MrHanky Posted October 6, 2010 Report Share Posted October 6, 2010 Shorts scared to death,for good reason. Link to comment Share on other sites More sharing options...
Dharmaeye Posted October 6, 2010 Report Share Posted October 6, 2010 Doug Casey http://www.financialsense.com/financial-sense-newshour/guest-expert/2010/10/04/01/doug-casey/a-conversation-with-doug-casey Link to comment Share on other sites More sharing options...
swordfish Posted October 6, 2010 Report Share Posted October 6, 2010 Doc, Here is your chart: I add this: My comment to both chart - we see diminishing effect of FED pumping lately (we should be at 1500 SPX now). The same story goes with debt - check second chart. I start to thinkin that the engine is broke, if they want a effect they need to pump more and more like 3-5 trillions USD per year! More over, 1,2 trillion is one year deficit for USD, so bigger program means almost printing money for goverment. a road to hiperinflation to me. If they dont want to cross that "thin" line of hipper inflation then, they will say 500 bln-1trillion - this will buy some time, if that wont help - doom! Link to comment Share on other sites More sharing options...
swordfish Posted October 6, 2010 Report Share Posted October 6, 2010 10 years bonds sitin againon 2.40 hahahahha amazing. maybe reversal comin. I still hope so. still holdin those shorts. Link to comment Share on other sites More sharing options...
phatbubble Posted October 6, 2010 Report Share Posted October 6, 2010 Boy dunt it sure look like the Fed crashed the economy in 2008? Where's Shorty Link to comment Share on other sites More sharing options...
swordfish Posted October 6, 2010 Report Share Posted October 6, 2010 Boy dunt it sure look like the Fed crashed the economy in 2008? Where's Shorty it looks true, liquidity has gone first, then comes crisis. Link to comment Share on other sites More sharing options...
Slappy Posted October 6, 2010 Report Share Posted October 6, 2010 There were two news items this past week that should create a boost for the economy. First, the big banks have put a hold on further foreclosures in 23 states. Second, rumors that the paperwork on all mortgages from the MBS era is so shoddy that foreclosure is impossible. My guess is this will create a whole lot more free cash at the Mr./Ms. Fedupwithit level. Cash that will be spent in the rest of the economy. Watch holiday sales beat expectations. Link to comment Share on other sites More sharing options...
MrHanky Posted October 6, 2010 Author Report Share Posted October 6, 2010 I think I blew A head gasket on that last minute rampfest...... Not that I wasn't expecting it. Link to comment Share on other sites More sharing options...
specie Posted October 6, 2010 Report Share Posted October 6, 2010 Doc, Here is your chart: I add this: My comment to both chart - we see diminishing effect of FED pumping lately (we should be at 1500 SPX now). The same story goes with debt - check second chart. I start to thinkin that the engine is broke, if they want a effect they need to pump more and more like 3-5 trillions USD per year! More over, 1,2 trillion is one year deficit for USD, so bigger program means almost printing money for goverment. a road to hiperinflation to me. If they dont want to cross that "thin" line of hipper inflation then, they will say 500 bln-1trillion - this will buy some time, if that wont help - doom! seems to me the pink line has a lot of catching up to do with the blue and green lines that would be one helluva rally zimbabwe r us Link to comment Share on other sites More sharing options...
Jorma Posted October 6, 2010 Report Share Posted October 6, 2010 Buy every dip until they announce the QE plans?Feels like March 09 all over again. In March 09 the market was at multi year lows. Most money was frozen. Prices among all asset classes were in the pits. Now every possible piece of crap that is traded is flying. While Doc is obviously correct we don't need any stinking QE the thought that it is going to happen is mind boggling. If Ben doesn't start walking back QE expectations on Friday, keeping in mind the famous chart above, it's impossible not to imagine a destabilizing meltup. We are in uncharted territory. On the daily thread somebody posted remarks by Timmy about destabilizing inflation caused by the currency race to the bottom. So it is obvious this is now on the radar and let's face it, QE is a direct attack on the dollar with intent. Link to comment Share on other sites More sharing options...
Ben Had Posted October 6, 2010 Report Share Posted October 6, 2010 Doug Casey http://www.financial...with-doug-casey Boy that was uplifting! Nothing like telling it like it is. He is dead on. The United States of America is gone - kaput - finished. Evil and stupidity are the cornerstones of the new United States. I guess our founding fathers weren't as smart as we are told they were. Gotta go. Dancing with the Stars is coming on. When does American Idol start back up? Link to comment Share on other sites More sharing options...
Jorma Posted October 6, 2010 Report Share Posted October 6, 2010 The Ohio Attorney General just filed suit against GMAC seeking $25K for each false filing in the 'robo signing' foreclosure process. A pure political play but sometimes good politics is good policy. More states are doing this and it isn't the sort of thing where Diamon calls Timmy and things get worked out. Link to comment Share on other sites More sharing options...
Ben Had Posted October 6, 2010 Report Share Posted October 6, 2010 The Ohio Attorney General just filed suit against GMAC seeking $25K for each false filing in the 'robo signing' foreclosure process. A pure political play but sometimes good politics is good policy. More states are doing this and it isn't the sort of thing where Diamon calls Timmy and things get worked out. Who gets the $25K? I'll bet it isn't the person that was foreclosed on! Link to comment Share on other sites More sharing options...
Jimi Posted October 6, 2010 Report Share Posted October 6, 2010 seems to me the pink line has a lot of catching up to do with the blue and green lines that would be one helluva rally zimbabwe r us Transmission belt is shot. Link to comment Share on other sites More sharing options...
specie Posted October 6, 2010 Report Share Posted October 6, 2010 Transmission belt is shot. good one Link to comment Share on other sites More sharing options...
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