Quote:
Originally posted by triumph
Myself and millions of investors lost alot of money in the Stock Market today because of the terrorist attack. FUCKING morons are fucking up the world, when will this shit end.
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Do not blame this on the terrorist attack. I started shorting the QQQ's like a mother fucker on Monday. DIAmonds are already taking a beating, and will continue to do so. People will use the terrorist attack as an excuse for today, but what about for the 3 days prior? I did not see any terrorist attacks on Tues or Wed.
This is a macro issue that needs to happen. I will not be happy until there is blood in the streets (figure of speech) and the sight of blue trader's coats flying out of the windows onto Wall and Broad.
This is merely a good start, much more needs to happen.
The dollar needs to completely implode ($1.50 to 1 Euro), gold needs to hit $600 an oz, and silver at $10.
The markets have been run up too high and did not completely correct from the 1999/2000 levels. Nasdaq should have gone to the 800 range and the Dow should have hit around 4000. This is merely delaying the pain of the inevitable. People will not learn as shown by the VIX levels, and need to be taught and even more painful lesson than those given over the last few years.
The US govt continues to pump out currency, lose jobs, and export its sovereignty outside of its borders. As long as this is tolerated, there should be no good days.
-dd