Rick Santelli Strikes Again - Takedown of Steve Liesman

Quote from Daal:

The market was pricing big chance of tightening for the Nov meeting, as it got closer to the meeting that changed. that seems to be santelli's point, the market is wrong, the veterans on the pit seem to know better
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As a former floor trader in the pit next to them I can assure you we're a better fade than not.

:)
 
Quote from Aok:

Liesman has steam coming out of his ears.

Think Santelli is on his Xmas list?
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:D


Santelli is the ONLY reason I still even turn cnbc on...

"good to see you" is getting old !

:eek:
 
Can someone explain how they make money selling the deferred contract (is that March or Feb 09 ?) while expecting no change ? March trades at 97.865 and rates will stay at 2% if they are right.
 
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