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7,500,000,000,000 is nothing.
Posted: Thu Dec 04, 2008 2:39 pm
by Jerkovich
Tip of the iceberg.
When the hedge funds crumble, which are leveraged 30 times the GNP of ALL industrialized nations(260,000,000,000.000)the shit is going to hit the fan.
Clean your guns, stock up, and plant your garden.
Look for the2nd quarter of 09.
:doh:
Re: 7,500,000,000,000 is nothing.
Posted: Fri Dec 05, 2008 12:41 am
by Derron
Jerkovich wrote:Tip of the iceberg.
When the hedge funds crumble, which are leveraged 30 times the GNP of ALL industrialized nations(260,000,000,000.000)the shit is going to hit the fan.
Clean your guns, stock up, and plant your garden.
Look for the2nd quarter of 09.
:doh:
The hedge funds are the ones causing the market drops as they continue to try and cover their positions. Better they do it bits at a time. If they tried it all at once, the trading curbs would kick in, bad but not castrophic.
Fuck the hedge funds..they need to go down. Problem is a low of them shorted GM...now look...
Got the guns covered....got a late season elk tag...cash in a safe....fuck them all...
Re: 7,500,000,000,000 is nothing.
Posted: Fri Dec 05, 2008 1:35 am
by KC Scott
Derron wrote:
The hedge funds are the ones causing the market drops as they continue to try and cover their positions.
If they're "covering" they are buying back shares they shorted.
I think you're trying to say they're liquidating to cover margin calls.
Better they do it bits at a time. If they tried it all at once, the trading curbs would kick in, bad but not castrophic.
You've already seen that - it was the waterfall in Oct / Nov. - That's why volume was so high all the margin got called in.
The volatility is still high, but the volume is drying up -
There's money setting on the sidelines waiting for a confirmed bottom - but they may be waiting for a while yet.
Re: 7,500,000,000,000 is nothing.
Posted: Fri Dec 05, 2008 2:47 am
by Derron
KC Scott wrote:Derron wrote:
The hedge funds are the ones causing the market drops as they continue to try and cover their positions.
If they're "covering" they are buying back shares they shorted.
I think you're trying to say they're liquidating to cover margin calls.
Better they do it bits at a time. If they tried it all at once, the trading curbs would kick in, bad but not castrophic.
You've already seen that - it was the waterfall in Oct / Nov. - That's why volume was so high all the margin got called in.
The volatility is still high, but the volume is drying up -
There's money setting on the sidelines waiting for a confirmed bottom - but they may be waiting for a while yet.
Yeah...that's what I meant...cover their position...cover their cheating asses
My bro in law pulled half a million out last Friday..waiting for bottom...sometime..
Re: 7,500,000,000,000 is nothing.
Posted: Fri Dec 05, 2008 11:41 am
by Goober McTuber
KC Scott wrote:There's Derron setting on the sidelines waiting for a confirmed bottom
FTFY.
Derron, I think Kevnic's the guy you're looking for, as long as you don't mind reindeer sloppy seconds.
Re: 7,500,000,000,000 is nothing.
Posted: Sat Dec 06, 2008 4:27 pm
by PSUFAN
mvscal wrote:7,500,000,000,000 is nothing.
Is that the number of spermatazoa which have perished along various points of your digestive tract this week?
Pray for them.