9 replies to this topic

[OEXCHAOS]

I know others have been making the analogy. I've been agreeing. But remember what happened. I was short, fat, and happy. Then the Fed bagged me. I can feel the same thing coming. Anybody watching fed fund futures? I would not be surprised by a "surprise" rate cut. I don't want to be short if that happens. Mark

[CAzzaro]

I know others have been making the analogy. I've been agreeing.

But remember what happened. I was short, fat, and happy. Then the Fed bagged me.

I can feel the same thing coming.

Anybody watching fed fund futures?

I would not be surprised by a "surprise" rate cut. I don't want to be short if that happens.

Mark

Sounds like a bears wall of worry.

[OEXCHAOS]

It does, doesn't it? M

[nicolasillo]

FED just announced is injecting $25Bl
waiting for the link of the article

I know others have been making the analogy. I've been agreeing.

But remember what happened. I was short, fat, and happy. Then the Fed bagged me.

I can feel the same thing coming.

Anybody watching fed fund futures?

I would not be surprised by a "surprise" rate cut. I don't want to be short if that happens.

Mark

[Cirrus]

The Fed and CBs in general must be careful here. They need pain and can't come to the rescue too soon. They need to throw the commodity secular bull mentality under the bus before they act. CL isn't too far off ATHs here. Other commodites are holding up. Look at the mortgage resets. They need LT rates to get down and stay down for the next few quarters. It's going to be interesting...

[Frac_Man]

In my opinion, if the fractal ( 1998 ) keeps confirming itself ...........

There's nothing the FED can do .... It's a Day Late and a Dollar Short

Hank

we'll see soon enough

I know others have been making the analogy. I've been agreeing.

But remember what happened. I was short, fat, and happy. Then the Fed bagged me.

I can feel the same thing coming.

Anybody watching fed fund futures?

I would not be surprised by a "surprise" rate cut. I don't want to be short if that happens.

Mark

[nicolasillo]

Didn t mean that the $25bl of FED will save the situation, ECB gave out 130BL...... and FED if my sources are right gave only 25?

link for ECB http://www.bloomberg...6...&refer=home

In my opinion, if the fractal ( 1998 ) keeps confirming itself ...........

There's nothing the FED can do .... It's a Day Late and a Dollar Short

Hank

we'll see soon enough

I know others have been making the analogy. I've been agreeing.

But remember what happened. I was short, fat, and happy. Then the Fed bagged me.

I can feel the same thing coming.

Anybody watching fed fund futures?

I would not be surprised by a "surprise" rate cut. I don't want to be short if that happens.

Mark

[nicolasillo]

http://www.bloomberg...6...&refer=home

I know others have been making the analogy. I've been agreeing.

But remember what happened. I was short, fat, and happy. Then the Fed bagged me.

I can feel the same thing coming.

Anybody watching fed fund futures?

I would not be surprised by a "surprise" rate cut. I don't want to be short if that happens.

Mark

[Cirrus]

If the central banks bail out the equity markets here near ATHs they are sending a message that is dangerous IMO. It will set up a really nice run in the XAU, XOI, OSX and industrial metals. Stocks could go on a tear, also. Bears will become an absolutely extinct species. At least with the Greenspan put you knew to let the SPX drop at least 10%....as reckless as 'Greenie' was he would at least let some real fear creep in. The VIX may be up there but major indexes are barely dented.

Edited by Cirrus, 09 August 2007 - 10:08 AM.

[humble1]

cirrus: most of the resets i have seen are based on prime or s/t rates. the long bond drop will surely help those with good credit and 20% down cash, but they are not the problem. and, even for those, the banks will now require new surveys and property appraisals.

Edited by humble1, 09 August 2007 - 11:15 AM.