SO when I came to this site I assumed people had theories, principles, best guesses, I do what dad did, what would Warren do. SO I have a standing offer on my personal mutual fund which has been set up to help my 2 40 something boys. So i ask you if you are an advocate of Wycoff would you use his principles to choose a stock. It is my money you have nothing to lose. With 20 selections I have 20 positions to weigh out any big loss. Show me what Wycoff would do.
No, thank you. I understand from your previous posts on this challenge that you are proposing a 5-year horizon. My projections show that the essanpee only has 23% upside from here, which likely won't take anywhere near 5 years. At some point in that distribution, I will be out of stonks, crawling out of hibernation and looking to get short for the next great bear market....Bwahahaha...cascading waterfalls of red, closing-hour panic sell offs, dead cats everywhere....amateurs on margin getting smoked as they continue to hang their hopes on every scrap of funnymental news, eyes glued to screens eating chili with their fingers, crying, gnashing of teeth....so looking forward to it. Are my claws showing? Back, back, get back in the cave! Damn, its been a long winter for bears.
Chill,relax, all is well. You can start any thread you want. Its Not my house I just visit. I haven't figured the chart thing so I pm tormented "our MOD" and ask him to so it starts clean with a chart and description . On a side note, definitely will be watching the VIX,yield,dollar and watching to see how the big players plan to roll.
Yeah, all is well. ""What you got ain't nothin new. This country's hard on people. You can't stop what's coming. It ain't all waiting on you. That's vanity."
So your saying you don't want 100 real dollars to use as play money. What have you got to lose. You were hand picked to get an invite.
No the five year is the length of time it would take for my boys to see what my dad taught me. Both my boys are in safe products, ie an IUL and an offering from Key Bank. So you talk about your projections but you are afraid to prove your point by allowing me to invest 100 dollars in your name. This mutual fund is for my kids. My 16 year old grandson chose Bitcoin and I about pooped my pants. Well if we were in court, and you said my projections an attorney would yell out "OBJECTION YOUR HONOR HERESAY" Something tells me your a fan of Frank Morgan the man behind the curtain in the Wizard of Oz. What has happened is you have stepped up on the public podium shouting out an opinion. When a goofy old man like me shows up and yells BOO you faint.Me thinketh you want me to ignore the man behind the black curtain. Your use of adjectives is nice I hope I can use them with your position. Yet your making claims and Im waiting to here your best and worst transactions last year. Here the rubber meats the road. What projections show only a 23% upside from here. My projections show the Mariners missing the playoffs again. RUN RUN RUN HOME>
No, not a fan of Frank Morgan but a fan of the author, L. Frank Baum. His 1905 book, The Wizard of Oz, was all about monetary policy and the 1896 presidential race between McKinley, the Bankster's man, and promoter of the gold standard (the banks held all the gold), and William Jennings Bryan, the Lion of Omaha, a proponent of a bi-metal money system and the restoration of free silver, the peoples money. Bryan was a democrat and the populist candidate, like Donald Trump, the peoples candidate against the elites. He lost to heavily funded McKinley. You see in 1873, a time of great westward expansion, European immigration, innovation, building of railroads, steel mills, etc. when the money supply needed to be increased, the banksters (wicked witches) instead demonetized silver and Lincoln's Greenbacks to contract the money supply and capture assets for pennies on the dollar including industries (tinman) and farms (scarecrow) . The yellow brick (gold) road led to the Emerald City The emerald city typified President Lincoln's issuance of unconstitutional greenbacks to finance the civil war which the people loved but the government under bankster pressure demonetized. As I recall, the wizard represented the government and/or banksters who did not want the people to look behind the curtain and see the fraud perpetrated on the people by the banksters...the Crime of 1873. In 1893 the railroad stock bubble burst and the 2nd worst depression hit. In the book, Dorothy's slippers were made of silver and they were the answer to the monetary problems of the country (the way home to Kansas) all along. The restoration of free silver was the answer that the book promoted. The courageous Lion of Omaha, William Jennings Bryan supported that. Anyway, yeah the book is chocked full of reference to the monetary struggles of the late 19th and early years of the 20th century and anybody that read it then, understood the symbolism. Unfortunately, when they made the movie they changed the silver slippers to ruby slippers, supposedly to highlight the new color-film technology, but by doing that, they removed all the symbolism, and thereby removed it from the people's memory. They have to keep the people ignorant after all. And now, since 1914, we have the Federal Reserve System a a fiat debt-based monetary system to which only a few people really understand and her equally evil twin sister witch, the Income Tax Act, enacted at the same time, on Christmas Eve when no one was paying attention. Dorothy never did make it back to Kansas, the banksters killed her and buried her under a mountain of debt. Below is Bryan's "Cross of Gold" speech originally delivered in 1896 in his bid for the democratic nomination for President. Probably the best political speech of all time. So famous was this speech that Bryan recorded it, probably after Edison invented either the wire or wax-cylinder phonograph.
I am giving you triple points for quoting Frank Baum. The last time I talked about him was about his thoughts on theosophy. In my book I have moved you up to a VERY notable member. On my 2nd cup of coffee and your reference warmed my heart and mind.
Top 'o the mornin' Stockaholics community! Happy St. Paddy's Day! Just a quick reminder to all that we have the FOMC announcement due out at 2PM eastern time today. Followed by JPow presser at 2:30pm eastern time.
Well I'm taking a beating. KMI, DIS, ENB, GTN, IWM, QTS-A, TRTN all down quite a bit. NVAX and KLIC keeping my morning from being a route. Dow and S&P100 barely ahead. S&P500, Russell, and Nasdaq taking a beating at the open. Be fun to see how this plays out after the fed meeting and powell speech.
No surprise from the FED, seems like yields didn't spike hard and giving the market a little bit of a boost
I was out in the boonies with no service after lunch. Missed the show. The longs are happy. I worry when they get quiet and stop chirping. My BTC is back swinging full steam, TSLA is waking back up and my newest position is holding its own. Vix is below 20, are we moving back to the old days?