4 replies to this topic

[n83]

bull is alive and well just seems scarier that is all..but is not what it seems-gg

[JAP]

bull is alive and well

just seems scarier that is all..but is not what it seems-gg

Yeah, it's alive and well just as long as the FED keep injecting money into the system and/or big banks invest billions in shaky mortgage companies.

[LarryT]

bull is alive and well

just seems scarier that is all..but is not what it seems-gg

Yeah, it's alive and well just as long as the FED keep injecting money into the system and/or big banks invest billions in shaky mortgage companies.

Actually the FED has not injected any liquidity, matter of fact for the month of August only 3 days liquidity was above the 10 day average. All they have done is lower the discount rate which nobody uses anyhow.

http://www.gmtfo.com.../RepoGraph.aspx

[mike123]

bull is alive and well

just seems scarier that is all..but is not what it seems-gg

Yeah, it's alive and well just as long as the FED keep injecting money into the system and/or big banks invest billions in shaky mortgage companies.

Actually the FED has not injected any liquidity, matter of fact for the month of August only 3 days liquidity was above the 10 day average. All they have done is lower the discount rate which nobody uses anyhow.

http://www.gmtfo.com.../RepoGraph.aspx

Didn't the largest US banks borrowed $2 Billion from FED?

[Rogerdodger]

The worst thing I ever do is to try to make "now" " then".

It may rhyme but it is not the same.

Entropy:
Statistical mechanics explains entropy as the amount of uncertainty (or "mixedupness" in the phrase of Gibbs) which remains about a system, after its observable macroscopic properties have been taken into account. For a given set of macroscopic quantities, like temperature and volume, the entropy measures the degree to which the probability of the system is spread out over different possible quantum states. The more states available to the system with higher probability, and thus the greater the entropy. In essence, the most general interpretation of entropy is as a measure of our ignorance about a system. The equilibrium state of a system maximizes the entropy because we have lost all information about the initial conditions except for the conserved quantities; maximizing the entropy maximizes our ignorance about the details of the system.[12]

Edited by Rogerdodger, 24 August 2007 - 11:22 PM.