Isn't this market fun ?

Emotions, volatility, end of the world approaching. We got it all. Sucked to be long SKF and Gold this week, though I had a helluva time riding my UYG position. Up , down, up down, up down ... UP and away by the Week's close. Financials have bottomed, folks. Its over.

Its not over til someone goes to jail. And my guess is it will be some traders.. could be country wide, but the Fed has spent so much propaganda trying to save the markets that putting them in jail will be bad form. No.. traders who were spreading rumors are going to jail. Someone has to go to jail for all this mess. They always do.

Its not over til someone goes to jail.

And my guess is it will be some traders.. could be country wide, but the Fed has spent so much propaganda trying to save the markets that putting them in jail will be bad form.

No.. traders who were spreading rumors are going to jail. Someone has to go to jail for all this mess. They always do.

Why would anyone go to jail ? there is no one really guilty of any crime. Well, except for some shmuck mortgage clerks that were making fake documents to push the mortgage loans to suspect borrowers. But its all small fish. The whole psychology of this was of reckless irresponsible lending. Stupidity isn't a crime.

When did you start trading? Yesterday? Every time there's big losses, someone goes to jail. Go search through your history, and you will find huge correlations with people losing money and a witch hunt that puts even powerful men in jail. They can turn the savior of financial integrity of new york into a greasy prostitute addict. They can turn anyone into a criminal. This is how the market always goes up. At some point, the government says anyone betting downside will go to jail, period. They ran out of rates to lower, but they got other tools.. more powerful tools.

When did you start trading? Yesterday?

Every time there's big losses, someone goes to jail. Go search through your history, and you will find huge correlations with people losing money and a witch hunt that puts even powerful men in jail.

They can turn the savior of financial integrity of new york into a greasy prostitute addict. They can turn anyone into a criminal.

This is how the market always goes up. At some point, the government says anyone betting downside will go to jail, period. They ran out of rates to lower, but they got other tools.. more powerful tools.

I think they should imprison Martha Stuart again. that will be the lesson to all these mortgage lenders

btw, FBI is investigating put purchases on Bear sterns from last week. There were huge amounts of 30s puts bought when the stock was in the 60s. Several days before CEO on CNBC was saying that everyting is great.

Couldn't agree more with dc, and what's more so do Ivan Boesky and Mike Milken... You can't have this much trouble without bringing the Sacrificial Lamb out on a slab and showing everyone that's it's ok to get back in the pool.

Hopefully this rally is not opex induced , we'll know soon enough next week if there is no follow through

by the time someone goes to jail, we will be well off the lows. rear view mirror

by the time someone goes to jail, we will be well off the lows. rear view mirror

Witch hunt first, jail later..

Who the hell going to short financials now when the FBI will look into your books if you make money off it?

we are going up now..probably an IT bottom...all the right things happening. Climax by a huge broker going under...jail? won't matter. Guys from the 2000 bear went to jail years later and the mkt was roaring