The stock market thread part 2

#207
#207
lawgator1 said:
How much of this is shorting?

Can, and should, something be done to curb it?
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the banks are a lot of shorting. otherwise this is a lack of buyers here. let me ask you (and others) do you know anyone who says they are buying right now? anyone who isn't bearish? anyone who hasn't given up on this market?
 
#213
#213
nickknx865 said:
You may not agree with him, but to call him a moron is just plain wrong.
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well he's not a moron, he's very smart to fool 50+ million people in voting for him. (well not 50+, many of them are pretty ignorant and easily fooled) i'll say 20+million, he was able to fool. hopefully they've learned their lesson.
 
#217
#217
depends on what he says

since he hasnt said anything at all, it could be bad if he is still vague.

If he comes out guns blazing and is really confident and has a plan and sounds like he is in control, it could be the catalyst for a rally of the decade.

We are due for a huge rally, and we are also due for an "Oh Sh!t" down day (today was close, but we didnt have that hour of OMG, WTF is going on)

I bet $100 we open down 1% tomorrow morning.

We are so oversold its sick, we either rally off Geithners testimony, or we rally on the 6th after Jobs data shows that the world isnt ending. All the chartist are saying we are due for a monster rally and these chartist have been calling for pain since Summer 07


I am still calling a bottom of 688, so I will say we close tomorrow at 695 or something close to that
 
#218
#218
VolsNSkinsFan said:
depends on what he says

since he hasnt said anything at all, it could be bad if he is still vague.

If he comes out guns blazing and is really confident and has a plan and sounds like he is in control, it could be the catalyst for a rally of the decade.

We are due for a huge rally, and we are also due for an "Oh Sh!t" down day (today was close, but we didnt have that hour of OMG, WTF is going on)

I bet $100 we open down 1% tomorrow morning.

We are so oversold its sick, we either rally off Geithners testimony, or we rally on the 6th after Jobs data shows that the world isnt ending. All the chartist are saying we are due for a monster rally and these chartist have been calling for pain since Summer 07


I am still calling a bottom of 688, so I will say we close tomorrow at 695 or something close to that
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and the chances of this arrrrre?
 
#219
#219
all he has to say is "we are banning mark to market for XXX amount of time" and hte market would be up 1,000 points.
 
#222
#222
VolsNSkinsFan said:
OMG Geithner is going to testify tomorrow

this should be interesting
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Have to agree with all of you guys on him.

To have him come out like he did last time and say that he has absolutely nothing to tell us would be criminally irresponsible.

If he comes out and his sneering demeanor is as awful as it was the first time, that alone would be pretty bad.
 
#223
#223
Tomorrow will be an "oh crap" day for sure. This team of all-stars better start providing real plans or simply say they are going to get out of the way.
 
#225
#225
25% slash in S&P500 earnings and a pe multiplier of 6. Yep that is a worst case scenario


Her calling the bottom of 600 on S&P500 is interesting because I am looking for a big rally soon, but a 10% move at 600 S&P500 is only 60 points
 
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