Better Cover Bears!

"Sic semper tyrannis" - I have not left things "as usual"..."all in due time, my pretty" ROFLMAO
-gastropod
P.S. I will wait to see the result of something I have done :-) The "all in due time, my pretty" is from the "Wizard of Oz" - the witch is saying to Dorothy that she will get the shoes at the right moment.
 
Quote from EtfTraderLives:

Wouldn't it be nice if it, well, just kept going up and up and up today? :D

And tomorrow too (llikely a very painful day for bears) :D
More...
Yes, very painful day today..

Another great call - that's three in a row superstar.
 
GTS, you never made a call on this forum your entire membership. Your a pussy thats why. And as far as I am concerned, I bet that my portfolio has outperformed yours since June hands down.

Your on ignore. I've read most of your posts since you joined this site and you simply have the WRONG ATTITUDE to be a trader.

Too-ta-loo loser.

Daytrading is for losers. Period.
 
Better cover bears????


:p :p :p :p :p


Find one reason to be bullish?????

ONE REASON!!!!!


FROM YAHOO FINANCE HOME PAGE


Top Stories
Stocks Fall on Inflation Report- AP

Stocks are falling sharply in early trading, with a hefty jump in wholesale inflation raising fresh concerns about the drag of rising prices on the economy.

* Wholesale Prices Surge at Fastest Pace Since 1981- AP
* Housing Starts Fall by Most in 17 Years- Reuters
* Oil Falls as Storm Threat Eases- AP
* Home Depot's 2Q Profit Drops 24 Percent- AP
* Staples Warns on 2Q Earnings, Shares Lower- AP
* Target Quarterly Profit Drops- Reuters
* Saks Reports Wider 2Q Loss, Shares Tumble- AP
* Health Care: The Real Fiscal Nightmare- BusinessWeek
* Saving Fannie, Freddie to Cost Arm, Leg, Firstborn Child- Minyanville
 
Yea i agres to that
There is not 1 good reason to be long right now :(
Lehman is having a garage sale :(
All brokers down grading the other broker,s
Staples warn,s
Target falls shot
:(
A very bad time to be finance right now with no bottom to be seen just keep on falling down and down and down No Bottom on finance :(
 
Quote from S2007S:



* Wholesale Prices Surge at Fastest Pace Since 1981- AP
* Housing Starts Fall by Most in 17 Years- Reuters
* Oil Falls as Storm Threat Eases- AP
* Home Depot's 2Q Profit Drops 24 Percent- AP
* Staples Warns on 2Q Earnings, Shares Lower- AP
* Target Quarterly Profit Drops- Reuters
* Saks Reports Wider 2Q Loss, Shares Tumble- AP
* Health Care: The Real Fiscal Nightmare- BusinessWeek
* Saving Fannie, Freddie to Cost Arm, Leg, Firstborn Child- Minyanville
More...

One reason in that list? Ok, Oil falls.
 
What I don't get about people saying buy financials now, is that while lenders are starting to wind down the write offs, possibly, because as we all know since there is absolutely no transparency, noone really knows how bad things are.

They've also in some cases, pretty much ceased on any further lending, which is the way most of these guys earn money, so now they won't be having any revenues for who knows how long, then they have to make up for the revenues they are now losing out on, then make up the billions they just wrote down, while also having to raise capital! DAM. If it wasn't for their assets which seem to be depriciating because noone can buy them, which creates illiquid markets, these guys would be starting from scratch!

Bear market for another year or 2.

Edit: and to the guy above.. oil falls? Lol from 140 to 113. Still not going to stop people from having to pay double for oil. That's some big oil bills coming up this winter x's 100,000,000 households. That's a couple of Billion in consumer spending out the window. And if oil rebounds?
 
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