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IBDvalueinvestin (99.67)

Computer Bots at it again. DJIA falls 50 pts in seconds.

Recs

5

May 07, 2010 – Comments (10)

Jesus Christ fix it already.

10 Comments – Post Your Own

#1) On May 07, 2010 at 3:09 PM, brickcityman (< 20) wrote:

Wait, I thought bears were to blame when you have a 50 pt dip... You guys really need to get your story straight...

 

Or maybe... (and I'm spitballing here)... The market is overvalued and more than a few people are starting to worry that their long positions are going to get wiped out.

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#2) On May 07, 2010 at 3:12 PM, IBDvalueinvestin (99.67) wrote:

Brick its not funny to make jokes when people are losing real money. Don't you have any guilt?

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#3) On May 07, 2010 at 3:19 PM, davejh23 (< 20) wrote:

Who says it was ever "real" money?

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#4) On May 07, 2010 at 3:22 PM, zCreator (95.06) wrote:

The thing that really bothers the hell out of me is that those idiots on wall street who tell us that their computers made some erroneous mistake are bold enough to retract trades from yesterday made by THEIR trading computers. It's like if the big boys make a mistake it's okay to cancel executed trades but for the layman it's not.

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#5) On May 07, 2010 at 3:25 PM, IIcx (< 20) wrote:

odd thing is, it happened at the same time of day - between 2:40-3pm ET?

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#6) On May 07, 2010 at 3:40 PM, brickcityman (< 20) wrote:

touchy touchy IBD...

 

Did you have as much compassion for the "bears" who got routed when the markets made equally insane upwards moves based on practically nothing?

 

An no, I do not have any guilt because I am not doing anything wrong.  I've made my own decisions and have been mostly unfazed by the past few days.   What money I've lost in some long holdings has been compensated for by rises in other. 

 

Why do you have some guilt?  Did you convince a bunch of people to put alot of money in the market recently?  ... if so I could understand feeling guilty.

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#7) On May 07, 2010 at 4:10 PM, outoffocus (23.22) wrote:

Wow... the bears are showing teeth this week.

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#8) On May 07, 2010 at 4:12 PM, goldminingXpert (29.50) wrote:

I'm making real money back that you bulls stole by lying incessantly about the "health" of the "economic recovery." Hope you enjoy the bitter taste I've been living with for a year.

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#9) On May 07, 2010 at 4:13 PM, IBDvalueinvestin (99.67) wrote:

The bears are acting like a freight train and I would never step in front of a train so I will wait till the train has passed before I cross the tracks.

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#10) On May 07, 2010 at 4:13 PM, goldminingXpert (29.50) wrote:

I'm making real money back that you bulls stole by lying incessantly about the "health" of the "economic recovery." Hope you enjoy the bitter taste I've been living with for a year.

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