Monday, July 11, 2005

STRIKE 2

????INVERSION OF YIELD CURVE????

"Doh, wha is it? da concundrim" says Greenspam. "You couldn't see a bubble until you actually had one....." I wouldn't know a bubble if I Had both hands on it" Be afraid be very afraid.

No, of course there couldn't be a bad reason for flattening curve, first off most investors don;t care or pay attention.

IF the FED STOPS raising rates, then the bond market will SCREAM towards the funds rate, it doesn't matter WHAT the FED does at this point. IMHO

There is a Bradley turn date coming in 2 days, wanna bet it is going to a high?

D

1 comment:

Marc R said...

Michael,

Nobody gets a free ride on Bull or Bear, with action of FED only they have postponed the coming debacle.

I will post again, if you haven't seen or can find it on the blog, but Monetary BAse hasn't budged in 2005, it seems to me that the VELOCITY of said pumping has slowed to a crawl.

Surely lots of M and A action, so was it in 2000, 140 plus weeks of bullish majority, streak has to come to an end sometime, 4 and 8 years cycles turning down into 2007 I think I saw on a chart, tough batting ahead.

More like the batter has been caught with PINE TAR!

More later, thanks for responding.

D