non-partisan feelings on bailout

[VolsNSkinsFan]

gold is on the move

Yep... I am am seriously thinking of buying the ultra long financial etf... its down 17% right now and near a all time low.

Someone tell me I am crazy

 

[joevol320]

gold is on the move

what is gold up now? has it gone up?

 

[droski]

i'd buy the ultra long QQQs. QLD.

 

[MontereyVol]

what is gold up now? has it gone up?

go to marketwatch.com Gold is up $6.00 but down from the high I saw of $10.00.

 

[MontereyVol]

WOW, the bailout failed?!?

 

[VolsNSkinsFan]

i'd buy the ultra long QQQs. QLD.

I am like a deer in headlights... Vix is above 46, this is beyond big boy territory. I am just going to watch

 

[WA_Vol]

When Warren Buffet gave his endorsement of the bailout, he convinced me it was in the long term interest of the country.....assuming regulation is passed so this won't happen again.

 

[droski]

VIX is close to it's all time high. buy like crazy.

 

[VolsNSkinsFan]

VIX is close to it's all time high. buy like crazy.

Thats what I did when the VIX hit an all time high last week and look where it got me. Ahh this is tough

 

[MontereyVol]

Watch this it looks like a rebound? People are buying up like crazy!!!

 

[VolsNSkinsFan]

Long UYG at 16.99... balls of steel trade

 

[VolsNSkinsFan]

per the NYT... House attempting 2nd try to pass bill... Time for another roller coaster

 

[MontereyVol]

AAAAAaaaaaaagh!!!! MontereyVol jumped out the window....

 

[TheDeeble]

per the NYT... House attempting 2nd try to pass bill... Time for another roller coaster

I wish they'd not.

 

[VolsNSkinsFan]

I wish they'd not.

You got your wish... per CNBC 2nd vote isnt happening

 

[droski]

Thats what I did when the VIX hit an all time high last week and look where it got me. Ahh this is tough

nope it hit 40 last week. i have a nice profit on my mer from last weds. not my qld though.

 

[VolsNSkinsFan]

nope it hit 40 last week. i have a nice profit on my mer from last weds. not my qld though.

The federal reserve is forced to do an emergency rate cut nowm, dontcha think?

 

[TheDeeble]

You got your wish... per CNBC 2nd vote isnt happening

I've read enough that made me believe the bill just wasn't what needed to be done. For the most part, the only people I could find supporting it, were govt official/politicians. Just about everything else I've seen said it's a bad idea.

 

[VolsNSkinsFan]

I've read enough that made me believe the bill just wasn't what needed to be done. For the most part, the only people I could find supporting it, were govt official/politicians. Just about everything else I've seen said it's a bad idea.

Thats funny because it was politicans who voted it down

Wachovia Bank just opened for trading down 90%.

Over/under on amount of banks that fail by tomorrow?

Alot

 

[droski]

The federal reserve is forced to do an emergency rate cut nowm, dontcha think?

not sure it makes a difference

 

[droski]

I've read enough that made me believe the bill just wasn't what needed to be done. For the most part, the only people I could find supporting it, were govt official/politicians. Just about everything else I've seen said it's a bad idea.

the only people thinking this didn't need to be done are those who don't understand how screwed we are right now.

 

[notverycrucial]

Thats funny because it was politicans who voted it down

Wachovia Bank just opened for trading down 90%.

Over/under on amount of banks that fail by tomorrow?

Alot

I'll say none.

 

[TheDeeble]

the only people thinking this didn't need to be done are those who don't understand how screwed we are right now.

Could be I suppose. One reason why I hate not being as knowledgable as others on this subjct.

Although there was a lot of folks saying it wouldn't be pretty, just that the bill would have made it worse.

 

[myrobbins7]

not sure it makes a difference

I agree, not in this market..

 

[myrobbins7]

The VIX..Wow..