The cost of borrowing in dollars for three months between banks dropped the most in eight weeks as government and central bank efforts to unlock credit markets showed signs of bearing fruit.
The London interbank offered rate, or Libor, for such loans fell almost three basis points to 0.85 percent today, according to the British Bankers’ Association. The Libor-OIS spread, a measure of the unwillingness of banks to offer each other cash, narrowed three basis points to 65 basis points, the lowest level since June 16.
Libor, a benchmark gauge for about $360 trillion of financial products around the world from student loans to mortgages, has tumbled as the U.S. government and the Federal Reserve pledged $12.8 trillion to drag the economy out of its longest recession since the 1930s.
the market right here right now is in a tug of war between the bulls and the bears, right now it is even strength between the two, the question is which side will have a member trip and fall and cause a weak point in the line to cause them to dive face first and eat dirt?
I think the cubs are throwing everything at it including the kitchen sink. Toss up but I reckon we close higher today. It just seems to me there’s a decent amount of dip buying that isn’t playing with scared money.
j – – I don’t think that’s the case. IMO there are an absence of buyers, no big selling. The dip buyers are coming in after big selling. There is a staredown probably taking place waiting for each side to trow the first blow. Bears are looking for a place to attack. Look like oils may be the spot as the dip buyers are coming into the banks and holding them in a good spot early. Oils look weak, Techs look strong
Let me know your thoughts on this at my website. Thanks
M a r k e t R e p o r t
Started: April 5th, 2009
04/05/2009:
S&P 500: 842.50
Dow/Gold Ratio: 8.98
Long Term- A Depression that will dwarf the Great Depression (will occur in a hyperinflationary state)
Long Term- Bond Bubble to burst (U.S. Treasury is the only buyer)
Long Term- Unemployment to rise substantially above 25%
Long Term- Commercial Real Estate Bubble to burst (more severe than housing burst; will become more severe at the end of this year and really begin to go bust next year when loans default)
Long Term- Fall of Dollar: latest intermediate rally in the dollar was due to the excessive shorting of the currency which resulted into a short squeeze (New World Reserve Currency)
Long Term- Massive Gold Bubble to emerge (expect to see the Dow/Gold Ratio to get very close to or exactly at a 1:1 ratio)
Long Term- Re-rise of Oil Bubble (will get above the previous high)
Long Term- Multiple year rise in Agricultural Commodities
Intermediate Term- Big Bear Market Rally
04/20/2009:
S&P 500: 832.39
Dow/Gold Ratio: 8.97
Long Term (Update) – Fall of Dollar: Will top out in a Head and Shoulders pattern
Long Term- India and China to exceed America in all forms of economic growth
Long Term- Once the hyperinflation gets into severe motion, expect prices of everything to rise substantially (even the stock market; reference: Zimbabwe)
Long Term- Expect any country that follows the guidelines of the U.S. recovery to avoid a protracted recession to have similar results as the U.S. in economic recovery; also expect that other countries that follow the U.S. monetary policy to have a corrupt government in which the top bankers have setup a similar “rigged” economy for the country
Long Term- Expect the interest rates to rise substantially
Long Term- Expect a rise in talks of more state secessions in U.S. (don’t be surprised to see strong political movement to actually secede a state in the future)
Long Term- Expect U.S. to get into another war in the Middle East (war always benefits the rich) – it will be a purposely prolonged war in order to reap more profits for the international bankers
Long Term- Will see more “New World Order” talks in an effort for globalization (one world government)
Long Term- Expect more of your Constitutional rights to be taken away in another effort to control the public; will lead to Revolution
Long Term- Expect Universities to have heavy financial troubles; many will go bankrupt
04/25/2009:
S&P 500: 866.23
Dow/Gold Ratio: 8.85
Long Term- Commercial Real Estate (CRE) Bubble to burst: Expect regional banks to get hit hard due to the fact that they financed the overleveraged CRE’s
Long Term- Expect the military might of the U.S. to fall much like the Soviet Union did previously
Long Term- Unless serious actions are taken by the citizens of the world, expect to see the international bankers to become more powerful, and rich in an effort to control “everything” from the palm of their hands
Let me know your thoughts on this at my website. Thanks
You’ve pretty much covered it dude. The only thing missing on your website is the ads where we can buy all the neat survival gear by the decent brands such as Ralph Lauren, North Face and of course Prada for the gals.
