35854 replies to this topic

[grantmu]

You just made it WORSE! 

oops

[gannet]

To change the mood a bit. 

 

 

When the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Is this man truly a genius? Checked out and this is true...it DID happen! 

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
Could not be any simpler than that. (Please pass this on)
 
These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
South Africa !!!!!
2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.


 

 

You just made it WORSE! 

[grantmu]

To change the mood a bit. 

 

 

When the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Is this man truly a genius? Checked out and this is true...it DID happen! 

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
Could not be any simpler than that. (Please pass this on)
 
These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
South Africa !!!!!
2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.


 

[Argento]

And the top building continues...could very well go into futures close-out, bull very stubborn!

 

A

[Bits]

Interesting.. A visit from the HDB Necromancer and the forum degenerates into a catfight..

 

FWIW, thanks Argento for the regularly posted views - whether I agree or understand is my issue.

 

Oh, and thanks V for the brain twisters.. sometimes I think I understand, but then realise that of course I do not. 

[gannet]

It is holding up.

 

The pull back stopped at 50% of my expected move

 

That level seems to have become minor support

 

The 4th attempt should go through ... if there's a 4th soon

 

Now 3/4 of that range became support. 

[gannet]

Closed short at 46,990. This Bull is very stubborn

 

It is holding up.

 

The pull back stopped at 50% of my expected move

 

That level seems to have become minor support

 

The 4th attempt should go through ... if there's a 4th soon

[BlythZ]

Short 47,040 Futures, i think we will see a small pull back before going higher

Closed short at 46,990. This Bull is very stubborn

[gannet]

Potential here for a move down to around 46830?

[Motion Picture]

Spot on, and a squeeze is almost guaranteed, imo 

 

Previous highs on the cards. Maybe shorts then...maybe

[Beorn]

I think that many people have put in shorts over the last couple of days, expecting the drop..

 

There is a significant risk of a short squeeze IMO...

 

Shorts beware!

 

K

 

Spot on, and a squeeze is almost guaranteed, imo 

[BlythZ]

Short 47,040 Futures, i think we will see a small pull back before going higher

[K~~]

I have been on this forum for a few years and nothing new, criticism is part of the game and keeps you humble and makes you get back to the drawing board now and again, this ALSI market is not an easy market to trade!

 

But, it depends from whom it comes, if from a guy that contributes nothing to the forum, rides on other backs and lies then the market will sort him out for sure, if you don't like my posts deal with it!If I only get to help 1 guy in his approach to this market and strategy and keeps him from losing money like I did when I was a newbie then I have reached my goal!

 

Thanks for the support posts this morning, afterall we are here to make money and enjoy the ride!

 

Now for that bear party/red hanger sale to kick off today into Monday, keeping my shorts!

 

A

I think that many people have put in shorts over the last couple of days, expecting the drop..

 

There is a significant risk of a short squeeze IMO...

 

Shorts beware!

 

K

[Beorn]

I have been on this forum for a few years and nothing new, criticism is part of the game and keeps you humble and makes you get back to the drawing board now and again, this ALSI market is not an easy market to trade!

 

But, it depends from whom it comes, if from a guy that contributes nothing to the forum, rides on other backs and lies then the market will sort him out for sure, if you don't like my posts deal with it!If I only get to help 1 guy in his approach to this market and strategy and keeps him from losing money like I did when I was a newbie then I have reached my goal!

 

Thanks for the support posts this morning, afterall we are here to make money and enjoy the ride!

 

Now for that bear party/red hanger sale to kick off today into Monday, keeping my shorts!

 

A

 

Risky trade.

 

But good luck to you sir.

 

I'll watch from the peanut gallery. 

[Argento]

I have been on this forum for a few years and nothing new, criticism is part of the game and keeps you humble and makes you get back to the drawing board now and again, this ALSI market is not an easy market to trade!

 

But, it depends from whom it comes, if from a guy that contributes nothing to the forum, rides on other backs and lies then the market will sort him out for sure, if you don't like my posts deal with it!If I only get to help 1 guy in his approach to this market and strategy and keeps him from losing money like I did when I was a newbie then I have reached my goal!

 

Thanks for the support posts this morning, afterall we are here to make money and enjoy the ride!

 

Now for that bear party/red hanger sale to kick off today into Monday, keeping my shorts!

 

A

[bear catcher]

Red hanger sale ! No no next week eish no April seasonally bearish no May waves say that etc but June ... Etc

[HDB]

Lets make the juggernauts more envious..

 

todays OUV call  and boom boom time!!

 

 

47147 47178.8 ========= ================== 47144

47176.5

[Motion Picture]

I am out of shorts. Luckily it was a small one as stated when I put the trade in.

I think we will rally hard for the rest of the day. 

 

Agreed B...this bull's still vigorous!

[Vertebrae]

a gap, a gap, my klingon for a gap

all I ask for is a tall dip and a gap to steer therby

 

When you wish upon a car makes no difference what you are

[Beorn]

I am out of shorts. Luckily it was a small one as stated when I put the trade in.

I think we will rally hard for the rest of the day.