MBIA to lose AAA

[stock_trad3r]

Quote from flipflopper:

In case anyone wonders why the market started tanking.

Get short and enjoy.

LOL dow up 214 points today.

As I have said many times before no one cares anymore about the fake credit crisis except elite trader bears.

 

[flipflopper]

Quote from stock_trad3r:

LOL dow up 214 points today.

As I have said many times before no one cares anymore about the fake credit crisis except elite trader bears.

LOL

 

[flipflopper]

Quote from makloda:

You're such a pathetic loser it is incredible.

Go pile in short into the banks based on your brilliant analysis of todays "news". You do have an amazing edge and the entire Street will be shocked to see the "dramatic ripple effects" once they unravel.

All this is months old news.

Once I realized that discussing (which always turns to arguing) my positions and reasons for taking positions on a message board was an enormous waste of my time and effort I just decided only visit this board about once a week purely for entertainment.

In trading you're all you got. You must trust your convictions and not listen to or let others influence you.

Everyone is going to have their own opinions and the bottom line is the majority will lose... this is a tricky game.

You may not be proved right immediately... you may even be wrong but at least you do it your way.

BTW Makaloda:

Merrill Lynch-MER: Now expect a Q2 writedown of $5.4B@LEHM

--------------------------------------------------------------------------------
Fri Jun 27 07:56:52 2008 EDT
Lehman now expects Merrill to post a Q2 writedown of $5.4B, an increase of $3B, due
to recent credit downgrades of monoline insurers and widening credit spreads. Additionally,
the firm lowered its Q2 EPS estimate to ($2.78) from (64c). Shares are Equal Weight
rated.

 

[S2007S]

Quote from stock_trad3r:

LOL dow up 214 points today.

As I have said many times before no one cares anymore about the fake credit crisis except elite trader bears.

"FAKE" credit crisis....now that is funny, it doesnt look so fake now that the DOW is off 20% from its highs.....I think we could welcome 11k very soon.

lol lol