350Z's I Fund Thread - Sept. 07

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Speaking of market posturing, how about 9/11, coming up on a Tuesday, which has seen many market declines this year?

RS
 
Bernake doesn't want to be looked at as a Wall street whore, like Greenspan.:laugh:

if they fix the jobs data, he'll have his academic excuse to cut. Supposedly, he wrote papers on Japan waiting too long to cut and then they were led into a recession. Ain't no way he wants the R word -- which is where we'll go if the investing class can't make money in real estate or equities -- which will be a real freeze on liquidity. Get ready for the happy endings, we're in Benny's Bunny Ranch.
 
if they fix the jobs data, he'll have his academic excuse to cut.

ADP came in at 38K. Add some government jobs and we might get 65-70K. Not bad enough for a cut. What's really funny is that their bullshit "birth/death" model is keeping them from cutting rates.:laugh:
 
USM's have blipped up a good bit in the last half hour. If it drops back down this afternoon, perhaps a -FV would set up the steal for tomorrow. Any thoughts on WHY we are up and whether its likely to last?
 
USM's have blipped up a good bit in the last half hour. If it drops back down this afternoon, perhaps a -FV would set up the steal for tomorrow. Any thoughts on WHY we are up and whether its likely to last?
John Chambers,retail sales,and Walmart...pick one
 
USM's have blipped up a good bit in the last half hour. If it drops back down this afternoon, perhaps a -FV would set up the steal for tomorrow. Any thoughts on WHY we are up and whether its likely to last?

My guess is that the Europeans drove it up thanks to the ECB and Fed injections this morning. I don't think it'll last.
 
USM's have blipped up a good bit in the last half hour. If it drops back down this afternoon, perhaps a -FV would set up the steal for tomorrow. Any thoughts on WHY we are up and whether its likely to last?

Market Update

11:30 am : A renewed wave of buying interest within the last 10 minutes has spiked the indices toward their opening highs. Since there are no specific news items to account for the broad-based move to the upside, all three major averages rising in synch with each other and logging roughly the same percentage improvements suggests the triggering of a buy program.
http://finance.yahoo.com/marketupdate/overview
One this early either won't last or knock the top of the charts out, take your pick.:worried:
Norman
 

THE FED

Fed's Lockhart: No sign housing woes hitting broad economy
By Greg Robb, MarketWatch
Last Update: 12:50 PM ET Sep 6, 2007

Lockhart said unwarranted intervention in financial markets raises concerns about "moral hazard."

"This problem could occur if investors come to believe that -- because of likely Fed intervention -- they are immune from severe downside risk," Lockhart said.

"The risks and rewards of market participation should play out - to the extent possible -without interference," he said.
http://www.marketwatch.com/news/sto...75-2E72-4A98-99F9-E0D1A9A33320}&dist=hplatest
Sounds like he's telling the market to not look for a cut.
 
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