Market not happy about Uncle Ben,,,,,,,,,,,,,

[trioderob]

i made a call over a week ago that the market was not happy about Uncle BEN pulling the plug.

guys like DEAN jumped in waving his arms after a little pop and told you i was wrong.

well the "sell - off " goes on - just as i predicted and told you it would.

we will sell off to the point where the market is priced with the understanding that the fed may start backing off the printing press at any time.

right now there are a million "top callers" so this WONT be the top.

heck there may not even BE a top -just a bad pullback while investors kick and scream.

there is also end of month selling going on.................................

Edited May 31, 2013 by trioderob

[Dypsisdean]

I never said you were wrong. You take everything so personally. I only stated facts, like I will do now.

The market is up for May - like it has been every month this year. It's a fact. Actually - if you look at the last half of May, the market was flat (despite Ben's comments) - not up, not down - until the last hour of trading today. Same facts if you look at the last week of trading - flat, not up or down, until the last hour today.

But if you want to claim your "prediction" (more like a comment) was accurate based on the last one hour of trading today, go ahead. I am not saying you are wrong. The question is, will the market be up or down next month? Answer that if you really want to make a prediction. And with your call of Ford going up next week, am I to assume you are predicting the market is now over it's Bernanke indigestion?

But with one of the best starts to a year in history, a market that is over-extended by many measures, and the realization that rates may rise, I agree that it is time to be cautious. That is why I hedged early in the month by shorting bonds.

But I have absolutely no idea how I could ever take your "predictions" and use them to turn a profit.

[trioderob]

i never get any credit for the good info i provide

i stated that there would be a decline for a few weeks as the market kicked and scream at Ben.

"U.S. stocks
fell, after the Standard & Poor’s 500 Index rallied from a
three-week low yesterday, as investors weighed prospects for economic
growth with concerns the central bank will slow stimulus measures."

read and learn:

http://www.bloomberg.com/news/2013-06-04/u-s-stock-futures-little-changed-gm-rises-silica-falls.html

moose - tell me i was right and you did not give me proper credit

Edited June 4, 2013 by trioderob

[paulgila]

I have to give you credit,rob,for totally ignoring anything anyone else says.

[Dypsisdean]

Rob, if you predict a market decline and the market then goes up 100, down 100, up 200, then down 200 each day thereafter - you can not claim on the last day that you have correctly called a "sell off."

And here is a chart of the Dow beginning the day after Bernanke's comments. What am I missing? Is that an "unhappy" market? It looks essentially unchanged to me. I would say the market held up remarkably well, considering it was overdue for a correction without any news or comments from anyone - just technicals.

[redant]

I'm predicting the market will go up, and the moment it does I will end my prediction and state I was correct that day, even if I don't give a starting point or end point or actually make a trade based on this public announcement or the actual results of this prediction are insignificant.

Oh by the way Deans kicking butt so far for the weeks game.

[Moose]

I'm predicting the market will go up, and the moment it does I will end my prediction and state I was correct that day, even if I don't give a starting point or end point or actually make a trade based on this public announcement or the actual results of this prediction are insignificant.

Oh by the way Deans kicking butt so far for the weeks game.

and Ford ?

[trioderob]

oh I am wrong ????

the facts keep coming in

i was the guy talking about this real issue while you guys were taking wild guesses at which stock might be up this week

read and learn:

http://www.bloomberg.com/news/2013-06-04/japan-australian-stock-futures-decline-on-fed-stimulus-concerns.html

and EZJ is down over the last 5 days - its easy to have a big up day when you have had a bunch of huge down days.

(now if you were out on the big down days thats another story)

this week he is is up because last week he was totally smoked - true or falsehood ?

Edited June 5, 2013 by trioderob

[bgl]

BUT, the one bright spot, and this is where we are ALL winners - this thread provides FREE entertainment for all us!

PRICELESS!

[Bags]

I just hope Rob doesn't blow out a shoulder patting himself on the back.

[Dypsisdean]

read and learn:

http://www.bloomberg.com/news/2013-06-04/japan-australian-stock-futures-decline-on-fed-stimulus-concerns.html

Rob - the headline for the article we were supposed to read and learn from stated "Japan, Australian Stock Futures Decline on Fed Stimulus Concerns."

