sell! sell! sell!

[tiznow]

"injections" not working :sadbb::scared::smoking::scared1:



Fed Pumps $41B Into US Financial System
Thursday November 1, 5:15 pm ET
By Jeannine Aversa, AP Economics Writer
Fed Injects $41 Billion Into US Financial System to Help Ease Credit Problems

WASHINGTON (AP) -- The Federal Reserve pumped $41 billion into the U.S. financial system Thursday, the largest cash infusion since September 2001, to help companies get through a credit crunch.

The action came one day after Fed Chairman Ben Bernanke and all but one of his central bank colleagues voted to slice a key interest rate. It was the second time in six weeks that policymakers acted to protect the economy from the effects of the housing downturn and credit troubles.

--------------------------------------------------

not quite as much as post 9/11

A New York Fed spokesman said it was the largest single day of operations since $50.35 billion was pumped into the system on Sept. 19, 2001, following the terrorist attacks on New York and Washington. He declined further comment.

 

[Willie99]

Willie, could you please explain this one to me: :think2:

"Tiz talks about decreasing value of dollar, which of course doesn't necessarily mean deceasing purchasing power."

Why do you think oil is skyrocketing? You think demand is up that much? It's because the dollar is losing value on a daily basis, hence the loss in purchasing power.

Also, when did I ever mention inflation of 21%, or is that just some bullshit number you pulled out of your ass?

5.4 % for three months x 4 = 21.6

Here's a clue, words have meaning. If you don't mean it, don't say it.

 

[Willie99]

...

Bad day on Wall St means Tizbear is happy, even if he isn't in the market.



:toast::toast::toast:

party up Tiz, you may be miserable tomorrow.

 

[tiznow]

Bad day on Wall St means Tizbear is happy, even if he isn't in the market.



:toast::toast::toast:

party up Tiz, you may be miserable tomorrow.

i'm not necessarily happy but i guess i made some money today....homies took a nice liking, crox imploding was very nice, those gold coins i got laying around didn't fair to well though....diversification....and my few longs were down as well (my longs are in beer, smokes, and water mainly people still gonna drink beer, smoke and drink water regardless of what happens)

its not about happy willie, its about reality for me...the ship is about to sink...maybe my reality is wrong we shall see

its just like gambling if i see a spot i'm gonna take it down its not about ego or rooting on a market crash

 

[hellah10]

There are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers.

- Richard Feynman

:aktion033

 

[tiznow]

damn lvs taking a beating almost hopped on that one

las vegas sands

down 14% in AH on earnings

 

[tiznow]

also to add another note the stock market is one big casino biased to the upside due to inflation, and i look at it as that

am i gonna just throw all my chips into the pool betting on one side and just let it ride and not worry about it...hell no

I don't look at it as some sort of safe haven long term investment like we are told it is cause its not

past does not predict the future in stock markets

tell those that bought at the peak of 2000 and are still holding on its a great long term investment

 

[tiznow]

well the yen buying was stopping tonight to some degree with some selling but looks like its turning up again

as the yen turns the world markets turn....yen buying was frantic today during us trading

shocking...

 

[Dawoofdaddy]

also to add another note the stock market is one big casino biased to the upside due to inflation, and i look at it as that

am i gonna just throw all my chips into the pool betting on one side and just let it ride and not worry about it...hell no

I don't look at it as some sort of safe haven long term investment like we are told it is cause its not

past does not predict the future in stock markets

tell those that bought at the peak of 2000 and are still holding on its a great long term investment

This is the best post in this 1000 post thread.

Ive been able to make some money trading bidu long this week, but I think tomorrow Ill be on sidelines.

Citicorp falling out of bed has to have some larger implications for overall market.

I had no dog in the match, but it was nice seeing a fad stock like crox lose 1/3 of its value in a single days trade.

The 3 shorts that Ive been in for a few months dropped like bricks again today. MTG, PMI, MCO.

