Don't Be Caught Short Ahead of Wednesday
- Thread starter MrDODGE
- Start date
Maybe the market will rally a couple hundred points just cuz it's open? all up side no risk a repeat of the 90's
Quote from MrDODGE:
Wednesday is when the vote occurs to repeal the uptick rule.
Comrad Obama has already put his opinion in the pot so no one should be surprised when the rule is repealed. However, expect the dumb money to jump all over the news and cause a several hundred point rally.
Just an FYI.
wow the article in the the NYT is down right scary! Some of the proposals are really out there.
http://www.nytimes.com/2009/04/06/business/06short.html?ref=business
shorts are gonna be on the run this week.
I know how stocks work though. I know pretty much everything about econ and finance.
This is absurd, absolutely absurd. The patient is dying, and we have now decided to throw a sheet over him.
Maybe 'they' won't notice, at least until the stench is overwhelming.
Mark-to-model will hang over our heads like a guillotine, mark my words. Toxic debt holders will lever and adjust "earnings" based off of proprietary model valuations, the debt will continue to non-perform, and more losses will be had.
Maybe the taxpayers will get lucky, and have the privelege of paying 75 cents for something that was worth 3 pennies under mark-to-market, just 2 weeks ago. I had a feeling that this was going to happen.
Gotta love opacity.
Maybe 'they' won't notice, at least until the stench is overwhelming.
Mark-to-model will hang over our heads like a guillotine, mark my words. Toxic debt holders will lever and adjust "earnings" based off of proprietary model valuations, the debt will continue to non-perform, and more losses will be had.
Maybe the taxpayers will get lucky, and have the privelege of paying 75 cents for something that was worth 3 pennies under mark-to-market, just 2 weeks ago. I had a feeling that this was going to happen.
Gotta love opacity.
obviously given the trend for the past month the market thinks otherwise