if this guy is a real trader...
:suspicious:
i think some men in black be visiting in the next 48hrs


lol

So...maybe wait til Thursday, hope they pass the vote, sell on Friday? Then sit on cash and wait for the bloodshed?

See my post on previous page :p

hahah

I think he speaks the truth about how a lot of traders feel and he just had the guts to say it. He only cares about making money on the way up and the way down.

I think we will see a big bounce if the Euro bailout passes. I was under the impression it could be 45 days or so because it has to be voted on in each country first.

^Yes, I think each country has to vote, I think Slovakia is the last, but I think Germany is the big one everybody is watching

im tempted to stay in and guess

but best play is stay out, and im gonna do that soon

even if all this shit works out and global economy is all spiffy and fixed up
even if you miss the first day or two or three of a bull market restarted, you wont miss out if you put your money to work after the fact.

put the put options in october are insane i heard by large institutions, esp in financials

sorry guys.. i dont have a position but i would be short commodities for now still till jan/feb

it's okay if you don't agree with his view or maybe he is just a clown looking for attention. but it's foolish to disregard the market action. it is telling you to get out and wait on the sideline. people are getting margin called hence the drop in gold prices.

edit: this was directed at Jermyzy about the BBC trader video. sry for the confusion.

Ahh good point. I heard a poll recently that 75% of German citizens do not want to bailout the poorer Euro countries anymore.

im not a clown looking for attention.. so thnx for the support:suspicious:

but same thing you say... market action and the commodities are such an indicator i think..

i work/manage in the food industry, and recessions hit us hard

believe me, i wish we were back in 2005-2007 when we had our best years

Okay, sold off some positions. Wait and see now...

Haha, I think he was referring to the guy on the youtube video

Seems like sometimes you need to sell and cut your losses to trade another day. The selloff in commodities (POT) is certainly concerning.

let corporate earnings disappoint? not sure where you're getting that from, just another one of your 'speaches' without foundation

corporate america is lean these days, they are selling internationally on a much smaller staff and cost base than ever before, and as such are profitable. now, for the economy on the whole, and especially in america/europe, this is not good, as they remain in a position of not hiring, but from their perspective, they're selling around teh world, with huge growht in asia (compared to relatively small amounts 10+ years ago), so they aren't reliant on a strong US/european economy

i want a strong US / european economy more than anything else, but corporate america is trucking along nicely

maybe my comments are more long term in nature, but i'm not widely going around tell ppl to buy financials (whcih isnt' working out so well thus far, in the 'short term') - i'd say buy companies that you believe in, well managed, well positioned, strong balance sheet, which you believe in for the long term

hell, look at CAT (a company i own), Cummins, and other WELL RUN industrials, ppl are pissing themselves about a potential downturn in the economy, but are they cutting outlook? no, they realize that growth in asia is a long term thing, china cannot change course with respect to its capital programs until at least 2020 - people talk about empty shopping malls and whats not in china, and call for the end of the world & a hoax of an economy... but china is building an infrastructure to house 70% of its inhabitants in cities (in line wiht US/europe) for the long term, so yes, they may build too much today, but its a lot more efficient and cheaper to prebuild than build after hte fact (as in that situation, they can't meet their 70% target)

again, maybe its because i have a longer term outlook, but if i were buying, i'd be slowly buying plenty of mining, gold (which i do own plenty of), ag plays (deere, dupont) whilst having some dividend protection. but i have a feeling, a conservative, long term view, diversified portfolio isn't en vogue with the majority here

what a bull !!!!
i hope you are right in that your thinking s&p to 1450 and dow to 13500

but so are far in space of opinion and market action you are :alone:

its so sad
the media is not really covering europe banking funding etc as much as they should be
trying to distract us with this tablet debuts?
wth?
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^Hey, I was waiting for the announcement for a new ebook reader from Amazon to see which one I should buy, I'm picking up a new Amazon Kindle, lol

yah i bought a acer tab.
effin sucks
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i've had the samsung galaxy and asus transformer (bought/resold), none of them did it for me either.. no skype-video support on android tablets wtf!

Anyway, how do we buy treasuries?

I'm gunning for germany to have a positive vote and liquidate my holdings in rally and just flip some tickers for now. this market is too risky for an "investment" mindset right now

im staying out
golfing tomorrow
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Augh got destroyed today

Hoping for same thing strykn. I think Germany will vote to approve a bailout.

Things are just too volatile right now.

my play for tomorrow

r9 superdeep with fubuki
200 steel 3 wood with diamana
rescue mid 22 deg with steel shaft
r9 tp b irons 3-pw KBS tour stiff
scotty cameron 2.5 studio design
callaway 50 56 60 x forged wedges
titleist proV1x
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Bought SU@26.65 a few days back.

have confidence when others have fear

buy when the herd sell, i tend to buy

from what i can see, you don't appear to have any financial or business accumen (working in a restaurant, unless you own it, i don't give it much weight), so your opinion mean little to me