Well Iso - you just had to go & do it; now didn't you (VBG)~
... you refused to let the "Johnny Come Lately's" who arrived here after the Big & Easy Money was allready made to ignore reality & slap each other on the back as they swapped fish stories.
...Iso - didn't you understand that this was supposed to be an all good news, just the good news and nothing but the good news thread ?
... and how dare you speak of tops, rollover, shorts, profit taking, recession and "CASH" - cash ? on the thread of the Mad Max Margin Marrianettes ?
Wasn't this where threadsters were supposed to be able to ignore all their losers & continue to swap fish stories & slap each other on the back about all the grade trades they made ?
How dare you point out to all those buying tech that the bottom wasn't at NAZ 3500 in Sept, not at 3000 in OCt, not even 2558 Nov and not even 2300 here of late ?
How can you mouth the blasphemous verbage of shorts & tops, recessions and raising CASH ?
Can't they buy tech headlong at 3500, then 3000, then 2800 on margin & disappear on yet another vacation & then pop up and act like nothing happened weeks later ? - how dare they be reminded of reality & how dare you continue to speak of cash & caution ?
.... and not as if all the above wasn't enough; NOOOOOO00000oooooooo !
- you had to go and break the Nat Gas Bubble - the Holiest of the Holy - GAS ~
How dare you speak ill of their Holy Grail ? - speaking of selling, profit taking & shorting mother gas ?
Iso; they may forgive you someday for all of the above - but; if you start mentioning that a group of grumpy old men who rolled over on NG, failed to continually take profits & rotate out on the tops of the banded range of the OSX, never had the cash to "really" buy the dips - because they NEVER SELL ~ and above all; dare you NOT ! - bring up the Private Mail Campaign & all the urges to "pump up the postings" to make sure the - "High Tolerance of Prevaracationocity" thread made the "Hot List" on SI - don't you dare mention that...
... imagine grown men; "needing" to be "hot" - whodathunkit ?
Ciao ~ I've gotta go add up my "Take" - covered my shorts too soon here; as I've got this fear that Greenpimp may throw a 100bp MOAFC's (mother of all fed cuts) at the market as we are just one headline, or one economic report away from a mutual fund redememption run... and GOLD (VBG) ? - whodathunkit ?
Here's a little reality check chart:
A 20 WEEK/5 Month chart - from the time the food fight Meter pegged itself off the chart here - back when the arrival of Ed/cnyndywllr & the Bagman called the tech bottom at 3500 & chastised me for daring to sell the bubble short at the bottom and when raising cash; seeing the recession and shorting Nat Gas on Dec 31st was the work of the ANTI-CHRIST ~(roflmao).
... but, even with that; that didn't create enough ankle-biting from the chihuahua crowd - NOOOOOOooooooo; how dare I begin to talk about Gold, about hedging a market meltdown, about seeing not just a hedge, but a value play in Gold - a cyclical bottom similar to the dark days of Oct 1998 & $10 Oil at OSX 45. How dare I start accumulating a portfolio weighting in Gold Stocks after having taken 75% off all my Oilpatch funds off the table in Aug/Sept at the move to OSX 140 - trading the banded trading ranges of late - keeping plenty of cash & dumping it all - taking profits at OSX 135 & getting completely out again here of late at 130 - and shorting, daring to short tech here from 3500 and then as Michael Happel pointed out in such a timely manner - how dare I be shorting tech here again at 2700, or 2500 "here" at yet "another" bottom ?
I guess the "Hat Trick" of:
1. Taking profits on Black Gold Strength
2. Rotating into any & all Yellow Gold weakness and -
3. Short/trading Tech
... was just another terrible, terrible macro call to build a trading plan around - but, for all the Chihuahua's of the world - here's a little Hat Trick Reality Check (VBG):
siliconinvestor.com
Last 2o weeks/ 5 months:
XAU/gold stocks up + 23%
DOW up + 4%
XNG/nat gas stocks up + 2%
XOI/Oil Majors down - 1%
OSX/Oil Svc down - 4%
S&P 500 down - 10%
NASDQ down - 36%
==============================================================================
<< Message 14518675
Oct 5th 2000
..."XAU 40-45 if seen; will represent a historic sector opp similar to OSX 50 & what $10 Oil did just 2 "Black Octobers" ago...
Gold's been the "new paradigm/bubble" whipping boy long enough - time to lay the serious money on the Yellow Dog - yes; I know he's been sleeping on the porch for 6-7 years; but he's waking up & he's foaming at the mouth & teeth barred; he aint takin it no mo... don't mess with the Yellow fightin' Dog here !
Play; Black to Yellow Gold & Short the Bubble - it's just that simple. ">>
The Hat Trick Trading Plan Marco Call:
1. Rotate out on Black Gold Strength into -
2. accumulating Yellow Gold weakness
3. Short the Tech Bubble
.... whodathunkit ?
No; Iso - I won't mention the hat trick; let's pretend that the Nat Gas E&P's didnt rollover on Dec 31 & all these $10-$15 corrections in Gas stocks never happened ? and lets not think for a moment that all those who were max margined in Oil & Gas in Oct as the OSX soon collapsed to OSX 94 - might have gotten "called out/liquidated" or even that they might of sold at the bottom getting whipsawed there... nahhhh... let's never address reality; let's let the chihuahua's come down off the porch to nip at our ankles' and God forbid we turn & take a bigger, harder bite outta them; or worse yet - shed the light of reality on their pompous BS... No; we shouldn't dare do that after all:
This is, was and should allways be:
The Good News, Just the Good News and nothing but the Good News thread....
Tech is good, max margin is good, Gas is very, very good - but, taking Oil profits, shorting tech, buying gold, raising cash ? - bad, very bad, very, very bad....bad Iso, bad Iso - very, very bad Slider...
later ~ |
