So basically Bernane promised rate hike

makloda · Jun 10, 2008

Quote from Susannah:
Bernanke: Danger of downturn appears to have faded
http://biz.yahoo.com/ap/080609/bernanke.html

I think he means a severe and rapid implosion of the economy due to a systemic meltdown of the banking system. Basically this scenario is off the table since March.

Doesn't mean the economy won't be soft for a long time to come.

kerph32 · Jun 10, 2008

Quote from achilles28:

What currency?

hopefully Euros, for his sake

I'm holding â¬100 from my trip to Italy a month ago, haha

PohPoh · Jun 10, 2008

Quote from steve.larson:

That's a good post, HT2.

It might be his first..

PohPoh · Jun 10, 2008

Quote from HedgefundTrader2:

I am 100% cash.

That is neither bullish or bearish. Its a position though, a solid nice one.

Never seen a 'hedge fund' in 100% cash..
must be one of them hedge funds you can enroll via a form on the back of the Fruit Loops box..

S2007S · Jun 10, 2008

Quote from HedgefundTrader2:

I am 100% cash.

That is neither bullish or bearish. Its a position though, a solid nice one.

You are 100% cash, you mean to tell everyone here that your 100% cash in the biggest bull market ever???

Isnt this the biggest bull market according to you, if you dont believe in a recession and thinking everything is all fine and dandy why dont you have that cash hard at work in the stock market. Too funny. TOOOOOOOOOOOOOOOOOOOOOO FUNNNNNNYYYYY....

supertraders · Jun 10, 2008

cash on the sideline is usually bearish IMO,,,

why not buy if you think it's great value.

cash is paying 2%!!!!!!

either you don't have cash or that cash is for trading or other purposes.

Quote from HedgefundTrader2:

I am 100% cash.

That is neither bullish or bearish. Its a position though, a solid nice one.

supertraders · Jun 10, 2008

most business or even banks don't have any cash.

that cash on the balance sheet is float or petty cash or working capital to cover bills like most people.

Quote from supertraders:

cash on the sideline is usually bearish IMO,,,

why not buy if you think it's great value.

cash is paying 2%!!!!!!

either you don't have cash or that cash is for trading or other purposes.

Landis82 · Jun 10, 2008

Quote from HedgefundTrader2:

These are your words not Bernankes/ He would never hint a rate hike let alone do it when the economy is recovering.

You must be out of your mind deluded or incapacitated in some way?

Sounds like you are the one that is incapacitated and out of touch . . .

http://news.yahoo.com/s/nm/20080610/bs_nm/markets_stocks_dc_19

So much for being a hedge-fund trader.

Landis82 · Jun 10, 2008

Quote from S2007S:

You are 100% cash, you mean to tell everyone here that your 100% cash in the biggest bull market ever???

Isnt this the biggest bull market according to you, if you dont believe in a recession and thinking everything is all fine and dandy why dont you have that cash hard at work in the stock market. Too funny. TOOOOOOOOOOOOOOOOOOOOOO FUNNNNNNYYYYY....

Sounds like you and he should get together and manage a fund . . .

You can be long the Airlines, the DUG, and the UYG, because you are so BULLISH on the Economy, while Hedge-Fund Trader can be sitting in 100% cash.

Sounds like the perfect Dynamic Duo!

HedgefunTrader2 · Jun 10, 2008

You've never seen a bunch of top notch paper traders at work then. We own the markets, my staff and I are consistently hitting the bulleyes.

And for the record, I donot eat fruit loops. Sounds like the breakfast of wimps and chart destroyers.

Quote from PohPoh:

Never seen a 'hedge fund' in 100% cash..
must be one of them hedge funds you can enroll via a form on the back of the Fruit Loops box..