Modesty is in short supply on this thread- what an irony!!!
Kurlacks and Jerry favors and Accomporas who compare markets to 100 of years of charts, just forgot that market is not about 100 years the new paradigm needs new invvestment macro FTA...When in the middle of the carnage I was calling that this market will shock everyone with its power to roll back up and I was raising the spectre of a bull market based on fundamentals I needed for that lone voice to surivive 'self- believe' when everyone else was bearish-- I was up against the GURUS like Accompora, Kurlack and Jerry Favors and their hardened disciples, they all want to bury their posts of shame, however this what we call 'SI' since 97 Oct debacle and Jan 98 composite run, these guys have stuck to their 'bear menu' and SI dutifully maintains that record of shame....
SI became the nest and largest den of shorts any long would be shunted out as common interest would let them descend on anyone who would be long, they would descend on me one after the other to break my resolve that 'I did not let them do'. many a self styled gurus have lost what ever they had they run perpetual short positions they can short INTC at 65 and they can call MU at 5$ but the fact is INTC at 106 and MU 43 belies their whole existance, Kurlack can now say I am human only..
I have my choronology of posts which something is pompou but otehrs have it to also they can post their choronolgy with equal pride who stops them may be their own 'story of shame' cannot be seen in its entirety but to know what you write one needs to go back and compare with reality on ground that is one testI correct my mistakes which are ample but ours is genrally a story of facts at the worst of times therefore I post it it adds up my Oct 97 'bhumbo 1 posts and my Oct 98 bhumbo 2 posts all add up. That is the acid test I subjest myself too.Why not to highlight the achivements of these self styled gurus when it mattered the most. Ouch they say please don't be nasty or don't show off- no it is not about pomposity it is about facts and exposition TA voodooism which goes on without any check on this SI..
I said come on get on to the fact this market is not going anywhere but up-- I have three set of chornologies the 'posts of shame' I call them is the best reading Ike and Kurlack and Jerry Favors and the small time disciples of bear gurus...it will be fun reading and comparing posts of these self styled gurus with mine, I am waiting for one of those days as I write a book about this unique global experiment which I run from three continents of the world.
I expose these self styled experts fly by night part timers like people expose hypsters, for me prophets of doom and gloom is a permanent state of mind, to see everything with skewed mirrors is very important to be negated. I think these prophets of doom whose posts if taken as investment records will show they 'never miss the chance to miss the train' are as bad as 'pumpers and dumpers', this thread stands for that open challenge to Accomporas, to Jerry Favors script and Kurlack we want to remind that next time when you write remember someone will be hurt big time.. if you don't have scientefic model I tell them 'don't fool gullible people' most of the new entrants are here to expect rationality and under disguise of voodoo TA to send messages of doom and let people sell at worst possible time and let them buy puts at worst possible time is not my style of modesty and nicety. The manifestation of one's activity is in their statement of account, let them come and post their activity profile if the gloom they predict is the gloom they practice..
Humility and humbleness are virtues in a business like market forecasting, I encourage 'charltans' to go back and read and see what they missed and how deliberate one sided they were not far 2nd to 20 Oct will show and compare with my posts, 'ice cream sellers' and 'fly by nighters' descend with a plan on anyone if he posts a single message of a stock on more than one thread they call him hypster,but to create a atmosphere of extreme pessimism is considered very much fashionable because of SI guru predominanat population is bunch of shorts the only thing they can trade is short side, for them it never occurs that market has two moves it has also never occured that this constitues bad faith to keep calling a market bear market without understanding of global compexities or derivative trading. I took it upon myself to expose these fly by nighters and hence this thread came into existance when very same people were shorting IBM at 45$ 18 months back. Hypsters are dealt with iron clad hand or if anyone questions the nonsense they post,although they don't trade a single share or in direction of their posts they have audacity to write every day and this is checked when they write they know IKE is watching and that I hope will give some sense of balance for their own good, saving SI from a complete nest of bears is IDEA's motto. Two sided rationality is the approach it is not a beauty competition out here for we to become 'hot' at the end of the day it is about markets.
I take pride because what I did was not once but on every occasion these guys in name of TA mislead or try to create an environment of terror so that people may sell out, that we prevented, we took abuse as people tried their best to dislodge me and I take credit also..as I have always said on three accounts we are distinct one full disclosure of all trades broker to broker confirmation, we trade what we post, second we highlight the undercurrents and try to justify the move within context of macro economic fundamentals and we are open for any challenge 'broker to broker confirmation' on returns on our portfolio based on posts on SI, that is how we take our job here with money and we put our money where our mouth is on that count IDEA returns today I am sure in minimum seven figures accounts will beat anyone's of these so called self styled prophets of doom...
From Clinton to Brazil to intervention in Hong Kong and from ASEA weakness to $ weakness we have been right on all these counts, our interpretation is in line with what turned out to be conventional wisdom, even on Iraq the first day we called it NOTHING, so I agree with you that modesty is in short supply because when in Sept I was going thru this short term correction 'abuse' and 'denunciations' were also not in short supply, one could call me names dime a dozen..and get away with it I take my revenge with my posts and my market...and my returns and I say who dares win...ggggggg |