We have a winner !!!!!! Hysterical man. But when you master that craft....send me the film..... I will email you my address.
You can trust THEY all you want......I do not! Sure glad I got you opening up your paradigm.....stay AHEAD of the power curve!
Bank holidays just mean the branches are closed. Transactions still post. ACHs still work. SWIFT still works. Chill the hell out and sell your stock. I want to buy more, cheaper.......
You fucking retard, stop spreading those useless drivels. They want to start up the banks, not to stop them.
Did they not close trading for three months in the 30's? Just make sure you do not get caught out. If I look at our system then I see signs that the automatic trading by the bots is totally aggravating this situation. The bots relentlessly carry on in the major direction and try to keep on pushing it in their own most profitable direction and they do this without any sentiment. If the major driving force were humans it would have already had a chance to bottom out. Jesse Livermoore was asked to stop short selling for the sake of the economy. Such a thing is not going to happen voluntarily at this moment, only when the markets get closed for a while will things stabilise. Just my 2 cents.... (and the smallest currency is now a ten cent piece so it means nothing) Maria
Uhhhh.....it did happen. They did it back in the big crash. If they get desparate enough, they just might do it again. It certainly wouldn't hurt to have several thousand in cash at home in a fireproof box. I'm taking cash out tomorrow prior to the weekend. If tomorrow is another waterfall down day for equities, the Fed and Treasury just might resort to this over the weekend - not saying its going to happen, but better to plan for the worst and hope for the best. And for what its worth, I personally know of several instances of seasoned individuals taking large amount of cash out over the last two weeks or so - they have life experience as a guide. Roubini had a good quote on this, "a silent bank run is already underway"
This nonsense talk is when bottoms are formed. By all means sell everything you have lower and lower. I and others who know history will buy from you. Once people sell in those long term accounts they will not get back in. Buy and contribute to your 401k and investment funds at dow 14000 and then sell everything at dow 8500? I will gladly take the other side of that trade.
Funny....even CNBC just mentioned "banking holiday" on the Fast Money Show. http://www.theinternationalforecast...ting_a_Financial_Black_Hole_to_Suck_Us_All_In "The Fed has informed Bank of America to be ready for a one-week universal shutdown of the banking system, including access to checking accounts, savings accounts and credit cards. This is why you need $5,000 in small bills in your safe at home and small denomination gold and silver coins."
Was I gullible when I SHORTed the ES for a longer term trade in November 2007 (....while also moving my Long Term investments to full defensive including playing the Rydex 200% Inverse S&P500 heavy). How about when I SHORTed the QM heavy at the $147's, or maybe when I SHORTed the EUR/USD at 1.5920. Sure I guess I was just too gullible then......hmmm? I like to be AHEAD of the power curve and properly prepared for any possibilities.