Go, Economy!

[Gooch]

We last bottomed around 7-15-08, not saying this is the primary catalyst but I wonder how impactful the quarterly fund liquidations are. I imagine they have had a signficant impact on the large down days we've had over the past seven trading days. Post Q2 we bottomed around 7-15, maybe we see some liquidation relief around the second/third week of October. Intermediate term at best, short-term more likely, but the selling has to get exhausted, even if the ban on shorts is lifted soon.

You can't blame the shorts for the massive down days we've been hit with. The shorts can assist with the creation of a bottom in the form of short-covering as well. The lack of shorts is probably also making volatility artificially high. Un-ban the shorts already.

[Cowutopia]

[Cowutopia]

Iceland!

Also, anyone ever see this guy's stuff?

Fuld

[Port]

Nikkei down 9%, biggest since 1987. Looking pretty bad.

[haohmaru]

"Subj: Dow is Down

If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today. But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received a $214.00. Based on the above, the best current investment plan is to drink heavily & recycle.

A recent study found that the average American walks about 900 miles a year. Another study found that Americans drink, on average, 22 gallons of alcohol a year. That means that, on average, Americans get about 41 miles to the gallon! "

I knew what I was doing when I bought a beer store. :P

[kingoffighters]

Fuzzy math FTW

[Type Ryan]

Liquor stores for the win.

Also, is it me or does Hao's avatar look like Haohmaru is trying in vain to suck his own penis?

[Thief Silver]

So I haven't done much investing in the stock market, but this seems like a great time to start. I just need to figure out what to go for. Gas prices have plummeted too which is weird that something fantastic has come from this mess.

2.97 near me, it's under 3 fucking dollars I Never thought I'd see that again.

[burgundy]

you best watch your ass...we are in uncharted territory

ask shidoshi how his apple and wamu exacta is going

[Thief Silver]

I mean Ideally you'd want to wait until we hit rock bottom, and get in whenever the rise comes out, even if we don't return to normal eventually profits are going to have to be made, and part of recovery is going to be when everyone tries to take advantage of the low stocks. The only question is which stocks will recover and which won't.