I think the markets will fall "eventually", nothing goes straight up forever. With slowing in the housing and auto industry one can expect a recession going into the second half of 2007. I think in order to keep this rally really really moving a pullback is somewhere deep in the deck of cards.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Wallstreet Is Total Manipulation!!!
- Thread starter BlueStreek
- Start date
Repos are repurchase agreements by the Fed, it is a loan to banks below the Fed Funds rate. A way to add money to the economy creating demand for securities if that is where they choose to use the mney. The increase in July was about 20%, which correlates to the rebound in the market.
A great book to read about the FOMC is The Creature from Jeckyl Island.
http://en.wikipedia.org/wiki/Repurchase_agreement#Federal_Reserve_use_of_repos
A great book to read about the FOMC is The Creature from Jeckyl Island.
http://en.wikipedia.org/wiki/Repurchase_agreement#Federal_Reserve_use_of_repos
Quote from BlueStreek:
you guys are riot acts-----the dow has never been at this level/territory........i am up for the trade and for the day for that matter----i can sell them right now for a profit of 450.00-----you all wish you had the same contracts short at 12,521 going into cpi tomorrow....as every cpi/important market moving event always makes people nervous right before the release of the numbers...and this thing will take a big dip-----come talk some smack to me tomorrow morning-----when I have scoreboard---what are you going to do (tell me now--ahead of time) that will make you more money than me by tomorrow---its already a winning trade--i hear a lot of talking----what are your big setups for tomorrow, for this week, for this month.
You have shown yourself to everyone reading this thread that you have NO IDEA what you are doing. Your Ego is simply too big to allow you to follow the flow of the market, let alone do so with any objectivity whatsoever.
The fact that you did not even know what a "repo" aggreement is . . . is most telling.
Welcome to Elitetrader.
Quote from JGTrader:
Repos are repurchase agreements by the Fed, it is a loan to banks below the Fed Funds rate. A way to add money to the economy creating demand for securities if that is where they choose to use the mney. The increase in July was about 20%, which correlates to the rebound in the market.
A great book to read about the FOMC is The Creature from Jeckyl Island.
http://en.wikipedia.org/wiki/Repurchase_agreement#Federal_Reserve_use_of_repos
today's Fed pump: $8.25b vs. $Zero expiring. nice juice, ho ho ho. that makes a net $31.5b floating out there.
http://www.newyorkfed.org/markets/omo/dmm/temp.cfm
Quote from Landis82:
You have shown yourself to everyone reading this thread that you have NO IDEA what you are doing. Your Ego is simply too big to allow you to follow the flow of the market, let alone do so with any objectivity whatsoever.
The fact that you did not even know what a "repo" aggreement is . . . is most telling.
Welcome to Elitetrader.
I used to think that having inside info was valuable...well that aint worth a thang compared to knowing this dope's outlook....the minute he throws in the towel on the short side the mkt will vomit....I wonder when his puts expire....LOL
Quote from BlueStreek:
didn`t chicken out.....still have my 5 short ym`s at 12,521----i will do some fib/ta analysis and pick a good profit point for selling them tomorrow as this will tank right before cpi----probably make 3,000 on them==anyway time to go play some golf---and watch the rockets tonight.
How are those ym's doing blue ?
:eek:
why do you think some of the brokers keep the commission so low? because they want your order !!! so that they can take the other side !!! They make more money that way.Quote from EPrado:
I used to think that having inside info was valuable...well that aint worth a thang compared to knowing this dope's outlook....the minute he throws in the towel on the short side the mkt will vomit....I wonder when his puts expire....LOL