Comments on: Its Good Land . . .

By: Steve Barry

Steve Barry — Thu, 13 Nov 2008 03:05:39 +0000

Mitch and wunsacon:

QID has been fine for me…over 100% return since 5/07.

I will accept no kudos, except if my master prediction, made here on 1/2/08, comes true…that this would be the worst calendar year in S&P history. Current record is -43% in 1931…we are at -41.96 right now. If that happens, I expect Barry to devote a thread to my call.

BTW I meant to say S&P better hold 842, not 942.

By: Myr

Myr — Thu, 13 Nov 2008 01:55:08 +0000

quagmire! that’s an awesome link to an old post. #20 is the clincher.

By: wunsacon

wunsacon — Thu, 13 Nov 2008 01:51:46 +0000

Sorry to repeat myself but….

ALL HAIL STEVE BARRY.

(Remember, thou art mortal!)

By: mitchn

mitchn — Thu, 13 Nov 2008 01:07:16 +0000

Steve B., how you doin’ with that QID position?

By: VennData

VennData — Thu, 13 Nov 2008 01:06:19 +0000

Larry Kudlow said he said we were in a recession “a year ago.” He’s been bullish since before the pilgrams got here.

By: Steve Barry

Steve Barry — Thu, 13 Nov 2008 00:17:22 +0000

Yesterday I warned that being long was holding lit dynamite and that 942 better hold on S&P500. Hope you listened.

Now it gets really fugly. On the Intel gapdown tomorrow, 942 will be history. New short interest data shows even further loss of short interest in QQQQ (now almost .35 days to cover) and all the major QQQQ stocks. There are very few shorts to cover to break the fall.

By: albnyc

albnyc — Wed, 12 Nov 2008 23:55:11 +0000

I hear the Natives were long corn. Bummer.

By: jmborchers

jmborchers — Wed, 12 Nov 2008 23:51:05 +0000

The dutch are still paying for their tulips.

By: Pool Shark

Pool Shark — Wed, 12 Nov 2008 23:31:46 +0000

The Dutch should get their beads back…

By: quagmire

quagmire — Wed, 12 Nov 2008 23:30:48 +0000

nice foretelling post form Nov 2006:

http://bigpicture.typepad.com/comments/2006/11/19271933_chart_.html