Jump to content

"They"


Recommended Posts

Richard Russel had a piece out not too long ago with a number for trannies and the dow, which he felt would spell trouble. ANyone know what those numbers were/are?

"0" & "0"

 

:lol: :lol: :lol: :lol:

Link to post
Share on other sites
  • Replies 249
  • Created
  • Last Reply
We may be getting close to a floor in rates here - our plan is to wait for the retrace and load up again.

 

I know last night there was discussion about Rydex Juno being a bad play but if the TNX hits 3.50, I'm picking some up...

 

Ag

Link to post
Share on other sites
Don't know if this has been mentioned, but the Argentina deadline is 5pm EST, and therefore after the close.

 

Perhaps their default will bitch-slap awaken holders of emerging market debt from their paper-thin-spreads-over-Treasuries stupor and they'll sell like Mortimor was advised.

 

Maybe we get a panic out of all instruments risky like in August 1998. That'd be fun.

Argentina Will Pay $3.1B To IMF, Avoiding Default - TV

 

 

DOW JONES NEWSWIRES

 

BUENOS AIRES -- Argentina will make a $3.1 billion payment to the International Monetary Fund later Tuesday, avoiding a feared default, local television station Todo Noticias reported.

 

The decision to make the payment was made by President Nestor Kirchner after he received a telephone call from IMF interim Managing Director Anne Krueger early in the afternoon, the station reported. Sources for the report were not cited.

 

Neither government nor IMF officials could be immediately reached to comment on the report.

 

Krueger: I'm getting a new job at the IMF, so I don't have any more time for this. A new loan of $3.1 B is on the way to you.

 

Kirchner: Si! We suddenly found $3.1 B to pay you, gringo. Manana.

Link to post
Share on other sites
Richard Russel had a piece out not too long ago with a number for trannies and the dow,  which he felt would spell trouble.  ANyone know what those numbers were/are?

First post ever.

 

"If the Dow is in the process of topping out, first it will drop below the 10470 level and then below its 50-day MA"

 

http://www.goldismoney.info/forums/showthr...ghlight=russell

Link to post
Share on other sites
Don't know if this has been mentioned, but the Argentina deadline is 5pm EST, and therefore after the close.

 

Perhaps their default will bitch-slap awaken holders of emerging market debt from their paper-thin-spreads-over-Treasuries stupor and they'll sell like Mortimor was advised.

 

Maybe we get a panic out of all instruments risky like in August 1998. That'd be fun.

Argentina & IMF made a deal earlier today stock market +3%

Link to post
Share on other sites

Gotta be bearish....Rydex 200% leveraged short DOW fund only has a CUSIP number, since the assets are still below $25M.

 

.....or not, since the 200% long fund is in similar straits. They can't attract >25M to either of these funds, but Juno is loaded to the gills, while bearish ?? :blink:

Link to post
Share on other sites
Don't know if this has been mentioned, but the Argentina deadline is 5pm EST, and therefore after the close.

 

Perhaps their default will bitch-slap awaken holders of emerging market debt from their paper-thin-spreads-over-Treasuries stupor and they'll sell like Mortimor was advised.

 

Maybe we get a panic out of all instruments risky like in August 1998.  That'd be fun.

Argentina & IMF made a deal earlier today stock market +3%

Any and all debt blowups, credit market dislocations, burning currencies, riots, revolutions, wars, pestilence, plagues, floods, earthquakes, mudslides, etc. are

 

Bullish!!!

 

Lets all go out and BUY STOCKS!!!

post-3-1078853888_thumb.png

Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Guest
This topic is now closed to further replies.
  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    No registered users viewing this page.

  • ×
    • Create New...