[RealSlimShady]

I have had my share of loses recently, got some back the last few days on eur/jpy

bought gold 25 minutes ago

Good luck, guy.

But I think you fought gold for a couple of hundred points on the wrong side and now you reversed your position at the top? Almost ready to fade you and short it here....lol.

[rsnnh12]

The economy never recovered since 2008. The Dow went up because the banksters printed money out of thin air and handed it out to their cronies, who bought up stocks on the cheap. Nothing else changed. So now we're back to square one, with nothing solved since 2008.

Basically this.

Looks like QE1 and QE2 failed, huh?

[The Sensei]

I hope it keeps falling. Then we can get great deals on undervalued companies

[Dutch]

I hope it keeps falling. Then we can get great deals on undervalued companies

I heard that.

[Emily_Haines]

I hope it keeps falling. Then we can get great deals on undervalued companies

I hope it goes to zero, so we can get rid of our shitty president.

[agharah1]

This could all just be a bond relief rally after everyone either piled into bonds because they're safe from default again. Or it could be from a recession coming. Tomorrow's NFP's will tell the tale.

[Boner_18]

Short the broad market, easy as pie.

[jjgold]

tomorrow will be flat
next week down again

we should of seen this

gold kept going up
Treasuries have been going up for a while now
writing was on the wall

[lemart5]

Everyone should have cash on the sidelines ready to buy in 3 months .These are the times where people get rich you must leverage yourself .

[The Bet Master]

jj speak about something you know.

[Monitor-Tan]

Everyone should have cash on the sidelines ready to buy in 3 months .These are the times where people get rich you must leverage yourself .

Explain, i'd like to learn more here

[jjgold]

Everything is risky now

have tight stops

[wtf]

Everything is risky now

have tight stops

oh really

has there been a time in history when taking chances was not risky?

I am sure you are slightly brain damaged

[The Sensei]

I hope it goes to zero, so we can get rid of our shitty president.

Amen to that one

[jjgold]

Another down day it looks

[toga toga]

Do not panic - stocks you owned a few days ago that were solid still are just lower. The blame for this downturn falls on European concerns. Clearly, our dysfunctional government did not help. Clinton or Reagan would have shown real leadership. Bush was a disaster, Obama a disappointment. We habve a lack ofq leadership at the top and insanity with the tea party at the bottom! Things will be bumpy fora while - my suggestion is to look forenames that you understand and are oversold but remain solid. This is not the time to be brave but cautious. However, panicking is not the answer. No- we are not all f'd

[jjgold]

The big problem is Europe this time
They need to get back on trap
Everything tied in
so fukkin complex

[itchypickle]

Another down day it looks

Futures point to a 140-150 open but highly doubt that will hold since it's a friday. The initial bump is coming from the jobs report just released - it's better than expected but still below the number needed to keep pace with population etc.....so it's still a negative overall. I'm guessing a -37 to +12 day by 4:30

[ACoochy]

The big problem is Europe this time They need to get back on trap Everything tied in so fukkin complex

Coach if the traders in NY propped up european bond markets then these 'Bailouts' that are creating a crisis of confidence wouldve been avoided...They are too stingy to fork out a few hundred billion to stabilise things and instead wipe out trillions in value through their own desensitized definition of greed

[jjgold]

sell of now..market up but its weak

[Skidcom]

Recommendation from a trader I trust:

3:00 AM, EDT - The law of unintended consequences has reared its ugly head in the action of equities markets world wide. The continued fumbling of EU leaders in papering over the fiscal problems of its more profligate members and the attention brought to the extent of the gigantic US debt during the Debt Ceiling resolution machinations have suddenly awakened the investing public to the reality of their rapidly weakening currencies. The flight to gold and stable currencies such as the Swiss Franc has been dramatic and pronounced and has generated the urgency of people to “get liquid”. Hence the near panic selling of shares that accelerated yesterday to a 4% plunge in the US equities markets. As an old market trope goes, the orders have changed from ’get me out’ to ’get me the F*#K out’! Thursday may have been a selling climax, but, as large as it was, the plummet pales in comparison to say, to that of October 1987, when the one day drop was over 20%. This suggests that at least a severely down opening is on the cards today, and, if it breaks SPX 1175, a revisiting of the SPX 1050 level could occur. Today’s July Non Farm Payroll Report may be the key to the initial trading. If it’s as bad as June’s, a disastrous opening could be the case. However, since the underlying shares have largely been increasing profits, SPX 1175 could contain the carnage and present a short term buying opportunity. Why? The simple facts are that, in a period of inflationary currency, the hard assets and earning power of corporations present a storehouse of value, and are known by professionals to be a far safer haven than Sovereign bonds of most nations, the US included.


Trading Recommendation - If, and only if, the SPX remains above 1175 by 10:00 AM, initiate a 10 time iron condor in the Aug SPX contracts, buying the 1170 and selling the 1175 puts, selling the 1250 and buying the 1255 calls for whatever credit is then available over 3.00. If that cannot be done, abandon the trade.

[pavyracer]

Listening for market advice at SBR is like taking losing weight tips from someone at the buffet line in Vegas.

[babyjesus]

Sad day in the market today. Some people lost a lot of money. A LOT.

[jjgold]

Wild swings today
I doubt it will end up in Green

We have at least another 1000 points to go on the downside

[DDT]

Everyone is running scared...........................GET OUT WHILE YOU CAN!!

[Joe Sharp]

http://www.youtube.com/watch?feature...fdaC7eL4#at=20

[Joe Sharp]

My apologies. I tried to import the video.... link posted above.

[jjgold]

Down like 80 now
No idea if we see a upswing today again

[SEAHAWKHARRY]

Market isnt crumbgling........we needed a correction and now its happening....

[jjgold]

Down 200 now

It's crumbling

[pavyracer]

Buy Dow Futures Sunday Night Boys.

[d2bets]

My brokerage account is being eviscerated. I was down over 5% yesterday, today another more than 6%.

[Emily_Haines]

brewing up to be another real bad ass kicking

all 401k contributors getting hurt bad

but don't worry it's all about dollar cost averaging

[itchypickle]

Told ya yesterday.....buy the smart side - SH still going up...free money....always a way to get freebies if you plan for it boys.

[itchypickle]

My brokerage account is being eviscerated. I was down over 5% yesterday, today another more than 6%.

should have sold...even at market prices...no need to stay in unless you are really long. If so...load up on the ones at discount.