29 replies to this topic

[selecto]

Plan to be announced before the bell. Story.

[rkd80]

That is just simply awful. I guess I am not surprised at the futures response, just surprised at how reckless they are getting.

[IYB]

I'm not getting why all of these vastly different estimates are thrown out there in the same short article. Which is it? $75 Billion, $100 Billion, $1 Trillion, $2 Trillion, or 4 Trillion??? >>>>a plan in which Treasury will use $75-100 billion from last year's $700 billion Wall Street bailout. ... >>>>>"The government can then come in and buy these assets on a large scale at these prices. (Roughly) $1 trillion is not enough; it probably needs to be twice that," >>>>>Our guess is that we would need to take $4 trillion out of the market and off the supply that private financial intermediaries must hold in order to move financial asset prices to where they need to be in order to unfreeze credit markets ...

[BigBadBear]

sounds good, we should be up about 500points by eod. Geither has finally shown why the President put so much confidence in him.

[Rogerdodger]

Gene Inger (Tuesday night): "It was anticipated that Geithner would have the ‘toxic asset’ proposal by now; probably in a couple of days (however, this is now a bit tardy to deflect some contingency risk)."

[rkd80]

Might indeed be a nasty gap up, bleh. Stupid government intervention crap.

[BWTrader]

Those in FAZ will be in for some shock therapy on the open. Maybe things will improve for them as the day wears on. And maybe not. BW

[dcengr]

Thursday, March 05, 2009

A lot of the crash markers appear to be there.. execept one

Government intervention..

Pretty much before every crash I've seen, there is the usual government intervention that causes a flurry of short covering. Perhaps they can see it too and try to prevent it.

[Funky Monk]

Thursday, March 05, 2009

A lot of the crash markers appear to be there.. execept one

Government intervention..

Pretty much before every crash I've seen, there is the usual government intervention that causes a flurry of short covering. Perhaps they can see it too and try to prevent it.

coordinated world-wide rate cut 07:00EST 10-8-08



10-9-08

[VolPivots]

I was out for most of the ramp, so no chasing US index futures for me. Otoh, aussie index futures down under at 3527-30 were a compelling opportunity when HK and Japan were up over 2% The easiest trade del noche...shorted the $%^& out of T-notes when they were down a mere 0.11% not long before el dumpo (now flat)....don't get much easier money than that.