# Morning Money Crew - Market closing up or down today? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [September 30, 2008, 6:15am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705 "2008-09-30T06:15:31Z")\ **Posts on this page:** 20\ **Page:** 3
**Author:** ![EvilJay](https://avatars.discourse-cdn.com/v4/letter/e/a5b964/32.png) [@EvilJay](https://forums.speedlife.net/u/EvilJay)\ **Post date:** [October 2, 2008, 6:30am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/41 "2008-10-02T06:30:20Z")
M&T stock is still going up every day…3 weeks ago it was at -60…now its at 98… I’m glad I bought into it. ---
**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\ **Post date:** [October 2, 2008, 6:32am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/42 "2008-10-02T06:32:57Z")
> [@Joe](#): > > ehh, futures are down big. unemployment numbers are very bad and people don’t trust the house. I say :meh: day, dow minus 30 you may be right… it’s already -57 ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [October 2, 2008, 6:43am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/43 "2008-10-02T06:43:44Z")
I’m a little late but pretty neutral day. Tomorrow will be the big mover. ---
**Author:** ![EvilJay](https://avatars.discourse-cdn.com/v4/letter/e/a5b964/32.png) [@EvilJay](https://forums.speedlife.net/u/EvilJay)\ **Post date:** [October 2, 2008, 6:46am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/44 "2008-10-02T06:46:37Z")
> [@JayS](#): > > I’m a little late but pretty neutral day. Tomorrow will be the big mover. Why’s that? I’m just trying to learn… ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [October 2, 2008, 6:51am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/45 "2008-10-02T06:51:34Z")
Tomorrow the house is going to vote on the bailout that the senate passed. Today might become a big mover if enough leaks about which way the house is leaning get out. PS: This is all speculation by me. I have no crystal ball telling me what this very volatile market is going to do day to day. 🙂 ---
**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\ **Post date:** [October 2, 2008, 6:53am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/46 "2008-10-02T06:53:46Z")
> [@JayS](#): > > Tomorrow the house is going to vote on the bailout that the senate passed. > > Today might become a big mover if enough leaks about which way the house is leaning get out. I figured people would have a feeling today and I think the house will say yay to it which is where I got my ++ from. ---
**Author:** ![Willybeen](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/willybeen/32/7351_2.png) [@Willybeen](https://forums.speedlife.net/u/Willybeen)\ **Post date:** [October 2, 2008, 6:55am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/47 "2008-10-02T06:55:26Z")
+178 today. ---
**Author:** ![EvilJay](https://avatars.discourse-cdn.com/v4/letter/e/a5b964/32.png) [@EvilJay](https://forums.speedlife.net/u/EvilJay)\ **Post date:** [October 2, 2008, 7:57am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/48 "2008-10-02T07:57:20Z")
+1 today, i’m going to win with price is right rules… ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [October 2, 2008, 7:59am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/49 "2008-10-02T07:59:01Z")
-130. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [October 2, 2008, 8:21am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/50 "2008-10-02T08:21:01Z")
$1. Not +$1. $1 close. Since we’re doing price is right style, anything less than -130 and i win. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [October 2, 2008, 8:51am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/51 "2008-10-02T08:51:29Z")
You pull the rip cord on the rest of your F/F yet? ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [October 2, 2008, 8:54am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/52 "2008-10-02T08:54:13Z")
nah, market is scared of the house, but they won’t let it fail again. Now that we have an extension of the short ban, im gonna wait til they vote and then dump it. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [October 2, 2008, 9:05am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/53 "2008-10-02T09:05:48Z")
If I had any more liquidity I’d dump it into GE right now and hold for a bit. Down 8% today and it could be a steal. Unlike FRE and FNM, I know it will still be around a year or 2 from now, but getting oversold like the rest of the financial sector on pure emotion. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [October 2, 2008, 9:06am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/54 "2008-10-02T09:06:14Z")
Depending on what I see a low at today I may pick up more, carry for a few days and then dump after the vote. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [October 2, 2008, 9:06am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/55 "2008-10-02T09:06:53Z")
> [@Joe](#): > > If I had any more liquidity I’d dump it into GE right now and hold for a bit. Down 8% today and it could be a steal. Unlike FRE and FNM, I know it will still be around a year or 2 from now, but getting oversold like the rest of the financial sector on pure emotion. Right, good time to pick up long investments right now. Typically all I play anyway. I don’t have the time to manage volatile shorts and it is ultimately gambling, only play with throw away money. ---
**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\ **Post date:** [October 2, 2008, 9:08am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/56 "2008-10-02T09:08:39Z")
just bought 500 shares in GM, and i’m down 162.25 right now ☹ ---
**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\ **Post date:** [October 2, 2008, 9:40am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/57 "2008-10-02T09:40:35Z")
> [@walter](#): > > Right, good time to pick up long investments right now. Typically all I play anyway. I don’t have the time to manage volatile shorts and it is ultimately gambling, only play with throw away money. if AIG goes down more(some how they are up .08 today), they would be a good one for after bail dump. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [October 2, 2008, 10:22am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/58 "2008-10-02T10:22:41Z")
Just because they are a financial with a low value doesn’t mean it is a good pickup. The fluctuation you see there is more related to speculation, people like yourself trying to cash in on short spikes… ---
**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\ **Post date:** [October 2, 2008, 10:26am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/59 "2008-10-02T10:26:43Z")
> [@walter](#): > > Just because they are a financial with a low value doesn’t mean it is a good pickup. The fluctuation you see there is more related to speculation, people like yourself trying to cash in on short spikes… that would be the same for FRE/FNM… they have already been gov backed so to say so technically they shouldn’t be effected either… but they will. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [October 2, 2008, 10:35am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/60 "2008-10-02T10:35:43Z")
> [@BluBalls](#): > > that would be the same for FRE/FNM… they have already been gov backed so to say so technically they shouldn’t be effected either… but they will. The “bailouts” that FRE/FNM received are not the same as the one AIG received. AIG is not “gov’t back” now necessarily. [Previous page](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705.md?page=2) [Next page](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705.md?page=4)