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05-09-2010, 04:10 PM
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7 posts, read 11,060 times
Reputation: 16
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Ah! That magnificent machine - high frequency trading. The amazing thing is that the gov is supporting that. What a life we are having. Do not feel bad though, try to enjoy it.
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05-10-2010, 10:27 AM
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14,256 posts, read 16,211,573 times
Reputation: 13754
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Dow up 400 so far today. 
Just thought I would mention it  |
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05-10-2010, 11:30 AM
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Location: Atlanta, GA
1,194 posts, read 1,910,543 times
Reputation: 816
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It's basically European TARP+QE. The wheels on the bus go round and round...
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05-10-2010, 04:42 PM
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Location: Milwaukee
933 posts, read 1,754,422 times
Reputation: 1600
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Quote:
Originally Posted by jhtrico1850
It's basically European TARP+QE. The wheels on the bus go round and round...
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I guess 1 trillion more in debt is great economic news. I wouldn't get to excited about this one day rally. This is only delaying the reality of the situation. We all know where this is heading and it aint pretty. I have little trust in the stock market anymore. The last time the market had these crazy ups and down it didn't turn out well. |
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05-10-2010, 09:30 PM
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10,738 posts, read 8,807,427 times
Reputation: 9552
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The drop was manufactured by the banks to force the ECB to take the bad loans off of their hands. They did the same in 2008 when TARP was initially voted down, and this past January, the market fell for a month when Obama proposed separating the trading operations from the banks. The ECB was refusing to monetize the bad loans. This market is fake on both sides.
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05-10-2010, 09:47 PM
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14,256 posts, read 16,211,573 times
Reputation: 13754
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Quote:
Originally Posted by Allan Trafton
I guess 1 trillion more in debt is great economic news. I wouldn't get to excited about this one day rally. This is only delaying the reality of the situation. We all know where this is heading and it aint pretty. I have little trust in the stock market anymore. The last time the market had these crazy ups and down it didn't turn out well.
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It turned out great. I went back into the market when it went under 7000 and made a lot of money |
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