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


To: UncleBigs who wrote (62997)6/7/2006 5:19:07 PM
From: russwinter  Respond to of 110194
 
I don't know what fear indicators Barbera uses, but regardless there has been no real fear in the last three years anyway, so comparing to that is largely meaningless.

The rally attempts during this phase have seemed concocted, and the chop shops are out in force, putting out buys so that stock can get distributed. Notice how the retailers, specifically TGT got that today, and then got dumped late.
finance.yahoo.com



To: UncleBigs who wrote (62997)6/7/2006 5:27:38 PM
From: gregor_us  Read Replies (1) | Respond to of 110194
 
Barbera's Strength is his ability verbalize general Sentiment.

I thought he did a nice job of portraying how offsides participants had become this year, in expecting the Pause. And how everyone has now run to the other side of the boat.

His other theme is Crisis Deferral. He believes policy makers will act to put off the day of reckoning, once again.

While I'm inclined to agree with him on this point, Ben may be a hyper-rationalist and tunnel-visioned technocrat, who sees no structural problems in the US that pressage any reckoning.

LP