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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (26132)12/14/2002 6:12:45 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello David, <<curve is steep and the right way around now>> I am not sure what a steeply inverted yield curve, but one manipulated to be so, tells me other than the fact that I am being played. So I fight back, having done this in October:

Message 18181090

" confirmed now, shorted Annaly Mortgage (NLY) quote.bloomberg.com April Puts 17.5 at 2/shr

pcquote.com "

Background:
Message 17424568
Message 17736502

to take advantage of the manipulation, in a you-know-I-know-you-know-but-cannot-tell-me-I-know game that Maurice was so suspicious of;0)

Chugs, Jay



To: Moominoid who wrote (26132)12/14/2002 6:29:47 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>>and the curve is steep and the right way around now. But it is low.... << etc

This is no diagnosis, and probably not intended to be one. We're looking at symptoms, like "high temperature, with bouts of shivering and sweating". The diagnosis is:

- excessive credit and ensuing (preceding? does not matter) consumption.

- no real saving, to turn into (net) investment, to turn into new wealth and value.

- so ... every new dollar of US debt is 20c (50c? - guestimates differ, but in any case the number is well below 1) of GDP growth.

Diagnosis is malaria (bad airs).

RegZ

dj