Strap on your crash helmets

Discussion in 'Chit Chat' started by detective, Sep 5, 2008.

  1. Fear is starting to waft in the air, the global economy is falling apart. It was all an illusion, continual economic growth, wealth for the Far East, wealth for the Middle East, and of course, wealth for the West. This can only happen in a world with unlimited natural resources and unlimited technological progress. There is no such thing.

    I can picture it now, Bazooka Ben calling up Hammerin Hank and asking about going to Plan B, massive buying of S&P futures in the pits to keep confidence alive. The PPT can't fool the public forever. Stocks are way overvalued for the fundamentals. More pain ahead, we're only back to levels of 2006 when the economy was strong, of course due to endless shots of financial Viagra. Wait till we get back to 2003-2004 levels, you will see panic by then.
     
  2. gucci

    gucci

    Sweet.:)
     
  3. What horsesh*t. You let all that crap on the Trading forum to go on and you move this to chit chat. I guess we got moderators who are long into the NFPs today.
     
  4. I cashed out of all of my long positions a while ago, so let her plummet :cool:
     
  5. you're a little late with that story , dontya think?

    I bet good money you aint making a dime.
     
  6. I'm not losing a dime right now, I'm just watching the fireworks. That's the key. I'm not long but I'm also not short.