Stock market Tuesday prediction

I bet it will go down for some weeks and you folks?

Not by tues. but, we are going to test the 10,000 mark.

moody's is next

Moody's might think twice.

Not Moody's, at least not in the short-term:

"Moody’s Investors Service affirmed the U.S.’s top rating for the second time in a week, rebutting Standard & Poor’s after it stripped the world’s largest economy of its top credit status.

The U.S. today retained its Aaa ranking with a negative outlook in part because the dollar’s status as the main reserve currency allows it to support higher debt levels than other countries, Moody’s said today in a report. Lawmakers last week took a “positive step” toward addressing the nation’s record deficits, Steven Hess, the senior credit officer at Moody’s in New York, said in a telephone interview."

http://www.bloomberg.com/news/2011-08-08/moody-s-affirms-u-s-s-aaa-rating-cites-dollar-s-role-as-reserve-currency.html

http://www.cnbc.com/id/17689937

Well we're close to a short term over-sold condition.....

try again in english.

columbiacounty, seriously, you can't understand what Riversider just said?

I guess we shouldn't be suprised from a great great grandpa who thinks that the Reply button on email is actually the Respond button.

we're close---so we're there or not?

short term---so maybe it changes immediately?

over sold---so its gonna go up?

how about: i have no fucking idea what's gonna happen?

Don't rule out another FED deus ex machina, folks. The megaprop-up might have one more trick up its sleeve, to the later greater ruin of it all.

>
columbiacounty

42 minutes ago

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we're close---so we're there or not?
short term---so maybe it changes immediately?
over sold---so its gonna go up?

columbiacounty
42 minutes ago
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how about: i have no fucking idea what's gonna happen?

I'll give you on the "we're close". The rest is pretty simple if your eyes and ears weren't filled with cream cheese.

FED deus ex machina,

Ridiculous is that when Obama spoke ... after a significant delay today ... people were expecting a Presidential Deus Ex Machina. But he disappointed.

I'm not sure how he could actually disappoint. He insisted on no debt ceiling deal unless it involved tax increases. And of course ... debt ceiling increase and NO tax increases.

Well, when he said "we always have been and always will be a AAA country", I could feel the air rushing out of the balloon.

Maybe the air rushing out of the tire. AAA referred to the automobile club.

huntersburg, touche!

columbiacoumty, you arent grey! but judging the quality of your posts it wont last.

http://www.urbandigs.com/2011/08/futures_extend_slide_manhattan.html

futures are down like 2.3% right now...ouch

Tuesday. Opens down hard. Crazy rally towards 2 or 3 pm as the besexposer/ericho buy on panic nonsense foolz do what they always do.....

Closes flat or down.

Have no fear, we re test and break through lows. blind faith in mkts, housing, govt, pensions and Our own 'steady' income goes out the window.

Nyc re never recovers from this episode. The final ninnies pricing peak minus 20%, will be no more. Absolute acceptance that nyc re will hit $500psf or 50% off peak bf ever hitting the peaks in our lifetimes settle in.

Boy oh boy, just imagine the $$$$ ya could've had had you sold in 2007. The greatest re bubble known to man. Now punks, ya think you can ever earn that $500k cap gain tax free in your lifetime, ESP. Now that your 401k is in tatters? Flmaozzzzz

And it's UP: http://www.bloomberg.com/news/2011-08-08/bernanke-may-move-to-lift-confidence-on-concern-u-s-heading-for-recession.html

Like a yo-yo.

i cant explain why stocks are up--but bernanke's prevailing msg is that our economy is shit and will remain so for a long time--anything but confidence lifting

w67th sez the market on Tuesday:

"... Opens down hard..." CHECK! (errrrrr wrong - just the opposite)
"...Crazy rally towards 2 or 3 pm..." CHECK! (errrrrr wrong - not really)
"...Closes flat or down..." CHECK! (errrrrr wrong - just the opposite)

"...Nyc re never recovers from this episode..." Never. NEVER. N-E-V-E-R! That's as in - forever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever and ever....

Flmaozzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

hey, at least he's got an opinion

Flmaoz. Too busy alighting cars and bldgs in London at the moment to give a shit. But if you wanna know, my family spend and move up the economic ladder based in our w-2 and not selling bubbles to ppl nor suckling on nyc re.

Matsonjones. Buy nyc re today bf the low interest rates drive prices up. Buy now! Buy now! Mkt just gyrated 2000pts in 3 days and the rally of today didn't even get us back to yesterday print. Wtf? And that's after 2 more yrs of 0 interest rate promise by Bernie, the greatest transferer of wealth from savers to spenders in the history of mankind.

Stfu and buy buy buy. Buy on every dip. Buy on every open house. Buy dog shit in central park cause someone will pay you double!!!! Hahahaahhaahaaaaaaaaaa. Just stfu and buy! I've got to pack for my first class tkts back to nyc. Maybe I'll have my butler do it. Flmaozzzzzzzzz

w67th sez the market on Tuesday:

"... Opens down hard..." CHECK! (errrrrr wrong - just the opposite)
"...Crazy rally towards 2 or 3 pm..." CHECK! (errrrrr wrong - not really)
"...Closes flat or down..." CHECK! (errrrrr wrong - just the opposite)

and then Wbottom sez: "...hey, at least he's got an opinion..."

Flmaozzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

"i cant explain why stocks are up--but bernanke's prevailing msg is that our economy is shit and will remain so for a long time--anything but confidence lifting"

WB, almost all Fed days are head-fakes. That the market is up is just a matter of timing - when there is a 600-point swing in one day (and more if you count pre-market) had the market been open for 5 more minutes it might have been down 400 points.

There is no good news in anything that the Fed said: they basically sounded like Sergeant Schultz, "I know nothing!"

3 dissents, so don't expect any more help from them. QEII was an unmitigated disaster. Calling soft money through 2013 was also dumb, though it seems to be to get rid of any uncertainty regarding tightening in nominal terms, though they left open effective tightening by not specifying what they would do with their balance sheet.

Today could have ended either way, but it was not a good market day. Extreme volatility never is, and with gold going up and oil going down, nothing good can be read into stocks.

Not a day for the faint-hearted, either. Sidelines seem like a good place to be.

"i cant explain why stocks are up--but bernanke's prevailing msg is that our economy is shit and will remain so for a long time--anything but confidence lifting"

WB, almost all Fed days are head-fakes. That the market is up is just a matter of timing - when there is a 600-point swing in one day (and more if you count pre-market) had the market been open for 5 more minutes it might have been down 400 points.

There is no good news in anything that the Fed said: they basically sounded like Sergeant Schultz, "I know nothing!"

3 dissents, so don't expect any more help from them. QEII was an unmitigated disaster. Calling soft money through 2013 was also dumb, though it seems to be to get rid of any uncertainty regarding tightening in nominal terms, though they left open effective tightening by not specifying what they would do with their balance sheet.

Today could have ended either way, but it was not a good market day. Extreme volatility never is, and with gold going up and oil going down, nothing good can be read into stocks.

Not a day for the faint-hearted, either. Sidelines seem like a good place to be.

Matsonjoney. Buy in/around/thru/up/side of all the dips. Flmaoz. Hahahahahaaaaaaaa.

Buy buy buy!! Borkers nite

w67th sez the market on Tuesday:

"... Opens down hard..." CHECK! (errrrrr wrong - just the opposite)
"...Crazy rally towards 2 or 3 pm..." CHECK! (errrrrr wrong - not really)
"...Closes flat or down..." CHECK! (errrrrr wrong - just the opposite)

Tell you want. Tell us all what's going to happen tomorrow on Wednesday, and we'll just do the EXACT OPPOSITE.

Wow. You're supposedly in London with your wife and children, and you're sitting up at 11:30 p.m. London time on the computer in the motel room on streeteasy.com? You're in London? suuuuuuuuuuuuuuuuure you are.......

Flmaozzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Don't you think it's weird the timing of the fed announcement? in the middle of the day? why not after the market close?

Ritholtz called today the mother of all dead cat bounces. We're still in a secular bear market, so rallies should be treated with caution.

I think you might call it short-covering, RS, but I think there was a technical bounce to it, as the buying occurred when the market was down 200, or about what would be expected in a head-and-shoulders pattern.

The Fed's message was all gloom and doom: things are bad, are going to get worse, and we're not going to do anything about it. Not a rallying cry, really.

switel - that is the time the Fed always makes its announcements: 2.15 pm.

Eddie Wilson?! Eddie Wilson?!

One view of the short-covering side, RS, is that banks surged yesterday.

Banks? Really?

Nothing like Cramerica logic:

http://www.cnbc.com/id/44075841

"More than anything else, what you need at this moment is a shopping list of stocks that make sense at these levels and make even more sense if they go lower."

What?

switel--fed always releases its minutes at 2:15pm est--that's always been the scheduled release time--i assume logic is that this allows markets to adjust based on whatever the intended message from the fed is

didn't cramer tearfully tell his disciples to puke all at one point near the 2009 market lows?

Cramer did recommend investing in Lehman right before The Big Collapse. Now he's recommending buying stocks whose price is falling.

Hmm. Makes you think. Maybe I should just overdose on Red Bull, & I'll get my own TV show, too!

Or was it Bear Stearns? (Which of course would be worse....)

Some people listen to cramer and then do the opposite. Looks like it's going to be another wild day on the street

"didn't cramer tearfully tell his disciples to puke all at one point near the 2009 market lows?"

Hey, at least he's got an opinion.

"wouldn't you think if someone like that were going to make ANY statement on the matter, he should probably distance himself from this element and remind himself he has nothing in common with trash like that? *i* would certainly think so"

What, is he a politician? Get a grip.

you missed malthus the wise's quote from my post. better get that too. asswipes.

and, yeah, better take down w67's post where his goofy ass jokes about participating in the riots.

or is that not as offensive as whatever i said? or is this about this gang of edumacated finance type boys being schooled by a HOUSEWIFE? was that the offensive part? because i can't help that. i'm smarter than them. smarter than you, too, because i figured out who the troll is. without bothering the cops!

put that conversation back you dorks! it's not offensive! it's a conversation about what's happening in our world, on a board read by adults. put it back!!

