Replies to post #9046 on Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

Pub, this is the biggest misconception going.

There is no AUGUST 14th mass signing date for CEO's.

After that date, CEO's must certify their go forward statements.

I expect the big revelations to come AFTER that date in the fine print of the SEC documentation filings. August 14th to the traditonal seasonal weakness lows in SEPT/OCT could lead to the lows and a subsequent multi-month rally in the indexes as government spending kicks in and the FED gets jiggy again to fight off a double dipper.

[Zeev Hed]

From, August 14th and after, all quarterly and annual reports must "be signed". Since most quarterlies will not be coming out until the October reporting period (and prewarning if necessary a month or so earlier), that date has no critical significance. Frankly, this is pure hog wash anyhow. This law is just an "appeasement" law, there laws on the books to handle fraud, and if the government was enforcing the existing laws, there would be no need for this new regulation.

Zeev

[otraque]

Link to the 945 list http://www.sec.gov/rules/other/4-460list.htm