Jump to content



Photo

deja vu sept 2008 crash


  • Please log in to reply
5 replies to this topic

#1 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 18 May 2010 - 06:48 PM

Yes Germans are doing short selling ban.. Then Germans are voting on $1 tril package. Oh sounds so similar to sept 2008. Started with short selling ban.. then vote on TARP... doh!
Qui custodiet ipsos custodes?

#2 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

Posted 18 May 2010 - 07:02 PM

I thought about the same a few days ago, you cannot miss the parallels. Let me guess outcome; then the German counterpart of the house party leader (Nancy Pelosi in our case) will come out and say they have been dealt with the worst hand and they did the best out of as they had to approve the $1T bail out package to save thousands of jobs on the line. Of course, nothing will change after the package because the market already discounted it with a 3 day rally about a week ago! Yes, it is a little bit of the history is repeating... Another crash seems unavoidable.

#3 dcengr

dcengr

    Member

  • Traders-Talk User
  • 13,391 posts

Posted 18 May 2010 - 07:11 PM

for disclosure purposes.. i sold my calls at the open and bought them back again at the close :huh: yes if it crashes, they will go poof.
Qui custodiet ipsos custodes?

#4 teknobucks

teknobucks

    Member

  • Traders-Talk User
  • 297 posts

Posted 18 May 2010 - 07:28 PM

for disclosure purposes.. i sold my calls at the open and bought them back again at the close :huh:

yes if it crashes, they will go poof.



eye hear ya....BOT some FAS in AH 24.87!!

sell order 26.17

#5 tradesurfer

tradesurfer

    Member

  • Traders-Talk User
  • 2,960 posts

Posted 18 May 2010 - 08:28 PM

any idea when the vote is ?

#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 18 May 2010 - 08:34 PM

Incorrect, it did not "start" with short selling restriction... Started with $1T "Bazooka" This is the second parallel.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics