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September Stock Talk IV

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All-Star
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Posted: #1

Just saw a headline on Marketwatch.

Goldman Sachs (GS) and Morgan Stanley (MS) to now become "bank holding companies."

Going to be another wild ride Monday.  But wait......Der Feuhrer (I mean that bald-headed fascist) says "no one can short anything."

Looks like another up day for the US Gov't hedge fund.

 
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Posted: #2
The Fourth Reich
 
Veteran
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Posted: #3

You think he is bad? Just wait until Charlie "No habla Espanol" Rangle and Barney "What outcall service?"  Frank start weighing in...

 
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Posted: #4
I know, Vermeer.  The future looks hideous, indeed.
 
And if a "bunker mentality" is adopted, these fascists won't allow the survival peeps to just roam as outcasts.......we'll all be rounded up and shot....a la Waco.
 
 
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Posted: #5

One thing among many is that CNBC might want to move to Dubai or Beijing if they still want to report from the "financial capital of the world."

Of course Jimmy Rogers is already in Singapore so maybe he can help with the move....

 The government thought "everyone" should own a house. Now that they found out everyone can't legitimately own one, they will make sure everyone else gets to pay for their insane ignorance in the first place.

 It is curious to see the same old retreads consulting over the problems they created. Al Greenspan is on everyone's speed dial.

 The one certainty is that the people who have run companies (and the country) into the ground will walk away with hundreds of millions of dollars...

 I really can't see this BS working. MS and GS are essentially GSEs now from what I read, just what we need.



 



 
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Posted: #6
Vermeer-
 
You're a fellow "Virginian," whatever that means.  Ready to get a head start on that "warlord/fiefdom society" in this grand ol' commonwealth?
 
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Posted: #7

Poorly equipped but have contacts in rural areas who are capable of living quite nicely in woods and mountains.Have only weaponry, shotguns, various Ruger handguns, and a few semi military rifles (SKS, the old reliable).


I supply ammo, and some armament. Will bring alcohol and a few women.Other than that, I know a demolitions expert whose talents lay fallow in electrical work.

 My idea of survival  experience is a Holiday Inn, so a little weak on lodging area.

 

 
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Posted: #8
Looks like another day to roil "the voices of reason" and manufacture another mularkey rally day.
 
Only one thing to do as a trader......
 
Agree, get long, get out-----hopefully with a few duckets.
 
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Posted: #9
But from the long term, God help anyone who still believes in "America" and thinks that "everything will be OK."
 
 
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Posted: #10
Got long some QQQQ at 42.89 in pre-market for a "trade" only.  This is going to be very quick......looking for 1/4 to 1/2 point max.
 
Today will be plenty volatile with the moves being directly related to what that worthless gaggle of cacaphony (Washington DC) is spewing in today's daily grandstanding about the 700 billion dollar bailout package for Wall Street executives.
 
The path of least resistance from a "trading perspective" is up, cause of the bald-headed fascist, so no use arguing with der feuhrer-------you'll lose.
 
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Posted: #11
Quote Originally Posted by claycourtlesson:

Got long some QQQQ at 42.89 in pre-market for a "trade" only.  This is going to be very quick......looking for 1/4 to 1/2 point max.
 

Stopped out at 42.64.  F----k!  No point in trading this crap right now.

 
Covers Linesmen
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Posted: #12
will MS and GS clients get debit cards now?

what about toasters for their new bank accounts............
 
Veteran
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Posted: #13
just bought 250 DRYS @ 51.15.  stop of $49.91
 
Prospect
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Posted: #14
I think it's time to get airlines. this oil rally isnt gonna stick.
 
Covers Linesmen
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Posted: #15
Quote Originally Posted by WinLoseorDraw:

I think it's time to get airlines. this oil rally isnt gonna stick.


why not...we just printed 700b in fresh greenbacks
 
Prospect
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Posted: #16
Quote Originally Posted by KOAJ:



why not...we just printed 700b in fresh greenbacks


thats the only thing that can be looked at causing the rise. do you believe that tho ?? it was a short squeeze.

the fnm and fre take over will cost more than 700bln. recession is not denied anymore but fully know. this rally will get clocked back.
 
Covers Linesmen
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Posted: #17
wld - wall st always overreacts up and down...it probably will come in but i would only get long airlines for a trade and thats it
 
Prospect
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Posted: #18
koaj

Exactly Im not holding airlines through a recession either. as a trade it has potential. the price i bought in at im already + money for the day on them.


 
MVP
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Posted: #19
WS-
 
Do you think I should buy 1/3 more with it being at 8.79 right now?  Or do you think it will drop lower?
 
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Posted: #20
What's going on with AIG right now?  I was thinking about buying a couple 100 shares for shits and giggles, hoping they can survive this mess or even possibly get bought out.  The thing is, I really don't know what's going on with the company except they are selling off alot of assets.  Do you guys know much about the situation?  Will AIG be able to pull out of this whole mess?
 
Covers Linesmen
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Posted: #21
Quote Originally Posted by whereismyhat:

WS-
 
Do you think I should buy 1/3 more with it being at 8.79 right now?  Or do you think it will drop lower?


Sorry..not around the last few days.

Nah..I dont like that buy, lets see what the market tells us, today was pretty nasty and I dont see a great value in adding right at your average cost basis..meaning you arent lowering basis at all buying here.
 
MVP
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Posted: #22
Sounds good....Good to hear from ya man...I was fixing to send the search crew out!!
 
MVP
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Posted: #23
I'm glad I sold 1/3 of my position at 9.51 Friday
 
MVP
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Posted: #24
Regarding VLO....I am going to wait for them to make a turn around before I buy some.  However, by the "chart" I use it could be soon.
 
 
MVP
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Posted: #25
Guess who my pic is?
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