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  #26  
Old 07-28-2007, 07:31 AM
stinkypete stinkypete is offline
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Join Date: Jul 2004
Location: lost my luckbox
Posts: 5,723
Default Re: options (finance)

[ QUOTE ]

They might not be saying that, but that is the inescapable logical outcome of that statement. Maybe that escaped you.
There are so many reasons why calling the market for the last 5 years bear is ridiculous. As I have said, if the dollar increases in value, that retroactively changes it from bear to bull, also, if you call it bear you have no way of distinguishing the last 5 bull years from the true bear period that proceeded it.


[/ QUOTE ]

uhmmm, like i said, you're dumb. the dollar would have had to be climbing during the time period in question for it to have any bearing on whether to consider it a bull or bear market. what happens tomorrow is obviously irrelevant to whether last year was a bear or bull market. come on, it's really not that hard to understand.

if the market drops 50% tomorrow does that suddenly mean the last 3 years were a bear market in your eyes? you might not be saying that, but that is the inescapable logical outcome of that statement. Maybe that escaped you.

[ QUOTE ]

As for not caring about predictability etc, what you are saying (I dont think you think things through at all) in effect is you dont care if you can predict the market. What sort of trader are you?

[/ QUOTE ]

i'm a trader of poker chips and a passive value investor. never said i was a trader.
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