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


To: Jack of All Trades who wrote (63012)6/7/2006 7:02:13 PM
From: orkrious  Respond to of 110194
 
Richard Russell tells it like it is. From tonight's site:

I was frankly amazed this morning to hear Greenspan speaking about oil in front of the Senate Foreign Relations Committee. Suddenly Greenspan is an oil expert? First of all, I think it's disrespectful to Bernanke for Greenspan to speak in front of a government committee -- if anyone should be doing this it should be Bernanke.

Can't Greenspan, this little ego-maniac, show some respect? Greenspan, please, have some class, stop acting as if you're still the Fed Chairman and expert on everything while Fed chief Bernanke is some sort of junior student. Bernanke is smart, means well, is humble, and has class. Greenspan, I doubt if you can even spell the word class. Do us all a favor, Alan, get off the public stage -- and retire. And also -- shut up. You've done your damage, Alan, you created two bubbles, for God's sake and for our sake -- shut up. And get off the stage.



To: Jack of All Trades who wrote (63012)6/7/2006 8:55:50 PM
From: ild  Read Replies (1) | Respond to of 110194
 
<<<Futures rollover start tomorrow>>>

Are you saying that no one could have already rolled positions over? Futures are zero sum game so they shouldn't have much effect.

I think what is important in futures is positioning of smart vs. dumb money and size of such positions. Small specs who are considered dumb money recently have amassed huge long position in SP500 futures. As the market goes against them they may start liquidation which can force more liquidations.




To: Jack of All Trades who wrote (63012)6/7/2006 9:19:35 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Nikkei is feeling sick