MTG and PMI both look like they are going bankrupt as the housing "correction" becomes a crash.

Ron Paul will only gain momentum in polls if the stock market declines.

www.ronpaul2008.com

:drink:

 

[Willie99]

The stock market of 2000 was a lie, with speculation about techs leading the charge, not profits. The market was fundamentally flawed in 2000. Even if you entered the market the day of it's peak, an unlikely scenario, but the type of intellectually flawed nonsense the self anointed financial gurus around here like to throw out, you would still be ahead of the game.

As for market history, past results do not guarantee future performance, but to ignore 80 years of history just ain't bright. Of course, we ignore history all the time around here.

Is there really a correlation between Ron Paul's numbers and the stock market? I'd like to see the link, but I know none will be forthcoming.

:banger:

 

[cussin'it]

Go SOHU GO! Funny yesterday only 1 of my equities lost ground (-1.3%), while the others were up up and away. It was a sector sell-off, with them financials being the prey.

Months ago I moved from funds with large financial equities holdings into more specific targeted tech and emerging market funds.

Go Nasdaq Go

 

[cussin'it]

WDC held it's ground yesterday with a slight increase, today up nearly 10% in early trading!!!!!! Buy buy buy!!!

Go Nasdaq Go

Yee haw. :toast:

 

[Dawoofdaddy]

Pretty much all of the one day 30% up move in countrywide has been wiped off the table.

Around today looking at the screens, but havent done anything yet.

hola

 

[BASEHEAD]

ZZZZZZ......166000 jobs added.....

Letting it all ride.....lol

The best post in here advocates not being diversified,putting all your eggs in one basket so to speak and going directly against the grain. Sounds like really sharp advice.:aktion033

The markets are much more like handicapping sports than a luck of the draw casino game Im afraid.To say that the past trends in any given sector dont come into play is like discounting past situational matchups when capping a game.Not the only factor but an important one often.Its clear there are obvious cycles that exist in the markets,to not recognize this fact is telling.

IMO that was just about the worst post in this thread.

How much of a gamble would it be to put your cash in a DJI index fund,based on past performance? Not much.Just depends on how long you want to wait to cash in.

Whats irrelevant is the strength cycle of the dollar in regards to the US economy as a whole.

 

[BASEHEAD]

Pretty much all of the one day 30% up move in countrywide has been wiped off the table.

Around today looking at the screens, but havent done anything yet.

hola

Yes theyre in dire trouble. Will be 0 in 6-10 months.

 

[Dawoofdaddy]

Yes theyre in dire trouble. Will be 0 in 6-10 months.

I hope so and hope I can catch a few of the points along its road to 0.

Ive been pleased riding mtg and pmi down for months. Believe mco is going to have its pants sued off when people realize how much theyve lost holding cdo paper they were told basically was risk free investments.

Some of these cdo's will be deemed worthless after being marked to market.

:aktion033

 

[Dawoofdaddy]

Good buying opps out there....get your CFC while it's hot boyz.

It was hot for about a half a day. Nothing more than a huge short covering rally. Back to the toilet for that POS.

Anyone that owns that POS should throw it out like yesterdays trash.

:nopityA:

 

[cussin'it]

It was hot for about a half a day. Nothing more than a huge short covering rally. Back to the toilet for that POS.

Anyone that owns that POS should throw it out like yesterdays trash.

:nopityA:

Woof, sarcasm my man ["Get your CFC while it's hot" (lol)]. Financials been a no-no for me for a while, less you bet on em going down the crapper.

 

[Dawoofdaddy]

I wouldnt sleep at night if I owned any significant amount of a stock such as CFC. I kind of figured that post was sarcasm.

Guys I know in the building trades are getting more difficult to get straight answers.

I guess I need to retool my indicator. The lack of getting straight answers from some people could be a sign real estate is falling further in this area.

Not a big deal I guess since Bush told us this morning the economy added 166k jobs last month.

:missingte

 

[Romanowski]

WDC took off