Comments on: No Change in Rates or Statement

By: manhattanguy

manhattanguy — Thu, 25 Jun 2009 13:19:11 +0000

“Manhattanguy was just impressed with your wherewithal and was interested in how you put it all together-

as we probably all are”

I am looking to go self sufficient as well in the near future. That’s the reason why I asked Cvienne for tips. But I didn’t get what I was looking for. Never mind.

By: Bruce in Tn

Bruce in Tn — Thu, 25 Jun 2009 10:53:43 +0000

Long day today, but take note of the European equipment orders….not pretty.

By: Mike in Nola

Mike in Nola — Thu, 25 Jun 2009 09:43:12 +0000

Why, oh why, do I ever put on the sound on CNBC? Up early, so figured I’d flip on CNBC and see the European version, which has generally been better. They have on someone, think the the head of Ericsson, and someone in London and someone in NY cross examining him to get some positive statement. All loaded questions suggesting the answers, more or less along the lines of “Where do you see improvement?”

By: AmenRa

AmenRa — Thu, 25 Jun 2009 04:35:08 +0000

Here’s a decent explanation on why the indirect bids have been having larger numbers: http://acrossthecurve.com/?p=6613

By: Andy T

Andy T — Thu, 25 Jun 2009 04:31:48 +0000

Ahab said: “all you TA folks-
you follow the charts and you make your predictions- but can’t data itself – news or other relevant information- make it all meaningless-”

There are occasional curve balls, but generally speaking the smart players know what the “news” is going to be and have place bets accordingly. Thus, the market is rarely “surprised” by reports, etc. This past two years have presented TWO events that were completely surprising….

1) In March 2008, the Fed intervened in the capital markets to save Bear Stearns. (when an arbitrary major decision gets made by a few people on weekend it’s safe to say the markets was surprised)

2) The Tarp Announcement/Ban on Short selling panic squeeze in late Sep 08.

It should be noted though that both of those “surprise” events merely caused short term fluctuations and the market eventually went to where it was going to go anyway…..

The only other time I’ve seen a market caught completely unaware was when Hurricane Katrina took a weird path that no meteorologist was predicting…wiping out major NatGas/Oil platforms.

There are no coincidences and Mr. Market is rarely “surprised.”

By: AmenRa

AmenRa — Thu, 25 Jun 2009 04:29:12 +0000

1. If the Fed isn’t adding to its Treasury purchases will the bond market send the 10yr to the stratosphere?

2. Who just pushed the S&P futures $8 in five minutes at 23:05? It was having trouble getting above 900 and then BAM!!!

By: gregh

gregh — Thu, 25 Jun 2009 04:27:27 +0000

somebody mentioned Jim Rogers above, i’m sure he loves this:
Moodys rates the USD AAA (says there is no alternative)
http://www.bloomberg.com/apps/news?pid=20601109&sid=aGlxDLf7cVZY

And china keeps buying – http://www.bloomberg.com/apps/quote?ticker=HOLDCH%3AIND

Can’t they at least make it AAA*?

Some would say there are no alternative/better associations than NAMBLA, but am I still gonna rate it AAA?

By: Mike in Nola

Mike in Nola — Thu, 25 Jun 2009 03:48:08 +0000

Think I made this point in another thread: there are so many homeowners deliquent but not foreclosed on that inventory figures are meaningless.

http://www.washingtonpost.com/wp-dyn/content/article/2009/06/23/AR2009062303500_2.html

By: cvienne

cvienne — Thu, 25 Jun 2009 03:30:43 +0000

@CNBC

Oh…& basically I have to say this…I LOVE YOUR POSTS BROTHER…(emo vs. indie is what it’s all about)…

I made this post a couple of days ago (but it was late & I’m not sure if it was picked up)…Here it goes again…It’s MY CALL on the S&P “after” either 7/6/09, or, 922-930 FAILURE…

Lyrics by DEVO…Song you should download for fun & reference (those guys were prescient)…

HERE TO GO, 1984, Album – Shout

If you smell the smoke
You don’t need to be told
What you got to do…

Yet there’s a certain breed
So very in between
They’d rather take a vote…

Running short on time
Still they can’t decide
But we already know…

That we are here to GO
We are here to GO
We are here to GO
We are here to GO
We are here to GO….

What is really mine?
Who’s at the top of the pile?
Where does he draw the line?

Let them figure it out
Go on and step across
Just remind yourself…

That we are here to GO…

When it grows too long
The tail wags the dog
The hand that bites gets Fed…

Troubles multiply
The crowd begins to cry
For some COMMON SENSE…

Let them all dig in
When the odds are NO WIN
Head for the nearest door…

Cause we are here to GO!

Go!

By: cvienne

cvienne — Thu, 25 Jun 2009 03:14:54 +0000

@ MIKE IN nola…

My personal favorites…

Dr. Strangelove: Sir! I have a plan!

—

General “Buck” Turgidson: Doctor, you mentioned the ratio of ten women to each man. Now, wouldn’t that necessitate the abandonment of the so-called monogamous sexual relationship, I mean, as far as men were concerned?

Dr. Strangelove: Regrettably, yes. But it is, you know, a sacrifice required for the future of the human race. I hasten to add that since each man will be required to do prodigious… service along these lines, the women will have to be selected for their sexual characteristics which will have to be of a highly stimulating nature.

Ambassador de Sadesky: I must confess, you have an astonishingly good idea there, Doctor.

—

And this…IN MY OPINION REFERRING TO BLACK BOX TRADING

Dr. Strangelove:

Mr. President, it is not only possible, it is essential. That is the whole idea of this machine, you know.

Deterrence is the art of producing in the mind of the enemy… the FEAR to attack. And so, because of the automated and irrevocable decision-making process which rules out human meddling, the Doomsday machine is terrifying and simple to understand…

and completely credible and convincing.