Added: Nov 22, 2008

From: AirelonTrading

Duration: 9:57

My Daily Blog is at: http://investorandtrader.blogspot.com/My channel at BlogTV is: http://www.blogtv.com/People/AirelonDo you hear that sound? That's the sound of a rate cut that has been completely, and utterly wasted. All Central Banks have cut the rate. Just one hour later? The market has completely discounted that move, and continues to move lower in premarket.Don't pull this band-aid off slowly. We've reached a point where the pain needs to be sudden, and sharp ...NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc

Channel: Education

Tags: airelon  crash  credit  deflation  depression  economiccrisis  howto  inflation  investing  libor  recession  stockmarket  trading 

Rating: 4.56 (9 ratings)    Views: 499    Comments: 22

patriotsundergod Says:

Nov 22, 2008 - Thank you for posting!

Henkera Says:

Nov 22, 2008 - The ones that wants the market to crash know the banks cant avoid it by cuting rates or the government by creating rescue plans. Its about robing the main street of their money without taking the blame of deliberately doing so. The bankowners is just puppets. The government a facade.

AirelonTrading Says:

Nov 22, 2008 - Main street is more than welcome to invest intelligently, and wait for the 'crushing' as well.It's not a good system. But * * anyone * * can have the wealth. Just a matter of knowing 'the rules' of the game.Buy low.Sell high.Know the players

Henkera Says:

Nov 22, 2008 - For a handfull of people that is possible yes. A lot of distractions takes that possibility away from them. Somehow i like it, becouse its really the survival of the most cynical.

AirelonTrading Says:

Nov 22, 2008 - "Survival of the most cynical"I really like that. I hope you don't mind if I borrow that. I'll try to give ya credit for that one. But I like it. Survival of the most cynical. Very true as well.

9secondsflat Says:

Nov 22, 2008 - having spent the past 10 years owning a title and mortgage company i can say people pissed away their wealth...the past 5 years growth was phantom income...bigger fool theory..bidding wars on houses not worth what someone was willing to pay or an appraiser was willing to write down.

9secondsflat Says:

Nov 22, 2008 - i watched companies like litton, aegis offer 115% to 125 % helocs...this is responsible lending practices??? this market is going lower, peoples weath is gone, credit cards are tapped....kiss companies like harley good by..no more helocs to buy hogs..

Henkera Says:

Nov 22, 2008 - Go right ahead.

VivaMydick Says:

Nov 22, 2008 - for how long will they be able to prolong the pain ?

VivaMydick Says:

Nov 22, 2008 - not just that , another thing is that there is no end to bad news . we will have bad news .Derivatives baby boomers unemployment more wars uncontrollable governmental spending sky high health care and dental costs we need radical changes to save this country revolutionary changes .

TheCZMan Says:

Nov 22, 2008 - "A lot of distractions takes that possibility away from them. "Distractions have nothing to do with that.Market places are competitive places.If you do as well by allocating five hours per week as people who allocate 80 hours per week, then you should drop your current job to apply for a full time job in the sector.Just a fallacy to claim that in a competitive sector you can do as well as people who are full time dedicated to that competitive sector.

Henkera Says:

Nov 22, 2008 - Well yes, but i think the average stockholder is dumbed down and missinformed by corrupt media. There is forces in work that want us to be as confused as possible. Only the most cynical and diciplined can resist.

chena3 Says:

Nov 22, 2008 - glass blower in alaska 12 bailout bowls today ..zero debt...debt is slavery live free or die ..peace out ..peoples

cowboycarl04 Says:

Nov 22, 2008 - If we paid back all our debt (all americans), no money would exist.We have made an economy where money is debt and debt is money.I agree. Those debt free and away from it live free and the rest are in slavery of some form.But some play the game and win...

MrFredGSanford Says:

Nov 22, 2008 - Can you kindly explain the Dow futures to us along with its importance? Google yielded pages and pages of data that was irrelevant to my search. I understand futures with respect to stock options since I trade them but I know nothing about Dow futures and its importance. I see many references to the Dow futures from traders/investors but I don't know anything about its importance and how to read the data. Thanks! :-)

woodenfootspa Says:

Nov 22, 2008 - No one is bigger than the market. Not even the FED

TheCZMan Says:

Nov 22, 2008 - Henkera said"Well yes, but i think the average stockholder is dumbed down and missinformed by corrupt media. There is forces in work that want us to be as confused as possible. Only the most cynical and diciplined can resist. "Well the forces in work are already identified.See the rules:Buy low, sell high, know the players.For this to be possible, you need people who buy high, sell low and dont know the players.

TheCZMan Says:

Nov 22, 2008 - Now the media are simply playing by these rules.People mistake a media star as being a friend because they invite him in their living room on a regular basis through their TV set.This media star call "buy, buy" when it is high and "sell, sell" when it is low.Media star is playing by the rules: he needs people to buy high so he can sell high, he needs people to sell low so he can buy low.It is part of the competition.Nothing unexpected here.

TheCZMan Says:

Nov 22, 2008 - I posted my answer without clicking on the answer link so it is disconnected from this comment. My answer is the vid comment section in two parts. I dont agree with the media being corrupt, they simply play by the rules.

AirelonTrading Says:

Nov 22, 2008 - No problem mate. Real briefly, the DOW mini futures contract trades overnight, and is electronic (a futures contract that would deliver X number of shares of each stock on the DOW Jones).So what you see on the DOW futures? Is reaction to the emotion of overnight (many times, what's going on in Asia), or a convex reaction to what occured during the previous day. As you approach the open, we see whether the market is going to accept that emotion as justified.

timothwc Says:

Nov 22, 2008 - The reason why the financial elite try to keep the bubble alive is because if the asset bubble pops, then assets will be affordable to ALL. The elite obviously don't want this type of fairness to happen. The people caught between the crossfire between the haves and havenots also provide cover for the elite, namely the middle class, pensioners and indebted people, all whose livelihood depend on unsustainable asset prices

TheCZMan Says:

Nov 22, 2008 - Well, sounds weird. Because if I read you well, you are saying that material satisfaction is fought against by the "elites" while still putting into the equation the have nots. For me, the "elite" is fighting for maintaining a middle class, on the thesis you included: they are a rampart between the "elites" and the destitute.I can see how the ranks of the havenots swelling and swelling could be a threat to the haves, I dont see how their ranks going thinner could be a danger.