Dow tanking

Buy, Buy, Buy....


I knew Id come here to see you guys breathlessly reporting this, but its nuthing like the DOW being at 8000 like many of you cons were hoping for!


There will be days like this, especally after the recession we have just come out of.... but dont get your hopes up, the slow, strong, sustainable recovery is still on track.

Cant wait for tomorrows Jobs numbers.... that should help the market.
 
Buy, Buy, Buy....


I knew Id come here to see you guys breathlessly reporting this, but its nuthing like the DOW being at 8000 like many of you cons were hoping for!


There will be days like this, especally after the recession we have just come out of.... but dont get your hopes up, the slow, strong, sustainable recovery is still on track.

Cant wait for tomorrows Jobs numbers.... that should help the market.

you are such a fucking moron.

No one WANTS the Dow to fall to 8000. We simply stated that we think the likelihood of a double dip recession is still a high probability.
 
I'm pretty clueless on this one - why does Greece's situation have such a huge influence over world markets?


Greece ? WTF, Sonny....its THIS country going down the tubes...how big must our debt be and how bad our economy before you get a clue.....
Greece....grease your ass, the worse is yet to come.
 
yes.... but it would depend on WHAT CA bonds.

I would not be buying a GO bond.

I would buy select municipalities/school districts/other revenue bonds.

not that I even buy bonds, but I like my dividend checks. I'm not interested in any IOU's from Cali wether GO or municipality. To me the precedent is set.
 
you are such a fucking moron.

No one WANTS the Dow to fall to 8000. We simply stated that we think the likelihood of a double dip recession is still a high probability.

Come on, you want this administration to fail so badly its clear you are cheering the DOW down and are so excited to see what occured today.
 
Buy, Buy, Buy....


I knew Id come here to see you guys breathlessly reporting this, but its nuthing like the DOW being at 8000 like many of you cons were hoping for!


There will be days like this, especally after the recession we have just come out of.... but dont get your hopes up, the slow, strong, sustainable recovery is still on track.

Cant wait for tomorrows Jobs numbers.... that should help the market.

you idiot Jarod. If you notice this thead was a pretty good conversation of what's going on in Greece and the EU not just some idiot partisan ranting... well until you showed up.
 
They are talking a trading error now

I am going to call bullshit on the 'trading error'. They always blame the 'trading error'.

My proposal to the SEC....

1) Find out who committed the 'trading error'

2) Then look at that firms trades prior to the 'error' and after the 'error'. My bet is that firm made a boat load because of that 'error'.
 
Come on, you want this administration to fail so badly its clear you are cheering the DOW down and are so excited to see what occured today.

who thinks like that? I'm trying to picture some guy on the street who lost all his money but says 'it was worth it because I get to blame X administration'.

That's like me wanting to stay unemployed so I can somehow try to blame it on Obama. I mean seriously? WTF dude?
 
Yes another opportunity to ask why is there no regulation overhaul on trading practices and SEC rules on short selling, uptick rules, and hedge funds. Why has obama ignored what is obvious to every other person with half a brain?
 
True, the markets are built on "trust", if people do not feel comfortable investing the "fear" can drive the markets down huge. But a dip to below 10,000? Somebody's messing with things...

But....but...but!!!

They just told us last week the economy is turning around!
 
But....but...but!!!

They just told us last week the economy is turning around!

And it is not only turning around, it turned around, its starting to get better.

We are currently experiencing a SLOW, SUSTAINABLE, STRONG recovery.


Sorry but if you BLAMED President Obama a couple months ago, you have to give him credit NOW, or simply be content with being a HIPOCRATE!
 
Maybe, but my guess is it was a large trading program someone initiated at one of the large investment banks.

Would be funny if we found out it was Goldman.

not to gs shareholders, it would be funny is some trader was trying to short 10,000 shares and did 10 million
 
who thinks like that? I'm trying to picture some guy on the street who lost all his money but says 'it was worth it because I get to blame X administration'.

That's like me wanting to stay unemployed so I can somehow try to blame it on Obama. I mean seriously? WTF dude?

Well, we went to cash, treasuries and long the dollar on Tuesday... so technically, we do think it is going down right now. That said, today was bloody insane. Reminded me of the moves we saw in 99 (though those were insane to the upside usually)
 
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