Market Meltdown

[The Bear]

	Quote:	Reaver
	Yeah that would have won my vote.

Hey reaver i've been doing some investigating on the types of companies that are involved in the sub prime mess. Can you possibly give me a list or tell me where I can find in more detail, NYSE listed companies that are stuck in this mess? Besides the companies themselves are there supporting companies that get slaughtered too?

I find alot of the subprime companies are small and listed OTC.

That cramer thing is insane. I remember I had the TV on and I heard this distorted screaming coming out of the speaker. The guy looked like he was going to pop a blood vessel. Hillarious.

[cooter]

	Quote:	The Bear
	\ That cramer thing is insane. I remember I had the TV on and I heard this distorted screaming coming out of the speaker. The guy looked like he was going to pop a blood vessel. Hillarious.

Now it's the most viewed video on YouTube this week. Go figure.

[Reaver]

Crap man I don't know off the top of my head, but I believe Countrywide, Washington Mutual, and I think CitiBank or one of their subsidiaries...

And then there was American Home Mortgage (I think that was the name) stock dropped like 50% in one day. ouch.

[walterw]

well he probably had some long positions uhu ? jejeje... he needs to read some threads here at TL and start to take some shorts... thats for shure... jejejej cheers Walter

[Reaver]

yeah something tells me he may have had a couple long positions...

[walterw]

	Quote:	Reaver
	yeah something tells me he may have had a couple long positions...

jejeje... he has to go seriously, but very seriously thru my "false break" trade thread... jjejeje... maybe I should add this donation button on my thread...

[Reaver]

	Quote:	walterw
	jejeje... he has to go seriously, but very seriously thru my "false break" trade thread... jjejeje... maybe I should add this donation button on my thread...

go for it man.

[james_gsx]

You know, Cramer has been around for a long time and he knows a lot of big people and he knows who moves the big money.

Jim Cramer doesn't own any stocks for himself, only his charitable trust. The fact that he blows up like that makes me wonder how right he may be. Sure he is emotional, but he has a lot of inside connections that none of us have. He probably lost money, but the amount of money he manages in his charitable trust doesn't even compare to his hedge fund. But whatever, if you don't like him and want to look down on him that's fine. But I have to agree with him that there is a huge problem on the horizon.

[Reaver]

This problem has been on the horizon for a few years now....time to pay the piper...

I think it's gonna get ugly. If I didn't already have a house.....I'd look to buy one when the foreclosures go even further and the housing market finally crashes....Houses are popping up for sale left and right in Pensacola, it's nuts....

Even if rates skyrocket, just refinance after the storm and be glad you got a great deal on a house......

I don't think this thing has even begun to reach critical mass.

[torero]

Well, Cramer may have something there since European Central Bank decided to inject a few billion euros of cash into the economy, unprecedented. Not sure if they're over-concerned unlike the Fed, but something to think about.

http://www.ft.com/cms/s/3d97cc30-472...0779fd2ac.html