"Market Collapse? Panic?"... Total HOGWASH

[Aaron Copland]

Quote from simon1080:

Hey you post just like Makloda, Hum.

 

[gnome]

Quote from Aaron Copland:

SOUNDS LIKE THE OPPORTUNITY OF A LIFE TIME.

Historically, emerging markets have declined 90% or so during times of adversity... that would be a good time to get ready to buy.

 

[S2007S]

Quote from gnome:

Historically, emerging markets have declined 90% or so during times of adversity... that would be a good time to get ready to buy.

NO, DO not buy emerging markets now...

We are in a global recession and you think buying emerging markets is they way to go, look back at my post from NOVEMBER 2007 when I SAID BUY BUY BUY BUY DXESX, its up over 200% since then, STAY as far as you can from emerging market, the bull market in that sector IS OVER and has been for over a year now. I think it will be time to get in when emerging markets have falled an additional 50-60% from where they are trading right now.

 

[simon1080]

Quote from Aaron Copland:

Hey you post just like Makloda, Hum.

??????

 

[Capablanca]

TraderZones gives a pertinent warning and example to look at and his comment is met with jocularity.

Like Marie Antoinette proclaiming "Let them eat cake!"

The hubris on these boards is astounding. Too many people here who have not been properly schooled by a right and proper financial disaster. Well if this bailout is not carried out or doesn't work it seems you might get your chance!

 

[GermanTrader]

Quote from gnome:

Please... read some world financial history and take an economics course.

Our "leaders" (cough, cough) are not so naive nor stupid to allow this all to occur by accident. Any doper who's taken freshman economics can see through this...

Simon, with respect to your trading, I would not say you are stupid and uneducated, but ignorance on any given topic is not a function of intelligence. Ignorance is a lack of information. Gnome is quite correct in his summation of what is going on. It sounds like both Gnome and I have turned off the boobtube long enough to read what happens to economies when the people in money and power want more of both, and how they get it, without suspicion.

Life is admittedly easier to swallow when we function more on what we are told than on what we know, but there is only one truth, and if you follow the money trail, you will find who is responsible for this, and what they have in mind for the future. None of it is accidental.

 

[simon1080]

Quote from GermanTrader:

Simon, with respect to your trading, I would not say you are stupid and uneducated, but ignorance on any given topic is not a function of intelligence. Ignorance is a lack of information. Gnome is quite correct in his summation of what is going on. It sounds like both Gnome and I have turned off the boobtube long enough to read what happens to economies when the people in money and power want more of both, and how they get it, without suspicion.

Life is admittedly easier to swallow when we function more on what we are told than on what we know, but there is only one truth, and if you follow the money trail, you will find who is responsible for this, and what they have in mind for the future. None of it is accidental.

The entire world has been saying this for decades that the US govt is corrupt.

But up to these crises.. the entire world was wrong ...

It takes the Americans 4 trillion dollars of shaftage to wake up.

its funny !

 

[hughb]

So which conspiracy are we supposed to buy into? The PPT or the orderly-decline-planned-in-advance team? (ODPAT).

If there's a PPT, howcome the market plunges? Are they clicking the sell button by accident?

 

[mgookin]

Quote from simon1080:

The entire world has been saying this for decades that the US govt is corrupt.

But up to these crises.. the entire world was wrong ...

It takes the Americans 4 trillion dollars of shaftage to wake up.

its funny !

That $4 Trillion only got you a one and one-half day rally (last Thurs, Fri). We still have the same screwed up mess we had a year ago; it's just coming out in the wash now.

I hope everyone made good money last Thursday and Friday 'cause you're gonna need it!

 

[Pa(b)st Prime]

Hopefully you understand that if one firm is "over leveraged" someone else is on the other side of the trade. It's zero sum....

Quote from mgookin:

Here's reality:
Republican agenda is to deregulate business and do everything else for business to the detriment of Joe working man.

Deregulation allows leverage to skyrocket which is great in good times (look at GS share price 1999-2007). But we all know as traders what happens when your leverage is high and things go against you. Problem is these investment banks could not get out of their trades fast enough - nobody wants the other side of the trade. They got over levereged in what became an illiquid market. Imagine if your 4:1 margin trade at 100% of your margin went against you and then sudenly there was no liquidity in the market. You're done!

These banks are all done. Now they want Joe working man to bail them out. I say screw these investment banks, the investors on the wrong side of the trades, and most importantly, the CEO's (including and especially Hank Dickhead Paulson) should go to prison.

Let it all go down and start over. It will only be a better system next time.

And to those foreigners who made bad investments here - screw them too.

If I buy LEH at $30 and it goes to zero I have zero. Well so should they.

Hank Paulson is on tv right now saying this will free up credit markets for Main Street. I say that's bullshit. The banks still won't lend money (hopefully) like they used to. The old days are OVER. It's a whole new ballgame. Don't rob the poor to pay the rich.