Market today

[MaTH716]

Originally Posted by wiphan

Go ask the Fed they seem to be the lender of choice. 200 billion to fannie and freddie. It will be interesting to see if they bail out GM next. GM definitely has their hands out waiting...

It's easy when you could just print out however much you need.

I still got the 2 dollars in my pocket.
Nothing leaked out.

Opportunities abound.
The rats come to feed on the carcus of the dead bull.

[dalakhani]

People talk about opportunities. I agree. But those opportunities are 1 in 10 within those falling knives. You wanna guess a bottom? a near bottom?

[philcski]

This isn't a stock buying opportunity. Things are much, MUCH worse than the stock market has priced in yet.

Originally Posted by philcski

This isn't a stock buying opportunity. Things are much, MUCH worse than the stock market has priced in yet.

It's been a long time comin', eh Phil?

[philcski]

Originally Posted by Coach Pants

It's been a long time comin', eh Phil?

I think it has. Wall Street has brought the blood upon themselves with unrealistic expectations and increasingly exotic and difficult to value transactions.

Having spent 14 hours at the office today trading out of now defunct derivative contracts with said bankrupt broker dealer, I wanna just shoot myself!

Originally Posted by dalakhani

People talk about opportunities. I agree. But those opportunities are 1 in 10 within those falling knives. You wanna guess a bottom? a near bottom?

I will by S and P Index.
Its a wonderful time.

Lets talk in 5 years.

And heck no I wont catch the bottom.
Does not matter.

[timmgirvan]

Originally Posted by MaTH716

It's easy when you could just print out however much you need.

.....I must have missed that year!