DrStool Posted July 27, 2009 Report Share Posted July 27, 2009 Mr. Green Shoots The Dead Cat by Lee Adler, Monday, July 27, 2009, in Money and The Fed, Professional Edition | Permalink |Comments (0) Edit The BLS announced its estimate for June new home sales today, and the results were much ballyhooed as more evidence of green shoots. To me it looks more like a dead cat bouncing. One thing that isn’t bouncing is prices. I’ve included a couple of charts in the body of the report for your viewing pleasure. A small 20 year TIPs issue and the usual 13 and 26 week bills were auctioned Monday. The 4 week bill was announced, and it will be smaller than expected, reducing the new supply to be auctioned this week to “only” $71 billion. That, and a $30 billion CMB auctioned Friday will all settle on Thursday and Friday, brining the total amount due to pay for new supply this week to $101 billion. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
Bungster Posted July 27, 2009 Report Share Posted July 27, 2009 It's just not a fair fight... Link to comment Share on other sites More sharing options...
Bungster Posted July 27, 2009 Report Share Posted July 27, 2009 Bearz no likee dis.... Link to comment Share on other sites More sharing options...
Dharmaeye Posted July 27, 2009 Report Share Posted July 27, 2009 SEC makes permanent its rule to reign in short selling But lawmakers say the measure doesn't effectively limit the practice http://www.marketwatch.com/story/sec-2009-07-27 Link to comment Share on other sites More sharing options...
Jimi Posted July 27, 2009 Report Share Posted July 27, 2009 Bunning not running for reelection in2010. Link to comment Share on other sites More sharing options...
T_Slim Posted July 27, 2009 Report Share Posted July 27, 2009 Shot of the 30 year daily. Today we have a bearish outside vertical bar. If the low gets taken out with enough momentum, the red line could be the place that price stalls. Normally, I like to see these bearish outside bars at swing highs, but when you see them like this, it usually means a continuation of the trend. The 10 year has the same type of bar on it's daily chart but it's right on s/r. Link to comment Share on other sites More sharing options...
DrStool Posted July 27, 2009 Author Report Share Posted July 27, 2009 1000 or Bust �" Professional Edition by Lee Adler, Monday, July 27, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit The market continues its drive toward 1000 on the SPX. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
Bungster Posted July 27, 2009 Report Share Posted July 27, 2009 Bunning not running for reelection in2010. If you are not reading from the script DA BOYZ will replace you....Lobbyists like a little sumptin fer their dollars... PAYOLA.. Link to comment Share on other sites More sharing options...
Jimi Posted July 27, 2009 Report Share Posted July 27, 2009 Jim Lehrer just read Karl Denninger's letter to Ben Bernanke on the first part of the three part discussion with the Fed Head this week on the News Hour. Link to comment Share on other sites More sharing options...
cwd Posted July 27, 2009 Report Share Posted July 27, 2009 Shot of the 30 year daily. Today we have a bearish outside vertical bar. If the low gets taken out with enough momentum, the red line could be the place that price stalls. Normally, I like to see these bearish outside bars at swing highs, but when you see them like this, it usually means a continuation of the trend. The 10 year has the same type of bar on it's daily chart but it's right on s/r. As KW has warned in the past the USB closed right on the 500 ma and the 900 is is at 114 04 Sellers beware. Link to comment Share on other sites More sharing options...
cwd Posted July 27, 2009 Report Share Posted July 27, 2009 Jim Lehrer just read Karl Denninger's letter to Ben Bernanke on the first part of the three part discussion with the Fed Head this week on the News Hour. Cool, I am glad the bloggers are starting to have an effect. Link to comment Share on other sites More sharing options...
Jorma Posted July 27, 2009 Report Share Posted July 27, 2009 Bunning not running for reelection in2010. For 50 years the primary source of Fed criticism was the John Birch Society. Thus comfortably marginalized politically any and all Fed criticism was casually ignored. Bunning flies close enough to the nativist racist populist Christianist right most of the time he fits neatly into the mold of crackpots, as does Ron Paul. You can delete this if you want to Doc. I'll get it. Link to comment Share on other sites More sharing options...
Speakeasy Posted July 27, 2009 Report Share Posted July 27, 2009 <h2 class="post-title">1000 or Bust �" Professional Edition</h2> by Lee Adler, Monday, July 27, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit The market continues its drive toward 1000 on the SPX. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. I'll take BUST for $1000, Alex. Link to comment Share on other sites More sharing options...
jickiss Posted July 27, 2009 Report Share Posted July 27, 2009 jickiss is back! jickiss is back! and It seems that Mr. Ackerman thimks that we are looking into the abyss, if Kali is any Indication of future trends..... http://www.rickackerman.com/2009/07/as-cal...tion/#more-8301 Link to comment Share on other sites More sharing options...
psyche doctor Posted July 27, 2009 Report Share Posted July 27, 2009 Link to comment Share on other sites More sharing options...
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