Global Meltdown is Over. Now is time to make Money., page 4
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ATS Members have flagged this thread 16 times


reply posted on 11-3-2009 @ 04:09 PM by Sabre1
Originally posted by rattan1
The Economic Meltdown is over….. Time to make some money. The announcement made by Citigroup and the way the market has reacted has marked the End of the Economic Meltdown.
Stop listening to all those Doom and Gloom People and cease the opportunity in front of you to make some Money. How many doom and gloom predictions made here on ATS ever came true and why should it be different for this one?
The rapidity with which the stock market will recover will stun many. Share prices are still at a bargain so just buy as much as you can and watch it all grow and make huge capital gains.

Don’t waste your money stockpiling on Food and ammunition…the dream of doom is not going to come true for some here. Citigroup announcement is just the beginning and many more will come.

For all those that don’t believe me will only see everything unfold before them and curse themselves for all the missed opportunity.

So people please forget about all the Doom thing( will never ever happen) and cease the opportunity NOW.


Apparently, you probably haven't taken a look a Gerald Celente at trends research... Citigroup is trying to cover-up their losses.

In my town, we have a citibank and some of the eating places that take checks have stopped doing business with citibank.

Bad News- This is going deeper and you haven't seen nothing yet!
Good News- I have no doubt on that we will survive martial law and defeat, destroy, and replace the New World Order with a government that takes the U.S. Constitution and makes it do "weight-training" to make it even more powerful to the point that corporate interests can't override it unless the citizens really want it. Besides, we have Chuck Norris!


reply posted on 11-3-2009 @ 05:00 PM by tide88
Originally posted by Not Authorized
reply to
post by tide88



Uptick rule does absolutely nothing as it won't prevent the market from declining. You buy yourself maybe a few seconds time in a computerized world with high volume stock. A minute or two for low volume stock.

If you ever watched a live ticker (not yahoo or charts), you'll see orders scrolling up/down ticks -- especially for stock having high volume. I've counted at least 20 upticks/downticks the past minute with C from 1.49 to 1.50 alone.

Shorting isn't the problem. Financial stocks dropped plenty with short selling banned on them. What drives down prices is when there is no bid for that price. There's no fix for that other than people investing their money.

It's just more fluff trying to instill confidence in a market that has no confidence -- and why should they? The real confidence (ie, the company is actually WORTH that much without financial games) has not been addressed.


Maybe it wouldnt be much difference for the average investor but it would prevent hedge funds from pushing the stocks down by shorting, shorting, and shorting the stock again.
The uptick rule was in place to stabilize the marketplace, its job to keep the market from going into a downward, out of control spiral. It was also designed to prevent unscrupulous hedge fund guys from “pushing” the stock down by shorting, shorting, and shorting again. The uptick rule played an important role in warding off volatility in the financial markets.

Then everything changed when the SEC decided to throw the uptick rule out the window. On July 6, 2007 the uptick rule went by the wayside. Since then we have seen more volatility in the stock market. The average point spread between the S&P 500’s daily high and low was 11.12 points in 2006 and 17.29 points in 2007. The point spread was 33.13 for the first month of 2008 alone


I think it would of helped the financial stocks quite a bit. uptick rule leveling playing field


reply posted on 11-3-2009 @ 05:06 PM by downtown436
reply to post by guinnessford



No, I believed you, I just thought it was really funny to mention it at this time. I was actually at a carnival where one of the cages flew off of the "zipper" killing one occupant, and severly maiming the other.



reply posted on 11-3-2009 @ 05:20 PM by pavil
reply to post by rattan1




My my, you are pretty optimistic for a one day rally.

There is NO indication that we are in the starting stages of a prolonged recovery, NONE. For a rally to happen there must be solid indications that things have bottomed or at least slowed their descent. All it would take is for GM to declare bankruptcy and your so called "rally" is just a big breath before a cliff dive. The amount of people on the bubble with their jobs and houses are still growing, not shrinking and lending is never going to go back to the way it was, so spending will never be at the levels we have previously seen. The markets haven't corrected themselves to appropriate levels and the government manipulation of this correction isn't helping matters. The stimulus package is not the answer, it's more spending (DEBT), without enough immediate job creation and will be piggybacked by more taxes just as a recovery starts in out 9-16 months. Ask yourself this question: How much Money will the stimuls Bill actually bring to your Family? Really, you should try this.

We are in for a long, tough road ahead. Unless for a war or a major technology breakthrough, things are going to immediately change for the better.

And that's without talking about all the Credit Default Swaps and Derivatives........ those will just make your head hurt.

Sorry to be the bubble burster.


reply posted on 11-3-2009 @ 07:33 PM by branty
reply to post by rattan1



if your gonna use the stock market as a measurement of turnaround. The stock market usually has priced in future growth or loss of about 6 to 8 months ahead. So if you are right and the turnaround has occurred in the stock market, theres still 6 to 8 months ahead before the economy catches up.



reply posted on 11-3-2009 @ 08:02 PM by rattan1
reply to post by branty



Yes you are right there, it might take even a year for the economy to recover.
It is still going to be a bumpy ride.


reply posted on 11-3-2009 @ 08:13 PM by badkarma90
reply to post by rattan1



Who's waiting for a meltdown? You know all that money made in the last 10 years? IT'S GONE!

Apart from your disregard of apparently everything that has been going on in the past year, I do have to say kudos for being so optimistic.
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