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


To: Mike Johnston who wrote (64849)6/29/2006 1:14:21 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Any hint of a pause would translate into a melt up.>

Amazing how they keep piling into this trade. Should be one of the most overrated playbook trades in the history of the market at this stage. Ultimate irony would be soft talk, and the market tanks, when they say, "What now?". Mortgage reregulation, BOJ, and ECB monetary policy trump it.



To: Mike Johnston who wrote (64849)6/29/2006 1:20:19 PM
From: patron_anejo_por_favor  Respond to of 110194
 
>>This is "show me" time. I will not believe any tough talk until i actually see some responsible policy from the Wizards.<<

Exactly....the Maestro may be gone but his minions and camp followers on the Fed remain. I expect them to act no differently than before, i.e. irresponsibly.



To: Mike Johnston who wrote (64849)6/29/2006 2:25:27 PM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
'Any hint of a pause would translate into a melt up.'

It's that time of the year. A monster short covering rally. You've got seasonally strong period around end of the quarter along with the fourth of July holiday. Just an excuse for volatility. Playing heavy long till the fourth. Anyone think this has legs possibly into late July?