seriously? i thought the DOW only tanked when Bernanke spoke. i guess when the guy who can buy anything at any price opens his mouth, wall street listens. go figure.
DOW monitoring thread; how well is rate cut working?
- Thread starter ghengis86
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seriously? i thought the DOW only tanked when Bernanke spoke. i guess when the guy who can buy anything at any price opens his mouth, wall street listens. go figure.
uh, DOW closed -2.00% today...you got a wire on the PPT's phone or something?
CasualApathy
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It was the market correcting itself. The PPT tried to hold it up all day (see diagram in post #36), but as I've been preaching to the choir: it can only prop up the house of cards for so long.
Tomorrow will most likely be a bad day due to the short ban coming off tonight. I"m predicting an 800 point day tomorrow, and although the PPT will be hard at work to stop it, we will be in the 8000's by close Friday.
what about lehman's CDS's? somebody said they were coming due on the 9th and 10th, and some other CDS's in two weeks; any facts? opinions?
brandon
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As my first post, I thought I'd share this:
welcome to the forum.
now, in order to make your second post better than an already excellent first, add the word "epic" above fail and repost.
Carole
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Just had a thought.
Is it possible that those naked short sellers are getting back at Bernanke and Paulson for being denied. Is this a new version of short selling since they are being denied?
Every time he injects liquidity into the market (?) they sell. (?) 
Is it possible that those naked short sellers are getting back at Bernanke and Paulson for being denied. Is this a new version of short selling since they are being denied?
Every time he injects liquidity into the market (?) they sell. (?)
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