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i meant the ceo of bsc stating everything was fine was different than the sec chairman saying everything was fine with bsc a day before they blew up.

i heard that any "recurring payments" are automatically transfered to the new credit card number.

the ceo stating everything was a lie don't get me wrong but for Chris Cox to come out and say everything was fine with a bank he is supposed to be regulating! something inheritly wrong with that.

In the past week, the FED added ANOTHER $200 billion to the system... letting flagging financial companies literally trade crap for treasuries. In the past week, rumors abounded about Bear Stearns, meanwhile its stock continued to crater. In the past week, the chairman of the SEC, Chris...

no one saw this coming !!! when news hit the wire that jp morgan and the NY fed would help BSC with liquidity,that was a sign something bad was happening. i did not chase anything to the long side on the bs inflation numbers although i may have if the BSC story did'nt surface.

if there is liquidity crisis news on bear today,the market will fall apart at the seams. remember 2000-2002,we had the biggest one day moves in the naz during the bear market.

this CPI number proves one thing and one thing only: demand for goods is falling off a cliff. no way you have record commodity prices and all of the sudden the cpi drops. don't buy into this "one hit wonder" report.

agree,bsc has a liquidity crisis. i cannot believe the reversal i just saw in BSC.

a report issued today by a london newspaper stated that the feds move the other day was due to a potential U.S bank blow up.which they now believe was bear stearns. also,jp morgan announced today that they will work with the fed reserve to provide liquidity to bear stearns. Bear seems to be in...

gold just hitt 1,000 dollars and the futures took more of a dive.

its quite simple;the fed is placating to the financial markets and ignoring the much larger/important picture.this will not end pretty.

just ranting but an interesting tidbit for some of the newer traders. the nasdaq's strongest days were during the 2000-2002 bear market. these rallies make people feel good and suck them in as wall street decares a bottom;it rarely is. be careful and do not hold long positions thinking the...

saying its a slippery slope is an understatement. what he is doing is wrong; placating to the financial markets. as a trader i am neutral on what he does but for conversation i will state my true feelings. this guy is setting the market up for a very hard landing,you just cannot keep printing...

everytime the market made a new low ,bernanke has come in and saved the day. this was followed by very strong rallies which eventually evaporated after a few weeks that resulted in new lows. we definitely have more upside,markets usually do after a strong rally such as today so i will play it as...

i agree,shorts are buried today.although,those that shorted the strength near the open with the financials did very well. i doubt they held past 1:00.

losing is basically a way of keeping traders in line and letting them know who is in charge. always respect the market and never take it for granted.

so many investors think we will get a one day wash out and boom;the markets will revert to bull mode. that would be true if the market forecasted an economic recovery in 6 months but i do'nt believe it will. i think this bear will be around for a while. no way we have an imminent "V shaped...

the problem now is that people are trying like hell to make minimum payments in order to keep their cards going; not to buy things but to actually pay for necessities. people are using their cards to pay for utility bills and car payments. this is a huge problem and because everyone is maxed out...

not overhyped when we lost 65k jobs. these numbers move markets on extreme numbers. this was an extreme number.

we lost 65k jobs but yet the unemployment rate dropped or came in lower? how is that?