What happened to the big crash?? [Newbie] - MarketTicker Forums


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Thedeb Posts: 634 Incept: 2007-08-19 USA	I stopped trading about 2 years ago - too bad I didn't do a big dump prior to stopping - my screen is so red - either way at that point I and so many others expected a big crash - what happened?? I thought the DOW would go down to 4,000 how wrong I was!! 2010-11-17 00:08:12 Permalink
Kylafoon Posts: 2455 Incept: 2009-02-05 Zombie Portal Lookout	Wtf? You been in a coma or sumpin'? ---------- "...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910 "I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works." - Alan Greenspan, October 2008 2010-11-17 00:09:46 Permalink
Thedeb Posts: 634 Incept: 2007-08-19 USA	Got pulled away - had baby #3 - my mom got sick and passed away it's just been crazy. Life! So as far as trading yes I've been in a coma :) 2010-11-17 00:14:10 Permalink
Icanhasbailout Posts: 9939 Incept: 2009-03-10 Imaginationland	Don't feel bad about missing the non-crash, if anyone two years ago had said that Bernanke/Geithner/Congress would do what they have done since, that they would put all the chips on the table, industrialize/legalize fraud, etc. etc. just to keep the merry-go-round going a little bit longer, we would have called them insane. Yet here we are! ---------- 2010-11-17 02:37:36 Permalink
Hogman Posts: 7874 Incept: 2008-02-18 Derby City, USA	.gov has put it off until another day EDIT Jeremy explains it http://market-ticker.org/cgi-ticker/akcs.... Last modified: 2010-11-17 05:16:33 by hogman 2010-11-17 05:14:57 Permalink
Kylafoon Posts: 2455 Incept: 2009-02-05 Zombie Portal Lookout	thedeb, Sorry about your Mom. Mine passed away about five years ago. I still occasionally find myself reaching for the phone to give her a call. Hogman has it explained. The .gov gave free money to the TBTF Bankster Butt-Buddies and they ran into the casino with wild, drunken abandon. Not trading this market for the last two years was a blessing.. ---------- "...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910 "I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works." - Alan Greenspan, October 2008 2010-11-17 06:27:06 Permalink
Patmcgroin Posts: 8215 Incept: 2007-09-12 Chicago	It turned into a buy opportunity. ---------- "I know a few arcane, obscure financial acronyms that the general public doesn't know and that's about it." 2010-11-17 08:10:26 Permalink
Alex Posts: 2439 Incept: 2007-08-03	Babies and bathwater. DYOR. ---------- "The soft patch does not occur in year 2. This is a completely abnormal economic condition � all the more so in the context of the massive and ongoing fiscal and monetary stimulus." �Rosenberg 2010-11-17 08:20:01 Permalink
Thedeb Posts: 634 Incept: 2007-08-19 USA	Crazy! Kylafoo, thank you - my mom passed away a few months ago - I guess wanting to pick up the phone won't go away any time soon. Thanks for your kind words. Not trading for the last 2 years would have been a blessing if I wasn't left with the etf's I bought. If I only would have stayed out. "IF" the biggest word in the dictionary. Now just trying to figure a way to get out with a little less loss :) Sounds like the poop will still hit the fan -- just making the bubble a bit bigger and the noise from the bust a bit louder. What a shame. What a mess. 2010-11-17 08:23:43 Permalink