3SOF

3SOF is a business, and it does sell a product called a subscription service.  As a web business owner, I see no difference between a person physically walking into your store and talking about the competition, and a person spamming another site in your forum.  In fact, it is worse because in a forum there is a permanent record, its more like your competition coming into your store and putting up a poster for their service on your wall.  Would you allow THAT?  In a physical store, the person might come in, talk up their store in yours, but only one or two customers might hear about it and that is the end of it.

And check the reply to quote from that post, the clear implication was 3SOF was not going to hit target for the year, but if you go to this other website, that is where she got 134% money making skills from.  Clearly stating its better by inference.

OK, that being the case, then hypothetically speaking here, what if your business was bungee jumping, and while you make sure your customers use double thick bungee cords for safety, a guy walks in your store talking about how the place down the road is so much more exciting and such a rush (but fails to mention they use rubber bands instead of bungee cord and that while they work to give you a hell of a rush, there is a much greater risk is you will go SPLAT when using their service)?  I am exagerrating but the issue here was not just about talking up the competition, it was done in the context of something RISKY, so there is also the aspect of protecting and/or educating the members here.  Realcoolhead pointed that out fortunately, but not everyone realizes the serious risk in options trading.

So as not to keep entirely off topic, another bad manner for forum posting, I should mention its nice to see a bit of a reversal in the last 2 hours off the bottoms, would love to see another green close going into Thanksgiving, its been brutal recently!

Quote from: capricho on November 21, 2007, 12:45:39 PM
The last time I checked 3SOF is not a store and it does not sell products. It's a message board in which members share ideas and information. And I don't recall Leaira saying that the other website was 'better' than 3SOF.

Doesn't sell a product? I've got news for you bud, information is a product. And yes, it is a store. One without walls which is exactly why spamming is such a problem on the internet. People do things on the web they would never do in real life.

My name isn't 'bud' and I find the tone of your posts to be impolite. I hope you're not like that in real life.

My tone wasn't impolite. I'm sorry you got offended but I didn't say anything for you to get worked up over. Relax.

alright guys. slooooow down. it's david's site so i figured he'd do as he pleases. whatever you guys decide on what he should do is really irrelevant. for me, i checked out the other person's site...it's cool...but it doesn't entice me to pay for anything there. i'm satisfied with 3sof. if we get some more 'spammy' type messages playing around here...i'm sure the moderators will do something. for right now...i personally would just let it be. if it's a great site, i'm sure david would endorse it as a supplement. for right now though...i don't think it matters. it's really up to him...

so...another 200pt drop! hmmm...i feel this should be the bottom. I felt that this is the support from August and lines up with the support/resistance since beginning of the year. If i'm right, this could be the start of the year-end rally we've all been waiting for...

We may get a rally only when most ppl don't think so and that's when they are either short or sitting on tons of cash.

Thanks 3SoF and all members. Enjoy and forget about mkt for a while. To do my part I will buy Jakks handheld game today.

Quote from: kpunarc on November 21, 2007, 05:06:59 PM
so...another 200pt drop! hmmm...i feel this should be the bottom. I felt that this is the support from August and lines up with the support/resistance since beginning of the year. If i'm right, this could be the start of the year-end rally we've all been waiting for...

The market sure looks oversold at this point.  Im not watching any TV, but the dollar drop has to be accelerating the yen carry trade, etc., is this being talked about these days on TV?  Im curious what Cramer is saying on his show.  Goldman called for dow 14000 by year end often this year, are they still bullish?  I know about the mortgage issues and 100 dollar oil, high oil prices caused corrections before too.  The mortgage writedowns are supposed to reach $300 Billion, but even if that money all came straight out of the stock market it shouldnt warrant a 10% drop we have seen in the last 3 weeks. 

Its year 3 of a presidential election cycle, I think the market has been up almost every such year to date, so hopefully this is a bottom and at least we go sideways for awhile, that would be a sure welcome respite to daily 3% drawdowns. 

If I am looking for any positives in today's action its that it happened on low volume, which sets up some possibilities for more meaningful follow throughs and subsequent follow throughs that signal the end of corrections in the IBD model.

The market looked oversold last week too and I was expecting a strong rally that never materialized. Results from Black Friday will certainly weigh in early next week, good or bad, so the roller coaster ride isn't likely to end.


Some folks on here have asked David to avoid the .OB and China stocks and I agree. I didn't buy either CHME or UTVG and instead bought some GOOG and a Euro ETF last week to add to the mix.

