Well, if helicopter ben (havent heard that in a while outta cnbc) iz up in the chopper today then maybe we could even ring a few more points of of the s&p even on a day like today. It would be any more scamish then any other day. Sybs seen stranger thingz in these markets.
PS ..... Tech, Although sybs givez you high gradez for effort and drive, typically smart people dont run around telling otherz "i am smart, even in defending themselvez against irrelavent idiots like geegee.. On that note Sybs iz admittedly a run 'o the mill plain 'ol dummy. The only thing sybs can say for certainty iz that sybs not a 'follower', nor really a 'leader' for that matter.... Sybs iz more or less chotic nuetral.
Agreed. It certainly wasn't typical of my responses to GeeGee's nearly incessant personal attacks. I chose my words poorly, but am tired of being nice/politically correct with GeeGee, whose IQ isn't close to any of the shorts on this board, including me.
A more proper framing would have been that while I have been wrong about the timing (the manipulation has far exceeded what I thought would happen, because of the market wide confidence game and but mainly because CapWorld was up to its eyeballs in scam stock and was desperate not to let it tank after Q3 earnings), I have been accurate in all of my fundamental calls (competitive moves by Best Buy. Target, WalMart, Google; impact of gasoline/shipping costs and average order size on profitability, etc).
The reality is that your strategy in fighting this scam has been much better than mine. Mine worked very well with NFLX, GMCR, and CMG. But, the market wide scam squeeze (because we really are nearing the end game) that has taken the VIX below pre 2007 level has made owning puts during this period extraordinarily painful. The folks running the casino decided to go "all in" on a failed strategy (because their only goal has been inflating nominal asset prices to prevent banks from having to realize losses, but it cannot work because of constraints that many of TBTP are blind to because they live in the financial economy and not the real one...). It will end very badly for them (and now for all of us), but it certainly has inflicted a lot of pain on me in the interim...
"whose IQ isn't close to any of the shorts on this board, including me."
Since only someone with a zero IQ could think that his having started shorting Amazon at $180 and the stock being now over $260 to have been a "smart" move, then this would mean that G's IQ is well above your zero level.
"competitive moves by Best Buy. Target, WalMart, Google; impact of gasoline/shipping costs and average order size on profitability, etc)."
Yeah, Best Buy pricing products below cost is surely a sustainable strategy that shorts here can count on. And so is Target and Walmart's forcing shoppers to drive to stores to pick up items when gas is priced so highly.
"The reality is that your strategy in fighting this scam has been much better than mine."
Thanks for being honest here and alluding to the true failure of your "strategy" for once instead of trying to claim that having started shorting from $180 was anything but a dumb move.