Plus - every time sybil iz a buter of bitcoin stox , beit going long when they are 'cheap' (like AA at 7 bux, or BAC sub 6) or buying to cover a short position sybil iz 'investing' for the future of better fundiez , earningz, stok pricez etc.
What sybil DOESNT do iz lose money hand over fist making the same mistakes repeatedly over and over and over again with bad bets based on emotion and pure rockheaded stuborness. No no no....
Tech, you really needent lose money to call yourself a rightious and proud 'investor' of a Patriotic America. America iz steeped and founded in capiralism where to have winnerz their must be loserz on the other side of the wager - best system on the planet. The winnerz of a wager shouldnt be labled or viewed az 'traderz' in the derrogatory sense that you spit out.
Think about that before you call sybby a nasty ol trrrrader.
Sybs. You don't invest. You trade. You gradually extract wealth from volatility in asset prices. Congrats, I'm happy for you. But there is no connection between what you do and the actual value created from any of the underlying assets and no meaningful signal that encourages new productive investment.
The problem is that smart people like you and cash "invest" all your time in trading, which creates no value... It is a microcosm of the problem the US faces on a broader scale... Financialization has basically taken all the economic rents from producers of goods and services and transferred rents to "producers" of money and those closest to them... We now have a self reinforcing situation where the financial elite and intellectual elite are one and the same, capturing a completely unsustainable share of the economic value and still seeking to grow that pie... Some folks (you and Cash, though in different ways) recognize the problems... But, you simply join in instead...
Financial sector share of GDP is 50% higher than the roaring 20's. More than double that of 30 years ago and close triple that of the median share of the past century. Financial assets and the financial sector are the bubble. There is only one semi stable path to bring the financial economy back in balance with the real one and failure to do so will lead to social instability that will do it in less pleasant ways (cash's revolutionary scenario).
Until we stop focusing on financial assets and instead focus on real productivity, we are all hosed... In the long run, financial assets come back into balance with the real economy. The longer we play these games, the more the real economy decays...
And my point is that investors can change the dynamics from the bottom up if they simply have the courage to ignore badly painted technicals and focus on fundamentals. The path that has been followed cannot work. There is only one semi stable path.
Firm believer in markets and capitalism... The kind that aren't rigged / manipulated first by the Fed and TBTF and then amplified by an order of magnitude by casino collusion in float jams. The real economy and noon financial markets are simply responding to distorted price signals from blunt central planning tools of the financial sector...
Who iz your 'community' ? Lordy help them if they are being guided by your 'investment' advice. Tell em to tune into sybs posts and they'll make out better then OK.
My community work is getting the LONG investors who haven't been concentrated in float jams to realize that the Capn and crew / casino have stolen from them (via AUM fees and bonuses) and their shareholders in the 18 month float jam ETF stuffing via rebalancing.... I have no love for the short funds. They are equally collusive and are often responsible for the more extreme rallies to kill retail shorts and puts. None of these games create any value. In fact, all of them destroy value...
As to "similar nonsense", I will see the Cap'n and his crew taken down. This is the Enron of this decade, but most of the malfeasance lies in the financial sector outside the company... It is important that people understand how a small crew of collusive longs and quants manipulated the market to stuff ETFs with #$%$ so when those ETFs and the stocks implode, they know where to go hunting...
Ex, skiidady iz NOT a 'good luck charm'. He iz a legitimate and powerful contrarianz indicator that works better then the vix. If sybby could create a Skiidady Security and assign volitility, time, and intrinsic valuez to it then sybil would issue it to the markets in the form of Skiidady Optionz .
The tag line : "Tired of paying for more time premium than you need? Tired of getting burnt by risky vix optionz premiumz ? Trade Skiidady Weekly Optionz and your problemz will be solved "
finally he will become a legit member of piranha community.
btw, piranhas don't need community organizers, but they piranhas will gladly sell puts to all Tech's followers.
B * S is over. no more dreams of educating pension funds and similar nonsense. just do your community work.
But sybby can make some other AMAZING predictionz:
1. Upon geegee waking up and washing the stinky crust out of hiz ars will begin widly jerking off on the yahoo message boardz
2. Geegee will not lose money buying crackhead optionz for the fIrst friday in MANY. He will be spared az he eagerly awaits with hope for congress to return and vote on extending hiz long term unemplyment benefits. He will be let down by boener.
"The U.S. stock market is closed tomorrow, stoopit. Your powerful trading gods are stoopit, too."
Sybil iz but a lowly messenger who iz falibleto forgetfulness whilst doing BIG bong rips. Sybil haz been known to make a mistake or two in the fog of being stupendously STONED. Geegee iz living the Curse of Brokedeiockedness cast on him long ago by the trading gods - he iz destined to be broke for eternity. Other gods that geegee offended have encumbered him with severe retreadation az he waz born of of the placenta of a late stage botched abortion - he iz now resigned to jerking off all day on a yahoo MB az he droolz on hiz key board with no money to bet.
This autocorrect is almost as stupid as you are... The captain, crew and SS AMZN are going down. Please stay on the ship and keep trying to bale water...
Geegee, actually, you should apologize for being a waste of perfectly good cl carbon that could have otherwise had done real value to the world. The future will such fit you and those that have paid for your pathetic existence. You'll be better off if you just jump...
Techstrategy: "I continually say raise cash and buy gold."
Yeah, you've been saying the same thing for almost two years.
Apologize to those who listened to you and sold AMZN and bought gold in 2012. They lose money, stoopit.
We will see... I'll be adding to shorts as well... The CMG experience is likely to be systematically replicated... Once earnings premium is gone, institutions will unload scams. By end of Q2, all float scams will be down hard and float scam operators facing HEAVY redemptions of what is left...
Sybil: "The trading gods have instructed sybby to short pig flix with a 1/2 load of POWER SHORTS tomorrow ."
The U.S. stock market is closed tomorrow, stoopit.
Your powerful trading gods are stoopit, too.
Hahaha . . . .
I continually say raise cash and buy gold. Not saying USD is going away. Just saying gold in USD terms must d skyrocket to avoid cascading defaults.