Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (9443)	5/1/2008 5:05:17 PM
From: re3	Respond to of 50094

well ya' got your 13k...

To: SliderOnTheBlack who wrote (9443)	5/1/2008 10:06:34 PM
From: Fiscally Conservative	Respond to of 50094

The rate cut was given. The fact most already knew what the cut was before the Fed announcement is far more telling. I agree,this market has very little legs here. That being said,I'm not sure why you would think the cut was simply to allow the big boys to unload their merchandise on the unsuspecting public given that prior cuts could have been just has useful in that purpose.

To: SliderOnTheBlack who wrote (9443)	5/5/2008 7:48:13 AM
From: bearjones	Respond to of 50094

Per your message, this is a call to short the general market in a HUGE way. To: surelockhomes who wrote (9443) 5/1/2008 9:18:53 AM From: SliderOnTheBlack 11 Recommendations Read Replies (2) of 9466 This rate cut was about "one thing"... An attempt to jam-job the DOW over the 13,000 technical level, so that Ma & Pa Kettle would be drawn back into the market -- allowing Wall St. insiders another trading exit. ...nothing more, nothing less. SOTB

To: SliderOnTheBlack who wrote (9443)	5/5/2008 1:51:18 PM
From: RonMerks	Read Replies (1) \| Respond to of 50094

Re-'This rate cut was about "one thing"... An attempt to jam-job the DOW over the 13,000 technical level, so that Ma & Pa Kettle would be drawn back into the market -- allowing Wall St. insiders another trading exit.' Slider- the financials are rolling over. This whole stinking rally in financials was about the SEC memo allowing all these banks to LIE and COOK THE BOOKS. That's the only damn thing that's changed. And look at whats happening- The XLF can't get out of its own damn way. Look at how weak the volume was on this rally. Everyone is trying to 'sell' us on the idea that the financials have bottomed and that the credit crisis is over. But that chart tells a different story- namely THE TRUTH! And the truth is that their dumping into every rally we buy! And why shouldn't they? The Fed may be RAISING rates by September! The housing inventory is so big- that we won't work through it in the next TWO YEARS! And if the economy continues to slow- more deliquencies and then the credit card and auto loan blow up comes to full bloom. And we wonder why the SWF's arent putting in more money into financials here, or why Bank of America is getting cold feet on Mozilo's Countrywide house of cards. If the XLF can't take out 30- I think it's going to 20-22. At 20-22 I may be a buyer, but not until. Thoughts anyone? Ron