B4 The Bell, Thursday May 6

[EasyAl]

Rubin agrees it will be a while before this market turns sour. "It'll continue as long as interest rates continue to be low," he says. Contrary to popular wisdom -- and the bond market -- which expects interest rates to creep up in the near future, Rubin goes so far as to suggest there won't be a rate increase in the U.S. (which can trigger a copycat jump in Canada) at all this year. "Never in the history of the Federal Reserve Board has it raised rates during an election year," Rubin says. In Canada, not only are interest rates not going up, they may come down further, he predicts. "As long as interest rates stay at these levels, the housing market will continue to defy what normally are fundamental constraints."

 

 

Analysis of these three election years clearly proves three facts: First, the Federal Reserve has maintained tough, neutral and accommodating monetary policy over the last three elections. Second, interest rates have been increasing, steady and decreasing during these election years. Finally, whether interest rates are increasing or decreasing appears to have no impact on the outcome of a presidential election.

This guy was clearly lying. The year 2000 was an election year. The Fed actually pushed up the short term rate by 100 basis points between January and May of the year.

[mjkst27]

GM working on a downside gapfill from last week.

[Guest]

Buck up me hearties,

 

This is showing the direction at the present.

 

http://finance.lycos.com/qc/stocks/charts....R=3&CST_Scale=1

[longOnUranus]

closed a sentinel SPX put at ask in a nanosecond just now...spx was actually ticking up at the time...doesn't happen very often...VIX up a lot higher than market is down...someone wants puts REAL bad

[Guest]

Rubin agrees it will be a while before this market turns sour. "It'll continue as long as interest rates continue to be low," he says. Contrary to popular wisdom -- and the bond market -- which expects interest rates to creep up in the near future, Rubin goes so far as to suggest there won't be a rate increase in the U.S. (which can trigger a copycat jump in Canada) at all this year. "Never in the history of the Federal Reserve Board has it raised rates during an election year," Rubin says. In Canada, not only are interest rates not going up, they may come down further, he predicts. "As long as interest rates stay at these levels, the housing market will continue to defy what normally are fundamental constraints."

 

 

Analysis of these three election years clearly proves three facts: First, the Federal Reserve has maintained tough, neutral and accommodating monetary policy over the last three elections. Second, interest rates have been increasing, steady and decreasing during these election years. Finally, whether interest rates are increasing or decreasing appears to have no impact on the outcome of a presidential election.

This guy was clearly lying. The year 2000 was an election year. The Fed actually pushed up the short term rate by 100 basis points between January and May of the year.

What does one expect from the Political Arm in the White House? Truth?

 

These people are making policy, not the Department Heads.

[brian4]

VXO is at 17.97 we break 18 and we crash-it hasn't been over 18 in a year.

[Lock Limit Down]

VXO is at 17.97 we break 18 and we crash-it hasn't been over 18 in a year.

I am showing VXO over 22 March 22

Is my data bad??

[brian4]

Opening now for 70 minutes-here we goooooo doooooowwwwnnnn!

[brian4]

stop 1119

[Guest]

B4, Please contain your excitement... -

[Direwolf]

MTG short working quite nicely............

[Guest]

10:38am 05/06/04

Broad stock market readings suggest heavy selling ($INDU, $COMPQ) By Tomi Kilgore

 

NEW YORK (CBS.MW) - The stock market's internal readings were suggesting the broad market may be even weaker than the major market indexes indicate. Declining stocks are trouncing advancers by a 2,513 to 461 margin on the NYSE and by a 2,200 to 588 score on the Nasdaq exchange. Volume of stocks losing ground was 302 million shares on the Big Board and 321 million shares on the Nasdaq, vs. up volume of 46.5 million shares and 122 million shares, respectively. The Dow industrials ($INDU) was last down 78 points at 10,233 and the Nasdaq Composite ($COMPQ) was shedding 23 points to 1,934.

[Guest]

5 downs n 3 ups.... oh boy

[mjkst27]

ahhh, much better. very impressive. golf clap fer da bears

[zensmoke]

QQV 23.38

VXN 25.53

VIX 17.14

VXO 17.97