Reason for the Protracted Market Decline:

Discussion in 'Chit Chat' started by krazykarl, Oct 9, 2008.

  1. Hedge funds liquidating their leverage into cash due to credit market issues.

    Everyone breathe and look for buying opportunities, that's what the firms with capital are doing.
  2. At least one more leg down to go - bottom is getting in sight but there will still be some wiggles before it can start to going up again. Need to shake out those last few hands.

  3. Agreed. There are some Weak Hands still in play but I like the volume over the past 2 weeks.
  4. Covered additional Long Term Rydex 200% Inverse S&P500 positions today that I have had since fall 2007 (as I have mentioned in other threads)......protracted decline has been very profitable for those who "bet" on the blowout.
  5. protracted/ hahah you aint seen nothuing yet :p
  6. wrong. You fail to see the big picture.