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McDick 03-17-2008 05:11 AM

I think GS is the only one that will survive.
I do believe LEH is next in line.

More rate cuts are coming, I expected it will hit 2% by summer. Therefore, I am buying GG today/tomorrow!

US is in recession, no doubt about that. Seriously, I think it's better to let the market fall rather than FED coming in "trying" to help out. FED are killing investors slowly. I would let the market crashes and recovers by itself.

I feel sad for investors who lost everything in BSC. Their retirement funds just went down the drain. I wonder how that going to help US to recover. It will just getting a lot worst.

Gt-R R34 03-17-2008 06:54 AM

Quote:

Originally posted by McDick
I think GS is the only one that will survive.
I do believe LEH is next in line.

More rate cuts are coming, I expected it will hit 2% by summer. Therefore, I am buying GG today/tomorrow!

US is in recession, no doubt about that. Seriously, I think it's better to let the market fall rather than FED coming in "trying" to help out. FED are killing investors slowly. I would let the market crashes and recovers by itself.

I feel sad for investors who lost everything in BSC. Their retirement funds just went down the drain. I wonder how that going to help US to recover. It will just getting a lot worst.

jst think of the 14,000 employee's whos retirement fund is in BSC stocks.

Can't let the market crash, because this sub-prime mortgage isn't 1 company or a day thing, If they do it's notgonna be a great depression, but ithink they worried that they might hit that far down as the 70's fuel crisis recession.

Recession as will said is inevitable.

chun 03-17-2008 08:31 AM

LEH down 30%, hope some of y'all got in the short!

97ITR 03-17-2008 08:39 AM

It appears the feds are delaying the inevitable depression. What they're doing now is just merely going to drive up inflation which, in turn, will cause even more pain down the road.

willcls 03-17-2008 09:33 AM

bout a few puts on LEH first thing in the morning this shit is making me a nervous wreck the implied volatility is in the thousands for the front month
will see how it plays out

willcls 03-17-2008 09:37 AM

weeee everything is red
http://finance.yahoo.com/actives?e=us

Scoobysnax 03-17-2008 10:13 AM

^^ Which puts did you buy? April $10 puts? Their conference call tomorrow should be interesting to hear.. Probably more BS like what Bears CEO said last week.. "liquidity is fine"..

willcls 03-17-2008 10:31 AM

apr $30 puts

Gt-R R34 03-17-2008 11:44 AM

sold off a lot of my non-core holdings. I can't stress enough rite now, holding on to cash!

Or...if it was 2 months ago..buy futures in GOLD/SILVER/RY LOL

Scoobysnax 03-17-2008 11:58 AM

LEH is a huge roller coaster ride. From 20 to 30 in a less than 2 hrs.. The people holding that stock overnight really have balls..

Jonydakiller 03-17-2008 12:11 PM

So i am in TMA for this week, it's holding quite nice with the market bouncing up and down, anyone else joined ??

Meowjin 03-17-2008 12:44 PM

everyone is going to go broke.

wouwou 03-17-2008 01:52 PM

Quote:

Originally posted by MajinHurricane
everyone is going to go broke.
they will be fine slong as they are not doing margins.

Borrowing to invest is stupid to begin with, especially if you have no means to cover it.

the market will recover eventually, most investors will lose the time value of their money, and feel crappy for a few years.

That's why educated investors spread the cost of investment instead of doing it in one shot.

RFlush 03-17-2008 07:41 PM

FMCN - Focus Media. Dropped 27% yesterday to 32.19. Brokers are estimating it bounce back to 60-80 but will probably hit $50 tomorrow.

willcls 03-18-2008 12:32 AM

Quote:

Originally posted by Scoobysnax
LEH is a huge roller coaster ride. From 20 to 30 in a less than 2 hrs.. The people holding that stock overnight really have balls..
not me i got out intraday
i dont want to hold before the fed announcement:high:

Cloudy_Hair 03-18-2008 12:28 PM

market turn around? apple break out? waht do you guys think

Jonydakiller 03-18-2008 12:33 PM

TMA is up 32% today, nice nice :)
One thing i was looking at is BSC, it went over $7 today earlier, must be nice if you are a daytrader with guts, coulda got some at 2.xx...dam

Mananetwork 03-18-2008 12:43 PM

Quote:

Originally posted by Cloudy_Hair
market turn around? apple break out? waht do you guys think
The way I see it is, Monday's opener are usually the worst! Tuesday's ends up being a recovery. The rest of the week will be stagged till Friday.

Mananetwork 03-18-2008 12:44 PM

Quote:

Originally posted by Jonydakiller
TMA is up 32% today, nice nice :)
One thing i was looking at is BSC, it went over $7 today earlier, must be nice if you are a daytrader with guts, coulda got some at 2.xx...dam

I was slowly following TMA, but because of the market I haven't invested anything right now. I'm saving it for Visa.
Ya, but unless you bought the day before you've made nothing so far

wouwou 03-18-2008 02:00 PM

and I wouldnt touch BSC @ 7ish

I was planning to get in on C yesterday, but my order wasnt filled

THERE GOES MY 46" FLAT SCREEN TV

McDick 03-18-2008 08:42 PM

Quote:

Originally posted by Cloudy_Hair
market turn around? apple break out? waht do you guys think
US is not out of the wood yet.
US market will test new low before starting to recover in the summer. It's way too early to tell that the worst is over.

Apple is good stock to buy at this level. Their support level is around $119.

I am betting gold will rebound next week. I just got "GG" today after gold stocks got beaten up this week. I don't see why gold is not going to trade any higher especially when interest rate cut another 1% in the past 3 days.

I got really good profit on GS and LEH over the past 2 days. So, I am throwing my profits on GG.
In this market, just do the opposite on what most traders think.

I am taking a wild guess to sell LEH, GS, BCS after today. Today's action sounds like we have bottomed which I don't believed so soon yet~

bossxx 03-18-2008 08:51 PM

Quote:

Originally posted by Cloudy_Hair
market turn around? apple break out? waht do you guys think
I like Apple right now. I would buy if I didn't have my cash tied up in other holdings.

GL

willcls 03-18-2008 11:01 PM

imo now is not the time to be buying precious metal stocks. US dollar looks like it wants to stop the bleeding at least for a bit. euro down, swiss franc down, yen down, gold down, silver down, platinum down, palladium down. everything is kinda pointing to a relative top for the short term.the line of least resistance for precious metal producers are down.

anyways be nimble and stay disciplined guys cause one thing we can count on to continue is the volatility. for those of you who buy and hold/longterm investors, now isnt a bad time to review your portfolio maybe trim a few losers/lock in profits here and there and sell into this strength and stay safe in cash till this blows over. dont get excited over these 400 point up days cause they mean shit in the long run. the biggest one day gains are usually experienced during bear markets just like after the tech bubble. seems like the market just takes 1 step forward and 3 steps back.. sigh

l4d2_sarge 03-19-2008 05:05 AM

who is buying V this am?

Mananetwork 03-19-2008 05:16 AM

Quote:

Originally posted by MASTER WA
who is buying V this am?
:D


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