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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Paul Kern who wrote (78829)1/21/2008 10:58:13 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
They can. However, someone lobbied hard for the removal
of curbs on NYSE in late October. That someone was definitely
not long in the beginning of November when the new "no curbs"
went through, and, quite likely, started this decline.

We'll stop crashing and the Fed will come out and save
the day when they decide it's time and cover, going LONG, or,
alternatively, we keep crashing even then, because they played with
fire and burned down the house. The Fed coming out would be a
signal they are long. It would be fun then if the market ignored
the Fed and them, and kept crashing. <g>

I guess the futures should be very green going into that
event, even though very green futures would not be
an indication emergency rate cut necessarily will occur at this
point - they can just happen -g-



To: Paul Kern who wrote (78829)1/21/2008 11:15:32 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
After this August quite a few folks have wondered which
firms exactly did the Fed consult prior to making the
market-turning discount rate cut announcement, since
the Fed has been a bit too open about the fact that
they did consult a few big firms. A few
less lucky big firms may have asked certain enforcement
agencies a question or two
about that, certain agencies may have responded by asking the Fed
and the other firms a few questions, and thus, no more surprise
announcements. -g-

I mean, after all, such activity does violate certain
securities laws, and the parties involved may go to prison,
if caught. That would be well deserved, by the way, and
a few scary questions may have ended these surprises. -g-