US Stocks Down 15% in 2 Weeks (user search)
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  US Stocks Down 15% in 2 Weeks (search mode)
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Author Topic: US Stocks Down 15% in 2 Weeks  (Read 7232 times)
Sam Spade
SamSpade
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Posts: 27,547


« on: August 08, 2011, 06:46:27 PM »

What's funny is that this is basically TARP-redux.

Threaten end of the world if we don't pass TARP (in this case, raise debt ceiling with fake cuts and revenue increases).  Pass TARP (debt ceiling raise, etc.), market crashes.

Am I basically the only poster here who was against both pieces of legislation?  Serious question really.
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Sam Spade
SamSpade
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*****
Posts: 27,547


« Reply #1 on: August 08, 2011, 09:29:07 PM »

I'm kinda with KEmperor - now is probably a good time to buy some longs (not hold, of course), but it's like trying to catch a falling knife.
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