GMX is taking a CAPS break
In response to the assinine comments I received to my post earlier today, I must say that I will no longer be regularly blogging here at CAPS. I'll blog here when I feel like it, however, the ratio of idiots to useful information in my comments section has gotten to be too much. It's no wonder that most of the top 10 of CAPS doesn't actually do anything on the site. You get to the top just so that people launch flaming arrows at you. No thank you. I'll keep the profiles running as I will reclaim the Top Fool spot when the market sinks later this fall. However, you'll see a lot less of me here. If I do decide to stick around as a blogging entity, it'll largely be through my secondary profiles as the GMX brand has a bunch of termites eating at its core and only a strong bear market disinfectant can kill the infestation. If you need one clear example of the reason why I, and others like me are leaving, check out this comment from my earlier blog:
"First, the S&P has dropped an incredible 3% since it's intraday high of 954 on June 11th. 3% dude. In the grand scheme of things that is barely a blip, not really a plunge. Not to mention you were calling for a plunge way before it hit 954. I am pretty sure it is still above the point that you started calling for a plunge [. . .] I will give you credit for this, however. You do have some pretty loyal followers who definitely are drinking the GMX kool-aid.
I never said this was the plunge I was looking for. How you could read so much into four lines of text is baffling. I in fact made no market commentary other than questioning Mr. Cramer's judgment in calling a new bull market within spitting distance of a top
To clarify, I am on a working vacation with limited internet access. However, even when I have full-time internet access, don't expect to see me around consistently... I urge all of you who do have IQs larger than your shoe sizes to message me privately--I'm happy to chat (IM or phone) with people who still have firing neurons. Give me a holler--I'm always willing to talk stocks with sentinent beings.
Tony, I'm still going to throw you a post about our bet at some point, but it's quite low on my list of priorities (most of which are non market/non CAPS related.)