Christ with a futures contract, it's ugly on Wall Street....
Bet on the bounce with a totally oversold, cheap-as-hell American market?
Not so fast, with markets tanking globally and panic setting in (apparently everywhere but on CNBC, where they are still debating whether or not this may or may not, could possibly be, might be considered a - Recession).
Client money is off the table now. Too damn volatile. Money to be made, but money to be fucking lost, too. Check out this guy ... deyaaammmnnnnn... that video makes my stomach churn.
Dow @ 11730, the Nasdaq's doing worse (as far as a charting basis goes)... Barring news that Bush strikes the world's largest oil reservoir while cutting brush in Crawford, I think it's safe to assume there will be no bounce today. War in Iran, anyone? Just you know, to take your mind off visions of jumping off skyscrapers.
Roll the dice if you got the stones. I'd be long QID (Inverse Nasdaq) or short the Q's myself if I had any money to invest. But I'm not touching the paltry amount in my retirement account for THIS shit market. No thank you, sir.
Bet on the bounce with a totally oversold, cheap-as-hell American market?
Not so fast, with markets tanking globally and panic setting in (apparently everywhere but on CNBC, where they are still debating whether or not this may or may not, could possibly be, might be considered a - Recession).
Client money is off the table now. Too damn volatile. Money to be made, but money to be fucking lost, too. Check out this guy ... deyaaammmnnnnn... that video makes my stomach churn.
Dow @ 11730, the Nasdaq's doing worse (as far as a charting basis goes)... Barring news that Bush strikes the world's largest oil reservoir while cutting brush in Crawford, I think it's safe to assume there will be no bounce today. War in Iran, anyone? Just you know, to take your mind off visions of jumping off skyscrapers.
Roll the dice if you got the stones. I'd be long QID (Inverse Nasdaq) or short the Q's myself if I had any money to invest. But I'm not touching the paltry amount in my retirement account for THIS shit market. No thank you, sir.
And as for more rate cuts? Please- stop the fucking madness! These rate cuts are only making it worse for the long term economy. Somebody slap the shit out of that idiot Cramer, tie his goofy ass up or something. What's good for assholes like him is BAD for the rest of America. Wall Street take your fucking medicine and quit whining about the Fed. You made your fucking bed with your "Market corrects itself" horseshit. Enjoy.
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UPDATE 1:"Bush guarantees Peace in the Middle East":
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W- Still the Prez . Aren't you just fucking ecstatic?
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UPDATE 2: The Amazing Guys from Area 51 have an exercise in visual interpretation concernng what the coming Recession will feel like...
UPDATE 3: It's 2:45 (Texas time), and the bounce has begun... Hang on...
5 comments:
It sickens me how the international community can look the other way at the crimes against humanity that Israel commits. This is collective punishment. It is disgusting. I noticed an interesting factoid in the article that you link to. It said that 12 Israelis have been killed by rocket fire over the last 6 years. WOW!! 3 million people die every year from water born illnesses. I wonder how many Palestinians they have killed in the last six years? More than 12.
971 Palestinian CHILDREN killed in the last six years by Israel.
Nazism is alive and well, being practiced by a people who should know better.
Racism trumps all in Israel.
If you count up all the people Israel has killed in the past 10 years, be it missles shot into refugee camps, snipers putting bullets in 10 year old girls, tanks rumbling over American protesters, clusterbombs dropped in civilian areas in Lebanon, Black Ops assasinations carried out in most of Europe and the Middle East, and the Mossad ties to the Americans killed during 9-11 (whoops, did I say that out loud? My bad, we're not sposed to talk about THAT one)- Israel has killed more people than all the other countries in the Middle East combined.
Al Quaida- terrorists? Mossad and the IDF sneer at such amateurs.
When I heard on the radio today that the Palestinians had blown up the border wall into Egypt, I was so happy. They're starving for crying out loud! Jees.
Food and water is a simple moral question you shouldn't have to, as a government, wrap around your head to understand.
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