# 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:** 9
**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, 1:15pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/161 "2008-10-09T13:15:05Z")
> [@JoesTypeS](#): > > 7400 is the floor > > This will provide the greatest wealth making opportunity since 87 Yes, but then you have to ask, how long until it actually starts to turn around? ---
**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, 1:16pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/162 "2008-10-09T13:16:56Z")
The rich will buy at the bottom and afford to hold, and get richer. The poor will have to sell out at a loss and lose what they have, and get poorer. Such is life. ---
**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, 1:19pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/163 "2008-10-09T13:19:44Z")
> [@Nikuk](#): > > 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. too close. that could be by tomorrow. or monday. i am saying 7k or high 6 now. ---
**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, 1:22pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/164 "2008-10-09T13:22:26Z")
I just dumped my FNM after hours for 1.08. I’m going to cut down my volatility in the financial sector so that i’m fully hedged. After all, I did buy in at 45 cents. Fuck this noise. ---
**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, 1:29pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/165 "2008-10-09T13:29:34Z")
i have a death grip on my fnm and fre. they will recover someday… 😕 ---
**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, 1:35pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/166 "2008-10-09T13:35:27Z")
> [@Joe](#): > > The rich will buy at the bottom and afford to hold, and get richer. > The poor will have to sell out at a loss and lose what they have, and get poorer. > > Such is life. Ya unless you are smart enough to not put major money into the ups and downs of the stock market. Its like gambling with your retirement. > [@eclipsed](#): > > i have a death grip on my fnm and fre. they will recover someday… 😕 Picked up 1000 shares at 1.30. Waiting for it to recover some day but I went into it knowing I was going to hold onto it for at least 5-10 years. ---
**Author:** ![j\_espo1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/j_espo1/32/7291_2.png) [@j\_espo1](https://forums.speedlife.net/u/j_espo1)\ **Post date:** [October 9, 2008, 1:37pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/167 "2008-10-09T13:37:41Z")
> [@JoesTypeS](#): > > 6500 is the floor > > This will provide the greatest wealth making opportunity since 87 . ---
**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 9, 2008, 3:09pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/168 "2008-10-09T15:09:25Z")
I had a friend who bought in at 11,000 because everyone was telling him to “buy when the market is low.” I bet he listened to me now. I have been waiting for this to happen to buy. ---
**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 9, 2008, 3:10pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/169 "2008-10-09T15:10:06Z")
Would have been nice to be early on the SKF train, damn. I can’t stand the current volatility. I’m hoping my upcoming vacation will give me a repriece from checking and allow me to maintain some sanity. I would love a fat bonus check to dump in the market right now. They way some of these companies are performing the pricing is insane. Trying to avoid the temptation to grab the falling knife and wait for it to starting tipping back up. If you aren’t on the first day or two of the upswing I’m sure it will recover faster than a goats ass. I bet there will be a pile of false starts though. ---
**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, 5:06pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/170 "2008-10-09T17:06:57Z")
I have been buying some and plan to buy even more in the next few weeks with money I have saved and do not plan to need or consider wanting for 3-5 years. So we will see how the long term aspect works out. I will say though I will keep some free cash for day short term stuff as I see it. But man does it hurt right now. I wont even let myself look at my IRA and mutual fund account right now:( ---
**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 12, 2008, 10:59pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/171 "2008-10-12T22:59:02Z")
Monday is going to be wild. Futures are WAY up and I predict people with shorts are probably going to cover and I promise we still have plenty of shorts out there. I almost think the bast play for anyone day trading tomorrow will be to throw shorts in soon after opening and cover once people start trying to take earnings throughout the day. Which they friggin will because a ton of people out there are just looking for a decent exit I am sure. God I wish I didnt work a job that kept me away from a comp during trading hours. Luckily I have tomorrow off! ---
**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 13, 2008, 6:09am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/172 "2008-10-13T06:09:42Z")
I say +250 today after huge swings. ---
**Author:** ![EvilJay](https://avatars.discourse-cdn.com/v4/letter/e/a5b964/32.png) [@EvilJay](https://forums.speedlife.net/u/EvilJay)\ **Post date:** [October 13, 2008, 6:12am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/173 "2008-10-13T06:12:57Z")
What should I day trade today? ---
**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 13, 2008, 6:19am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/174 "2008-10-13T06:19:12Z")
> [@BluBalls](#): > > I say +250 today after huge swings. Word there will be some HUGE wavelengths today. Lots of opportunity to get in… but I doubt we’re closing up that much. Something negligible (\<100 pts), if not down a bit. The markets ahead of us are ahving a decent run but nothing hugerific. > [@EvilJay](#): > > What should I day trade today? Please don’t confuse the REAL money thread with the FAKE money thread. ---
**Author:** ![EvilJay](https://avatars.discourse-cdn.com/v4/letter/e/a5b964/32.png) [@EvilJay](https://forums.speedlife.net/u/EvilJay)\ **Post date:** [October 13, 2008, 6:19am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/175 "2008-10-13T06:19:59Z")
haha, thanks for the support nik ---
**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 13, 2008, 6:28am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/176 "2008-10-13T06:28:54Z")
anytime. ---
**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 13, 2008, 8:27am UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/177 "2008-10-13T08:27:52Z")
Goddamn it. I placed an order to execute this AM on Friday, and insufficient margin funds left me short on an opportunity that would have netted 50% already today. oh well. still showing well… Nice to see the other color for once =) Good luck everyone. ---
**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 13, 2008, 1:01pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/178 "2008-10-13T13:01:15Z")
Unnngh. +965 pts on the day. There is going to be a fecal mess tomorrow. ---
**Author:** ![eclipsed](https://avatars.discourse-cdn.com/v4/letter/e/bbce88/32.png) [@eclipsed](https://forums.speedlife.net/u/eclipsed)\ **Post date:** [October 13, 2008, 1:02pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/179 "2008-10-13T13:02:11Z")
these wild fluctuations are just ridiculous. tomorrow should be a shitshow. ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [October 13, 2008, 1:03pm UTC](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705/180 "2008-10-13T13:03:40Z")
No banking today? Market up 965? Solution to economy= Get rid of banks. lol IT WAS A JOKE! Premptive STFU! [Previous page](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705.md?page=8) [Next page](https://forums.speedlife.net/t/morning-money-crew-market-closing-up-or-down-today/55705.md?page=10)