Bailouts everywhere....

[tricky]

and the markets are still crashing. Shoulda stopped printing money and let the markets sort themselves out.

[e-brake]

Originally Posted by tricky

and the markets are still crashing. Shoulda stopped printing money and let the markets sort themselves out.

Without the 700bn bailout how else was Washington supposed to convert a 1 year market correction into a 10 year recession.

[david austin]

credit easing doesnt equal stock market gains

[tricky]

Originally Posted by david austin

credit easing doesnt equal stock market gains

so if they are not related, why did they drop so much last monday when the bailout wasn't passed...

[e-brake]

Originally Posted by david austin

credit easing doesnt equal stock market gains

It just leads to banks hording cash still not opening lines of credit, exactly like what happened when Japan tried the same thing. We had a chance to use that money to buy a stake in the troubled banks and get credit flowing again, instead we unloaded all of the bad paper and have nothing to show for it.

[david austin]

disappointment over the fear that nothing would be done.

companies are still going to have poor earnings for the next few quarters. companies will still fail as the global economy slows down.

the markets reflect value of companies (of which many are becoming very attractive to a long term buyer)

[zerojunkie]

Originally Posted by tricky

so if they are not related, why did they drop so much last monday when the bailout wasn't passed...

Like the market's behavior is always logical.

[david austin]

just fyi

the $spx (s&p500) is still 20% higher than its lows the months after 9.11.01

markets tend to test bottoms before they capitulate

high flyers find equilibrium... and for the record... financials make up about a quarter of the index.

[tricky]

Originally Posted by zerojunkie

Like the market's behavior is always logical.

hhahaha, truth. which is exactly why we shouldn't have used this bailout to cure their irrational fears. if they want a risk based system, take some fucking risks and stop looking for a handout without any stipulations.

[david austin]

the effects (much like the causes until the headlines started showing up on news sites) will largely remain hidden.

the only real valuation will be found when the notes mature. what happens in the meantime is standard market movement of fearful times.

[St. Stalin the Apathetic]

Originally Posted by tricky

so if they are not related, why did they drop so much last monday when the bailout wasn't passed...

to prevent companies from collapsing due to unavailability of credit - not to prop of their stock's value

[tricky]

dow under 10k.

ps.

oil at 8month low!

[david austin]

most pros are looking towards the 8500-9000 range for major support

those are the post 9.11 levels

fear is taking over fundamentals now that the media has firmly latched onto 'doomsday'

[matt]

we are down like 3 points today. yikes. crazy, cuz we have been closing well above forecasting for many qtrs now and we thought our stock was undervalued to begin with...ho wells. good thing im not retiring anytime soon. shit, no one is, lol.

[david austin]

interestingly anyone who started 401ks or long term investing over the past few years will likely end up with some massive gains once this all works though.