dmarc117 Posted October 13, 2008 Share Posted October 13, 2008 Quote Link to comment Share on other sites More sharing options...
moneymakers Posted October 13, 2008 Share Posted October 13, 2008 (edited) Gas @ 2.75 a gallon female VP It must all be a dream Edited October 13, 2008 by moneymakers Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted October 13, 2008 Share Posted October 13, 2008 Did someone look up and realize the sky isn't falling? Or, is this just the calm before the storm? Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted October 13, 2008 Share Posted October 13, 2008 Just looked... Dow 9,364.83 +913.64 (10.81%) Nasdaq 1,832.40 +182.89 (11.09%) S&P 500 1,003.74 +104.52 (11.62%) I laugh at all the fools who sold on Friday. As Douglas Adams once said, "DON'T PANIC" There will likely be a hugh last hour selloff or the bottom will fall out tomorrow Quote Link to comment Share on other sites More sharing options...
budlitebrad Posted October 13, 2008 Share Posted October 13, 2008 (edited) I don't know if there will be another massive sell-off, but I doubt the worst has passed. Most of us have yet to feel any effects of this "crisis". VIX still high at 55, btw. Edited October 13, 2008 by budlitebrad Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted October 13, 2008 Share Posted October 13, 2008 And if that doesn't happen? Then what doesn't go down must go up (or flatline). I really think that after a jump of this magnitude there will be significant profit-taking. Quote Link to comment Share on other sites More sharing options...
twiley Posted October 13, 2008 Share Posted October 13, 2008 Or, is this just the calm before the storm? I was over at a friends house on Saturday that owns a financial advise/planning firm and the hair on the back of my neck is standing up today because he predicted that this would happen. He also told me that he hopes he's dead wrong on his other prediction after this week. He was tossing around 7200 and I wasn't liking that one bit. Quote Link to comment Share on other sites More sharing options...
WaterMan Posted October 13, 2008 Share Posted October 13, 2008 Like I said, the people in the know are making a killing off this. Quote Link to comment Share on other sites More sharing options...
TDFFFreak Posted October 13, 2008 Share Posted October 13, 2008 Just looked... Dow 9,364.83 +913.64 (10.81%) Nasdaq 1,832.40 +182.89 (11.09%) S&P 500 1,003.74 +104.52 (11.62%) I laugh at all the fools who sold on Friday. As Douglas Adams once said, "DON'T PANIC" Look, I love a day like this and it is much needed, but one day versus all those awful days doesn't exactly put me at ease. I didn't sell nor am I looking to at the moment, but to think that this absolutley marks the end of the downward trend is hopeful thinking. I am just praying that we can stablize here over the next year and then start to climb again, Quote Link to comment Share on other sites More sharing options...
Avernus Posted October 13, 2008 Share Posted October 13, 2008 this crap is over-manipulated....I've been done with stocks for awhile.... it's just no good no matter which way I look at it... Quote Link to comment Share on other sites More sharing options...
muck Posted October 13, 2008 Share Posted October 13, 2008 We'll see where it goes from here, but I've reinstituted the short position I covered on Friday... Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted October 14, 2008 Share Posted October 14, 2008 We'll see where it goes from here, but I've reinstituted the short position I covered on Friday... This means you expect to see a drop, probably based on short term profit taking, yes? Quote Link to comment Share on other sites More sharing options...
Avernus Posted October 14, 2008 Share Posted October 14, 2008 Look, I love a day like this and it is much needed, but one day versus all those awful days doesn't exactly put me at ease. I didn't sell nor am I looking to at the moment, but to think that this absolutley marks the end of the downward trend is hopeful thinking. I am just praying that we can stablize here over the next year and then start to climb again, this just lures in more buyers and then more losses.... Quote Link to comment Share on other sites More sharing options...
muck Posted October 14, 2008 Share Posted October 14, 2008 This means you expect to see a drop, probably based on short term profit taking, yes? I re-examine positions on Fridays ... the models are far less short-biased than they were a couple of weeks ago ... so, with a modestly down week from here on out (+11% on Monday and say, -2% to -4% from Tuesday to Friday afternoon), we may be even less bearish, and could even lurch to a slightly long position. We'll see. Quote Link to comment Share on other sites More sharing options...
muck Posted October 15, 2008 Share Posted October 15, 2008 Dow -350 ... wierd times ... Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted October 15, 2008 Author Share Posted October 15, 2008 Dow -350 ... wierd times ... vix is up today, but the individual names i trade dont seem to have much of a vol pop. Quote Link to comment Share on other sites More sharing options...
Rebellab Posted October 15, 2008 Share Posted October 15, 2008 Is there that much doubt out there that they are not selling bonds as well. 10 yr is at 4.07 last I checked. I am watching that because of mortgage rates. I may have to buy a house in the next month or so. I missed the good rates last two weeks ago and now 30 year fixed is at 6.25%. I would think people would be buying bonds, but they must be bad as well. Quote Link to comment Share on other sites More sharing options...
muck Posted October 15, 2008 Share Posted October 15, 2008 People are buying bonds ... billions and billions of dollars of NEW bonds ... supply is high, prices are low (and therefore yields are high) ... Quote Link to comment Share on other sites More sharing options...
TimC Posted October 15, 2008 Share Posted October 15, 2008 this crap is over-manipulated....I've been done with stocks for awhile.... it's just no good no matter which way I look at it... Yep, the craps table is less volatile...and with more upside. What else can the Fed do to manipulate the market now? Quote Link to comment Share on other sites More sharing options...
muck Posted October 15, 2008 Share Posted October 15, 2008 Dow -350 ... wierd times ... -550 Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted October 15, 2008 Author Share Posted October 15, 2008 vol creepin up!!! Quote Link to comment Share on other sites More sharing options...
CaP'N GRuNGe Posted October 15, 2008 Share Posted October 15, 2008 Relax and have a Coke. Quote Link to comment Share on other sites More sharing options...
dmarc117 Posted October 15, 2008 Author Share Posted October 15, 2008 cnbc saying alot of hedge funds having to liquidate Quote Link to comment Share on other sites More sharing options...
Avernus Posted October 15, 2008 Share Posted October 15, 2008 Yep, the craps table is less volatile...and with more upside. What else can the Fed do to manipulate the market now? ahah the comparison was spot on... Quote Link to comment Share on other sites More sharing options...
H8tank Posted October 15, 2008 Share Posted October 15, 2008 Watch this. Quote Link to comment Share on other sites More sharing options...
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