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To: MythMan who wrote (417835)	9/21/2011 3:48:00 PM
From: Real Man	Respond to of 436258

We crash, today is a small start. You should be selling

To: MythMan who wrote (417835)	9/21/2011 3:48:48 PM
From: Terry Maloney	Respond to of 436258

Exactly.

To: MythMan who wrote (417835)	9/21/2011 5:22:24 PM
From: Terry Maloney	Read Replies (3) \| Respond to of 436258

I'm still trying to figure out Ben's move here ... in theory at least, flattening the curve is going to kill the banks by destroying their traditional gravy train. Just trying to crash the markets so the Republicans will acquiesce to QE3?

To: MythMan who wrote (417835)	9/21/2011 5:31:19 PM
From: NucTrader	Read Replies (1) \| Respond to of 436258

Read somewhere suppressing the long end, per Ben, is designed to lower mortgage interest rates and get the big refi thingy going. But it appears that those buying mortgage paper aren't happy with the low interest rates that would generate, putting upward pressure on mortgage rates. Yes it's all meaningless, but in the Fed notes there's 400 billion of POMOs in the next 8 months. Wouldn't go balls to the wall short here, just step aside.