Search results

yes, the "currency crisis."

I'm thinking the market marks time, maybe a little higher, until the elections, then we get another big-ass rally regardless of the results.

Thank you, Arnie. I thought about posting the same chart myself but I thought it wouldn't be worth it because people would blow right past it and keep trying to characterize this move as a repeat of a 1999 style blowoff or as totally unprecedented, just as they've done in this thread. I...

I agree it is monumental ignorance. Ignorance caused by a seeming lack of intellectual curiousity. Everything defaults to "It's Bushitler and the Jews manipulating the market." That's not a path that's going to lead to any useful market insight. All these predictions of a crash....I was on...

Great post. One of the truest things I've read here at ET. Most companies demand that employees devote their whole being and soul to the glorious corporation but when it suits their purposes to f___ you they have absolutely no hesitation whatsoever. There is another psychological...

It makes plenty of sense. Ford is down about 50% over the last two years. So is GM. It's not like the market just figured out yesterday that Ford is sucking wind.

It doesn't quite often drop to 10.45.

VIX 10.45...down .45 :eek: According to the stock market, the world is at peace forever, the economy is the peak of perfection, and cancer has been cured. :confused:

He's not wishing, he's just making an observation. If OPEC had the power it once did, oil would have been up strong today instead of off another buck or two. Obviously, that has implications for several different markets.

The high it hit was two months before 10/19/87.

True. Ignorance and an inability to process information effectively (i.e., a low IQ) lead to use of the old excuse.

I like it. :cool:

Apparently, not at Elite Trader. The Jew Devil conspiracy theories appear to be widely accepted here. Hey, time for a poll!

You guys are all completely nuts - from the imagined scheming of CNBC anchors to the government manipulating every tick to Jews under your bed plotting against your P&L. Turn the fucking TV off if you don't like it. Jesus Christ....

Hey, what happened to don't make predictions about the future? :D We sucked you back in to the market chit chat. I agree with you, the bias is likely shifting slightly to the downside. I think the market is about 30% bearish, 20% bullish and 50% can be convinced either way. With bids...

CPI number comes in great but market can't hold highs. Financials, which have been huge leaders, losing bids. Techs not holding highs. The shorts might finally be getting a trade here.

Yahoo matched revised estimates and announced a share repurchase plan, Motorola matched with slightly light revenue but nobody gives a crap about Motorola anyway.

Absolutely frickin' right.

It must be the Elders of Zion pulling the puppet strings. How will we stop them? Save us, Pikachu! :D

I remember hearing about that boogie man as far back as the '80's. The savings rate has been low to negative for at least 20 years.