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Oct 14, 2009 11:37 am

This is my first post.  I have read this from timt to time over the years and find it hilarious. Most on here claim they have 30 mil AUM. Yeah right!!!!! The way you guys talk it would be shocking if you had 5. I don't care what you think about the market because you live in fantasy land. When this is over, none of you will care to post anymore!

 

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=.spx&sid=0&osymb=.spx&freq=2&time=20
This chart is to scale. ( If you know what that means ) Find a time like this??? I dare you to spew wholesaler crap at me! And don't talk to me about a rally. we are 25-30% below the highs, which means all of you are as well. I know this because there is no way any of you manage money. You use mutual funds, managers etc. and they are all DOWN!!!
Oct 14, 2009 12:00 pm

Welcome to the board!

Oct 14, 2009 1:49 pm

Tommy DeVito: No more shines Billy
Billy Batts: What?
Tommy DeVito: I said, no more shines Billy Maybe you didn't hear about it, you've been away a long time, I didn't go up, didn't tell ya.

Oct 14, 2009 5:15 pm

if the market was back at 14000 i'd have 30 mill.

Oct 14, 2009 6:23 pm

Why is 30AUM hard to believe? That's not a large book of business. I'm

at 40AUM and I certainly don't want to stay there. I won't feel content

until I reach 100AUM.

Oct 14, 2009 6:47 pm

30 mil is minimal. I don't believe most on here have even 10. Not the purpose of this post anyway. Just trying to reign in the dilisional. Registered rep is work avoidance, so the claims of big producers is a joke. Anyways... if anyone cares to comment on the chart I would love to hear it.

Oct 14, 2009 7:10 pm
howboutshoeshine:

30 mil is minimal. I don't believe most on here have even 10. Not the purpose of this post anyway. Just trying to reign in the dilisional. Registered rep is work avoidance, so the claims of big producers is a joke. Anyways... if anyone cares to comment on the chart I would love to hear it.





 
Draw a log chart (linear charts are useless over long periods of time) and adjust for inflation, and the result is much, much different.
 
Basically, 1997 - 2008 get wiped from memory, and the trend line reverts back to the mean
Oct 14, 2009 7:24 pm
howboutshoeshine:

This is my first post. I have read this from timt to time over the years and find it hilarious. Most on here claim they have 30 mil AUM. Yeah right!!!!! The way you guys talk it would be shocking if you had 5. I don't care what you think about the market because you live in fantasy land. When this is over, none of you will care to post anymore!





http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=.spx&sid=0&osymb=.spx&freq=2&time=20

This chart is to scale. ( If you know what that means ) Find a time like this??? I dare you to spew wholesaler crap at me! And don't talk to me about a rally. we are 25-30% below the highs, which means all of you are as well. I know this because there is no way any of you manage money. You use mutual funds, managers etc. and they are all DOWN!!!





dude   what the fukc are you talking about

Oct 14, 2009 7:40 pm

Do you even watch the market?  Can you see that it goes up no matter how bad the news is..sounds like a bull market to me.  Hope you dont tell your clients your crappy outlook or you will be giving shoe shines to help pay the bills

Oct 14, 2009 8:54 pm

I will not quote anyone that has replied but I will say this.....

 
Great depression- crash equalled 48% drop with a 52% bear market rally with an 80% fall to follow.
 
Great Depression 2- crash equalled 55% drop wi th a ___ bear market rally with a ____ fall to follow.
 
adjusted for inflation, revert to mean, long term growth when reinvesting dividends, buy and hold, diversify, or any other crap spewed equals........You're unemployed and will be shining shoes soon. Hence my screen name.  I don't mean to insult anyone, but you don't know your field (ie. the stock market, trading.) If you don't believe me I will begin a string of quotes frompeople you all admire.
 
" Diversification is for those who don't know what they are doing." Warren Buffett
 
Oh yes. Telling clients to be causious in bad times ( Don't own a lot of equities ) is smart and earns you more.
 
Just THINK about what I'm saying.
Oct 14, 2009 9:02 pm
fritz:

Just watching NBC nightly national news, shows clip of a lady excited watching the DOW cross 10,000 in 1999.  Yippee I am excited!! only took 10 years to be even.  Wonder if we will be as lucky in 2019 and still be at 10,000!!


