Jump to content

IDS World Markets Fri 27th February 09


Recommended Posts

  • Replies 419
  • Created
  • Last Reply

Forensic analsis leads me to conclude that there will be a huge gap down followed by a shocking turnaround. You see I believe the PPT still exists - its just that their objectives are now to support the sale of 2T of treasuries. In the brief windows between treasury auctions - the stock market has to be supported. Then a day or so befor the next big issuance- create "risk aversion" and equity market panic - to sucker in the few straggers out there into treasuries.

We just completed another successful treasury week - as of yesterday. Govt has just done their first big bank internationalization. Must not be percieved to be an abject failure.

 

Once all remaining available dollars are sucked into treasuries- almost there i think- then treasury rates will be allowed to rise dramatically along with stocks. Who will buy these new treasuries - the Banks of course. With the huge excess reserves they have. Great way to finance the goobmint and recapitalize the banks. Imagine the profits in borrowing at 1% and buying 8% ten yr treasuries!!

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...