Long equity, *short US Dollar* is Bernanke Zimbabwe's bailout trade

[option_trad3r]

Here's the bailout coming!

Today 09:00am EST/01:00pm GMT
(US) Fed & Treasury extend TALF program expiration dates - Extending TALF to March 31, 2010 for newly issued ABS and legacy CMBS.



S&P rally to 1200! I'm buying the dip!

 

[Kassz007]

Quote from option_trad3r:


Thirdly, we are out of the deflationary phase already. Deflation is so 2008.

Ummmm...no it's not.

 

[milktruck]

maybe that will keep this trade from blowing up any further today. will be interesring to see If we get our late day bounce.

 

[option_trad3r]

I'm buying IYR! Easy bailout money!! This is something that I won't miss out!!

Fed Extends TALF Program for Commercial Real Estate (Update2)

http://www.bloomberg.com/apps/news?pid=20601087&sid=aGPi.Lptz2cE

HAIL BERNANKE & OBAMA!

 

[Landis82]

Quote from milktruck:

I am turning to the opinion that the dollar has a vicious rally coming. Short dollar is very crowded . . .

And this thread is a great CONTRARY indicator!

 

[Moderate]

we jsut made a HL on the USD index and almost a HH


dollar doesnt look weak for the next week imo.

got a mini reverse head and shoulder
as well gold has a litttle head and shoulder

so im gonna disagree with OP for the next week

now fundamentals and maybe a year from now i'll leave that up to you guys.

 

[option_trad3r]

Apparently the market is in agreement with me. Ben Bernanke too. This dollar rally last week was a deadcat bounce in a long term crash mode, fishing for naive dollar bottom pickers - who's about to get spanked as Bernanke prints more money.

Ben Bernanke will print gazillions more money until everyone is a millionaire. If you know what I mean

Toldya buy the dip ... more rally coming because of more money printing, Zimbabwe style.

Here's what S&P will look like as Ben Bernanke prints more and more money:

Quote from Moderate:

we jsut made a HL on the USD index and almost a HH


dollar doesnt look weak for the next week imo.

got a mini reverse head and shoulder
as well gold has a litttle head and shoulder

so im gonna disagree with OP for the next week

now fundamentals and maybe a year from now i'll leave that up to you guys.

 

[milktruck]

we retraced less than half of mondays dump on low volume, and right now asia is flat.

but hey if you bought the close monday you made some money.

 

[option_trad3r]

Rally again! Booyaaah!

Look at dollar go

Retailers are gonna have more upside surprise when the dollar is lower.. lots of foreigners will be shopping here!

 

[option_trad3r]

I'm adding my short position USD/MXN again

Peso should triple (or at least double) as Bernanke prints more money. I'm not kidding.