Capitulation

Too funny!
Nice keep up the good work....

Quote from CONR:

The beauty of this all, Dylan Ratigan thought he was going to get some action from some pig tonight after he would spend a needless $300 on dinner.
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Quote from staffpro:

GS and MS are the only two major investment banks left which one will FAIL NEXT LOLOLOLOL
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LEH. BSC. MER. gone


GS and MS only 2 left. GS earnings this week, should give us a clue of where they stand.
 
You forgot Countrywide, Thornburg a a shit load of regional banks around the country. We had a few shut down in my state in the last couple weeks.


Quote from optioncoach:

The markets are down for a reason. Cannot understand how people are looking at these drops like momentary dips. Cannot believe people are not taking it seriously that this year, Bear Stearns, Freddie Mac, Fannie Mae, Lehman and now Merrill were pretty much on the brink of bankruptcy.

I mean I am not calling a Depression here but this is @#$%ing serious and the markets are going to be in trouble for quite some time. Wall Street is losing some big names who are getting bought out and sliced to nothing. Wall Street as a whole will emerge stronger from this purge but right now this is pretty serious.
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Quote from 1flyfisher:

You forgot Countrywide, Thornburg a a shit load of regional banks around the country. We had a few shut down in my state in the last couple weeks.
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Yeah cannot forgot those as well as the regional banks closing up. I mean in a few years this financial enema will have some good results but right now it is still brown water.
 
Capitulation?

I don't know. If this is the bottom there is still a surreal calm to the whole affair. I mean we just reshaped 150 years of financial dominance and stability in 6 months.
 
Quote from CONR:

Are you watching CNBC? We are in capitulation. Vix at 35 tom. I'm long everything I can get my hands on at 10 A.M.
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If the VIX hits 35 then I will indeed close my eyes and go long calls on brokers & financials, and a crapload of Yen, bond, and gold puts.
 
Quote from Cutten:

If the VIX hits 35 then I will indeed close my eyes and go long calls on brokers & financials, and a crapload of Yen, bond, and gold puts.
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I wish you best of luck in your future endeavours. But I suspect they won't be in the trading arena anymore.
 
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