Originally posted by TheGreenBastard
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stock market crash
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Originally posted by Whorty View PostHe's jealous.
He's also confused how you can make a profit and you didn't even need to draw a graph. How very dare you!!Comment
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Gwd you guys are still taking in this fiction.
Took a close look at the daily, if this trade was +/- 4-days from the lowest point in Feb 09 to the highest as it was in Dec 10, he'd would have 28% rather than 42%. So a hearty congratulations for timing the market. I suck at that. But then he stated selling began in Sep at 18% gain, so how could the overall fund achieve 42%?
Defo smelling something with a high methine content.Last edited by scooterscot; 17 September 2020, 21:33."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by Old Greg View PostI just deposited money with bullionvault. Bought some gold. Sold it in a couple of batches. Worked out the profit. He seems triggered by that.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostGwd you guys are still taking in this fiction.
Took a close look at the daily, if this trade was +/- 4-days from the lowest point in Feb 09 to the highest as it was in Dec 10, he'd would have 28% rather than 42%. So a hearty congratulations for timing the market. I suck at that. But then he stated selling began in Sep at 18% gain, so how could the overall fund achieve 42%?
Defo smelling something with a high methine content.
There are lots of possible "paths to victory" (42%) for me within the maximum of 52% - costs.
And once again, you've screwed up - where is you 18% from?
09/02/09 - 599 Gold Prices - British Pounds (GBP) - February 2009
30/09/10 - 832 Gold Prices - British Pounds (GBP) - September 2010
Maximum possible gain - 39%. I know I ripped you a new arsehole but no need to keep pulling numbers out of it.
And as for timing the market - not particularly. I would have done better if I had bought earlier and sold later.
But a 42% profit on an asset in a little under 2 years represents a good investment.Comment
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Originally posted by Old Greg View PostBut a 42% profit on an asset in a little under 2 years represents a good investment.
It's foretold in the charts that gold is going to crash to $600, so all you need to do is buy a massive put and you'll be rolling in it.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by Old Greg View PostSo you've stopped posting charts to try to show that it's not possible and now are just trying to give reasons why you don't want to .. .blah blah
There are lots of possible "paths to victory" (42%) for me within the maximum of 52% - costs.
And once again, you've screwed up - where is you 18% from?
09/02/09 - 599 Gold Prices - British Pounds (GBP) - February 2009
30/09/10 - 832 Gold Prices - British Pounds (GBP) - September 2010t."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostWhy is it so important to you to prove your point of view?Comment
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Originally posted by DealorNoDeal View PostThere's an even better "investment" opportunity coming up.
It's foretold in the charts that gold is going to crash to $600, so all you need to do is buy a massive put and you'll be rolling in it.
buy a time machine
travel back to 2006
buy as much gold as you can at $600Comment
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Originally posted by DealorNoDeal View PostThere's an even better "investment" opportunity coming up. .
Absolutely - the stock market was the place to be during his dates. He would have made almost 90% during those same dates. Gold is an awful investment. Effectively he lost half his money by staying in the metal rather than stocks.
The February 09 date is amazing - he timed the market at the exact bottom. I've never known anyone to do that.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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