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

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To: NOW who wrote (233687)	4/4/2003 8:53:45 PM
From: patron_anejo_por_favor	Read Replies (1) of 436258

ROTFL! Mark-to-Market has taken to gaming the first line of Doug Noland's Credit Bubble Bulletin. Here are his guesses for the first line of this week's report (from Capitalstool.com): capitalstool.com Anybody want to guess what the first line on Doug Noland’s commentary will be tonight? “Yet another week of extraordinarily volatile and unsettled conditions in the financial markets, creating problematic issues for the derivative and hedging community.” “Violent convulsions created by Wildcat Finance and Hypertrading continue to permeate the Global Speculative Markets.” “Another dizzying week for the Dynamic Hedged Economy, fed by extraordinary bursts of liquidity and speculation.” “Week 41 of the Mortgage Credit Bubble has pushed liquidity into parabolic extremes, accentuating the gross systemic imbalances in a wildly distorted and maladjusted financial system.” “Another record week of Structured Finance, GSE growth, corporate bond issuance, and money supply growth has pushed the Credit Bubble to record heights, fueling rampant speculation in the Global Financial Markets.” “Desperate 'no turning back' manipulation of the financial markets continues unabated, creating a vast moral hazard in an acutely fragile financial market caught up in speculative trading dynamics, increasing risk of a massive market dislocation.” “What a week. Ballooning credit availability, imploding credit spreads, and a rally in global equities has once again staved off the collapse of the colossal and fragile debt structures supporting the maladjusted, deranged economy.”

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