Markets are going down big time!!!

[Aharon]

This is so exciting to watch ! Am I a sadist ? I find this interesting.

[BAMF]

Bueler....?

[fencerider2]

This is so exciting to watch ! Am I a sadist ? I find this interesting.


Are you watching Level Two?

[Aharon]

Dow down 130pts or 1%, Nasdaq down 1.5 %

[Aharon]

Are you watching Level Two?

Yes, it's amazing.

[Aharon]

Down 206. Black Tuesday ?

[Joe]

Are you really fencerider? :lol:

If down 2% is "Black Tuesday", then 9/11/2001 must have been Black Hole day.

[Bucsfan]

503.10 (3.98%)

[Aharon]

A lot of this downward movement is completly automated as preset stop loss selling from investors. It's interesting that automated stop loss selling doesnt cause even more damage.

[BAMF]

CFC is down to a strong buy right now. Damn, and theres 4k that would look REALLY nice invested at 37.55...I hate(love) having a stock ticker for my company at work.

[Aharon]

I wouldnt buy anything for a few weeks/months, as this hasnt hit bottom yet.

And dont take my enjoyment and facination of the "cycle" as fear mongering. I swear to you that the market will go back up again !!

[BAMF]

I wouldnt buy anything for a few weeks/months, as this hasnt hit bottom yet.

And dont take my enjoyment and facination of the "cycle" as fear mongering. I swear to you that the market will go back up again !!

Of course it will. Anyone who says otherwise is crazy. Eh, I'm going to finalize that Zecco account and get to buying soonish. Hoping the price stays down or dips lower.

[fencerider2]

This is the point where Wall Cheat signals the dumb money to jump in.

Too much volume to the down side, big distribution day, run for the hills.


http://pic50.picturetrail.com/VOL488/1126801/2125100/227071200.jpg

[Joe]

And dont take my enjoyment and facination of the "cycle" as fear mongering. I swear to you that the market will go back up again !!

Ok, you're not fencerider... ;)

I love cycles myself... the funny thing about cycles is that it's a game...

2 weeks ago I shifted alot of my stocks around, and am I glad I did... :)

FYI, this little "shift" is thanks to being part of the global economy. China's market had an issue and it spilled our way... This is the interesting stuff... When one realizes that the global economy is already here, under their noses...

[Aharon]

Looks like the markets are going to go up today. Lots of good news overnight as well as China market up 3%. Europe and Asia markets still all down around 1%, which may hold us back some. DJI futures are up 70 points. Looks like this may be a buying opportunity. The markets are still volatile, but I dont think anything is happening today.

[Young,Fablous,&Broke]

Nothing that I watch dropped that much yesterday.

For instance Bed Bath and Beyond is still over $40 a share. I wont buy it until its in the mid 30's.

I did pick up a few more shares of some mutual funds from europe, REIT, and index funds.

[fencerider2]

I am not telling anyone what to do but I can tell you this, the smart money will sit on the sidelines and wait for a clear buy signal. Sure we will have a dead cat bounce today, that's expected but more than likely its just a trade.

If anyone truly watched from a reliable platform from the open yesterday morning you could see what was happening. Somehow or someway sale trades where not going thru from the open.

For example in the AM when the DOW was down over 100 points the volume was too light. I think it was controlled to the downside but not properly and the sells backed on them and they opened the flood gates at 3pm.

They general public will never be told that, but Its my thoughts on trying to control the downside.


Volume tells all.

[Aharon]

Oh, I am not buying anything today.. lol

[Zate]

its fun to watch today though .. lol

[BAMF]

I am not telling anyone what to do but I can tell you this, the smart money will sit on the sidelines and wait for a clear buy signal. Sure we will have a dead cat bounce today, that's expected but more than likely its just a trade.

If anyone truly watched from a reliable platform from the open yesterday morning you could see what was happening. Somehow or someway sale trades where not going thru from the open.

For example in the AM when the DOW was down over 100 points the volume was too light. I think it was controlled to the downside but not properly and the sells backed on them and they opened the flood gates at 3pm.

They general public will never be told that, but Its my thoughts on trying to control the downside.

Volume tells all.

Hey man, I thought you were riding your Harley yesterday, not sitting in the NYSE all day? :lol:


Woo, it finally went down, and will go back up when its done going down. I'm surprised, I mean how many times has it gone up and down before? I know I can't count that high.

Firstly, anyone hoping for a CLEAR sign of anything is a speculator and hence not worth shit no matter how much of an expert they may think they are. The first lesson to learn about the stock market is that you can't predict it. If you can't learn that lesson then you're riding on little more than luck.

Buy whenever you want. If you invest in a stable company and don't succumb to the bears and bulls telling you to constantly buy and sell, chances are you'll do okay.

