CrazyZeb Posted October 15, 2014 Share Posted October 15, 2014 Long overdue Link to comment Share on other sites More sharing options...
chipwhich Posted October 15, 2014 Share Posted October 15, 2014 Time to buy. Link to comment Share on other sites More sharing options...
zoony Posted October 15, 2014 Share Posted October 15, 2014 Looks like mcd5 and the conservatives were right all along. Get in your bunkers hope you have plenty of beans and ammo Link to comment Share on other sites More sharing options...
steve09ru Posted October 15, 2014 Share Posted October 15, 2014 what's Ladell Betts' stock at now? whatever happened to MCD5? Link to comment Share on other sites More sharing options...
Elessar78 Posted October 15, 2014 Share Posted October 15, 2014 Perspective is a good thing. Link to comment Share on other sites More sharing options...
Corcaigh Posted October 15, 2014 Share Posted October 15, 2014 Time to buy. I'm itching to do that ... but trying not to time anything. But a few months ago I cranked up the amount I buy weekly in a couple of stock index funds.. Link to comment Share on other sites More sharing options...
zoony Posted October 15, 2014 Share Posted October 15, 2014 Long overdue Long overdue If I recall you were all in on the mcd5 investing theory at the time, did you stick with it through the 4 year bull? Link to comment Share on other sites More sharing options...
Corcaigh Posted October 15, 2014 Share Posted October 15, 2014 Perspective is a good thing. Stock Market is soaring since 1:30pm. We're all gonna be rich! Link to comment Share on other sites More sharing options...
Elessar78 Posted October 15, 2014 Share Posted October 15, 2014 edit the photo quote, Corc! Link to comment Share on other sites More sharing options...
CrazyZeb Posted October 15, 2014 Share Posted October 15, 2014 If I recall you were all in on the mcd5 investing theory at the time, did you stick with it through the 4 year bull? I wasn't "all in" in regards to his market top call, but yes I was following his day trades which did quite well. I stopped day trading back in 2010 for personal reasons. Link to comment Share on other sites More sharing options...
Corcaigh Posted October 15, 2014 Share Posted October 15, 2014 If I recall you were all in on the mcd5 investing theory at the time, did you stick with it through the 4 year bull? Unfortunately I ignored McD5's sage advice and here I am four years later with a stock portfolio only $560k higher in value than when he made his recommendation. Link to comment Share on other sites More sharing options...
zoony Posted October 15, 2014 Share Posted October 15, 2014 I wasn't "all in" in regards to his market top call, but yes I was following his day trades which did quite well. I stopped day trading back in 2010 for personal reasons. Interesting... Maybe the guy was a millionaire Link to comment Share on other sites More sharing options...
zoony Posted October 15, 2014 Share Posted October 15, 2014 Unfortunately I ignored McD5's sage advice and here I am four years later with a stock portfolio only $560k higher in value than when he made his recommendation. Recently I went through some old f401k statements rearranging my filing cabinet. I was floored when I saw some of the statements form 2009 and how much it's grownIt has basically quadrupled. Granted I've also put a lot of money in but still pretty good Edit I've got $64 now. Used to just have $8 Link to comment Share on other sites More sharing options...
Corcaigh Posted October 15, 2014 Share Posted October 15, 2014 It has basically quadrupled. Edit I've got $64 now. Used to just have $8 Appalachian Backwoods mathematics. Link to comment Share on other sites More sharing options...
SkinInsite Posted October 15, 2014 Share Posted October 15, 2014 I blame Obama and Ebola and Spiders and the Shanahans Link to comment Share on other sites More sharing options...
zoony Posted October 15, 2014 Share Posted October 15, 2014 Appalachian Backwoods mathematics. You can laugh all you want but that's a lot of money around here Link to comment Share on other sites More sharing options...
Predicto Posted October 15, 2014 Share Posted October 15, 2014 Long overdue That's kind of the point. 4 years of massive stock increases overdue, in fact. That is the reason that we all laughed at McD5 so long and so well. No one doubted that the markets have their ups and downs. McD5 claimed that he KNEW what the market was going to do due to his nineteen years of technical analysis. That he could read market charts like a doctor reads xrays. That he could time the market like no one ever had before. The DOW was about to go bust, it could not break 10,700, it was going to drop to 7000 within a couple of months, and it was all Obama's fault. And he kept promising to come back and make everyone eat crow about it. And then he disappeared. Funniest thread in ES history, and it is not made any less funny by the fact that all boom markets must come back to earth someday. Link to comment Share on other sites More sharing options...
Corcaigh Posted October 31, 2014 Share Posted October 31, 2014 Long overdue Market is 10% up in the past couple of weeks. Would have been a really bad time to get scared and sell. Link to comment Share on other sites More sharing options...
Duckus Posted October 31, 2014 Share Posted October 31, 2014 Market is 10% up in the past couple of weeks. Would have been a really bad time to get scared and sell. Yup. It has been a great couple of weeks. Recovered all loses from early this month. Link to comment Share on other sites More sharing options...
Bonez3 Posted October 31, 2014 Share Posted October 31, 2014 Am I so off by suggesting this prolonged success is based primarily off energy prospects with fracking and subsequent crude production? Link to comment Share on other sites More sharing options...
Corcaigh Posted October 31, 2014 Share Posted October 31, 2014 Am I so off by suggesting this prolonged success is based primarily off energy prospects with cracking and subsequent crude production? Companies are growing their earnings across industries, not just in energy sectors. Growing their cash balances as they can invest and increase revenues without comparable increases in cost, thanks in no small part to very low borrowing costs. The great unknown is what happens when interest rates go up. The market will go down at some point, very possibly in a dramatic fashion. Link to comment Share on other sites More sharing options...
twa Posted October 31, 2014 Share Posted October 31, 2014 the next bubble to pop Japan and Europe are going to be fun, China is a bit scary....interesting times Link to comment Share on other sites More sharing options...
Predicto Posted October 31, 2014 Share Posted October 31, 2014 Am I so off by suggesting this prolonged success is based primarily off energy prospects with fracking and subsequent crude production? Nah. It's mostly the low cost of borrowing, combined with the ever more successful strategy of not giving any of the additional profits to employees. the next bubble to pop Japan and Europe are going to be fun, China is a bit scary....interesting times China real estate is very scary. Link to comment Share on other sites More sharing options...
techboy Posted October 31, 2014 Share Posted October 31, 2014 That's kind of the point. 4 years of massive stock increases overdue, in fact. That is the reason that we all laughed at McD5 so long and so well. No one doubted that the markets have their ups and downs. McD5 claimed that he KNEW what the market was going to do due to his nineteen years of technical analysis. That he could read market charts like a doctor reads xrays. That he could time the market like no one ever had before. The DOW was about to go bust, it could not break 10,700, it was going to drop to 7000 within a couple of months, and it was all Obama's fault. And he kept promising to come back and make everyone eat crow about it. And then he disappeared. Funniest thread in ES history, and it is not made any less funny by the fact that all boom markets must come back to earth someday. There's been something very similar going on for years now with trying to time the bond markets. People keep announcing that interest rates can't go any lower, they have to go up. Go short! Longer positions will be murdered! Anyone that's tried that over those years has lost out on a lot of gain. Nobody knows nuthin'.* *Keep costs low, buy, hold, and rebalance. Link to comment Share on other sites More sharing options...
CrazyZeb Posted October 31, 2014 Share Posted October 31, 2014 Market is 10% up in the past couple of weeks. Would have been a really bad time to get scared and sell. Doesn't negate the fact that a correction is long overdue. Looks like we'll put it off even longer. Link to comment Share on other sites More sharing options...
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