Monday, September 29, 2008

good lord

this is all just the craziest shit ever...
at

15 comments:

  1. tradewellSeptember 29, 2008 at 2:16 PM

    do you have any longs?

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  2. EricSeptember 29, 2008 at 2:23 PM

    ya, but the are positive since I picked them up.

    Probably won't be soon.

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  3. EricSeptember 29, 2008 at 2:28 PM

    Helen,

    Are you doing ok?

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  4. tradewellSeptember 29, 2008 at 2:33 PM

    Thanks for asking.

    I may not have any fingernails left after today.

    Trapped! Just watching helplessly (still on unsecured wi-fi, so can't do anything with the stocks)

    I'm pretty scared. Want to sell everything.

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  5. tradewellSeptember 29, 2008 at 2:38 PM

    So what's going on with the bailout? can it still happen?

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  6. EricSeptember 29, 2008 at 2:39 PM

    tomorrow could get nasty.

    to be honest, we need leadership.

    2k points to the downside and everyone will capitulate.... meaning congress

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  7. EricSeptember 29, 2008 at 2:42 PM

    sure it can... but..

    It's a stand off.

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  8. tradewellSeptember 29, 2008 at 2:51 PM

    So if I short today i can still make $ tomorrow on this armageddon? i think i'm down 2.5k just today. Thank you pseudo-gold stock AUY.

    And what's wrong with oil?

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  9. tradewellSeptember 29, 2008 at 2:52 PM

    Wow, lots of new 52w lows. We just had that last week. And the week before.

    Why didn't I stay short? Optimism is getting expensive.

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  10. tradewellSeptember 29, 2008 at 2:53 PM

    TSX (toronto exchange) is down 850 points (-7%).

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  11. EricSeptember 29, 2008 at 2:54 PM

    this isn't an investable market, either way.

    90% of the house,Just think it's about 'car loans'.

    without credit the country comes to a stop... and this will accelerate the process.

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  12. EricSeptember 29, 2008 at 2:57 PM

    the dow was down 700.. it will get there.

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  13. tradewellSeptember 29, 2008 at 2:59 PM

    Going to find a secure connection and short something.

    Did you read Palin's response to the bailout question at Duc's blog? Delirium interspersed with campaign keywords.

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  14. EricSeptember 29, 2008 at 3:00 PM

    It's quarterly redemptions, so those long anything and with a falling market have to cash out of anything they have to meet end of quarter redemptions. because tomorrow it will be worse

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  15. tradewellSeptember 29, 2008 at 3:17 PM

    I bought just a little bit of SDS. Crashed someone's computer in the process. Must be the electricity from my body.

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