Watch Out

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^^ bouncing..and bouncing... i was lucky ....i bought BAC & GS two days back. Just took a huge risk... now at least its leveling the debt !

I should’ve listened to myself :crying:

Hindsight is a wonderful thing. :smiley:

Sell people sell, short-sell or just sell... only if I could short-sell sigh

Re: Watch Out

Dow crashing again, down 254 points today. every time there is a dead cat bounce it falls even harder and makes a new low.

this was expected, as investors were taking the gains they make last week !

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So many things going on right now, the financial decision made by the government now and in the next 6 months and how those decision are carried out is going to have a profound effect on the country. Good luck all, hope this thing lands on the right side.

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so what do y'all think of the situation now? so many green signs coming.

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GE, Intel, Cisco, BAC, UBS .. are saying worst is gone. Now markets are stabilizing, US will recover first then Europe.

Financial stocks will be huge hit in coming months, but wall street bound to have less importance/impact in coming years. Their role will be taken by Sci/Tech/Health/Energy Companies.

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Is it really fear of Greece/Portugal that is taking the markets down? Or is it someone showing muscles while GS testifies?

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it is Greece, their debt has been downgraded to junk status and rumours of Portugal going the same way are making the markets very nervous.

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^ spain & italy too !

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Italy too? Didn't read that news.

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"The Standard & Poor's ratings agency delivered more bad news by downgrading Spain's debt to AA from AA+. The agency said Spain's growth prospects were weak after the collapse of a credit-fuelled housing and construction bubble."

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Spain is the biggest nightmare, Greece only need 90 billion euro, but Spain required the 350 billion euro + … in next three years.

Spain 250 billion euro bonds are due in May, .. hence the fire in Europe & around the world :k: !

hope there's another crash. want things to get cheap again.

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what are you looking for samb, real estate or stocks?

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equities.

have you shorted dow futures or bought equity puts?

nope. too chicken to do that... just hoping there's another crash... so I can buy some stuff cheap. a very selfish wish.