The bear is out hibernation

[S2007S]

Quote from daddyeaux:

Fast Money should have some openings after Monday..

get out your DOW 10,000 hats for the occasion

btw, PIMCO is fairly pissed about no bail out of ___________ (fill in the blank)

FRE FNM have to roll $250 bill. of sewage by Oct. 1

I think the DOW gets down to 10k sometime in the next 6 months. I think its a 99% chance we get that low.

 

[detective]

Quote from trader_eight:

Setting up for a big bounce for tomorrow.

We've been consolidating for this selloff for the past 6 weeks. The bounce, if there is one, will be feeble. This down move is for real and will take the breath away from overanxious bottom pickers, who have sh*t all over their hands from one too many forays into the deep dark recesses.

Its an in your face bear market and instead of trying to short, people are trying to pick bottoms. The logic is beyond me...