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10-01-2008, 08:39 AM
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#61
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Regular User
Join Date: Nov 2004
Location: Sydney, Australia
Posts: 6,610
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Well, stocks are rallying as it seems likely that there will be some sort of bailout. The bailout will solve liquidity problems, at least. It all depends on how you see the situation, I guess. Short term problem of liquidity - go for it. Long term problems of poor management, unchecked speculation (essentially gambling) etc. - let it go.
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10-07-2008, 08:01 PM
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#62
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Regular User
Join Date: Oct 2003
Location: Sun Diego
Posts: 634
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10-08-2008, 05:11 AM
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#63
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Regular User
Join Date: May 2004
Posts: 1,744
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Mayer that's hilarious.. Knocked out.
Day spa and pedicures however... .
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10-08-2008, 05:12 AM
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#64
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Regular User
Join Date: May 2004
Posts: 1,744
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Originally Posted by Mattk
Well, stocks are rallying as it seems likely that there will be some sort of bailout. The bailout will solve liquidity problems, at least. It all depends on how you see the situation, I guess. Short term problem of liquidity - go for it. Long term problems of poor management, unchecked speculation (essentially gambling) etc. - let it go.
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Umm, care to reassess?
Pretty sure its been one of the worst couple of weeks, across all markets for some time.
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10-08-2008, 06:30 AM
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#65
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Regular User
Join Date: Nov 2004
Location: Sydney, Australia
Posts: 6,610
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^I wrote that on the day the NYSE did rally! Logically speaking, this injection of liquidity should increase investor confidence, or at least stem the drop.
__________________
One stumble does not constitute total failure;
One victory does not constitute total success.
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10-08-2008, 10:07 AM
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#66
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Regular User
Join Date: Oct 2003
Location: Sun Diego
Posts: 634
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Originally Posted by styla21
Mayer that's hilarious.. Knocked out.
Day spa and pedicures however... .
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Yes, I was trying to imagine that and was hoping he fell in a comedic manner on the treadmill and got flung backwards like you see on tv when someone slips. What an asshole...all these assholes should get tarred and feathered and chased out of town at the very least.
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10-10-2008, 01:11 AM
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#67
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Regular User
Join Date: Jun 2003
Location: Texas
Posts: 15,413
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10-10-2008, 04:34 AM
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#68
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Regular User
Join Date: May 2004
Posts: 1,744
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Brace yourselves, big night coming up... Morgan Stanley possible credit downgrade? This might hurt.
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10-10-2008, 09:48 AM
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#69
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Regular User
Join Date: Jun 2003
Location: Texas
Posts: 15,413
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Originally Posted by styla21
Brace yourselves, big night coming up... Morgan Stanley possible credit downgrade? This might hurt.
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We were 670 down in the first 4 minutes.... lets see how the rest o fthe day goes.
Could this be a new "Black Friday" for the history books?
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