Jetlag Posted August 25, 2009 Report Share Posted August 25, 2009 Re Volkner My WAG is that they want to shutdown what they labeled as the "shadow banking system" and keep the monopoly of the fractional reserve system in the Banks. "“They do funnel money to the commercial-paper market but they are just funneling money that would otherwise go to the banks, and it’s the banks’ business to make loans to those people,” Volcker said. " http://www.bloomberg.com/apps/news?pid=206...id=a5O9Upz5e0Qc If they liked it they would have called it the "financially innovated banking system" to begin with. Link to comment Share on other sites More sharing options...
Trader Joe Posted August 25, 2009 Report Share Posted August 25, 2009 Members of the "Fast Money" team pose for a pre-show pic Link to comment Share on other sites More sharing options...
Trader Joe Posted August 25, 2009 Report Share Posted August 25, 2009 Link to comment Share on other sites More sharing options...
Bungster Posted August 25, 2009 Report Share Posted August 25, 2009 Members of the "Fast Money" team pose for a pre-show pic Where'd you get that pic of me and my two closest trading buddy friends? Link to comment Share on other sites More sharing options...
Bungster Posted August 25, 2009 Report Share Posted August 25, 2009 My systems are on a go signal...prolly consolidation until the next pop.....looking to mid October before we might really get some fireworks fer bearz..... Link to comment Share on other sites More sharing options...
Ags Nightmare Posted August 25, 2009 Report Share Posted August 25, 2009 Members of the "Fast Money" team pose for a pre-show pic That guy on the left looks like "Joe" Eddie Munster with long hair Link to comment Share on other sites More sharing options...
phatbubble Posted August 25, 2009 Report Share Posted August 25, 2009 .. Link to comment Share on other sites More sharing options...
DrStool Posted August 25, 2009 Author Report Share Posted August 25, 2009 Dr. Bernanke Prescribes Proporfall by Lee Adler, Tuesday, August 25, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit I called this a Propofol market, but I like Sudaca’s (Capitalstool.com message boards) name for it even better- Prop-or-fall. It’s been injected with a powerful sedative. The question is who’s going to wake up dead, bulls or bears. The answer isn’t clear yet, but the charts suggest that bears… 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...
Trader Joe Posted August 25, 2009 Report Share Posted August 25, 2009 .. BWAHAHAHAHAHHAHAH Outstanding! Link to comment Share on other sites More sharing options...
Bungster Posted August 25, 2009 Report Share Posted August 25, 2009 Still looking constructive.... Link to comment Share on other sites More sharing options...
Ags Nightmare Posted August 25, 2009 Report Share Posted August 25, 2009 .. excellent Phat... "Interesting action today.....even though I could count the volume with two hands it's bullish!............ bulls want a pullback to get in and its just not happening and to the retail investors who missed rally...F**k You...Pay Me...it just doesn't get any better then this folks...that's it for trader talk here on the floor...back to you Moo" Link to comment Share on other sites More sharing options...
Trader Joe Posted August 25, 2009 Report Share Posted August 25, 2009 Still looking constructive.... Link to comment Share on other sites More sharing options...
mdporter Posted August 25, 2009 Report Share Posted August 25, 2009 Re Volkner My WAG is that they want to shutdown what they labeled as the "shadow banking system" and keep the monopoly of the fractional reserve system in the Banks. "“They do funnel money to the commercial-paper market but they are just funneling money that would otherwise go to the banks, and it’s the banks’ business to make loans to those people,” Volcker said. " http://www.bloomberg.com/apps/news?pid=206...id=a5O9Upz5e0Qc If they liked it they would have called it the "financially innovated banking system" to begin with. Banks need the money to stay solvent, so maybe "they" are thinking of totally shutting down the MM system. Denninger pointed out today that the banks are still in deep doo-doo with their loan losses. Link to comment Share on other sites More sharing options...
mdporter Posted August 25, 2009 Report Share Posted August 25, 2009 Wall Street may have discovered a way out from under the bad debt and risky mortgages that have clogged the financial markets. The would-be solution probably sounds familiar: It's a lot like what got banks in trouble in the first place. In recent months investment banks have been repackaging old mortgage securities and offering to sell them as new products, a plan that's nearly identical to the complicated investment packages at the heart of the market's collapse. “There is a little bit of deja vu in this,” said Arizona State University economics professor Herbert Kaufman. But Mr. Kaufman said the strategy could help solve one of the lingering problems of the financial meltdown: What to do about hundreds of billions of dollars in mortgages that are still choking the system and making bankers reluctant to make new loans. oops, they're doing it again! Link to comment Share on other sites More sharing options...
Jimi Posted August 25, 2009 Report Share Posted August 25, 2009 .. :lol: That's the ticket!! Link to comment Share on other sites More sharing options...
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