[Aharon]

Shanghai is down 2% tonight, lets see if it hits us in the morning here in the US.

[Young,Fablous,&Broke]

Its already on CCN that we are going to take a hit today. I guess I will just buy more like I did yesterday.

[fencerider2]

Hey man, I thought you were riding your Harley yesterday, not sitting in the NYSE all day? :lol:


Woo, it finally went down, and will go back up when its done going down. I'm surprised, I mean how many times has it gone up and down before? I know I can't count that high.

Firstly, anyone hoping for a CLEAR sign of anything is a speculator and hence not worth shit no matter how much of an expert they may think they are. The first lesson to learn about the stock market is that you can't predict it. If you can't learn that lesson then you're riding on little more than luck.

Buy whenever you want. If you invest in a stable company and don't succumb to the bears and bulls telling you to constantly buy and sell, chances are you'll do okay.


I think you have me confused with WB. At least I would not make a foolish statement on a public forum to buy CFC that is rated a SELL, by the top credit rating agency in the world.

Does your mommy and daddy know you're using their puter.

[John]

moving some things in preparation to buy in the future. Haven't taken too hard a hit

[BAMF]

I think you have me confused with WB. At least I would not make a foolish statement on a public forum to buy CFC that is rated a SELL, by the top credit rating agency in the world.

Does your mommy and daddy know you're using their puter.

Hey, wanna know something? I know more about CFC than some random market analyst studying 'trends'. ;) And I know it would be a good investment to make now, while the housing market is sluggish and our stocks have slipped a few points. But I oftentimes forget I don't think in the mindset of a day trader, like those fucktard experts do.

And its always funny to watch when people are on top because of listening to these analysists and experts....its funny because once they're on top and shit starts crashing down around them they jump out the windows and fall all the way back to the bottom with a SPLAT. :lol:

Seriously, if you think you can predict the market in any way, shape, or forum you're a :tard:.

[fencerider2]

Hey, wanna know something? I know more about CFC than some random market analyst studying 'trends'. ;) And I know it would be a good investment to make now, while the housing market is sluggish and our stocks have slipped a few points. But I oftentimes forget I don't think in the mindset of a day trader, like those fucktard experts do.

And its always funny to watch when people are on top because of listening to these analysists and experts....its funny because once they're on top and shit starts crashing down around them they jump out the windows and fall all the way back to the bottom with a SPLAT. :lol:

Seriously, if you think you can predict the market in any way, shape, or forum you're a :tard:.

So you know more than Standard & Poor's, now that's truly a laugh for all times. :lol:

[BAMF]

So you know more than Standard & Poor's, now that's truly a laugh for all times. :lol:

I said I know more about CFC, just like you should know more about wherever it is that you work. Process what you're reading before you allow your fingers to hemmorage a response.

[fencerider2]

I said I know more about CFC, just like you should know more about wherever it is that you work. Process what you're reading before you allow your fingers to hemmorage a response.


No you said " I know more about CFC than some random market analyst " well let me explain something to you young man, S&P is not your " random market analyst ", put down the crack pipe.

[BAMF]

No you said " I know more about CFC than some random market analyst " well let me explain something to you young man, S&P is not your " random market analyst ", put down the crack pipe.

Let me explain something to you, you bullshit artist. S&Ps analysists don't work for CFC, they're not around it seeing from the inside how the company does 40+ hours a week. They look at quarterly reports, insider stock buy/sell trends, and then crunch some numbers and use their best guess at what should happen. You can go ahead and rely on that, but for long term investment I think a good idea of how the company is doing is a much more reliable indicator of a good/bad investment. Want to know why I think that? Go visit the gravestones of all the people who committed suicide after listenning to 'experts' such as these S&P people and putting all their faith in them.

Edit: And you sound like a sheep, spouting your rhetoric of "OMGz S&P knows all, they are the experts and what they say is right!" Aren't you the one always making fun of people for being 'sheep'?

[fencerider2]

Let me explain something to you, you bullshit artist. S&Ps analysists don't work for CFC, they're not around it seeing from the inside how the company does 40+ hours a week. They look at quarterly reports, insider stock buy/sell trends, and then crunch some numbers and use their best guess at what should happen. You can go ahead and rely on that, but for long term investment I think a good idea of how the company is doing is a much more reliable indicator of a good/bad investment. Want to know why I think that? Go visit the gravestones of all the people who committed suicide after listenning to 'experts' such as these S&P people and putting all their faith in them.

Edit: And you sound like a sheep, spouting your rhetoric of "OMGz S&P knows all, they are the experts and what they say is right!" Aren't you the one always making fun of people for being 'sheep'?

You need to have your mommy wipe behind your ears, then do a little more research on how credit rating are attached to corp America and the effects.