# 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:** 8
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [October 7, 2008, 6:21am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/141 "2008-10-07T06:21:38Z")
The world is slated to end @ 2:10 PM (est) today according to the Time Monks @ the Web Bots project. So, I’ll say close will be -6,352. ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [October 7, 2008, 10:42am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/142 "2008-10-07T10:42:20Z")
So far today, I’m glad i stayed out ---
**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 7, 2008, 10:56am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/143 "2008-10-07T10:56:58Z")
apparently by the world, they meant morgan stanley :mad: ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [October 7, 2008, 7:01pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/144 "2008-10-07T19:01:33Z")
I plan to push a large amount of money in over the next few weeks. Reason: Even if we are at bottom we are low is my view and what this means is that the market will trade in range. Joe keep your phone ready lol! ---
**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\ **Post date:** [October 7, 2008, 7:25pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/145 "2008-10-07T19:25:40Z")
I still think we have another 20-30% to bottom, but I literally just pulled that figure out of my ass. (I used gloves, dont worry) ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [October 7, 2008, 7:32pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/146 "2008-10-07T19:32:33Z")
> [@Penfold](#): > > I still think we have another 20-30% to bottom, but I literally just pulled that figure out of my ass. (I used gloves, dont worry) LOL i agree that we might be far off from bottom im riding a good old in and out betting on trading in a range betting that we are going to see a bump up maybe 5-10%(riiiight) before we have more of a down turn. Im deff not just going long right now. But I will say at this position I also am not confident buying shorts either. ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [October 8, 2008, 5:51am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/147 "2008-10-08T05:51:31Z")
> [@cougarspeed](#): > > Im deff not just going long right now. But I will say at this position I also am not confident buying shorts either. Yeah, I’m confident that I’m not confident in any way shape or form. I’m almost thinking of just pulling all my money thats just sitting in my Scottrade account and paying off a bunch of bills. But, I like having the money available incase I want to try something. ---
**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 9, 2008, 12:25pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/148 "2008-10-09T12:25:27Z")
What’s up eight thousands? ![http://trak.in/wp-content/uploads/2007/10/market-crash.jpg](http://trak.in/wp-content/uploads/2007/10/market-crash.jpg) ![http://media-2.web.britannica.com/eb-media/18/79518-004-1120B992.jpg](http://media-2.web.britannica.com/eb-media/18/79518-004-1120B992.jpg) ![http://www.techspot.com/gallery/data/504/medium/8907bread_line.jpg](http://www.techspot.com/gallery/data/504/medium/8907bread_line.jpg) ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [October 9, 2008, 12:30pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/149 "2008-10-09T12:30:31Z")
I fully understand at this point what it feels like to be anally penetrated. ---
**Author:** ![eclipsed](https://avatars.discourse-cdn.com/v4/letter/e/bbce88/32.png) [@eclipsed](https://forums.speedlife.net/u/eclipsed)\ **Post date:** [October 9, 2008, 12:41pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/150 "2008-10-09T12:41:25Z")
another free fall. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [October 9, 2008, 12:42pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/151 "2008-10-09T12:42:57Z")
> [@eclipsed](#): > > another free fall. Well maybe JayS was right because I just rolled the motha fucking dice. :mamoru: ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [October 9, 2008, 12:46pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/152 "2008-10-09T12:46:23Z")
> [@cougarspeed](#): > > I fully understand at this point what it feels like to be anally penetrated. Been there bud, thats why I’ve been sidelined this week. ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [October 9, 2008, 12:48pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/153 "2008-10-09T12:48:04Z")
holy shit. hadn’t even looked at em today. Saw the Fed buying unsecured, picarded, checked themarkets to see \<8k and started makning my noose. I’m gonna go ahead & say 7900 is the bottom. ---
**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 9, 2008, 12:50pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/154 "2008-10-09T12:50:05Z")
I hedged with SKF, a short financials fund, so I’m only losing half as much as I should be. That said, I’m getting molested pretty good. Morgan Stanley is taking an absolute beating for no reason. Good to see the shorts are back. :picard: ---
**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 9, 2008, 12:54pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/155 "2008-10-09T12:54:50Z")
> [@Joe](#): > > I hedged with SKF, a short financials fund, so I’m only losing half as much as I should be. > > That said, I’m getting molested pretty good. Morgan Stanley is taking an absolute beating for no reason. Good to see the shorts are back. :picard: same here, I got in at 160/sh… I think they’re up to 182 ---
**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 9, 2008, 12:56pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/156 "2008-10-09T12:56:36Z")
Yeah, I bought yesterday afternoon at 135. It’s the only thing keeping me alive. I should have sold all of my longs and just went short. This market defies any attempt at rationalization. Shorting ban enacted: DOWN DOWN DOWN Bailout fails: DOWN DOWN DOWN Bailout passes: DOWN DOWN DOWN Shorting ban expires: DOWN DOWN DOWN Perfectly good companies get hammered for 20-30% for no reason, you’d think people would see value and get back in: DOWN DOWN DOWN ---
**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\ **Post date:** [October 9, 2008, 12:59pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/157 "2008-10-09T12:59:52Z")
7400 is the floor This will provide the greatest wealth making opportunity since 87 ---
**Author:** ![Quattro\_Krant](https://avatars.discourse-cdn.com/v4/letter/q/ac91a4/32.png) [@Quattro\_Krant](https://forums.speedlife.net/u/Quattro_Krant)\ **Post date:** [October 9, 2008, 12:59pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/158 "2008-10-09T12:59:57Z")
> [@Joe](#): > > I That said, I’m getting molested pretty good. Morgan Stanley is taking an absolute beating for no reason. Good to see the shorts are back. :picard: They are all taking _because_ the short selling ban is over. I’d like to say that this is the bottom, but i’d hate to be wrong on that. Holy GM and F, man. I thought that F in the 4’s was about as low as it was going to ever go. Not too long ago GM was at 25, now it’s in the 5’s ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [October 9, 2008, 1:10pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/159 "2008-10-09T13:10:18Z")
> [@Joe](#): > > Yeah, I bought yesterday afternoon at 135. It’s the only thing keeping me alive. I should have sold all of my longs and just went short. This market defies any attempt at rationalization. > Shorting ban enacted: DOWN DOWN DOWN > Bailout fails: DOWN DOWN DOWN > Bailout passes: DOWN DOWN DOWN > Shorting ban expires: DOWN DOWN DOWN > Perfectly good companies get hammered for 20-30% for no reason, you’d think people would see value and get back in: DOWN DOWN DOWN :roflpicard: ---
**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\ **Post date:** [October 9, 2008, 1:11pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/160 "2008-10-09T13:11:47Z")
Oh I found good news in all this: Live rates at 2008.10.09 20:09:22 UTC 100.00 USD United States Dollars = 114.646 CAD Canada Dollars 1 USD = 1.14646 CAD 1 CAD = 0.872249 USD [Previous page](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705.md?page=7) [Next page](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705.md?page=9)