Credit spreads are wide in the mortgage markets, but the economy is still strong because we are flooding the market and devaluing the currency to stimulate foreign demand.
Risks of inflation exist because we know once we slow the green back spigot that rates are going higher, demand will decrease and inflation will return.
Carry on..
Translation..
Credit spreads are wide in the mortgage markets, but the economy is still strong because we are flooding the market and devaluing the currency to stimulate foreign demand.
Risks of inflation exist because we know once we slow the green back spigot that rates are going higher, demand will decrease and inflation will return.
wall - he said some things in the past tense like "credit conditions have worsened" yet he said some things in present/future tense like "housing correction is ongoing"
i wonder what he meant...or if he didnt mean anything
wall - he said some things in the past tense like "credit conditions have worsened" yet he said some things in present/future tense like "housing correction is ongoing"
i wonder what he meant...or if he didnt mean anything
Yeah he is admitting issues in the past but I dont think this guy is as concerned with what is in front of us as Greenspan was. GreenspaM made many mistakes because he thought conditions were going out of control and he felt the need to make monster moves in fed fund rates..aka the 2002 debacle where the Fed raised rates like crazy and killed the Nasdaq because FINALLY Greenspan saw the markets were running out of control..and they really really lowered rates after 9-11 which was a mistake IMO and went too far.
I dont think the Federal Reserve is in touch with sector specific industries..they look at the macro view of the economy and at this point they dont see this mortgage situation being large enough to warrant a rate move..and really they didnt even mention it much, more concerned with inflation than the continued drop in housing.
Koaj,
Yeah he is admitting issues in the past but I dont think this guy is as concerned with what is in front of us as Greenspan was. GreenspaM made many mistakes because he thought conditions were going out of control and he felt the need to make monster moves in fed fund rates..aka the 2002 debacle where the Fed raised rates like crazy and killed the Nasdaq because FINALLY Greenspan saw the markets were running out of control..and they really really lowered rates after 9-11 which was a mistake IMO and went too far.
I dont think the Federal Reserve is in touch with sector specific industries..they look at the macro view of the economy and at this point they dont see this mortgage situation being large enough to warrant a rate move..and really they didnt even mention it much, more concerned with inflation than the continued drop in housing.
You are telling me...seeing these 100 pt reversal moves from down 100 to up 100..if you had the balls to leg in you made a months worth of profit right there..
IMB went from down to up 3 to flat to up 2...10k shares and you are done for the month.
D2, Jsolar and FSLR are moving and picking up the group..
Koaj,
You are telling me...seeing these 100 pt reversal moves from down 100 to up 100..if you had the balls to leg in you made a months worth of profit right there..
IMB went from down to up 3 to flat to up 2...10k shares and you are done for the month.
D2, Jsolar and FSLR are moving and picking up the group..
Well, I'm the idiot then, but they are both up over 9% today, as is Hydrogenics. That whole sector getting a nice bump today for what reason I'm still not quite sure, but I'm sure there is one. lol
Well, I'm the idiot then, but they are both up over 9% today, as is Hydrogenics. That whole sector getting a nice bump today for what reason I'm still not quite sure, but I'm sure there is one. lol
I just have seen these names since 2000 and they havent amounted to crap..lots of promise, great products but there hasnt been one of those small to mid names that have produced..Ballard being one of the worst.
Geez they are tossing this market everywhere..
D2,
Well I hope it goes to 20 for you.
I just have seen these names since 2000 and they havent amounted to crap..lots of promise, great products but there hasnt been one of those small to mid names that have produced..Ballard being one of the worst.
Is why I wont own those names..they have done nothing but burn cash and raise funds on the back of the shareholder for years.
And I of course remember-
THIS
and
THIS
And that is pretty much why I think those names are dangerous for your portfolio..
FCEL selling at 14 times revenues and not even SNIFFING at profits, Ballard at 9 plus times..they will need 100-200% increases in sales to even come close to break even.
Dont even get me started with HYGS or BCON..
Depeche-
THIS
and
THIS
Is why I wont own those names..they have done nothing but burn cash and raise funds on the back of the shareholder for years.
And I of course remember-
THIS
and
THIS
And that is pretty much why I think those names are dangerous for your portfolio..
FCEL selling at 14 times revenues and not even SNIFFING at profits, Ballard at 9 plus times..they will need 100-200% increases in sales to even come close to break even.
Yeah, CSCO will prevent the Nasdaq from tanking early at open, but I am really looking for an absolutely cataclysmic sell-off at one of these opens with sheer panic running the show within the next 14-17 days. Sooner than later, some major investment houses are going to have to tell some horrible news.....and that will trigger total and chaotic selling.
