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Yep, here it is on Bloomberg. http://www.bloomberg.com/apps/news?pid=20601087&sid=aP5mpMUORBWM

Yes, intermediate support. Maybe not forever, but for a while if they can let it be. Look at gold, though, and the bonds. The fear's starting to subside, IMO.

Close the markets now that we've started to find some support??? Hope not.

But doesn't it provide the collateral to do everything else they do? Not sure on that, but I think so.

Sold today (then bought again about 5 minutes before close). Might be a buyer next week for short term, might not. One lesson I've learned very well this year - just because it's down doesn't mean it can't be down *more*. But, yeah, eventually there's a bottom. The other part of my life...

Because things look cheap compared to months before. I think that's the long and the short of it.

There's a fund that a basket of all the grains, if you really feel they'll go up but don't quite know which one.

I've heard it called the "noon balloon," don't know if that person made that up or if that term is used a lot.

So, you're long at about 1150 (I think you trade ES if I remember right)? The days are blurring together for me as to what news happened which day when I look at the charts. And at what point would you start getting liquidated?

I've actually been thinking the same thing. There were a couple I was interested in for long-term, but then rethought it until we're clear on which firms will survive this mess.

Maybe because people are comparing this to the Great Depression, at which time the market didn't stop falling for 3 years and didn't go back to where it was at the peak for about 25 years (going by the Dow)? Not saying that's going to happen now, but it's happened before. Plus, add to the...

Would trades like those get busted these days, though? I thought they're fond of busting all trades within a certain price range. I agree, scary market this morning, seems like thinly veiled panic.

nm, might have figured it out

Also, people not spending as much and hoarding their dollars helps a currency to not inflate as fast. If you look up the German hyperinflation after WWI, even though there was a ton of money printed, the hyperinflation didn't really start until people stopped saving so much (people had been...

It's the lesser of most evils right now, I think. People are afraid the Euro is literally going to fall apart. Some of the countries that are truly cash-rich and strong are pegged to the dollar or at least tightly controlled (China, Saudi Arabia), so there's not a lot of use investing in them...

I agree, Daal, I just sensed it had done what it was going to do for a little while. Might be back in as early as tonight. I'm definitely looking for a good reentry. I'm going to start looking into the CAD more right now. We were a little deep into the Yen for my taste with our hedging, we...

Anyone take the trade? I was in at 105.31 or something like that, didn't get out quite at the bottom, but around 101.06. Had the money there as a hedge for the dollars we hold through the down move I thought the market was going to make. Anyone got targets for getting back in? I don't...

Yeah, I read that today. No kidding. They definitely should do that.

No need to read the whole thing, the first 4 paragraphs will do: http://biz.yahoo.com/usnews/081003/03_bailout_will_help_but_pitfalls_remain.html?.&.pf=banking-budgeting Do they *really* believe this? Summary: It's going to be bad, there's all this bad stuff the bailout's not going to...

How is he hedging himself? I'd be interested to know.