Search results

  1. B

    Drudge: Dramatic PPT intervention Thursday prevented meltdown to Dow 8,300

    The National Enquirer recently reported that the NYPost has cultivated an on-location investigative team in a counterfactual universe. Also on Drudge. But seriously, the remarkable thing here is that someone who has made thousands of posts on ET for a number of years apparently holds a market...
  2. B

    "Market Commentary" Article being passed around trading pits

    The strangest thing about this article is that the original poster actually typed it up, rather than copy and paste it. Numerous grammatical errors were added that weren't in the original piece in IBD. That's a bit irksome. But, goes with the whole fanatic thing I suppose. Politicizing...
  3. B

    Was anyone just watching Bloomberg TV?

    I was half watching. Dive Bove was being interviewed. They cut him off in the middle of a sentence and went to commercial with the host looking very nervous. I think he was talking about foreign emerging markets and their treasury holdings, but not sure. It may have just been a programming...
  4. B

    What's the play if LEH goes under

    Long crude.
  5. B

    What's the play if LEH goes under

    Don't assume a thing here. This type of situation has been the elephant in the room for the past 6 months. It's a test of the mystery meat of the market. And it's easy to assume that the chain reaction theory comes to pass here, because I think that's become almost a default leaning for a...
  6. B

    The bull Market is back and here is why

    Congoboy, You are a contrarian indicator. I myself was debating whether or not to shift my bias and reel in on the shortside here. But your argument caught my attention. Bottoms are formed on the basis of an equity transfer from weak to strong hands as uncertainty escalates into...
  7. B

    Is The Fed Out Of Ammo?

    I can't believe you think the fed is 'doing' anything at all. They can cut 1.00, they can cut 2.00. It doesnt make a difference. Jesus, man, short-term rates are falling to the floor as a market driven phenomenon. The fed is just tagging along The 3-month t-bill is at fucking 0.75%. it was...
  8. B

    WTF is wrong with Kudlow?

    He's always been bullish because he is a supply side economist who has, until just recently, always been living in a world of expanding credit. He is worried because the simultaneous occurrence of a weakening dollar and contracting credit is the one scenario they fear: one in which market forces...
  9. B

    Plunge Protection Team at work

    Is it an absolute certainty that the fed will cut?
  10. B

    "SHORT THIS!" - Update

    Hi Shortorlong, qualitative speculations are better than quantitative ones in a market like this, where liquidity and stability are actually being questioned. My downside estimate is: true capitulation selling, that sets or nears a new all-time record high put/call ratio.
  11. B

    "SHORT THIS!" - Update

    Adding back to full short exposure in here around 1265 will add more on further bounce to 1270 stll staying very wide 1300+ in terms of stops
  12. B

    Fed couldn't wait 40 hours to cut discount rate?

    The fact that the BSC news was accompanied by the fed making these two moves blatantly tipped their hand: someone else is in trouble. They essentially moved the broker/dealer lending facility to 'effective immediately' (the TSLF won't deal til 3/27)...and also cut the discount. The...
  13. B

    If BSC takeover was @ $33 would mkt be down?

    This is driven by the following: The BSC deal worked out..but poorly for those holding it...real poorly...But that's not the blade The blade is the fact that the news was accompanied by the fed making two moves that blatantly tipped their hand: someone else is in trouble. They essentially...
  14. B

    "SHORT THIS!" - Update

    I don't know if anyone cares or followed me into this play from my earlier thread, or is interested...but I'll post my thoughts on it here: I am taking off the extra leverage I added ( got that bounce to 1275...ES M8 - june emini S&P's), as per my post in the earlier thread...plus about 25%...
  15. B

    Lot of Dangerous thinking appearing on this board

    Lot of people expressing the opinion that the fed will 'save this market' with a rate cut if it gets real ugly That betrays a big factor here: The reason I got short right off the fed news and reversal on my earlier post is partly because I knew a ton of traders would make that mistake in...
  16. B

    Short This!

    For what it's worth, if anyone else agreed with me and took the call... I'm looking for at least 1250 on the ES before I take anything off. (stops above 1310...will increase size on a bounce that pops through 1275) The dollar is going into a complete meltdown here. Gold is going to be through...
  17. B

    Short This!

    Not a chance dude. Flaw in your reasoning: Weak hands are still in this market. We have had no capitulation selling. bottoms are critically defined by the phenomenon of shifting equity from weak to strong hands. Without this step, the base of conviction is not built into future market...
  18. B

    Short This!

    Short your ass off
  19. B

    Inflation or Deflation?

    Simple: The Euro is a centrally managed currency encompassing a variety of economic systems that are still not operating within as they are operating among. For example, Italy is operating with market-driven interest rates that imply a huge spread off eurozone-wide rates, which are essentially...
Back
Top