Some just don't keep up and even fell drastically in terms of quality after a brief respite in Mid-May forward.
I am considering to add a couple of other sites to replace it by next week or so.
The right enemy
12 years ago
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dude, what are you talking about?
blah...blah...blah...blah...blah...
would you care to elaborate? IS TF and other sites not keeping upto ur expectations?
totally clueless here.
No it doesn't keep up to my expectation since a while back, but finally garnered the "stop loss" as of this week. The discussion leads to very little new information relative to your standard news channel. Very tired, losing specificity, and broad brushed across the place.
I have seen lot of folks(including me) that are very addicted to "news porn" ... sites like TF where people post gazillion msgs every day...look at pika-steph for example @TF
Its total waste of time; i would like to spend time in developing trading systems, but my addictive mind keeps thinking i am missing something @ TF.
you are missing mtg spy at the suckerforum
It has evolved into a political activist forum because the trading accounts were blown out in march.
Right or wrong, the exile of Nothing marked a paradigm shift in the content. Looking for a unified market theorem is useless as you are chasing better capitalized/equipped competitors like the Fed, NBER, CBO, and multinationals like GE.
Furthermore, all of those "competitors" have proven to make statistical bets just like every other speculator...we've seen how that's gone for them.
Blend fundamental/technical/sentiment in that order with some kind of risk management system and you are heading in the right direction
I am gonna search some place that has very decent all around fundamental, advance news, and technical trading to replace TF as a reference. I just don't want to recommend that place anymore because the over analysis of simple news and off topics discussion on politics/abortions/illegals/ronpaul etc which ends up most of the time with the host banning someone. Really very distracting and irritating. Ignoring half the forum helps, but ... Just read Mr. Mortgage for some of the more internal stuffs in mortgages.
The bar is very abnormal. :D
In which a few individuals claiming a) they are VERY rich, but b) they don't know how to cheat taxes, and c) as a result they feel like using the N-word to describe everybody else and says they are the only ones awake but not you or I. Very annoying.
I read it for the paralegal-steph's investment wisdom and inside information and the 3rd world slide of Michigan.
LOL
On the subject of of being rich, if you don't have at least one s-corp/llc to your name the numbers don't look so good for accumulating money. The government just sucks up too much of the money otherwise.
The greatest benefit of a hedge fund vs. mutual fund for a money manager is carried interest...and performance fees. You can't get rich spending and paying taxes!
Spoke with a buddy of mine in the PE business. He specializes in plastic manufacturing companies and said top line is down in some cases 10% yoy and margin compression is ugly. They are getting it from all sides:
Transportation
Input Materials
Lower Volume
Looking at the oil tape this morning I am not the least bit shocked by crude trading near all time highs again. I suspect the PTB will address inflation similar to credit demolition...after the cat is out of the bag.
Well, it is out of the bag so I guess that is correct. The question now is how bad does it get.
Hi Spy. Will you email again. I can't find your email for the life of me. I thought I had it. I will respond with mine and my tele number.
Yes, I agree that suckerforum has deteriorated significantly. These days I rarely find anything of value there.
The thing with fundamental trading is that it is based on understanding a complex situation. First a small group of people figure it out. Then a larger set understands it. Finally the media picks up the story and publishes article after article on how CDOs are written, or how mortgage brokers cheat. By then, you lose all edge and must move on to next complex problem.
However, there is no guarantee that the same group of people will solve all puzzles. Suckerforum was ahead in understanding the credit crisis and made/lost enormous sums of money, but now they have not found their next edge. That's how I see the current condition.
I try to keep in touch with those who have shown ability to be on the right side on many problems over time. Most of them are not very visible, but they exist.
Mr mortgage:
sure, I'll do it when I get home at 6.30 pm ET. Have a good one. :)
Any reason why OSTK is shooting the moon today? It is up 20%
check out the implied vol. Shooting up to the moon as well. No reason given for up $4.+ bucks. This is why we "invest" in OSTK , Penn. It's "exciting".
I have a small postion which I am going to increase a little bit tomorrow. Too much excitement kills
current market meme:
until a real bank/ibank is "allowed" to go tango universal...that story will be on the shelf. The same goes for housing stocks, when does a real HB finally throw in the towel?
Biggest issue right now is how high will oil go before dying. I didn't get to watch the market today, but the $1 down open to up $4 to down $5 (from high) by the close is one heck of a trading range. This market wreaks of summer games...
see the slosh
uncle ben has our backs. Record level today
thanks Benny
Prince Chalres
Chalres here.....
hmmm, the real chalres has not spoken here. Imposter!
Chalres has now spoken!
Watch that if a fight and probably a lockdown happens at TF today you go short big.
Best posts at TF are in the technical section.
A few good ones in the contrib section.
For shits and giggles, read the bar, or go over to fark.com and look for foobies.
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