soup Posted January 5, 2004 Report Share Posted January 5, 2004 tehy can bullhorn all they want Mark, aint going to help the bonds, not unless they stand up and take their medicine and let stocks find their true value down in the 600's on the spx's. The fact that the HGX was down on pull out all the stops reflat the shit day is telling. These scumbag moron statists and a bunch freaking hacks. The true colors will be out there for all to see, someday. Just hope I am still around to relish in their fraud.l Link to comment Share on other sites More sharing options...
soup Posted January 5, 2004 Report Share Posted January 5, 2004 yes Virgina, even these skullfu##'s can not have it all. Actions have consequences! Link to comment Share on other sites More sharing options...
Guest Posted January 5, 2004 Report Share Posted January 5, 2004 Paraphrasing Greenie...note how he covers his ass at the end and totally contradicts himself: ""We don't have to worry about another bubble forming for a period of time since the ramifications are still being felt from the bursting of the last bubble....ALTHOUGH WHO KNOWS HOW FAST TIME FRAMES ARE MOVING THESE DAYS" Mark: I noticed that action on the builders and lenders. Thought about bailing on my NCEN bet, but staying pat for now. One monday ramp job does not make a market, and if anything is going to give, it's going to be mortgage rates. If they've figured out to repeal the laws of physics, I'll play along with them...I just don't yet know how they'll pull that one off. If they can push down mortgage rates, they can push down gold too, and walk on water for that matter. Link to comment Share on other sites More sharing options...
wndysrf Posted January 5, 2004 Author Report Share Posted January 5, 2004 SBUX short squeeze in the AfterHours underway...... Link to comment Share on other sites More sharing options...
soylentgreen Posted January 5, 2004 Report Share Posted January 5, 2004 If the dollar keeps falling at this rate, next G7 meeting will have in its agenda a stabilization of the dollar. Uropeans will join the BOJ with massive buying of TBonds. Greenspan will promise to calm things down in order to avoid the sm going ballistic. And, yes, Billy Bernanke will have to take a long holiday. Greenspan will get a cap on TBonds yields, and the rest of the world a respite in their apreciating currencies. Commodities are the blind spot in this scheme. Only a guess. Link to comment Share on other sites More sharing options...
Hypertiger Posted January 5, 2004 Report Share Posted January 5, 2004 Hyper, Commodities Bull market has not even commence and there is a lot more upside still outstanding. Placing one bet on deflationary scenarios at this point in time may not work. Butt paper collapse will be looked upon as bullish because overseas earnings will look like a gold mine. Real loose are the one still holding on to those Butt papers which don?t pay much in interest. Now that is deflation. Feed I've worked for a living and unless they legalize slavery and break out the whips the whole mess will disintergrate rapidly at some point...By 2005 at this rate even downs syndrome victims will be revolting and giving up...Where I live in Calgary the Economy is on superburn but the actual people that make it happen THE WORKERS Are starting to break down...at some point the top will just be whipping a dead horse...then what? Everyone you see is just putting on a show for you as you do for them...it is wearing thin... Link to comment Share on other sites More sharing options...
FeedFool Posted January 5, 2004 Report Share Posted January 5, 2004 "Markets hitting 15-year highs are telling us something. " Machine: they are telling us the statist morons at the fed will do everything and anythiong to keep the stock mkt rising, to hell with the consequences they are only concerned with their legacy. Whatever the fu** it takes to vindicate themselves via the national scoreboard. Personally I hate this crap, I hate debtors, I hate the irresponsible. In a word, I guess I hate this freaking system, and since I can not change, well ... " Fed is saying we don?t want your money and if u still insist and lend it to banks for no return then those banks will waste it on your behalf. Got to find some other use for those Toilet papers. Smart guys are doing something about those depreciating butt papers Link to comment Share on other sites More sharing options...
