Farmer Posted January 30, 2004 Report Share Posted January 30, 2004 Gold now 3.30 up Link to comment Share on other sites More sharing options...
Bearman Posted January 30, 2004 Report Share Posted January 30, 2004 the constant buy the dip theory will end in a type of freefall in the future all sellers no buyers coming to a mk near all Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 coming into a turn here should last 15 minutes to a 1/2 hour-hope it's down Link to comment Share on other sites More sharing options...
machinehead Posted January 30, 2004 Report Share Posted January 30, 2004 the constant buy the dip theory will end in a type of freefall in the future all sellers no buyers coming to a mk near all With slight revisions it becomes poetry: Buy the dip theory Will end in free fall All sellers no buyers In a mk near all - Bearman, 30 Jan 2004 Link to comment Share on other sites More sharing options...
depends Posted January 30, 2004 Report Share Posted January 30, 2004 Anybody else getting bad data feeds from datek? BTW - Order in to short TECD at 40.98 if it fails. Link to comment Share on other sites More sharing options...
Guest Posted January 30, 2004 Report Share Posted January 30, 2004 ADVDECV Gruff-o-meter has been waffling near the flatline all morning http://finance.lycos.com/qc/stocks/charts....R=3&CST_Scale=1 Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 seatbacks in an upright position, helmets on buckle up! Link to comment Share on other sites More sharing options...
Guest jrmfl Posted January 30, 2004 Report Share Posted January 30, 2004 volatility... in spades, i'm going to post something here that's sure to raise a few eyebrows... Link to comment Share on other sites More sharing options...
Guest jrmfl Posted January 30, 2004 Report Share Posted January 30, 2004 comments on this appreciated: posted it in political stool not knowing this thread existied, please read and comment. thank you. it's lenghty and depressing as hell... but interesting none the less. please comment on that thread as it's the proper forum. Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 We are entering a BIG turn right now give it a 1/2 hour-should see some real fireworks. Link to comment Share on other sites More sharing options...
threadbare Posted January 30, 2004 Report Share Posted January 30, 2004 Indigestiflation? Well seeing as all we're sure of is an explosive situation of one form or another, how about --Inflatulation? Link to comment Share on other sites More sharing options...
Hiding Bear Posted January 30, 2004 Author Report Share Posted January 30, 2004 A deflation is never caused by debtors suddenly stopping to finance debt with more debt. There is no limit to the amount of debt that the distressed debtors are willing to take. Deflation is caused by creditors pulling the plug on a whole economy. It happens when banks do not lend anymore because low interest rates do not cover the risk. It happens when savers take their money from the bank, because the bank is technically bankrupt. It happens when foreign banks stop buying treasuries to keep the dollar propped up. Well put. I think this pretty much explains why Japan is having such a hard time inflating its money supply. In Japan, banks are crippled, don't want to lend, and would have a hard time finding a good creditor if they did. It is somewhat ironic that $ intervention has given the BOJ something new to monetize. Even with that, they still have difficulties expanding the money supply. I favor what MH says in the inflation/deflation debate. No doubt rising interest rates would trigger a panic unwinding of Treasury and other positions. But would that be enough to plunge us into a depression? Perhaps we could survive a small increase up to 2%, but I would think there would be dramtic readjsutments if rates went to 5% say to stop a dollar plunge. jrmfl - will have to check out your post this weekend. Tanks all. Link to comment Share on other sites More sharing options...
Guest jrmfl Posted January 30, 2004 Report Share Posted January 30, 2004 no borrows on BZH... in fact i've seen the crooks tighten up borrows on a lot fo crap. squeezer od deck as bill miller etal are whack back office desks with returns. bastids. HB it's going to depress the hell out of you... fair warning. Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 JR- I'd say the article is spot on and yup it is depressing. Here comes the move folks! Link to comment Share on other sites More sharing options...
Guest jrmfl Posted January 30, 2004 Report Share Posted January 30, 2004 JR- I'd say the article is spot on and yup it is depressing. Here comes the move folks! disturbing... believe we're gonna chop into month end and feb's when it gets a little nasty. but i think by the end of next week, we may want to be looking for an st bottom. the fed's got control of this mess for now and no blow ups into G7. the ecb prefers the euro conitnues to rise, just not at a rate that alarms the rest of the globe. at some point it's going to weaken, but they are as desperate as desperate gets. i'm ready for anything. Link to comment Share on other sites More sharing options...
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