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Originally posted by 347Mike
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bah, the ultrapro shorts are already up 6-7%. i'm out on thatwww.hppmotorsports.com
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Pre Markets are looking horrible BAC down 8%, few other stocks on my ticket are down 6-7% as well..
Fuckin' TYP is up 8.5% lulz...Originally posted by Cmarsh93zComment
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Thar she goes!Comment
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I'm disappointed, the sheep are leaving all the junk they bought and moving right into the blue chips and keeping them flat or slightly down. I wanted to buy them.Originally posted by racrguyOriginally posted by racrguyComment
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Fannie? Freddie?Comment
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Yep, Fannie and Freddie got downgraded, now we got a real sell off going. I'm still not getting what I want on blue chips though. I want JNJ under $58 and IR under $30.Originally posted by racrguyOriginally posted by racrguyComment
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I am sure they will be going lower than that.Originally posted by Broncojohnny View PostOriginally posted by Cmarsh93zComment
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I think it is going to take a lot to get JNJ under my price. Probably S&P 1050 or so. There is definitely a flight to quality. Take a look at KO and PG, they aren't going anywhere.Originally posted by 347Mike View PostOriginally posted by racrguyOriginally posted by racrguyComment
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Euro will be on sale soon.
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JNJ may be a little stubborn in dropping but IR I think is going to keep following the rest of the market given its momentum so far. I am watching both of those and IR has pretty large drops in comparison. If the market keeps this pace throughout the week then S&P will definitely be below 1050.. lolOriginally posted by Broncojohnny View Post
JNJ hit around $47 during the '08 ordeal which was also its 5 yr low.
IR hit around $13 which was also its 5 yr low.
If things keep progressing like they have been then I will be using those as references.
I am more interested in IR right now though to be honest.Originally posted by Cmarsh93zComment
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LOL
Tea Party's fault...
“Look at the history of this – the fact of the matter is that this is essentially a Tea Party downgrade. The Tea Party brought us to the brink of a default.”
-- David Axelrod, top political consultant to President Obama, in an appearance on “Face the Nation.”
First John Kerry was saying it, now the administration? Weak."Self-government won't work without self-discipline." - Paul HarveyComment
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How in the hell do they come up with this stuff? THey blame the conservatives for holding the economy hostage. Do they not even talk about the whole 4 trillion in expected cuts and we got a whopping 2.4 trillion. I hope the American people can see past all the bullshit that the libs are spewing and realize S&P is ultimately blaming the little spending cuts. I realize that they blame some of the crap conflicting ideas but that still there are not near enough cuts regardless of political viewsOriginally posted by GhostTX View PostLOL
Tea Party's fault...
First John Kerry was saying it, now the administration? Weak.Comment
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