Replies to post #129002 on Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Bearmove, I was talking about the Fed adding or draining on the repo's and the markets immediate reaction. Just one more thing to watch. Best I can tell the drain was announced at 9:55. I see a nice drop in the nas tick at 9:56. Maybe, maybe not related but just observing.

[phineas gage]

Normally when I look at economic statistics I temper my opinions my saying to myself-
"ok-big deal- everybody knows this, where's the edge"
I agree with your conclusions as they are inescapeable, and yet it seems that the big money has decided to completely ignore the elephant in the room- ie: that we never recovered and are still in a recession- a unique kind to be sure.

Bear, either we are now seeing the last bad econ stat's and you and I are just late to see it, or this is shaping up to end very badly. KSS and others just blow my mind. Can you imagine if the public knew what these MuFu guys were doing with their money?