Bear Stearns in danger of blow up

a report issued today by a london newspaper stated that the feds move the other day was due to a potential U.S bank blow up.which they now believe was bear stearns. also,jp morgan announced today that they will work with the fed reserve to provide liquidity to bear stearns. Bear seems to be in trouble.

 

Isn't this a joke? This report actually confirms that Bear Stearns is in SERIOUS trouble and yet equity futures surge??

 

Isn't this a joke? This report actually confirms that Bear Stearns is in SERIOUS trouble and yet equity futures surge??

Didn't you hear the fix is in?:eek:

 

Holy whipsaw, that spike was asking to be shorted. I missed it.

 

We're still in a bull market which began on October 2002 because the spooz didn't close below 1252. In bull markets stocks tend to go up. Buy and make money.

 

Holy vola in BSC! +10% to -2% within minutes. Not bad.

 

I would guess that BSC promised to upgrade some of the ones helping them out.

John

 

What about the CFO saying the other day that they were in great shape, no liquidity concerns? Short BSC is a layup.

 

Market gonna surge anyway. If you shorted last night you;re a sucker.

 

This is not bullish