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.
So far today, I’m glad i stayed out
apparently by the world, they meant morgan stanley :mad:
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!
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.
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.
What’s up eight thousands?
I fully understand at this point what it feels like to be anally penetrated.
another free fall.
Well maybe JayS was right because I just rolled the motha fucking dice. :mamoru:
Been there bud, thats why I’ve been sidelined this week.
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.
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
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
7400 is the floor
This will provide the greatest wealth making opportunity since 87
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
:roflpicard:
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