Archive through August 25, 2007
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Message |
     hilarius
Member
Username: hilarius
Post Number: 2731
Registered: 04-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 22, 2007 - 04:41 pm: | 
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HC
I've changed in response to worsening conditions
I didn't think the previous adjustments were anything out of the ordinary in a bull market
This one has been different in scale and possible outcomes ... witness the amount of material from the USA and Europe
More flexible in the short term, but probably not really changed if the bull returns
Just more doubtful about recovery this time ... I can always be pleasantly surprised
Did you study the Fear and Fundamentals Futures? Any comment?
By the way I can't see what could possibly be wrong with posting charts ... that is what this site is all about
Good Luck .. Take Care ... and Be Nice to MSparks
Life is too short for anything else
With Best Wishes
Hilarius
I come in peace to share my thoughts and to shine my candle light on possible long term opportunities
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holycow
Member
Username: holycow
Post Number: 3042
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 22, 2007 - 05:03 pm: |
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H,
I had been nice to MS. In fact he's one person I believe I have spent the most times "helping". I don't usually like to "knock" someone openly, but I have to say I am quite disappointed with how I was treated.
There won't be any chart on market direction from me. Not this time.
Cheers.
HC
"... he ain't no chart addict, but a TA junkie"
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msparks
Member
Username: msparks
Post Number: 1062
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 22, 2007 - 08:35 pm: |
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Well, i am shocked by your nasty approach HC.
I don't know what i did to make you dislike me so much, but then, i guess thats your problem isn't it,cheerio 
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ingot54
Member
Username: ingot54
Post Number: 1912
Registered: 05-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 22, 2007 - 10:33 pm: |
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Colin
If you look at Msparks comments to HC #1057 on August 13th you will understand why HC mistrusts commentary from that poster.
HC is a well-known "bear" though members with even weak memories like mine will recall his threads and incredible calls which could only have resulted in great profits for readers who understood his charting.
If members have to ask "where" you have not been paying attention.
Msparks - you would have to agree that your remarks pendualate between the flippant, the serious and the cynical - not unlike my own - but it could also be seen as baiting HC.
If you want to see his charts and true opinion, I suggest just ask politely - in the past he has always been forthcoming on this - but I understand his reluctance to throw corn to the chooks on this occasion.
Few would deny his sincerity, tinged with a touch of wit, and although HC can well defend himself, I feel some balance needs to be restored here.
It is obvious that the house-of-cards has suffered some tremors, as the margin-calls on highly leveraged Hedge Funds begin to bite.
The Carry Trade is unwinding as hedgies liquidate to meet margin calls.
Europe is now feeling the tentacles of the sub-prime liquidity crisis reaching into its hallowed financial institutions. (Note that the ECB delivered over USD$130 billion to bail out their banks short-term as compared to the USA USD$34 billion.
Bernanke made the wrong call in lowering the discount rate to forestall the crunch. Now the speculators think that the FED will pay for their errors - that they will be bailed out every time there is a credit and liquidity crisis.
My call would have been to let them fry. It is their leveraged hedging that brought about this mess - let them bleed!
Keep Smiling - Don't look back
Trading style: Chartist Artist _ Breakouts and Shakeouts.
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msparks
Member
Username: msparks
Post Number: 1063
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 22, 2007 - 11:21 pm: |
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Ivan
Sensitive new age guy i am not,and if that post was causing HC grief, (which i am sure it is not) he is far too sensitive to be exposed in public.
Anyhow,i do apologise for any upset i caused you HC,
unlike Dug who could give it and not take it without losing his cool,i am in complete control of my emotions while i am holding all this cash and i intend to cripple IG markets with some smart moves on leveraged products with the remaining 20% left in my IG account.
