nnuut's Account Talk

[nnuut]

Don't cut your hand, again!

 

[nnuut]

I don't believe the Fed wants to make the market tank. It's good to be cautious but when the market sinks this low there's deals to be had.

The FED needs to do something soon and anything worth while is going to HURT, there's no other way.
You remember, "this is going to hurt ME more than it does You", yeah RIGHT, but it HURTS in a different place.:worried: View attachment 2604

 

[nnuut]

Looks like a bounce off of 1435 in the S&P, that's GOOD. It hit 1445 three times before it broke support, this might come back today? You notice I said "MIGHT"!!:worried:

 

[mayday]

I've been vacillating between playing it safe and going in all morning. It looks like the resistance held. So I went all C fund. Lets see if I made the right decision.

 

[nnuut]

Best of LUCK MayDay!!! This could be the start of a turn around?

 

[mayday]

Best of LUCK MayDay!!! This could be the start of a turn around?

Are you being facetious?

 

[nnuut]

No I mean it, I'm really transparent, Like Ben B.

 

[mayday]

No I mean it, I'm really transparent, Like Ben B.

It could go either way. Just like Ben B to be transparent when I need him to spin things.

 

[nnuut]

The squiggly blue line just dipped below 1435 in the S&P. This was the forth test of this support level.

 

[nnuut]

This would be a good day for one of those MYSTERY UP SPIKES an 15:30!!

 

[budnipper1]

This would be a good day for one of those MYSTERY UP SPIKES an 15:30!!

You meant THIS "SPIKE", right??? ​

View attachment 2611​

 

[ChemEng]

The FED needs to do something soon and anything worth while is going to HURT, there's no other way.
You remember, "this is going to hurt ME more than it does You", yeah RIGHT, but it HURTS in a different place.:worried:

How will adjusting the interest rate affect what valuation the mortgage backed financial products are worth? It seems that that is the big reason keeping the market down. And it makes sense because the same thing kept the market up for a long while as well.

 

[Birchtree]

I did notice that as the market was pushing toward negative 231 that at least Maria was firming up. She gets so excited.

 

[nnuut]

You meant THIS "SPIKE", right??? ​

View attachment 2611​

It looks like you're right on that one ROFLMAO!!!!!!!!!!!!
NO, this is NOT funny!

 

[Silverbird]

How will adjusting the interest rate affect what valuation the mortgage backed financial products are worth? It seems that that is the big reason keeping the market down. And it makes sense because the same thing kept the market up for a long while as well.

Well...in short from what I understand - lower interest rates by increasing money supply - put more available $ out there to borrow. Problem is this time, the value of these "AAA+ High Yield with Safe stuff Mixed in" (tm) sausages cooked up over the last few years, is unknown because no one knows how much bad mortgage loan is in those sausages, and the financial companies are just finding out even though those were good sausages in the past, now that they aren't so good, and they have no idea what that mystery meat they own really is. It's not liquidity that's the problem, it's uncertainty, and throwing more money at the problem doesn't appear to be doing much this time.

 

[nnuut]

How will adjusting the interest rate affect what valuation the mortgage backed financial products are worth? It seems that that is the big reason keeping the market down. And it makes sense because the same thing kept the market up for a long while as well.

They need to strengthen the Dollar, and that won't happen overnight!!
What does the Government have to do to strengthen the Dollar, anybody know?

 

[hessian]

They need to strengthen the Dollar, and that won't happen overnight!!
What does the Government have to do to strengthen the Dollar, anybody know?

Hey Nnuut,
Just a guess - they need to stop printing it outta thin air?
Oh, and also stop spending like there's no tomorrow?

You didn't make it multiple choice, so am I right?
VR

 

[Silverbird]

They wish they could make money disappear as easily as they can print it...to increase the worth of the $ you raise interest rates by buying up $, making their value go up. With the size of the deficit, however, this will hit us right in the pocketbook as those interest payments on the debt will go up, which means, need more revenue (as in raise taxes) - or you can borrow more and undermine what you just did in buying up the $'s.

 

[Birchtree]

Please don't over worry about the dollar. Last month Fed Chairman Ben Bernanke said that while the weaker dollar leads to "some inflationary effect" as imports' costs rise, "our experience over the recent decade has been that those effects are relatively small." The Fed's job is to balance growth and inflation, and few economists believe it should act simply to preserve the dollar's value. Moreover, for Fed policy makers, the weak dollar has had a timely benefit: It boosts U.S. exports by making American goods cheaper abroad. That helps ease the pain of the housing slump and credit crunch. Be right and sit tight.

 

[nnuut]

Hey Nnuut,
Just a guess - they need to stop printing it outta thin air?
Oh, and also stop spending like there's no tomorrow?

You didn't make it multiple choice, so am I right?
VR

They wish they could make money disappear as easily as they can print it...to increase the worth of the $ you raise interest rates by buying up $, making their value go up. With the size of the deficit, however, this will hit us right in the pocketbook as those interest payments on the debt will go up, which means, need more revenue (as in raise taxes) - or you can borrow more and undermine what you just did in buying up the $'s.

Please don't over worry about the dollar. Last month Fed Chairman Ben Bernanke said that while the weaker dollar leads to "some inflationary effect" as imports' costs rise, "our experience over the recent decade has been that those effects are relatively small." The Fed's job is to balance growth and inflation, and few economists believe it should act simply to preserve the dollar's value. Moreover, for Fed policy makers, the weak dollar has had a timely benefit: It boosts U.S. exports by making American goods cheaper abroad. That helps ease the pain of the housing slump and credit crunch. Be right and sit tight.

hessian, right! that's 2 of them.

Silverbird, YES, YES that would hurt, but it's a necessity.

Birchtree, I hear you but you believe the FED?

More manufacturing exports, Goodbye WAR, Goodbye NAFTA (at least revise) and more. BUY OUR MONEY BACK!!!!!!!!!!!!
Are you ready for a Pay Cut?:nuts: