350Z's 2007 I Fund Thread

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So, what happened around noon that caused that rout? Market volatility indices went through the roof, and the Lehman agg bond index shot up like a rocket in less than 45 minutes.

Not that the market needs much reason to go nuts these days, but I'm just curious if anything was announced then. Or was it just panic?
 
YEEE HAWWWW!​

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WHAT A RIDE!​
 
So, what happened around noon that caused that rout? Market volatility indices went through the roof, and the Lehman agg bond index shot up like a rocket in less than 45 minutes.

Not that the market needs much reason to go nuts these days, but I'm just curious if anything was announced then. Or was it just panic?

There was a rumor of an emergency fed meeting.
 
With all do respect 12%, with a comodity selloff in the US such as Alcoa, USSteel,..etc, Are you serious or are you just being a cheerleader. We all want to cheer for the market.
 
There was a rumor of an emergency fed meeting.

This morning Poole (St. Louis Fed) said there was no need, but yahoo is attributing the bounce to it. This is the technicals at work.

In regards to the fed, here's Reuters 30 minutes ago.

http://www.reuters.com/article/stockTickerBriefing/idUSSI2007081614335920070816

In short they say the fed won't cut because that would amount to an admission that they were wrong.

The media is trying to goad the Fed into a cut. Bernake knows he can not afford to look weak, so the more they push the less likely it is to happen - the market will figure that out in the next few trading hours.
 
The media is trying to goad the Fed into a cut. Bernake knows he can not afford to look weak, so the more they push the less likely it is to happen - the market will figure that out in the next few trading hours.

.......or minutes
 
The media is trying to goad the Fed into a cut. Bernake knows he can not afford to look weak, so the more they push the less likely it is to happen - the market will figure that out in the next few trading hours.

They may already have.

DJIA now down 280.

EDIT: it's all over the place. Who knows where this will end?
 
Just put 50/50 I and S and come back Dec.31. The bet is that we will close higher than where we are right now. Shut the computer off and come back before the XMAS. It is very hard to trade these markets because if you panic and sideline, you might miss some major pops and kick yourself in the butt.
 
Just put 50/50 I and S and come back Dec.31. The bet is that we will close higher than where we are right now. Shut the computer off and come back before the XMAS. It is very hard to trade these markets because if you panic and sideline, you might miss some major pops and kick yourself in the butt.

I strongly disagree. Before this is over, we're going to have a big mortgage lender(CFC?), major bank, and some home builders go bankrupt. IMHO, this is far from over. I believe we are going to be in a Bear market.:worried:
 
I strongly disagree. Before this is over, we're going to have a big mortgage lender(CFC?), major bank, and some home builders go bankrupt. IMHO, this is far from over. I believe we are going to be in a Bear market.:worried:

Which bank? Cramer's talking about BoA going belly up as a "doomsday", but he didn't say he thought it was likely. He also mentioned Wachovia. Or are you speaking generally?
 
Just put 50/50 I and S and come back Dec.31. The bet is that we will close higher than where we are right now. Shut the computer off and come back before the XMAS. It is very hard to trade these markets because if you panic and sideline, you might miss some major pops and kick yourself in the butt.

Don't turn it off yet. Coming back.
 
I strongly disagree. Before this is over, we're going to have a big mortgage lender(CFC?), major bank, and some home builders go bankrupt. IMHO, this is far from over. I believe we are going to be in a Bear market.:worried:
You have to ask yourself this question. Where do you think the market(DJIA) will be by eoy? We might see another 500 drop to 12000, but I see new highs before the end of the year. So, if you did nothing and left it in the S and I with all the drops you will a 12% return IF we hit 14k. IMHO.
 
I have been taking small positions on each hard day down in the C,S and I funds. Someone is buying these equities. If the S&P 500 can find support at 1394 and maintain it. We may rally at some point as the shorts start to cover.:)
 
I am not saying I am going to do that, but its a thought to think about. The G Fund has only 19 weeks to pay out which is about 1.44% That is chicken feed at this stage of the game.
 
Come on gang, I took crap from alot of people today about this market going green. Look now baby!! The triple digit gain is a ?
 
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