Gotta love ZERO RISK in the SP500 = $$$

austinp · Feb 28, 2007

Does that mean there's risk yet?

wee man · Feb 28, 2007

Hey 3 stooges!...when do we BUY?

makloda · Feb 28, 2007

Quote from wee man:
Hey 3 stooges!...when do we BUY?
More...

Seems I'm the only stooge left

AnnaFX · Feb 28, 2007

no worries, the other stooges are just shy

wee man · Feb 28, 2007

I hope t28 hasnt been hypnotised by the stooges and went long!!!

eusdaiki · Feb 28, 2007

so... risk free eh?

heard that one before...

"We will not have any more crashes in our time."
- John Maynard Keynes in 1927

"There may be a recession in stock prices, but not anything in the nature of a crash."
- Irving Fisher, leading U.S. economist , New York Times, Sept. 5, 1929

"Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months."
- Irving Fisher, Ph.D. in economics, Oct. 17, 1929

"There will be no repetition of the break of yesterday... I have no fear of another comparable decline."
- Arthur W. Loasby (President of the Equitable Trust Company), quoted in NYT, Friday, October 25, 1929

"We feel that fundamentally Wall Street is sound, and that for people who can afford to pay for them outright, good stocks are cheap at these prices."
- Goodbody and Company market-letter quoted in The New York Times, Friday, October 25, 1929

"The end of the decline of the Stock Market will probably not be long, only a few more days at most."
- Irving Fisher, Professor of Economics at Yale University, November 14, 1929

"Financial storm definitely passed."
- Bernard Baruch, cablegram to Winston Churchill, November 15, 1929

"[1930 will be] a splendid employment year."
- U.S. Dept. of Labor, New Year's Forecast, December 1929

"For the immediate future, at least, the outlook (stocks) is bright."
- Irving Fisher, Ph.D. in Economics, in early 1930

"...there are indications that the severest phase of the recession is over..."
- Harvard Economic Society (HES) Jan 18, 1930

"Stabilization at [present] levels is clearly possible."
- HES Oct 31, 1931

"Should Allan Greenspan just shut up?"

CNBC headline today.
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I guess bulls tend to have serious denial problems... and they kick anyone that speaks contrary to their expectations...

Restricted · Feb 28, 2007

What risk? If you bought the close last night you're up huuuuuuuge. Zero risk my friends, zero risk!

austinp · Feb 28, 2007

<i>"If you bought the close last night..."</i>

What about those who bought the open yesterday? How're they doing?

Restricted · Feb 28, 2007

Oh them? They're fucked. Timing is everything my fine furry friend.

eusdaiki · Feb 28, 2007

there is zero risk as long as you buy before the market goes up and you sell before it goes down.

I don't understand how people can claim that trading is hard...

note the sarcasm.