Search results

So much for that. 15 min macd turned down like clockwork. No rally coming just more selloff into the close.

End of day rally is coming. Indicators point towards the losses moving back towards par. Lets see if they are right.

LOL, most "talented" would be wise to leave the country. Most surely in search of new wealth to plunder.

Not if nobody knows the real numbers of the monetary expansion. Then what? Hyper guessflation?

Oh the irony of it all....

So, screw everyone else we come first and everyone else can get paid later. Funny how its this whole industry that does nothing but screw people out of their money. If you ask me all those analysts, engineers, and quant fks aren't worth shit and are just trying to justify their salaries. The...

Spoken like true free market capatilist :D Problem is that politics is a major issues for them right now and they are in the bulls eye of Peolsi's congress and soon to be Obama's administration. Mainstreet is pissed and wants blood.

Are you sure about that? Sounds like theres some major fraud going on here...could get sticky.

Of course it's a step in the right direction. I am pleasantly surprised that a group of eu beaurocrats could come up with results so quickly.

I agree with that 100% and I havn't even read a single page yet. Analysts are as good as the matter I place in the toilet. I am convinced that these clowns throw darts at a dartboard when picking these price targets. After all, just like the clowns at S&P, they need to justify their salaries...

Typical political wind bags. Same $hit, different crisis.

Actually some guy in my town is wanted by the cops for doing just that. He used credit cards to rent expensive luxury cars then pawned them off to the chop shops. This guy is so ahead of the curve. :D

Agreed. I think major inflation issues will define monetary policy in the years to come and this crisis and gov intervention will be the catalyst for it. Inflation related stuff like commodities ie gold, silver, oil and food stuff will probably all be much higher in a few years from now but time...

JP morgan is what will move the market. If something isn't done and they go the way of lehman watch out below, a few thousand points below. Those guys have a whole pile of bad stuff hiding in their closet.

My thoughts exactly on the rate cut. Slashing FED funds wouldn't solve much but would bring some temp relief and it would give them some bang for their buck as the markets aren't expecting one.

What do you mean? The dollar is King. GM makes great cars, gold is only bought by crazy people, oil is never going to be $200/boe, politicians care about you, American idol is fun to watch. All is well...you are fealing sleepy, sheepy...TPTB will take care of you....sleepy. lol

Heres my conspiracy theory. FED has barred traders from shorting sensitive financials in the US so they turn north and start shorting everything commodity related on the TSX which is about 99% of the stocks. Hence TSX -300 and counting. And we all know how helpful our regulators are up here at...

And if someone in early 07 told you that there was major problems with the RE market you would have said the same thing right?

Your right and no I am not suprised. I have been hearing lots of these stories about "how bad it really is". Heck just go back to that Cramer interview with Trump. The don himself said "it's a depression in the real estate market". Your friends should have plenty of work for years to come...

Economists tend to look at inflation as a form of tax. Inflation = less real purchasing power so it would appear to be a tax on real purchasing power. Most people however are not economists nor know anything about the economy other than what they might see on CNN or FOX so yes, most people don't...