Is there anything to stop a capitulation Tuesday?

Discussion in 'Trading' started by womblevader, Jul 15, 2008.

  1. My 2c is:

    Market capitulations happen very infreqeuntly. 1-2x a decade.

    People expect them happen far more frequently maybe 100-200 times a decade.

    I'll take those odds every time. So there is no doubt when it happens I will definiitely be on the wrong side.

    Cheers

    PS tonight feels more like sports betting than short tem investing
     
    #21     Jul 15, 2008
  2. HPT

    HPT

    Is there anything to stop a capitulation Tuesday?

    yah, everyone talking it down
     
    #22     Jul 15, 2008
  3. Cutten

    Cutten

    The stuff I just put on is:

    Long Puts on FRE/FNM, ES
    Long Calls on Gold, Yen, Crude Oil
     
    #23     Jul 15, 2008
  4. Eurostoxx50 futures down 3.5% for the day. Down 30% YTD.

    I sense a whiff of panic in the air.
     
    #24     Jul 15, 2008
  5. m22au

    m22au

    those FRE and FNM puts should do well today following today's WSJ story

     
    #25     Jul 15, 2008
  6. gnome

    gnome

    Capitulation? My sense is that we are not anywhere near.

    Maybe a swing low a few percent lower within a week or so... but that won't be any capitulation.
     
    #26     Jul 15, 2008
  7. m22au

    m22au

    nice plan from Bill Ackman about how to recapitalise the two companies - includes wiping out common equity holders

     
    #27     Jul 15, 2008
  8. Until the central banks of the world begin to act in unison, this won't stop. Our Fed being the biggest morons of that club, incidently.
     
    #28     Jul 15, 2008
  9. Did you hear Jim Bunning, Kentucky Senator blast him? WOW! I bet Uncle Ben needed to change his drawers after that!:D
    Now that was great stuff! He referenced Uncle Ben's shit to socialism, and kept getting deeper and deeper into his "stuff.":D
     
    #29     Jul 15, 2008
  10. I need a "youtube" of that exchange between the Senator and Uncle Ben.:D

    Wonder if anyone had it recorded so they can post it? Yes, I'm T.V stupid, so please forgive me for not knowing how to put a T.V broadcast on youtube.:( :p
     
    #30     Jul 15, 2008