Guest Posted May 7, 2004 Report Share Posted May 7, 2004 At least the homebuilders are having a normal reaction. Link to comment Share on other sites More sharing options...
Jimi Posted May 7, 2004 Report Share Posted May 7, 2004 SCrew all this. THis is just utter total bullshit. Link to comment Share on other sites More sharing options...
the east is red Posted May 7, 2004 Report Share Posted May 7, 2004 Ted Spread is widening suggesting dislocation Where can I please get a chart indicating just how spread is TED? Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 and millions of sheeple will ask their shills: "With that job number how can it be that stocks go down? And the shills will say: "profit taking", they always say this when they have no clue what is going on, ah, not correct i forgot "geopolitical risk" is also very common. Idiots. Well, how would you explain the action... I was short the futures on the DAX, FTSE and the SPX all the way down before the open. Then we got price rejection on the SPX @ the lows of yesterday... The low yesterday was also on lighter volume than last time we were down there and that was my clue to close all shorts. You need volume to push a market both up and down. If you don't have volume there's no conviction and we're left with a trading range... Link to comment Share on other sites More sharing options...
the east is red Posted May 7, 2004 Report Share Posted May 7, 2004 Absolute carnage in the bond market - have to go back to last summer to see the same type of liquidation All spreads blowing out big time - emerging markets puking, corporates puking, mbs puking, agencies puking... All street firms now calling for a tightening at the June meeting. We will get long towards the end of month Thanks for the info. Much appreciated. Link to comment Share on other sites More sharing options...
Jimi Posted May 7, 2004 Report Share Posted May 7, 2004 I remember reading once that one should always fade the first 30 minutes of trading. I'm going to do that today for anger management reasons. Higher Rates = Bullish Lower Rates = Bullish It's simple, really. Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 typical bear punishment friday run'em outta their stock shorts, and slam their metals have a nice weekend courtesy of gov't, funds, Merrill Link to comment Share on other sites More sharing options...
Bearman Posted May 7, 2004 Report Share Posted May 7, 2004 first weak shorts out... Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 i think all we have so far is unwinding all the huge bet all the big players made for this mornings number later today or monday some of them will look around and wonder what happened i tink Link to comment Share on other sites More sharing options...
the east is red Posted May 7, 2004 Report Share Posted May 7, 2004 1 year treasury now 1.80. That's 100 bp's since last summer's low. Farewell To ARMS Now that's wit. Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 I guess if higher interest rates are good for the market,higher fuel prices must be even better for it. We live in the wonderful new era of "nothing matters". Higher interest rates don't matter. Higher oil prices don't matter. Deficits don't matter. War doesn't matter. Personal debt doesn't matter. Inflation doesn't matter. Bankruptcy doesn't matter. Just buy stocks and be happy. I love this new world stuff. Link to comment Share on other sites More sharing options...
Guest Posted May 7, 2004 Report Share Posted May 7, 2004 I remember reading once that one should always fade the first 30 minutes of trading. I'm going to do that today for anger management reasons. Higher Rates = Bullish Lower Rates = Bullish It's simple, really. Jimi -- MTG and NFI seem to be yelling "short me". IMO Link to comment Share on other sites More sharing options...
BarBu Posted May 7, 2004 Report Share Posted May 7, 2004 .. Link to comment Share on other sites More sharing options...
Bearman Posted May 7, 2004 Report Share Posted May 7, 2004 unstable mk action today LOB Link to comment Share on other sites More sharing options...
the east is red Posted May 7, 2004 Report Share Posted May 7, 2004 I guess if higher interest rates are good for the market,higher fuel prices must be even better for it. We live in the wonderful new era of "nothing matters". Higher interest rates don't matter. Higher oil prices don't matter. Deficits don't matter. War doesn't matter. Personal debt doesn't matter. Inflation doesn't matter. Bankruptcy doesn't matter. Just buy stocks and be happy. I love this new world stuff. Prozac Nation? Link to comment Share on other sites More sharing options...
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