DrStool Posted October 19, 2007 Report Share Posted October 19, 2007 That's not a prediction. I know that LeeWhee would have enjoyed this. As usual he called the top. Link to comment Share on other sites More sharing options...
dogsie Posted October 19, 2007 Report Share Posted October 19, 2007 No bounce after the bell Link to comment Share on other sites More sharing options...
DrStool Posted October 19, 2007 Author Report Share Posted October 19, 2007 LW might have told us here about the last day the spx was down comparably. 616503[/snapback] No, he would have told us about EVERY day it was down comparably, what the setup was, and what came after. And then he would have said, but this time could be different. Link to comment Share on other sites More sharing options...
Private Skidmark Posted October 19, 2007 Report Share Posted October 19, 2007 So, have da boyz earned themselves another baked-in rate cut? Link to comment Share on other sites More sharing options...
cwd Posted October 19, 2007 Report Share Posted October 19, 2007 So, have da boyz earned themselves another baked-in rate cut? 616508[/snapback] Steve Liesman on CNBS, 100% of a rate cut at the Oct meeting. Link to comment Share on other sites More sharing options...
Drano Posted October 19, 2007 Report Share Posted October 19, 2007 So, have da boyz earned themselves another baked-in rate cut? 616508[/snapback] You mean the cat's out of the bag? Link to comment Share on other sites More sharing options...
Drano Posted October 19, 2007 Report Share Posted October 19, 2007 Golly, CWD, I'd like to say I'm sorry about IYR closing below 74. But I'm not. Link to comment Share on other sites More sharing options...
dogsie Posted October 19, 2007 Report Share Posted October 19, 2007 Wouldn't surprise me to see weakness into next meeting to scare Fed into lowering. Link to comment Share on other sites More sharing options...
shorty Posted October 19, 2007 Report Share Posted October 19, 2007 So, have da boyz earned themselves another baked-in rate cut? 616508[/snapback] No, they don't want one. They've been short stocks since just before Citi warned. They're luvin' this sheet. And they gotta lotta mo sellin' comin'. The top 1% set it all up right purdy fer themselfs. Now they flush the maSSes. Link to comment Share on other sites More sharing options...
Drano Posted October 19, 2007 Report Share Posted October 19, 2007 Marketwretch Headline: Wall Street hit hard on 20th anniversary of Black Monday It's just an anniversary reaction, nothing to worry about. Right? Link to comment Share on other sites More sharing options...
shorty Posted October 19, 2007 Report Share Posted October 19, 2007 So, have da boyz earned themselves another baked-in rate cut? 616508[/snapback] Steve Liesman on CNBS, 100% of a rate cut at the Oct meeting. 616509[/snapback] There will be no rate cut. And it wouldn't matter anyway. The boyz are short stocks. It'll be many months before they cover. The Depression has begun, aSS planned, and nothing Shall stop it. Link to comment Share on other sites More sharing options...
Jetlag Posted October 19, 2007 Report Share Posted October 19, 2007 So, have da boyz earned themselves another baked-in rate cut? 616508[/snapback] Steve Liesman on CNBS, 100% of a rate cut at the Oct meeting. 616509[/snapback] Dollah would go down the drain and Oil to da moon. Maybe it's not such a bad idea. Link to comment Share on other sites More sharing options...
Private Skidmark Posted October 19, 2007 Report Share Posted October 19, 2007 So, have da boyz earned themselves another baked-in rate cut? 616508[/snapback] No, they don't want one. They've been short stocks since just before Citi warned. They're luvin' this sheet. And they gotta lotta mo sellin' comin'. The top 1% set it all up right purdy fer themselfs. Now they flush the maSSes. 616513[/snapback] That's what I would do if I were an inhuman porcine operator. Load 'em up with debt to their eyeballs on stucco crapboxes and tricked out Hummers, jack their ARMS, close the bankruptcy door, outsource their jobs, inflate their pole-dancing earnings away, then flush their 201ks so I could load up for the next bull run. Booyah. Link to comment Share on other sites More sharing options...
elh Posted October 19, 2007 Report Share Posted October 19, 2007 That's not a prediction. I know that LeeWhee would have enjoyed this. As usual he called the top. 616498[/snapback] Give yourself some "credit" as well, although I'm sure you don't want any right now. I was starting to get skeptical about whether the ABCP mess would come to roost, and was ready to submit to the inflationary authorities. As for the Berserker trade, check out the 5%+ drop in the entire energy sector. That is unheard of for an entire sector to dump that much in one day. But if you saw any of the jiggy action in the financials, you know. MTG was $35 just last week, and it lost 45% in just five days. These assholes at work... Link to comment Share on other sites More sharing options...
Speakeasy Posted October 19, 2007 Report Share Posted October 19, 2007 LW might have told us here about the last day the spx was down comparably. 616503[/snapback] No, he would have told us about EVERY day it was down comparably, what the setup was, and what came after. And then he would have said, but this time could be different. 616507[/snapback] Eggzactly! I was thinking just that after the post. He would have used that as the opening to an historical context discussion that would listed two or three events of the day that were rare, and would proceed to explain each of them, and make a tally. Damn, have you started advertising yet for a new market statistician/historian? btw, it's looking a bit different this time, so far, touch wood, turn around and spit!! Link to comment Share on other sites More sharing options...
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