MrHanky Posted November 30, 2010 Report Share Posted November 30, 2010 Bots held the lower 1170's 7 times this month,can bears bust through it? Link to comment Share on other sites More sharing options...
MrHanky Posted November 30, 2010 Author Report Share Posted November 30, 2010 Futures still dropping after the bell...ES 1177 Link to comment Share on other sites More sharing options...
Jimi Posted November 30, 2010 Report Share Posted November 30, 2010 BTW, have you seen Martin's latest? Martin Armstrong.. The guy is prolific. Link to comment Share on other sites More sharing options...
MrHanky Posted November 30, 2010 Author Report Share Posted November 30, 2010 Sold about 10 or 12% of my muni portfolio into the bounce here.Made about .5% on what I sold not counting accrued interest.Will lighten further if bonds rally.....Got a few positions I will probably be stuck with for quite a while but i will just collect the coupons I guess. I still think TYX prints LOW 3'S in the next 3-6 months,even though nobody seems to agree with me..... Link to comment Share on other sites More sharing options...
MrHanky Posted November 30, 2010 Author Report Share Posted November 30, 2010 If we do roll over,1150 and 1130 are going to be huge tests on the horizon.Below 1130ish I think we just go straight down. WTFDIK Link to comment Share on other sites More sharing options...
phatbubble Posted November 30, 2010 Report Share Posted November 30, 2010 The guy is prolific. Considering the extreme and vindictive maltreatment at the hands of the courts & prison system, it's astonishing. Link to comment Share on other sites More sharing options...
Trader Joe Posted November 30, 2010 Report Share Posted November 30, 2010 The guy is prophylactic. His stuff is always a good read Link to comment Share on other sites More sharing options...
Trader Joe Posted November 30, 2010 Report Share Posted November 30, 2010 BAC crosses the River Styx 10-handle, removes both eyeballs, and prepares for what comes next....the inevitable Link to comment Share on other sites More sharing options...
Trader Joe Posted November 30, 2010 Report Share Posted November 30, 2010 Whoa mama!!! Creamer pumps... (when it came pubic on Nov 3rd via live appearance by the CEO on MadCow Money, which was nothing more than a paid for infomercial, as all CNBC "guest" appearances are, duh!) ...Wall street dumps Link to comment Share on other sites More sharing options...
DrStool Posted November 30, 2010 Report Share Posted November 30, 2010 By poopular demand, I have added a Donate link to my signature... Fuggit. Didn't work. Will add to sidebar. Link to comment Share on other sites More sharing options...
Trader Joe Posted November 30, 2010 Report Share Posted November 30, 2010 Assuming a Urope melt-down/clash of epic proportion in Q1 2011, and then a massive scramble by 4-in money into US trasheries.... ....just whyTF does the Fed need to spend $600B buying UST from banksta's The Treasury is going to have almost limitless demand....at least for awhile Better they save the $600B for a later date... ....as if that matters.... Cue Hankster's 3 "pershent" Link to comment Share on other sites More sharing options...
MrHanky Posted November 30, 2010 Author Report Share Posted November 30, 2010 Assuming a Urope melt-down/clash of epic proportion in Q1 2011, and then a massive scramble by 4-in money into US trasheries.... ....just whyTF does the Fed need to spend $600B buying UST from banksta's The Treasury is going to have almost limitless demand....at least for awhile Better they save the $600B for a later date... ....as if that matters.... Cue Hankster's 3 "pershent" Could yield even lower if we follow Japan....although I could be dead wrong.But I will say the next "crash" in stocks will keep the the "investor" out of stocks for another 5 or 10 years.That could potentially give the long end a huge rally,and stupid low yields on an extended panic driven move from stocks to bonds. Let's face it,for the most part the "inflation" we are seeing is just speculators pumping commodities,once those charts break we just go into a deflationary spiral and massive De-leveraging. There is no "real" demand for pretty much anything right now. . Link to comment Share on other sites More sharing options...
DrStool Posted November 30, 2010 Report Share Posted November 30, 2010 Bulltard tells panel he is concerned about funding, scope of new Consumer Financial Protection Bureau http://bit.ly/g8L1Si Link to comment Share on other sites More sharing options...
DrStool Posted November 30, 2010 Report Share Posted November 30, 2010 I just liked the guy's name. Link to comment Share on other sites More sharing options...
Slappy Posted November 30, 2010 Report Share Posted November 30, 2010 http://www.youtube.com/watch?v=4w3CBdLfGqw I say, who am I to blow against the wind? .... Democrats and Republicans alike are pressing for the GSEs to return to solvency and repay taxpayer funds. “We need to pursue all available legal claims to limit the losses to taxpayers,” said Representative Brad Miller, a North Carolina Democrat who serves on the House Financial Services Committee. The GSEs should get what they’re owed and leave it to regulators to take action later if buybacks cause problems for banks, said Phillip Swagel, a former assistant Treasury secretary under President George W. Bush “It’s better to uncover everything and for people to face up to their obligations,” Swagel said. Link to comment Share on other sites More sharing options...
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