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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (43143)10/9/2005 10:47:53 PM
From: NOW  Respond to of 110194
 
Well, the market fell last week, apparently on news that President Bush chose Tommy “Moe” Johnson, a Domino's pizza delivery boy, as his nominee to replace Alan Greenspan as Fed Chairman.

“I was just in the right place at the right time” said Tommy, who had inadvertently wandered into the Oval Office with a large pepperoni as Bush was making his choice. Runners up included Martin “Eenie” Feldstein of the National Bureau of Economic Research, John “Meenie” Taylor of Stanford University, and Ben “Mynie” Bernanke of the Council of Economic Advisors.
ROLF



To: ild who wrote (43143)10/9/2005 10:54:37 PM
From: orkrious  Respond to of 110194
 
Latest Hussman

damn, that was enjoyable reading



To: ild who wrote (43143)10/10/2005 6:43:11 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Couple good charts in this Faber article: monetary overhang and savings:

quamnet.com



To: ild who wrote (43143)10/10/2005 9:49:11 AM
From: austrieconomist  Read Replies (2) | Respond to of 110194
 
ild last Thursday I posted on the Isopatch thread that Hussman would flip his Climate to negative today, making my "elves" index bearish. I posted this on Isopatch thread today:

"Hussman negative market action plus negative valuations equals negative market climate, as projected last Thursday (not a great feat of prognostication) and tips my "elves" index to bearish 3 (Russell, Lowry's and Hussman) to 2 (Stack and Sullivan) with Ned Davis Research presently an unknown. Will add to short position effective at today's close."



To: ild who wrote (43143)10/10/2005 10:20:37 AM
From: ild  Read Replies (2) | Respond to of 110194
 
Global: Pondering Delphi

Stephen Roach (New York)

morganstanley.com