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Politics : Stockman Scott's Political Debate Porch

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To: lurqer who wrote (9927)12/1/2002 8:25:56 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
extreme Fed actions now will probably lead to unexpecteds
we have extreme imbalances now
we have extreme controlling measures being used by Feds
the bond market is my central focus
the stock market is a mere sideshow
cracks have formed in the TENS yield chart
recent articles point out inversions on the shortend and longend
this speaks directly to manipulations at longend

I BELIEVE FED MONETIZATION EFFORTS HAVE BEEN UNDERWAY FOR SEVERAL MONTHS IN PURCHASING 30YR TBONDS AND NOT PROPERLY REPORTING IT TO CONGRESS OR THE FINANCIAL MARKETS

you can control free markets for a while
under gravity and the forces of coiled springs take over
it is coming soon

I expect a string of unexpected consequences soon
from Iraq, from bond defaults, from yield spreads widening, from corporate failures, from derivative events

the Fed will do its damnedest to thwart the cycle
but all they will earn will be BIGGER ACNE
THE BIGGEST WILL BE A YELLOWHEAD ACNE GOLD VOLCANO
like a huge boil on the financial market ass

/ jim
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