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No Alarms and No Surprises Please

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October 06, 2008 – Comments (1)

No alarms and no surprises
Silent

Radiohead

No Fool should be surprised at the carnage today. A well read Fool knew what was coming. You do not need to call your mom or your broker or your brother in law second cousin, when you can log on to CAPS and see what the Top Fools are saying.

Lets review:

SPECBEAR

Mission Accomplished

October 03, 2008 – Comments (8) |

Monday, September 29, 2008: Bailout bill voted down in the House
S&P 500 close: 1106.39

Friday, October 3, 2008: Bailout bill passed, signed into law
S&P 500 close: 1099.23

Like I said before, the crash will happen regardless of whether the bailout happens.  

3) On October 03, 2008 at 8:19 PM, AresFinancial (99.67) wrote:

I am the #2 with 7,876.82 points. I am expecting a crash and possible panic. I hope I am worng. I really hope it is avoided. 

dwot a Top five CAP player she has taken her money out of the market.

I am leveraged short. 

October 03, 2008 at 8:21 PM, goldminingXpert (99.98) wrote:

I own a lot of puts. I'm #14.

Four of the top ten bloggers are bearish. The number one and number two players are bearish. I have been bearish for a year. I am a Top Blogger, an AllStar, and Top Pitch writer.

It should have been an easy read at what the likely direction of this market was. SPECBEAR, DWOT, alstry and I are almost all RED THUMBS.

My holdings are shown with $ and I usually write a pitch to explain my positions. My point, YOU DO NOT HAVE TO LOOSE MONEY IN A DOWN MARKET. You just have to access, who and what makes sense and who is right.

Is it that hard here at Fool? SPECBEAR has been # 1 or 2 almost the entire year, Dwot has been top 10-20 and is an active poster. astry and I post regularly on bearish points....

I understand hindsight is 20/20....

1 Comments – Post Your Own

#1) On October 06, 2008 at 4:02 PM, Gemini846 (83.59) wrote:

Only "short" positions I've been able to reliably get into are short EFTs. Tech has been especially good IRL and in caps. It should give me a 100+ charm today.

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