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    WHEN WILL IT ******* END????

    a
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    30 years, if you believe in super-cycles.

    Or when, despite raising £3bn through creditors, CIT still goes bankrupt.
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    oh. i was hoping for some time in the next 2 days.
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    Nevarrrrr!
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    (Original post by Prince of Zamunda)
    No doubt about it. The loan seems more like a preemptive raid on their bankruptcy assets. Only thing CIT gets out of it is perhaps a sense of satisfaction knowing they just screwed a lot of speculators out of their puts.

    The small business gurus rejoicing at the bailout make me laugh. If CIT is paying libor + 10% on the debt, at what rate is it suppose to lend to these guys?
    Dude, are you at uni or are you actually working in IB?
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    He is still at university doing an internship ... look further down this forum for his blog. There's no reason for him to not know this ... if he's interning he has to be aware of market news all the time.
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    Never! I want to see the dow at 9000 but last I checked it had resistance right around there : /
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    Given how relentless the fall was, the rise barely deserves being called as such.
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    (Original post by President_Ben)
    Given how relentless the fall was, the rise barely deserves being called as such.
    This, basically.

    If the dow ends the week at 10k, we'll call this a "relentless market rally"... for now I'm calling it optimism :p:
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    (Original post by President_Ben)
    Given how relentless the fall was, the rise barely deserves being called as such.
    You say that, but a lot of people still believe the global economy has rallied too swiftly.
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    (Original post by Benh842)
    You say that, but a lot of people still believe the global economy has rallied too swiftly.
    Economy or markets?
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    (Original post by Chewwy)
    oh. i was hoping for some time in the next 2 days.
    How much did you lose/are losing?

    I sold out of my long positions at midday so I'm hoping for a dip now...
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    (Original post by Teenage Pirate)
    Economy or markets?
    Markets. Point still stands (and indeed as its original intention).
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    (Original post by Benh842)
    Markets. Point still stands (and indeed as its original intention).
    Well clearly a lot more people don't think its rallied too quickly

    I just hope they change their minds this weekend :P
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    (Original post by Quady)
    Well clearly a lot more people don't think its rallied too quickly
    Not clear at all.
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    (Original post by Benh842)
    Not clear at all.
    Well the ones who put their money where their mouth is :P
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    (Original post by Quady)
    Well the ones who put their money where their mouth is :P
    Still not necessarily true.
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    (Original post by Benh842)
    Still not necessarily true.
    explain...

    ok some investors are long term but even they could sell enough to move the market / probably never moved the market in the first place.

    and some have constraints on how much they can trade...

    but..

    explain...
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    (Original post by Teenage Pirate)
    explain...

    ok some investors are long term but even they could sell enough to move the market / probably never moved the market in the first place.

    and some have constraints on how much they can trade...

    but..

    explain...
    I'm guessing they mean people are playing the trend.
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    (Original post by Quady)
    I'm guessing they mean people are playing the trend.
    Yes - you can think the market has rallied too quickly, but still not want to invest against momentum.
 
 
 
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