I_Am_Madness Posted December 6, 2007 Report Share Posted December 6, 2007 Every time they smack gold overnight, it comes back with a vengeance. Very bullish action. Link to comment Share on other sites More sharing options...
cwd Posted December 6, 2007 Report Share Posted December 6, 2007 Much ado about nothing. The deal will fall apart within days. It's unenforceable, will result in additional writedowns, trigger countless lawsuits, and the simple announcement of this deal will reduce the mortgage market to a shambles. The secondary mortgage market will cease to function. How do you price this stuff if the government can force a change of terms at will? 630515[/snapback] How do you undo the deal? Link to comment Share on other sites More sharing options...
K Wave Rider Posted December 6, 2007 Report Share Posted December 6, 2007 Looks like stick save on EUR/JPY Link to comment Share on other sites More sharing options...
DrStool Posted December 6, 2007 Report Share Posted December 6, 2007 A deal is just words. Meaningless. But the damage is done and can't be undone. No doubt about it. Link to comment Share on other sites More sharing options...
potatohead Posted December 6, 2007 Report Share Posted December 6, 2007 Every time they smack gold overnight, it comes back with a vengeance.Very bullish action. 630542[/snapback] isn't this whole mess the reason you buy gold? that is what irks me.... Link to comment Share on other sites More sharing options...
Drano Posted December 6, 2007 Report Share Posted December 6, 2007 Some selloff. It lasted at least 30 seconds. Link to comment Share on other sites More sharing options...
DrStool Posted December 6, 2007 Report Share Posted December 6, 2007 qqqq rebounds hard off the 5 day cycle MA right to the 3 day at 51.77 Link to comment Share on other sites More sharing options...
summoner Posted December 6, 2007 Report Share Posted December 6, 2007 Yea covered right before the interest rate announcement. Now watching the rUT like a hawk Link to comment Share on other sites More sharing options...
DrStool Posted December 6, 2007 Report Share Posted December 6, 2007 dow heads for test of high at 13467. ballgame, right there. Link to comment Share on other sites More sharing options...
potatohead Posted December 6, 2007 Report Share Posted December 6, 2007 more playdough DJ Fed Accepts $4 Bln In 14-Day RPs Type of transaction: 14-Day RPs Total accepted: $4 Bln Total submitted: $59.55 Bln Agency Collateral Operation Total accepted: $250 Mln Total submitted: $23.75 Bln Stop-Out Rate: 4.5% Weighted Average: 4.5% High-rate submitted: 4.5% Low-rate submitted: 4.15% Treasury Collateral Operation Total accepted: $3.45 Bln Total submitted: $9.85 Bln Stop-Out Rate: 3.9% Weighted Average: 3.98% High-rate submitted: 4.15% Low-rate submitted: 3.3% Mortgage-Backed Collateral Operations Total accepted: $300 Mln Total submitted: $25.95 Bln Stop-Out Rate: 4.55% Weighted Average: 4.55% High-rate submitted: 4.55% Low-rate submitted: 4.3% DJ Fed Accepts $8.25 Bln In Overnight RPs Type of transaction: Overnight RPs Total accepted: $8.25 Bln Total submitted: $40.7 Bln Agency Collateral Operation Total accepted: $2.9 Bln Total submitted: $17.25 Bln Stop-Out Rate: 4.57% Weighted Average: 4.58% High-rate submitted: 4.58% Low-rate submitted: 4.5% Treasury Collateral Operation Total accepted: $5.35 Bln Total submitted: $20.6 Bln Stop-Out Rate: 4.4% Weighted Average: 4.43% High-rate submitted: 4.43% Low-rate submitted: 4.25% Mortgage-Backed Collateral Operations Total accepted: None Total submitted: $2.85 Bln Stop-Out Rate: N/A Weighted Average: N/A High-rate submitted: 4.6% Low-rate submitted: 4.55% (Data was provided by the New York Federal Reserve Bank). Link to comment Share on other sites More sharing options...
DrStool Posted December 6, 2007 Report Share Posted December 6, 2007 equivalent on spx is 1489 Link to comment Share on other sites More sharing options...
Lemur Posted December 6, 2007 Report Share Posted December 6, 2007 Nice to see the homies move up strongly today. Shorts will be waiting (including me). Link to comment Share on other sites More sharing options...
bondtrader Posted December 6, 2007 Report Share Posted December 6, 2007 dow heads for test of high at 13467. ballgame, right there. 630550[/snapback] i know you all be thinking i was crazy when i said 13,700 is coming when we were at 12,900.... but really that is my target for this hail mary. Link to comment Share on other sites More sharing options...
DrStool Posted December 6, 2007 Report Share Posted December 6, 2007 spx has exceeded 3 day cycle projection of 1485, new projection looks 1491. . Link to comment Share on other sites More sharing options...
DrStool Posted December 6, 2007 Report Share Posted December 6, 2007 dow 3 day cycle projection looks 13485-500 Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.