Recent content by Griffin

  1. Griffin

    Griffin Account Talk

    Paulson’s approach was threefold. First, Washington would provide indirect aid to the interbank market by buying distressed mortgage-related assets from financial institutions; this would free up the lenders’ assets in a way that also provided cash, and would reduce their fears of hidden...
  2. Griffin

    Griffin Account Talk

    Thanks man! It's good to be back. I like the new avatar, although I did like the girl and the car. This is a freebee article from Stratfor: I'll post the second half in a sec. By George Friedman A complex sequence of meetings addressing the international financial crisis took place this...
  3. Griffin

    Griffin Account Talk

    We will be talking about October 08 for the next twenty years. So I'll throw in my two cents (which is about all I had on Friday :nuts:). Looks like the political capitulation occurred and the governments are stepping in. The down side of governments buying these huge stakes in the banks is...
  4. Griffin

    Griffin Account Talk

    Hey folks, Getting back to the board is almost like coming home. It's great to be back among friends again and I really appreciate the warm welcome. I want to wish all of you good fortune in these troubled times. The insanity of this week has got to be causing full fledge panic. I'm...
  5. Griffin

    Griffin Account Talk

    Hi all, I apologize from my abrupt departure, duty called...and called.....and called...and there is no end in sight. I've been working ridiculous hours in some remote parts of the world and I'm thankful that the end of the fiscal year brings a shortage of optempo dollars....whew! I haven't...
  6. Griffin

    Griffin Account Talk

    Congratulations....well deserved I am sure.
  7. Griffin

    Griffin Account Talk

    If I'm not mistaken, I believe they have begun preliminary work on some new nuclear plants. It will never be "too cheap to meter" but it is certainly the most sustainable option.
  8. Griffin

    Griffin Account Talk

    The next bubble will be the combination of all three - as we move to fiber optic, computer monitored high tech, super energy efficient home renovations. There is a lot of money to be saved which has the bonus of allowing greater consumer spending without inflation A sub sector of that is the...
  9. Griffin

    Griffin Account Talk

    I'm just getting out of a long night of meetings and it looks like it definitely would have been more entertaining to be watching the ticker. Then again, it was the type of meeting that made watching grass grow exciting. So, we exploded up and tagged 1380 which.....suprise....suprise....was...
  10. Griffin

    Griffin Account Talk

    My understanding of the chain deflator is that it is supposed to be a relative measure of growth based on the value (not cost). Value is a function of production and relative pricing and adjusts with consumer spending habits. The idea is that it gives a more accurate picture of growth as...
  11. Griffin

    Griffin Account Talk

    The marked shrugged off Monday's housing report which suggests there is positive momentum building. If the market sells off and I find myself back at the retest, then I will hang in unless the retest fails. With the exception of the housing numbers, the numbers are looking good. I'm looking...
  12. Griffin

    Griffin Account Talk

    Given the strength despite yesterday's housing numbers and the strong reports today. I am going to move back into stocks for the Fed. I think we will get a .50% cut and move above 1380. I want to be in for the Fed. Going into the S-fund.
  13. Griffin

    Griffin Account Talk

    I agree with the you on the fed. The XLF got smacked pretty hard today but compared to where it was earlier in the week, it really did fair pretty good. I attribute that to the "next fed cut". If we go into the next cut in a raging rally, that could influence the fed to minimize the next...
  14. Griffin

    Griffin Account Talk

    This is eeirly reminiscient of the last emergency fed cut. I had bailed out the day before that one also - then it fluctuated for a week or two, always seemingly on the verge of collapse for a retest. But ultimately, it recovered - for a little while. It really took last week's breakdown...
  15. Griffin

    Griffin Account Talk

    <iframe height="339" width="425" src="http://www.msnbc.msn.com/id/22425001/vp/22728809#22728809" frameborder="0" scrolling="no"></iframe> Watch this video - he does not get it and you can see from the expressions of the other folks standing there that they know that they've blown it. I may...
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