TURK Posted October 9, 2008 Report Share Posted October 9, 2008 This is a quote from your 10/8 Fed report:Digesting the rapid changes in the rules of the game becomes more challenging each day. The Fed is obviously now debasing the currency, but to what effect? 697798[/snapback] Doc, I would like for you to clarify your conflicting statements. The answer is very important to me. Link to comment Share on other sites More sharing options...
MrHanky Posted October 9, 2008 Report Share Posted October 9, 2008 They could hold it for a year, wait for global warming to really kick in, then sell it as bottled water. 697813[/snapback] I wouldn't doubt it Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 9, 2008 Report Share Posted October 9, 2008 Added more BP at 42.99... Again stop if we take out 42.50 Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 9, 2008 Report Share Posted October 9, 2008 Added more BP at 42.99... Again stop if we take out 42.50 697816[/snapback] Nothing fancy. Just playing the charts. Link to comment Share on other sites More sharing options...
Lemur Posted October 9, 2008 Report Share Posted October 9, 2008 Out of Gap. Russ sure has been buying a lot of Dog stocks lately. Link to comment Share on other sites More sharing options...
MrHanky Posted October 9, 2008 Report Share Posted October 9, 2008 Out of Gap. Russ sure has been buying a lot of Dog stocks lately. 697818[/snapback] Pretty much 98% of all stocks are dogs lately Link to comment Share on other sites More sharing options...
potatohead Posted October 9, 2008 Report Share Posted October 9, 2008 Here's a little song I wrote You might want to sing it note for note Don't worry Its only money In every life we have some trouble But when you add to your longs you make it double Don't worry Its only money Ain't got no place to lay your head You lost it all, and the screen is still red Don't worry Its only money The landlord say your rent is late He may have to litigate Don't Worry He'll never see his money Link to comment Share on other sites More sharing options...
capitall Posted October 9, 2008 Report Share Posted October 9, 2008 Pretty much 98% of all stocks are dogs lately 697819[/snapback] He tends to be a bit early on his buys. Once the market turns back up, his stocks will fly I'll bet. But how much further down will it go before it turns back up is the question. With those TED spreads and numerous other things a mess, could be a long way down there, BWTFDIK? Doc seems to think the market is not the most bullish thing in the world too, and he certainly knows more than I do. I am not quick or skilled enough to trade a market like this. My hat's off to KW 'cos I realize how hard it is to do and how few folks are that quick and talented. I watch the market for entertainment purposes only now. If it ever gets to where the Dow doesn't go up or down 100 or more in a few minutes frequently, maybe I'll put some of my cash into it long or short somehow. This market is so upside down right now that Cramer is RIGHT-- a black swan occurrence to be sure. Dow has lost, what 800 points or more since he told people to GTFON. Link to comment Share on other sites More sharing options...
potatohead Posted October 9, 2008 Report Share Posted October 9, 2008 the canary......coming to a country near you REYKJAVIK, Iceland - Iceland suspended trading on its stock exchange for two days and took control of the country's largest bank ? the third to be placed under its protective umbrella ? on Thursday as it grappled with a banking crisis that is threatening to engulf the entire country. Link to comment Share on other sites More sharing options...
4shzl Posted October 9, 2008 Report Share Posted October 9, 2008 "Safe bank" WFC getting poleaxed -- down 11%. Link to comment Share on other sites More sharing options...
Speakeasy Posted October 9, 2008 Report Share Posted October 9, 2008 Over the last few weeks, as Doc's subscribers know already, the Ass'n'Pee has been progressively steepening it's down channel. If 965 area doesn't hold, we may get the big wave down me thinks. Link to comment Share on other sites More sharing options...
4shzl Posted October 9, 2008 Report Share Posted October 9, 2008 Out of Gap. Russ sure has been buying a lot of Dog stocks lately. 697818[/snapback] Yeah, but I think he's just early. This one looks like it might have found a bottom: Link to comment Share on other sites More sharing options...
astral mike Posted October 9, 2008 Report Share Posted October 9, 2008 Shipping rates for transporting raw materials to the great manufacturing economies of the world, as measured by the Baltic Exchange Dry Index, have halved over the past month - and have fallen 75% since mid-May. This index is normally seen as a leading indicator of global economic activity. The deleveraging vortex Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 9, 2008 Report Share Posted October 9, 2008 What a perfect setup....let everbody in short right before they reverse it... Won't be at all suprised if they close big green later today after a good panic to let all the new shorts in.... Link to comment Share on other sites More sharing options...
Lemur Posted October 9, 2008 Report Share Posted October 9, 2008 the canary......coming to a country near you REYKJAVIK, Iceland - Iceland suspended trading on its stock exchange for two days and took control of the country's largest bank ? the third to be placed under its protective umbrella ? on Thursday as it grappled with a banking crisis that is threatening to engulf the entire country. 697822[/snapback] Been wondering if I should take cash out of Bank of Ireland. I wonder if the government can really guarantee it? They have even started to guarantee non-Irish stuff. Thats gota be BS. Problem is I have a large percentage of my net worth in bullion already. http://www.rte.ie/business/2008/1009/saving.html Finance Minister Brian Lenihan has said the Government plans to extend its guarantee scheme for banks to a number of other banks with a major presence in Ireland. Link to comment Share on other sites More sharing options...
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