ES Journal Archive (2006 - 2008)

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Avarus

Be carefully what you wish for. The reality of your wish may be something that is very unpleasant for the average american...

Your enthusiam for a crash is something special.
 
Quote from kinggyppo:

Can anyone explain why BSC is down this much are they insolvent?
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they got a 28 day loan from jp morgan chase and the fed to keep them temporarily solvent, my guess is they are liquidating what assets they can, a garage sale, for the next 28 days
 
Ammo

Hopefully this remains just a Bear Stern problem. A meltdown in this market is not good for anyone...


Quote from ammo:

they got a 28 day loan from jp morgan chase and the fed to keep them temporarily solvent, my guess is they are liquidating what assets they can, a garage sale, for the next 28 days
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Stopped 1/3 at b/e, that was some bazooka type p/a :)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1834231>



Short 1297.5 off 1

Scaled out +4
 

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Quote from gwac:

Ammo

Hopefully this remains just a Bear Stern problem. A meltdown in this market is not good for anyone...
More...
there's a lot of cash on the sidelines, this subprime ruse has been around for 4 mnths, buyers starting to come in, that is what the fed is betting on
 
Quote from gwac:

Avarus

Be carefully what you wish for. The reality of your wish may be something that is very unpleasant for the average american...

Your enthusiam for a crash is something special.
More...

Avarus is not Gordon Gekko. But you get what you put in in life and some just get lucky or inherit trusts. I've worked many years in corporate america and most of the average americans know more about useless stuff and less about econ, markets, etc., and yet they claim to be geniuses when they make money in a bull market and whine whey they lose. Go figure.
 
Sorry its the enthusiasm of seeing a market crash that turns my stomach. There is more at stake here than a few traders making or losing a buck or two.


Quote from avarus:

Avarus is not Gordon Gekko. But you get what you put in in life and some just get lucky or inherit trusts. I've worked many years in corporate america and most of the average americans know more about useless stuff and less about econ, markets, etc., and yet they claim to be geniuses when they make money in a bull market and whine whey they lose. Go figure.
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