potatohead Posted August 10, 2007 Report Share Posted August 10, 2007 Looks like that last repo did the trick. Spooz jumped 10 pts in three seconds. Golf clap for the PPT. 598587[/snapback] ITS THE SMALL THINGS IN LIFE Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2007 Report Share Posted August 10, 2007 dont fool your self and worry. the markets will do what ever they do. they can go down they can go up. for a while it was best to play the up sides. now its most likely going to move sideways or get very wild. look at the futes this am. i bought the open sold about 11. stop trying to wonder about the fed and gold its not worth it. that won't make you money. just watch the charts. signed, troll. 598538[/snapback] I do watch the charts, and I appreciate your comments. It is that I feel much like beardrech's comments and I really would like to know the mechanics of the system. I remain amazed how so many people are involved in the financial industry and how important it is to the US and the world, and really no one knows (publicly) how the thing really works. 598544[/snapback] There are many bloggers and posters, both from within and outside the system, describing how things work. Some of them are right here. Link to comment Share on other sites More sharing options...
Lemur Posted August 10, 2007 Report Share Posted August 10, 2007 Fed arranges weekend repos for the third time. Closed out my DAI put position. Small: 3b with a 5.10% stop. 598504[/snapback] Wow. a repo at 1:50 PM. Never saw that before. Nor the limitation to MBS in all three repos. 598582[/snapback] Armageddon (Next Week) - How so Lee. Whats to say the Fed won't keep pumping it up. All the way back to 1532 on S&P. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2007 Report Share Posted August 10, 2007 Wonder if Chuck "Trimtabs" Biderman is still holding 200% long the SPX from 1545? If so, his tabs are getting trimmer all the time. 598545[/snapback] He's now 300% long. Based on the shrinkage of his equity since he went long at the top. Is that the margin man I see? Link to comment Share on other sites More sharing options...
elh Posted August 10, 2007 Report Share Posted August 10, 2007 A succession of Sack chairmen. I see a pattern. Who is the puppetmaster and who is the rube? Is it the handicapped governor? Is it the CareBear? Hmmm.... Who is the puppetmaster? Could it be... the guy who sits on the Harvard Corporation and is Chairman of an elite Citibank committee? Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2007 Report Share Posted August 10, 2007 And the guy is supposed to be a "liquidity expert." I guess he skipped Lesson 1. Link to comment Share on other sites More sharing options...
linrom Posted August 10, 2007 Report Share Posted August 10, 2007 Insane.. 598590[/snapback] It's behaving like your fractal model. Link to comment Share on other sites More sharing options...
dogsie Posted August 10, 2007 Report Share Posted August 10, 2007 Its only insane if you are on the wrong side Link to comment Share on other sites More sharing options...
LeeWhee Posted August 10, 2007 Report Share Posted August 10, 2007 And the guy is supposed to be a "liquidity expert." I guess he skipped Lesson 1. 598598[/snapback] I think you mean Leeson 1. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted August 10, 2007 Report Share Posted August 10, 2007 Let's see if Fed can soak up all the selling or they can just paint the close now. Link to comment Share on other sites More sharing options...
Black Prince Posted August 10, 2007 Report Share Posted August 10, 2007 Did not want to wait for the close and exited my QLD at 93.13. Looking forward to Monday to do it again. Link to comment Share on other sites More sharing options...
Black Prince Posted August 10, 2007 Report Share Posted August 10, 2007 I would REALLY like the major averages to close with small loses today. Link to comment Share on other sites More sharing options...
crooked_analyst Posted August 10, 2007 Report Share Posted August 10, 2007 "Overall, it continued to be a good week as the markets shrugged off some less than perfect news. On the week the markets gained a few points..." Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2007 Report Share Posted August 10, 2007 Fed arranges weekend repos for the third time. Closed out my DAI put position. Small: 3b with a 5.10% stop. 598504[/snapback] Wow. a repo at 1:50 PM. Never saw that before. Nor the limitation to MBS in all three repos. 598582[/snapback] Armageddon (Next Week) - How so Lee. Whats to say the Fed won't keep pumping it up. All the way back to 1532 on S&P. 598595[/snapback] They are pushing on a string, methinks. And I also think the crisis is bigger than we think because I suspect that most of those CDOs and a huge portion of MBS and GSE paper are completely worthless, and they are held by every financial institution in the world in huge quantities. The run on the bank is here and the Ponzi men have stripped the vaults to the bare walls. Link to comment Share on other sites More sharing options...
Jetlag Posted August 10, 2007 Report Share Posted August 10, 2007 Wynd's favorite indicator - the infamous CPC, isn't skying with the latest correction, hmm. No shorts pilling on. Link to comment Share on other sites More sharing options...
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