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Here's some good news

Posted: Thu Jan 12, 2017 10:03 pm
by Intrepid
The guru of the left and traitor Jew (who aided the Nazis in confiscating property from other Jews during WWII) lost over ONE BILLION DOLLARS by shorting the market in anticipation of a Trump defeat. Karma is very, very patient.

Trump won, the market took off, Soros lost his ass.
The smell of victory is never too sweet.

Re: Here's some good news

Posted: Fri Jan 13, 2017 9:07 am
by johnforbes
Here's what I couldn't understand about 2016.

People were saying Trump had no chance, but he was breaking rock singer records at venues across the country.

And the people on CNBC were solemnly swearing that only corrupt Hillary would be good for the stock market because it doesn't like uncertainly.

I thought both things were baloney.

The night of November 8, Nobel-winner Krugman noted stock futures were down and stated his belief that the market would remain down.

Again, that seemed like total nonsense because a tax-cutting capitalist should be good for stocks.

So, in essence, the market rose about 10 percent since November 8th and an old country boy like me had a better guess than Krugman with his Ph.D. in economics and his Nobel.

Isn't the world a totally crazy place?

Re: Here's some good news

Posted: Sat Jan 14, 2017 3:12 pm
by sillydaddy
What I find really crazy is all the entertainers that are coming out saying they are not going
to perform at Trump's inauguration and they have not even been asked... :lol:

Now that's what you call hypocrites...
they don't want to contribute ....
But they all want to ride the Trump publicity train anyway.... :o :o :lol:

Re: Here's some good news

Posted: Mon Jan 16, 2017 8:07 am
by tvd
johnforbes wrote:Here's what I couldn't understand about 2016.

People were saying Trump had no chance, but he was breaking rock singer records at venues across the country.

And the people on CNBC were solemnly swearing that only corrupt Hillary would be good for the stock market because it doesn't like uncertainly.

I thought both things were baloney.

The night of November 8, Nobel-winner Krugman noted stock futures were down and stated his belief that the market would remain down.

Again, that seemed like total nonsense because a tax-cutting capitalist should be good for stocks.

So, in essence, the market rose about 10 percent since November 8th and an old country boy like me had a better guess than Krugman with his Ph.D. in economics and his Nobel.

Isn't the world a totally crazy place?
Just think if it had been a Final Jeopardy Answer.....You'a cleaned up.....

Re: Here's some good news

Posted: Tue Jan 17, 2017 8:44 am
by johnforbes
I cleaned up anyhow because I did the exact opposite of what Mark Cuban advised.

Cuban said he would put a giant hedge on all his stock holdings if he even dreamed Trump had a chance to win.

I thought Trump had a very good chance to win, and I positioned my portfolio for that possible outcome.

Generally speaking, my opinion is that I'm no great shakes picking stocks or attempting to time the stock market.

Most people who try that tend to fail, but you only have to be right a few times to do well.

In the autumn of 2008, as the stock market fell badly, I began to sense the possible opportunity if the market ever came back so I repositioned in a fairly dramatic way at the start of 2009.

My strength as an investor is not giving up -- not having a flash of insight. But 2008 seemed like a chance to win, and so did the second half of 2016.

There are infrastructure programs almost ready to go with about 40 billion in private funding lined up. With Trump in power, approvals might go rapidly.

I'm betting the next few years go better in terms of GDP. Of course, I could be totally wrong.