No good reason for the selloff

edge666 · Feb 10, 2009

Quote from stock_trad3r:

markets should be green

this selloff makes no sense. idiots keep selling. The fudamentals of the US economy are sound.

nothing changed at all regarding the economy, except for financial and retail sectors.

Those two sectors drag down everything.

No shit the 2nd tarp i the same as the first. What else did ppl expect?

These liquidity injections are working. Stimulus works. Bailouts work.

I recall someone the other day sprouting how accurate you were in your predictions. I have come to the conclusion that you are either very brave or very foolish..............or work for CNBC

short&naked · Feb 10, 2009

Quote from stock_trad3r:

People can still max out credit cards to buy stuff and take out home loans.

Indefinately?

Arnie · Feb 10, 2009

Well, selloff, schmell off. I'm going long at the close.

traderyin · Feb 10, 2009

stock_trad3r, how can I get paid posting on ET like you do? Please PM me.

Thanks,

Landis82 · Feb 10, 2009

Quote from stock_trad3r:

Google, Apple, Rimm, Ma, Visa for example, don't need credit or banks because they are very profitable. There are many companies on the S&P 500 and Nasdaq 100 that are thriving despite this fake media generated crisis. Also, banks will still lend to ppl with collateral. People can still max out credit cards to buy stuff and take out home loans.

You have no idea what you are talking about. Banks are canceling credit lines, cutting consumer credit limits, and raising credit card APR's.

lpchad · Feb 10, 2009

If you got short, you printed money. End of story. Who cares why. Just take the cash.

Landis82 · Feb 10, 2009

Quote from traderyin:

stock_trad3r, how can I get paid posting on ET like you do? Please PM me.

Thanks,

Ask Baron.

This kind of BS has been going on for quite some time . . . not just with "stock-turd" but others as well.

It's the single most significant reason why ET has gone down the tubes the last couple of years in regards to quality of content.

At the end of the day, the buck stops with Baron.

traderyin · Feb 10, 2009

Quote from Landis82:

Ask Baron.

This kind of BS has been going on for quite some time . . . not just with "stock-turd" but others as well.

It's the single most significant reason why ET has gone down the tubes the last couple of years in regards to quality of content.

At the end of the day, the buck stops with Baron.

Guys,

Just hit the ignore button on these guys. I did it to Port1385, the guy is full of crap (averaging down on FNM from the 20s).

If not, Barron is making good chunk off you guys posting respond to these idiots- more site taffic/postings = higher ads revenue.

l2tradr · Feb 10, 2009

Quote from stock_trad3r:

markets should be green

this selloff makes no sense. idiots keep selling. The fudamentals of the US economy are sound.

nothing changed at all regarding the economy, except for financial and retail sectors.

Those two sectors drag down everything.

No shit the 2nd tarp i the same as the first. What else did ppl expect?

These liquidity injections are working. Stimulus works. Bailouts work.

Oh noooes....w3rd....say goodbye to your paper account champ.

S2007S · Feb 10, 2009

Quote from SCI new york:

You fuckin bears are all the same, cumming in your pants over the last 3 months and acting like the world is going to end. This small move down isn't going to last so enjoy your pathetic downward move. It's morons like you that try and prevent progress.

Right, all the same, wake up and face what is happening, I have been posting here since 2006 and posted all the articles I could get my hands on about the upcoming credit crisis, how anyone did not see this coming is BEYOND me, that last bull market rally we had in these markets was a FALSE BULL MARKET RALLY, it was all a FU$KIng DREAM, it was all built on WORTHLESS MONOPOLY MONEY, how can anyone think these markets are going to sustain themselves at these levels with a global crisis at hand thats not even close to finding a bottom.