There are plenty of good threads on this site, and in trading forum itself. We had a good discussion of potential for a rate cut on monday. Postings will go up when volatility gets like this. People go through a range of emotions when they make and lose money. Posting is a good way of...
I am just calling you out on your bullshit. Nobody likes a know-it-all dude. You are the one who needs to tone it down instead of giving all us dumb guys a lesson everyday. You want some credibility? Give us what I asked you for earlier in this thread. Until then, I will call you out as I...
Enough said, you are as clueless as your posts make you out to be. Just a perma-bull sitting on a declining portfolio.
BTW, everyone here knows you are stocktrad3r, so stop the charade.
He is a perma-bull same as you.
he is a militant, same as you.
He is smarter than everyone else...
Since you are so much smarter than the rest of us, why don't you tell us all how the consumer, which makes up 70% of GDP, will be helped out by the rate cut. Pleasegive detail in your answer and even an example.
What our country did for us a couple of years ago is why we're in this mess to begin with. 1% rates for far too long. Cheap money cannot fix the problems brought on by cheap money.
As soon as you realize that, you'll stop bleeding out on your portfolio.
Another fine day in the ENRON economy, where everything is off balance sheet. CDO's, CDS's, RMBS's, take your pick, we have a portfolio weapon of mass destruction just for you!
What do you expect? Get real man, the FED will not just sit on their hands and let this do what it should on its own. Anyone with half a brain knows it is futile, but they must act or face the noose from the public for doing nothing at all. Embrace the fact and use it to your advantage.
Another possibility, fed talks to warren buffet, tells him to buy ambac or mbia and gives him a 0%tax for 5 or 10 yrs, or some other type of guarantee. That way it doesn't appear as a government bailout to anger people. You know the ideas are flowing right now.
don't discount that the FED has a plan for stability today, I seriously doubt that the rate cut this morning is the only thing they have up their sleeve. PPT support is a real possibility with the futures market today, as is other announcements. Think of it as a full game plan today, with options.
Futures will need to keep the huge gap lower to create the cut. If they run back up, then no reason to cut. All about where we are trading tomorrow morning.
Be careful, you're letting your position get in the way of logic. I'll assume your up huge on some short plays, remember volatility plays both sides.
Bear is the right way, but don't lose sight of likely attempts by uncle cracker to fight this rather than risk completely losing control all...