volatility is good for options traders (if you can see trends) but this blows.
Hang on tight :
http://www.forbes.com/afxnewslimited/feeds/afx/2008/01/22/afx4557897.html
VIX is at 33! lol
PS. Thank God for shorts…
Funny how the same thought was running through my head right now.
Too little too late?
At least oil prices are dropping.
There is already talk of another cut at the regularly scheduled meeting on the 30th.
My house isn’t even done yet and I may be refinancing.
fear is good… it makes irrational people throw give up their money to the rational ones.
i’m still doing fine. I moved my 401k into 50 percent of the citi slow grow fund, and the other half in emerging markets…
Up 11% for the year.
11% based on 22 days is not exactly slow growth, lol.
im still pretty much even
Watch out for the big head fake bitches. Hang Seng down 8% right now.
KK
I hope this keeps happening so the fed lowers rates
Yes feds dropping rates more would be nice. So anyone have any tips to help combat what is going on? What are these shorts Howie speaks of? Most of my stuff is doing ok im only losing a bunch on SIRI because their merger with XM hasnt gone through.
It was an EMERGENCY rate cut people. It shouldn’t be cut that drastically, ever.
OT Howie im going to come visit NY one of these days and we are going to go out and act crazy and i am staying at your place. BTW i am not asking i am telling.
You aint seen nothin yet.
Get ready for more dropping.
I got the condoms, you bring the KY :gay2:
Good to see my 12 year streak of travelling internationally for spring break is coming to an end because the same trips I took the last couple of years out of toronto for 12-1400 are now well over $2000…thank you george.
And who’d have thought that master economist himself, JEG, would have been wrong?
Oh, and The Russian, you’re young and probably don’t have that much savings yet, but in the future, it would be good to diversify your assets beyond 3 or 4 companies in the same damn industry.
Condoms? What am i a fucking sailor now?
Word. BTW i actually came out positive yesterday. It was about a wash but still on the positive side. Morning news hyped things worse then they turned out. Of course the fed cut helped lol.