Jimi Posted January 5, 2004 Report Share Posted January 5, 2004 "Defending Fed Policy"?! "Defending Fed Policy"?! Someday we'll revisit these images, but the caption will read, "Defending the Indefensible." Please, someone identify the historical example of a country whose central bank let loose the hounds of easy credit and destroyed its currency as the obvious path to prosperity? Kant wrote of Permanent Peace; the history of this financial era will be remembered and loathed as one of Premanent Prosperity. The next Big Event will be the European reaction to our bumblin', stumblin' a-tumblin' dollar: at some point, they're going to squeal bloody murder. Their politicians have to stand for election too, and the effort of ours to purchase permanent incumbancy at the expense of European exporters is going to provoke a trans-atlantic t?te ? t?te something wicked. It was public and visceral disagreement about appropriate exchange rates between Pohl at the Bundesbank & Baker at Treasury that immediately preceded the 1987 crash. UFB the times we're witnessing. There's this ridiculously oversized circle peg that our officials in Washington DC just keep jamming into the square hole. If they move to save the dollar, they'll destroy asset prices. If they fail to defend the dollar, they'll eventually evoke the ire of foreignors who are financing the bid under asset prices. We appear so unbelievably screwed at this point from a macro perspective it makes my temple throb when I concentrate on it. Can it run on further? Sure: what the hell. It's going to be simply grotesque once this ends. Figure out your personal exit strategy & hope that at least part of it executes as planned... because a lot of it won't. On that you can bank. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted January 5, 2004 Report Share Posted January 5, 2004 (REUTERS) 7-ELEVEN INC <SE.N> SAYS TO OPEN STORES IN BEIJING, SURROUNDING PROVINCES REUTERS Big Gulps head to the far east.....Just what they need, racks of plastic shrink wrapped copies of Hustler and Playboy along with other assorted porn, Slurpees and 99 cent hot dogs. This reminds me of Zapata the fish oil company that threw a .com after their name and went into a boner. Everyone wants their piece of China. Ag Link to comment Share on other sites More sharing options...
BigWave Posted January 5, 2004 Report Share Posted January 5, 2004 No goodski - don't like seeing this kind of stuff in the Yahoo mainstrem financial press Americans up to their earholes in hock "The Depression generation is passing on, and we're losing their values," said Howard Dvorkin, president of the nonprofit Consolidated Credit Counseling Services in Fort Lauderdale, Florida. "Now we've got an entire generation that doesn't know anything about thrift and careful spending. It's tearing the fabric that made this country great." Greenscam does his part..keep sucking equity out of your house to pay your bills..when it's all gone, you can live under a bridge..that should help your household budget to balance.. Link to comment Share on other sites More sharing options...
Guest Posted January 5, 2004 Report Share Posted January 5, 2004 Here soup. If you need some gunplay do this instead. . . http://www.zooass.com/games/neverland/neverland.swf Link to comment Share on other sites More sharing options...
Hypertiger Posted January 5, 2004 Report Share Posted January 5, 2004 Hyper: the fed could have stopped this maddness in the 90's, but they did not have the backbone. They Could have stopped the madness in the 60's but they didn't...In the 90's if they stopped it then a hyperdeflationary implosion would have happened... They closed the gold window in 1971...everyone yawned, the end... Link to comment Share on other sites More sharing options...
Hiding Bear Posted January 5, 2004 Report Share Posted January 5, 2004 Hyper, Commodities Bull market has not even commence and there is a lot more upside still outstanding. Placing one bet on deflationary scenarios at this point in time may not work. Butt paper collapse will be looked upon as bullish because overseas earnings will look like a gold mine. Real loose are the one still holding on to those Butt papers which don?t pay much in interest. Now that is deflation. In the early 70s, commodity prices actually rose faster and across a much broader range - mostly as the after effects of the oil price shock. Relatively speaking, we haven't gotten that far yet. The Fed could actually allow signficant commodity price rises to encorage and develop an inflationary business atmosphere. This will increase credit demand. Although many things could go wrong with thier plan, and they probably will in 2004, temporarily the Fed needs to encorage new credit to halt the accelerating drop in the money supply. Link to comment Share on other sites More sharing options...
Jorma Posted January 5, 2004 Report Share Posted January 5, 2004 Long bond trashed? I see the TYX, 30 year index, down .01. TNX up .14. Link to comment Share on other sites More sharing options...
fxfox Posted January 5, 2004 Report Share Posted January 5, 2004 This will go on till the offcial policy changes. If there is no policy change by the FED, if there is no other central bank which raises its voice very sharply and critcizes the FED, if BoJ doesnt refuse to cooperate this "mania" will be unstopable. You see it every day in forex, every little spike in dollar gets shorted, NO ONE ON EARTH wants to hold dollars, Aussie Dollar and BRtish Pound go absolutely vertical, sometimes i wonder if AUD will one day fall across its own left shoulder or start trading in a parallel unioversum or something. The motto is inflate or die. Is is dollar inflation. But this can go on for a very very long time. The End said, it can even go on for decades, i dont think he is wrong about that. At least it can go on for years. Until every major player on this planet have no big probelm with that it will go on. Watch what FED, BoJ, ECB and so on are saying and respect G7 meetings. At such meetings the REAL decisions which counts are being made. Never forget that dollar horror downmove which started in 1985 was concerted G7 action. At a later stage all the traders jumped the train and just shorted the dollar, the shorted, shorted, shorted, shorted................. jsut the same as now. They wont stop until they get clear signs that they should do. So far they have green light. Link to comment Share on other sites More sharing options...
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