Capitulation

you aren't seeing the big problem. Capitulations don't happen when the Fed forces BAC to buy Merrill. It happens with blood in the Streets. These guys shit the bed and wouldn't help Lehman. They are still arrogant. they have to get on their knees.

We've got a long way to go. Spikes? Ralllies? Sure. But we've got us a full fledged credit fueled recessesion that will turn to depression if these guys don't put the Country ahead of themselves.

Bottom? Mad Money has to be cancelled. CNBC, or Bloomie or FBN has to go, people have to be so sick of Wall St. that when the wind blows down that canyon, it has to whistle. Hedge funds have to be villified. The jails need to fill up.

Not yet. But it's coming.
 
Quote from flytiger:

you aren't seeing the big problem. Capitulations don't happen when the Fed forces BAC to buy Merrill. It happens with blood in the Streets. These guys shit the bed and wouldn't help Lehman. They are still arrogant. they have to get on their knees.

We've got a long way to go. Spikes? Ralllies? Sure. But we've got us a full fledged credit fueled recessesion that will turn to depression if these guys don't put the Country ahead of themselves.

Bottom? Mad Money has to be cancelled. CNBC, or Bloomie or FBN has to go, people have to be so sick of Wall St. that when the wind blows down that canyon, it has to whistle. Hedge funds have to be villified. The jails need to fill up.

Not yet. But it's coming.
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I agree. Cramer called the bottom a few weeks ago and he is costing a lot of people a lot of money. As I said earlier, this is a money making short term cap. We will go down further.
 
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.
 
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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stop by a gamblers anon. meeting first.
 
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.
 
Only Benjamin S. Bernanke can save us now...

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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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You're right. Like every other industry, it's consolidation. But why not take advantage?
 
Quote from CONR:

I agree. Cramer called the bottom a few weeks ago and he is costing a lot of people a lot of money. As I said earlier, this is a money making short term cap. We will go down further.
More...

Anyone who trades Cramer's recommendations deserves to lose it all.
 
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