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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (1037869)	11/10/2017 11:10:41 AM
From: RetiredNow	Respond to of 1574053

Wow. You are hostile, which leads me to the conclusion that my arguments are striking a chord with you. Anytime someone becomes uncomfortable enough to become hostile, it is because they are facing truths they would rather not face. Are you losing your chart-gazing complacency? Getting worried about the VIX's long term quiescence, my friend? As to why I am an active investor, instead of passively sitting back forever, it's because I like making money. I've done it my whole life and it's a hard habit to quit. As to being rich, I don't consider myself rich in comparison to all the folks you see on TV. However, I do have enough money to last my wife and me the rest of our lives and leave a bit to my children and grandkids. The only reference to being rich I made to you was in the context of telling you my rich friends were raising cash. As you may understand, people who have made a habit of staying wealthy are worth paying attention to when potential turning points are near in the markets. Or in your case, you can get hostile, put your head in the sand, and berate the messenger, calling him a "dumb shit...farce and liar". Your profile says you are 64, but you are coming across like a snowflake university student, who loses control and turns violent when they hear things that are not congruent with the echo chamber they like to live in. Grow up. If you don't like my style of investing, then attack the style with facts and your own experiences. Attacking the person is a bit juvenile, although, I too will do that from time to time. Usually, it is the liberals that get a rise out of me, not other investors. By the way, I don't think charting is worthless. I actually pay attention to charts as well, but I also pay attention to macro and micro information and a whole host of metrics and indicators. I find that the more information I can absorb, the more balanced my decisions are. I even get the theory that all information is taken into account in charts. I've read the books. But in my experience, charts are not always reliable in helping you spot turning points, especially turning points that come with massive speed and acceleration, which is pretty typical of highly fragile systems, like our highly financialized economy and markets in the US.