700B Plan Priced In Already?

[shortie]

i think it is. we may sell off pretty hard the moment it is approved.

 

[Steelhead]

no way it gets approved

 

[Q12]

won't sell off the moment it gets approved, however, 3-4 hours later it's very possible.

 

[shortie]

Quote from Steelhead:

no way it gets approved

they have no choice but to approve it. otherwise they'll get fired.

 

[S2007S]

I dont think anything gets approved tonight....


$700 BILLION IS NOT ENOUGH......

$1-$2 TRILLION IS WHAT IS NEEDED



$700 BILLION IS NOTTTTTTTTTTTT ENOUGH......


DOW headed below 10k...


5% decline.

 

[S2007S]

NOTHING NEW!!!!!!!!!!!!!


NOTHING NEW!!!!!!!!!!!!


MARKETS WILL CONTINUE to fall...

 

[Landis82]

Quote from Steelhead:

no way it gets approved

I'll take that bet!

 

[RiceRocket]

Don't fight the fed. We just had one of the highest panics in the credit markets ever. This is clearly a climax to the bear market.

 

[S2007S]

Quote from RiceRocket:

Don't fight the fed. We just had one of the highest panics in the credit markets ever. This is clearly a climax to the bear market.

This time its different, fighting the fed has been the way to go since they began cutting rates....This IS NOT the climax to the bear market, this is going to be the longest bear market in history, there is not one catalyst for this market to be even slightly bullish, sell the rallies, the bear market will be here for many years to come.

 

[Vinny1]

Quote from S2007S:

NOTHING NEW!!!!!!!!!!!!!


NOTHING NEW!!!!!!!!!!!!


MARKETS WILL CONTINUE to fall...

But my broker said prices go up in the long run. He said I need to invest for the future for my retirement. If prices go down, I guess I'll be eating cat food in my retirement, instead of travelling around Europe.