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March 17, 2008 at 11:44 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171627March 17, 2008 at 11:44 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171958
drunkle
Participanti think you’re hoping that saving a bank or two is going to save us from financial ruin… it wont.
i’m not hoping that the banks fail, i’m nearly certain that many will fail or if not outright fail, lose lots of “value”, ie., stock price.
there’s no “adding fuel to the fire”, short positions are a minority compared to longs. short positions would end worthless if the companies were in good shape. the companies are fueling the fire by lying about their positions, they made their beds by taking advantage of deregulation and running hog fucking wild with free money.
bank runs are nearly certain to happen. the little guy is hurt by putting all his trust in the corporation, the fed, the government, the ratings agencies, the major media outlets. i and others here taking short positions are trying to not get as hurt. self preservation and i’m surprised to hear anyone chastizing us for doing the smart thing.
edit:
do you chastize rich for having taken positions in gold? he was certain of the downfall of housing and the dollar, does he deserve to be admonished for being right?March 17, 2008 at 11:44 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171964drunkle
Participanti think you’re hoping that saving a bank or two is going to save us from financial ruin… it wont.
i’m not hoping that the banks fail, i’m nearly certain that many will fail or if not outright fail, lose lots of “value”, ie., stock price.
there’s no “adding fuel to the fire”, short positions are a minority compared to longs. short positions would end worthless if the companies were in good shape. the companies are fueling the fire by lying about their positions, they made their beds by taking advantage of deregulation and running hog fucking wild with free money.
bank runs are nearly certain to happen. the little guy is hurt by putting all his trust in the corporation, the fed, the government, the ratings agencies, the major media outlets. i and others here taking short positions are trying to not get as hurt. self preservation and i’m surprised to hear anyone chastizing us for doing the smart thing.
edit:
do you chastize rich for having taken positions in gold? he was certain of the downfall of housing and the dollar, does he deserve to be admonished for being right?March 17, 2008 at 11:44 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171983drunkle
Participanti think you’re hoping that saving a bank or two is going to save us from financial ruin… it wont.
i’m not hoping that the banks fail, i’m nearly certain that many will fail or if not outright fail, lose lots of “value”, ie., stock price.
there’s no “adding fuel to the fire”, short positions are a minority compared to longs. short positions would end worthless if the companies were in good shape. the companies are fueling the fire by lying about their positions, they made their beds by taking advantage of deregulation and running hog fucking wild with free money.
bank runs are nearly certain to happen. the little guy is hurt by putting all his trust in the corporation, the fed, the government, the ratings agencies, the major media outlets. i and others here taking short positions are trying to not get as hurt. self preservation and i’m surprised to hear anyone chastizing us for doing the smart thing.
edit:
do you chastize rich for having taken positions in gold? he was certain of the downfall of housing and the dollar, does he deserve to be admonished for being right?March 17, 2008 at 11:44 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #172066drunkle
Participanti think you’re hoping that saving a bank or two is going to save us from financial ruin… it wont.
i’m not hoping that the banks fail, i’m nearly certain that many will fail or if not outright fail, lose lots of “value”, ie., stock price.
there’s no “adding fuel to the fire”, short positions are a minority compared to longs. short positions would end worthless if the companies were in good shape. the companies are fueling the fire by lying about their positions, they made their beds by taking advantage of deregulation and running hog fucking wild with free money.
bank runs are nearly certain to happen. the little guy is hurt by putting all his trust in the corporation, the fed, the government, the ratings agencies, the major media outlets. i and others here taking short positions are trying to not get as hurt. self preservation and i’m surprised to hear anyone chastizing us for doing the smart thing.
edit:
do you chastize rich for having taken positions in gold? he was certain of the downfall of housing and the dollar, does he deserve to be admonished for being right?March 17, 2008 at 11:03 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171582drunkle
Participantgolfgal:
the fed gave jpm 30 bil to take over bsc. how much more money does the fed have? what happens if they try to bail out every? you’re talking about bad and worse, they’re screwed, they’re all screwed and we’re all screwed right along with them. there’s no stopping it, but at least we can try and take advantage of it and help our own situations.
flu:
screw spending your own money! take the angel cash, it’s a stronger motivator since you have outside obligations and it’s reduced risk to you.
