Consumer Confidence and Credit Card Deliq. GOING DOWN THE TOILET

Ah, such a shame.
But I'm sure that the very next time that we have a BIG down day in the stockmarket you will be on ET as chipper as a woodchuck in Spring, telling everyone how short you were, once again, after the fact!

Long term "core" short position in bonds . . .
Give us all a freaking break, dude!

:eek:
 
Quote from Trend Fader:

Bond market big drop... and stock market took a dive into the close...

I think the bonds are topping out.. I have a very long term core position selling bonds. I think this is one of the best risk to reward trades available.



--MIKE
More...

is it as good as your short of the market at its' 200 day averages recently...

good call bro.. shorting the market after a 200 point drop based upon some future economic crap. Heck, they cant even tell if it's going to rain for sure in Chicago from Friday's forecast to Sunday's; yet guys like you think these "geniuses" (charlatans) can predict the economy 6-12 months ahead! Bet you listened to all the analysts and economists who said to buy in 1999-2000. After all they were the same experts you keep citing now... non?!

:p :p!!


Well... you got yourself a nice strong up move to fade... bet you are pushing those buttons like crazy shorting into this move higher! Afterall.. why go long now since .....THE ECONOMY sucks!


Right ?!


IcE
:cool:
 
The Fed said outstanding consumer credit, which excludes mortgage debt, rose by $4.1 billion to a seasonally adjusted $2.019 trillion in February.

January credit growth was revised up to a $15.8 billion gain from the initially reported $14.3 billion surge.

Wall Street had been looking for a $7.7 billion gain in February, so the pace of credit resulted in a sharper slowdown than anticipated.

http://biz.yahoo.com/rb/040407/economy_fed_credit_3.html
 
April Consumer Sentiment comes in at 92.9%

Existing Homes Sales hit the second highest number in history with a +5.7% gain for the month, on top of yesterday's gain in New Home Sales of +8.8%

Trend Fader is sadly mistaken, as usual.
And this isn't Cheerleading. These are Just The Facts!

:p
 
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