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Strategies & Market Trends : News Links and Chart Links
SPXL 194.72-4.6%Nov 20 4:00 PM EST

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To: Haim R. Branisteanu who wrote (8117)7/13/2003 10:10:42 PM
From: James F. Hopkins  Read Replies (1) of 29597
 
Ya I know...now look at the bottom of
this one..,
research.stlouisfed.org
shit they gota know we are stalled..
Either that or companies are so loaded with cash
they don't need to borrow any more..
----
BTW on another thread, I pointed out that
this 40% up in the NDX was not the first
40% climb in our bear market..this is the
3rd 40% rally during our slide..
----
I then pointed out that I can buy futures on stocks
dirt cheap..you see the super low interest rate
also lowers "fair" value between the futures
and the cash market..
---

Some long term leaps on major stocks
can be had with as little premium as a 1.3% interest rate.
Why would I sell some bonds paying me 6% to buy stocks
when I can in effect buy stocks on credit for 1.3%...
---
Margin is also cheap as shit with rates this low..
Greedspam done got his balls caught in vise.
Right now the rally is from the maket chasing
the futures & not real buyers..but the shit's on wall street don't
want taht spread around.
Jim
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