And in the same article it continues with:

"Futures on Hong Kong’s Hang Seng Index gained 0.1 percent"

"Futures on the Standard & Poor’s 500 Index were little changed"

So - I learned that the "Fed Stimulus Concerns" have been minor and mixed so far. But I already knew that.

[Vincent]

Folks, Uncle Ben is the market! The entire US economy is now dependent on the fed. How is this going to play out? Just look at Japan as a point of reference. Aside from job creation, real estate, student loan debt, consumer debt and the trillions, yes trillions, of dollars in risky derivatives in the hands of the institutions, the economy is doing fine. By the way, the big boys- the same guys we bailed when they failed- now have the taxpayer on the hook again in the event their derivaties scheme collapses. It was Bernie Madoff who said that it is all a giant Ponzi scheme. He should know.

[trioderob]

and yet again today

think maybe I was talking about something important ?

read and learn:

http://finance.yahoo.com/news/stock-futures-dip-worries-fed-114634366.html

"So - I learned that the "Fed Stimulus Concerns" have been minor and mixed so far. But I already knew that. "

- Dean

Edited June 5, 2013 by trioderob

[trioderob]

EZJ down 6.5 % today

what say yea Moose ?

[trioderob]

a good report was just released by the fed and the market is selling off hard.

ANYONE WANT TO TAKE A GUESS WHY ?

(one clue : I have been waving my arms doing back flips and talking about it for 2 weeks now)

Dean/MOOSE/Paul/Matty/Redant/Bags

any comments/ criticisms or wise cracks now ????????

Edited June 5, 2013 by trioderob

[trioderob]

now be careful

there will be a whole lot of "TOP CALLERS" out there

we could have a dramatic reversal coming soon - thats my guess

.....................just to burn the top callers

then they will wait on the side lines not believing the rally is real

when they cant take it anymore and come back in again -thats when they will really pull the rug out.from under them.

it gets real tricky as the market tries to burn the most people it can.

its as if it knows how the human brain works - and uses that information to get folks to do just the one thing that will steal their money right out of their pockets.

Kim-

am I wrong ?

Edited June 5, 2013 by trioderob

[trioderob]

- I am outta here folks

"There's a sucker born every minute"

its been real

and its been fun

but it aint been "real fun"

NEW YORK (Reuters) - Stocks extended a sell-off on Wednesday, dropping
more than 1 percent as investors grappled with concerns that central
bank stimulus may be nearing an end while the economy is still weak.

Edited June 5, 2013 by trioderob

[LJG]

Folks, Uncle Ben is the market! The entire US economy is now dependent on the fed. How is this going to play out? Just look at Japan as a point of reference. Aside from job creation, real estate, student loan debt, consumer debt and the trillions, yes trillions, of dollars in risky derivatives in the hands of the institutions, the economy is doing fine. By the way, the big boys- the same guys we bailed when they failed- now have the taxpayer on the hook again in the event their derivaties scheme collapses. It was Bernie Madoff who said that it is all a giant Ponzi scheme. He should know.

Japan is screwed in the near future thanks to one of the oldest populations in the world.

[Moose]

11:32 am "The market is selling off hard"

then ...

12:16 pm, just 44 minutes later "we could have a dramatic reversal coming soon - thats my guess"

[Dypsisdean]

now be careful

there will be a whole lot of "TOP CALLERS" out there

we could have a dramatic reversal coming soon - thats my guess

.....................just to burn the top callers

then they will wait on the side lines not believing the rally is real

when they cant take it anymore and come back in again -thats when they will really pull the rug out.from under them.

it gets real tricky as the market tries to burn the most people it can.

its as if it knows how the human brain works - and uses that information to get folks to do just the one thing that will steal their money right out of their pockets.

Kim-

am I wrong ?

Rob - you have lost me completely now - because it sounds as if you are finally agreeing to what many here have been trying to tell you all along. That is, it is extremely difficult/impossible to time the market short term. The only hope is a longer term perspective.

Don't crow if you have a good day/week, and don't sulk if you have a bad day/week. Look and buy for the longer term - months if not years.

So, let's see first how this month ends, and then how the year ends. Then we will know how the market handled any "new" Fed policies. I'm still predicting we will have an up year. How about you?

[Dypsisdean]

EZJ down 6.5 % today

what say yea Moose ?

