- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum
Posted on 3/2/09 at 6:13 pm to kfizzle85
Posted on 3/2/09 at 6:13 pm to kfizzle85
Yeah, I understand. I am trying to make a buck here or there.
You and I and many others are combing the beach, looking for an object of value or possibly some clams to eat.
Buffet told us a while back that when the tide went out we would 'find out who is swimming naked'. Too bad he got naked at just the wrong time.
You and I and many others are combing the beach, looking for an object of value or possibly some clams to eat.
Buffet told us a while back that when the tide went out we would 'find out who is swimming naked'. Too bad he got naked at just the wrong time.
Posted on 3/2/09 at 6:15 pm to Rivers
Long term TBT is a lock. THat being said I have nothing invested
Posted on 3/2/09 at 6:18 pm to kfizzle85
quote:
Cant tank if you cant trade!
Is your name Kevin Fizzle Putin? maybe we should just declare that the S&P 500 is now set to 1000.
quote:
And since that makes absolutely no sense, and might literally be the worst possible thing to do...let's just hope they're not that retarded.
I feel confident eventually markets get closed either by circuit breaker or decree. Its just too fricked up not to. But I suspect we are a while from that point.
quote:
If the stock goes to >7, I'll probably get out and set my sights on an insurer or one of my reit/property managers, but those are much longer-term ideas anyway.
seriously let me know your reit's. I would love to short some of them. I think there is nice money there to be made.
Also, I would suggest exiting your options earlier than later. If you can make 20-30% profit in weeks, its wise to act. If in doubt, sell half.
Posted on 3/2/09 at 6:23 pm to igoringa
Gold and cash right now and likely to stay that way for some time. Gold had a sharp decline today and has dropped about $70 in the last week. Some of the pros were saying a lot of sales from funds to cover margins were causing the pull back. Don't know, don't really care.
Watch crude just prior to summer driving season for a possible little bounce.
Watch crude just prior to summer driving season for a possible little bounce.
Posted on 3/2/09 at 6:26 pm to igoringa
those inverse ETFs are tricky to deal with though. I have a small investment in TBT, but I am seeing some slippage. Plus, timing the selling is very hard.
Posted on 3/2/09 at 6:44 pm to MileHigh
quote:
This what all those people that voted for OBAMA wanted. They asked for change and got it. All your investment is gone and you will be broke in two years just like all the people on welfare.
Actually, this started long before Obama was in office.
And I voted for Obama and I DO invest in the stock market.
The day I vote Republican is, well...never. ;)
Oh yeah, and under Obama my taxes will increase, and so what? how much money do i actually need?
Greedy Republicans
This post was edited on 3/2/09 at 6:46 pm
Posted on 3/2/09 at 6:47 pm to MileHigh
I have spent some time checking out commodity ETFs recently. I wouldn't touch any of them with a ten foot pole.
Posted on 3/2/09 at 6:50 pm to SanFranTiger
quote:To live in San Francisco? A lot
Oh yeah, and under Obama my taxes will increase, and so what? how much money do i actually need?
Posted on 3/2/09 at 8:35 pm to Rivers
quote:
You and I and many others are combing the beach, looking for an object of value or possibly some clams to eat.
FWIW I fricking love clams, especially with some pomme frittes and a nice broth.
quote:
Is your name Kevin Fizzle Putin? maybe we should just declare that the S&P 500 is now set to 1000.
In Communist Russia,...you know the joke.
quote:
seriously let me know your reit's. I would love to short some of them. I think there is nice money there to be made.
The ones I am really thinking hard about are: There are two that I think have a lot of potential, BXP as one, but more importantly, SLY. I haven't had a chance to really get into enough details, but the short of it (ha!) is that they both have a ton of NYC C/RE and several properties that were bought within the last year. So if you want to go and look, by all means do so, but I haven't had a chance to dig enough just yet. There a several more (as well as insurers with CRE exposure) but those are the two I'm concentrating on the most.
quote:
Also, I would suggest exiting your options earlier than later. If you can make 20-30% profit in weeks, its wise to act. If in doubt, sell half.
