Worst Wall Street Clichés

[Buzzed]

"A zero sum game." It's more like playing hot potato, with a grenade.

 

[fkbsuhites]

Uncorrelated returns.

Annualized returns.


lol.

 

[Illum]

Quote from mokwit:

We expect the market to trade in a range between [insert two very far away points for high and low here]

lol

 

[Sanaz3]

"investors rushed to safe-havens like Gold today..."

and the next day they "apparently" rush back to the very same stocks they sold off the day before

 

[Rashid_G.]

"Money on The Sidelines".... and it never runs out! Dow 20k and there'll still be money on the sidelines..

 

[rew]

Quote from bwolinsky:

It's also been thrown around twice on CNBC in the last month. Almost like saying, "Good idea! Now go do it."

How about the next one from Obama:

Something like: "if you're in the business of bilking people out of money..." to paraphrase him referring to Wall Street and Financial Reform.

While many people on Wall Street are in the business of bilking people out of money, the government certainly is as well. The states, not Wall Street, are running all those lotteries. But at least those are voluntary, unlike taxes and Obamacare.

 

[schizo]

It came in better than expected (or feared) (Oh, really?)

The economists always revise the number (usually so low that you would be a dumbass not to beat it) that is advantageous to the market. Well, what do you expect? They're ALL on somebody else's payroll, aren't they?

 

[mokwit]

There used to be manipulation of stocks during the 1920's but that kind of thing doesn't happen anymore because the SEC is ever vigilant and clamps down on this sort of thing.

 

[pentothal]

Quote from NoDoji:

Oh come on, now, everyone knows that "technical selling" is selling that occurs because the market is down.

I'll love the see the media talking (and explaining) the opposite : "technical buying". It nevers happens!

 

[Chuck Krug]

Quote from NoDoji:
This final phrase isn't so much a Wall Street cliche as a complete mystery to me: "Goldman Sachs Raises XYZ From Conviction Sell To Sell"

Can someone please explain what, if any, action I should take when this occurs? [/B]

cover some of your short