zebbedee Posted December 19, 2010 Report Share Posted December 19, 2010 I'm calling a black monday as I just have a really uneasy feeling about north/south korea, and the effect of the threat to Bank of America from wikileaks (what do they really have on them and others), tomorrow'll be the day it all goes pete tong. Now time to wait and see if I crash and burn Quote Link to post Share on other sites
felix Posted December 19, 2010 Report Share Posted December 19, 2010 Have a good sleep! Your call is too early. Quote Link to post Share on other sites
WageslaveX14 Posted December 19, 2010 Report Share Posted December 19, 2010 I don't think we'll get any dramatic movements this side of New Year. I my (internet-educated, and therefore dubious) opinion, trading volumes will be low, and people wanted to engineer wild movements now would be the time to do it, but they won't. There are loads of timebombs waiting to go off, but they won't go off until all the various hues of bankers are back at their desks after the holidays. Quote Link to post Share on other sites
Xurbia Posted December 19, 2010 Report Share Posted December 19, 2010 (edited) I'm calling a black monday as I just have a really uneasy feeling about north/south korea, and the effect of the threat to Bank of America from wikileaks (what do they really have on them and others), tomorrow'll be the day it all goes pete tong. Now time to wait and see if I crash and burn I've got insider information on Bank of America. A couple of weeks back I closed my account pulling out the last 57 cents. This might well constitute a run on the bank and tip them over the edge. Dreadful bank with terrible service. Edited December 19, 2010 by Xurbia Quote Link to post Share on other sites
tomwatkins Posted December 20, 2010 Report Share Posted December 20, 2010 I've got insider information on Bank of America. A couple of weeks back I closed my account pulling out the last 57 cents. This might well constitute a run on the bank and tip them over the edge. Dreadful bank with terrible service. Unless it's from Ken Lewis's replacement I would take it with the proverbial. If BOA goes so does the US banking system. Won't happen. You think that the Fed will let a huge amount of common folk crash and burn after what they did on Wall Street? This is not a savings and loan or a regional, this is a nationwide bank. Quote Link to post Share on other sites
Tiger Woods? Posted December 20, 2010 Report Share Posted December 20, 2010 I've got insider information on Bank of America. A couple of weeks back I closed my account pulling out the last 57 cents. This might well constitute a run on the bank and tip them over the edge. Dreadful bank with terrible service. That 57cents of yours was probably supporting a loan book of at least $600,000,000. Quote Link to post Share on other sites
ngn Posted December 20, 2010 Report Share Posted December 20, 2010 That 57cents of yours was probably supporting a loan book of at least $600,000,000. LOL Quote Link to post Share on other sites
pl1 Posted December 20, 2010 Report Share Posted December 20, 2010 I don't think we'll get any dramatic movements this side of New Year. I my (internet-educated, and therefore dubious) opinion, trading volumes will be low, and people wanted to engineer wild movements now would be the time to do it, but they won't. There are loads of timebombs waiting to go off, but they won't go off until all the various hues of bankers are back at their desks after the holidays. I was always under the impression that when volumes were lower the markets were more rational? Quote Link to post Share on other sites
brianc_li Posted December 20, 2010 Report Share Posted December 20, 2010 I'm calling a black monday as I just have a really uneasy feeling about north/south korea, and the effect of the threat to Bank of America from wikileaks (what do they really have on them and others), tomorrow'll be the day it all goes pete tong. Now time to wait and see if I crash and burn Your forecast of doom is about as accurate as all the others that have been on here down the years. - Asian markets were slightly down but European ones and US futures are up. - North Korea have announced that they won't react to the South's war games. - No sniff of anything from wikileaks thus far. Those aside you're doing rather well. Quote Link to post Share on other sites
zebbedee Posted December 20, 2010 Author Report Share Posted December 20, 2010 Your forecast of doom is about as accurate as all the others that have been on here down the years. - Asian markets were slightly down but European ones and US futures are up. - North Korea have announced that they won't react to the South's war games. - No sniff of anything from wikileaks thus far. Those aside you're doing rather well. O well, bv33er Quote Link to post Share on other sites
Guest_ringledman_* Posted December 20, 2010 Report Share Posted December 20, 2010 (edited) Now time to wait and see if I crash and burn Yep. You uber bear boys are wrong yet again. Incase you haven't noticed, we are in a multi year bull market. When pessimism exists and 'today must be a Black Monday' talk by joe public, then this is a healthy sign for the markets. Once joe public and the big funds have piled cash into the markets (currently huge outflows from equities and huge inflows into confetti bonds), then we will be in bubble territory. Interest rates are negative by the order of 600-700%. Until these become positive, then the stock market and commodities will be the only place to be. Any chance of the BoE having the balls to make interest rates positive anytime soon? I dont think so. Edited December 20, 2010 by ringledman Quote Link to post Share on other sites
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