SI
SI
discoversearch

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.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MulhollandDrive who wrote (180944)1/31/2009 5:16:36 PM
From: ChanceIsRead Replies (3) of 306849
 
>>> staring into the jaws of total financial collapse, right here, right now,<<<

That argument has a lot of merit. OTOH, it does seem that the Treasury/FED/FDIC will get its bad bank facility act together....by Thursday???? That might cause an upward spike....short covering.

A year ago, Roubini was fond of giving the tally of stimulus and response. It was clear that with each government act (interest rate cuts, short covering bans, seizing FNE/FRE, TARP, etc) the amplitude of the response was smaller and its duration shorter. He hasn't presented that info recently. It seems to me that the TARP was administered in Sept/Oct and by November the market had bottomed. I can't recall quite when Bernanke slashed rates to zero, but the market barely flinched.

We rallied early in the week on the "Bad Bank" news. That might have been completely discounted and Thursday's announcement - should it happen - might be ignored or even a sell signal.

Tough trading days. I do think that there is another dark side entry points on the restaurants right here. Starbucks is getting pasted. CR recently posted some new "restaurant index" in his rouge's gallery of cliff diving.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext