CBs And Other "Real Money" Had Enough? [Ticker]

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CBs And Other "Real Money" Had Enough? in forum [Ticker]

Genesis
Posts: 66463
Incept: 2007-06-26

Royal Flush!

http://market-ticker.org/archives/1057-C....

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I used to play flute; I wonder if I can play a fife?
I incite prosecutors to create "Bubba Sausage Parking Lot" projects
Darrell Issa has a middle finger and knows how to use it - Me

2009-05-21 13:39:10

Blackswan
Posts: 3361
Incept: 2007-11-06

Execution Pit
Online

I got my phone book ready.

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The market can crash further then you can remain short.
Trade the moon cycle not the tape you want.

2009-05-21 13:48:28

Lplate
Posts: 1888
Incept: 2008-08-06

Australia

Thanks KD

2009-05-21 13:49:47

Curbyourrisk
Posts: 1617
Incept: 2008-08-19
Long Island, New York

Game over Ben. How does your hole feel now???

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Hopium: hope filled delirium preached by the White House and Swallowed whole by the American Sheeple.

"We saved the world from disaster" - Ben Bernanke - Jackson Hole 08/21/2009

2009-05-21 13:50:59

Greenrebellion
Posts: 422
Incept: 2009-01-03

Los Angeles

Ben can go #(*@$& himself

2009-05-21 13:54:59

Binney
Posts: 2123
Incept: 2008-08-27

Riverhead, NY

you will let us know when confirmed, right???

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Holy crap!!!!

I'm a left leaning authoritarian!

2009-05-21 13:59:39

Hihoherewego
Posts: 507
Incept: 2009-02-25

Quote:

Game over Ben. How does your hole feel now???

Ugh. I think his hole is our hole.

Oh hell. Another hell hole getting bungholed.

"Sir may I have another?!?!?"

Last modified: 2009-05-21 14:04:07 by hihoherewego

2009-05-21 14:00:24

Dji
Posts: 553
Incept: 2009-04-21

orange park
Online

starting with AAPL and working your way down or all in?

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji

2009-05-21 14:00:46

Creditcalmass
Posts: 997
Incept: 2008-06-04
4 train, NY

Hear that creeking sound? Thats the gates of hell being opened for the first time in 80 years. Not good.

2009-05-21 14:01:09

Genesis
Posts: 66463
Incept: 2007-06-26

Royal Flush!

80%+ loss in the major indices from the top folks.

Remember my SPX 300 call? That was the premise - a bond market dislocation caused by deficit spending and the government's attempt to shove it down foreign bondholder's throats.

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I used to play flute; I wonder if I can play a fife?
I incite prosecutors to create "Bubba Sausage Parking Lot" projects
Darrell Issa has a middle finger and knows how to use it - Me

2009-05-21 14:03:24

Wearedoomed
Posts: 718
Incept: 2009-01-14

Midwest USSA

Great. Now I'm gonna have to figure out when to sell my GRZZX. It's in an IRA, too - dammit. Over/under on when IRAs get stolen?

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I will make a song for the ears of the President, full of weapons with menacing points,
And behind the weapons countless dissatisfied faces.
- Starting from Paumanok (Whitman)

2009-05-21 14:03:45

Asimov
Posts: 21231
Incept: 2007-08-26

east tennessee
Online

Well, that explains a lot of things we've seen today. TNX, equities, FX, gold... Oil maybe?

I think we're very close to being in freakout mode.

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It's justifiably immoral to try to deal in a moral fashion with an immoral entity.

If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.

2009-05-21 14:04:44

Ssg263
Posts: 94
Incept: 2009-01-07

Wait a minute...
if the bond market dislocation happens, and the equity markets go into collapse mode again....where is the flight to safety?

Will people go back into treasuries, saving the bond market, even though we all know how flawed it is?

Or is this the point in the crisis when gold/commodities assert themselves as the only true intrinsic forms of wealth?

2009-05-21 14:05:27

Howie
Posts: 3027
Incept: 2007-11-02

Wilmington, DE

Wow, look at that TNX go.

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"Send lawyers, guns and money, the **** has hit the fan." - Warren Zevon

2009-05-21 14:06:10

Wearedoomed
Posts: 718
Incept: 2009-01-14

Midwest USSA

Well, the jerkoffs in the Federal Gummint could easily say, "All retirement funds are hereby converted to Treasuries, and you can't make unqualified withdrawals to get out of them." As Karl mentioned in a Ticker a week or two ago, given this Administration's propensity to steal (vis GM and Chrysler "secured" debt), they may just as well do this. Never mind that the equities market would be decimated if they did that; they don't ****ing care. I'm worried about it in a major way; I have quite a chunk of coin invested in IRAs, and I'm gonna need it as this depression continues apace.

