Futs spike...news?

[Stok]

Quote from S2007S:

Give it time, let the bulls have their fun time, the market takes the steps higher and the elevator straight down, greed is what is pushing stocks higher, once the trade becomes to one sided the cards fall. The news that is propping up the markets tonight is giving me somewhat of a chuckle, I mean it seems no matter how big or small the crisis is it seems to always get the quick fix and that seems to be the bubble in the making.

This always ends in a bad way, don't let them fool you, just rewind back to all the great times the market was running higher and analysts and money managers were screaming buy, buy, buy, fast forward then 10 years later and notice the market hasn't done a damn thing, it will trade in the same direction for another 10 years, all the positive gdp you see is due to stimulus and nothing more, the bulls are the fools.

The is a liquidity driven rally....yes it will end at some point. You start shorting the market when TARP ends...we are talking Oct next year...so summer 2010. With the amt of $$ the fed is printing, you have to own assets (assets go up when you push more $$'s into the system). Price the market in USD terms....we are about even this year. USD is down what, 15-20%? Market is up 20%...it is all a balancing act.

Bank are not lending...what are they doing with all the $$? They are putting it into equities, bonds and commodities.

Have you seen the money supply? Talk about a hockey stick!

You own equities and commodities (silver is the best) till summer next year...then get out...and best bet is to short the 10 year bond...rates will be going higher much more than the market goes down in terms of making % returns.

 

[Cdntrader]

Quote from piggie2000:

lol 4.3 bil being paid back and the futures add 100 bil of value in seconds. love the math. this pig is speculative love fest that will burst in jan. who the hell didn't think dubai would pay it back? hell if the fed had to pay it they would have

spx only @ 1998 levels. lots of room for froth yet

banks gonna fly 2morrow.

 

[S2007S]

Quote from Cdntrader:

spx only @ 1998 levels. lots of room for froth yet

banks gonna fly 2morrow.

yep more frothhhhy markets...

and you know what happens when markets get frothhhhhhhhhyyyyyy....


they collapse just like every other time markets have gotten frothy from greed.

 

[Stok]

Quote from S2007S:

yep more frothhhhy markets...

and you know what happens when markets get frothhhhhhhhhyyyyyy....


they collapse just like every other time markets have gotten frothy from greed.

Path of least resistance is higher...until then...Buy'em!

 

[jnorty]

i say since we're on a roll lets raise $20 bil each for greece,spain,hungary and throw in $10 bil for portugal. then for dessert we'll raise $5 bil for africa.the whole world is a printing press.since nobody goes under it means the whole world will be a japan with trillions of $'s devoted to zombie co's and country's.the future looks bleak indeed.

 

[Illum]

Anyone who was nibbling on 1100 support tonight just got a windfall.

 

[Full Tilt]

what is the deal with the entire world thinking that bond investors should never be allowed to lose money again? this is truly insane.

underwater in your mortgage?... walk away or wait for the govt to force the holder to write it down.

fund idiots who build to the sky and beyond (ie: spending billions to make man-made islands to take speculation to a new level) and get in trouble? no problem- we'll bait you out. here's your capital back- with interest!

sure do wish someone would make me whole for all my stupidity over the past 14 months. if only i'd lost $300B instead of only 300,000- then i'd be free and clear too...

one thing is for sure- there is no way this ends anything but badly.

to the poster looking to short the 10 yr bond- more bang for your buck shorting the 30 year. one would think. then again, this is the bizarro world, so BUY BUY BUY...

 

[Full Tilt]

Quote from jnorty:

i say since we're on a roll lets raise $20 bil each for greece,spain,hungary and throw in $10 bil for portugal. then for dessert we'll raise $5 bil for africa.the whole world is a printing press.since nobody goes under it means the whole world will be a japan with trillions of $'s devoted to zombie co's and country's.the future looks bleak indeed.

you forgot the 1.1b in additional spending the dems just jammed down our throats. the dems in congress remind of looters after the lakers win a championship. they know they've got the numbers and that this doesn't come around very often, so they've got 4 LCD's strapped to their backs and 5 more in their kid's red wagon. nobody around to police their actions, so they've completely lost their minds...

i weep for our future.

 

[Stok]

Quote from Full Tilt:

to the poster looking to short the 10 yr bond- more bang for your buck shorting the 30 year. one would think. then again, this is the bizarro world, so BUY BUY BUY...

Yes, u r correct...30 year is better, and I plan on starting shorts on that the first of the spring 2010. Guberment can manipulate the short end of the curve, but cannot the long end.

Cheers!

 

[S2007S]

Quote from Full Tilt:





one thing is for sure- there is no way this ends anything but badly.

sure will when everyone least expects it.

99.8% of bulls and money managers will disagree.