Bear Stearns in danger of blow up

Discussion in 'Trading' started by Warrior4g, Mar 14, 2008.



  1. Bond traders knew this before the "news" came out.
     
    #21     Mar 14, 2008
  2. Dow futures up 120 now down 90

    cmon no one saw that coming, even the most ardent short
     
    #22     Mar 14, 2008
  3. .... and $4 off low you know what? This is all becoming a game.

    My recent communications indicate even folks who short regularly are sick of the insipid negative doomsters... this is one reply i got from a big player when I asked about Bear's 24 hour problem surfacing.......

    Things happen quickly in this environment...and the quickest way to make
    them worse is to talk negatively...too many out there taking advantage
    of negative events.

    Have a great weekend I'm off to Ct...
    The state I can't spell. ~ stoney
     
    #23     Mar 14, 2008
  4. no one saw this coming !!! when news hit the wire that jp morgan and the NY fed would help BSC with liquidity,that was a sign something bad was happening. i did not chase anything to the long side on the bs inflation numbers although i may have if the BSC story did'nt surface.
     
    #24     Mar 14, 2008
  5. l2tradr

    l2tradr

    I diagree. All he has to do is to hit the reset button on his investopedia.com simulator and he'll be back to break-even in no time ;)
     
    #25     Mar 14, 2008
  6. S2007S

    S2007S

    bsc down 13 bucks, 48 a share...should I buy it now??

    :D
     
    #26     Mar 14, 2008
  7. NY_HOOD

    NY_HOOD

    screw that noise. bsc going to join citibank in bankruptcy land.
     
    #27     Mar 14, 2008
  8. S2007S

    S2007S

    F%^K this thing is dropping FASTTTTTTT
     
    #28     Mar 14, 2008
  9. Mvic

    Mvic

    Well, not no one. Looking at BSC's price action it should have been obvious but the CFO's bald faced lies in the last few days hoodwinked a lot of people, myself included. How many times do you have to be lied to by WS execs until you just look at price action and not the BS that comes out their mouth. Lesson learned for the umpteenth time. Still, today makes up for it.
     
    #29     Mar 14, 2008
  10. Mvic

    Mvic

    Taking profits here.

    $138K in 36 mins.
     
    #30     Mar 14, 2008