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Utter nonsense?

Discussion in 'Financial Cents' started by Tango3, Nov 2, 2008.

  1. Tango3

    Tango3 Aimless wanderer


    Financial jabberwocky :I believe I'ma reasonably intelligent individual( first mistake?) I find myself more than abit bitter that I have given up trying to understand.the economy and financial game.

    But I realize I'm not the only one who has his head planted firmly in a dark smelly place reading advice as this: "

    To show you how absolutely insane today’s panic move was, I challenge anyone to explain the following statement from one of the media yappers . . .

    “We are going to get a mean reversion punctuated by a fear driven diversion. That will precipitate the weakest hands to revert to the mean, followed by a differentiation driven by extreme volatility.”

    And then he added the BUT

    “But we need to undercut the lows so we can buy the dips and sell the rips, but for now I am only more interested in selling the rips.”[gone]

    give me the dead sea scrolls anyday.:lol:
  2. ghrit

    ghrit Ambulatory anachronism Administrator Founding Member

    ?? Mayan glyphs would be easier to translate. Historico-economico-politico gibberish hiding the ignorance of an ignorant.

  3. annie

    annie Monkey+++

    I like the way this man thinks and writes, so refreshing to see that some one is attempting logic and advising in a positive way. The only thing I don't understand is that he recommends Treasuries (U.S.) I assume. I read his entire blog but didn't go to the main site, altho maybe later. His minimums and fees are not for me but the knowledge and some FREE info will probably be worthwhile, if only to pass along to others. I assume that you're aware that the part you quoted was his quote from "mainstream" news ?

    Great find, thank you.
  4. enough

    enough Monkey++

    ... buy high, sell low .... ;)
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