Massacre at wallstreet tommorow... - GoFuckYourself.com

Sami · 01-15-2008, 07:27 PM

Tommorow is going to be a massacre at wallstreet !!!!

Every stock over the p/e of 20 is going to get shanked!

The only way to save the stock market from a massive crash is for the fed to make an emergency rate cut!

Its going to be a bad day for america!

Damian_Maxcash · 01-15-2008, 07:29 PM

Quote:

Originally Posted by Sami

Tommorow is going to be a massacre at wallstreet !!!!

Every stock over the p/e of 20 is going to get shanked!

The only way to save a stock market crash is for the fed to make an emergency rate cut!

Great then the $ will drop again - Its not looking good though, you are right on that....

Spunky · 01-15-2008, 07:34 PM

My mutuals took a shit kicking today :/

ucv.karl · 01-15-2008, 07:36 PM

Quote:

Originally Posted by Sami

The only way to save the stock market from a massive crash is for the fed to make an emergency rate cut!

Then in 1 month from now, the same thing will happen.

Cutting the rate is only postponing the inevitable.

tony286 · 01-15-2008, 07:38 PM

my Dad who was in banking for many years said the best thing that could happen was the market drops 900-1000 points gets all the bullshit out and it can start going up again.Instead of this up 200 points down 200 points.

zigx · 01-15-2008, 07:44 PM

ron paul has some shit to say about our dollar.

GatorB · 01-15-2008, 07:45 PM

Quote:

Originally Posted by ucv.karl

Then in 1 month from now, the same thing will happen.

Cutting the rate is only postponing the inevitable.

No shit the government should stop fucking with the ecomony. What happened to free market?

zigx · 01-15-2008, 07:45 PM

Quote:

Originally Posted by Spunky

My mutuals took a shit kicking today :/

same here.. ytd im actually in the neg for once. (mutuals only)

zigx · 01-15-2008, 07:46 PM

Quote:

Originally Posted by ucv.karl

Then in 1 month from now, the same thing will happen.

Cutting the rate is only postponing the inevitable.

i second that.

zigx · 01-15-2008, 07:47 PM

FYI this might be a good buy if you feel the markets are going to eat some serious shit.

Ticker DXD Ultra short dow 30:
http://stockcharts.com/h-sc/ui?s=dxd...d=p31062446072

Tat2Jr · 01-15-2008, 07:49 PM

At least we'll be able to stop bitching about outsourcing soon..... India will be outsourcing their call centers to us, and joe bob can get his job back. Of course Joe Bob will have to say his name is Rahesh when he answers the phones but he'll get his job back. Maybe we can even start making t-shirts for the Chinese soon!

tony286 · 01-15-2008, 07:50 PM

Quote:

Originally Posted by Tat2Jr

At least we'll be able to stop bitching about outsourcing soon..... India will be outsourcing their call centers to us, and joe bob can get his job back. Of course Joe Bob will have to say his name is Rahesh when he answers the phones but he'll get his job back. Maybe we can even start making t-shirts for the Chinese soon!

thats funny and very sad

halfpint · 01-15-2008, 07:56 PM

I just heard on the news that City Bank over in the US lost $5bn net for the last three months.

Chief executive Vikram Pandit said the loss had been caused by a $18.1bn exposure to bad mortgage debt and was "clearly unacceptable".

http://news.bbc.co.uk/1/hi/business/7188909.stm

Sami · 01-15-2008, 08:21 PM

pretty much every bank in the us and alot of the banks outside of US had large exposure to US subprime mortgage.

The only one that called this failure of the subprime lending was goldman sachs, and they shorted the entire subprime industry earning them billions !!!

Impressive call!

Goldman sachs are the only analysts that seem to get it right over and over again!

Sami · 01-15-2008, 08:25 PM

Worst part of this is.. ALOT of the houses bought in the US were in 2003 and 2004.. The mortages on them are to reset in 2008 .. and chances are 20 - 25% of them are going to default!

So the US banking system is in a major mess,major credit crunch... (if they try to solve the credit crunch the Federal reserve needs to print out more money so inflation and ultimately stagflation) ... so I think we'r in major mess for a long time to come im sad to say

We could litterally see a semi-depression for a good 4 -5 years to come !

SinisterStudios · 01-15-2008, 08:26 PM

Speaking of Golden Sacks you have to see the setup they have in the datcenter i have my cage in, they have 8000 servers stacked from 40 to a rack in rack after rack after rack, their setup is feaking huge

L-Pink · 01-15-2008, 08:28 PM

Quote:

Originally Posted by Sami

pretty much every bank in the us and alot of the banks outside of US had large exposure to US subprime mortgage.

The only one that called this failure of the subprime lending was goldman sachs, and they shorted the entire subprime industry earning them billions !!!

Impressive call!

Goldman sachs are the only analysts that seem to get it right over and over again!

In this case it was their association with Sumitomo Corp and their experience with past lending mistakes in Japan, or Goldman might also be having problems.

Evil E · 01-15-2008, 08:58 PM

So when will it stop going down? I'll be there to buy an index fund.

slapass · 01-15-2008, 09:08 PM

I was looking as tomorrow as a technical buy near the open. But man banks are totally wacked and the worst is Citibank cut the dividend so others will follow and now there is no reason buy them.

01-15-2008, 07:27 PM	#1
Sami Confirmed User Join Date: Mar 2004 Posts: 2,047	Massacre at wallstreet tommorow... Tommorow is going to be a massacre at wallstreet !!!! Every stock over the p/e of 20 is going to get shanked! The only way to save the stock market from a massive crash is for the fed to make an emergency rate cut! Its going to be a bad day for america! __________________ ServerProvider.com ICQ#: 311-848-143 Last edited by Sami; 01-15-2008 at 07:29 PM..

01-15-2008, 07:34 PM	#3
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,949	My mutuals took a shit kicking today :/ __________________ *YOUR INFORMATION HERE*

01-15-2008, 07:44 PM	#6
zigx Confirmed User Join Date: Sep 2003 Location: Burlingame CA Posts: 1,430	ron paul has some shit to say about our dollar. __________________ _,.:'`- Club JK . com --> 60% payouts RSS, Hosteds, POTD, Your Mother, etc... CCBill

01-15-2008, 07:47 PM	#10
zigx Confirmed User Join Date: Sep 2003 Location: Burlingame CA Posts: 1,430	FYI this might be a good buy if you feel the markets are going to eat some serious shit. Ticker DXD Ultra short dow 30: http://stockcharts.com/h-sc/ui?s=dxd...d=p31062446072 __________________ _,.:'`- Club JK . com --> 60% payouts RSS, Hosteds, POTD, Your Mother, etc... CCBill

01-15-2008, 07:49 PM	#11
Tat2Jr Confirmed User Join Date: Feb 2001 Location: Sunny California Posts: 4,882	At least we'll be able to stop bitching about outsourcing soon..... India will be outsourcing their call centers to us, and joe bob can get his job back. Of course Joe Bob will have to say his name is Rahesh when he answers the phones but he'll get his job back. Maybe we can even start making t-shirts for the Chinese soon! __________________ NICHE MONEY >> Ass Worship • Panties • Solo Teen • Pantyhose Serving up exclusive fetish sites since 1997!

01-15-2008, 07:38 PM	#5
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	my Dad who was in banking for many years said the best thing that could happen was the market drops 900-1000 points gets all the bullshit out and it can start going up again.Instead of this up 200 points down 200 points.

01-15-2008, 07:56 PM	#13
halfpint GFY's Halfpint Industry Role: Join Date: Jun 2007 Location: UK Posts: 15,223	I just heard on the news that City Bank over in the US lost $5bn net for the last three months. Chief executive Vikram Pandit said the loss had been caused by a $18.1bn exposure to bad mortgage debt and was "clearly unacceptable". http://news.bbc.co.uk/1/hi/business/7188909.stm __________________ Get FREE website listings on Cryptocoinshops.net

01-15-2008, 08:21 PM	#14
Sami Confirmed User Join Date: Mar 2004 Posts: 2,047	pretty much every bank in the us and alot of the banks outside of US had large exposure to US subprime mortgage. The only one that called this failure of the subprime lending was goldman sachs, and they shorted the entire subprime industry earning them billions !!! Impressive call! Goldman sachs are the only analysts that seem to get it right over and over again! __________________ ServerProvider.com ICQ#: 311-848-143

01-15-2008, 08:25 PM	#15
Sami Confirmed User Join Date: Mar 2004 Posts: 2,047	Worst part of this is.. ALOT of the houses bought in the US were in 2003 and 2004.. The mortages on them are to reset in 2008 .. and chances are 20 - 25% of them are going to default! So the US banking system is in a major mess,major credit crunch... (if they try to solve the credit crunch the Federal reserve needs to print out more money so inflation and ultimately stagflation) ... so I think we'r in major mess for a long time to come im sad to say We could litterally see a semi-depression for a good 4 -5 years to come ! __________________ ServerProvider.com ICQ#: 311-848-143

01-15-2008, 08:26 PM	#16
SinisterStudios Confirmed User Join Date: Nov 2003 Location: New Joisey Posts: 3,087	Speaking of Golden Sacks you have to see the setup they have in the datcenter i have my cage in, they have 8000 servers stacked from 40 to a rack in rack after rack after rack, their setup is feaking huge __________________ SEOIP.com Multiple IP Webhosting Shared and Dedicated IP's - Multiple Class A's - From $1.99/ip

01-15-2008, 08:58 PM	#18
Evil E Confirmed User Join Date: Apr 2005 Location: Lazyness is a lifestyle Posts: 3,201	So when will it stop going down? I'll be there to buy an index fund. __________________ A girl once told me "Give me 8 inches and make it HURT". So, I fucked her twice and hit her with a brick.

01-15-2008, 09:08 PM	#19
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	I was looking as tomorrow as a technical buy near the open. But man banks are totally wacked and the worst is Citibank cut the dividend so others will follow and now there is no reason buy them.