It Was About Nothing

[DrStool]

Nothing

 

1/13/03 There was a whole lotta nothin' goin' on in the market on Monday. Doc felt like he was watching an episode of Seinfeld. Or playing his favorite video game -- Pong. But it was an important day nevertheless, one where the market took another step close to an infartion point.

 

Doc talks about the infartion point and covers the usual road kill rundown, including intraday, short term, and intermediate outlook,?as well as hot pictures of naked stock charts, Uncle Buck and the Golden Stool. Stoolies, log in. If you're not a stoolie already, become one Now!?Click the link below.

[Guest yobob1]

If the 6 month cycle turns up from the zero line or above, this would signal a strong move up in yields. The refi boom will turn to bust, and the financial system will begin to collapse.

 

This is pretty obvious to us and anyone with half a brain. Don't you think it's also very obvious to the boys at the feed and the GSE's? You betcha. Can they afford to let this happen? Absolutely not. So how will they fight this?

 

We are at inflection points in many markets. Gold is hoovering near it's supposed breakout point($354.50). Uncle Buck is looking to slide under the sheets(1.00). Equities are once again priced to reflect a 150% gain in earnings. CRB is inching higher as people heat map the money and go to "things", regardless of fundamental demand and available supply.

 

Perhaps the feed inspired this move to de-tax dividends (hoping to salvage the blue chips) because they know they cannot support equities without screwing bonds and Uncle Buck.

 

In spite of the apparent complacency and calm, we are balnced on a razor's edge. Any ten sigma event at this point will jiggle the razor and cut us in half.

[Hypertiger]

When they do get around to throwing in the towel some sort of "event" will show up to provide cover... I just can't see the top accepting "FULL" responsiblity for their actions... Just look at Ken Lay... Scott free. The finger has never been pointed at the FED and is forbidden. Maybe this time will be different but that is just hope...