and that I have a strong ability to understand people and human nature. I was a very successful salesman for a good portion of my life and have met thousands of people that I had communication with, and had to understand what made them tick so that I could generate a sell.

As such, knowledge is not the only thing I offer, I also offer understanding. By the way, it is going to be very difficult for you to challenge me.

 

[Luckyone]

Andex Chart from Morningstar...Always up over time and way better than any other investment including real estate.
View attachment 1086467

I fully understand what a buy and hold investor does and how they make their money. As a trader, I can make more. One example that I use is a stock that some 10 years ago I traded. Don't remember the symbol as the company merged and the symbol disappeared. I bough the stock in January at $21 and 1 year later it was at $28. A buy and hold trader would have generated a 30% return on investment. I trade the stock 18 times during that year with 6 buys and 12 sells and I made 5 times more profits than the buy and hold investor (after losses and commissions were taken out).

I met a trader on the Chicago Board of Trade that bought a seat on the exchange and was a day trader. He would trade as many as 50 times a day. He started with $25,000 and 2 years later, he had made $200 million. He became a legend.

For this to happen though, the trader has to be above average and know a lot

 

[BlackSand]

I am 79 years of age and set in my beliefs. Nonetheless, I deal with data, statistics and facts and if you present those and they prove that I am wrong, not only do I acknowledge it, but thank you for it as it ADDS to my knowledge.

One additional thing about me that I won't go into the explanation of how now, and that I have a strong ability to understand people and human nature. I was a very successful salesman for a good portion of my life and have met thousands of people that I had communication with, and had to understand what made them tick so that I could generate a sell.

As such, knowledge is not the only thing I offer, I also offer understanding. By the way, it is going to be very difficult for you to challenge me.

.

Sweetie ... I have also had extensive experience with data ...
And more appropriately ... Specifically the quality of such data and its analysis.

....

I happen to have a little experience in human behavior as well ... And I am even papered in that circumstance.
However ... It was never with the intent to sell anyone anything ...
And people generally didn't want to hear what I was about to tell them ...

....

As far as the challenge is concerned ... That's simple as pie because I already have challenged you ...
The only question is to whether or not you'll accept the challenge ... And so far, you haven't ...

.​

 

[Luckyone]

.

Sweetie ... I have also had extensive experience with data ...
And more appropriately ... Specifically the quality of such data and its analysis.

....

I happen to have a little experience in human behavior as well ... And I am even papered in that circumstance.
However ... It was never with the intent to sell anyone anything ...
And people generally didn't want to hear what I was about to tell them ...

....

As far as the challenge is concerned ... That's simple as pie because I already have challenged you ...
The only question is to whether or not you'll accept the challenge ... And so far, you haven't ...

.​

Sorry, but I am unclear as to what you challenged me with.

 

[BlackSand]

Sorry, but I am unclear as to what you challenged me with.

.

Sigh ... That would be because you cannot read what I am saying without trying to fight it, or me ...
But that would be another discussion ... And I don't feel like explaining it again ... If you're not going to listen.

Funny thing is ... That's part of the challenge I already described.
How about you just go back to managing your thread ... And I'll try to figure out a better way to fail ...

.​

 

[John Edgar Slow Horses]

.

Sweetie ... I have also had extensive experience with data ...
And more appropriately ... Specifically the quality of such data and its analysis.

....

I happen to have a little experience in human behavior as well ... And I am even papered in that circumstance.
However ... It was never with the intent to sell anyone anything ...
And people generally didn't want to hear what I was about to tell them ...

....

As far as the challenge is concerned ... That's simple as pie because I already have challenged you ...
The only question is to whether or not you'll accept the challenge ... And so far, you haven't ...

.​

He accept your challenged and knocked it out of the park, and now you are wondering about... what?

 

[Cougarbear]

I fully understand what a buy and hold investor does and how they make their money. As a trader, I can make more. One example that I use is a stock that some 10 years ago I traded. Don't remember the symbol as the company merged and the symbol disappeared. I bough the stock in January at $21 and 1 year later it was at $28. A buy and hold trader would have generated a 30% return on investment. I trade the stock 18 times during that year with 6 buys and 12 sells and I made 5 times more profits than the buy and hold investor (after losses and commissions were taken out).

I met a trader on the Chicago Board of Trade that bought a seat on the exchange and was a day trader. He would trade as many as 50 times a day. He started with $25,000 and 2 years later, he had made $200 million. He became a legend.

For this to happen though, the trader has to be above average and know a lot

I’d agree with the last statement and add he probably had insider information as well. Most day traders have a great day, month, year occasionally. Eventually, they make mistakes that cost them. I once hired a securities rep who once hob nobbed with Sandy Weil back in the 60’s. While Sandy bought and held, bought and held until he owned Citigroup the other guy owned his own corporation but made a series of bad day trading investments and lost his company and everything else. I know many others who did well and eventually lost. One of clients who was investing with me for the long term said that he would day trade with money he didn’t need to live on now and at retirement time. Sometimes like the person you know gets lucky.