Seems you're not as dumb as you are acting on this post. Stick to your guns Fritz. You are correct. Oh and just so this is straight. I am a piker, I hate working, I hardly do. I manage 15 mil gross 300. 2.5% management fee ( I actually earn it) and have forgotten more about the market taking a piss than most on here have ever known. So...go ahead, challenge me.
I go short, I go long, I buy currencies, stocks commodities, you name it. I can tell that most on here do much less contrary to what they say.
Oct 14, 2009 9:12 pm

You are a child mlgone, with nothing intelligent to say. So...begone! mlgone. Not that an infant would care, but I will not reply to you again.

Oct 14, 2009 9:36 pm

 "I will ride this move until it tops out then I will get out, move to cash and get back in at the bottom just like I did last time.."

Oct 14, 2009 9:41 pm
fritz:

 "I will ride this move until it tops out then I will get out, move to cash and get back in at the bottom just like I did last time.."

 
I did not know that was you Fritz! lol! "You are wrong again, If I just buy when you say sell I would be making a killing!"
Oct 15, 2009 7:52 am
howboutshoeshine:

I will not quote anyone that has replied but I will say this.....



Great depression- crash equalled 48% drop with a 52% bear market rally with an 80% fall to follow.



Great Depression 2- crash equalled 55% drop wi th a ___ bear market rally with a ____ fall to follow.



adjusted for inflation, revert to mean, long term growth when reinvesting dividends, buy and hold, diversify, or any other crap spewed equals........You're unemployed and will be shining shoes soon. Hence my screen name. I don't mean to insult anyone, but you don't know your field (ie. the stock market, trading.) If you don't believe me I will begin a string of quotes frompeople you all admire.



" Diversification is for those who don't know what they are doing." Warren Buffett



Oh yes. Telling clients to be causious in bad times ( Don't own a lot of equities ) is smart and earns you more.



Just THINK about what I'm saying.





Gay.

Oct 15, 2009 12:40 pm
howboutshoeshine:

I will not quote anyone that has replied but I will say this.....

 
Great depression- crash equalled 48% drop with a 52% bear market rally with an 80% fall to follow.
 
Great Depression 2- crash equalled 55% drop wi th a ___ bear market rally with a ____ fall to follow.
 
adjusted for inflation, revert to mean, long term growth when reinvesting dividends, buy and hold, diversify, or any other crap spewed equals........You're unemployed and will be shining shoes soon. Hence my screen name.  I don't mean to insult anyone, but you don't know your field (ie. the stock market, trading.) If you don't believe me I will begin a string of quotes frompeople you all admire.
 
" Diversification is for those who don't know what they are doing." Warren Buffett
 
Oh yes. Telling clients to be causious in bad times ( Don't own a lot of equities ) is smart and earns you more.
 
Just THINK about what I'm saying.
 
There are plenty of reasons to pre-suppose this current rally can have a sharp drop.  Thanks for stating none of them.
 
Any real big move traders admit that their big profit trading positions are based on luck.  The frequency of trading is where they make it, and then add to a winning position, while cutting losses on others.
 
To suggest you manage a portfolio in the same way is useless and irrelevant.
 
Edgar Genstein is your best friend.  Give him the time of day.
 
 
Oct 15, 2009 2:05 pm

Shoeshine is not only gay, but incompetent. IF, and that's a big if he is a broker or advisor, or God forbid a money manager, he doesn't have even basic understanding of how the markets work, how indices work, how valuations work or even rudimentary statistics.



Once again. Howboutshoeshine = Gay

Oct 15, 2009 3:33 pm
howboutshoeshine:

I will not quote anyone that has replied but I will say this.....

 
Great depression- crash equalled 48% drop with a 52% bear market rally with an 80% fall to follow.
 
Great Depression 2- crash equalled 55% drop wi th a ___ bear market rally with a ____ fall to follow.
 
adjusted for inflation, revert to mean, long term growth when reinvesting dividends, buy and hold, diversify, or any other crap spewed equals........You're unemployed and will be shining shoes soon. Hence my screen name.  I don't mean to insult anyone, but you don't know your field (ie. the stock market, trading.) If you don't believe me I will begin a string of quotes frompeople you all admire.
 
" Diversification is for those who don't know what they are doing." Warren Buffett
 
Oh yes. Telling clients to be causious in bad times ( Don't own a lot of equities ) is smart and earns you more.
 I go short, I go long, I buy currencies, stocks commodities, you name
it. I can tell that most on here do much less contrary to what they say.
Oct 15, 2009 3:34 pm

Maybe you should buy a dictionary too.

Oct 15, 2009 3:36 pm

Floorlord. It's because he's gay. A TON of homosexuals have lisps. Try and say "cautious" with a lisp. My guess, is you will end up spelling it like he did.



It's not his fault Floorlord.