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limtex

01/23/04 8:44 PM

#196792 RE: federal reserves #196790

If you right then say hello to President Kelley. GWB must surely know that if the market tanks he chances of anither term are over.

Wonder if he will try to do anything about that?
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Zeev Hed

01/24/04 9:20 AM

#196820 RE: federal reserves #196790

Actually, I have that bear suit on since January 8 at 2100 on the Naz, then expecting a 100 or so Naz decline, since then it has become more entrenched, by 1/14 the turnips indicated that the coalescence model is in force with a top no higher than 2163 and a decline under 1900 lasting possibly till mid to late March (as per #msg-2000425 from 12/25/03) . As you can see more than two weeks later we are still above 2100, so that 1/8 call was at least two weeks too early and may still be proven to be a bad call. However, I don't think it is time yet to apologize for it, since many of the snorters I have been playing with are indeed much lower today than they were two weeks ago.
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Rick Storm

01/24/04 9:52 AM

#196824 RE: federal reserves #196790

Could explain what a repo stack is ? thanx
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mike_m

01/25/04 12:19 AM

#196867 RE: federal reserves #196790

Yeah...or not.