DrStool Posted September 18, 2007 Report Share Posted September 18, 2007 I guess he was serious about that helicopter thing. But they have an uphill battle ahead to offset the destruction of debt in the money markets. Today's market action was drive for show. Tomorrow they putt for dough. Link to comment Share on other sites More sharing options...
Private Skidmark Posted September 18, 2007 Report Share Posted September 18, 2007 I don't think much of Ben. Either he is a fool or irrationally arrogant. Why else would anyone agree to sign on as fed head knowing they would inherit Algae's legacy? My PMs, on the other hand, may prove to be very big Ben fans. Link to comment Share on other sites More sharing options...
lineup32 Posted September 18, 2007 Report Share Posted September 18, 2007 on my watch list Link to comment Share on other sites More sharing options...
Yaryman Posted September 18, 2007 Report Share Posted September 18, 2007 I don't think much of Ben. Either he is a fool or irrationally arrogant. 608667[/snapback] And how would that be different that the last guy? Link to comment Share on other sites More sharing options...
crazy_ate Posted September 18, 2007 Report Share Posted September 18, 2007 Full Disclosure, from the LESSON LEARNED DEPT. Good news, I made good money today on the options I bought on Friday..... Bad news, I panicked in the melt-up and I SOLD TOO DAMN SOON!!!! If I held 'til the end of day my 65% would have been more like 100%+ DAMN IT!!!!!! Time to go kick something..... Link to comment Share on other sites More sharing options...
Sudaca Posted September 18, 2007 Report Share Posted September 18, 2007 Zimbabwe Ben Link to comment Share on other sites More sharing options...
elh Posted September 18, 2007 Report Share Posted September 18, 2007 Some of us gave Heliben too much "credit." Does he deserve any? Hardly, nor any blame. There's a Fed Chairman manual on what you have to do in particular circumstances; every moron who assumes the post has to do it. Panic = 50 basis point cut. Anyway, will be definitely diversifying out of dollar assets on any dollar spikes in the future. These are not speculative, rather, just preservation of capital decisions. Link to comment Share on other sites More sharing options...
Sudaca Posted September 18, 2007 Report Share Posted September 18, 2007 Full Disclosure, from the LESSON LEARNED DEPT. Good news, I made good money today on the options I bought on Friday..... Bad news, I panicked in the melt-up and I SOLD TOO DAMN SOON!!!! If I held 'til the end of day my 65% would have been more like 100%+ DAMN IT!!!!!! Time to go kick something..... 608673[/snapback] I sold half my dongs about 2/3 of the way up.... but no regrets. Hey, this is a marathon after all, not a dash. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted September 18, 2007 Report Share Posted September 18, 2007 I'm wondering if Tech will get sold as money will rotate back into the financial. Link to comment Share on other sites More sharing options...
Cassiopeia Posted September 18, 2007 Report Share Posted September 18, 2007 Love N. Roubini, he has it all figured out, 50bps cut in the Fed Funds rate may be too little too late....downside risks of a hard landing (recession) are now large enough that doing 50bps was the minimum necessary to try to prevent a hard landing. In my view this is still too little too late. So, guesses all around, how far up can we go until Joe6 sniffs inflation? I'm thinking 'a lot'! Link to comment Share on other sites More sharing options...
I_Am_Madness Posted September 18, 2007 Report Share Posted September 18, 2007 WEIMAR!!! http://en.wikipedia.org/wiki/Hyperinflation "In economics, hyperinflation is inflation that is "out of control," a condition in which prices increase rapidly as a currency loses its value. No precise definition of hyperinflation is universally accepted. One simple definition requires a monthly inflation rate of 20 or 30% or more. In informal usage the term is often applied to much lower rates." Link to comment Share on other sites More sharing options...
Speakeasy Posted September 18, 2007 Report Share Posted September 18, 2007 Gee, I guess I'm the only Moran who thinks that's pretty much it. The wad is shot. Link to comment Share on other sites More sharing options...
Grand Poopercycle Posted September 18, 2007 Report Share Posted September 18, 2007 So, next 10%(close to close) move in Ass'nPee, Sow, Rusty indexes- up? down? who 'th hell knows? I go with the final selection. Link to comment Share on other sites More sharing options...
linrom Posted September 18, 2007 Report Share Posted September 18, 2007 Hypertiger is back for keeps Everything I have posted to this point is the 100% truth...You don?t have to believe it... The difference between what others have said and what I?m saying now is that they don?t understand/comprehend Basic mechanics of the system... Stages of Debt backed bt Debt fractional reserve banking... 1 Inflation of debt and the destruction of savings. Once the maximum potential debt inflation is reached then... 2 Deflation of debt and the destruction of equity. If debt inflation can not be restarted then a hyperdeflationary implosion of debt is the result which leads to... 3 Bankruptcy of the banks, Collapse of the economy and the consolidation of power. The above is not taught in fractional reserved funded schools or other educational institutions... I?m not trying to sell anything...You either comprehend it or you don?t...It took me 8 years... This is just info I put here...I have my hands full on other boards putting scoffing idiots in their place... I know more than bankers and economists... They are clueless...just pigs at the trough... Hypertiger on stool, few years back Link to comment Share on other sites More sharing options...
linrom Posted September 18, 2007 Report Share Posted September 18, 2007 I don't think much of Ben. Either he is a fool or irrationally arrogant. Why else would anyone agree to sign on as fed head knowing they would inherit Algae's legacy? My PMs, on the other hand, may prove to be very big Ben fans. 608667[/snapback] He looks unstable. Link to comment Share on other sites More sharing options...
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