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looks like gonna be an ugly start for wall st.

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Dancing Fire

Dancing Fire

Super_Ideal_Rock
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I''ve come to the conclusion that Obama and his followers not only don''t care about the stock market, they WANT it to go down. The sooner all the capitalist pigs are dead, the better as far as they''re concerned. Then the soothing wash of socialism will go down so much easier!

I don''t know what other conclusion you can draw from this bunch who are either bumbling and inept or know exactly what they are doing.

We''re going back to the pre-irrational exuberance days now! I was the most bearish SOB around 4-5 years ago but even I would never have believed this!
 
Those of you in the market now are made of stronger stuff than I.

I yanked everything in Feb 2008 and I''ve not dipped a toe in since.
 
I trade it. I don''t invest. I stopped doing that in 1994. I get in knowing where I am wrong and if I''m wrong, I get out.
 
Date: 3/2/2009 11:14:45 AM
Author: tradergirl
I''ve come to the conclusion that Obama and his followers not only don''t care about the stock market, they WANT it to go down. The sooner all the capitalist pigs are dead, the better as far as they''re concerned. Then the soothing wash of socialism will go down so much easier!


I don''t know what other conclusion you can draw from this bunch who are either bumbling and inept or know exactly what they are doing.
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This is quite possibly the scariest time in our financial history. Not because we won''t get through this immediate "crisis" but because when we do, we''ll no longer recognize this country.
 
If you don't know the name "George Soros" yet, you will soon. A ludicrously wealthy man who made a lot of his money torching the currencies and economies of other countries. A huge Obama supporter and backer of Moveon.org among other ultraliberal think tanks.
 
i sold all my wife''s 401k when the Dow was trading at 13,100,S&P was trading at 1495 in April of 07 and of course i was so smart that i bought into financial crap in June of 08.
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Date: 3/2/2009 11:46:07 AM
Author: tradergirl
If you don''t know the name ''George Soros'' yet, you will soon. A ludicrously wealthy man who made a lot of his money torching the currencies and economies of other countries. A huge Obama supporter and backer of Moveon.org among other ultraliberal think tanks.
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Quite familiar with him and his organization. His influence is unmatched, yet we hear relatively little of his tactics. No surprise there, I guess.

Dancing Fire-I cashed out my 401 after about a 15% dump. With an inkling of what was ahead I took the penalty, paid the tax and got out of debt with the balance. Savings depleted by my own hand, not the market. Debt gone. In light of what''s going on out there, I don''t think I made the worst decision ever.
 
Wait until they figure out the .gov cant do anything to stop the slide and that what they are doing is just going to make it worse.
Even if you manage to make money the .gov is going to steal it at gunpoint.
Hello 5000
 
Obama and his Obamabots own this crash. It really started accelerating in September when his buds attacked the money market funds to make sure he''d be elected. I think they want it. I really do.
 
Date: 3/2/2009 3:46:12 PM
Author: tradergirl
Obama and his Obamabots own this crash. It really started accelerating in September when his buds attacked the money market funds to make sure he''d be elected. I think they want it. I really do.
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I agree. 100%. What better way to make the prospect of a Socialist agenda appealing to the masses. I knew he had it in him and I know for sure the liberal Dems are hell-bent on it. I just didn''t think it would happen at such lightening speed.

I think it''s time to bring back Carter''s "misery index". Only this time add a few more negative numbers to the scale.
 
Let me get it straight. Thanks to the wars and the policies implemented by the Bush in the last 8 years, the economy is sinking right now. What Obama is doing is trying his best to fix this historical deficient and economic crisis, and some of you are only capable of an interpretation of "socialism agenda"?
 
 
What''s laughable is comparing the impact of an 8-years-long presidency to that of 2-months-long presidency, and calling the 2-months-long the evil.
 
Date: 3/2/2009 5:32:58 PM
Author: zhuzhu
What''s laughable is comparing the impact of an 8-years-long presidency to that of 2-months-long presidency, and calling the 2-months-long the evil.
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I''m a republican, but er, I gotta agree!!
 