For the week so far:

F down 4.3%

EZJ down 1.4%

[trioderob]

your stock pick is down 23 % in 2 weeks

it now needs to come up over 30% for you to break even.

good job

[Vincent]

Japan's problems are mostly related to a bubble real estate market and overreaching central bank intervention. They have not had any real economic growth for 20 years. We have not had any real economic growth for 5 years for the very same reasons. Every last bank, corporation, insurance company, wall strett etc.. should have been alowed to fail. They all preached free market but when their rigged game fell, the taxpayers had to pick up the pieces.Now, all these groups are zombies totally dependent on the dole- the Federal Reserve candy.

Japanese society venerates the elderly. We have become so sick in this society that we view the elderly as a "drag" on the economy rather than valuing humanity. We have become the ultimate disposable society. Next step Soylent Green.

[LJG]

Vincent, I understand all that but math doesn't lie. They have one of the oldest populations in world. Cost to support this high and when they pass there are not enough tax payers to make up for it. Same thing in the socialist utopia of Sweden. However Sweden open the flood gates to immigration and now have major issues in order to support their economy.

[Dypsisdean]

your stock pick is down 23 % in 2 weeks

it now needs to come up over 30% for you to break even.

good job

Do you know how the game is being played? - performance is figured from the open Monday to the close Friday each week. (First week was Tuesday - Friday) Those darn facts and details are in the way of your accuracy again. You are just plain incorrect.

But you do realize we are playing a game with those picks, don't you? It's fun and make believe. Nothing to lose - nothing to win - doesn't mean a thing. Make people use their own $10,000 and I think the choices would have been quite different. I know mine would have been.

[Moose]

your stock pick is down 23 % in 2 weeks

it now needs to come up over 30% for you to break even.

good job

Do you know how the game is being played? - performance is figured from the open Monday to the close Friday each week. (First week was Tuesday - Friday) Those darn facts and details are in the way of your accuracy again. You are just plain incorrect.

But you do realize we are playing a game with those picks, don't you? It's fun and make believe. Nothing to lose - nothing to win - doesn't mean a thing. Make people use their own $10,000 and I think the choices would have been quite different. I know mine would have been.

Listen now, hear me later ...

[trioderob]

- Posted 24 May 2013 - 07:49 AM

"down we go again

market still not happy about Uncle Ben

this has happened before and it can last a week or more "

-TRIODEROB

read and learn:

AP Stocks added to losses,
with the S&P 500 briefly breaking below 1,600, ahead of the
government's monthly jobs report and amid jitters over when the Fed will
begin tapering its bond-buying program.

Edited June 6, 2013 by trioderob

[LJG]

- I am outta here folks

"There's a sucker born every minute"

its been real

and its been fun

but it aint been "real fun"

NEW YORK (Reuters) - Stocks extended a sell-off on Wednesday, dropping

more than 1 percent as investors grappled with concerns that central

bank stimulus may be nearing an end while the economy is still weak.

I never understood why people say this and then keep coming back. You do this all the time.

[Dypsisdean]

And I wish the market was this unhappy with Uncle Ben everyday.

Interesting how Rob's post crowing about the big loses and sell off this morning was almost the exact time the market turned around and started a 200 point rally to finish up for the day.

But we all know, since he predicted a relief rally yesterday, he is right no matter which way the market moves.

I would still maintain that at this point in time the market has been remarkably resilient in light of Ben's comments, rising rates, Japan's selloff, and six straight months of gains without a correction.

[trioderob]

Japan is down 1.5 % tonight and Brazil got downgraded to negative by the rating agency SP

alot of funny thing happening with the EURO/DOLLAR trade

ALSO: market was up because the EURO rocketed - the dollar was a crowded trade AND POPPED OFF THE 50 DAY MOVING AVERAGE.

All it will take for the market to tank is a good employment report on Fri

also Dean - it was you who sold his stock and posted it real time on this forum -right before the market rocketed to all time highs.

Edited June 7, 2013 by trioderob

[Dypsisdean]

also Dean - it was you who sold his stock and posted it real time on this forum -right before the market rocketed to all time highs.

Rob - again only half right.

I sold some stock - yes - two issues that had underperformed - and I rotated into two other issues - all within a couple of weeks. I actually ended up increasing my overall exposure by about 20%.

