• 27 Oct 2008 at 9:24 AM

Dealbreaker Contest: No Rest For The Wicked

By Equity Private

More bloodbaths in Asia? Check. (25 year lows in Japan would have been amusing just a pair of decades ago, you know). Moderate to heavy bloodletting in Europe? Check. It is poised to be another slap in the face of an opening, that is, if you think such things, and the index futures markets, have predictive value. Then again, index futures are rallying after having cratered to 825 around o’dark-thirty this morning, adding fuel to the “It’s Different This TimeTM” crowd.
So who should we root for? A massive rally to end this downturn nonsense for the last time, and a return to the old-order, where investment banks ruled The Street and Goldman ruled the rulers (according to themselves anyhow). The kind of rally that the pessimists would say just prolonged the inevitable, is that what we want?
A dramatic, tumbling fall, complete with piles of broken ski equipment littering the hill above, drawing a long trail of graphite, injection molded plastic, and margin calls to the scene of the final “thud.” At least this might get it out of the system. No?
So which is it? You know the rules. A switch of index this time. S&P 500 Index at 12:00 noon. Closest without going under wins it. We will call a “no more bets” around 11:30 or so in comments here.
Consider this a warm-up. Our closing edition will include a prize. No, really. A real prize. Stay tuned.

Comments (72)

Newer Comments
  1. 1
    Posted by guest | October 27, 2008 at 9:27 AM

    908

  2. 2
    Posted by guest | October 27, 2008 at 9:27 AM

    CitiSachs?
    http://biz.yahoo.com/ap/081027/goldman_sachs_ahead_of_the_bell.html

  3. 3
    Posted by guest | October 27, 2008 at 9:30 AM

    843

  4. 4
    Posted by guest | October 27, 2008 at 9:30 AM

    881

  5. 5
    Posted by arioch | October 27, 2008 at 9:31 AM

    862.50

  6. 6
    Posted by guest | October 27, 2008 at 9:33 AM

    900

  7. 7
    Posted by guest | October 27, 2008 at 9:33 AM

    855 Dave

  8. 8
    Posted by guest | October 27, 2008 at 9:33 AM

    780

  9. 9
    Posted by guest | October 27, 2008 at 9:34 AM

    863.

  10. 10
    Posted by guest | October 27, 2008 at 9:34 AM

    865

  11. 11
    Posted by Strabo | October 27, 2008 at 9:35 AM

    863.05

  12. 12
    Posted by guest | October 27, 2008 at 9:36 AM

    828.53

  13. 13
    Posted by Thoth | October 27, 2008 at 9:38 AM

    827.5

  14. 14
    Posted by guest | October 27, 2008 at 9:39 AM

    867.5309
    jenny

  15. 15
    Posted by guest | October 27, 2008 at 9:43 AM

    You need to consider that a capitulation might not be in the cards.
    http://online.wsj.com/article/SB122488709542968173.html

  16. 16
    Posted by guest | October 27, 2008 at 9:43 AM

    835.25

  17. 17
    Posted by Riskybusiness | October 27, 2008 at 9:43 AM

    868.25

  18. 18
    Posted by guest | October 27, 2008 at 9:44 AM

    841.88
    posted by Swiss Charlie

  19. 19
    Posted by bittergreen | October 27, 2008 at 9:45 AM

    892.04
    Is the prize that we get the opening bell post, again?

  20. 20
    Posted by guest | October 27, 2008 at 9:45 AM

    862

  21. 21
    Posted by guest | October 27, 2008 at 9:45 AM

    847

  22. 22
    Posted by bittergreen | October 27, 2008 at 9:45 AM

    892.04
    Is the prize that we get the opening bell post, again?

  23. 23
    Posted by guest | October 27, 2008 at 9:45 AM

    869.00
    - NAS Keflavik boi
    Beaver and Broad, son … and bring a baggie for ya teef!!

  24. 24
    Posted by guest | October 27, 2008 at 9:46 AM

    @21 took my answer.
    847.01

  25. 25
    Posted by guest | October 27, 2008 at 9:47 AM

    816

  26. 26
    Posted by Beagle | October 27, 2008 at 9:52 AM

    801

  27. 27
    Posted by legal eagle | October 27, 2008 at 9:53 AM

    852

  28. 28
    Posted by guest | October 27, 2008 at 9:53 AM

    888.88

  29. 29
    Posted by guest | October 27, 2008 at 9:57 AM

    871
    Seabass

  30. 30
    Posted by guest | October 27, 2008 at 9:58 AM

    PI

  31. 31
    Posted by guest | October 27, 2008 at 9:59 AM

    877.50

  32. 32
    Posted by guest | October 27, 2008 at 10:06 AM

    905

  33. 33
    Posted by guest | October 27, 2008 at 10:06 AM

    GoldCiti. George Bush is into that “Yale thing.”

