I think SPX sets a peak line in the sand at 1500, but we can expect somebig moves down this year. I think the chinese stock market is going to fall by at least 30% and there is no way Isee the US escaping this debacle.
Hold onto your hats everyone.
Just think: in retrospect the housingbubble will be obvious, the longest growth period without a recession willfinally cometo roost, earnings will revert to their 10 year averages, and Ben will just bodge it all up. Maybe he isnt as loose with the print as people think as he doesnt actually have much experience of how to use it.
Ben the bodger
Started by
Tor
, Apr 08 2007 03:27 PM
4 replies to this topic
#1
Tor
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Posted 08 April 2007 - 03:27 PM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
skott
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Posted 08 April 2007 - 03:36 PM
sure are alot of bear posts. bodes for higher prices at least S/T
#3
relax
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Posted 08 April 2007 - 03:53 PM
Ben shouldn't be worried about inflation
When he went from hiking rates to going on hold, it did not affect inflation
Going from on hold to lowering rates, would not affect inflation either
But even if Ben lowers rates, it's too late - rates should have been lowered when things looked as if they did not need lower rates
Well anyway who cares about what Ben should be doing or should have done
PPI Friday and CPI next week are the biggest events of the month
and will give an answer to everybody's question here - higher or lower
if we get .3 gains for Core PPI and CPI, we're heading back toward the lows of march
.2 gains for Core PPI and CPI and we will see new highs
just my modest and simple take on it - at the moment we need to keep things simple
When he went from hiking rates to going on hold, it did not affect inflation
Going from on hold to lowering rates, would not affect inflation either
But even if Ben lowers rates, it's too late - rates should have been lowered when things looked as if they did not need lower rates
Well anyway who cares about what Ben should be doing or should have done
PPI Friday and CPI next week are the biggest events of the month
and will give an answer to everybody's question here - higher or lower
if we get .3 gains for Core PPI and CPI, we're heading back toward the lows of march
.2 gains for Core PPI and CPI and we will see new highs
just my modest and simple take on it - at the moment we need to keep things simple
sure are alot of bear posts. bodes for higher prices at least S/T
#4
Rogerdodger
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Posted 08 April 2007 - 06:04 PM
PPI Friday and CPI next week are the biggest events of the month
And that's if you can believe what you read.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#5
relax
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Posted 08 April 2007 - 06:14 PM
well no need to read anything but the charts
since the may correction all big moves have followed CPI and PPI released
august 15 i think Core PPI actually dropped - a very big move followed which basically told everybody looking at the charts that the market was over the correction and was going to move much higher
trust me PPI and CPI will once again decide what this market does on the very short term
everybody's charts and indicators are currently saying "we could move higher, we could move lower"
they won't be saying that after friday the 13 th (PPI) and april the 17 th (CPI on a supermoon)
cheers ;-)
since the may correction all big moves have followed CPI and PPI released
august 15 i think Core PPI actually dropped - a very big move followed which basically told everybody looking at the charts that the market was over the correction and was going to move much higher
trust me PPI and CPI will once again decide what this market does on the very short term
everybody's charts and indicators are currently saying "we could move higher, we could move lower"
they won't be saying that after friday the 13 th (PPI) and april the 17 th (CPI on a supermoon)
cheers ;-)
PPI Friday and CPI next week are the biggest events of the month
And that's if you can believe what you read.
