Analysis of what Nuffan?

Which was the point I was making earlier the difference between trading and investing.
A long term value investor isn't fazed by market conditions, this was the point I was making earlier.

I dont follow analysts, rating agencies or anything like that, I pick a company and read the financials among other things.

How many people on here spends time reading financial statements or better yet understands financial statements?

This is why Buffet is very successful, he learned this from his mentor Graham, always invests into companies you understand.

Ive followed that advice, I dont invest or ever invested into tech companies or oil because that isn't my forte, I never invested into lets say GE because Jeff Imelt is an idiot.

I have shorted Washington Mutual, Bank of America and a few, they were never going to be long term investments because of their business model, although Im looking at one wall street firm because its balance sheet is appealing, long term for me is a minimum of 7 years.

If I went by what every analyst ever said I would never have shorted WaMu, B of A etc, they were saying at the time buy buy buy because it was falling and looks cheap.

WTF...I just turned the game on and the DOW is down 200? I checked the ticker this morning and it was up 200+. I may not k,now jack about sh*t but I have common sense and this thing is going to continue down, a lot. I noticed yesterday not one "analyst," mentioned the words, "crash," or "recession." All you hear about are basis points, fundamentals, emerging markets, growth scare not a credit scare, deflationary, relative strength, strange uncharted territory, problematic selling, unwinds & positioning..ect. and the one I like the best "conflicting signals." ya they said that "we have conflicting signals," you think. More like double speak. This isn't about Apples CEO being gay or what bets lobo or inventis are "laying off,"(shorting.) This is about 2 quadrillion of derivative exposure, worldwide.

Lobo,

that is all nice and wonderful but you are looking at it from a traders point of view, this is why you people believes investing in the stock market is like playing the casino.

We dont buy and sell stocks because some analyst writes a report and recommends to buy, sell or hold?

Bought some stuff?

You make it sound like you picked up a bag of weed or something! LOL

Im not missing anything Lobo, as in for eat the lunch of buy and hold investors well Im sure if you had proof of that you would have posted it.

I short stocks because I see something in the business model that triggers an opportunity , I dont rely on analysts who are usually bought and paid for and full of shit.

Ive participated in LBO's when it was fashionable back then now they are called Private equity and including leverage bets on CDS.

This is why I dont have an RRSP, or Mutual funds , ETF's or Bear funds etc those are suckers bets.

And FYI - it was $20 on Red.

That sounds like a 401k. You receive a paycheck, then you can open up your own trading account, I've tried a bunch of them and prefer Interactive Brokers, for many reasons, but they are the cheapest that I've found and the best for what I do.

interactivebrokers.com is a good place to start, but I think you need at least $10k to open an account, or they used to.

I started with a tdameritrade.com, but with any volume of trading you will find the fees add up really fast and eat away at your profit.

I've spent $2000 in trading fees this year already.

And for this reason ^^^, making a penny per stock per trade is more or less useless...unless you are moving big volumes!

But I knew this several pages back...

It's where it's at today thanks to QE... AKA the tax payers.

The Dow will be at 19,000 by year's end. Until then, minor down ticks in a general up trend mean nothing...except that some folks are too stupid, and cowardly, to be in the market to begin with.

I call it currency creep, Lobo.

Like when the USD was worth over 1.5 times that of the Canadian dollar. At the time I was still under 21 going over the bridge to party in Canada where the drinking age was only 19. The exchange rate was awesome, but slowly it crept up to where now days it's almost an even exchange.

I see the same thing happening with the market if we allow China to keep manipulating their currency -- key word here that people leave out "manipulating". Now they thought up the term De-Value because it sounds less deceptive.