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Stoolies gave the sell signal.....


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Posted

ok call me what you will but

 

i used to think IRX going to zero meant an imminent market.... crash

now i'm so much more wiser

 

now that the IRX is skying over 1 headed for ....50

 

it's gonna cause the market to ... crash

Posted

ES getting propped AH ... up over 4 bucks

 

On volume right at the bell

 

Quads up 10 cents AH

 

 

Make that 17 cents

 

Wouldn't it be interesting if the Dow dropped a thousand more points in a week or so, but every day during the decline, the ES rose 4 bucks or more during the 10 or 15 minutes after the bell.

Posted

Wouldn't it be interesting if the Dow dropped a thousand more points in a week or so, but every day during the decline, the ES rose 4 bucks or more during the 10 or 15 minutes after the bell.

Anything is possible :ninja:

 

Someone is in there still buyin em,I don't know if there is any "news".

 

 

AH pretty meaningless,we could be lock limit down by the morning :lol:

Posted

it's a markit of stocks, not a stock market

flush down the terlet diluted suckercrapcommon excrement like AAPL

dong fresh exciting possibre 10x monbackers like PEIX

MarkyMark feel free to reampost this hottiechart

and lemme know when RE bottoms, thanks, Shorty

post-2457-12669627584178.png

Posted

Throw another 25 billion a week into the Treasury supply for the next 8 weeks.

 

WASHINGTON (MarketWatch) --The Treasury Department announced Tuesday that it is expanding its Supplementary Financing Program to help the Federal Reserve manage its enormous balance sheet. In a statement, Treasury said it will boost the SFA to $200 billion from its current level of $5 billion. The fund had been up to $200 billion but was scaled back when Congress delayed passage of an increase in the debt limit. Now that an expansion of the debt limit has been signed into law, the department is able to resume the program. Starting on Wednesday, Treasury will conduct the first of eight weekly $25 billion 56-day SFP bills to restore the program.

 

http://www.marketwatch.com/story/treasury-to-expand-supplementary-financing-program-2010-02-23-12180

 

Jesse discusses.

 

http://jessescrossroadscafe.blogspot.com/2010/02/treasury-to-resume-monetization-of-feds.html

 

The logic of doing this escapes me except as one more little step to putting corporate yields below Treasuries. Of course Doc thinks the Fed and Treasury are dedicated to keeping Treasury rates low whereas I think they want the Treasury to be subservient to the banks, forever more.

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