I just said im long you retard. Learn how to read.
I never said I was short. The market's bullish....im bullish. HOWEVER im no going to fucking take this trade to the moon. If I get stopped out, im going short faster than a rocket-sled on nitrous.
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No one was wrong today. However you bulls better be prepared.
- Thread starter athlonmank8
- Start date
I just said im long you retard. Learn how to read.
I never said I was short. The market's bullish....im bullish. HOWEVER im no going to fucking take this trade to the moon. If I get stopped out, im going short faster than a rocket-sled on nitrous.
vectors101
Guest
this just shows how much power and influence that these wall street bastards and bankers have on gov't policy..
the banks are holding the bag.
the banks are holding the bag.
Quote from athlonmank8:
I just said im long you retard. Learn how to read.
I never said I was short. The market's bullish....im bullish. HOWEVER im no going to fucking take this trade to the moon. If I get stopped out, im going short faster than a rocket-sled on nitrous.
Quote from athlonmank8:
I just said im long you retard. Learn how to read.
I never said I was short. The market's bullish....im bullish. HOWEVER im no going to fucking take this trade to the moon. If I get stopped out, im going short faster than a rocket-sled on nitrous.
You said you were bullish, and you switched your opinion today, that doesn't necessarily mean that you paid up and got long. So what are you long, USD, gold, equities, bonds?
Quote from vectors101:
this just shows how much power and influence that these wall street bastards and bankers have on gov't policy..
the banks are holding the bag.
I don't buy the Greenspan put is in place anymore, I just think that something is looming that could cause a meltdown and the FED is trying to stay it off!
Quote from athlonmank8:
EXACTLY!!! You just said it yourself. Now explain to me why the fed cut rates.
The economy is doing fine...so we cut rates?
Stock...I always took you as a very educated individual, but I have to say this time you're not making sense.
No. What we do is we bail out housing in a rational way instead of taking this kind of action.
Economy is fine? LOL. How much in subprime exposure, both the actually loans, and the derivatives thereof, does this economy have? How far will housing prices drop over the next year. What's the dollar value of the loans about to reset?
And you tell me the economy is fine? Geezuz, what are you on?
My suggestion is that you don't have a fucking clue right now how the economy is right now, because you don't know the answers to all of the above. My guess is the Fed may well have a better idea than you do, and therefore chose the action they chose.
OldTrader
Quote from OldTrader:
Economy is fine? LOL. How much in subprime exposure, both the actually loans, and the derivatives thereof, does this economy have? How far will housing prices drop over the next year. What's the dollar value of the loans about to reset?
And you tell me the economy is fine? Geezuz, what are you on?
My suggestion is that you don't have a fucking clue right now how the economy is right now, because you don't know the answers to all of the above. My guess is the Fed may well have a better idea than you do, and therefore chose the action they chose.
OldTrader
The economy is fine. Mortgages blew up and housing crashed. The market will play out and price it in. They're cyclical markets, IT HAPPENS. Let the market take care of them. If we go into a recession....we go into a recession. The worst think we can do right now is lower rates when the dollar is in the state it's in combined with record deficits. You NEED to stabalize the currency in order to successfully reduce debt prices.
Quote from mschey:
What I get a kick out of us.....you guys really believe you have a better handle on the economy then the FED! Get real folks!
The FED has access to the best data, they have some of the best talent working for them, and I'm pretty sure that they have a pretty damn good reason for taking the action they did.
Carry on with your monday morning armchair quarterbacking!
agreed. these guys fail to understand that rate policy has very little to do with commodity driven inflation.
screw gold. its now a superficial indicator of herd psychology.
wheat is up to highs because climate change, bad weather, and most importantly, BAD energy policy which enabled farmers to plant corn instead of it, in order to make alcohol gasoline.
DUMB DUMB DUMB.
and crude is up because every idiotic policy maker doesn't give a shit about conservation, and everyone in the entire planet needs an SUV (yes, including asia).
Rate hikes aren't going to do damage.. Its *continued* near-sighted bad politics and flagrant abuse of our planet.
Its all about energy, and unfortunately the FOMC has no control over our energy policy. I'd bet they are a little smarter than the crooks who set who gets ethanol subsidies.
ag wouldn't be on fire if the govt didn't screw up with these ethanol subsidies, and oil wouldn't be $80 if we had a decent energy policy which focused on forced reduced consumption and *real* rampup of cheap and clean alternatives (nukes, wind etc)
vectors101
Guest
what meltdown..
moron banks played russian roullette and lose billions and it's their problem
the meltdown already happened.. FED is bailing out the banks...
moron banks played russian roullette and lose billions and it's their problem
the meltdown already happened.. FED is bailing out the banks...
Quote from mschey:
I don't buy the Greenspan put is in place anymore, I just think that something is looming that could cause a meltdown and the FED is trying to stay it off!
vectors101
Guest
you have to understand the banks rule the financial markets and can maniupulate markets at will..they can jack up inflation if they want to.
Quote from vectors101:
what meltdown..
moron banks played russian roullette and lose billions and it's their problem
the meltdown already happened.. FED is bailing out the banks...