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To: Dale Baker who wrote (82437)9/17/2009 3:58:37 PM
From: MoneyPennyRespond to of 118717
 
There are always strong sectors and strong stocks. With the internet they are not that difficult to find. Someone is always going to make money might as well be me. MP



To: Dale Baker who wrote (82437)9/17/2009 11:56:58 PM
From: Wyätt GwyönRead Replies (2) | Respond to of 118717
 
I skim the permabear threads for two reasons

this is funny. is this the "Let's dance on the graves of the permabears" thread? i guess permabear is a naughty word. tell me again about the mean old permabear, Daddy.

bear, bull, tomato, tomahto, who cares? if you make money, great. just don't lose a whole bunch of it. as many "permabulls" did over the past year. don't take the big bath.

also, maybe don't let's use simplistic placards to sum up disparate groups of people about whom we know almost nothing, some of which disparate groups of people may have outperformed us by, like, a lot?

First, if they ever turn bullish, I will get worried and consider taking some profits

no need to look so far afield. right here, you have a bunch of self-contented longs trashing the evil bears. what more of a contrary indicator do you need?

(i hope i am not straying too far from the club rules here to point out that the last time we had such a rally, combined with similar resuscitation of bullish sentiment after a terrible initial cr*sh, was 1930. right before the market lost another 80%. fortunately this time we have we have not just God, but also Bernanke on our side.)

I check to see if they have any new information that isn't well-known and already priced into the markets by the real money players.

well, how nice for you to automatically know, just by "skimming", whether there is (and i quote) "any new information that isn't well-known and already priced into the markets by the real money players."

silly me, thinking the world is full of ambiguous information which makes it difficult to separate signal from noise. i want one of those decoder rings!