tag:blogger.com,1999:blog-2335748440449035592.post9084558635433305740..comments2008-10-15T20:49:52.472-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2335748440449035592.post-77486020856839465122008-10-15T20:49:00.000-04:002008-10-15T20:49:00.000-04:00This will be just a wild guess but the next leg down will be true panic selling. Previous selling, in my opinion, has been more about mass liquidation and with the Fed there to backstop things, well you could always count on a bounce to get you out. Now what can the Fed/ Treasury do? There doesn't seem to be much more and if they do something - anything - it will clearly not have much ooomph; recent interventions and the biggest and most desparate interventions all have faded by a several days. So my point is with out the Fed/ Treasury back stop I would look for real panic selling and possibly a bottom after that. Today's action seem to have a real panic feel to it. Just my guess....Guyhttp://www.blogger.com/profile/09198161809721597881noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-8769323991854978562008-10-15T16:33:00.000-04:002008-10-15T16:33:00.000-04:00I found it hilarious that Atticum's comment was in response to your very serious post in regards to the market situation and all, where the fundamentals and everything is clearly out of the window, and Atticum wants to know about shorting opportunity in a particular stock! ;)..Pankajhttp://www.blogger.com/profile/13478816568647309907noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-32197499259510008932008-10-15T16:16:00.000-04:002008-10-15T16:16:00.000-04:00Pankaj, what is the joke? I missed it<BR/><BR/>Atticum,<BR/><BR/>I've never looked at VW other than that one article<BR/>Not sure if it even trades in the US - I believe currently 9 out of 10 days you can throw a dart and be a successful short. But I don't know much about the whole situation - I was just relaying a story about how hedge funds all being on the same side of a trade caused a major dislocation.<BR/><BR/>Whew! what a day.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-82593583064194525902008-10-15T16:05:00.000-04:002008-10-15T16:05:00.000-04:00Atticum... You are hilarious!!Pankajhttp://www.blogger.com/profile/13478816568647309907noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-84525753378397593592008-10-15T16:02:00.000-04:002008-10-15T16:02:00.000-04:00Trader Mark - Do you think Volkswagen warrants a second look? It is in a volatile position with an enormous increase in the last month, a deal that hasnt gone through yet with Porsche, and its relationship with hedge funds. Do you think these are signs of a shorting opportunity?Atticumhttp://www.blogger.com/profile/03885315218129313545noreply@blogger.com