Kinja Rules

Fundamental Valuation: How Low Could We Go?

InviticusRose~Thank You, you are a Good Sport! I am too. Agree w/the board posting relevance...Your take on the DD of most people is Sad, but True.

This isn't even a mkt to short right now on the ETF's! As you said: "Betting Against All the Central Bankers." Don't fight the FED. This Worries Me. If the shorts are reluctant to short in a Real Bear Mkt this somewhat alarming. It will make Rally's that much harder to achieve. I really wish they would halt all Global Mkt's until they have some of this in perspective. The perception may be much worse than the reality, or Unwinding these things behind the ticker may be much better for all. I still disagree about the "Plan," a total system failure would have caused more pain/chaos on Main St. There is a logical reason to call Time Out.

The catch the falling knife crowd are picking up a bit in the buying but the Margin Calls are still coming as well as distributions. What part of: The Charts have fallen apart for now & the ViX is hitting New Highs doesn't hit home?

If the Global Mkt's were closed short term, this would give the Counter Parties time to settle. The Wealth Destruction does not need to continue if this was done. I was Very Successful this time about getting most out early. Yet, the ambivelant or chronic traders were caught. Some in my sphere have taken death blows. Yet many others are sitting in cash, CD's & Gold.

I would short, if this Crash was not so un-precidented. That Logic would dictate a closure of the mkt's until they can sort this out...In closing, your conclusion about the mishandling, etc...Of Everything is Sadly Correct as well.

IF we had to implode, I wish it would have happened in the middle of an Administration rather than the end of one. There is no possible future call @ this time, as we have no clue how the next Administration is going to continue this process.