I tried Lafee's trick of letting it go because i knew it would bounce, but low and behold it didn't and i thought my account was going to expire so i closed out, to watch it head in my direction after falling another 20 points and rising 200 without me and me long.The pain of watching while the candles keep going red and you wondering why did i go long, will i sell and lose $200, will i sell and lose $400, well i will waite till it hits $500 and then i will sell, but then its -$650 in the blink of an eye, it must turn, it always turns, why isn't it turning, how much is left in the account, can i let it go much further, i will sell at -$800, it will turn befor then surely, o no, it went to 860 now, surely by 1000 dollars it will retrace , it always did before, .......... the index traders lament
You like those sad stories eh Ivan.
How is the forex going, what an uptrend and what a downtrend, did you clean up or what ???
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hilarius
Member
Username: hilarius
Post Number: 2745
Registered: 04-2004
Rating: N/A
Votes: 0
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| | Wednesday, August 22, 2007 - 11:25 pm: |
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Greetings Ingot
MSparks has been a great contributor to earnings research and produces some outstanding graphs at the Forum
I also feel that HC has a tendency to have a short fuse
All good work is to be respected ... but if we all were to take some tough remarks that occasionally happen personally we would end up with some all in brawls
I think both MSparks and HC are big enough not to let this happen despite some genuinely hurt feelings
Its been a tough time for everyone and I hope with the passage of time things won't look so bad
I do understand your points concerning the widening bear outlook that is possible depending on the extent of as yet unknown disasters
I also agree with your comments on Fed policy up to the point where the innocent bystanders (for this purposes everyone not involved in leveraging and hedging) are not being seriously damaged. An excessive flow on to mainstream fundamentals would not be good.
I agree with you that for the time being the best course is to be tough on the crooks and the incompetent, if only to encourage the honest and the diligent to continue on that path in the face of any temptations.
With Best Wishes
Hilarius
I come in peace to share my thoughts and to shine my candle light on possible long term opportunities
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holycow
Member
Username: holycow
Post Number: 3043
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Thursday, August 23, 2007 - 12:47 am: |
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This is why I walk away from this place after a while. Instead of focusing on stock and discussing matters that are important, we end up talking about personal stuffs. Just great!
Ingot,
Thank you.
MS,
I used to tell people I don't like by telling them this - I rank my stuffs. People who I like will get a higher ranking, people I don't like, low. In my list of stuffs, the last few ranks are: pencil, eraser, toilet seat, toilet paper, and MS, sorry, you rank last, after the toilet paper.
Hilarius,
Just minute ago I was so tempted to tell you exactly how I felt... then I changed my mind. In a way I still respect you and I don't want to say something that I will regret tomorrow. So I will just tell you this, while you judge others, others are judging you.
Ok, I am done. MS, you win! I admit your skin is thicker than mine!
HC
"... he ain't no chart addict, but a TA junkie"
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hilarius
Member
Username: hilarius
Post Number: 2748
Registered: 04-2004
Rating: N/A
Votes: 0
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| | Thursday, August 23, 2007 - 01:16 am: |
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HC
I certainly have no need of a ranking system like the one you just described
I judged you favourably this evening and you disappointed me
Forgiveness is the prime requirement for a happy life
I wish you happiness but did you go about it the best way this evening?
Do you feel good after provoking fights and then blaming the people you provoke?
I've seen you do it more than once without judging you
Ingot is your friend and so I have to believe there is a lot more good in you than you just displayed
I should have reported you for a breach of Forum rules, but I will refrain from that because you were upset
It seems you do a lot to upset yourself and that can't be good for you
Good Night
H
I come in peace to share my thoughts and to shine my candle light on possible long term opportunities
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msparks
Member
Username: msparks
Post Number: 1064
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Thursday, August 23, 2007 - 01:51 am: |
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HC
Thats fine by me, can't i be the person you love to hate.
Crikey , unzip it HC ,if thats what it will take to see a HC chart and market forecast,i don't want to be the one who stopped HC doin his stuff on IC, all those newbie's will miss out on all those great charts.
