What Did Geithner Do Exactly?

[stock_trad3r]

Quote from MrDODGE:

Couldn't they have announced this plan weeks ago?

No wonder the market is disappointed. The plan is no different than TARP I except for the private investment idea that WON'T WORK. They are trying to pass off all the risk to private investors. So much for a comprehensive financial bailout plan.

Geithner is even worse than Paulson. We are f**ked as a country.

Kneejerk reaction. Market will recover soon. This is great news. MOre stimulus., more fed action.

 

[Mvic]

Quote from Mvic:

Odds on being down 500 points by the close? 70%

Or will the PPT step in to make G look good?

If the PPT is going to give it a go watch out between 2:45-3:45.

 

[good one]

Quote from Mvic:

If the PPT is going to give it a go watch out between 2:45-3:45.

thanks for that brilliant analysis.

 

[Random.Capital]

Looks like even the iPhone crowd is catching onto the game - a "Deficit Calculator" app is available, presumably based on what is happening in Congress right now and measuring the federal debt increase since the inauguration:

http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=303821689&mt=8

The release note is pretty funny and a bit of a sign of the times:

The deficit has climbed so rapidly it has caused an overflow bug in the displayed total where the two least significant digits are no longer displayed. The fix for this has already been released and should be available as a free update in a few days.

Obama may end up with the shortest new-admin honeymoon in US presidential history (not a judgement, just an observation).

 

[MAESTRO]

Geithner looked like a school boy caught peeking into a girl's bathroom. Hard to believe that he is "the best man for the job". Not a hint of confidence, no charisma, no ability to speak, no straight look in the eyes = from my psychological analysis the guy is hiding something; he is not telling the truth!

 

[Illum]

Did anyone really think we were entering a new bull market?

 

[Mvic]

Quote from jdeezero05:

thanks for that brilliant analysis.

Do you have anything to add beyond sarcasm?

 

[stock_trad3r]

PLZ stop selling ppl. Forbes.com will have an interesting article about how this isnt the time to panic. Seeking alpha says time to buy the dips.

 

[AMT4SWA]

Quote from spanish89:

you gone long oil yet AMT4SWA??

or you gan wait for 37.86??

yes sir.....been playing the LONG side for a couple of weeks now......my posts are around ET somewhere....LOL!

 

[AMT4SWA]

Quote from stock_trad3r:

PLZ stop selling ppl. Forbes.com will have an interesting article about how this isnt the time to panic. Seeking alpha says time to buy the dips.

As I have told you OVER and OVER again on EVERY RALLY......"Stay SHORT, and Stay OFTEN!!!" :eek: