Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (56912)	2/25/2002 8:39:21 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Yes, because nobody saw it coming... Now they all see it going away.

To: William H Huebl who wrote (56912)	2/25/2002 9:52:14 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Bill, they are just goozing the markets with derivatives from freshly printed Fed money. You can track all recent short-term advances to the Fed printing press, and all bigger declines to the Fed's lack of printing (For example, the Fed did a lot of 1 Mo repos in December, which had to be taken back in January. So the market declined. The Fed did a 729 Million coupon pass Yesterday. This is good for 1.5 day rally. So continuation of the rally depends on the liquidity news at 10 am today). Those guys are criminals, they know they will go down with the ship, so they are going to gooze this market as long as possible. In the end, though, Mr. Market always wins. Enron sec probes may have started the process. Just another view. I see no repos today, and no coupon pass -so far. So presumably a reversal and a strong move down starting mid-day