Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sun-tzu who wrote (132355)	11/1/2001 2:17:47 PM
From: patron_anejo_por_favor	Read Replies (1) of 436258

<<we all underestimated the psychological impact of the treasury move.>> Agreed, and a lot of the jamming that was done in response was due to mechanical valuation models...eg, the Prudential clowns call today that "Stocks are more undervalued than they've been in 25 years" or some such rot...based on a P/E to T-bill yield model that's effectively been rendered useless by yesterday's announcement. As Luc sez though, never underestimate clownish stupidity. <<the timing was perfect. i am astonished that o'neill could come up with this. rubin knew how the market worked. regardless, volume is unimpressive and shorts got trapped>> I suspect Rubin was actively involved in this move, it was probably hatched in the closed door session where he met with BubbleBoy a couple of weeks ago. <<the fut's are actively being jammed again.>> Ya think?<VBG>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next