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

To: orkrious who wrote (80199)	3/21/2007 7:01:07 PM
From: Crimson Ghost	Respond to of 110194

Now looks like the failure of credit spreads to climb significantly when stocks corrected was a precursor to a strong equity rebound as I had speculated recently. However stocks now just as overbought as they were oversold at the recent trough. stockcharts.com

To: orkrious who wrote (80199)	3/22/2007 12:10:26 AM
From: Jim McMannis	Respond to of 110194

RE:"Long rates are headed higher as credit spreads blow out. Look at the 30 yr today. Rates were barely down. The yield curve is steepening." They should be higher but Ben's talking them flat.

To: orkrious who wrote (80199)	3/22/2007 8:46:26 AM
From: Horgad	Respond to of 110194

The funny part is that they need a few good hurricanes this season to get the water supply back up...talk about a catch 22.

To: orkrious who wrote (80199)	3/22/2007 10:13:15 AM
From: 5thGrader	Read Replies (1) \| Respond to of 110194

Are you smarter than a fifth grader? BTW, gov't spending is out of control everywhere. Are they spending like crazy on good teachers? I think not sir!! If we had sent the clownbucks into better education instead of mcmansions, I think our future would be better. American Idol and Deal or No Deal dominate our TV Space. Why even bother to pay for cable, just put in a tape of I love lucy and put it on infinite repeat if you want to numb your brain and let the tv shows just come in and wash over you and take you away. I know several retirees who do exactly that, or some old john wayne westerns they watch 20 times a week - you see they forget each viewing so everytime they replay Rooster Cogburn its like a new movie! I have been watching foxworthy's "civilization in decline" show. It was hilarious, he had an accountant on that was going to take his winnings and blow them all on a nice diving trip in the bahamas. Foxworthy told him "I hope you don't recommend that to your clients" - hopefully they drop that accountant. Another night he had a school teacher on who of course was not smarter than a fifth grader - hopefully they fired her or sent her back to the fifth grade to learn. They didn't know if the sun was a star or not - how do you expect them to know advanced financial tricks ala booyah boy and the pigmen? I must admit some of the questions stumped me as well, one question asked what geologic age we were in. Are such facts useful to teach in a general education to children in the fifth grade? Perhaps money and debt creation would be more useful to teach a fifth grader? Watch some c-span - see your leaders and lawmakers in action - I don't think many of them are smarter than a fifth grader either. Is on live now, dont miss. cspan.org Mortgage Market Banking, Housing and Urban Affairs Washington, District of Columbia (United States) ID: 197276 - 03/22/2007 - 2:00 - No Sale Dodd, Christopher J. U.S. Senator, D-CT Thompson, Sandra L. Director, Federal Deposit Insurance Corporation, Division of Supervision and Consumer Protection Polakoff, Scott M. Deputy Director, Department of the Treasury, Office of Thrift Supervision A hearing is held on the causes and consequences of the turmoil in the mortgage market. The committee looks at the increase in home foreclosures and solutions for the problem. Government officials and executives of the top housing lenders testify.