stevieo Posted January 22, 2008 Report Share Posted January 22, 2008 Bernanke a smart guy? I think he wakes up nights dreaming of a run on a major US bank. Rate cuts would take too long to fix this problem. It wouldn't shock me if there was a small or no cut at the scheduled meet, and then only dragging him kicking and screaming. With no reserves left to borrow, some real balance sheet action has to come from somewhere, and that souds like foreigners, who don't want the pes... err... dollar to tank. Anyway, I'm not betting on any big time or emergency cuts. My money's on the Fed standing ready to use unusual measures of inactivity. Link to comment Share on other sites More sharing options...
lineup32 Posted January 22, 2008 Report Share Posted January 22, 2008 http://www.moneycontrol.com/Crapvisiontv18/live_...e_videohigh.php live feed from India..a hoot Link to comment Share on other sites More sharing options...
Private Skidmark Posted January 22, 2008 Report Share Posted January 22, 2008 Looks like the Nikkei closed at the day's earlier low? -752.89 Link to comment Share on other sites More sharing options...
Private Skidmark Posted January 22, 2008 Report Share Posted January 22, 2008 http://www.moneycontrol.com/Crapvisiontv18...e_videohigh.php live feed from India..a hoot 639035[/snapback] The board changes the link automatically to crapvision. Should substitute c-n-b-c for crapvision, without the "-". Link to comment Share on other sites More sharing options...
elh Posted January 22, 2008 Report Share Posted January 22, 2008 If there are no shares to short, you can bet we are going a lot lower. The options take care of themselves with exploding implieds. In my best imagined scenario, I see how a U.S. holiday would be the perfect time to start things rolling. The barn doors get locked, everyone is in, and the match is lit. Link to comment Share on other sites More sharing options...
Private Skidmark Posted January 22, 2008 Report Share Posted January 22, 2008 India is approaching the earlier lows now after trading resumed. Thanks for that link! Link to comment Share on other sites More sharing options...
Private Skidmark Posted January 22, 2008 Report Share Posted January 22, 2008 Indian Crapvision anchorette just referred to "serious midcap wretching." Link to comment Share on other sites More sharing options...
elh Posted January 22, 2008 Report Share Posted January 22, 2008 The twits behind this proposal will be responsible for the abrupt cessation of the availability of credit in the marketplace. Whatever funds remain to be lent will be astronomically expensive... MORONS!!! 639031[/snapback] Doesn't matter. It's going sharply higher regardless. The debt has to be liquidated and can never be repaid. Link to comment Share on other sites More sharing options...
Private Skidmark Posted January 22, 2008 Report Share Posted January 22, 2008 Truly a global 1929. Link to comment Share on other sites More sharing options...
Private Skidmark Posted January 22, 2008 Report Share Posted January 22, 2008 Indian Sensex makes new low for the day. Indian midcap index down 15.2% just today. Link to comment Share on other sites More sharing options...
Private Skidmark Posted January 22, 2008 Report Share Posted January 22, 2008 It's amazing to me how the US futures really haven't budged much over the carnage that has occurred overseas Tuesday. Link to comment Share on other sites More sharing options...
elh Posted January 22, 2008 Report Share Posted January 22, 2008 Looks like the predicted double top in the EUR-USD is finished. Link to comment Share on other sites More sharing options...
elh Posted January 22, 2008 Report Share Posted January 22, 2008 Yen hourly chart looks like the stage is set for more de-leveraging. Not that I have to tell you what you already know. Link to comment Share on other sites More sharing options...
Jimbo Posted January 22, 2008 Report Share Posted January 22, 2008 ASX NOW DOWN 25% Over last three months Ben will now have to go into overdrive on the rate cuts. On the subject of the sovereign fund bail outs - Why isnt the smart american money also helping out. Is it because its too smart? They after all of all people would know what the financials are really worth. Suggests the financials will will have another leg down sometime in the future. All this selling is classic margin man selling. Working its way down the leverage curve. Link to comment Share on other sites More sharing options...
DrStool Posted January 22, 2008 Author Report Share Posted January 22, 2008 Found this Hypertiger blog again. It sure sounds like him but I get confused by the Cheryl-Lynn? Rose Henderson by-line. Apparently Hypertiger is posting from a cave in Afghanistan. 639000[/snapback] She's a ripoff artist. Hypertiger was a Canadian, a male, and a computer builder. Link to comment Share on other sites More sharing options...
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