stock market down again

Yep. Financials took a dump today again.

03c4s said:

For all you stock jockeys, hold on to your shorts, could be in for a rough ride in the coming weeks......

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yup all my trading screens here at work are RED :thumbdown:

good discounts to be had on selected Int'l companies.
Buy puts on financials and banks, the other shoe has yet to drop.
Wait till the 1st quarter #'s are reported next month, this will cause another sell off.

03c4s said:

good discounts to be had on selected Int'l companies.
Buy puts on financials and banks, the other shoe has yet to drop.
Wait till the 1st quarter #'s are reported next month, this will cause another sell off.

Click to expand...

R, we still need to talk. :thumbup:

Whats stock?

when blood runs in the street is the time to buy, but be careful this meltdown in the subprime market may ripple, best to wait and see and let cash be king for the present time.

sorry I can't name any stocks publicly because I'm an advisor but you can pm me.

JmanE55 said:

03c4s said:

good discounts to be had on selected Int'l companies.
Buy puts on financials and banks, the other shoe has yet to drop.
Wait till the 1st quarter #'s are reported next month, this will cause another sell off.

Click to expand...

R, we still need to talk. :thumbup:

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Lets do pho this week if you have time.

I need help R. I already minimized my margins a few months back, but I'm a little sketchy with my mortgages. I'm thinking to wait for all this drop to end and then re-up on all my debt. I wish i understood money as well as chemistry.

Is there a loan officer in the house?

jangy said:

I need help R. I already minimized my margins a few months back, but I'm a little sketchy with my mortgages. I'm thinking to wait for all this drop to end and then re-up on all my debt. I wish i understood money as well as chemistry.

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We can talk tonight at fusion.
Another day of clashing b/w the bears and the bulls, lots of institutional money going cash, not good for liquidity.
Could see a big up day as new blood comes searching for bargains but don't be suprised if that is followed by another sell off.