"Sanders is their choice across the board"
that's unfortunate. sorry to hear that.
its sad what has happened the last 20 years, starting with clinton.
"so your wrong 7yrs running"
in what world is owning rig from 87 to 10 "being right"
or GS from $210 to $165....
or F from $17.50 to $14
or C from $56 to $45
just curious. how can someone so smart (like yourself) lose 40% of his money as stocks roar 100% higher in 6 years????
"first you said $15, now low $20's"
i did? maybe i said it was possible earlier this year? targets change as charts develop. people really should learn to adapt to the CURRENT environment. being a simple minded monkey like you or larry has not netted you any gains over the years.
btw, the bear market in oil is far from over. seasonal bounce. just like last year. supplies still outpacing demand by over 1MB/day. until that flips, oil is in a bear market. i still think low 20's will be coming by end of year.
buzz's history calling oil:
"buzz60016 • Sep 15, 2012 12:48 AM Flag
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Oil will $200 a barrel by the end of 2013..........
$100 to $200......a simple double in price.
Obama will help the little guy - Ask the Fed to interest rates low, very low
Because Obama loves America......
Oil went from $50 to $100.......a simple double
It will happen again, in the next 12 months."
could have been a big gap down. but nope, stocks quickly bought and gap filled right away. once again, there are no overhead gaps and plenty of gaps below. i have no doubt 2061 and 1989 will be filled in rather short order.
and then 1864 and 1820 in due time.
finally took a quick look at gold. those gaps on the weekly at 1158 and 1060 should scare most away from buying after a 20% straight up move. add in the fact it is now overbought, i think this move is running on fumes.
i'd expect gold to go back to retest the 1050 level by end of summer.
the PM King has spoken.
(now let dez do the opposite so he can lose more money).
i see the 50wma has now dropped below the 100wma. macro funds have been dumping over the last month. cb fallacy keeps stocks afloat. "no other place to put your money". too funny. most here have been long since 2010 and still lost money. i'll gladly keep my TLT and hold the rest in MM earning little. better than buying stocks and losing 50% of your money in a few months.
earnings have gone from $105 to $80 (my estimate once TTM is updated thru April). that puts stocks at a PE of 26 with falling earnings.
2050 will be the bottom? thats funny.
so, you're short UVXY?
if not, you buying SPY? come one buzz, tell us what you are buying. stocks is the only place to put your money.
"and who said the markets would sell off today? Only you. what a troll."
i think buzz hears "voices" in his head. he is 80 and mental retardation does run in his family, as he admitted....
so, you're shorting it here?
just curious. seems like no-brainer if you think its going to $10 or $8....
its so easy to lie and spin the truth when you dont actually make any trades.....ever.
rofl. burying trades in old, forgotten threads that no longer show up on "today's screen".
well done. you never wondered why your posts werent showing up? you knew this, and that is why you finally started a new thread.
you fkg kill me, bro. god, you're pathetic.
is that why you crawled your way back to the board? to remind me of that insignificant little trade? it was simply to prove a point. once you disappeared for a few months, i let it go.
and if i still held, i'd be down $1500? REALLY? you're gloating because you thought i might be down a whopping $1500?
the same guy that started buying BTU at $150 (split adjusted), averaged down AT LEAST 10 times, and rode all shares into BR. you had to have lost 10's of thousands of dollars on that. and you come back hoping to gloat about me losing $1500?
you still crack me up. thanks for the laugh.
this rally from the feb lows is very comparable to the rally over the exact same time period in 2010.....
16% rally in 2+ months. topped in 3rd week of april.
in 2010, stocks dropped 10% from apr 23 to may 7.
and another 10% from may 7 to jun 30......
spy at 180 means the PE would only be 22.50. that is far too low when earnings are dropping 10% annually, now at 2011 levels (when spx was 1250).
and all gold bulls on this suddenly cry out in horror as the stupid drunk proclaims now is the time to buy after a 20% rise.