Markets are taking a HIT !

[Shep]

World Stockmarkets have had quite a smash recently, we saw this coming and moved into a SHORT position a few weeks back, which has made it a very profitable time.

You can make just as much money when the market falls as when it rises, it is called being SHORT the market. Add in some leverage and if you get it right you buy a Porsche, get it wrong and you walk to work.

We have quite a few million under management now, we were no2 in the world for 2005 out of 9600 Hedge Funds and 52nd place for 2006.

It is still nerve wracking to pull the trigger with a big trade. Terrifying when it goes wrong, very satisfying when it goes right. The skill is never to let a position run away from you let your profits run and cut your losses very quickly. Never listen to any media it is all paid for vested interest propaganda, look to do the opposite of the crowd when they are brave be afraid and when they are afraid be brave. The crowd have been very Brave these last 6 months, which is why we went SHORT in the last few weeks, becuase we were getting afraid. Now they are getting afraid, we will be looking to get Brave again BUT NOT JUST YET. Dont day trade that is a mugs game, dont touch FOREX an even bigger Mugs game, and if you want an easy tip BUY ALL THE SILVER YOU CAN GET YOUR HANDS ON

Trade for the longterm, we only use daily and far more importantly weekly price charts. and read the book by Lefevre "Reminiscences of a stock operator" it is the bible the only book worth reading about the legendary speculator Jesse Livermore. Full of timeless wisdom

[squirrelciv]

Well aren't we the cleverest Well I can top that! Just cashed in my coppers pot and banked 16 quid!! Hard cash my boy, hard cash! you can buy all the short hedges down the market you like, I'll take the real dosh

[alpslapper]

The pair of yeuse are lightweights. I've just sorted out the girls ladybirds savings boxes for lodging in their accounts tomorrow. £28.17. Oh yes. Read it and weap. And thats hard cash. And also the reason Ive stopped keeping lose change in me pockets

[Shep]

Why was this post moved over here.

I was bored and i started a post talking about the markets, i backed it up with our results, they are my credentials and show that i know what i am talking about, but i am not selling anything !!!! the minimum investment that we take is $1 million.

I thought "chatter" was to talk about anything

[Lumiya]

Yeah but when you're telling people what the best deal is then surely the place to talk about how to deal and the way to deal is within DEALS.

Chatters for everything not covered by the other catogaries

Kymmy

[DaveS]

It feels like a Chatter topic to me though. This is a low traffic deals and discount section with the focus on motorcycling stuff really.
An over zealous moderator....

[alpslapper]

Bit o' Power and its straight to some peoples head eh?

erm, no wait - mods - Im sorry Im sorry - I never tire of telling everyone how great yeuse all are

[alpslapper]

....the minimum investment that we take is $1 million.

Oh. Right so. I was gonna ask you about the 28 quid in me daughters ladybird accounts but I'll wait for a bit. Call you in a few weeks maybe

[Lumiya]

It feels like a Chatter topic to me though. This is a low traffic deals and discount section with the focus on motorcycling stuff really.
An over zealous moderator....

I am not effected by the power...I will never be effected by the power...


Errrrrr,,, I have the power????
Oh...OK.....



I have only one thing to say.......



Give me a ZX81 and I'll rule the world!!!!!!!


Kymmy

PS...the topic was suggesting a way of doing deals, even Jenna thought it would be a good idea if it was to in the deals section and I'm not allowed to argue with her
PPS....it's not stopped people looking at it!
PPPS...Shep if ya want it moved back all you had to do was ask
PPPPS...Am I addicted to PS's???
PPPPPS......I bet no one can guess which old game the quote "Give me a ZX81 and I'll rule the world" comes from
PPPPPPS.....Is this enough PS's????
PPPPPPPS....answers on a postcard to "10 downing street"

[Shep]

Alp

I have been working all afternoon on the system for your Daughters £28. You need to deposit in Japan,in Yen so we will have to hedge the currency exposure. Then use this deposit as collateral and borrow another £532 in Yen, your £28 represents 5% of the total amount so we are using 19 to 1 leverage which is aggressive, you can borrow at 0.75% in Japan. Put the £560 into 10 year American Goverment Bonds paying nearly 5% and pocket the difference. Lets see £560 at 5% = £28 less the 0.75% borrowing costs, which BINGO is a near 100% return per annum on her original capital. She will be the new George Soros

This is what the big boys do, they borrow in Japan and then invest in anything that gives a greater return worldwide, its called the carry trade.

Kymmy, no problems at all. I was only talking about the markets not trying to sell anything, Honest !!!