sell! sell! sell!

[BASEHEAD]

yeah with this rally also is coming

lower dollar, higher gold, oil back to 90, and bonds now 3.66%

probably only 25 bp or maybe none if we keep rallying and commodties keep booming moving to fed meeting

the have no wiggle room

only way they keep the markets up is totally meaningless in nominal terms

No wiggle room...LOL

How many times have you said this?

 

[hellah10]

gold up $12 this morning

 

[SteamDaddy]

Where have you been Steam?

I just cannot believe that story you posted is anything near reality though.

Its rough for people looking for work, but that article is stretching the truth.



yeah joe, i should have known steam just wanted to make a point things arent well in the heartland.

actually, from what i know about the area, findlay is better off than most other parts of this state.

Hi Woofy....just laying low and observing the collapse. Just amazing how all this is unfolding :scared:

Things are much worse then the "Operation Mockingbird" sidestream elite media would like you believe.

I have heard and seen from many family and freinds on the ground how bad things are deteriorating. I have read many of these stories like the Bob Evans one I posted.

Here is another as people apply by the thousands for a Walmart career;

Thousands show up for shot at Wal-Mart job

By HELENA OLIVIERO, PAUL DONSKY
The Atlanta Journal-Constitution
Published on: 01/09/08
They came in droves — high school students, retirees, young moms, the unemployed — all for a shot at a job at a new Wal-Mart on Memorial Drive in central DeKalb County.

http://www.ajc.com/metro/content/metro/dekalb/stories/2008/01/08/walmart_0109.html

When the end in America does come over the next two or three years life as you know it will never be the same. The end result will be complete and utter destruction that will cause major social upheaval around the world.

 

[BASEHEAD]

gold up $12 this morning

Big mine shut down.Overreaction.

 

[SteamDaddy]

Banks 'face a further $300bn sub-prime hit'

By Philip Aldrick
Last Updated: 11:03am GMT 25/01/2008

The world's financial institutions will have to write down a further $300bn (£152bn) of US sub-prime losses before the crisis is over, according to a study by consulting firm Oliver Wyman.
# Track the latest developments in the credit crisis

"We expect a stormy 2008," Oliver Wyman said in its State of the Financial Services Industry report.

"While governments, central banks and regulators scramble to address the aftermath of the sub-prime fallout, several other crises are mounting."

Tumbling property prices - especially in the UK and Spain - a weakening dollar, a possible collapse in commodity prices, and a fall in Chinese and Indian stocks will "disrupt" the global economy, the report claimed.

Banks are already coming off one of the worst trading periods in memory, with shares across the industry plummeting 40pc in the past six months.

Oliver Wyman has estimated that financial services companies have already taken a $300bn hit on their sub-prime exposure.

It estimates that $1,300bn worth of sub-prime mortgages were written in total.

US banks will feel the pinch in particular, Oliver Wyman predicts. "North American financial services firms will have a tough year," it said. "Market uncertainty, combined with further write-downs and expected home-price and loan-volume declines, implies more squeezes on earnings. Banks most likely will have to increase loan-loss reserves."

Growth in Western Europe is likely to suffer in 2008, while Latin America has a positive outlook and "growth opportunities exist" in Singapore, Taiwan, Indonesia and Korea, according to the report.

The private equity industry is likely to grow in 2008, the consulting firm said.

http://www.telegraph.co.uk/money/mai...subprime12.xml

All confidence has now left the markets, and it is never coming back. Sure we may get a final blow-off, by power manipulation by the fed and illuminati as lower interest rates and Ben's copter drops re-ignite market specultation once again. The central bankers and gov around the world are are almost irrelevent, the system is about to come down on their collective ears under its own weight due to greed, fruad, speculation, and runaway money and credit.

 

[BASEHEAD]

All confidence has now left the markets, and it is never coming back. Sure we may get a final blow-off, by power manipulation by the fed and illuminati as lower interest rates and Ben's copter drops re-ignite market specultation once again. The central bankers and gov around the world are are almost irrelevent, the system is about to come down on their collective ears under its own weight due to greed, fruad, speculation, and runaway money and credit.

Its all gone and never coming back? Get a grip bro.

Granted it doesn't take much to spook the market these day but in the long run you'll be disappointed as usual.

Not seeing any of you guys keeping us up to date on the earnings reports rolling out.

 

[eek.]

This is pretty fucking hilarious stuff to read.

Now Thatcher in the 1980s was a disaster...but if anything happens over the next few years it will be nothing more than a bog standard recession.

Sorry guys, it's-just-not-going-to-get-that-exciting.

 

[tiznow]

No wiggle room...LOL

How many times have you said this?

well the markets are down since they started cutting rates? :think2:

 

[tiznow]

hey DAW here's a bone for ya

i'll say the words

bear shake over?

i'm still sitting on my hands with my tradable portion of my shorts

 

[Dawoofdaddy]

Ive been short all morning....kind of want to cover after reading your post, but for now Im trying to roost until todays close.

 

[tiznow]

haha nice

i got an ipod touch i feel like sheep but this thing is amazing, basically an iphone, but no phone, internet wifi etc.

hey cuzz i'm helping the economy!!

that said you know the market for techie gadgets is saturated when i got a frickin ipod touch:scared:

 

[Dawoofdaddy]

So far your bear shake being over post has nearly to the nanosecond put a bottom in todays market.

Still alot of action left today and Im still short.

 

[tiznow]

yeah i'm a master at calling short term turns in markets by just fading what i post

and you wonder why i don't day trade

 

[tiznow]

alright time to bring in the big guns

falling off again

bear shake over!!??? %^_

honestly i do doubt this is already the end to this leg up of the bear shake but maybe i'm wrong

we'll see what next week, state of the union, and fed brings us, either way i'm quite short...

 

[Dawoofdaddy]

nice call so far.....still riding this pig lower.

:money8:

 

[tiznow]

i'll be riding it for quite a while, just a matter of to what degree

right now i'm not fully locked and loaded

man really getting going now

guess they might not give bulls an opportunity to bail at say 1400 S&P as it thought they might get ??

 

[tiznow]

alright time to break it out well see if this can stop the blood :lolBIG:

 

[Brooklynbomber]

finally getting some orders filled

 

[tiznow]

okay think the bear photo may have done the trick and set in the low for the day :lol:

 

[tiznow]

finally getting some orders filled

what are you buying????

and are you doing so for a short term trade or long term hold?