Guest Posted July 17, 2003 Report Posted July 17, 2003 . . . What is becoming increasingly clear after viewing Mr. Greenspan?s testimony on capital hill is that neither the Fed Chairman nor congress understands the nature of the problem which continues to be too much credit in the system. The Fed believes the problem is that not enough credit or liquidity has been added to the system. This is clear from examining recent Fed speeches and research reports. (I recommend reading the Dallas Fed research paper from May of this year and the 1999 research report on our Fed site.) Current monetary thinking at the Fed is that more aggressive monetary stimulus is needed to combat deflationary forces in the economy. The problem now for the Fed is that the economy is in danger of stalling again as industrial output declines. With interest rates close to zero conventional policy methods are losing their effectiveness. So the Fed is now actively studying unconventional policy methods from implementing a carrying tax on holding cash to monetizing assets . . .
Bird D Durr Posted July 17, 2003 Report Posted July 17, 2003 I love the RED..................in the futures...............................
Bearman Posted July 17, 2003 Report Posted July 17, 2003 Futures down looks like that straight dn Bradley waming up hope the little jam into the close caught some bull hide
RockLedge Posted July 17, 2003 Report Posted July 17, 2003 I find my myself scratching my head every time AMD reports earnings. How in the hell can AMD just run on massive losses, quarter after quarter. When does the shit stop, once & for all. America great or what?
DrStool Posted July 17, 2003 Report Posted July 17, 2003 gOOD mORNING AND gOOD sTOOL TO all. Oops. That's better. And Welcome To IDS where bears and bullish bears can slug it out togetherwith love! For those who prefer quieter examination of the bear case, there's Bear Zone Stool Number Two, where bears get to have their own Stool. No bull allowed. Please download your Golden Stool now. If you are unable to download your Golden Stool, Get relief RIGHT NOW! Take a subscribatory to all of your Anals. Please note the "Ads by Google" in the left column. Here on the content pages they are all public service ads, since Google does not have the opportunity to spider the pages to determine conent in advance. However, on the topic list pages there are a number of ads relevant to us. Please be sure to stop and have a look at them once or twice a day. There might be something there for you! I also want to remind you about the bookstore specials. Doc's bookstore carries almost all of the trading and investing books mentined here from time to time. When you have free time, please browse the bookstore and be sure to check out Dr. Stool's prescriptions. You can also show your support for the Stool by using the Pooper Scooper or Donate buttons. It's always good to leave a little behind for the Stool. Last but not least, if you are interested in fine tuning your timing, and who isn't, Stooltrading is the place for you. Doc gives constnat commentary and illustrations of intraday cycles with projections for highs lows and cycle time turns for the SPX and QQQ that are frequently right on the money. He also gives cmap targets for individual stocks by request. Plus, we do have a little fun in there, and several of your fellow stoolies share their charts and trading ideas as well. Always good to have "checks and balances." The more checks the more the balances. So take a subscribatory to Stooltrading RIGHT NOW, and increase your checks and balances! See you in Stooltrading.
machinehead Posted July 17, 2003 Report Posted July 17, 2003 It's a fine, cool sunny day in N.Y. But Mr. Marke has awoken in a terrible funk. He watched crestfallen as Uncle Al-hole promoted the same hoary myth to the jackal pack -- that inflation is measured by consumer prices, which remain depressed by overcapacity. Poor dim Uncle doesn't get it, that his 8% monetary growth is showing up in California house prices; in Chinese internet stocks; in rising bond prices (well, until he opened his big mouth, anyway). Thus the shortsighted Magoo has become one of the proverbial six blind men attempting to describe an elephant. Uncle Al-hole has no concept that the whole elephant does not resemble the floppy little bit that he's been trying unsuccessfuly to stroke back to its customary level of inflation. You call yourself a doctor, but you're just a quack, grumbles Mr. Marke. To hell with you, Uncle Al-hole. I'm going to visit my Uncle Bill this evening. He always asks where I'd like to go today ...
Ned38 Posted July 17, 2003 Report Posted July 17, 2003 Indeed Mr Machine. Here ---a short 30 or so miles from you----by the loveley beaches of the south shore of Long Island, I feel a nice cool breeze, and see extraordinarilly clear skies Perhaps it's time for the market to cool off and some clarity to enter the picture on Wall St. too
aureleus Posted July 17, 2003 Report Posted July 17, 2003 One of the reasons I like the DAX, is that is not as heavily managed as the US-Indices, and its currency has been stable. Now, have a look at all the classic chart-patterns, which seem to have been invalidated in the US: Rising wedge, return to neckline, return to previous swing high, long-downtrend intact. All in place. No violations. Kind regards
depends Posted July 17, 2003 Report Posted July 17, 2003 I'll be lurking on stooltrading all day. Last nights MtoM had some nice strategies by Pile for Vectorvest users. But don't rush over there because they were long strategies which we were backtesting through the PAST rally. I won't have time to post today I suspect as I can clumsy when I get excited. Noticed on dredge report that they want to jail music swapers. Is Ken Lay still on the street?
machinehead Posted July 17, 2003 Report Posted July 17, 2003 Careful what you say about Mr. Marke, Stoolies. You could be SUED - The family of Ben Martinez, 80, allege that Reverend Scott Mansfield said he was "living in sin," "lukewarm in his faith" and that "the Lord vomited people like Ben out of his mouth to hell." Nine members of the Martinez family are seeking punitive and compensatory damages for severe emotional and physical suffering. Short him to zero
Guest Posted July 17, 2003 Report Posted July 17, 2003 U.S. recession ended in November 2001 By Rex Nutting WASHINGTON (CBS.MW) - The recession is officially over. The business cycle committee at the National Bureau of Economic Research has concluded that the recession that began in March 2001 ended in November 2001. The committee is considered the unofficial historian of recessions and expansions. The committee uses a variety of economic indicators to judge peaks and valleys of economic activity, including quarterly gross domestic product estimates and monthly data on jobs, income, sales and output or Greenspan: No Strong Rebound from Shallow Recession http://story.news.yahoo.com/news?tmpl=stor..._recession_dc_1 you choose
Guest Posted July 17, 2003 Report Posted July 17, 2003 USD with a woodie PM's taking it in the anals.
RockLedge Posted July 17, 2003 Report Posted July 17, 2003 U.S. recession ended in November 2001 By Rex NuttingWASHINGTON (CBS.MW) - The recession is officially over. The business cycle committee at the National Bureau of Economic Research has concluded that the recession that began in March 2001 ended in November 2001. The committee is considered the unofficial historian of recessions and expansions. The committee uses a variety of economic indicators to judge peaks and valleys of economic activity, including quarterly gross domestic product estimates and monthly data on jobs, income, sales and output or Greenspan: No Strong Rebound from Shallow Recession http://story.news.yahoo.com/news?tmpl=stor..._recession_dc_1 you choose Just caught the blip on Crapvision... That was right before they started talking about gasoline & distillilate inventory. Hello? Capacity is at what? Inventories are building during the driving season? WHAT? How could that be? What a mess thats going to be... everybody hung out on very expensive crude...and no demand to refine it. (ahhh shit, screwed again) Lets see what happens to those margins on the west coast. Jane & John has stayed home this summer... wonder why?
richmtn Posted July 17, 2003 Report Posted July 17, 2003 USD with a woodie PM's taking it in the anals. Haywire Theory
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