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roofa said:
It was always about the big 4 as they are the ones I invested in-not interested in the others.

With what came across as such a forthright and know all comment you were just asking for it.;)
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Oh, so now you choose which ones it's 'about'? When CLEARLY your reference was related to 'banks'. Not specifically pointing out two months later which ones had performed the best? Good one.

Hold onto them, enjoy the ride down. I'll make sure to remember this thread and come in and remind you at a later date when they are in the red. ;)
 
So Oracle, when is that likely to be that I will be hearing from you again?
I’m so looking forward to getting some more advice from someone with your vast experience.;)

How about something of a positive nature that we could profit from?
Or how about something like this;
“Well done on your timing and investment, I was wrong”:)
 
roofa said:
How about something of a positive nature that we could profit from?
Or how about something like this;
“Well done on your timing and investment, I was wrong”:)
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Here is something you can profit from. Sell your bank stocks this wk while they are in profit! :D

Well done on the profit.

People like you pizz me off because they don't specify which banks (it's easy to pick the profitable ones now, when some have taken a BEATING, and you did say afterall, THE BANKS), they use them as an investment, and then they come into the thread after 2 months and after a huge % rally and talk of their triumphs, when really, many banks have taken a beating and your timing of your post takes the entire arguement out of context.

Get it, oracle?
 
Roofa mate don't forget that the banks have only followed the rally up. I'm sure if the markets begin to turn down again the banks will go down to. Hopefully you haven't spoken to soon, or you are going to look like a fool.
 
You should be pissed off, but with yourself for not listing to me.
What are the basic facts here? I said buy banks, you said bad idea.
Maybe you should have asked which ones instead of being so arrogant and forth right in your wet behind the ears view.
Now I don’t just throw things out there unless I’m putting my money where my mouth is, so here I am sitting on increases of ten of thousands of $$ just on the banks.
You’re fighting out of your weight division here Junior, but no doubt like a punch drunk fighter you’ll be back for a couple more left jabs.

You list you’re occupation as a trader; I can only assume it is in stamps or insults, or maybe you are really talented and can do both.

BTW. Thanks for the entertainment Lenny.
 
My view for banks was not for 2 months nor was yours. Get it? If I asked you which ones at the time, it would have been MQG and SUN no doubt.

I was on the rally myself, it wasn't hard to see. And I will be on the subsequent down move too, will you? But this does not relate to the original debate of investing in banks for the average person out there.

You've made 10s of thousands and I'm fighting outside my weight division? Just LOL.
 
roofa said:
You list you’re occupation as a trader; I can only assume it is in stamps or insults, or maybe you are really talented and can do both.
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Ironic?

Yes, I trade stamps. Too young to play this stockmarket game.
 
wonderrman said:
Roofa mate don't forget that the banks have only followed the rally up. I'm sure if the markets begin to turn down again the banks will go down to. Hopefully you haven't spoken to soon, or you are going to look like a fool.
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Yes I've seen that you two are mates.
And yes I know you are not a fan of the banks as well, out of interest Wonderman, having you changed your position from only holding two stocks from November?
 
roofa said:
Yes I've seen that you two are mates.
And yes I know you are not a fan of the banks as well, out of interest Wonderman, having you changed your position from only holding two stocks from November?
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Conspiracy theorist now?

I've made only a few posts to wonder and half them were a debate between us, idiot!

Wonders post was the obvious fact that you are shooting your mouth off while a trade is onside, not because we are mates.

You will ride the down move with longs, I will push it with shorts!
 
having you changed your position from only holding two stocks from November?
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I've thought long and hard mate about where I think we could be heading so I've changed my plans because of that. At the moment, I would prefer to use price action and technical analysis to move through the market, so I have. Buy and hold investing is going to be very hard to do over the next few years because of the massive volatility created in asset values because of money printing. I would prefer to make use of short term price movements in my investments at the moment. Experts can't predict where we will be in a years time using funnymentals, how am I going to?

Yes I've seen that you two are mates.
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This comment has got me bewildered. I recall MRC and I arguing over our point of view in another thread about a month ago. I think I said MRC was delusional, I should have said you were!
 
roofa said:
Point the finger Lenny and you have three pointing back at yourself.

Ding, Ding.

This is better than fishing isn't it?
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LOL.

If I sell the SPI today (or any market for that matter), there is a HUGE probability there will be some point in the coming months, when I am onside, should I come back and brag even if I stated it was an investment and the current trade position doesn't mean a thing in the context of my strategy?

 

Don’t talk about it Lenny, do it.

That’s the point; you shoot other people down with no clue of what you are talking about.
How about you show some courage and enter the comp, that might be a start.
You have even got all this month to ask around if you can’t come up with one yourself.
 
Re: Rate my portfolio.


Not a bad move. I like IBM (NYSE) at $102.22
 
roofa said:
Don’t talk about it Lenny, do it.

That’s the point; you shoot other people down with no clue of what you are talking about.

You have even got all this month to ask around if you can’t come up with one yourself.
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I do it every day champ.

Since your bank purchase, I have probably made 6000 trades, and no, not the ASF tipping comp.

Last wk I pocketed your figure alone off both futures and stocks, but you don't see me bragging about it big fish.
 
MRC & Co said:
Mate, your holding bank stocks for years as an investment.

This is the topic, remember?
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Here you go again,

Talking as if you know, why don’t you just ask how long I’ve had them?
Research just isn't your thing is it Lenny?
 
roofa said:
Here you go again,

Talking as if you know, why don’t you just ask how long I’ve had them?
Research just isn't your thing is it Lenny?
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You are buying banks for yield, yes a dangerous strategy in a bear market and a global financial crisis. Citi was a HUGE bank, as was HBOS and all the others who were not immune.

I can see that much and hence, clearly see there is nothing to learn from you.

Sorry.
 
MRC & Co said:
I do it every day champ.

Since your bank purchase, I have probably made 6000 trades, and no, not the ASF tipping comp.

Last wk I pocketed your figure alone off both futures and stocks, but you don't see me bragging about it big fish.
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You just did. LOL.

FOS Lenny.

I reckon you have about enough for a junior burger meal deal, if your lucky.



BTW. When did I purchase? Again you are just making figures up.
 
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