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Posted

I have not been around,trying not to watch the markets too much....

 

Made a few $$$$ on my puts I bought weeks ago....very teeny profit.

 

Getting crushed on my Oil/gas stock...but position is small and I added a weee bit more this morning.

 

Huge move up in my muni's,record setting rally last few days for yields....Slowly selling them again.

Posted

Spanish and Italian 10-year yields are up nicely.

 

It looks like Europe's the issue again.

 

That didn't take long.

 

Yep, time for Benny to cut another check... :rolleyes:

Posted

Spanish and Italian 10-year yields are up nicely.

 

It looks like Europe's the issue again.

 

That didn't take long.

 

Tuesday’s release of the Federal Open Market Committee (FOMC) minutes (March 13 meeting) threw chilled water on market expectations for near-term additional quantitative easing. In Europe, Wednesday’s auction of Spanish 10-year bonds disappointed increasingly nervous markets. Demand for Spain’s debt has waned. This is a serious issue for a country suffering from deep recession, a troubled banking sector and ongoing borrowing requirements. Even from a bearish perspective, one would have expected the ECB’s massive liquidity operations to have bought Spain more than just a few short months. It’s the nature of inflationism that once commenced the “money printing” just becomes incredibly difficult to stop. Over the years, U.S. and global markets have been conditioned to expect policy measures that ensure ongoing marketplace liquidity support. The ECB’s $1.3 TN LTRO liquidity facilities coupled with concerted global central bank liquidity measures were a game changer for global risk markets. Rapidly escalating de-risking/de-leveraging dynamics were stopped dead in their tracks. From my analytical framework, the key issue these days boils down to a fundamental question: did policy measures commence a new bullish liquidity cycle for global risk markets? Or, instead, did these interventions only foment a period of upside market dislocation and instability with attendant susceptibility to disappointment?

 

 

One can point to a momentous policy flaw: policymakers have believed that it's critical to underpin financial markets during periods of stress, while failing to appreciate that this policy course nurtures dependencies and susceptibilities. Over the years – and certainly going back to policy responses in 2008/09 and more recently with QE2 and LTRO – extraordinary policy measures have created acute dependency to ongoing liquidity measures. Each intervention sows the seeds for the next even grander intervention. At some point policymakers will simply not be able to deliver.

 

 

My link

Posted

a few Trillion printed here, a few Trillion printed there

 

pretty soon you're talking about a lotta money

 

none of it real, no actual production of anything of value

 

all fake, just a coverup of government corruption and worldwide Depression II (The Big One)

 

leading inevitably to endless neighbor vs. neighbor bareknuckled streetfights for dirt sandwiches thrown from the back of U.N. relief trucks, desperate Walmart employee breakroom brawls over expired dented cans of Great Value stewed prunes, and a nationwide epidemic of drug gangs squatting in burned out shells of trashed and abandoned McMansions

Posted

a few Trillion printed here, a few Trillion printed there

 

pretty soon you're talking about a lotta money

 

none of it real, no actual production of anything of value

 

all fake, just a coverup of government corruption and worldwide Depression II (The Big One)

 

leading inevitably to endless neighbor vs. neighbor bareknuckled streetfights for dirt sandwiches thrown from the back of U.N. relief trucks, desperate Walmart employee breakroom brawls over expired dented cans of Great Value stewed prunes, and a nationwide epidemic of drug gangs squatting in burned out shells of trashed and abandoned McMansions

 

 

 

Believe me it’s real and is accepted all over the world. Foreigners can’t get enough just look at the bond market

Posted

I first said it a year ago...

 

Then I reiterated my point several weeks ago...

 

"Best Buy will not last another 5 years"

Now I have revised my position slightly to the following:

 

"The rapidity of the demise of Best Buy will be epic"

Posted

I first said it a year ago...

 

Then I reiterated my point several weeks ago...

 

"Best Buy will not last another 5 years"

Now I have revised my position slightly to the following:

 

"The rapidity of the demise of Best Buy will be epic"

We're getting work done on our place. I want to put in some ceiling speakers. Went to Best Buy about two months ago.

 

They had this room set up for testing different speakers. I found a pair I believed would suffice.

 

Manager was helping me - clearly, if he was, the place wasn't too busy to be "managed."

 

Told him the speakers I liked.

 

He pulled 'em up - "Oh, we don't have those in stock."

 

:huh:

 

Okay... does the Best Buy up the road have 'em?

 

No... we don't carry that line anymore.

 

Umm... okay.

 

So, I jotted down the specs/product codes, and ordered 'em through Amazon.

 

:rolleyes:

 

Sorry Best Buy... I tried. I really did.

Posted

One of the few places i do visit beside Capitalstool.com is traders-talk.com. No, i don't have an account there nor do i ever want one there. There simply too much knuckleheads there. These are the same knuckleheads that were beating the bearish drums off of the October and November lows then flipping bullish in late January/February when the meat of the move have already gone by. These same knuckleheads have now performed the 'missing' person trick. They are no where to be found and as soon as things turn around, they'll come back on and start yapping about following the trend.

 

What i don't get is, why do these poster even bother posting? They post trades when they feel like it and when it goes against them, they disappear and don't explain any tactics in providing an exit. What do posters like that try to accomplish? What exactly is their message? I just don't get it...

 

My current position:

Long TF at 784.

Almost took my stop when it tagged 780. I'll look to exit around 790-795 area.

Adjusting stop to a break below 778ish.

 

Trade safe and i hope my work here have provided the insight to be a successfully trader. ;)

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