tag:blogger.com,1999:blog-6492542366661862113.post4591328736694491852..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: DOW Closes Below 10,000 as Worries MountJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6492542366661862113.post-57190585974630186002010-05-27T17:18:02.636-07:002010-05-27T17:18:02.636-07:00Flip
Nice!
Got pipped.
I figured we had anoth...Flip<br /><br />Nice! <br /><br />Got pipped. <br /><br />I figured we had another leg up coming at some point.<br /><br />Next wave down will be interesting.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-90740799522265965642010-05-27T16:28:58.830-07:002010-05-27T16:28:58.830-07:00But it's the only casino!
We should have some...But it's the only casino!<br /><br />We should have some follow through tomorrow...I'm learning to run with the herd (finally)!flipdippynoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-46495824743061007692010-05-27T11:24:09.891-07:002010-05-27T11:24:09.891-07:00Anon
Great points.
I have pretty much accepted t...Anon<br /><br />Great points.<br /><br />I have pretty much accepted the fact that the market means nothing at this point.<br /><br />Outside of bonds I am almost completely in cash. I have a few small positions. <br /><br />Hopefully one day the market becomes a place you can actually invest in again.<br /><br />Right now it's nothing more than a manipulated casino like you said.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-69353261548123953802010-05-27T09:45:56.172-07:002010-05-27T09:45:56.172-07:00It looks like TPTB are going to try their best to ...It looks like TPTB are going to try their best to keep the DOW at or above 10K. Probably not too hard since the big financial firms are essentially the stock market now. So Jeff, when do we start to not even care what the DOW and S&P are at because they really aren't representative of any useful information? It is tough to look at any numbers these days to try to figure out the state of the economy. Everything seems to be manipulated in some fashion.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-22901857198093936182010-05-26T20:09:10.208-07:002010-05-26T20:09:10.208-07:00Herb
Yup I agree.
I think they all keep spending...Herb<br /><br />Yup I agree.<br /><br />I think they all keep spending thinking they will get a bailout which will probably happen. The insanity will end at some point and it will be sooner rather than laterJeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-17189741644980266452010-05-26T19:30:43.740-07:002010-05-26T19:30:43.740-07:00Cutbacks at the state level are now starting to sn...Cutbacks at the state level are now starting to snowball. 2010 will end up a very rough year.Herbhttps://www.blogger.com/profile/09778090152799165490noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-46214012833708848042010-05-26T19:18:34.357-07:002010-05-26T19:18:34.357-07:00Well C-T, Spain did have to merge 4 of their big b...Well C-T, Spain did have to merge 4 of their big banks for "liquidity issues" and then merge a few other ones as well. Maybe you are more right than you know? Of course anothe rbig bank failure is unlikley with the world bailout circus on tour.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-69868212301747673522010-05-26T19:05:19.047-07:002010-05-26T19:05:19.047-07:00Get, read the comments in Jeff's previous stor...Get, read the comments in Jeff's previous story for my prediction.<br /><br />It'll make you feel better about yours.<br /><br />As for the market, it might rally and drag on for a while yet...but I still think this is the Great Depression II, followed by war.<br /><br />I feel like such a cynical bitch for typing that, but I fully expect it to happen.CT-Hilltopperhttps://www.blogger.com/profile/12072957592435260585noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-45317477426914760422010-05-26T16:47:00.364-07:002010-05-26T16:47:00.364-07:00Thanks Get
I am playing small here but it worked ...Thanks Get<br /><br />I am playing small here but it worked today.<br /><br />The volatility is creating some nice opportunities. <br /><br />We'll see what happens tomorrow. Who knows I could get stopped out on a huge ramp.<br /><br />No signs of it so far though.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-513958440790754892010-05-26T15:58:51.008-07:002010-05-26T15:58:51.008-07:00Wow, nice SDS play. You have courage my man!Wow, nice SDS play. You have courage my man!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com