8 replies to this topic

[dcengr]

Still, its a global economy. Whazzup wit dat?

[dcengr]

The bad ISM number is out, the market didn't drop like a rock. The bad india market drop didn't flinch the markets. The market's had a W bottom drop and a retest of 1410. Bears are pathetically weak, and can't drop this market. There's no risk to the downside. Its the buying opportunity of a life time. This is a goldilocks economy. Uncle Ben will fish us out of any downpour. This is an Ageless Bullmarket.

[jonbear]

"On Friday, RBI had raised its short-term lending rate by 25 basis points to 7.75 per cent and also hiked Cash Reserve Ratio- the proportion of deposits that banks have to keep as cash - by a half a percentage point to 6.5 per cent. "


Article at link below:
http://www.hindu.com...00704021723.htm

Still, its a global economy.

Whazzup wit dat?

[dcengr]

"On Friday, RBI had raised its short-term lending rate by 25 basis points to 7.75 per cent and also hiked Cash Reserve Ratio- the proportion of deposits that banks have to keep as cash - by a half a percentage point to 6.5 per cent. "


Article at link below:
http://www.hindu.com...00704021723.htm

Still, its a global economy.

Whazzup wit dat?

Yes I'm aware of the alibi they gave. The fact its dropping like that means there's some sort of liquidity problem there.

The question is, is it a global economy such that the liquidity problem will extend everywhere or is it isolated?

[denleo]

You sound like a bear. There are no liquidity problems. We are printing. Our grandchildren will pay for it. Why would we care? Stay long. Denleo

[Mr Dev]

The bad ISM number is out, the market didn't drop like a rock.

The bad india market drop didn't flinch the markets.

The market's had a W bottom drop and a retest of 1410.

Bears are pathetically weak, and can't drop this market.

There's no risk to the downside.

Its the buying opportunity of a life time.

This is a goldilocks economy.

Uncle Ben will fish us out of any downpour.

This is an Ageless Bullmarket.

Here we go again,...three strong viewpoints flip-flopping intra-day make up your mind

and then try and take a rest.

Sorry my ignore settings need adjusting

[dcengr]

You sound like a bear. There are no liquidity problems. We are printing. Our grandchildren will pay for it. Why would we care? Stay long.

Denleo

I'm long from S&P 1. Even a 50% drop in the index is a just a hiccup and I will recover my losses over time, if only because inflation will go up.

That's why they call it being "long", as in hold for a "long time".

The bad ISM number is out, the market didn't drop like a rock.

The bad india market drop didn't flinch the markets.

The market's had a W bottom drop and a retest of 1410.

Bears are pathetically weak, and can't drop this market.

There's no risk to the downside.

Its the buying opportunity of a life time.

This is a goldilocks economy.

Uncle Ben will fish us out of any downpour.

This is an Ageless Bullmarket.

Here we go again,...three strong viewpoints flip-flopping intra-day make up your mind

and then try and take a rest.

Sorry my ignore settings need adjusting

Mr Dev, do me a favor.. STOP responding to my posts, please put me on ignore, permanently.

Thank you for your cooperation.

[NAV]

dcengr, It's a news based move. The central bank of India had raised the ST lending rates not more than a few weeks ago. Here they come again and give another rate hike and at the same time increase the cash reserve ratio. It was a sort of double whammy and the move took the markets by surprise as it was announced after the markets closed on friday evening. The problem is apparently not liquidity crunch, but excess liquidity, which is what the central banks are desperately trying to contain. That's bullish. It gets bearish when things start cooling and the central bank starts cutting rates.

Edited by NAV, 02 April 2007 - 12:00 PM.

[Mr Dev]

Mr Dev, do me a favor.. STOP responding to my posts, please put me on ignore, permanently.
Thank you for your cooperation.

I'm Sorry,
I accidentally took you off a couple of days ago, ... have been irritable ever since!

good luck