March 17, 2008 at 11:03 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171916drunkle
Participantgolfgal:
the fed gave jpm 30 bil to take over bsc. how much more money does the fed have? what happens if they try to bail out every? you’re talking about bad and worse, they’re screwed, they’re all screwed and we’re all screwed right along with them. there’s no stopping it, but at least we can try and take advantage of it and help our own situations.
flu:
screw spending your own money! take the angel cash, it’s a stronger motivator since you have outside obligations and it’s reduced risk to you.
March 17, 2008 at 11:03 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171919drunkle
Participantgolfgal:
the fed gave jpm 30 bil to take over bsc. how much more money does the fed have? what happens if they try to bail out every? you’re talking about bad and worse, they’re screwed, they’re all screwed and we’re all screwed right along with them. there’s no stopping it, but at least we can try and take advantage of it and help our own situations.
flu:
screw spending your own money! take the angel cash, it’s a stronger motivator since you have outside obligations and it’s reduced risk to you.
March 17, 2008 at 11:03 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171940drunkle
Participantgolfgal:
the fed gave jpm 30 bil to take over bsc. how much more money does the fed have? what happens if they try to bail out every? you’re talking about bad and worse, they’re screwed, they’re all screwed and we’re all screwed right along with them. there’s no stopping it, but at least we can try and take advantage of it and help our own situations.
flu:
screw spending your own money! take the angel cash, it’s a stronger motivator since you have outside obligations and it’s reduced risk to you.
March 17, 2008 at 11:03 AM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #172021drunkle
Participantgolfgal:
the fed gave jpm 30 bil to take over bsc. how much more money does the fed have? what happens if they try to bail out every? you’re talking about bad and worse, they’re screwed, they’re all screwed and we’re all screwed right along with them. there’s no stopping it, but at least we can try and take advantage of it and help our own situations.
flu:
screw spending your own money! take the angel cash, it’s a stronger motivator since you have outside obligations and it’s reduced risk to you.
March 16, 2008 at 7:19 PM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171172drunkle
Participantmorgan stanley, merrill, citi, lehman… short em! short em all!
hsbc, barclays when the contagion crosses the atlantic…! ubs is already showing symptoms…
edit: actually, i’m already in, wont add more shorts until i see the fed or even global central banks pull out all the stops… somethings has got to be attempted here, 4th quarter with a minute to go, watch out for that hail mary…
March 16, 2008 at 7:19 PM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171505drunkle
Participantmorgan stanley, merrill, citi, lehman… short em! short em all!
hsbc, barclays when the contagion crosses the atlantic…! ubs is already showing symptoms…
edit: actually, i’m already in, wont add more shorts until i see the fed or even global central banks pull out all the stops… somethings has got to be attempted here, 4th quarter with a minute to go, watch out for that hail mary…
March 16, 2008 at 7:19 PM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171508drunkle
Participantmorgan stanley, merrill, citi, lehman… short em! short em all!
hsbc, barclays when the contagion crosses the atlantic…! ubs is already showing symptoms…
edit: actually, i’m already in, wont add more shorts until i see the fed or even global central banks pull out all the stops… somethings has got to be attempted here, 4th quarter with a minute to go, watch out for that hail mary…
March 16, 2008 at 7:19 PM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171531drunkle
Participantmorgan stanley, merrill, citi, lehman… short em! short em all!
hsbc, barclays when the contagion crosses the atlantic…! ubs is already showing symptoms…
edit: actually, i’m already in, wont add more shorts until i see the fed or even global central banks pull out all the stops… somethings has got to be attempted here, 4th quarter with a minute to go, watch out for that hail mary…
March 16, 2008 at 7:19 PM in reply to: JPM offers to buy Bear for $2/shared; Fed cuts discount rate #171608drunkle
Participantmorgan stanley, merrill, citi, lehman… short em! short em all!
hsbc, barclays when the contagion crosses the atlantic…! ubs is already showing symptoms…
edit: actually, i’m already in, wont add more shorts until i see the fed or even global central banks pull out all the stops… somethings has got to be attempted here, 4th quarter with a minute to go, watch out for that hail mary…
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