Gotta love ZERO RISK in the SP500 = $$$

i960 said:
Back in Feb, '09, CL hit a low of 34.90. Consider the sentiment around that time post-2008 - way more dire than now, and yet CL is presently at 40! Those 20$ oil people don't sound so nutty now.
More...


I guess oil is on its way to the low 30's, we are going to see quite a recession within the countries that rely on oil as their big money make....get ready for crazy defaults and bankruptcies
 
S2007S said:
Apple losing BILLIONS AND BILLIONS worth of market cap today, where is that $140+ price target everyone was screaming about and that trillion dollar market cap..
More...

It's funny because now might be a stellar time to turn on the buyback machine rather than BTFATH as usual.
 
S2007S said:
I guess oil is on its way to the low 30's, we are going to see quite a recession within the countries that rely on oil as their big money make....get ready for crazy defaults and bankruptcies
More...

Yep. Venezuela is sounding mighty fearsome right now. Russia should be on it's way as well.
 
IMO you guys need to stop going long. I realize the temptation, trust me I do, but what do you think the funds will be doing at the close?
 
DOW is off 800+ points in 24 hours, all it takes is the fed to give some reassurance like cramer wants them to do to rally this market an easy 2-3% in a day or 2. Right now its tough, do you go long or short or just wait it out.....I think tonight you will hear everyone on cnbc saying they hope the market opens about 300+ points lower on Monday and reverses. That will signal a short term bottom.
 
Jesus, CNBC is just total garbage. I turned it on for some entertainment into the close (I never listen/watch it) - and this is just pure retail thinking nonsense.

"Calm down guys, it's gonna be alright! This is just a normal sell-off, seen it before, yadda yadda"

The funnier parts are where they start talking about growth and other valuation concerns as suddenly being the thing everyone is concerned about. Hello! Anyone with a clue was keyed into this months ago.
 
You must log in or register to reply here.
Back
Top