My prediction: DOW -500 tomorrow Tuesday Jan 22, 08….

[Ozzie]

I think the gov’t has finally figured out that the biggest economic risk to the country is the housing market and in particular the bad mortgages on lenders/investors/insurers books which are causing a credit crunch being felt in all aspects of the economy. With that said you are going to see a huge gov’t bailout which is already under way. The gov’t wants everyone who stands to lose their home to re-finance so that they stay in those homes and the loans will come of the lenders books. You think the $150 billion stimulus package is the end of this? No way. I can see the gov’t offering cash out re-fi’s to subprime borrowers so that they avoid forecosure and spend th cash to stimulate the economy. Buy WMT because that’s where a ton of the money is going to be spent, and then just wait until Hillary (former WMT board member) and Bill take over the White House.

[kev374]

+300pts? Never expected that!! Even when all the economic news is miserable the optimism of the market fueled by Wall St. greed amazes me. Guess these traders are still in denial.

[kev374]

+300pts? Never expected that!! Even when all the economic news is miserable the optimism of the market fueled by Wall St. greed amazes me. Guess these traders are still in denial.

[kev374]

+300pts? Never expected that!! Even when all the economic news is miserable the optimism of the market fueled by Wall St. greed amazes me. Guess these traders are still in denial.

[kev374]

+300pts? Never expected that!! Even when all the economic news is miserable the optimism of the market fueled by Wall St. greed amazes me. Guess these traders are still in denial.

[kev374]

+300pts? Never expected that!! Even when all the economic news is miserable the optimism of the market fueled by Wall St. greed amazes me. Guess these traders are still in denial.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[LA_Renter]

“Guess these traders are still in denial”

IMO I think what we saw today is a classic bear market rally. It’s rare to see a market move to the downside like that without a break. I played the SSO today, got in at 62.50 then it went down to about 61.15 and I thought uh oh I’m screwed. I had appts this afternoon and was relieved to see that trade work when I got home. I think this rally has some legs left to it and then back down we go. I am planning to take proceeds from the SSO trade and put back into SDS and ride that thing down. We will be in a process of hitting and testing new lows for a while here. The bond insurance bailout news is big IMO but it only means that we might avoid a total systemic meltdown, and hey I’ll tell ya I’m all for avoiding a total systemic meltdown. The unwinding process is still going to be long and painful and the world markets are truly signaling a significant slow down.

[Author]

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