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The Bear's Rave Party


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#1 wndysrf

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Posted 27 February 2007 - 04:48 PM

Well, this will go down as one huge day for the bears.

Last time I remember this happening during a bull phase was the summer of 1996.

Here's where we ended up:

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The selloff lasted a little while longer into the end of the month, then resumed its climb.

Posted Image


Not saying it will happen this time, but its worth watching.....

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#2 crazy_ate

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Posted 27 February 2007 - 05:01 PM

I'm showing down EXACTLY 400.00......are they kidding

Ah, scratch that, probably take them a few hours to close out the books

And if you work in the backoffice for a mutual fund, call your wife and order pizza, it's gonna be a late night

#3 realist

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Posted 27 February 2007 - 05:05 PM

Day of Infamous PigMen on the Ropes.. Congrats Bearz.. It was a long time comin'..

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#4 Speakeasy

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Posted 27 February 2007 - 05:08 PM

Floor trader on bloombox says the word was that when the sow was down 540, the fed had called major center banks and guaranteed liquidity, and in minutes it was up 200. He said the PPT done it. :P Imagine that.

I'm shocked, SHOCKED, to see manip in the markets. :lol: :lol:
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#5 realist

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Posted 27 February 2007 - 05:10 PM

Emerging Mania completely destroyed! Unless there is a coordinated effort in place, I imagine the bloodbath tonight in Asia will be spectacular... :huh:

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#6 wndysrf

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Posted 27 February 2007 - 05:11 PM

4,175,000,000 billion lotto tickets traded on the NYSE.

Looks like a record.
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#7 Private Skidmark

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Posted 27 February 2007 - 05:13 PM

Floor trader on bloombox says the word was that when the sow was down 540, the fed had called major center banks and guaranteed liquidity, and in minutes it was up 200.  He said the PPT done it.  :P  Imagine that.

I'm shocked, SHOCKED, to see manip in the markets.  :lol:  :lol:

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But of course. Maintaining unreality in markets is a matter of national security. Our tax dollars at work. :ph34r: My take is guaranteed liquidity, to which there must be a limit, can only protract and make more orderly rather than forestall a decline.
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#8 Peek Paper

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Posted 27 February 2007 - 05:13 PM

Floor trader on bloombox says the word was that when the sow was down 540, the fed had called major center banks and guaranteed liquidity, and in minutes it was up 200.  He said the PPT done it.  :P  Imagine that.

I'm shocked, SHOCKED, to see manip in the markets.  :lol:  :lol:

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That's nothing ... 1/4 - 1/2 point rate cut by Turdsday if this stays submerged.

However, that will boost the Yen even further.

Bernanke caught between rock and hard place.
The deeper you dig into a pile of dung, the worse it smells ...

#9 Guest_smsc_*

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Posted 27 February 2007 - 05:16 PM

Maybe now is finally the time for NFI and NEW longs! :lol:

#10 Jorma

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Posted 27 February 2007 - 05:16 PM

Floor trader on bloombox says the word was that when the sow was down 540, the fed had called major center banks and guaranteed liquidity, and in minutes it was up 200.  He said the PPT done it.  :P  Imagine that.

I'm shocked, SHOCKED, to see manip in the markets.  :lol:  :lol:

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A floor trader in the SPOOZ?

Forget about phone calls. As if they didn't know heliport on Citycorpse roof was ready for incomming. Who stood up in the pits and started buying with both fists when it was down 500.

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#11 mdporter

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Posted 27 February 2007 - 05:17 PM

last night I put in sell orders on GSS, EGO, and GAS. had a buy order for 300 shares of tre.

Got clubbed on the TRE dong today! *&$#*!!

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#12 DrStool

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Posted 27 February 2007 - 05:19 PM

Speakeasy-

Check your PM box.

Tanks.

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#13 DrStool

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Posted 27 February 2007 - 05:19 PM

new low on qqqq in the ruboff.

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#14 elh

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Posted 27 February 2007 - 05:19 PM

4,175,000,000 billion lotto tickets traded on the NYSE.

Looks like a record.

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Would that be like 4 quintillion ?

It hurts just pronouncing it. :(

#15 Drano

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Posted 27 February 2007 - 05:20 PM

At least they don't have to say it was a 400 point down day.

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uhhhhh......

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Wow, that was amazing. at 3:59 my streamer was showing Dow down 391. Now, down almost 416.

There was a lead story on the 4:00 news update on NBC about the "correction."

To their credit, at least they interviewed some talking head from Crapvision who said there was no way of telling if it would continue tomorrow.
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