Search results

I'm not so sure I agree that USTs get sold off hard if they don't do anything

UST futures to hit limit up before 'default'? :p

Greek problem might have been stabilized but not solved http://media.economist.com/sites/default/files/images/print-edition/20110730_FNC286.gif

I find it quite unlikely the Fed would agree with this, handling the control of the money supply to the UST at a time where M2 is soaring. This type of move could get iexpectations to unanchor big time If they were to do this, essentially congress wouldn't have a strong reason to approve a...

I read somewhere that the gov could tap the exchange stabilization fund to prevent a default, its true. To me there is little doubt that the Aug 2 deadline was created just to lead congress to a sense of urgency. The actual date the US starts defaulting on obligations is probably quite a bit in...

Banks face €30B in writedowns from greek debt http://www.bloomberg.com/news/2011-07-22/biggest-european-banks-face-29-7-billion-writedown-on-greek-bondholdings.html

With regards to 'price action' trading and the trendfollowing wizards of the forum who claim everything is so easy if you just follow the trend It appears that this guy tried to test all kinds of TF systems http://www.elitetrader.com/vb/showthread.php?s=&threadid=146764 On the last page he...

Has anyone seen what are the net present value loss estimates of these private 'contributions' to the EU Greek bailout?

It seems that this new plan is a bit of everything. They will do both fiscal transfers(cutting the IR and lengthening the maturity of the bailout debt) and prepare for default('Draft EU summit conclusions says EFSF will be able to recapitalise financial institutions through loans to...

Interesting thread

I dont see it as positive either, this should make default an easier way politically than debt guarantees which risks the contagion and capital flights that are EUR negative

Big risk to my short: Fiscal transfers on steroids http://www.bloomberg.com/news/2011-07-21/eu-said-to-consider-greek-bond-guarantee.html

End of regulation Q responsible for M2 jump http://www.zerohedge.com/article/following-third-largest-weekly-surge-m2-expect-artificial-spike-leading-economic-indicators

I remember I ripped this guy in a post and NihahaAshi/wrbtrader came out and defended the dude. Seems like this poster is the no1 defender of gurus and scam artists in the forum Hoffman was borrowing against the future, not that much different from what Madoff did

It seems to me the his position sizing strategy was created in a way to maximize his subscriptions. He averages down to make sure he has plenty of positive days to keep the lemmings lured, of course the downside is that one day your losses reach a level that your broker wont let you keep trading...

M2 mystery explained Http://www.teletrader.com/_news/newsdetail.asp?id=13109629 It appears that those were money market funds flows into banks but as I said, MZM is soaring and thats supposed to include MMFs

Its not quite clear to me why M2 is soaring lately. Bank credit declined in may and june, MZM is also soaring. Overall I'd say it makes QE3 less likely

The UST missing an interest payment seems to be a ultra unlikely event. As I said in the past people seem to be unaware that the Fed would step in to prevent such outcome, invoking section 13(3). They would not even need collateral for the loan since it would essentially a purchase of a UST...

How do you guys define a trend in say a 5min chart of CL or ES futures?

Although it appears the bank sold assets from around the start of QE2 up to the end of it http://federalreserve.gov/releases/h8/current/ I'm looking at the non seasonally adjusted figure for Securities in Bank Credit and Trading Assets. As they sell assets they increase their deposits with...