For LT buy and hold boring mofos like myself, Barnanke holding firm on FF was a HUGE favor, cause all he did was lay the groundwork for a scary sell-off coming to a theatre real soon.
I say it will be a great buying opportunity then to come in after the first 45 or so minutes of carnage.
About a month later in Septemeber, those lows will get re-tested and hold, and that will be the second buying opportunity for those that play "wait and see" or missed the first one.
Money never sleeps, as you know, and the moves off these lows will be lightning speed. Blink for a day, and the train will be gone.
An insidious game, this stock market casino........and that's coming from someone who buys and holds and doesn't trade!
Cheers
Yeah, CSCO will prevent the Nasdaq from tanking early at open, but I am really looking for an absolutely cataclysmic sell-off at one of these opens with sheer panic running the show within the next 14-17 days. Sooner than later, some major investment houses are going to have to tell some horrible news.....and that will trigger total and chaotic selling.
For LT buy and hold boring mofos like myself, Barnanke holding firm on FF was a HUGE favor, cause all he did was lay the groundwork for a scary sell-off coming to a theatre real soon.
I say it will be a great buying opportunity then to come in after the first 45 or so minutes of carnage.
About a month later in Septemeber, those lows will get re-tested and hold, and that will be the second buying opportunity for those that play "wait and see" or missed the first one.
Money never sleeps, as you know, and the moves off these lows will be lightning speed. Blink for a day, and the train will be gone.
An insidious game, this stock market casino........and that's coming from someone who buys and holds and doesn't trade!
I am so in and out of here .. gold and silver .. now let me lock up my password again so I can't figure it out and won't be able to type in here for a few more months.
I am so in and out of here .. gold and silver .. now let me lock up my password again so I can't figure it out and won't be able to type in here for a few more months.
Yeah, CSCO will prevent the Nasdaq from tanking early at open, but I am really looking for an absolutely cataclysmic sell-off at one of these opens with sheer panic running the show within the next 14-17 days. Sooner than later, some major investment houses are going to have to tell some horrible news.....and that will trigger total and chaotic selling.
For LT buy and hold boring mofos like myself, Barnanke holding firm on FF was a HUGE favor, cause all he did was lay the groundwork for a scary sell-off coming to a theatre real soon.
I say it will be a great buying opportunity then to come in after the first 45 or so minutes of carnage.
About a month later in Septemeber, those lows will get re-tested and hold, and that will be the second buying opportunity for those that play "wait and see" or missed the first one.
Money never sleeps, as you know, and the moves off these lows will be lightning speed. Blink for a day, and the train will be gone.
An insidious game, this stock market casino........and that's coming from someone who buys and holds and doesn't trade!
Cheers
I generally agree with this, and hope to take advantage of massive dips on certain options that I think will recover after a tremendous panic sell off. I devote 2-5% to trading, and it keeps things interesting, especially in volatile markets.(The moves can be spectacular, such as the $1.50 move today in BTU's dec 30s) As the hysteria deepens, moves like this, up or down, can be very sweet.But, like Ccourt, I am getting ready to buy for the long term, and am not going to sweat the daily ups and downs.The stage seems set for an interesting fall in both seasonal and market senses.
Quote Originally Posted by claycourtlesson:
Yeah, CSCO will prevent the Nasdaq from tanking early at open, but I am really looking for an absolutely cataclysmic sell-off at one of these opens with sheer panic running the show within the next 14-17 days. Sooner than later, some major investment houses are going to have to tell some horrible news.....and that will trigger total and chaotic selling.
For LT buy and hold boring mofos like myself, Barnanke holding firm on FF was a HUGE favor, cause all he did was lay the groundwork for a scary sell-off coming to a theatre real soon.
I say it will be a great buying opportunity then to come in after the first 45 or so minutes of carnage.
About a month later in Septemeber, those lows will get re-tested and hold, and that will be the second buying opportunity for those that play "wait and see" or missed the first one.
Money never sleeps, as you know, and the moves off these lows will be lightning speed. Blink for a day, and the train will be gone.
An insidious game, this stock market casino........and that's coming from someone who buys and holds and doesn't trade!
Cheers
I generally agree with this, and hope to take advantage of massive dips on certain options that I think will recover after a tremendous panic sell off. I devote 2-5% to trading, and it keeps things interesting, especially in volatile markets.(The moves can be spectacular, such as the $1.50 move today in BTU's dec 30s) As the hysteria deepens, moves like this, up or down, can be very sweet.But, like Ccourt, I am getting ready to buy for the long term, and am not going to sweat the daily ups and downs.The stage seems set for an interesting fall in both seasonal and market senses.
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