Search results

The dip did get bought but only to go up and test resistence and it failed to break through, why? In my opinion, simply not enough volume interest to push it through, again this could be because it was Friday, so it's hard to tell. Maybe there will be more interest next week after everyone get...

I thought today was a mixed day because volume seemed mostly light. I watched the tape all day long on different stocks and it was very light trading in my opinion. To me that shows some winding down of interest. Similar to how a stock that gets poor volume can gradually decline and trade...

Ok just found something... Article says has become more formal and serious, if NM Rothschild & Sons is advising, that must be saying something.

Rumor of buyout on message board, anyone know what's going on? http://finance.yahoo.com/echarts?s=FMX#symbol=FMX;range=1d

There was an analyst on tv earlier today that commented on GM having enough cash reserves to last them into 2009 as well as overseas property/plants/assets they can sell to raise capital. However the analyst said if things continue like this into early 09 there will be some problems. People...

:D

When?

Ok I can see how the guy is right about the markets taking a hit and how he predicted it...however I disagree with him here on a "global depression". Contrary to what he believes, the entire world does not revolve around the stock markets. 100% of the world currency isn't in the stock...

I should have posted this in the economics subforum...if a mod wants to move it. Also I'd like to hear what others think about my suggestions or what you'd do to fix the problem? I heard a commentator on the news say that there is no magic bullet to fix it but I think there is a way to...

Hopefully Bernake or George Bush are reading the Elite Trader forums because I'm going to lay down some knowledge. :p 1. The first thing I would do is create an oversight/think tank comittee that the American people and Wall Street have faith in and trust. It would be a temporary team...

And it's only $24.95! You would think the price would have came down by now. :p

Guess you didn't read my post above. You CAN'T compare 1929 to the present 2008 crash. -40% then is a lot worst than 55% now because the valuations are different. A lot of this decline is fat being trimmed off the market.

Another reason that may push the market lower... Raised margin requirements on financial stocks and the removal of margin forcing people to sell their financial stock to cover new margin calls that wouldn't have existed otherwise.

WHY IT'S DIFFERENT THIS TIME And it even has his picture on the cover so you can identify him!! :D

This guy.... http://www.amazon.com/Dow-2008-Different-This-Time/dp/1893958701/ref=sr_1_2?ie=UTF8&s=books&qid=1223613525&sr=1-2 :D

If you want to get technical, percentage drop statistics are useless. I'm tired of hearing how each decline is being compared to previous percentage declines. Someone said that this was the 3rd worst day for the DOW. This is just a stupid fear tactic to increase news ratings. First off...

1. Stocks are cheaper, and unless you have large amounts in the market, you should be glad that you can invest at lower rates. It's not like YOUR portfolio is down huge. Everyone knows that the rich own most of the stock, so who are you fooling. 2. They are saying the market is hitting...

Not in any particular order...just 10 to consider. 01. short sellers 02. margin call sellouts 03. 401k/mutual fund investors pulling funds, forcing funds to sell into a down market 04. downgrades (which often come out after a stock tanks by slow analysts) 05. layoffs/fear of...

Yeah the guy is on CNBC right now and he is flipping out yelling at his guests. "THE PROBLEM IS CONFIDENCE, AMERICANS DON'T HAVE CONFIDENCE IN BUSH, IN THE FED, IN NEITHER PRESIDENTIAL CANDIDATES, WHO THE HELL CAN ANYONE TRUST". The guest said "Putin?" :p

Just saw Bush on the news saying he's working hard on it and is coming up with the "bestest" solution. :p