  34. 34
    Posted by guest | October 27, 2008 at 10:07 AM

    905

  35. 35
    Posted by guest | October 27, 2008 at 10:09 AM

    901

  36. 36
    Posted by SOFA KING | October 27, 2008 at 10:09 AM

    882.14

  37. 37
    Posted by guest | October 27, 2008 at 10:11 AM

    $1

  38. 38
    Posted by guest | October 27, 2008 at 10:11 AM

    866.66
    i-c-d

  39. 39
    Posted by guest | October 27, 2008 at 10:13 AM

    750

  40. 40
    Posted by guest | October 27, 2008 at 10:14 AM

    882.50

  41. 41
    Posted by guest | October 27, 2008 at 10:14 AM

    Number one, we hit them in the mouth.
    -Mike Singletery

  42. 42
    Posted by guest | October 27, 2008 at 10:16 AM

    888.27

  43. 43
    Posted by guest | October 27, 2008 at 10:17 AM

    888.88

  44. 44
    Posted by guest | October 27, 2008 at 10:20 AM

    824.59 —
    -ham

  45. 45
    Posted by guest | October 27, 2008 at 10:23 AM

    857.03
    mark it down

  46. 46
    Posted by CrazyCougar | October 27, 2008 at 10:26 AM

    837

  47. 47
    Posted by guest | October 27, 2008 at 10:28 AM

    Enough of this grinding decline. Get. It. Over. With.

  48. 48
    Posted by redpandot | October 27, 2008 at 10:28 AM

    848.4

  49. 49
    Posted by guest | October 27, 2008 at 10:29 AM

    808- Children at the gate

  50. 50
    Posted by guest | October 27, 2008 at 10:35 AM

    857.75
    corn hole it

  51. 51
    Posted by guest | October 27, 2008 at 10:38 AM

    821

  52. 52
    Posted by guest | October 27, 2008 at 10:41 AM

    10,000. Chuck Norris is long S&P futures.

  53. 53
    Posted by guest | October 27, 2008 at 10:41 AM

    851.6
    L2classic@yahoo.com

  54. 54
    Posted by a dead horse | October 27, 2008 at 10:44 AM

    882

  55. 55
    Posted by guest | October 27, 2008 at 10:48 AM

    871.88
    dogfacedboy

  56. 56
    Posted by guest | October 27, 2008 at 10:51 AM

    856.8

  57. 57
    Posted by guest | October 27, 2008 at 10:51 AM

    881.05 Rawr!

  58. 58
    Posted by Goldman Sachs Neophyte | October 27, 2008 at 10:53 AM

    @33 nice “American Psycho” reference.

  59. 59
    Posted by Conflicts of disinterest | October 27, 2008 at 10:57 AM

    864.25

  60. 60
    Posted by guest | October 27, 2008 at 11:06 AM

    861
    S Mansfield

  61. 61
    Posted by braaak | October 27, 2008 at 11:08 AM

    862.23

  62. 62
    Posted by guest | October 27, 2008 at 11:08 AM

    866.21 jp

  63. 63
    Posted by guest | October 27, 2008 at 11:11 AM

    866.21 jp

  64. 64
    Posted by Riskybusiness | October 27, 2008 at 11:14 AM

    868.25

  65. 65
    Posted by ShortOil | October 27, 2008 at 11:15 AM

    869.84

  66. 66
    Posted by guest | October 27, 2008 at 11:26 AM

    779

  67. 67
    Posted by guest | October 27, 2008 at 11:31 AM

    878.12

  68. 68
    Posted by hedgehog | October 27, 2008 at 12:04 PM

    How am I supposed to guess without the opening bell??

  69. 69
    Posted by guest | October 27, 2008 at 1:53 PM

    891

  70. 70
    Posted by guest | October 27, 2008 at 1:54 PM

    891

  71. 71
    Posted by gdm | October 28, 2008 at 10:41 AM

    874.62 at noon
    868.20 at close

  72. 72
    Posted by guest | October 28, 2008 at 11:41 AM

    870

Newer Comments

Leave a comment

You can log in with your account or comment as a guest below.

   or