Financials Back to Zero?

Discussion in 'Stocks' started by stocktrader2007, Feb 10, 2009.

  1. If Bailout II doesnt really solve the issues the financials are facing.. We might see nothing other than zero in all mortage hit bank stocks.. Possible wipeout of C,BAC and AIG??
  2. Ribs


    what I like about great depression if it ever happens in my lifetime

    is this

    I will have plenty of company in soup lines

    me and other traders can crack liquidity jokes as we wait for soup and a small piece of bread :p
  3. You can also brag about your "long" position in CPB. :cool:
  4. Market inefficiencies tend to gain strength during big economic dislocations. As long as your broker(s) stay afloat, you should do very well as a trader.
  5. asap


    that's probably the reason most hedge funds are doing very well! :D
  6. It's pretty hard to take advantage of small and mid cap price dispersion if you're handling $10bln.

    Much much easier if you're handling just $1m.
  7. asap


    imho, price dispersions translate into wider spreads and lack of liquidity. i dont see how those attributes can help you "do very well" irrespective of your size. but i am always eager to learn, so let me know.
  8. Lack of liquidity if you're swing trading a simple $1m long/short portfolio of small and midcaps? Please.

    Many of these stocks are turning over >$1m a day each stock individually, so easy to get in and out with baskets of a couple dozens of them if you're not day trading.