I would like to make a couple of points arising from this thread, which are not immediatly obvious:

dmichie said – “Perhaps I should pick up a Tony Robbins video, that should sort me out”

Just to ensure you keep true to us bears, I will be happy to furnish you with a nice little CD Tony Robbins put together with Robert Prechter…discussing the imminent collapse of the US economy.

Greg F said: – “The bottom line? Let all the doom and gloomers sit on their hands whilst more experienced operators keep making money.”

The monumental assumption that: a/ bears sit on their hands and b/ bears are not experienced, is not likely to be accurate. A true bear is in fact an eager and seasoned buyer in my experience. He will however be looking for value and sanity to be restored to the marketplace before buying with ears pinned back.

As a matter of fact most miss the point of the doom and gloomers… and that is to talk down an inflated market so that we can buy value.

So just adding my voice here…The economy is ****ed and you should all panick sell before the sky falls down HAhahaha

Robert said: – “I especially love it when the US stock market is in a downward trend. It is easy money!!!”

I also noticed the hypocricy…and whilst agreeing with the comment, I have to say that a bull market is much easier money for several reasons….most importantly, because the influense of 0 on the mathematics, and its effect on risk/reward ratios.

…just joining in the fun folks LOL

Cheers

wayneL’s Trading Pages

Very true Pelican,

How many of us, if offered inside info, would take it and use it to make money? I would have to say nearly 100%.

Apparantly there is a story in The Age (have not read as live in Perth) about an investor who gave a “professional” fund manager a million dollars, which he promptly turned into $100,000! It took him only 3 months to achieve this remarkable feat!

Which kinda puts RR’s $300 “insider” deal into perspective.

Hmmmmm

wayneL’s Trading Pages

Rob,

In agreeance with you here. RR was a scalliwag, anyone who’s been arround the markets a bit will know that. But the market is full of them. Renee was no better or worse than a lot of the scoundrals who manipulate markets…I see it every single day with my line of work.

But we too, were struck by the “disgraced” tag as something a bit unneccesary now he’s gone. It’s like they have to give him on last boot in the head while his family watches on…disgraceful in view of the fact that most scalliwags (RR included) have a good side to them as well.

Cheers

wayneL’s Trading Pages

Hot air?

I notice you seem to be continuously hoisted on your own petard.

In your petulant attack on what is a well thought out and written opinion, you have once again made a baseless presumption, that our friend Mr North does not actually participate in the game of life. Unless of course you are privy to his affairs and know something of his economic activity the rest of us don’t.

This article, had I the writing skills, is something that I could have written myself. And you could, and probably would, have presumed the same about me as I don’t disclose my details.

You would be wrong again!!!!

Well that counts out about 99.9999% of property in Oz!

(I know its not as bad as that, but please indulge my use of hyberbole. It actually only counts out about 99.9996% of property in Oz)

That’d get my vote

The funny thing is, is that eventually you will learn what they mean…the hard way.

Far better to learn them the easy way. I.E. BEFORE you blow up your account.

Cheers

Hmmm. In light of you very own comments about catholocism, I thought it was a perfectly reasonable metaphor. Chill!

Anyway, clicked on your site and spotted this little doosie in FAQ’s:

“Is it like Amway, Herbalife or Neways?

No it is not like Amway, Herbalife, Neways…”

It appears that your website (which the links to, were contained in your posts which have been deleted)is promoting a network marketing business.

So it would appear that it is like Amway et al.

Are you comfortable with this apparent contradiction?

Cheers

“…on the side of the rebel Jesus” – Jackson Browne

I suppose the theory is this:

Not many people actually have enough invested to be able to live off of the dividends…remembering that dividends are a tad more miserly in the US.

So lots of folks will need to cash in chunks of shares to fund the shortfall in living expenses.

The outlaws are in the process of doing this right now…and they ain’t poor by any stretch!

As the boomers retire a bit of selling momentum may build up, causing others to cash in on the back of negative sentiment.

That’s the scenario. Whether it happens like that….??????????

.