Saturday, September 20, 2008

Interesting

Sure, if we're gonna spend a half trillion, I can think of better ways to spend it then on propping up companies that fucked up.

12 comments:

Complacent Panda said...

We don't live in a democracy. We never have. It's a republic--we vote for people who are then put into power to make decisions for us.

PS: I think this guy lost money yesterday.

Danny said...

I like Don's vitriol much more than I-told-you-so, shit-eating-grin, ham-smuggler Karl Deninnger.

Dinosaur Trader said...

Yeah, I like this video. I don't know anything else about this dude, though he seems to have some fee-based website.

RIGHT NOW! I agree with CP. Seems he was short going into Friday.

-DT

Jawbreaker said...

I think this last week has confirmed many of our worse fears about the way our country is run. I remember what my grandfather told me a few days before he died of cancer in the hospital. He pulled me close and said " Its all Bullshit" I said what is grandpa? He said "Everything" I guess grandpa must have been a daytrader at some point in his life. Nice vid DT.

Jorge said...

If people would stay freaking diversified, they wouldn't be so pissy. There's a reason I don't go all in long or short. The game can change at any minute.

If you were 100% short Thursday or Friday, you deserve to get blown out, period. And the same can be said in the opposite direction. Risk management.. 'tis key to investing.

john said...

Go fuck yourself jorge.

Jorge said...

LOL! How much money did you lose john?

Dinosaur Trader said...

Whoa, when did the comment section here turn into iBC?

-DT

john said...

This isn't investing when the FED changes the rules and manipulates the stock market. I didn't lose any money.

Jorge said...

Well we're playing the Fed's game and if they feel like changing the rules in the middle of it so be it.

BTW, investing = buy and hold = Cramer. We all know how wonderful Cramer is. Trading is what nabs those 6 figure gains that one day DT will pull off... hopefully in the positive direction though ;)

mdawsz said...

Holy shit! RIGHT NOW!

HPT said...

Cramer isn't a buy and hold'er jorge, if you've ever watched his show. He changes his direction a lot and tells traders to do that to. By no means am I backing cramer, but he does say take profits and back up the truck and all those other sound effects.