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I will make a song for the ears of the President, full of weapons with menacing points,
And behind the weapons countless dissatisfied faces.
- Starting from Paumanok (Whitman)

2009-05-21 14:10:16

Barnaby33
Posts: 517
Incept: 2007-07-24

San Diego

Karl, usually I don't have a problem following the jargon, but this one had my head spinning. Could you either explain the post you were qouting in a bit more detail, or maybe provide the full link so I can go read it and figure it out?

Josh

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Short taglines rule!

2009-05-21 14:11:28

Wearedoomed
Posts: 718
Incept: 2009-01-14

Midwest USSA

I can't wait to see what Rick has to say about this. But I'm not about to turn on CNBull**** to find out.

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I will make a song for the ears of the President, full of weapons with menacing points,
And behind the weapons countless dissatisfied faces.
- Starting from Paumanok (Whitman)

2009-05-21 14:12:44

Swrichmond
Posts: 146
Incept: 2009-02-12

"Wait a minute...
if the bond market dislocation happens, and the equity markets go into collapse mode again....where is the flight to safety?

Will people go back into treasuries, saving the bond market, even though we all know how flawed it is?"

This is the recipe for the stick save. Banks have done their issues / raises, stupid money has jumped in to be stolen, it is time to crash stocks again and juice the Treasury market. And that is exactly what will happen. The IB's all have their shorts in place. Time to bleed the masses again.

JMVHO / DYODD.
Disclosure: 50 cash / 50 dollar shorts. Been that way since Fall '07.

2009-05-21 14:13:20

Greenrebellion
Posts: 422
Incept: 2009-01-03

Los Angeles

Barnaby, my interpretation is basically that large foreign holders are using the opportunity to bail on their longer maturity treasury positions when the Fed is buying.

See because when the Fed is buying, they can bail on larger position without moving the market dramatically. The problem is that the Fed isn't buying enough to fill the demand...its like a mob of people trying to squeeze out of a doggie door.

2009-05-21 14:14:13

Icecastle
Posts: 633
Incept: 2008-10-15

Went long ammo. People will behave badly as this develops.

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Mala tempora currunt.

2009-05-21 14:15:16

Lms
Posts: 167
Incept: 2008-09-30

Punching Bernanke in the face

Someone needs to punch Bernanke in the face. RIGHT ****ING NOW.

2009-05-21 14:18:52

Creditcalmass
Posts: 997
Incept: 2008-06-04
4 train, NY

Quote:

Wait a minute...
if the bond market dislocation happens, and the equity markets go into collapse mode again....where is the flight to safety?

Will people go back into treasuries, saving the bond market, even though we all know how flawed it is?

Or is this the point in the crisis when gold/commodities assert themselves as the only true intrinsic forms of wealth?

It's a flight to cash, or a flight to anything but debt/promisory notes, deleveraging on steroids really.

2009-05-21 14:20:39

Nullzero
Posts: 633
Incept: 2008-11-19

SOCAL

So the question now is should I stock up on lots of vodka and other alcohol... I think other people will want it lol. (is this bad like shtf bad?).

Last modified: 2009-05-21 14:22:25 by nullzero

2009-05-21 14:20:43

Raster
Posts: 1884
Incept: 2007-08-16

Rar!
Online

Hey KD - Is it Photoguy bad this time?

I'm going back under my bed...

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ǝɹǝɥ ǝuo ןɐɯɹou ʎןuo ǝɥʇ ɯ,ı˙˙˙dn pǝʞɔnɟ ןןɐ ǝɹɐ sʎnƃ noʎ

2009-05-21 14:25:19

Teomax
Posts: 1510
Incept: 2007-08-30

"if the bond market dislocation happens, and the equity markets go into collapse mode again....where is the flight to safety?

Will people go back into treasuries, saving the bond market, even though we all know how flawed it is?

Or is this the point in the crisis when gold/commodities assert themselves as the only true intrinsic forms of wealth? "

my thesis is:

They will take the money and go home, while some speculators will put it in gold/commodities. but with 10% interest rates, even commodites will get destroyed as there will be no demand, but big supply.
Gold could be subsequently sold off after huge spike as "everyone and their gradmamma" will try to get a cash in order to repay a debt.
But as other people already wrote here, FED can withdraw liquidity and force equities crash, causing another "fligh to safety".

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"I wonder how many stories we'd find in the TF Tinfoil archives that are now history." - Alsace

i hope you understand my engrish.

Last modified: 2009-05-21 14:27:54 by teomax

2009-05-21 14:26:48

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