Bernanke pump and dump

Quote from S2007S:

As i said before lowering the rates can only do so much, lowering them as much as they can is only going to create bubbles in other asset classes. The reason why this market and economy is doing what it is doing today is because of the rates being where they were just 5-6 years ago. The credit bubble was formed because of the easy money that was lent, they are trying to hard to create excess liquidity in a market that is already worn out.
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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 conducting any open market operations that is PERMANENTLY injecting money into the system via the dealer community.

Many of you need to go back and take a class in "Money & Capital Markets".
 
Quote from pumpanddumper:

Will be a huge win for bears if after this monkey stops talking, we finish at session lows.

I think a flat close when all said and done.
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Not gonna rally much from these levels, the Fed rate cut rally occured yesterday in the final hour of trading. Today's rally is for suckers late to the party. We are going down from here.
 
Quote from indahook:

Just bot 50 acres in Maine, off the grid housing. Ocean acces, two rivers, timber and plenty of moose and bear.

"Whats in your wallet?":D
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heh heh heh nice

:D

Me, I have myself a little spot in AL.....
 
For those who haven't seen one of the best Youtube's ever. Paul Hubbard, Dean of Columbia Business School, and member of the FED...who was passed over for Bernanke's spot, LOL.

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Great song too, LOL

Don :)
 
Quote from Landis82:

Bernanke has NOT been lowering rates.
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Huh? The Fed funds rate in September was at 5.25%. Now its at 4.25%. What part of lowering rates do you not understand?
 
Quote from S2007S:

They have been injecting plenty of money into the system over the last 6 months, one of the biggest was in AUGUST 2007, it helped the markets from falling when they should have been falling. They have been floating these markets for the last 12-18 months. By injecting money it only prolongs this kind of market action, it creates uncertainty and volatility. Why keep the market guessing, just let it do its own thing without anyone trying to save it.
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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 addition to the banking system the U.S. central bank had made in a single day since September 19, 2001, in the aftermath of the September 11 attacks."
 
LESS TALKING, MORE CUTTING...


7yeipv8.jpg
 
Quote from detective:

Not gonna rally much from these levels, the Fed rate cut rally occured yesterday in the final hour of trading. Today's rally is for suckers late to the party. We are going down from here.
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No chance in hell I buy into this spike. If the DOW is pumped over 100 during the speech, I will fade the shit out of it.

I don't think anyone is taking this hook, line and sinker.
 
Quote from detective:

Huh? The Fed funds rate in September was at 5.25%. Now its at 4.25%. What part of lowering rates do you not understand?
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The fixed-income market LEAD the Fed to lowering the Fed Funds; not the other way around.
There's a big difference.
 
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