Predators finally got a nail in their head. Hope SEC outlaws shorting entirely and your band of stock pirates completely done with. Today is a great day. Support your Feds and US government actions + fly the red white and blue on your porch this weekend..
This bailout is the most disgusting form of market manipulation I've ever seen. Creating a taxpayer-funded company to take the crap off the balance sheets of banks that willingly assumed such risk is bordering on criminal. They are stealing taxpayer money to help fat cats in banks bolster their stock options. It's like Robin Hood in reverse. Taking over Fannie and Freddie made some sense as that helped homeowners, while wiping out the shareholders. However, this really doesn't. It simply burdens responsible taxpayers with the errors of the rich, greedy and stupid. Paulson said he was drawing a line in the sand with Lehman and that there would be no more bailouts. 3 days later, he decides to set up an entity to bail out all and sundry. If this were some emerging economy, the US would be rolling their eyes and complaining how the government was stifling the free market. Furthermore, if this suggestion was instigated by the head of an emerging market Treasury, who was formerly the head of one of the companies that would be directly bailed out by this, US pundits would be tut tutting at the level of corruption in such banana republic. But it's the U.S. so it's okay. This is a very sad day for the free markets.
Be a patriot, donot try and mess with the bulls, cause you get the horns everytime. Manipulated markets are great! Who says price should find its own way, we love our new govt, I am going to read some Karl Marx this weekend. I am going to buy red tee-shirts! God bless the United States of Communism.
You are back.... welcome, So now you think just because 799 stocks cannot be shorted that the new bull market is back, hahah. I hope you arent serious. This market is worse off today than it was 24 hours ago. Keep thinking that the steps they are taking are the right ones, there is just too much intervention at the moment. And dont tell me they didnt prop up the markets for the 1000th time this year. Thats all they do is prop it up. WHERE IS THE FREE MARKET???
FREE MARKET, we don't need no stinking free mkt. Thats for chumps, we want our govt controlling everything. I want them to tell me when and what to eat for dinner!!
THIS IS A BEAR MARKET RALLY THERE IS NO RETURN OF THE BULL TODAY OR TOMORROW, THE BULL ISNT COMING BACK FOR AT LEAST ANOTHER FEW YEARS. Give up on this bull market talk. Housing hasnt even touched bottom and the economy is in a recession and you see a 400+ point rally and think bull market is back once again, how many times do I have to repeat myself that this is a bear market and that the economy is in a lon term downtrend.
This bull market never ended! We are going to the sky now, manipulation is the buzz word of the day. You bears are gonna get burned to a crisp and I am gonna laugh all the way to the unemployment line.
I was wondering when you would be making an appearance. Hope you feel that way when your plays are selling off and there are no buyers, or shorts covering to stem the sell off...e.g. see China. I guess our medling gov will have to ban profit taking at that point. If the current laws on naked shorting had been enforced, we may not be where we are today.