BeerMarket Posted November 14, 2003 Report Share Posted November 14, 2003 PPI up .8 vs exp up .2 corpse rate up .5 Retail sales down .3 (oct) (wow, how did that get released?) Link to comment Share on other sites More sharing options...
Idumpdaily Posted November 14, 2003 Report Share Posted November 14, 2003 Squawkboxers : "Ignore those numbers" Link to comment Share on other sites More sharing options...
machinehead Posted November 14, 2003 Report Share Posted November 14, 2003 PPI up .8 vs exp up .2corpse rate up .5 Retail sales down .3 (oct) (wow, how did that get released?) "Yes, we have no inflation." President Johnson's Guns and Butter, Great Society, Vietnamization policy is in total shambles. "Mah friends and fellow Merkins ..." bwa ha ha ha ha Link to comment Share on other sites More sharing options...
Slothrop Posted November 14, 2003 Report Share Posted November 14, 2003 Silver reacting to the inflation news, but gold is going the wrong way. Link to comment Share on other sites More sharing options...
Sphinxter Posted November 14, 2003 Report Share Posted November 14, 2003 PPI up .8 vs exp up .2corpse rate up .5 Retail sales down .3 (oct) (wow, how did that get released?) Clearly, the appropriate market response will be a steep fall in the gold price coupled to a tidy rally in bonds. And a HUGE rally in the retail sector a la Ford following the debt downgrade. All bad news is bullish. Up is down. Wrong is right. Welcome to the machine. Link to comment Share on other sites More sharing options...
scottcardiff Posted November 14, 2003 Report Share Posted November 14, 2003 WTF with the inflation numbers. 10% annual inflation is about right. Still a little low. 10 years at 4.3% yield seems about right. What a complete joke. Perfect day for an upside breakout. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted November 14, 2003 Report Share Posted November 14, 2003 Silver reacting to the inflation news, but gold is going the wrong way. Adding to my 10 year short. The bond market is starting to wake up. Link to comment Share on other sites More sharing options...
buttugly Posted November 14, 2003 Report Share Posted November 14, 2003 Greenspan has really done it now. A perfect sustainable economic platform to launch Bush who knows where? Link to comment Share on other sites More sharing options...
machinehead Posted November 14, 2003 Report Share Posted November 14, 2003 WTF with the inflation numbers. 10% annual inflation is about right. Still a little low. 10 years at 4.3% yield seems about right. What a complete joke. Perfect day for an upside breakout. 'Pricing power,' dontcha know? For every thing spin, spin, spin There is a season spin, spin, spin Link to comment Share on other sites More sharing options...
wndysrf Posted November 14, 2003 Report Share Posted November 14, 2003 Gold can spike down and retest the breakout area, which is around $390. As usual, bull markets will try to buck off as many participants as it can, frustrating everyone but the buy and holders. The more volatility and setbacks, the better. It will just keep more people out of the gold market until we reach the Parabola Stage, where everyone will want to jump on once gold surpasses $500. Nobody wants gold at sub $400. But everyone will be clamoring for it at $550, $700, $900, etc. Link to comment Share on other sites More sharing options...
Hiding Bear Posted November 14, 2003 Report Share Posted November 14, 2003 PPI up .8 vs exp up .2corpse rate up .5 Retail sales down .3 (oct) (wow, how did that get released?) Clearly, the appropriate market response will be a steep fall in the gold price coupled to a tidy rally in bonds. And a HUGE rally in the retail sector a la Ford following the debt downgrade. All bad news is bullish. Up is down. Wrong is right. Welcome to the machine. Clearly the 0.2% PPI expectation was made by those who literally believe in what the Fed is saying, for some strange reason. Declining money supply and liquidity should show up first in retail sales and lastly in internationally traded commodities. The Fed will be on the batphone a lot soon, but won't accomplish much unless they start giving money away for free. Meanwhile long bond rates should continue their move higher as overall market liquidity falls and new Treasury supply keeps coming to market. Link to comment Share on other sites More sharing options...
Guest Posted November 14, 2003 Report Share Posted November 14, 2003 Crapvision pumping weekend pro football picks? WTF Link to comment Share on other sites More sharing options...
wndysrf Posted November 14, 2003 Report Share Posted November 14, 2003 Nobody wanted Soybeans under $180 Now everyone is Heatmapping it at $240 Link to comment Share on other sites More sharing options...
Guest jrmfl Posted November 14, 2003 Report Share Posted November 14, 2003 some thougths on PMCS appreciated. approaching one of those hedge the shorts points again... tia. Link to comment Share on other sites More sharing options...
wndysrf Posted November 14, 2003 Report Share Posted November 14, 2003 Crapvision pumping weekend pro football picks? WTF No different than the free food and drinks offered at Vegas. Along with the regular parade of Hookers throughout the casino floors. Anything and everything to keep you glued to the craps table. Link to comment Share on other sites More sharing options...
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