Whilst the market tanks and sky is falling...

by **smupony94** » Thu Oct 09, 2008 7:16 pm

You are guaranteed money if you short whatever I buy.

by **HB Pony Dad** » Thu Oct 09, 2008 7:19 pm

smupony94 wrote:You are guaranteed money if you short whatever I buy.

Did you notice how the market tanked when the "short" restrictions were lifted today!

Don't you just love "financial socialism"?

by **Pony_Fan** » Thu Oct 09, 2008 7:27 pm

smupony94 wrote:You are guaranteed money if you short whatever I buy.

Twilley got laid off. He shorted positions in March in the perfect locations and his manager disagreed and got rid of them in August.

So, what did you buy so I can short them?

by **smupony94** » Thu Oct 09, 2008 7:36 pm

Pony_Fan wrote:
smupony94 wrote:You are guaranteed money if you short whatever I buy.

Twilley got laid off. He shorted positions in March in the perfect locations and his manager disagreed and got rid of them in August.

So, what did you buy so I can short them?

I have been all cash for about 6 months now and staying that way and don't care to look for awhile.

Sucks about Twilley - he has a ton of connections. Maybe he and Raplh can leave love notes on each others cars like they used to. Ok, substitute "love" with Phish but still strange when you don't know the other person

by **Alaric** » Thu Oct 09, 2008 9:56 pm

TheRichAlum said to dump all stocks in January or so...read some Satyajit Das, he of the 4,200 page derivatives training manual, for some good thoughts on all of this mess

by **Pony Soup** » Thu Oct 09, 2008 10:05 pm

Alaric wrote:TheRichAlum said to dump all stocks in January or so...read some Satyajit Das, he of the 4,200 page derivatives training manual, for some good thoughts on all of this mess

If you want, I will give you some thoughts on this mess...since I helped start it. And, by the way, DO NOT BUY AIG!!!! but, then again, if any of you take investment advice from pony fans, buy it!

by **FordtoTolbert** » Fri Oct 10, 2008 7:38 am

For now...u s treasury mm, high yield bank savings and short term cd's...after market dips to 7000 - 7500, plenty of opps will abound....have faith. bob barr in 08!!

by **ponyte** » Fri Oct 10, 2008 7:43 am

FordtoTolbert wrote: bob barr in 08!!

What position does he play? I hope defense cause we can sure use the help.

by **BUS** » Fri Oct 10, 2008 8:01 am

F to T That far down? I was thinking around 8000 but you may be correct.

Good to have gold too.

As my Ex Great Grandfather would say.... You always have to keep some powder dry for an unexpected opportunity :wink:

by **RGV Pony** » Fri Oct 10, 2008 8:49 am

BUS wrote:F to T That far down? I was thinking around 8000 but you may be correct.

Good to have gold too.

As my Ex Great Grandfather would say.... You always have to keep some powder dry for an unexpected opportunity

Plunged another 600 within 40 minutes of the opening bell. Already below 8000.

by **Pony Soup** » Fri Oct 10, 2008 10:19 am

RGV Pony wrote:
BUS wrote:F to T That far down? I was thinking around 8000 but you may be correct.

Good to have gold too.

As my Ex Great Grandfather would say.... You always have to keep some powder dry for an unexpected opportunity

Plunged another 600 within 40 minutes of the opening bell. Already below 8000.

Sale purchases that didnt work through at the close yesterday. I dont think 7k is the floor anymore either, we got there too soon. Wait until you see consumer spending through the holidays, that should be pretty.

but go ahead, reach out there and catch some falling knives.

by **Pony Soup** » Fri Oct 10, 2008 10:20 am

Seeing John McCain talking about the mortgage ordeal is painful. He doesn't really seem to know anything about it.

by **BUS** » Fri Oct 10, 2008 1:32 pm

Osama Obama and his two pals know all about the housing mortgage problem.

Next year things will be better. :wink:

by **Nacho** » Fri Oct 10, 2008 2:33 pm

Buy Campbell's Soup.

Buy a good mattress for any other money you have left.

Blame the political party other than the one you like.

It's just a boom/bust. If you weren't ready for it don't blame me. You can't go 100% stocks and expect to win. Study the market. Read Black Swan.

Sleep well.

Go Mustang! Beat Tulsa!

by **smupony94** » Fri Oct 10, 2008 2:34 pm

Nacho wrote:Buy Campbell's Soup.

Buy a good mattress for any other money you have left.

Blame the political party other than the one you like.

It's just a boom/bust. If you weren't ready for it don't blame me. You can't go 100% stocks and expect to win. Study the market. Read Black Swan.

Sleep well.

Go Mustang! Beat Tulsa!

Is a Select Comfort mattress good for hiding money?

Whilst the market tanks and sky is falling...

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