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Old 03-03-2011, 04:36 PM   #121
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The sorcerer's Greenspan's appprentice.
El Maestrito to the rescue!
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Old 03-03-2011, 06:30 PM   #122
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So, the market is crazy, but it is not any crazier than it was two weeks ago!

The indices are still short of their pre-Wh** level, but I am past where I was.

How long this bull market will last, I dunno, but I am willing to ride it out up a bit longer.
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Old 03-04-2011, 02:53 PM   #123
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Up down up down up down up down sure wish I had a crystal ball could make a fortune and be FIRED today. I will stick to the tried and true LYBM save along the way and enjoy the ride till FIRED.
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Old 03-08-2011, 11:49 AM   #124
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Time for a crash - everyone seems too complacent!
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Old 03-08-2011, 11:52 AM   #125
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Time for a crash - everyone seems too complacent!
Yay! That's the official antidote for "whee." It's all up from here.
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Old 03-08-2011, 07:59 PM   #126
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2 years after market low, the little guy is back - Yahoo! Finance

These kind of articles scare me. I remember in the late 90's a quote that went something like this "when the cab driver and the elevator operator are giving you stock tips it's time to get out". And John Neff sitting between two new age investment gurus looking bewildered at their optimism about how things are different now (also late 90's). Call me pessimistic or alarmist but I can't help wondering if the baby boomers aren't being set up for a big a$$ kicking.
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Old 03-09-2011, 07:15 AM   #127
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2 years after market low, the little guy is back - Yahoo! Finance

I can't help wondering if the baby boomers aren't being set up for a big a$$ kicking.
The boomers just got a big a$$ kicking. Another would be piling on But this is a demonstration of why market timing won't work. If the average Joe is just getting back in that would signal a period of substantial gains ahead before the next crash. The fog is whether it will be a short period or a long one -- could go either way. I will sit tight on my AA and hope I don't become an a**.
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Old 03-10-2011, 06:05 PM   #128
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The boomers just got a big a$$ kicking. Another would be piling on But this is a demonstration of why market timing won't work. If the average Joe is just getting back in that would signal a period of substantial gains ahead before the next crash. The fog is whether it will be a short period or a long one -- could go either way. I will sit tight on my AA and hope I don't become an a**.
I agree with what you say. I am doing the same thing. I guess I just don't understand market psychology. I see it on a daily basis but I still don't get it. I am starting to understand why a lot of folks will be working longer though.
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Old 03-10-2011, 06:24 PM   #129
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I wish it'd chosen the end of the month for mine to drop 1.3% instead of today. Would have been a great time to buy.

But since it dropped 1.3% today instead, I now have to panic, drop out of equities entirely and stick all my money in 30 year bonds at 4.5%.
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Old 03-10-2011, 08:55 PM   #130
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This roller coaster is very funny -

A few days ago finished re-reading The Wall Street Gang by Richard Ney.

Always timely, published 1974.

Seems more fitting here then in the What did you read thread.
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Old 03-10-2011, 09:01 PM   #131
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This roller coaster is very funny -

A few days ago finished re-reading The Wall Street Gang by Richard Ney.

Always timely, published 1974.

Seems more fitting here then in the What did you read thread.
Is that the one where he is leaning against his Rolls in his driveway in Beverly Hills, looking very dapper in an ascot? He sold me with this photo!

Ha
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Old 03-10-2011, 09:04 PM   #132
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Did not see that version, mine is paperback $2.25 when new. I was a cheapskate even then.
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Old 03-10-2011, 09:12 PM   #133
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Did not see that version, mine is paperback $2.25 when new. I was a cheapskate even then.
I think I still have that book somewhere. He looked like a more handsome David Niven, just about to con some widow.

Ha
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Old 03-11-2011, 02:01 PM   #134
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I think I still have that book somewhere. He looked like a more handsome David Niven, just about to con some widow.

Ha


Hmmmmmm....nah. He needs a mustache to get my attention.
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Old 04-01-2011, 10:52 AM   #135
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I don't want to jinx anything. Honest. Do not fear. I'm not going to say "Whee!" .

BUT, I just wanted to mention that my portfolio was higher yesterday than I had ever imagined it could be. This market is taking my breath away and still seems to be headed up, up, up.

OK, now don't trip over each other as you rush out to sell... Just wanted to provide a fair warning with a decent lead time to all.
I'm STILL happy. Sorry, folks!

My portfolio is larger today than it has ever been, larger than it was when I started this thread. If the market remains as high as it has, with just a little normal volatility as it has shown, I think we all have reason to smile.

Never fear! There will always be times when you can logically be miserable over the market, but so far this spring isn't one of them IMO. My guess, for what it's worth, not much, is that you'll probably have to wait for another month or two ("Sell in May and go away") for that.
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Old 04-01-2011, 10:56 AM   #136
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OMG! W2R is at it again!

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"Sell in May and go away"...
And, and, and, she has turned into a DMT CMT!
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Old 04-01-2011, 10:58 AM   #137
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OMG! W2R is at it again!

And, and, and, she has turned into a DMT CMT!
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Old 04-01-2011, 11:01 AM   #138
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OMG! W2R is at it again!



And, and, and, she has turned into a DMT CMT!
She's turned into a Wheeee Market Timer.

And the secret is out--now "wheee" know what the W in her name stands for!
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Old 04-01-2011, 11:10 AM   #139
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She's turned into a Wheeee Market Timer.

And the secret is out--now "wheee" know what the W in her name stands for!
Wheee2Retire? I *LOVE* it!

If I had thought of that in time, I would have changed my username to that, instead.
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Old 04-01-2011, 11:15 AM   #140
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I'm STILL happy. Sorry, folks!

My portfolio is larger today than it has ever been, larger than it was when I started this thread. If the market remains as high as it has, with just a little normal volatility as it has shown, I think we all have reason to smile.
What we have seen hardly ranks as normal volatility. VIX is down to 16.54 today, on a 52 wk range of 14.86-48.20.

What we have is another lemming dash, far less concentrated and extreme than before, but present nonetheless.

Ha
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