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03-17-2008, 06:11 AM
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#676 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
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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.
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03-17-2008, 07:54 AM
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#677 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
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| 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.
__________________ Quote:
Originally Posted by Culture_Vulture  sometimes I like to use kindergarten art class scissors to cut my pubes |
Last edited by Gt-R R34; 03-17-2008 at 07:54 AM.
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03-17-2008, 09:31 AM
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#678 | | SFICC-05*
Join Date: Mar 2002
Posts: 7,135
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LEH down 30%, hope some of y'all got in the short!
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Originally Posted by Hyde nammer don't listen to me, they listen to money. do you know how cheap it is to have someone killed in vancouver? let alone a beat down | | |
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03-17-2008, 09:39 AM
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#679 | | Diagonally parked in a parallel universe
Join Date: Dec 2001 Location: Vancouver
Posts: 1,401
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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.
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03-17-2008, 10:33 AM
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#680 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
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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
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asdf
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03-17-2008, 10:37 AM
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#681 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
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__________________
asdf
Last edited by willcls; 03-17-2008 at 10:39 AM.
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03-17-2008, 11:13 AM
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#682 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
Posts: 223
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^^ 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"..
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Boo
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03-17-2008, 11:31 AM
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#683 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
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apr $30 puts
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asdf
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03-17-2008, 12:44 PM
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#684 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
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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
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
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03-17-2008, 12:58 PM
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#685 | | Wunder? Wonder?? Wander???
Join Date: Jul 2002 Location: Vancouver
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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..
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Boo
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03-17-2008, 01:11 PM
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#686 | | Everyone wants a piece of R S...
Join Date: Oct 2005 Location: Vancouver
Posts: 384
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So i am in TMA for this week, it's holding quite nice with the market bouncing up and down, anyone else joined ??
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03-17-2008, 01:44 PM
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#687 | | Banned By Establishment
Join Date: Mar 2006 Location: Richmond
Posts: 12,484
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everyone is going to go broke.
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03-17-2008, 02:52 PM
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#688 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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| 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.
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03-17-2008, 08:41 PM
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#689 | | Raping Captured Dolphins since 2002 on EZ board days
Join Date: Jul 2002 Location: Hong Kong
Posts: 6,251
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FMCN - Focus Media. Dropped 27% yesterday to 32.19. Brokers are estimating it bounce back to 60-80 but will probably hit $50 tomorrow.
__________________ Quote:
Originally Posted by asian_XL apparently, freedom of speech does not exist on RS
| Quote:
Originally Posted by Alphamale I give a lot of people rim jobs. | My Feedback | |
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03-18-2008, 01:32 AM
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#690 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
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| 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 
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asdf
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03-18-2008, 01:28 PM
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#691 | | I don't get it
Join Date: Mar 2006 Location: Vancouver
Posts: 447
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market turn around? apple break out? waht do you guys think
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03-18-2008, 01:33 PM
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#692 | | Everyone wants a piece of R S...
Join Date: Oct 2005 Location: Vancouver
Posts: 384
Thanked 93 Times in 49 Posts
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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
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03-18-2008, 01:43 PM
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#693 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
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| 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.
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03-18-2008, 01:44 PM
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#694 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
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| 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
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03-18-2008, 03:00 PM
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#695 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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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
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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03-18-2008, 09:42 PM
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#696 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
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| 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~
Last edited by McDick; 03-18-2008 at 09:47 PM.
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03-18-2008, 09:51 PM
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#697 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
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| 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
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03-19-2008, 12:01 AM
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#698 | | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
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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
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asdf
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03-19-2008, 06:05 AM
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#699 | | Where's my RS Christmas Lobster?!
Join Date: Mar 2003 Location: Downtown
Posts: 836
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who is buying V this am?
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03-19-2008, 06:16 AM
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#700 | | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
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| Quote: Originally posted by MASTER WA
who is buying V this am? |  | |
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