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holycow
Member
Username: holycow
Post Number: 3044
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Thursday, August 23, 2007 - 09:23 am: |
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Hilarius,
Do you know how sensitive you are to personal criticism and how short is your fuse? 29 mins. Discounting the time you take to write your response, I think it is shorter than that.
One of the reasons why I declined to be a moderator in this place is because I don't like to judge others, since I don't like to be judged by others. I can't do to others what I myself can't handle, this is a principle I have tried hard to adhere to.
Forgiveness is the prime requirement for a happy life - were you thinking of forgiveness when you wrote this line? Were/are you living up to your christian teaching that you so priced your value on? Where is your other cheek?
Is harassing others against the rules in this forum? If it is, had you thought of reporting yourself with your conduct in the Yahoo Traders Group? Do you see MS as harassing me?
Have you at all times adhering to the rules in this forum? Have you been fair, impartial, non-prejudiced, open minded all these while when you intervened and interfere in this thread and in other thread?
Am I the one who started the fire?
You think about all these and let me emphasise one more time, a negative feedback, esp at a personal basis is hard to handle, even for a senior person. You can look at all these negatively or positively and I suggest you try the latter because that way you will become a better person, and you won't get too upset and you probably will live happier.
Learn to forgive!
Cheers.
HC
"... he ain't no chart addict, but a TA junkie"
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hilarius
Member
Username: hilarius
Post Number: 2750
Registered: 04-2004
Rating: N/A
Votes: 0
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| | Thursday, August 23, 2007 - 09:39 am: |
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HC
I value constructive criticism
You are the one with the judgmental ranking system for others by your own admission .. yet you claim you don't like to judge ... the two statements are inconsistent
I don't know what conduct in the Yahoo traders group you are referring to
I try to be fair at all times
I value the principle of forgiveness and try to apply it
You used highly judgmental and objectionable language last night
Do you expect forgiveness when you don't even acknowledge how rude you were to Msparks?
I forgave you by not reporting you to give you time to reconsider your language
H
I come in peace to share my thoughts and to shine my candle light on possible long term opportunities
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holycow
Member
Username: holycow
Post Number: 3045
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Thursday, August 23, 2007 - 09:56 am: |
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H,
If I am extremely rude to MS, that's because of his conduct. I am only reacting to his antics.
That judgemental ranking system only applies to MS and is my way of expressing my dislike of him. If you think it exists in "real life", then, it serves to remind all of us that we have to be careful with what we write.
In the Yahoo Trader's Group, someone pointed to you that you have no right to demand any of them to show you any proofs of their method while you had never shown yours. But in between, I believe there were many times they told you in many ways you were not welcome... but may be I was wrong since words sometimes don't mean what they are supposed to mean.
Highly judgemental and high objectionable language - is my way of expressing my anger. What created that was your highly judgemental assessment of the situation and MS's highly agitating antics. There is a very high degree of bias coming from you. This, my perception.
Did you forgive me in your heart? For all that I have said? I am not a christian, so, forgiving someone is done in deed, not words! If words are not carried out with deeds will make us all into people we don't want to be.
Between language and deeds, I place more emphasis on the latter because it speaks volume.
HC
"... he ain't no chart addict, but a TA junkie"
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mum
Member
Username: mum
Post Number: 171
Registered: 08-2005
Rating: N/A
Votes: 0
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| | Thursday, August 23, 2007 - 02:22 pm: |
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Thankyou HC for your great posts and charts.
I think they are educational and thought provoking and not to be missed. Thankyou for your generous input to this forum.
Good call on BOL, I wonder if the admirers are loading up now
Seems to me buying on the way down is a way to make a small return each year. I spose if you have many million it is a way to invest
I have been reading a book by O'Neil and he suggests getting into the stock that take off first as they are the strongest and usually do best.
I shall watch and see , he was probably talking about the beginning of a bull market but will be interesting to see if this applies to a correction.
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