Are you working the bourbon today or is it vodka?

i give you permission to edit my own posts to remove the profanity. since you've deemed that more offensive than a joke about being an enthusiastic participant in the violence that has gripped and terrified london for days. london, you buttmunches. LONDON. don't you think people in new york should probably keep up with and have an opinion on what's going on in LONDON? not sarajevo, not mogadishu. london. smelly stupid jerks.

dammit, now this self important monkey can mock me for, whatever. because the goskomizdat at se have denied the world the opportunity see me school his silly ass. i take comfort in knowing that he himself did see my responses to his idiocy and it stung him. where he pees.

Vodka.

Malthus what have I done to get such scorn from a lady? Usually one should be married with 3 kids and have just been found to be banging the help for such vitriol.fking hilarious. Flmaozzzzz. Who the fk is this multiple personality stay at home mom?

Matsonjones. Did ya go all in yesterday? Flamozzz.

Who the fk doubts me now?

STREETEASY THIS IS NOT FAIR. i won, you know i did, and you deleted it. their responses to me now, after you deleted my posts, should be proof enough that i did not hurt anyone's delicate feelings and they are continuing this argument. which YOU helped "win". please put back the other posts. if they had stayed away, that's one thing. but they are moving forward. please put back my posts. this pos has gotten a lot of slack from you after posting vile and horrific comments, knowing you will delete them. at least let someone who has a bigger figurative penis than you put him in his place. i humbly thank you for your consideration of my request.

paranoia - a psychological disorder characterized by delusions of persecution or grandeur.

This stock market is a dead stock market. It's not stunned. It's an ex-stock market! It's bloody demised.

don't you mean if i found my husband banging "the help"? this is what i'm talking about, streeteasy. don't make this corny spazz feel like he dodged a bullet again. just let is stay on record. pretty pease.

"paranoia - a psychological disorder characterized by delusions of persecution or grandeur."

your diagnosis of my alleged paranoia rests entirely on the false claim that streeteasy DID NOT delete several of my comments. think really hard and try again.

shut up already, hfs.

stand down, cc. this is way out of your league.

you've played it out. no one is buying. quit.

Hi W67 - been awhile! kiss kiss

oh, so you approve of his willingness to take part in the london riots? because omg that's so funny! he is such a good natured joker, that w67. harmless, goofy, w67. quick question, were you to be walking around some parts of london these days, would you indentify yourself as a friend of w67? because how will he know not to make you strip in front of a threatening crowd of thugs, humiliate you and take your stuff? better have a tshirt made.

"no one is buying"

you can say that again! boy oh boy is this market in trouble.

no one is buying your particular brand of crap. go burp the baby.

"go burp the baby."

eeww!! i am not one of the hookers you pay to roleplay with you like that! gross! and a little tmi, i think

this is where you give it away. sounds way too much like yourself. need more work on changing voices along with names.

thanks! even though i'm mad at him, would still consider that a compliment. but i do believe those are the times he tries to sound like me, or at least like a girl. you know, becase you're stupid and fall for it.

The Plunge Protection Team must be working over time trying to keep a floor under this market.

PPT links:
-- http://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm
-- http://www.zerohedge.com/article/cnbc-guest-says-absent-plunge-protection-team-stepping-market-would-fall-wien-kernan-disgust

@ stevejhx:

My favorite Cramer is an idiot who should be caged video:

http://www.howcast.com/videos/15379-Jim-Cramer-the-FlipFlop-That-Ought-To-Be-Illegal

Plunge Protection is exactly what the Fed doesn't want - they need to deflate commodities and oil to get the economy moving again (though the damage is already done).

And despite all the carnage, the market is still 10% above where it was a year ago, without including dividends. By any account, a handsome return (though it won't last).

"And despite all the carnage, the market is still 10% above where it was a year ago, without including dividends"

Low stock prices are good - they let you buy cheap. Nothing wrong with getting a bargain IMO. The market hysteria is misplaced. The only people that are screwed in times like these are forced sellers.

"Forced sellers" You mean like Ace Investor somewherelse, aka Eddie Wilson, who sold all of his stock, incurred capital gains, then "put some of his profit back to work" the day before the 1000 point crash?

Eddie Wilson?! Eddie Wilson?!

Low Stk prices are good but not it you have to sell to buy food, pay a mortgage, or take a trip to Paris......

Hey if you are fully vested in the 3 stocks and are now down approx an addl $80k on top of the $250k azzkicking you've already taken, dos that mean I can replicate your 3 Stk holding for $.60 on the dollar with my cash position and still have $400k left over for a C7 on cpw?

I'm with you, I think it'll be a great fking time to buy some equities in the next year when we re test the lows. Get your chkbook out. We'll go in together.

Wha wha wha? You got no money? You don't like leverage? You are already alll in? Then stfu and enjoy the bus ride. Btw the bus you are on has 3 wheel, bernie the driver is drunk and blind and is driving with his willy out and a wet finger out the side window for direction.

Fk this jet lag.