I absolutely will, I want to shift the funds to these longer horizon CRE plays ASAP. Of the ones I've been tracking (only a week, definitely skews results), 4 are down ~15%, two others 22 and 35% respectively.
Posted on 3/2/09 at 8:35 pm to MileHigh
quote:
I think the stick save will have to be epic to change the mood. Only thing I can think of is some sort of tax holiday, or possibly volckler replacing turbotaxtimmy as sec of treasury (don't think that will happen
I think Geithner is gone by summer, if not sooner. I don't think Bernake will not make it to end of his term in '10. Maybe he will serve out his full term but I don't see it, with whats going down in the markets.
Volcker is 82 years old, I doubt he has the energy or strength to face one of the worst tasks that a person will ever have to face, trying to right the ship of the worlds largest economy. Volcker and Reagan worked hard to get stagflation under control but it came with a deep recession(which was not too popular with the voters). Knowing that Volcker raised interest rates to over 20% in the 1980s will not sit too well with barry and more importantly, Lawerence Summers.
Summers appears to be calling the shots right now, and Geithner is getting some input but he is probably serving more a yes-man. I think Bernake cares what is happening and wants to do the right thing but Summers is over ruling him and Bernake is just waiting for his term to expire in 2010 so he can get out of Dodge.
Then you have the Clueless ones, Nancy Pelosi, Harry Reid, Blarny Flank, Rahm and others on the left who are wanting to tax and spend like there is no tommorow. I think Dodd is pretty smart and realizes the monster that he help create and I think he is trying to quietly wiggle his way out of this mess and ride off into the sunset unscathed.
As you have stated, the real solution is for us to bite the bullet, take our losses and reset. But that is politically unpopular and politically a near impossiblity. People do not like to see the value of thier 401ks, stocks, and other assets plummet(which was the reason that the GOP got skunked in 2008).
But Mr Market has been letting the air out of this huge giagantic bubble.
Posted on 3/2/09 at 8:37 pm to MileHigh
quote:
(close the markets?
instant tankage.
Absolutely
Posted on 3/2/09 at 8:40 pm to SanFranTiger
quote:
San Francisco and New Orleans
quote:
I voted for Obama
quote:
The day I vote Republican is, well...never. ;)
shocker
Posted on 3/2/09 at 8:49 pm to TigahRag
I love it. Markets tumble when Bush takes office - it must be Clinton's fault. If it happens when a black man takes office, its all his fault.
This post was edited on 3/2/09 at 8:50 pm
Posted on 3/2/09 at 8:58 pm to BurnKDoeBurn
quote:
I love it. Markets tumble when Bush takes office - it must be Clinton's fault.
You were not paying much attention then. The main stream media blamed Bush and said everything was rosey under Clinton.
quote:
If it happens when a black man takes office, its all his fault.
I wonder who you voted for?
Posted on 3/2/09 at 9:03 pm to Colonel Hapablap
at Rag for starting this
Posted on 3/2/09 at 9:12 pm to Colonel Hapablap
quote:
it's Spidey. Again.
Busted, again. That must some good IP masking software he has.
Posted on 3/2/09 at 9:19 pm to Cash
quote:
The main stream media blamed Bush
Who cares what the media thought, who did Republicans blame?
Posted on 3/2/09 at 9:24 pm to kfizzle85
quote:
The ones I am really thinking hard about are: There are two that I think have a lot of potential, BXP as one,
looked quickly at BXP, they look like a great candidate to short....in Aug of 08. Seriously they don't have a great cash flow situation, especially if they lose occupancy. Of course, their debt is sitting at 2/3 of their property assets. Do you think firesales will bring in 2/3? I think that could be a maybe.
Who knows.
Couldn't find SLY as a reit. A penny stock popped up, but I doubt you want to short a penny stock. Now I tried SKY too, and that looks like a short opportunity. They make recreational vehicles. I shall give you 2% finders fee on all earnings in shorting SKY.
Posted on 3/2/09 at 9:25 pm to BurnKDoeBurn
quote:
who did Republicans blame
Republicans blame the Democrats, and Democrats blame the Republicans. Nothing new. This is the way it is now, then and in the future.
Take this shite to the Poli board.
Popular
Back to top
Follow TigerDroppings for LSU Football News