jesus the nikkei down 6.04 %

[peterb]

I was told you cant trade shorts from IRA account types. Yet, they “let” you trade stocks. The man, always getting in your way with his hosed-up rule. Go for a self-directed out of PENSCO. At least that lets you have some options outside of the stock market. What a scam corporate 401K’s were for wall street! Made a huge differece in the brokerage business.
I would be careful about the gold trades. It’s starting to look like the next bubble. Although I think there may be a liguidation sell-off yet to come this month. I would be buying more at that time. The stock markets lack of resistance at support levels is indicating real strong capitulation. When Creamer and Jubak say to sell, I think that’s about it for this market. Look how moderate the coordinated rate cut is getting…

[cr]

Next thing they’ll do is ban selling any stocks at all.

[cr]

Next thing they’ll do is ban selling any stocks at all.

[cr]

Next thing they’ll do is ban selling any stocks at all.

[cr]

Next thing they’ll do is ban selling any stocks at all.

[cr]

Next thing they’ll do is ban selling any stocks at all.

[stockstradr]

Now increasing my 2X long postion to 50% of portfolio.

I see signs the fool’s rally is off and running now.

But if stocks instead drop another 5% today,then I’ll go long with MORE money.

New mood in markets. October is rally month.

[stockstradr]

Now increasing my 2X long postion to 50% of portfolio.

I see signs the fool’s rally is off and running now.

But if stocks instead drop another 5% today,then I’ll go long with MORE money.

New mood in markets. October is rally month.

[stockstradr]

Now increasing my 2X long postion to 50% of portfolio.

I see signs the fool’s rally is off and running now.

But if stocks instead drop another 5% today,then I’ll go long with MORE money.

New mood in markets. October is rally month.

[stockstradr]

Now increasing my 2X long postion to 50% of portfolio.

I see signs the fool’s rally is off and running now.

But if stocks instead drop another 5% today,then I’ll go long with MORE money.

New mood in markets. October is rally month.

[stockstradr]

Now increasing my 2X long postion to 50% of portfolio.

I see signs the fool’s rally is off and running now.

But if stocks instead drop another 5% today,then I’ll go long with MORE money.

New mood in markets. October is rally month.

[Coronita]

[quote=fat_lazy_union_worker][quote=tucker…]WASHINGTON – The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering economy.

The Fed reduced its key rate from 2 percent to 1.5 percent.

In Europe, which also has been hard hit by the financial crisis, the Bank of England cut its rate by half a point to 4.5 percent, while the European Central Bank sliced its rate to 3.75 percent.

Other central banks also taking part include the banks of Canada, Sweden, and Switzerland.

China also cut its key interest rates Wednesday for a second time in less than one month to stimulate slowing economic growth amid the global credit crisis.

Fed Chairman Ben Bernanke and his colleagues ratcheted down their key rate by 0.5 percentage point to 1.5 percent. The action revives the central bank’s rate-cutting campaign which had been halted in June out of concerns that those low rates would worsen inflation. Since then, however, economic and financial conditions have dangerously deteriorated, forcing the Fed to reverse course.

The fact that the Fed felt it couldn’t wait until its regularly scheduled meeting on Oct. 28-29, underscored the urgency of the situation.
[/quote]

Told ya it was gonna happen. Unfortunately, I’m a little surprised that the Fed only did 50basis and not something more aggressive. Unfortunately, me thinks it’s not going to be enough.

I went in long (again) into BAC premarket at 19.50, wish me luck… Today is gonna be a doosy.[/quote]

I’m out at 23.50… Good luck folks.

[Coronita]

[quote=fat_lazy_union_worker][quote=tucker…]WASHINGTON – The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering economy.

The Fed reduced its key rate from 2 percent to 1.5 percent.

In Europe, which also has been hard hit by the financial crisis, the Bank of England cut its rate by half a point to 4.5 percent, while the European Central Bank sliced its rate to 3.75 percent.

Other central banks also taking part include the banks of Canada, Sweden, and Switzerland.

China also cut its key interest rates Wednesday for a second time in less than one month to stimulate slowing economic growth amid the global credit crisis.

Fed Chairman Ben Bernanke and his colleagues ratcheted down their key rate by 0.5 percentage point to 1.5 percent. The action revives the central bank’s rate-cutting campaign which had been halted in June out of concerns that those low rates would worsen inflation. Since then, however, economic and financial conditions have dangerously deteriorated, forcing the Fed to reverse course.

The fact that the Fed felt it couldn’t wait until its regularly scheduled meeting on Oct. 28-29, underscored the urgency of the situation.
[/quote]

Told ya it was gonna happen. Unfortunately, I’m a little surprised that the Fed only did 50basis and not something more aggressive. Unfortunately, me thinks it’s not going to be enough.

I went in long (again) into BAC premarket at 19.50, wish me luck… Today is gonna be a doosy.[/quote]

I’m out at 23.50… Good luck folks.

[Coronita]

[quote=fat_lazy_union_worker][quote=tucker…]WASHINGTON – The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering economy.

The Fed reduced its key rate from 2 percent to 1.5 percent.

In Europe, which also has been hard hit by the financial crisis, the Bank of England cut its rate by half a point to 4.5 percent, while the European Central Bank sliced its rate to 3.75 percent.

Other central banks also taking part include the banks of Canada, Sweden, and Switzerland.

China also cut its key interest rates Wednesday for a second time in less than one month to stimulate slowing economic growth amid the global credit crisis.

Fed Chairman Ben Bernanke and his colleagues ratcheted down their key rate by 0.5 percentage point to 1.5 percent. The action revives the central bank’s rate-cutting campaign which had been halted in June out of concerns that those low rates would worsen inflation. Since then, however, economic and financial conditions have dangerously deteriorated, forcing the Fed to reverse course.

The fact that the Fed felt it couldn’t wait until its regularly scheduled meeting on Oct. 28-29, underscored the urgency of the situation.
[/quote]

Told ya it was gonna happen. Unfortunately, I’m a little surprised that the Fed only did 50basis and not something more aggressive. Unfortunately, me thinks it’s not going to be enough.

I went in long (again) into BAC premarket at 19.50, wish me luck… Today is gonna be a doosy.[/quote]

I’m out at 23.50… Good luck folks.

[Coronita]

[quote=fat_lazy_union_worker][quote=tucker…]WASHINGTON – The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a teetering economy.

The Fed reduced its key rate from 2 percent to 1.5 percent.

In Europe, which also has been hard hit by the financial crisis, the Bank of England cut its rate by half a point to 4.5 percent, while the European Central Bank sliced its rate to 3.75 percent.

Other central banks also taking part include the banks of Canada, Sweden, and Switzerland.

China also cut its key interest rates Wednesday for a second time in less than one month to stimulate slowing economic growth amid the global credit crisis.

Fed Chairman Ben Bernanke and his colleagues ratcheted down their key rate by 0.5 percentage point to 1.5 percent. The action revives the central bank’s rate-cutting campaign which had been halted in June out of concerns that those low rates would worsen inflation. Since then, however, economic and financial conditions have dangerously deteriorated, forcing the Fed to reverse course.

The fact that the Fed felt it couldn’t wait until its regularly scheduled meeting on Oct. 28-29, underscored the urgency of the situation.
[/quote]

Told ya it was gonna happen. Unfortunately, I’m a little surprised that the Fed only did 50basis and not something more aggressive. Unfortunately, me thinks it’s not going to be enough.

I went in long (again) into BAC premarket at 19.50, wish me luck… Today is gonna be a doosy.[/quote]

I’m out at 23.50… Good luck folks.

[Author]

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