James-- Talking about returns that much more difficult when your account is seven or eight figures or nine figures, the job becomes steeper and more diffcult the difficulty increases exponentially as the sums multiply. It is easy to have this performance for a 5 figure account or even a six figure..
2- I think second is consistency, before Idea thread my returns were not that phenomenol, but had it not been a complete contararian since July 96 I would have been wiped out when SOX dropped to 138 if you remember, from those lows where we added huge positions on semis I am four times higher, I took total advantage of any move which touched the lows, that has been the only distinction I can see over any other bull, my vision was more global I was not thinking local, I was not negative most of the time, I believed in total commitment of America to lead the world from the front and it was not only my love for American markets but I was rewarded for unwavering commitmnet in the ability of CEO's like GE, MSFT, INTC, I was not jealous of their success instead of pissing of them their hard work and leadership became my role models. I also believed in total recuperativeability of the developing world to come out, I knew the disturbing role of hedge funds and the need to harness them. I knew Russia has lived without CNBC theatrics for far too long, Russian Empire dismemebered in 1991 without a single bullet being fired, although I had this Russian stability as item number 1 potential problem in list of problems faced by the market I knew it well that we will see a turn around.
On LTCM I knew the problems are easy to resolve, for example I have a sum of money I call it 'harakari fund' I make this fund as I go down in the market and keep astounding every one with my SPZ calls and puts spread, the money I earn from chipping goes straight to buy calls and I keep buying them as market keep moving lower at a certain point like in case of bonds 132 and in case of market at 1320 and when I saw markets breaking the bond yoke at 135 on that fateful turn around I go bezerk and spend huge monies on long call. Like I will buy 100 Dell calls ar lows or 100 Nokia at lows, now this fund was not their at the begining of the move but I made it as we moved down, with a 100.000 $ on two positions the I am holding 1,5 m $ worth of positions against that until Jan I can only loose maximum of 100,000 $ so see the play and see the potential here, it is this which doubles up your account the people who have been critcising me as a prema bull fail to see I had more trades on down side than any of these guys posted.. I feel they have done injustice to small investors they are few but most dangerous quackers, I have open challenged to the entire 'self styled gurus' of SI- put up or shut up - you have single handedly being responsible of most of SI innocent investors to be terrified, they are disciples of 'Accompora, Jeery and Kurlack'. My challenge come on broker to broker confirmation of your trades what you post here- I will do, number 2 come on with your great '' returns'' like you claim you were cash on top, you shorted at bottom and are cash now, lets see, let them post their performance-- I will accept in even their performances in 6 figure account. They are betraying public trust by posting non sensical reasoning- the non scientefic non established TA and I want to tell them I follow you and I feel sorry for your tactics... this is deliberate avoidance of market strength- short even short at lows of the market, I am like sword and I am prepared to publish comparative stories and posts of deiciet on this thread, let them come and take my challenge for me I will give my broker number to every one on the thread to confirm independently..
The bear gurus 'how much you are under water' come on post your five year track- these are people who could and will not trade anything for me market direction and forecasting is a 'public trust' I was abused more than I needed now ASND makes new highs COMS maskes new highs market bhumbo has come and world has not come to an end, I only say shut up-- either do it deligently or shutup I am fed up with 'their lies darn lies non sensical directions'. These 'cheraltans' are followed by 'Idea' like 'hypsters' are followed by these charaltans... I am sad for people who missed this great opportunity and I hold Accomporas Jerry Favors and Kurlack and their disciples the half cooks responsible for this, this is deliberate construction of negativity and SI bears unfortunately were at the front.. I will say it clear and loud and I will porve it form their own post ..they can muzzle others but me.. |
