How was ET back in 2008?

Aero73kgp said:
July 16th, 2008 – Bernanke: On Freddie and Fannie: “They will make it through the storm”, "… in no danger of failing.","…adequately capitalized"
Only two months later both were nationalized.
February 14th, 2008 – Paulson: (the economy) "is fundamentally strong, diverse and resilient."
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BHX.jpg
 
CSEtrader said:
I wish we would be on ET in 2008! I should publish one day our horror story with BNP Paribas and Credit Suisse in those days.. well, better later than never - thank you Baron and ET.
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Your wish might come true now in 2018. If Dow, SPX, Nas, Trans break their 200-day ema odds go up dramatically.
 
Saltynuts said:
I was just doing some digging, and I saw a post from 2008. I had assumed ET was a more recent thing. Anyways, what where ETers saying back then? When Lehman fell? Bear Sterns fell? Market dropped like a rock and then kept on dropping? Did a ton of ETers see it coming, or at least catch on real quick, or were most holding out to sell until the bitter end?

Thanks!
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The 2-fer or 4-fer is 2008, 2009, 2015, 2018

2008 top tested one's stupidity, herdlike instinct, dopey-assness

2009 low tested one's kahunas when everyone was petrified but YOU entered

2015 top same sh*t as 2008

2018 top in real-time under consideration RIGHT NOW but ET is fast asleep, half the ship is submerged, but the band plays on.

20 years from now, they might be asking, did anybody see the 2018 top coming. hahahahahah, so take your own notes now and put 'em away for your grandchildren to answer easily. :)
 
It appears calling a market top at ET, even hinting that one is in formation can get oneself killed or maimed .......... as this example from Dec 4, 2017, some 2 months before the "alleged" top this year that gave us a one day 1600 intraday drop that ET forgot about a week later and the band played on ....


https://www.elitetrader.com/et/threads/the-flynn-crash.315569/



"Nobody cares, you ignorant piece of work.
Zip up that tiny little thing you call a zipper, and just *try* not to make any more of your idiot calls.
Fergawdsakes man. It's 2017. Subtract the year of your birth, and then act your age. Or not!
But no-oooooooobody cares!!
Are you gonna spend 2018 calling wrong market tops, too? PLEASE just say, "No."
 
truetype said:
Actually, in 2007 one of ET's most distinguished members foresaw the coming crash.
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Nice one except:

1. You were 9 months early. It is like you delivered the baby before the fucking occurred.

2. You really use "signs" like driving nuns? You see, a stripper owning 5 homes is a sign, a shoe shiner giving out stock tips is a sign, but a driving nun is just a driving nun. Maybe the convent is fairly rich and can afford a Bentley. :)
 
themickey said:
May I kindly suggest you read the surf report
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Thanks, would love to read it. Searched for it, came up with a fellow called marketsurfer in Journals who called the Top in Feb 2017. Since there was no top there I assumed he called it in 2018. But the thread was closed in May 2017.

Pls point me there. THANKS
 
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