Ewwww, looks like I struck a "nerve".
:D And yet with all of these posts today, I am still under 1000 since coming aboard ET.
LOL!
Oh, wait, you wanted an ACTUAL trading call?
Here you go from August, targeting the LOWS...
Then why do you continue to post in the "Trading Forum" as if you DO trade for a living, making one comment after another about every little "wiggle" in the markets like some hormonal teenage girl?
You must have a lot of time to waste.
Who cares what the "alleged" reasons and rationalizations are behind the moves.
The market continues to TRADE and that is the best part of all of this!
:p
Ok . . . if in fact you have been consistently BEARISH since you started posting back in August of 2006, do you still have any money left to trade with?
That run from 1250 SPX in June of 2006 straight up to 1450 in Q1 of 2007, and then the subsequent run straight up to 1550 must have really...
Nice rally from 1377 (yesterday's low )to nearly 1422 in SPX.
A simple 50% pull-back gets you roughly 1400 before another run back up.
Great trading!
:D
Let's be REAL here, shall we?
You have been talking out of BOTH sides of your mouth on ET for the last 2 years.
Looks like you conveniently forgot about this post of YOURS:
S2007S
Registered: Aug 2006
Posts: 5227
4-27-07 12:43 PM
The Feb. Fed-Funds Futures are already indicating a 50 basis point cut.
Again, the FED is behind the curve, not ahead of it as everyone on this thread have been shouting.
Yesterday's short-covering rally into the close ( anticipating Bernanke's "remarks" ) and today's further short-covering...
The FIXED-INCOME MARKET lead rates lower; not the Fed. There's a big difference and you obviously need a much better understanding in how the markets work in order to comprehend this.
If the FED was aggressively trying to inject liquidity PERMANENTLY into the system, they would be conducting...
You obviously lack a basic understanding of the difference between REPOS and that of open market operations that permanently inject money into the system ( ie. coupon-pass ).
Example, back in August:
"On Friday, the Fed added a hefty $38 billion of liquidity -- the biggest temporary...
Bernanke has NOT been lowering rates.
He has been TARGETING the banking system to provide more liquidity via "auctions" at the discount rate window to specific commercial institutions. These are essentially 30-day REPOS to help out the banking system. Period.
Again, the FED is NOT...
Massive rate cuts?
Please show us where there have been MASSIVE rate cuts over the last several months???
If anything, Bernanke & Company have been very slow to the issue of "easing" because they ARE in fact concerned about inflation. The fixed-income market has lead Bernanke to lower...
You are highly mistaken.
If anything, the FED has been incredibly slow to address the credit crunch. They have been extremely sensitive to INFLATION. That is why they have chosen to offer up these "sexy" little auctions ( repos ) for the commercial banks, at rates just a touch below the...