Jump to content

B4 The Bell Wednesday Septemeber 8


Recommended Posts

In E-wave terms, it's a Wave 2 retracement ... just before Wave 3 to the downside takes out ALL of the little Bubble IIs -- the dollar, bonds, real estate, stocks, consumerism, global domination, and BABY BUBBLER DREAMS.

MH, that sounds downright deflationary! ;)

Link to comment
Share on other sites

  • Replies 250
  • Created
  • Last Reply

Sir Pumpsalot Drains A Little

 

Enough To Stop The Rally?

 

Fed Update is now posted! Know what Al and his crew are up to, and how it's likely to affect the markets. Take a subscribatory and download your daily Fed Report.

 

 

30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW!

Link to comment
Share on other sites

Foreign institutions may have bought $5B of the $15B new 5 year notes. Like I mentioned yesterday (and most every day lately :lol: ) certain foreign central banks persist in buying dollars and putting them to work in Treasuries. While part of that $5 B may have been rollover from some other Treasuries, I think most of that wasn't.

 

Unfortunately for bears, all this Fed/foreign central bank activity may place a temporary floor on the market. :(

Link to comment
Share on other sites

Archived

This topic is now archived and is 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...