What about the carry trade?
#1
Posted 21 March 2007 - 02:31 PM
#2
Posted 21 March 2007 - 02:55 PM
#3
Posted 21 March 2007 - 03:42 PM
Yes, it's momo guys.
Note though that the Fed has not cut rates -- all that's happened today is a psychological operation designed to give that impression.
sounds like the fed is saying that they may need to raise rates but they are kinda sorta adopting an easing bias. that's a good reason to rally .
ed rader
#4
Posted 21 March 2007 - 03:44 PM
Question...how many equity price advances have there been with the FED lowering rates over the last 80 years?Note though that the Fed has not cut rates...
Question...wouldn't it be more correct to say that this same operation took place over the last 3 weeks?...all that's happened today is a psychological operation designed to give that impression
Fib
Edited by fib_1618, 21 March 2007 - 03:45 PM.
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#6
Posted 21 March 2007 - 03:57 PM
Quite a nice wall of worry we have here, wouldn't you agree?FOMC statement, revised for reality.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#7
Posted 21 March 2007 - 04:06 PM
Quite a nice wall of worry we have here, wouldn't you agree?FOMC statement, revised for reality.
Fib
#8
Posted 21 March 2007 - 07:54 PM
Quite a nice wall of worry we have here, wouldn't you agree?FOMC statement, revised for reality.
Fib
I don't know, Fib. Maybe. I'm a bull -- think we'll close the year higher.
But today's action smells, that's all...it's not a clean shot.