Well if you follow Dow Theory we have officially entered a bear market after the close today below the August low close. Personally, I'm waiting to see what happens come monday. If we get a close below todays then I'll have to consider that we are indeed in a bear market. However, I don't buy it yet.

The way I see it we definitely get another cut before end of year. How much is the question. We have functional employment, GDP has been relatively strong and the global economy is still humming right along. Fed cuts will only pressure the dollar further so will people continue to buy bonds at these levels with a declining dollar? I doubt it and that is bullish for the markets. Just my opnion.

Happy thanksgiving to those celebrating.

Quote from: ygtrdr on November 21, 2007, 08:07:32 PM
Well if you follow Dow Theory we have officially entered a bear market after the close today below the August low close. Personally, I'm waiting to see what happens come monday. If we get a close below todays then I'll have to consider that we are indeed in a bear market. However, I don't buy it yet.

The way I see it we definitely get another cut before end of year. How much is the question. We have functional employment, GDP has been relatively strong and the global economy is still humming right along. Fed cuts will only pressure the dollar further so will people continue to buy bonds at these levels with a declining dollar? I doubt it and that is bullish for the markets. Just my opnion.

Happy thanksgiving to those celebrating.

Declining dollar should also be making the US market cheaper for the rest of the world to buy, which should be good for the market.

Can you elaborate a bit on how Dow theory works to call a bear market, hadnt heard of that before.

from Dow Theory

QuoteMarket comment
The Dow Industrials closed below the August closing low of 12,845.78, confirming an earlier breakdown in the Dow Transports and putting the Dow Theory in the bearish camp for the first time in more than four years. While we do not believe in timing the market in an all-or-nothing fashion, raising more cash seems prudent. Our recommended cash position is being increased to a range of 20% to 25%.
While it may be impractical to make small sells in all your holdings, you should do what is necessary to raise cash to 20% to 25% of your equity portfolio while maintaining a diversified and roughly equal-weighted portfolio.

Quote from: tokyopua on November 21, 2007, 10:08:34 PM

Quote from: ygtrdr on November 21, 2007, 08:07:32 PM
Well if you follow Dow Theory we have officially entered a bear market after the close today below the August low close. Personally, I'm waiting to see what happens come monday. If we get a close below todays then I'll have to consider that we are indeed in a bear market. However, I don't buy it yet.

The way I see it we definitely get another cut before end of year. How much is the question. We have functional employment, GDP has been relatively strong and the global economy is still humming right along. Fed cuts will only pressure the dollar further so will people continue to buy bonds at these levels with a declining dollar? I doubt it and that is bullish for the markets. Just my opnion.

Happy thanksgiving to those celebrating.

Declining dollar should also be making the US market cheaper for the rest of the world to buy, which should be good for the market.

Can you elaborate a bit on how Dow theory works to call a bear market, hadnt heard of that before.

Hi Tokyopua. Dow Theory in a nutshell says that if the transports and the industrials make new highs and do not penetrate previous important lows then we are in an uptrend. Conversely if both the transports and industrials penetrate previous important lows then we are in a bear market. The transports broke the previous lows earlier in the week and the industrials violated the support levels today.

However I reamain skeptical for a couple reasons. This is a holiday week so I want to see how the markets act next week when we have a full trading week. The S&P has not followed the Dow yet so we have a divergence of the two indexes and the Q's still haven't confirmed a bear either. I also am bullish on the Fed. Helicopter Ben won't allow deflation.

Thanks gents, applauds to each of you for educating me.  And lets hope that the S&P and Nasdaq are the more imporant indices in this case.  Will also be interesting to see what David thinks... perhaps we can also get some good ole technical analysis from Rams too!

I think the S&P's are a much better indicator of the overall health of the markets than the Dow. They haven't even tested the August lows yet. A lot of people are getting bearish on this Dow Theory mumbo jumbo. This is a good thing for the bulls.

Quote from: ygtrdr on November 22, 2007, 12:06:50 AM
I think the S&P's are a much better indicator of the overall health of the markets than the Dow. They haven't even tested the August lows yet. A lot of people are getting bearish on this Dow Theory mumbo jumbo. This is a good thing for the bulls.

Warren Buffet also made big bets on the railroads starting last year, so while the transports may be down a bit now, they can always come back if the Oracle is right as usual.  He was right on the dollar as it turns out and we are seeing now lol, just not in the timeframe people had been expecting him to be right about it....