Futures are falling

Quote from stock_trad3r:

Maybe pricing in a bad retail number. Odds are all these losses will be recovered by 10:00

once SPY is at 840, give me a call or PM me. I will help you by considering buying. Once there, we should be able to assess the bottom of the pit. (and your injuries from the fall! :) )
 
Quote from stock_trad3r:

hmm but GM is up in AH...

Perhaps it's because bankruptcy is the best option for GM under the circumstances. It will allow GM to nullify all the contracts (with the dealers, suppliers, and the unions) and create new contracts (presumably on much more favorable terms to GM). So, in effect, GM wins, everyone else loses. Thus, GM stock is up on the news while the entire market is down. Makes sense?
 
Quote from stock_trad3r:

no news yet they are lower by a lot
Don't worry stock turder, jsut keep buying (more mos, pcx & fcx). The market always comes back!

WRONG! The market doesn't always do anything. But, it does follow trends...
 
Thankfully the market allows you to do this, take a mulligan if you will :p

Quote from riskfreetrading:



PS: I reserve the right to change my mind if I do not see a guarantee for a profit!
 
Hedgefunds...never heard of them. But online ad revenue was up HUGE the first 6 months of 08. We should open positive tomorrow :D

Quote from trader_arb:

and possible hedge fund industry collapse, no big deal:eek:
 
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