Search results

Buy the dips and sell the rips will work for another 6 months. Bear Stearns could only bring this market down a few percent and that is already reclaimed on the giant gap up. Tells me we are going to be range bound, where buying breakouts and selling breakdowns will get traders chopped up...

Corporate bonds, mortgage backed securities, CDOs, etc. are all traded Over the Counter through investment banks. You gotta call them up to get a quote, not publicly traded.

I don't see any more blowups with the Fed now accepting almost any half-assed debt as collateral. Ben is going to need to tell Hank to warm up the printing presses, its gonna be worked overtime.

Get out your shopping lists, stocks are cheap, buys of the century! Don't miss out. That was a long road to get to nowhere for the stock market, everything is fine, the Fed will print money and protect the banks. We have nothing to worry about. Bad debt be damned, the Fed will swallow it...

It would be a sign of panic 1 day before the FOMC meeting to do an emergency rate cut just because stock futures are lower. I would not doubt that Bernanke is capable of doing such a thing, under pressure, he pushes the panic button. Everyone knows this.

We are heading towards 0% interest rates, at this rate, we'll hit it by summertime. Bernanke's wet dream fantasies have all been about hosing down the US with dollars to prevent in his mind a potential Great Depression. I expect many surprise intermeeting cuts over his tenure, whenever the...

Obviously it hasn't worked so far. I'm sure Bernanke is looking at the futures falling and will probably do another panic cut of 75 bp because stock market is weak. I really don't think he can wait 1 day to make the rate cut, my goodness, even Greenspan never panicked this bad.

Bernanke's term expires in 2010, so we're stuck with him till then unless he voluntarily resigns, which is not going to happen unless there is a vigorous public outcry asking for it. We're stuck with Bazooka Ben for another 2 years, grin and bear it.

The same thing that would have happened without the trivial announcement. Because everyone sees through it for what it is, another Fed bailout that just devalues the dollar even more and doesn't solve the real problems which can only be solved by time, not by panic moves and devaluation In...

Really, was a lowering of the discount rate by 25 bp 40 hours ahead of schedule really going to solve anything or prove anything? It just tells me that Bernanke is the worst Fed chairman in the history of the Fed and is wearing out the panic button. It is all so transparent that these Fed...

Haha. I think you are joking but I think you are being serious. Its a sad state of affairs and a show of how panicky the Fed is when the Fed has to have an intermeeting cut 1 day before their official meeting on Tuesday.

What does the futures going down have anything to do with the Fed bailout costing dollar holders? Futures down or not, the Fed providing a free put to JP Morgan so they can buy Bear is a cost to dollar holders in the form of dollar devaluation. In fact, the dollar getting slaughtered against...

The problem is that its not going to open at $2, it will probably open at a premium, because JPM is willing to pay $2, so that's the floor. I would imagine it would open maybe at $2.50 or $3 or something like that pretty much taking away a lot of the potential run by daytraders during the day...

The reason this surprise discount rate cut and also new lending line with lax collateral isn't sparking a rally is because everyone saw this coming. Who is dumb enough to short ahead of another Fed intervention? The shorts were scared to death of another possible Bernanke announcement leading...

We are down about 1% from cash close on Friday, is that the end of the world? Let's call a crash a crash. 3% down days are not crashes. 1987 was a crash. 1929 was a crash. This is not a crash until we see at least a 5+% down day , which we haven't seen all year believe it or not.

What kind of sick socialism is this? Banks can get any kind of loans they want at 3.25% interest straight from the Fed with collateral being basically any junky debt they call investment grade debt (an oxymoron) and you have homeowners and potential homeowners who have to pay an arm and a leg...

There is no bottom. Way too many bottom callers on Friday, too optimistic in the face of such a weak economy. Fed bailouts of all sorts are priced in already, EVERYONE knows that Bernanke is going to throw the kitchen sink at this thing, and come up with inane bailouts of all varieties so he...

Another Fed panic move. Now they are widening the range of collateral to take a variety of investment grade debt, investment grade on Wall Street is pretty much anything from garbage on up. That includes almost anything. Wow, the monetization of crap debt continues, the dollar will keep...

How do you know this? You are fear mongering. You have no idea what would have happened without ANOTHER emergency Fed action. No idea. Maybe the market would gap down, is that the end of the world? Oh no, Asia market sells off again, we are going into a Great Depression!!!!!!!!!!!!!

BSC bond holders are in high heaven because of the Fed. They are getting bailed out. Those bonds would have been worth close to zero without Fed intervention, and now with the help of the Fed, they are worth much much more. If you don't call that a bailout what do you call it? And you...