350zCommtech's Account Talk

[350zCommTech]

Thanks, not selling yet. I luv your move to the F! Well done! I see the Fed is increasing the amount of the short term auctions. Nothing but a band-aid.

Good trading!

Thanks.

I'm seeing some fun and games with the Yen carry trade, giving the futures a lift. Idiots betting on a Fed cut to save the world. LOL!!!!

Since the feds starting cutting, the market has done what? The Feds can play all they want with the TAF or rate cuts. It won't help a thing. The problem is a lack of trust, not liquidity.

 

[Braveheart]

100% F and that was based on your information 350Z yesterday and what you thought might be a good gamble. So yes Thank You - Braveheart

I don't know how many followed your lead yesterday but after the beating I took in the I Fund/C Fund finally I know there is nothing anyone from CNBC can do to screw us in the F Fund today.

You know CNBC will pound away at the fed rate cut blah blah all day.

 

[350zCommTech]

350,
I am 50F/50C since yesterday. Are you staying in the F fund, or are you getting ahead of the FED by speculating on another rate cut on Tuesday? Tia.

I'm thinking G at the moment. I don't see the Fed cutting until the meeting, 3/18/08, but I'm not going to bet against them either.

TYX found support at the 50dma and is a cause for concern for the F fund. It might just be related to my earlier comments on the Yen carry trade, but it needs to head back down soon. If it can break the 50dma this morning, I will stay in F for Monday.

 

[350zCommTech]

100% F and that was based on your information 350Z yesterday and what you thought might be a good gamble. So yes Thank You - Braveheart

You're welcome.

 

[350zCommTech]

Hahahha!!!!!!!! "If only the Fed can print trust instead of money."

Fed struggles to avoid another inter-meeting cut
Commentary: FOMC is trying to keep what dignity it can
By MarketWatch
Last update: 9:47 a.m. EST March 7, 2008

LONDON (MarketWatch) -- Just minutes before a truly depressing jobs report Friday, the Federal Reserve said it is trying to add liquidity to the banking system.

The move briefly inspired futures, but the damage from the job loss report was too great, and futures quickly turned tail and headed sharply lower. Chatter about another inter-meeting cut in interest rates by the Federal Reserve's open markets committee has been swirling through the markets, especially with new pressures on some high-profile hedge funds.

Carlyle Capital Corp. a unit of the Carlyle Group, saw its shares suspended after it failed to meet margin calls. Even if the Fed doesn't act before its regular meeting later this month, there's now a market perception that the Fed could cut by as much as a full percentage point when it does gather.
The Fed's big cuts in January, as well as comments from Fed Chief Ben Bernanke since then, have already made it clear that the FOMC is worried about the U.S. economy -- really worried.
But what the economy and banking systems really need is something the Fed can't give them, because the problem isn't a shortage of cash, it's a shortage of trust.

And making it less expensive to lose money isn't really going to help anybody, especially when such moves only serve to boost inflation.
Time, not money, is what the markets need to work out their problems. And there's no way for the Fed to fast forward through this mess.http://www.marketwatch.com/news/story/if-only-fed-could-print/story.aspx?guid=%7B52F99450%2D5C6F%2D4E6A%2D9281%2DFC5BF1335304%7D

 

[350zCommTech]

Wow! This is beautiful...TAF borrowing being used to prop the markets?:laugh:

This might make me stay in the F fund.

 

[alevin]

TYX found support at the 50dma and is a cause for concern for the F fund. It might just be related to my earlier comments on the Yen carry trade, but it needs to head back down soon. If it can break the 50dma this morning, I will stay in F for Monday.

Hi 350Z, I guess I don't understand how you get TYX being above 50dma and maybe going below? when I look at TYX on Sharpcharts, it's been below 50dma since beginning of the year....sorry, I haven't figured out how to post the actual image yet but the link is below. Seeking understanding. Would appreciate redirection if I'm looking in the wrong place. Thanks

http://stockcharts.com/h-sc/ui?s=$TNY&p=D&b=5&g=0&id=p24880989696

 

[350zCommTech]

Hi 350Z, I guess I don't understand how you get TYX being above 50dma and maybe going below? when I look at TYX on Sharpcharts, it's been below 50dma since beginning of the year....sorry, I haven't figured out how to post the actual image yet but the link is below. Seeking understanding. Would appreciate redirection if I'm looking in the wrong place. Thanks

http://stockcharts.com/h-sc/ui?s=$TNY&p=D&b=5&g=0&id=p24880989696

That is $TNY.

This is $TYX.

View attachment 3460

 

[350zCommTech]

F#$%! F fund just went from +5 cents to +1.

 

[BlueMax]

DennisFAA,

I hope you are right, but the day is still young and I no longer trust any short term indicators.

 

[350zCommTech]

See, I told ya

Yup, TAF is used up. The pump is over. I predict a big sell off this afternoon followed by panic selling on Monday. No Fed cut on Monday. I'm staying 100% F fund.

F fund now up 3 cents.

 

[airlift]

Thanks 350

 

[350zCommTech]

Here we go....Finally got that sell signal on the NDX.

 

[Braveheart]

Here we go....Finally got that sell signal on the NDX.

Wow what a battle trying to move the F Fund - question the bond market did close yesterday at 3:00 PM EST does it just reset and the 3:00 PM on money does not carry over.

 

[350zCommTech]

Wow what a battle trying to move the F Fund - question the bond market did close yesterday at 3:00 PM EST does it just reset and the 3:00 PM on money does not carry over.

It's carried over to the next day.

 

[Braveheart]

It's carried over to the next day.

Closed at 3.62 if I am right - THX

 

[Minnow]

350z... long time no talk... (had a little minnow 9 lbs. 2 oz!!! )... just thought you'd want to know that the tan man's testimony before the senate committee is live on Bloomberg tv right now... hope he is strung up by the testes-- already has been somewhat. oh well... have a great weekend.

 

[350zCommTech]

350z... long time no talk... (had a little minnow 9 lbs. 2 oz!!! )... just thought you'd want to know that the tan man's testimony before the senate committee is live on Bloomberg tv right now... hope he is strung up by the testes-- already has been somewhat. oh well... have a great weekend.

9 lbs 2 oz. Wow! Congratulations.


Checking Bloomberg TV now. Looks like I missed the Tan Man.

Thanks,

 

[weatherweenie]

Checking Bloomberg TV now. Looks like I missed the Tan Man.

Thanks,

They're on CNBC too.

 

[nnuut]

350z... long time no talk... (had a little minnow 9 lbs. 2 oz!!! )... just thought you'd want to know that the tan man's testimony before the senate committee is live on Bloomberg tv right now... hope he is strung up by the testes-- already has been somewhat. oh well... have a great weekend.

Congrats Minnow, Your first? Welcome to Fatherhood!