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What do they know that we don't know?


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Basically those trades were NOT mistakes, someone called the CBOT and verified that the large sell trades trades were valid. Greg's press release confirms this. So someone is testing the market's strength. manipulating or just selling it. WOW!

Where did you get this info?

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Not forgetting this past experience, many professional investors have been rushing to buy, fearful that they'll miss out on a similar rally and hopeful that they'll have the acumen to get out if it turns on them. It is, thinks Merrill Lynch chief U.S. strategist, and big time bear, Rich Bernstein, a dangerous situation.

 

"People are dying to touch the hot stove again," he said. "They're looking at it and they're saying it can't be hot this time."

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Basically those trades were NOT mistakes, someone called the CBOT and verified that the large sell trades trades were valid. Greg's press release confirms this. So someone is testing the market's strength. manipulating or just selling it. WOW!

It certainly seems that some big money folk could take advantage of the correction process to make money in the associated markets when the s*it hits the fan.

They got my money yesterday.

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greenie promising to stay easy as long as it takes ... inflation no problem ... consumers getting rich from housing bubble ... tax cuts will incite them to spend even more ... junk bonds rallying ... biz leaders are the bad guys, refusing to invest ... still hyping the productivity miracle.

 

In short, we have achieved nirvana. Shame about the economy, though.

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Refi market disappearing right before our eyes.

 

10 year yield now at 3.80%

 

What are you going to do now Easy Al.

Doesn't seem to be bothering the homebuilders. They just keep buying and buying them. :unsure:

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