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  • Keynes was right...

    ...when he was quoted as saying; "The market can stay irrational longer than you can stay solvent."

    When is this damn dead-cat bounce going to end?!

    Not only am I testing Keynes theory, I'm starting to have the lack-of-patience that our friend and fellow iTulper Mega has with his pound sterling shorts. Before you know it, I'll resort to technical analysis!:eek:
    "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

  • #2
    Re: Keynes was right...

    It seems to me that the money handed to the banks is simply finding its way back to the stocks market. Perhaps I am not understanding so good. :confused:

    Comment


    • #3
      Re: Keynes was right...

      Originally posted by rjwjr View Post
      ...when he was quoted as saying; "The market can stay irrational longer than you can stay solvent."

      When is this damn dead-cat bounce going to end?!

      Not only am I testing Keynes theory, I'm starting to have the lack-of-patience that our friend and fellow iTulper Mega has with his pound sterling shorts. Before you know it, I'll resort to technical analysis!:eek:
      For what its worth, when I get frustrated and decide to go long or short – depending on which way I think it should be going and it isn’t – it is the time to go in the way I originally thought it should go. Sure you know what I mean jmho

      Comment


      • #4
        Re: Keynes was right...

        Originally posted by rjwjr View Post
        When is this damn dead-cat bounce going to end?!
        A watched put never boils? :p

        Comment


        • #5
          Re: Keynes was right...

          Originally posted by rjwjr View Post
          ...when he was quoted as saying; "The market can stay irrational longer than you can stay solvent."

          When is this damn dead-cat bounce going to end?!

          Not only am I testing Keynes theory, I'm starting to have the lack-of-patience that our friend and fellow iTulper Mega has with his pound sterling shorts. Before you know it, I'll resort to technical analysis!:eek:
          Faber reckons there's a correction coming. He's been awfully accurate over decades so I wouldn't bet against him.

          Comment


          • #6
            Re: Keynes was right...

            Originally posted by rabot10 View Post
            For what its worth, when I get frustrated and decide to go long or short – depending on which way I think it should be going and it isn’t – it is the time to go in the way I originally thought it should go. Sure you know what I mean jmho
            Since you are obviously trying to use reverse psychology on me, I'm going to do the opposite of what you told me I shouldn't do since you'd be expecting me to do the reverse of the inverse of your contrary expectation. Right?
            "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

            Comment


            • #7
              Re: Keynes was right...

              Originally posted by ASH View Post
              A watched put never boils? :p
              Too true. Is that one attributable to Mama Keynes?
              "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

              Comment


              • #8
                Re: Keynes was right...

                Its asset price reflation right? Why wouldn't the nominal value go up?

                Speaking of....

                where is Lukester?

                Comment


                • #9
                  Re: Keynes was right...

                  Originally posted by snakela View Post

                  Speaking of....

                  where is Lukester?
                  Funny, I was just thinking the same thing.

                  Comment


                  • #10
                    Re: Keynes was right...

                    Originally posted by hayekvindicated View Post
                    Faber reckons there's a correction coming. He's been awfully accurate over decades so I wouldn't bet against him.
                    I'm betting he's correct. I hope he is.

                    Comment


                    • #11
                      Re: Keynes was right...

                      Lukester was banned from the site. I know he had some fans, but many of us had a real problem with his incessant iTulip and iTuliper bashing. Terrific decision by management in my opinion.
                      "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

                      Comment


                      • #12
                        Re: Keynes was right...

                        Originally posted by rjwjr View Post
                        Lukester was banned from the site. I know he had some fans, but many of us had a real problem with his incessant iTulip and iTuliper bashing. Terrific decision by management in my opinion.
                        According to this post by metalman, Lukester was not banned, but was on some sort of 'grey list', whatever that is.
                        Most folks are good; a few aren't.

                        Comment


                        • #13
                          Re: Keynes was right...

                          Originally posted by rjwjr View Post
                          Since you are obviously trying to use reverse psychology on me, I'm going to do the opposite of what you told me I shouldn't do since you'd be expecting me to do the reverse of the inverse of your contrary expectation. Right?
                          Didn't think you would see through that so easy

                          Comment


                          • #14
                            Re: Keynes was right...

                            Originally posted by rabot10 View Post
                            Didn't think you would see through that so easy
                            I get that a lot. It's the NASCAR logo most likely. It could be my lack of teeth, but you haven't been exposed to that side of my redneckness.
                            "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

                            Comment


                            • #15
                              Re: Keynes was right...

                              Originally posted by rjwjr View Post
                              I get that a lot. It's the NASCAR logo most likely. It could be my lack of teeth, but you haven't been exposed to that side of my redneckness.
                              Based on your self description we may be related

                              Comment

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