Date: 3/2/2009 5:03:01 PM
Author: zhuzhu
Let me get it straight. Thanks to the wars and the policies implemented by the Bush in the last 8 years, the economy is sinking right now. What Obama is doing is trying his best to fix this historical deficient and economic crisis, and some of you are only capable of an interpretation of ''socialism agenda''?
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zhuzhu, I haven''t been around here long...but when I see a post like this, I just stay away. It''s easier to not get involved then to try to tell them that us Obama supporters (not including you necessarily, but I''m one of them) actually have brains, and LIKE the changes Obama is bringing about.

I, too, find it interesting that somehow everything, including the economic crisis that started before he was president, can somehow be blamed on Obama. Nevermind the 8 years of tax cuts to the rich, a war that has drained our countries coffers, and the bill of rights violations that were a hallmark of the Bush administration.

I now realize that it''s Obama''s fault. Thanks for informing, me guys! He tricked me for so long!
 
This thread isn''t about whether you all ike the "changes." You may like them but the market does not, and that is the topic of discussion.

This crash made me money too but I find this leg down to be sickening as to what it''s doing to people.

The leg down since November 4 IS HIS FAULT. It has nothing to do with Bush, time to put that straw man in the closet. Your boy owns this economy and this market crash. The market it saying it doesn''t like socialism, tax policy hostile to business, his worthless Treasury Secretary, etc.
 
Um . . . . the most violent and destructive part of this crash has been in the last two months.
 
Date: 3/2/2009 6:14:28 PM
Author: tradergirl
This thread isn''t about whether you all ike the ''changes.'' You may like them but the market does not, and that is the topic of discussion.


This crash made me money too but I find this leg down to be sickening as to what it''s doing to people.


The leg down since November 4 IS HIS FAULT. It has nothing to do with Bush, time to put that straw man in the closet. Your boy owns this economy and this market crash. The market it saying it doesn''t like socialism, tax policy hostile to business, his worthless Treasury Secretary, etc.
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...And let''s not forget who owns the stimulus pork package the market doesn''t seem to like either.
 
Here we go again ... what a pointless "discussion". The usual suspects will believe what they want to - so just go ahead an have a private Obama bashing party and self-indulge in framing the current economic situation just the way you like it. Have fun.
 
Date: 3/2/2009 6:40:36 PM
Author: rob09
Here we go again ... what a pointless ''discussion''. The usual suspects will believe what they want to - so just go ahead an have a private Obama bashing party and self-indulge in framing the current economic situation just the way you like it. Have fun.
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just like the libs blamed everything on Bush?
 
[Out-of pricescope reply:]
- Rob is having coffee, cookies and a nice chat with "the market" -
 
Exactly, and continue to if they think they can get away with it.
 
what i hate is that they keep on giving drugs to drug addicts like AIG,banks and auto companies,let them die. i don't mind us taxpayers helping them Co's out on a one time deal,but every month?
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Unfotunately, AIG can''t be allowed to die. It is interconnected with so many other entities, it would drag the whole system down. If you didn''t see the piece in yesterday''s NYT about AIG, take a look. A lot of people think that allowing Lehman to go down caused a lot of this problem. Guess we''ll find that out in a few years.

I have an appetite for risk and have done things like sell naked puts but reading what they did shocks even me. Imagine if you sold naked puts, took the proceeds and used it as margin to sell more naked puts. All of this leverage with no equity at all. And then you were wrong!
 
nothing wrong with selling naked puts as long as you don''t mind owning the stock at the strike price. methink the S&P will hit 660-650 sometime this week.
 
Date: 3/2/2009 5:32:58 PM
Author: zhuzhu
What''s laughable is comparing the impact of an 8-years-long presidency to that of 2-months-long presidency, and calling the 2-months-long the evil.
Click to expand...


Approximately 7 years into the Bush presidency, the Dow hit an all-time high. But I suppose no credit is due there and he must only "own" the downturn, yes?

And while Obama has only been around 2 months, let''s not forget he''s now the most powerful person in the world. No question damage can be done in just 2 months. There are plenty of people who believe while not "evil" (your word) he has in fact, done harm. I''m not alone in that thinking...

http://online.wsj.com/article/SB123604419092515347.html
 
Beebrisk, a lot of us thought the worst case scenario was that he would become Carter. Now we only hope he can rise back to the level of Carter. This administration is a disaster already. The good news is that it is bringing the conservatives back together in a hurry. The country will follow, except for a few of the dilettantes who are more concerned with Michelle Obama''s arms and fashion. Of course, those are all 24 year olds or fashionistas with a trust fund.
 
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