Edited by greenie, 13 March 2007 - 03:49 PM.
bear trap?
Started by
greenie
, Mar 13 2007 03:48 PM
10 replies to this topic
#1
Posted 13 March 2007 - 03:48 PM
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#2
Posted 13 March 2007 - 03:49 PM
Bait?
#3
Posted 13 March 2007 - 03:59 PM
ask him - he has all the answers
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#4
Posted 13 March 2007 - 04:53 PM
Greenie...this morning in a thread of mine you mentioned GE's exposure to subprime market....what division are you talking about?
#5
Posted 13 March 2007 - 05:12 PM
Hi TP,
http://www.reuters.c...959257020070310
Run away from anything based in California. Seriously !!
http://www.reuters.c...959257020070310
Run away from anything based in California. Seriously !!
Edited by greenie, 13 March 2007 - 05:13 PM.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#6
Posted 13 March 2007 - 05:16 PM
that's a very small spit in the bucket for GE.
#7
Posted 13 March 2007 - 05:21 PM
that's a very small spit in the bucket for GE.
Possible. Market's go through perception though. Those kinds of news make GE perceived as a subprime lender. Only when the selloff is complete, smart money will come and pick up jewels from trashes.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#8
Posted 13 March 2007 - 05:27 PM
Greenie,
Good call on bonds a month ago, though I got shaken out
and involved with another issue.
What is your take here, breakout or top ?
Thanks.
http://stockcharts.c...5002&r=3775.png
Good call on bonds a month ago, though I got shaken out
and involved with another issue.
What is your take here, breakout or top ?
Thanks.
http://stockcharts.c...5002&r=3775.png
#9
Posted 13 March 2007 - 05:44 PM
TLT is going way higher over the long term according to my model. Don't get shaken out. Treasury bonds do well in credit crisis and deflationary recession, when people avoid risky assets. Read US financial history of 1930s - bonds were the only asset class that did well (other than gold, but all gold was taken away from people anyway). Also, do not listen to morons, who tell you that Chinese and Japanese government are about to dump their bonds. Governments do not act that way.
I am not very good with ST, but I do not see why it won't breakout here.
I am not very good with ST, but I do not see why it won't breakout here.
Edited by greenie, 13 March 2007 - 05:45 PM.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#10
Posted 13 March 2007 - 07:28 PM
Japan and China selling their Treasuries would tend to drive our rates up anyway (less demand will lead to higher rates to induce someone to hold the stuff).