HOLY SHIT ARIS

wwwwwwwwwwwwwwwwwwwwwwwwtf?


LOL! we're fffffffucked. thank god for bbbbbbbbbbbbbooze.

the market was looking good earlier... then it tanked almost 600 points. the fucking dow is at 8,579. IT'S BELOW 9,000! hahahaha!

wheee
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haha I just came on here to post something similar. 8579 I think is what we're at? Holy fuck.

I love looking at the traders. So filled with rue and woe.

http://www.huffingtonpost.com/2008/10/09/sad-scared-traders-the-gl_n_133193.html

haha this guy's hair screams "douchebag"

When does it start raining bodies on wall street?

Holy fucking shit. We're in the midst of a total global freakout.

Number 6 wrote:Holy fucking shit. We're in the midst of a total global freakout.

Totally nuts. A fitting end to Bush's presidency (even though I know how much can be blamed on him alone is negligable).

The DJIA is off a total of something like 35% from its high. That's just silly. There's a rough time coming, but the market is acting like no company has any worth anymore. It's not that bad.
Unless stupid actions on the part of governments and markets make it that way.

Number 6 wrote:The DJIA is off a total of something like 35% from its high. That's just silly. There's a rough time coming, but the market is acting like no company has any worth anymore. It's not that bad.
Unless stupid actions on the part of governments and markets make it that way.

Time to buy the pick up truck, a small armory of weapons, couple thousands tin cans of food and head out into the wilderness. It's time to closer her up boys.

Also, I hope Aris hasn't killed himself. Yet.

every day is another tick on my personal doomsday clock.

runs on the mutual funds. that's why the market is tanking. everyone wants out, but the mutual funds have more net worth than there is cash in existence. (well, they DID)

big sellers + no buyers = pain.

there's still a lot of money out there, but it's flooding to treasuries, which presents a whole other problem: what happens of the market bottoms out and they flee treasuries en mass? another problem.

Aristotle wrote:every day is another tick on my personal doomsday clock.

runs on the mutual funds. that's why the market is tanking. everyone wants out, but the mutual funds have more net worth than there is cash in existence. (well, they DID)

big sellers + no buyers = pain.

there's still a lot of money out there, but it's flooding to treasuries, which presents a whole other problem: what happens of the market bottoms out and they flee treasuries en mass? another problem.

Surely it has to stabilize sometime though. No?

I mean the economy is still going to function. I"m still going to get up in the morning and buy a coffee, purchase groceries, get my hair cut, drive my car, masturbate furiously thereby ruining 3 pairs of underwear and having to buy more.... So are billions of other people around the world.

only when the panic subsides. right now, the people with the most money want out.

nothing goes straight down, however, so i would expect a mercy bounce at some point. it will probably be fast and vicious. maybe 1000 pts up in a day.

and, yeah, wally there is a fundamental economy that will continue to function.

we'll still have our lattes!

Aristotle wrote:and, yeah, wally there is a fundamental economy that will continue to function.

we'll still have our lattes!

Oh thank god. I love how you know intuitively what I was really getting at without me having to say it. A world without lattes is not a world I want to be a part of.

TheWoerus wrote:I mean the economy is still going to function. I"m still going to get up in the morning and buy a coffee, purchase groceries, get my hair cut, drive my car, masturbate furiously thereby ruining 3 pairs of underwear and having to buy more.... So are billions of other people around the world.

I use socks for my kill rags, when they get crusty enough to stand in the corner I'll throw them to my dogs as chew toys.

ALso, Aris. I've yet to see one businessman fling himself from his 20th story window. Frankly I'm annoyed.

TheWoerus wrote:

Aristotle wrote:and, yeah, wally there is a fundamental economy that will continue to function.

we'll still have our lattes!

Oh thank god. I love how you know intuitively what I was really getting at without me having to say it. A world without lattes is not a world I want to be a part of.

i shared equally in your concerns!

Also, is it just me, or is anyone else, having looked at those pictures, amazed at the number of seriously ugly dudes on wall street.

Aristotle wrote:only when the panic subsides. right now, the people with the most money want out.

nothing goes straight down, however, so i would expect a mercy bounce at some point. it will probably be fast and vicious. maybe 1000 pts up in a day.

my liquidity had fucking better get through by then. i liquidated about 3k in assets recently and i had fucking better see that soon.

TheWoerus wrote:Also, is it just me, or is anyone else, having looked at those pictures, amazed at the number of seriously ugly dudes on wall street.

haha yeah there are some ugly motherfuckers on wall st. a couple of those pictures are from exchanges in asia, though.

big_jesus wrote:

Aristotle wrote:only when the panic subsides. right now, the people with the most money want out.

nothing goes straight down, however, so i would expect a mercy bounce at some point. it will probably be fast and vicious. maybe 1000 pts up in a day.

my liquidity had fucking better get through by then. i liquidated about 3k in assets recently and i had fucking better see that soon.

everybody is liquidating. it's a mess. i've been 100% cash for about 2 weeks.

just waiting for the bounce. i think i'm going to try and play AAPL and maybe BAC or JPM.

Aristotle wrote:

big_jesus wrote:

Aristotle wrote:only when the panic subsides. right now, the people with the most money want out.

nothing goes straight down, however, so i would expect a mercy bounce at some point. it will probably be fast and vicious. maybe 1000 pts up in a day.

my liquidity had fucking better get through by then. i liquidated about 3k in assets recently and i had fucking better see that soon.

everybody is liquidating. it's a mess. i've been 100% cash for about 2 weeks.

just waiting for the bounce. i think i'm going to try and play AAPL and maybe BAC or JPM.

If you're expecting it soon you should already be back in the market by now.

Don't come here complaining when you miss it. :jay:

the drop continues. aris is playing it right so far

erm, except with JPM. but it's not up too far, and it's fluctuating.