+236.58 / +1.96%.... Woweeeeeee!

[fascisthunter]

See everything is fixed! :crazy:

[Thepricebreaker]

1. ..but but but this week our country was going to sink! n/t

[wtmusic]

4. At least if you stocked up on food and ammo

you'll be ready for the next wave of hysteria

[RUMMYisFROSTED]

10. Dennis, huh?

[AndyA]

2. Oh goodieeeeeee! Now we can all go SHOP SHOP SHOP

Til we DROP DROP DROP.

Could they possibly fuck this country up worse?

(You don't need to answer, I know...) :(

[sharesunited]

3. Going into Easter weekend

the illusion of rebirth is very seasonally apropos.

But it is only an illusion.

[Lance_Boyle]

5. here comes profit-taking Friday

to fuck up the rosy picture painted by irrational exuberance Thursday. ;-)

[fascisthunter]

6. ding, ding, ding

that's my bet too :thumbsup:

[gilpo]

7. Sorry. markets closed tomorrow for good friday

[fascisthunter]

22. Then I Guess It'll Happen on Monday

[ben_meyers]

13. 2 more reasons not

to take financial advice from a discussion board!

[TheWatcher]

14. Correct. You should get all your advice from CNBC and feel good and powerful

About this wondrous Casino that has been set up to enrich you.

I hope you backed up the truck and put every penny you could into it today.

I'm sure you will be pleased with the results.

[ben_meyers]

16. Why would you recommend that?

Except for probably knowing when the markets are open or closed, CNBC is probably as clueless as predicting a big profit taking sell off tomorrow.;-)

[TheWatcher]

17. I knew I should have included the sarcasm tag

:rofl:

But your statement is correct sir. :)

[ben_meyers]

18. Me too! n/t

[A HERETIC I AM]

9. That MIGHT be the case if the markets were open tomorrow.

They aren't. Good Friday.

[Zynx]

21. A pesky little fact. It was a pretty good week on balance, particularly for banks.

[RUMMYisFROSTED]

8. Grabbing my credit card...

[jaksavage]

11. I exited my positions

meager as they are.
I feel better.

[TheWatcher]

15. Probably a wise move.

I always get a kick out of days like today. All of those who love to mock and giggle and snicker at those who are attempting to understand the reality of what is going on in the markets and our economy at large get to strut around like peacocks and feel good and powerful, and shower everyone with "See, everything is just FINE, as usual."

I found this quote from one of the more sane financial Communities out there today, and I think it prety much sums up perfectly how to view a farce like today, Tuesday, and the one from last week:

"As I have said many times, markets being used as a mechanism for price discovery are a thing of the past. Price levels are being used as a tool to further the whims and desires of the fed, the fed.gov & TPTB. The collective hubris of these groups provides them with a false sense of beliefs - allowing them to DENY REALITY.

Using financial markets as a control mechanism is certainly dangerous territory - dangerous because of the moral hazard involved. Once the priciples of the US republic are compromised - then the republic has lost its foundation, its mooring. Soon enough, this debased posterity will adopt - and adapt to - an new zeitgeist of anything goes.

And anything does go these days. Property rights? Who cares. Currency debasement? Who cares. Favoring favored groups over others? Who cares. Like an ultra selfish alcoholic, anything that gets in the way of the party - is to be ruined, castrated and vilified.

What's going on is sobering for the long term INVESTOR. Does anyone remember what that is? Investing. Investing for the long term. Well, myopia reigns - with no shortage of Mr. McGoo's. The US train has been off it's tracks for so long that the coming disaster is going to rock the shoddy foundation to its core - and right on thru."

http://boards.prudentbear.com/bbs_read.asp?mid=651693&tid=651693&fid=1&start=1&sr=1&sb=1&snsa=A#M651693

[ThomWV]

12. We took a big hit yesterday, biggest of the year actually.

[Zynx]

20. Almost all of those losses were eliminated today. This can't just be called "bargain hunting".

[Zynx]

19. I love how every day in which bank stocks get slaughtered it is "cold reality" setting in

but any day they recover their losses it is "irrational exuberance". I will confess I own a couple bank stocks, Wells Fargo and PNC, as long term holdings in my portfolio, but I do not believe that most "analysis" on this board is well founded. The declines in 2000-2002 were far steeper and were better founded.

[fascisthunter]

23. zynx... by reading your other posts, I can say with confidence, you don't live in reality

the economy sucks unless you have a lot of money. In that case, you would be a puny minority on the face of the planet as a whole. Then again, if you are a free market conservative you will be hanging onto the illusion that your economic agenda is still a good thing when in fact it's been the worst thing to happen to America in almost one hundred years.

PS - the dollar is worth shit.

[TheWatcher]

24. Like I have said before, he's a very educated apologist

Or a very good shill at worst.