Al Qaeda Terror Plot - Reason for Late Day Selloff

Quote from Bob111:

mmm..i believe i do..about 50-60 trades for today..but i'm not using any handles..just bare prices,while trying to keep the basket market neutral..so..-0.7 or +0.7..obama..osama.. not a big deal...at least for me(don't know about those pit warriors)..
9/11- i remember premarket\opening of that one..now -that's a sell off:p

Bob, 9/11 . . . that was nothing. I had a full pad on
Monday morning Oct. 19th . . . . . . 1987, - that was a selloff. But still, when my JPM went from 33.35 to 32.70 in minutes because of some camel jockey sabre rattling, it urks me. Cheers, Tide.
 
Actually, the cause of the selloff was.....Wait a second.....
Good grief! UFOs are landing all over my city.

But, don't bother looking on CNN, FOX, or MSNBC. They probably won't have this story either. Look to ET first for all the major developing stories.:p
 
Quote from BSAM:

Actually, the cause of the selloff was.....Wait a second.....
Good grief! UFOs are landing all over my city.

Oh great, now we got a guy from Bear Stearns Asset Management chiming in. You're not too busy now either I guess. I heard that the UFO's just hit in Islamabad, good grief! Golly gee . . .
 
This is too funny, as soon as the market drops a couple of % points, the usual fear mongering people appear on the scene...

Ask me in December 2010 about the cheapness of valuations and stocks and remember me of his purported "threat".

There are fund managers out there more then lucky that markets gives them a chance to jump on the bandwagon.

:cool:
 
Had the market truly reacted to what DEBKA is warning about, you wouldve seen it talked about on the major news and business/finance networks.........and as we all know...IT DIDNT HAPPEN !

Leave it to some bozo on here who thinks hes some market analyst....

With plenty of other ppl like him on here, we should start calling this site.......delusionaltrader.com :D
 
Quote from southbeach4me:

Had the market truly reacted to what DEBKA is warning about, you wouldve seen it talked about on the major news networks.........and as we all know...IT DIDNT HAPPEN !

Leave it to some bozo on here who thinks hes some market analyst....

With plenty of other ppl like him on here, we should start calling this site delusionaltrader.com

Here's another guy, joined last week . . . No idea what moves markets, knows only what he reads in the Daily News or some other liberal rag or if Cramer tells him its so. Am I delusional for reporting what traders were pointing to as they sold into a selloff. Maybe it would intrigue you more if we called it miamigaytravel.com?
 
Quote from ByLoSellHi:

It's all speculative, and DEBKA is NOT a credible website, and the other site you linked with the official looking seal is nothing more than a blog.

What's wrong with their credibility and the article in particular?
 
Quote from Tide31:

I have not even seen this on US News Services yet, I don't know if any of you has, but I believe this to be the main cause of the very end of day selloff. Supposedly it posted around 3pm EST and was spreading amongst traders by 3.45pm or so. I know some hedgies were dumping stocks because of this. Explains a lot, stocks seemed to be setting up for a little rally into close with Dow only down 70 or so before this hit.


Debka Report - Israeli Military Intelligence Website

US National Terror Alert Center Report

I never flame (usually), but go lay down!
 
Quote from gkishot:

What's wrong with their credibility and the article in particular?

Weren't they the outfit that claimed to have actual geographical coordinates to all the WMDs? The WMDs that turned out to not exist at all?

Didn't they report that Iraq's army had invaded Jordan - while the US was marching into Baghdad?

They're an entertaining read, and a unique perspective, but their credibility is on the same level as Geraldo's.
 
The market fell after interest rates spiked higher.

Interest rates would not have spiked higher if there was any fear of a terrorist attack.

Runningbear
 
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