ABX Indices stuck @ lows

Quote from Cdntrader:

3 days in arrow of new lows. This may be the worst week since the first week of aug tank.
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How can that be? Ben told congress that everything was gonna be fine, there will be no recession. Could he be lying like Roger Clemens? OMG, Roger is now under criminal investigation for lying to congress, as of today. Can we press charges against Ben?
 
Quote from PAPA ROACH:

How can that be? Ben told congress that everything was gonna be fine, there will be no recession. Could he be lying like Roger Clemens? OMG, Roger is now under criminal investigation for lying to congress, as of today. Can we press charges against Ben?
More...

Back in July of last year Ben was telling all of us that 2008 was gonna be terrific!

:D
 
Quote from Cdntrader:

3 days in arrow of new lows. This may be the worst week since the first week of aug tank.
More...
More new lows today.

margin calls and writedowns smoking everyone now. Amazing to watch.


These banks and brokers are going to have to ante up asap.
 
Closed @ new lows. 33 weeks and counting.... an ugly week.



Looks like capitulation is occuring. Perhaps a near term bounce in order.
 
Quote from Cdntrader:

Closed @ new lows. 33 weeks and counting.... an ugly week.



Looks like capitulation is occuring. Perhaps a near term bounce in order.
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Well I guess we found out who was selling - UBS dumped 24 billion lol


ABX is really unravelling now! Every single index closed @ all time lows.

buckle up for tomorrow!
 
dont worry its just a mark to market loss, everything will reverse overtime and nobody will take any losses :p
 
And the list of forced sellers grows...


UBS, Carlyle, Thornburg,


..who's next?

These guys made the most basic of trading mistakes. They held on to their losers and met margin calls.

I bet these guys are kicking themselves for not hitting those bids in Sept-Dec in the 70's and 80's and 90's now.

AAA's in 50's this week...lol the world has gone mad!:)
 
Quote from Bowgett:

Citi also said they are going to dump $45B
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Nah. They are holding them until the market recovers. But are pulling out as a market maker.
 
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