Hiding Bear Posted March 9, 2004 Report Share Posted March 9, 2004 So far, $3.5 B repos, $3 billion less than $6.5B yesterday. Fed has distinctively slowed down monetary expansion lately, possibly to offset the Japanese or prepare for auctions later this week. Should make it easier for the market to go down - when it's ready to. PS. Sold TRP, reluctently, to raise cash for buying more bear funds. Link to comment Share on other sites More sharing options...
brian4 Posted March 9, 2004 Report Share Posted March 9, 2004 Window closing-that one was wonderful-BUT it is now a fair while till the next one and what happens here is key-if we break 1142 we drop hard over 1145 they can bounce it hard in between those two numbers is no mans land-just noise. Link to comment Share on other sites More sharing options...
brian4 Posted March 9, 2004 Report Share Posted March 9, 2004 stop 1148 Link to comment Share on other sites More sharing options...
brian4 Posted March 9, 2004 Report Share Posted March 9, 2004 Small 10 minute window opening now. Link to comment Share on other sites More sharing options...
zensmoke Posted March 9, 2004 Report Share Posted March 9, 2004 J Fed Conducts TIPS Pass; Seeks Dealer Bids By 11 AM EST NEW YORK (Dow Jones)--The Federal Reserve Bank of New York confirmed Tuesday that it is buying outright U.S. Treasury-inflation indexed securities, known as TIPS, maturing Jan. 15, 2007, through April 15, 2032. The Fed said it's seeking dealer responses by 11 a.m. EST (1600 GMT). The securities will be for delivery Wednesday. The Fed said there is one exclusion to the pass. The Fed periodically buys outright TIPS - commonly known in the market as a "TIPS pass" - to permanently add reserves to the banking system. -By Agnes T. Crane, Dow Jones Newswires; 201-938-2122; [email protected] Dow Jones Newswires Link to comment Share on other sites More sharing options...
HiHat Posted March 9, 2004 Report Share Posted March 9, 2004 BUY 10 esmini @ 1141.50 SELL @ 1144.....+2.50 Link to comment Share on other sites More sharing options...
brian4 Posted March 9, 2004 Report Share Posted March 9, 2004 window closing-now it is on its own for a fair while-any drop now below 1142 and we can turn out the lights. As long as we hold under 1145-everything is on track. Link to comment Share on other sites More sharing options...
Hiding Bear Posted March 9, 2004 Report Share Posted March 9, 2004 What default? Argentina Stocks Rising; Mkt Firm Despite Default Threat DOW JONES NEWSWIRES BUENOS AIRES -- Argentine stocks were rallying early Tuesday as calm descended on the market over whether the government will make a $3.1 billion payment to the International Monetary Fund later this afternoon. At 1535 GMT, the large-cap Merval Index was 2.6% higher at 1,179.51 points. The broader General Index was up 1.7% to 51,700.19. Volume was ARS19.8 million, with all of that traded in local shares. The local currency market was also calm, with the peso trading at ARS2.9325 - modestly stronger than its close of ARS2.935 on Monday The Merval had dropped 4.5% in the last three sessions as investors feared President Nestor Kirchner would follow through on a threat to default on the $3.1 billion payment due Tuesday afternoon. Late Monday, the IMF gave the government a new draft letter of intent containing certain commitments regarding Argentina 's treatment of foreign bondholders. An Economy Ministry spokesman said Kirchner is considering the draft but "differences still exist" between the government and the IMF. Kirchner has said he won't pay the $3.1 billion payment unless he gets a signal that the IMF will approve the second review of the country's financial program. That approval would release future funds to offset Tuesday's payment. Link to comment Share on other sites More sharing options...
HiHat Posted March 9, 2004 Report Share Posted March 9, 2004 TRIN....1.93 staying high Link to comment Share on other sites More sharing options...
zensmoke Posted March 9, 2004 Report Share Posted March 9, 2004 Comp is green Link to comment Share on other sites More sharing options...
zensmoke Posted March 9, 2004 Report Share Posted March 9, 2004 Janet's chest could be worth 500,000 doollers soon. OK OK....the whole chest might be worth 1 mil. Senate Committee Passes Bill to Raise Fines for TV Indecency March 9 (Bloomberg) -- The U.S. Senate Commerce Committee approved a bill to stiffen penalties against television and radio broadcasters for indecency, sending it to the Senate floor. A similar bill was passed last week by the House Commerce Committee after 530,000 complaints were filed with federal regulators about the exposure of Janet Jackson's breast during the Super Bowl halftime show. The full House is scheduled to vote later this week on the bipartisan legislation, which has been endorsed by President George W. Bush. http://quote.bloomberg.com/apps/news?pid=1...CGtAAI&refer=us *DJ Senate Indecency Bill Could Boost Fine To $500,000 Dow Jones Newswires Link to comment Share on other sites More sharing options...
Guest Posted March 9, 2004 Report Share Posted March 9, 2004 ADVDECV looks like Bareister's dangling snake! http://finance.lycos.com/qc/stocks/charts....R=3&CST_Scale=1 Link to comment Share on other sites More sharing options...
HiHat Posted March 9, 2004 Report Share Posted March 9, 2004 TRIN up to 2.02.........internal bleeding Link to comment Share on other sites More sharing options...
summoner Posted March 9, 2004 Report Share Posted March 9, 2004 Poppin in for a lunchtime break.....all my golds smokin higher, MWY looking good for adding to the LTBH, GMR consolidating for its next leg higher......just added 10,000 shares ....TRADE SAFE Cant wait till my vacation to hang at B4 the bell .......will be poolside with my wireless connection.....ah technology Link to comment Share on other sites More sharing options...
Guest Posted March 9, 2004 Report Share Posted March 9, 2004 http://www.wavsite.com/sounds/61193/wiley03.wav Link to comment Share on other sites More sharing options...
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