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Stock market will crash Tuesday

  1. #26
    Everybody to the limit!
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    Re: Stock market will crash Tuesday


    Quote Originally Posted by rmbbikes View Post
    Dude when you start talking about the stock market I no understand. Can you explain it in idiot terms so I can understand?

    Makes me feel like I am missing out on some cash flow.

    KB
    Ok, picture this scenario. Someone kicks you in the balls. As you double over in pain, they wind up to kick you in the balls again. But just then, another guy runs up and pushes you off a cliff. As you fall closer and closer towards the jagged rocks below, you think to yourself "hey, this is nice, my balls are starting to feel a little better".

    Except you are the U.S. economy, your balls are the stock market, the kick in the nuts is the credit crunch, and the guy pushing you off the cliff is the federal reserve. Got it? Good. Now go make some money.

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  2. #27
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by Honclfibr View Post
    Ok, picture this scenario. Someone kicks you in the balls. As you double over in pain, they wind up to kick you in the balls again. But just then, another guy runs up and pushes you off a cliff. As you fall closer and closer towards the jagged rocks below, you think to yourself "hey, this is nice, my balls are starting to feel a little better".

    Except you are the U.S. economy, your balls are the stock market, the kick in the nuts is the credit crunch, and the guy pushing you off the cliff is the federal reserve. Got it? Good. Now go make some money.



    +1000


    NOTE** Market only down 28 as I write......come on....Lets see some greeeeeeeennnnn!!!!

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  3. #28
    KB KB's Avatar
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by naked-daytrader View Post
    Buy high and sell low......
    Isn't that backwards?

    You're confusing me again.

    KB

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  4. #29
    Tie me up not down Jaynnus's Avatar
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by naked-daytrader View Post
    Buy high and sell low......

    Damn it...I've been doing it wrong all along!

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  5. #30
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    Re: Stock market will crash Tuesday

    **cough cough** **Sarcasm** **cough cough**


    The market looks pretty today...up over 200 points. I think we found our bottom finally!

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  6. #31
    Super Moderator TheIglu's Avatar
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    Re: Stock market will crash Tuesday

    So how much did you make/loose?

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  7. #32
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    Re: Stock market will crash Tuesday

    No way thats the bottom... we be going lower I bet. : )

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  8. #33
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by TheIglu View Post
    So how much did you make/loose?

    Put it this way....I made about 14% more than yesterday.....

    Quote Originally Posted by Kurlon View Post
    No way thats the bottom... we be going lower I bet. : )


    Unless there's a huge shock (like a giant bank going under) we have definetly bottomed. The financials have definetly bottomed here and will lead the market off these lows. This was a classic bottom formation...we had panic selling and capitulation yesterday and again this morning. We tested yesterday lows at todays open and again later in the day and it held. That's what happens at a bottom. Remember, stock are all about supply and demand. Right now there's just no more sellers left, everyone who is/was going to sell for whatever reason have done so. Now, we may....may test yesterday and this mornings low one more time in the next 2 weeks to confirm, if it holds again I'd be buying with both fists...back up the truck!!! We might have a slight pullback in the next few days (down 60-100 points) but it is definetly buy-able!. If the goverment and banks bail out the mortgage and bond insurers (in which I've been trading for the past 2 months and currently holding 3 of them) then the markets going to rally hard again...like up 600-800 points in a 2-3 day span.

    My 2 cents anyway

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  9. #34
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by naked-daytrader View Post
    Put it this way....I made about 14% more than yesterday.....





    Unless there's a huge shock (like a giant bank going under) we have definetly bottomed. The financials have definetly bottomed here and will lead the market off these lows. This was a classic bottom formation...we had panic selling and capitulation yesterday and again this morning. We tested yesterday lows at todays open and again later in the day and it held. That's what happens at a bottom. Remember, stock are all about supply and demand. Right now there's just no more sellers left, everyone who is/was going to sell for whatever reason have done so. Now, we may....may test yesterday and this mornings low one more time in the next 2 weeks to confirm, if it holds again I'd be buying with both fists...back up the truck!!! We might have a slight pullback in the next few days (down 60-100 points) but it is definetly buy-able!. If the goverment and banks bail out the mortgage and bond insurers (in which I've been trading for the past 2 months and currently holding 3 of them) then the markets going to rally hard again...like up 600-800 points in a 2-3 day span.

    My 2 cents anyway

    dumb this down.....are houses going to start selling so I can afford to race
    this year?

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  10. #35
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by burnham View Post
    dumb this down.....are houses going to start selling so I can afford to race
    this year?
    I can dumb this down....................If you need to sell the house to race you're fucked. DO NOT RACE.

    KB

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  11. #36
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by burnham View Post
    dumb this down.....are houses going to start selling so I can afford to race
    this year?
    No! Maybe very end of this year or early 09....Still too much supply on the market

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  12. #37
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    Re: Stock market will crash Tuesday

    Quote Originally Posted by naked-daytrader View Post
    No! Maybe very end of this year or early 09....Still too much supply on the market
    I hope the supply continues to rise. Time for all those dumb assholes who signed up for rediculous mortgages on overvalued homes to file 11 and get the hell over it.

    Then again, perhaps I should go out and buy a 400k home on a single income and BITCH when the loan I SIGNED and AGREED TO has rates that spike after 3 years. Then I can cry to the government and refuse to get evicted because LIFE ISN'T FAIR! WAAAAAAHHHHH!!!!

    (dumb cunt in Dorchester that's been on the news that refuses to get evicted because she "pays her taxes, does everything right", then PAY YOUR FUCKING MORTGAGE YOU CUNT)


    Just one more instance where another potential home owner gets fucked out of owning a place to call their own because ignorant lazy fucks with no personal responsibilty can't admit they made a mistake and pay the price for it.

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