Sucker's rally here

[thomfergu]

of course .whom else?

 

[myminitrading]

Quote from Algorithm:

How about a slowing economy to the point the Fed has to cut rates? Retest recent lows to confirm/find bottom?

I think anyone calling this market either way right now is kidding themselves. I was as bullish as you could be until about a week ago (didn't think that cuts were needed and really still don't...but). We are going to have to see how the jobs picture develops and the Beige Book, etc...

I think a slowdown would be a good thing but a slowdown with Fed easing is going to eventually just lead to heavier rate hikes in the future. Let the economy moderate, the overleveraged idiots take their medicine and those that have capital invest it wisely.

The last thing we need now are securities being propped up through governmental intervention, 5.25% is not that tight and if there's any cutting it's only going to be .25bps. If you can't grow your business and make money with a 5% funds rate, you deserve to be out of business and starved of capital.

Good Luck!

I like the way you think.

 

[MajorUrsa]

Quote from stock_trad3r:

by the time of the fed meeintg the dow will be above 14000 so it wont matter if he cuts or not

Ah, there you are: time to short!

 

[pumpanddumper]

Quote from MajorUrsa:

Ah, there you are: time to short!

Yep, just do the opposite of stock turder. He's the perfect contrarian indicator. I think he was posting to sell a couple weeks ago on that beautiful dip buying opportunity. Smart money and traders are now selling those positions and resume shorting.

 

[abc1]

Quote from thomfergu:

of course .whom else?

Thought you may have meant me because your words were below my comment; although I did assume you were referring to the insightful words of our learned friend with the numerals in his name, 5t0ck tr8d3r.

abc1

 

[stock_trad3r]

Quote from pumpanddumper:

Yep, just do the opposite of stock turder. He's the perfect contrarian indicator. I think he was posting to sell a couple weeks ago on that beautiful dip buying opportunity. Smart money and traders are now selling those positions and resume shorting.

Dumbass the dow was at 13000 when I told people to buy the dip. Now it is only 550 points away from 14000.

The dow only closed below 13000 for just a few days. Few shorts made much money during this subprime selloff.

 

[smilingsynic]

Quote from stock_trad3r:

Dumbass the dow was at 13000 when I told people to buy the dip. Now it is only 550 points away from 14000.

The dow only closed below 13000 for just a few days. Few shorts made much money during this subprime selloff.

Um, YOU were telling people to buy it all the way down. It was way before 13000, more like 14000. Enough with the revisionist history, OK?

Some of us made money short on the way down (I actually did better with the long Yen than short S&P), and some of us bought close to the bottom and are still long (but less so than when we were). I even got me some AAPL, one of your favorites.

It's called TRADING, son.

 

[dhpar]

why is trading better than investing?

ultimately it is a net return what matters.

 

[detective]

Quote from Algorithm:


I think a slowdown would be a good thing but a slowdown with Fed easing is going to eventually just lead to heavier rate hikes in the future. Let the economy moderate, the overleveraged idiots take their medicine and those that have capital invest it wisely.

The last thing we need now are securities being propped up through governmental intervention, 5.25% is not that tight and if there's any cutting it's only going to be .25bps. If you can't grow your business and make money with a 5% funds rate, you deserve to be out of business and starved of capital.

Good Luck!

The Fed will never go to high interest even with rampant inflation. The era of high interest rates to curb inflation is over. The Fed will just accept it, because although they talk tough on inflation, they are a bunch of pansies that could care less if the dollar doesn't even buy you a stick of gum.

They will just try and punish the savers so that the borrowers can be bailed out. The borrowers have all the power in the U.S., savers are screwed. Get your confetti cash boys!

 

[myminitrading]

Quote from detective:

The Fed will never go to high interest even with rampant inflation. The era of high interest rates to curb inflation is over. The Fed will just accept it, because although they talk tough on inflation, they are a bunch of pansies that could care less if the dollar doesn't even buy you a stick of gum.

They will just try and punish the savers so that the borrowers can be bailed out. The borrowers have all the power in the U.S., savers are screwed. Get your confetti cash boys!

Borrowing is how they make money, fed loves wars. Abolish the Federal reserve and fractional reserve banking and america will thrive.