Tommorow will be "Bloodly Blackest Monday" you have ever seen

ghemminger

ghemminger

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Heard it first! Actually common sence from tha 100's of articles I am reading....:(

Bear Stears is was the "traders on the ground" wake up call.

The Dollar is gonna be beat down hard...

I guess oil is the safe haven....all the smart money is pouring in - making you morning commute a nightmare:eek:

This is all very sad - we should all be very mad:mad:
 
The Fed will most likely cut the rates on Tuesday so stocks will go down some, but it won't "crash" so to speak. The value of the dollar, on the other hand, will drop.

Bear Stearns will feel the heat.
 
haha George you rascal and your predictions of Economic Collapse :D
 
I doubt it...it will probably only drop 150 or so, the futures would be way down right now if it was going to crash..
 
The market has a good habit of pricing in the last 12 months of negative news. There comes a point when the market decides it is time for the shorts to get hammered, just to make them hurt, regardless of today's news. And the average joe wonders why did the market go up today! There was negative news! I don't understand!

The markets do not move, they are moved.
 
I don't see any evidence off a big sell off tomorrow. World markets don't open for a few hours and a rate cut is probably coming tuesday. Traders are waiting for the rate cut.
 
We've had rate cut bailouts, fed bailouts, here a bailout, there a bailout, everywhere a bailout bailout. E I E I O.

What I expect next is for our brilliant President to do what is necessary to change the rules and pave the way for Saudi sovereign funds to come in and buy up our banks (even more than they already have) in order to do several things including selling the American people out, and spin the effort as a way to "help Americans." It is his style.
 
ItsTime said:
Anyone else think there is going to be another rate cut?
Click to expand...

Probably another 75 point cut on Tuesday. Might be as low as a 50 point cut or as high as a 100 point cut. I just averaged the two.
 
ItsTime said:
Anyone else think there is going to be another rate cut?
Click to expand...

It is irrelevant what any one person opines. What is worth noting is what the market thinks.

You can calculate what the market expects from the fed funds futures. Should have a good idea of what will happen on Tuesday by the fff on monday.
 
Short term swings, who knows....but longer term trend is still down. This market is made for prof traders, others will be eaten alive as it is easy to get stuck on the wrong side.

There will be more shoes to drop imo....watch for credit default swaps/options to be an integral element of potential further "dropping shoes". $45 trillion in default swaps??? I wonder how much BSC was the counter party to these credit derivatives. Lookout for this potential mess to be part of the next phase. Just my .02.

Good Luck.
 
grizzums said:
Short term swings, who knows....but longer term trend is still down. This market is made for prof traders, others will be eaten alive as it is easy to get stuck on the wrong side.

There will be more shoes to drop imo....watch for credit default swaps/options to be an integral element of potential further "dropping shoes". $45 trillion in default swaps??? I wonder how much BSC was the counter party to these credit derivatives. Lookout for this potential mess to be part of the next phase. Just my .02.

Good Luck.
Click to expand...

lol please explain. start with what is a credit default swap?
 
OptionsTrader said:
The market has a good habit of pricing in the last 12 months of negative news. There comes a point when the market decides it is time for the shorts to get hammered, just to make them hurt, regardless of today's news. And the average joe wonders why did the market go up today! There was negative news! I don't understand!

The markets do not move, they are moved.
Click to expand...

hahahaha, yep.

All the negative news in the world, and the market is up 190pts.

Then a day hits when you get good news, and the market tanks.

The CPI that came out Friday showed basically no change in inflation. The first emotional reaction I had was, "Bullshit! Damn it I'm going to get murdered on my shorts today, and the gov't is lying!!!"

What I should have initially thought was, "Okay. That number is bogus. I know it is bogus. The sheep are going to think it's good. This just gives me more time to stock up on securities that thrive on inflation -- hopefully they'll be down."

Some ended up being down, but lots of people also didn't buy it. It basically gave the greenlight for the Fed to keep hacking rates and debasing the dollar, so Gold closed over $1,000. Though we know there is inflation, the Fed doesn't think so and they aren't worried about it.

No matter how much I think I know on any given day, someone is usually a few steps ahead, and someone is a few steps ahead of them.

Stick with basic supply/demand principles, and limit your downside risk. Only risk capital that if it went to zero, you wouldn't care.

What I can't quantify right now is the effect of a massive Federal gov't bailout of the banks or fannie/freddie. If they swoop in and make everything whole or backstop losses, that could kill my shorts. That being said, I still don't believe they'll have enough funds to truly backstop the whole financial system. So I've allocated some risk to thinking the Fed won't be able to save the ship with the knowledge I could be wrong, but also allocated some risk that the rest-of-the-world will dump the dollar when a massive plan like this unfolds (which it may, or may not).
 
 
While I believe the economy is a when, not if thing, that doesn't mean I believe tomorrow will be the day.
 
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