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Banking crisis? Panic?
Posted on 7/14/08 at 11:28 am
Posted on 7/14/08 at 11:28 am
National City's stock is down nearly 30% and trading is halted as of right now.
I think we're in a bank panic.
I think we're in a bank panic.
Posted on 7/14/08 at 11:33 am to Sluggo
I always pull the trigger too fast. I should learn to play it out slower.
I have literally left over $10k on the table since thursday.
And yeah, there is a banking crisis going on.
I have literally left over $10k on the table since thursday.
And yeah, there is a banking crisis going on.
Posted on 7/14/08 at 11:33 am to Sluggo
meh. they've been living on borrowed time for about a year.
Posted on 7/14/08 at 12:28 pm to Colonel Hapablap
WaMu down 30% and talk of them being next. I wonder. Lots of nervous people in Seattle.
Posted on 7/14/08 at 12:30 pm to Tiger JJ
Speaking of closing out a position too early.
Posted on 7/14/08 at 12:31 pm to Tiger JJ
so, these people are taking money out of the bank...where are they moving it?
Posted on 7/14/08 at 12:36 pm to Chicken
Seems like a boon to mattress retailers.
Posted on 7/14/08 at 12:37 pm to Tiger JJ
quote:
Seems like a boon to mattress retailers.
nice
Posted on 7/14/08 at 12:38 pm to Chicken
probably directly into treasuries. The 10-year yield is materially down today.
Posted on 7/14/08 at 12:46 pm to Colonel Hapablap
quote:
probably directly into treasuries. The 10-year yield is materially down today.
Finally. That shite was scary on Friday.
Posted on 7/14/08 at 12:51 pm to Tiger JJ
yes, it was. Debt market dislocations == fricked in ways that I don't care to contemplate.
Posted on 7/14/08 at 1:14 pm to Tiger JJ
alot can be fit into a large gun safe.
I wonder if home safe sales are up at lowes?
I wonder if home safe sales are up at lowes?
Posted on 7/14/08 at 1:15 pm to Chicken
they are liquidating all of their assets and getting cash and burrying it in their backyard, they will only do transactions in cash so they won't have to file taxes and avoid obamas taxes and receive money from the obamanation administration for not doing shite until the next Republican is elected and GOP congress. then they will invest again.
Posted on 7/14/08 at 1:17 pm to Tiger JJ
quote:
Finally. That shite was scary on Friday.
you think? I was about to start using dollars to wipe my arse.
Posted on 7/14/08 at 1:45 pm to Chicken
opportunity for TD to enter a whole new field.
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