Striper Talk Striped Bass Fishing, Surfcasting, Boating - shaping up to be another lousy day in the markets

Striper Talk Striped Bass Fishing, Surfcasting, Boating (http://www.striped-bass.com/Stripertalk/index.php)

- The Scuppers (http://www.striped-bass.com/Stripertalk/forumdisplay.php?f=22)

- - shaping up to be another lousy day in the markets (http://www.striped-bass.com/Stripertalk/showthread.php?t=44766)

fishpoopoo

11-05-2007 08:38 AM

shaping up to be another lousy day in the markets

good lord, S&P futures down 20 and the dow futures down 130 at 8:40 Monday morn.

at least the weekend togging was good. :laugha:

fishpoopoo

11-05-2007 09:19 AM

ah, i think it's the fact that Citigroup is writing down ANOTHER $11 billion in sub-prime mortgage loans. And the CEO resigned. :doh:

Stay away from financial stocks for the time being. :spidey:

decksweeper

11-05-2007 10:06 AM

We're only at the beginning of the sub-prime disaster. The news is clearly out, but the worst of the loans are still under the radar...

striperman36

11-05-2007 10:31 AM

Think short!!

fishpoopoo

11-05-2007 10:42 AM

Quote:

Originally Posted by striperman36 (Post 537164)

Think short!!

at the beach, that's all i've been catching. :jester:

Fishpart

11-05-2007 12:18 PM

At least when the Citigroup CEO leaves he will take a severance several time more than what most of us will make in our lifetimes.

Then he will go make another comepanies shareholders poor..

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