[redant]

I'm predicting the market will go up, and the moment it does I will end my prediction and state I was correct that day, even if I don't give a starting point or end point or actually make a trade based on this public announcement or the actual results of this prediction are insignificant.

Oh by the way Deans kicking butt so far for the weeks game.

Oh I'm so right, the market is higher today then the day I made this comment, I'm a stock picking guru, follow me or fail! This is where we insert multiple links to the days activities like the rest of us live in a cave.

Edited June 7, 2013 by redant

[trioderob]

ok-

notice that yesterday I indicated that if the report was GOOD the market would go down

the report was not good -so up we go.

makes the big boys think that uncle Ben will keep the printing presses going

any questions ????

and Dean - I am calling BS on you - is this market topping out right here for the summer or does the rally continue ?

don't give me any double talk man - just make a call.

Edited June 7, 2013 by trioderob

[redant]

ok-

notice that yesterday I indicated that if the report was GOOD the market would go down

the report was not good -so up we go.

makes the big boys think that uncle Ben will keep the printing presses going

any questions ????

and Dean - I am calling BS on you - is this market topping out right here for the summer or does the rally continue ?

don't give me any double talk man - just make a call.

And like I said yesterday, the market would be either up or down today which way I had no clue and neither did you.

[trioderob]

except that I miised alot of this downturn because I knew the market was going to sell off for a while.

have fun.

Edited June 7, 2013 by trioderob

[Dypsisdean]

I miised alot of this downturn because I knew the market was going to sell off for a while.

Rob - I have no idea what market you are watching. What downturn did you miss???

On the day of the Bernanke's comments that you have been touting as a market killer for weeks now - the Dow closed at 15,307. The market closed around 15,248 today. 60 points is not a downturn in my book.

We are up for the day, up for the week, up for the month, up for last month, up every month this year. One question - how much of the upturn during the last 12 months have you missed - it's up 3000 pts???

[redant]

:floor: " because I knew" Nobody knows about the future direction of the market. If you did you could buy the entire island of HI and have the worlds largest palm garden, starting with Deans patch.

[Dypsisdean]

:floor: " because I knew" Nobody knows about the future direction of the market. If you did you could buy the entire island of HI and have the worlds largest palm garden, starting with Deans patch.

I caught that too, but didn't want to be too cruel. Even if he timed it perfectly, and sold at the close on the day of the historic high, the market is only about 150 pts lower today.

But my main point in this whole back and forth with Rob, and the point of my last post, is that you miss way more on the upside by trying to time and avoid the downside. There are ways to manage and mitigate the downside while still staying invested.

But if you like sitting on the sidelines watching a rising chart leave your cash in the dust, then try timing the corrections. I know, because I have been there - out of the market waiting for a pullback so I can get back in. And when it comes, the market is way higher than if I had just stayed in.

[Dypsisdean]

Rob,

I am going to give you the courtesy of a reply, even though I think it is becoming clear that you have either forgotten or aren't reading my previous replies.

But first

trioderob, on 07 Jun 2013 - 05:18, said:

notice that yesterday I indicated that if the report was GOOD the market would go down

the report was not good -so up we go.

These quotes from the first four articles I read about today's report - "I think it was a very good number" "I think it might have been 15,000 too good" "A decent report, certainly" "Better than expected"

But you can claim it wasn't, and that you "nailed it" again if you like.

trioderob, on 07 Jun 2013 - 05:18, said:

and Dean - I am calling BS on you - is this market topping out right here for the summer or does the rally continue ?

don't give me any double talk man - just make a call.

I have repeatedly told you I don't make calls. I don't have the skills. I try to identify long term trends. I know I mentioned that before, more than once. That is why I don't care, if the market is topping out for the summer. If it declined 20% from here, then I would only be up 40% over the last 2 1/2 years. I can live with that.

But having said that, I am cautious here. I think the chances of a pullback are palatable. So I have protected myself. But not by selling stocks and paying taxes. As I have already told you, I shorted bonds several weeks back. That is a hedge that is working very well - and I have hopefully identified it as a long term trend as well.

[Moose]

:floor: " because I knew" Nobody knows about the future direction of the market. If you did you could buy the entire island of HI and have the worlds largest palm garden, starting with Deans patch.

You gotta love "The Birdman" avatar