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The Bear Stearns Companies Inc. |
I believe we've been in a recession for several months now. It's only
now that most people are beginning to accept it. A few more weeks and
it will be officially announced. By then, we should be at or near a
bottom.
arsh, sorry for the loss. I don't think you should be too quick to
cut your losses, as most people quickly suggest. You don't lose money
until you sell. Hold off until the financials rally again.
> Everyone with half a brain knows that the US is heading to a
> recession. Sadly not everyone here has half a brain if you base it on
> who's reporting the news in TV here. LOL
> big...@gmail.com wrote:
> > The people colluding are the people keeping this dead market up. The
> > Dow should be a lot lower than current levels. As usual America is
> > using ignorance as it's primary weapon. The rest of the world knows
> > the US is headed for a recession. They are staring at your house
> > watching it burn down while you sit inside saying it is not on fire.
> > At the end of the day if you are long on financials your opinion is
> > worthless. Financials are screwed. You are trying to catch 10 falling
> > knives. You have no credibility.
> > bis...@gmail.com wrote:
> > > DO YOU KNOW WHAT THIS PROVES? As things changes, laws need to change.
> > > You CANT YELL FIRE IN A CROWDED MOVIE THEATER AND CAUSE PEOPLE TO GET
> > > TRAMPLED TO DEATH. Freedom of Speech does not cover that. Some moral-
> > > deficient shorted this stock and then colluded with a few others to
> > > get it to tank. The paper trail will be found, the FBI will get
> > > involved and they WILL BE BROUGHT TO JUSTICE AND SENT TO JAIL.
> > > This proves nothing new. GO TO ANY BANK IN ANY COUNTRY. IF EVERY
> > > DEPOSIT HOLDER SHOWS UP ON THE SAME DAY AND WANTS THEIR MONEY BACK, IT
> > > ISN'T POSSIBLE. This was a disaster.
> > > I've been with Fidelity Investments for 12 years, and ONLY THEM except
> > > for a checking account with NCNB which later became Bank of America. I
> > > consider my duty as an American to not act like an idiot. I don't
> > > smoke, i won't own stock in tobacco companies. I am gonna take 1/10th
> > > of my net worth ($40K) and put it in Bear Stearns on Monday.
> > > Some person yelled fire in a theater, I AM GOING TO STAND ON MY SEAT
> > > AND SCREAM AT THE TOP OF MY LUNGS: THERE IS NO FIRE, STAY CALM.
> > > EVERYONE STAY CALM. I guess it's easy for me to say because the first
> > > $100K is protected right? If it isn't then I cannot say i would be so
> > > brave. HOWEVER....if the first 100K is protected then i would like to
> > > see 10,000 or 100,000 people put 40K or 50K or whatever into this
> > > company.....JP Morgan wouldn't even have time to rifle through their
> > > books.
> > > IF ALL AMERICANS DID THIS ON MONDAY MORNING, THE PROBLEM WOULD BE
> > > SOLVED BY LUNCH!!!! WHAT A MESSAGE, WHAT A SHOW OF UNITY........WHAT
> > > AN EXAMPLE TO SET TO THE WORLD! Of course all of this big talk is
> > > based on the idea that the first 100K of deposits are protected.
> > > I am sickened at how some short-selling conman floated a rumor and
> > > brought down this company.....GRANTED the rumor worked because of
> > > their weakened status due to sub-prime mistakes.....
> > > Comments?