Wild Market: Sign of a Major Hedge Fund Blowup?

Unfortunately, the drowning victims are just the average guy that lets his boss take 35 bucks a week out of his pay for the last 20 years to put in a 401k. He put it there because banks stopped paying interest that even matched inflation. Those "investors" will now bear the brunt of the greedy and the fund managers put under pressure to make the figures appear better. It was not difficult to see this coming especially when the market hit 14000. We ( the US) are not producing anything but credit. Perhaps if we decide to procuce hard goods, the excess inventory in a recession will be more valuable than some credit application in foreclosure.

The entire world is in the tank. Let's face it - This is the NEW World Order- brought about bya financial debacle. Rising tides lift all boats. Conversely The tide has just gone out and all boats are now beached!! Good Luck with the apple sales.

I feel sorry for the retirement crowd whose financial advisors put all their money in the stock market thru mutual funds i.e. Morgan Stanley/Dean Witter....

Greenspan (God in the financial world) dares to say the M Word (MISTAKE!). And what happens? He, along with the credit regulators, hedge funds and all the rest keep going. And NOBODY's been arrested! Yeah, Waxman has show hearings because Pelosi wants it look good just before the election. But NOTHING is going to happen. Do you realize I get all of my accurate market information from overseas? Here, many of the "standard" sources (CNBC, WSJ, etc.) are too busy playing the We Must Stop Obama the Scary Black Socialist Guy Before It's Too Late. How much more f****d up can this get?

A great buying opportunity that comes only once in a lifetime (maybe twice). In 1987 I was young and broke swore I would be ready for the next one.

Just another correction on the over inflated market. It started with realestate, but I believe that stocks, realestate and the entire market has been over rated and over priced. Maybe when this market has leveled out we will see a where everything should really be at. Also, we need to live with in our means, and maybe that does not mean 2 new cars with payments in the driveway of a $300,000 home. These are wants they are not needs. BIG DIFFERENCE AND THE PEOPLE WHO WERE SMART ENOUGH NOT TO BUY INTO ALL OF THIS OVER BLOWN KEEPING UP WITH THE JONES FAMILY WILL ALL BE BETTER OFF. If you did start paying off your debt, it will help your family.

There is nothing wrong with the market. In fact, it is finally reflecting REAL money. The entire world was running on borrowed money. ALL earnings for the last 10 years was based on borrowed money. Now, when all is said and done and the market settles down to the 5000 range, it will be once again starting to reflect real money. Heck, I hope it is the 5000 level and not lower. So all this talk about losses in the stock market, truly are not losses. They were gains built on nothing but borrowed money, now that borrowed money is being wrung out of the system ...

If you look at where the Dow closed on 10/1/1928, it was 252.2. On 10/1/1985 it was 1,341. That is 57 years and an average gain of 8% per year. If you run that out then on 10/1/2008, the DOW should have been 1,513. Unless you feel that the runup from 10/2/1995 at 4,761 to 10/1/2007 at 14,087 or a growth of 195% over 12 years makes perfect sense. I think the Dow should go to 2,000 to make things right again.

Horrible

In times of despair, party and party often (preferably naked)!

In the 1980's the experts said we did not need manufacturing jobs in an information economy, so the manufacturing jobs went overseas to slave labor. In the 1990's the experts said we did not need information jobs in a service economy, so the information jobs went overseas to slave labor. In the first decade of the 21st century the experts said we did not need service jobs in a finance economy so the service jobs went overseas to slave labor, or the slave labor simply came here illegally. Then in 2008 the finance economy collapsed because from day one the experts were simply fools paid by the architects of the greatest swindle in history to strip mine the functional US economy by bribing elected officials and trotting 'professors' with 'theories' in front of cameras to discuss 'globalization'. Now there are nothing but printing presses frantically printing money.

How much tax payer money was lost in the market this week by the Fed gambling in the market?

This is nothing more than double and triple counting of securities and assets... The credit derivative markets alone are valued at 1.3 trillion this is roughly equal to the WORLDS GDP.... how is this possible? Through bad counting and the same assets appearing on everyones books....

Greed, Gread , anyway you spell it. These are the same people who said playing in a local $35 card game was gambling. They said IRA's are dumb. They said renting a home was dumb. Well all you smart people, I still have my retirement money.

This is nothing more than double and triple counting of securities and assets... The credit derivative markets alone are valued at 1.3 trillion this is roughly equal to the WORLDS GDP.... how is this possible? Through bad counting and the same assets appearing on everyones books....

I always hated hedge funds hated these gurus who said we need to make20% for our endowmnet(college) screw Mr common man...we are the big boys a lot of people are DONE with the market..thus that alone will have some effect on equity prices those waiting for a bottom today or Monday are wasting your time and any low will be retested so if we have a big bounce sell sell sell Paulson has 500 million as he walks awy from Goldman Sachs..he had to have had a hand in this mess..justlucky he got out when he did/and he is running the show now..the inmates are running the asylum!!!!!!! poor Obama...people will expect so much from him and it is not deliverable jobs being lost by the tens of thousands New York State in one big hurt due to loss of state tax revenues from Wall Stret as 200000 people on the Street go unemployed people have no clue!!!!!!!!!still oh and thank you Bob Brinker for making me aware of this..telling me in 2009 we will be in the SP 1600's

Blow up all the hedge funds..They are the real ah's who caused the market to pump and dump. I will be happy if they all file for bankrupcy.

I can't cry for the damn hedge fund manipulators. They have made obscene profits by screwing up the market. The ones that need to go to jail are the scum bags that were the honchos of Lehman Bros., Merrill Lynch etc.

Greed, Gread , anyway you spell it. These are the same people who said playing in a local $35 card game was gambling. They said IRA's are dumb. They said renting a home was dumb. Well all you smart people, I still have my retirement money.

I was really PO'd when I read that Banks are using the TARP money to buy other Banks, that money was presented to go to Main Street to Slow Foreclosures. What we need to do is vote out every incumbent this election and punish the greedy bastards who've got us in this mess. If they broke the law let's put'em in jail.