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Strategies & Market Trends : Waiting for the big Kahuna
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To: PMG who wrote (73420)6/29/2006 10:06:41 AM
From: Real Man  Read Replies (1) of 94695
 
No, they are still buying, so no wreck yet.
I don't know what they do today. Probably 25bp, as
the markets tell them to,
as a pause would put a wreck to their credibility -g-

Raise 25 bp, and print under the table. They have been
locked into it for a while. Now, at this point
the 10-year and 30-year rates will have to rise,
which is already ruining the housing, which accounted for
1/2 of GDP and most of job growth since 2002.

I think when the mess starts coming apart, TA could prove to
be useless. Could be da boyz buying today, to front run
the bullish BS from the Fed and sell into the hands of willing
suckers later -g-
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