Pops Racer Posted October 7, 2008 Report Share Posted October 7, 2008 Jim Cramer finally lost his mind. "If you need your money in the next five years, pull it out of the market now" I paraphrase, but isn't that bad to do with the Dow down 600 points?Looks like European and Asian markets are worse off than us! Link to comment Share on other sites More sharing options...
flyfishing3 Posted October 7, 2008 Author Report Share Posted October 7, 2008 Jim Cramer finally lost his mind. "If you need your money in the next five years, pull it out of the market now" I paraphrase, but isn't that bad to do with the Dow down 600 points?i saw that last night. i don't totally agree but i understand what he's saying. its going to be pretty volitle for awhile.i'm long term so i'm not in panic mode. Link to comment Share on other sites More sharing options...
7 VII 7 Posted October 7, 2008 Report Share Posted October 7, 2008 i saw that last night. i don't totally agree but i understand what he's saying. its going to be pretty volitle for awhile.i'm long term so i'm not in panic mode.ditto Link to comment Share on other sites More sharing options...
Pops Racer Posted October 15, 2008 Report Share Posted October 15, 2008 (edited) Still have not seen anyone call out the scum that used to run these 2 scams. They made bonus money during Clinton admin based on the number of unqualified loans they sold.Guess that bailout really worked, huh? DJ down 700ish today. Send 'em some more of our money <_< Edited October 15, 2008 by CLETUS Link to comment Share on other sites More sharing options...
J0E Posted October 18, 2008 Report Share Posted October 18, 2008 Guess that bailout really worked, huh? DJ down 700ish today. Send 'em some more of our money Yeah...damnit. The label on the packaging said it was supposed take effect within 24-48 hours and the entire crisis was to be solved in less than a week. I guess it didn't work. Idiot. Link to comment Share on other sites More sharing options...
7 VII 7 Posted October 18, 2008 Report Share Posted October 18, 2008 Yeah...damnit. The label on the packaging said it was supposed take effect within 24-48 hours and the entire crisis was to be solved in less than a week. I guess it didn't work. Idiot.that is not true at allit is not suppose to put confidence for awhile :arob: Link to comment Share on other sites More sharing options...
Pops Racer Posted October 20, 2008 Report Share Posted October 20, 2008 Yeah...damnit. The label on the packaging said it was supposed take effect within 24-48 hours and the entire crisis was to be solved in less than a week. I guess it didn't work. Idiot.Fuck yourself JOE. I hope your shit falls apart and you have drive a Dodge dart. You are a pretentious ass. I've been pissed by others on this board, and been able to reconcile their positions, but you are the only dick I want to slap the shit out of. Fuck off.Ever work a day in your life, or are you an OC brat that whines because your beemer is white instead of black? Say something smart you little prick. You never contribute a damn thing to advance this community, provide help to others, or sound advice. I've known a couple little cunts like you, they end up dying alone with their trust finds. I didn't want you getting bailed out all. Now the cockers are gonna throw more money at the problem . Good luck with the Govt as your banker.I want to beat you up, real bad you fucking smelly ass hole. Link to comment Share on other sites More sharing options...
Fudge_Brownie Posted October 20, 2008 Report Share Posted October 20, 2008 Fuck yourself JOE. I hope your shit falls apart and you have drive a Dodge dart. You are a pretentious ass. I've been pissed by others on this board, and been able to reconcile their positions, but you are the only dick I want to slap the shit out of. Fuck off.Ever work a day in your life, or are you an OC brat that whines because your beemer is white instead of black? Say something smart you little prick. You never contribute a damn thing to advance this community, provide help to others, or sound advice. I've known a couple little cunts like you, they end up dying alone with their trust finds. I didn't want you getting bailed out all. Now the cockers are gonna throw more money at the problem . Good luck with the Govt as your banker.I want to beat you up, real bad you fucking smelly ass hole.You and Joe clearly have different political and economic view points. But in Joe's defense, this must be the most helpful and least sarcastic series of posts he's ever had. So I can't really see how you can accuse him of not being helpful...Look, a wall of quotes of joe offering help. Maybe I should remove some because theres already so many to make the point...I wouldn’t even consider those trades risky in light of the news that was coming out yesterday afternoon. Besides, my risk tolerance on the money I play with day-to-day is very high. The real money is managed by professionals and in property. The risk was when I had short positions on these stocks last week, not knowing when financials were going to pop on anything better than disastrous news.Watch for the pop in financials tomorrow. Buffet sneezed and spew $5B onto Goldman about an hour ago. Loaded up on GS ($126.50), MS ($29), and WB ($15.12) after-hours, stopping out at $115, $27, and $14.75 respectively. Looking for another 20% collectively again before the close.lesons in investments by Joe/takes notesI can say with confidence that WB will have a solid run up once this bill passes (and it will). Their mortgage-exposure is quite a bit higher than most other names in the sector and they have been beat down hard since I sold it at $24 last week, so I expect it to be one of the first names off to the races. We can easily see $20 by next Friday, and that's being conservative. Tomorrow, however, will be a rough day for financials, so I'll be looking at entry-points for FRE, WB, BAC, and even WM as purely a speculative play. We could see a 50-60% pop in WM intra-day with a massive short-covering.As of this second, I'm sitting on 100% cash as I would recommend anyone to do before the market's closed if you enjoy sleep. I can't even begin to tell you how flawed your analysis is. But I will agree that Pelosi is the dumbest cunt on Earth and needs to fall into a wood-chipper.Regardless of the catastrophic blood-bath on Wall St. today, the investing long and/or holding equities over night model is gone, and has been for the last 6 months. Your money is at risk if you are holding a position and walk away from a monitor showing a real-time tick-by-tick quote. Day-trading is the only way to make money in this environment. Buy purely on technical analysis that second. Wait for a small gain. Sell. Repeat. Need to take a piss? Close your positions and piss in comfort sitting on cash, knowing it wont be worth 5-10-15% less when you come back.Compounding small gains daily is the only way to go.Nothing is for sure until next week, although there is a good chance of a bidding war for WB by C and WFC. I might throw some money at it Monday morning purely as a speculative play on that, but if Citi wins this battle for Wachovia and Wells is forced to end talks of the deal, the stock will crumble.And it appears so:http://www.forbes.com/feeds/ap/2008/10/05/ap5509671.htmlLooks like C will be the first stock I'll buy Monday morning. Should be good for an easy 15% intra-day.Yeah. I'd rather put my money on a prop 2 or 12 bet on a craps table. At least I could be served drinks while I lose everything. Link to comment Share on other sites More sharing options...
J0E Posted October 21, 2008 Report Share Posted October 21, 2008 Fuck yourself JOE. I hope your shit falls apart and you have drive a Dodge dart. You are a pretentious ass. I've been pissed by others on this board, and been able to reconcile their positions, but you are the only dick I want to slap the shit out of. Fuck off.Ever work a day in your life, or are you an OC brat that whines because your beemer is white instead of black? Say something smart you little prick. You never contribute a damn thing to advance this community, provide help to others, or sound advice. I've known a couple little cunts like you, they end up dying alone with their trust finds. I didn't want you getting bailed out all. Now the cockers are gonna throw more money at the problem . Good luck with the Govt as your banker.I want to beat you up, real bad you fucking smelly ass hole. :lol: Link to comment Share on other sites More sharing options...
7 VII 7 Posted October 21, 2008 Report Share Posted October 21, 2008 we all know J0E is just a short fat balding yet very hairy everywhere else ***he might have money but that will not help the fact that he can not see his penis if he looks down Link to comment Share on other sites More sharing options...
Pops Racer Posted October 22, 2008 Report Share Posted October 22, 2008 Meh, it was his turn. Link to comment Share on other sites More sharing options...
Pops Racer Posted October 23, 2008 Report Share Posted October 23, 2008 You and Joe clearly have different political and economic view points. But in Joe's defense, this must be the most helpful and least sarcastic series of posts he's ever had. So I can't really see how you can accuse him of not being helpful...Look, a wall of quotes of joe offering help. Maybe I should remove some because theres already so many to make the point...Probably not as much as you think. Wow, you worked hard to get all that quoted. I'm impressed. Link to comment Share on other sites More sharing options...
Fudge_Brownie Posted October 23, 2008 Report Share Posted October 23, 2008 Probably not as much as you think. Wow, you worked hard to get all that quoted. I'm impressed.I'm a computer geek. We're quick with a mouse Probably took a lot less time than you think. I had also read through the entire thread start to finish a day or two before. Link to comment Share on other sites More sharing options...
7 VII 7 Posted October 28, 2008 Report Share Posted October 28, 2008 w00t made $$$$ today! Link to comment Share on other sites More sharing options...
Pops Racer Posted October 31, 2008 Report Share Posted October 31, 2008 Are CEO's and execs gonna get bonuses with our money? WTF! Link to comment Share on other sites More sharing options...
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