STOCK MARKET: Let's talk stocks and investing

I thought this was kinda interesting in a "sky is falling" kind of way.

[rquoter]

JP Morgan: Fed will cut funds rate to zero

CHICAGO, Nov 20 (Reuters) - JP Morgan now looks for the Federal Open Market Committee to slash the rate to zero by January. Economist Michael Feroli said in a research note:

• "We now look for a 50 bps cut in the target fed funds rate at the Dec 16 meeting, followed by an additional 50 bps cut at the January 28 meeting."
  
  
• "The Fed then continues to conduct a zero interest-rate policy (ZIRP) for the remainder of 2009."
  
  
• "Deflation becomes more likely in an environment where labor market slack is building, and ongoing financial tightening is delaying the prospect that slack begins to get worked down."
  
  
• "Taking the target rate to 0 percent would not be costless for the Fed. One concern that has been voiced in the past relates to the effect on money market mutual funds. We do not think this cost is enough to constrain the Fed."
  
  
• "We don't believe going to ZIRP implies that the Fed cannot do more."

[/rquoter]

 

Deflation isn't coming. It's HERE.

 

I guess it's cruelly fitting that the me-first generation will finish off their days with around the same conditions they inherited the world. Even if the market doesn't fall further, the lack of recovery for several years will be demoralizing.

Time to reap the whirlwind.

 

Now: Holy crap the world is coming to an end! We'll never make it back! NOOOOO!

2 years from now: Why the heck didn't I buy in at 7500?!?!?! NOOOOO!

 

it will go lower. don't worry.

 

Seriously they should just make it negative. You get paid to borrow money.

 

I think in 2 years it is higher than here.

 

Likely some investors throwing in the towel on Friday versus bargain shoppers.

Probably wild swings back and forth with the close being up in the air, but <b>at best</b> up slightly.

 

Not everybody will have the <i>stomach</i> to hold on for those two years.

 

Damn all of you people who trade short term, who are shorting stocks all day right now, or who buy those stupid Proshare ETFs.


You guys are pushing the market to free fall during the last 30-45 minutes.

 

It's technically negative when you take inflation into account.

 

DOW futures up 200+, S&P futures up 20+ as I type... getting ready to go to bed and await the next roller coaster ride.

C is possibly looking for a merger. Charlie Gasparino on CNBC has been saying they're looking to do "something" quick - "like within days". Interesting stuff.

 

Watch SPX levels 775 and 803 again ... we could get our reversal today after all.

However, if we don't, there's still plenty of air underneath.

 

I'm seeing positive momentum divergence on the SPX 10 minute chart on the last drop. That is usually a bullish sign, but I'll believe it when I see it.

 

Did I miss the rally?

 

The rally ended at about 9:42 AM EST.

 

Citigroup is done. Look for them to either merge with someone this weekend, sell significant assets to someone, or be nationalized.

With their stock price below $5, institutions will have to sell the stock.

Good job Vikram

 

Going short. It's good to be a bear again.

 

OK, gurus, is it going to go up 500 points at the end? What are the big guys going to do?