Does Perrier (with the lemon twist) come in survival packaging?
Frankly, I’m shocked. Not at the market, but rather at the fact that it is now 12:54 p.m. and HenryTheFool still hasn’t updated us as to his latest stool sample.
Baernie? No, that is not what I’m saying – I’m saying that currencies fluctuate……and nobody here trades them except……j. My Midas Fund is a steady gainer thanks to staying away from volatile fluctuating stuff like currencies.
Only down 47% in FAZ. Thats a win. Book it brosef…
Pestering commencing now.
Aussie, Aussie/ Dollyen/ Euro Yen all seem to be a little higher from earlier. Stocks may do okish today.
I got set on my second leg of dollar yen with my average just around here. S/l at 94.97.
Stocks are for asshats…call me if you want to open a CD instead. Great rates.
bought some Aussie yen right here.
by the way Crackerman by Stone Temple Pilots just plain rocks.
This market needs to set a significant higher low. It’s the only way to pull more greedy fools into the funnel.
mrkcbill thinks Mark Haines is the famous underwear mogul.
The cost of borrowing in dollars for three months between banks dropped the most in eight weeks as government and central bank efforts to unlock credit markets showed signs of bearing fruit.
The London interbank offered rate, or Libor, for such loans fell almost three basis points to 0.85 percent today, according to the British Bankers’ Association. The Libor-OIS spread, a measure of the unwillingness of banks to offer each other cash, narrowed three basis points to 65 basis points, the lowest level since June 16.
Libor, a benchmark gauge for about $360 trillion of financial products around the world from student loans to mortgages, has tumbled as the U.S. government and the Federal Reserve pledged $12.8 trillion to drag the economy out of its longest recession since the 1930s.
%$^&@! can’t get a borrow to expand uso…
where are all the new little shit-tards..who imitate the Flys buys or sells…little pathetic stupid fucks.
STEM..watch it for volume breakout
Back on SU. Followers of Hippias can’t touch ’em.
the market right here right now is in a tug of war between the bulls and the bears, right now it is even strength between the two, the question is which side will have a member trip and fall and cause a weak point in the line to cause them to dive face first and eat dirt?
I accept the best of the best to answer this?
Artist.
I think the cubs are throwing everything at it including the kitchen sink. Toss up but I reckon we close higher today. It just seems to me there’s a decent amount of dip buying that isn’t playing with scared money.
T MOE
j – – I don’t think that’s the case. IMO there are an absence of buyers, no big selling. The dip buyers are coming in after big selling. There is a staredown probably taking place waiting for each side to trow the first blow. Bears are looking for a place to attack. Look like oils may be the spot as the dip buyers are coming into the banks and holding them in a good spot early. Oils look weak, Techs look strong
One financial sight reporting a gorilla looking to buy 500000 contracts of spy june puts to open…follow the smart money
MOS and POT off to the moon again today.
just saying..
http://www.youtube.com/watch?v=smE-uIljiGo&feature=channel_page
Let me know your thoughts on this at my website. Thanks
M a r k e t R e p o r t
Started: April 5th, 2009
04/05/2009:
S&P 500: 842.50
Dow/Gold Ratio: 8.98
Long Term- A Depression that will dwarf the Great Depression (will occur in a hyperinflationary state)
Long Term- Bond Bubble to burst (U.S. Treasury is the only buyer)
Long Term- Unemployment to rise substantially above 25%
Long Term- Commercial Real Estate Bubble to burst (more severe than housing burst; will become more severe at the end of this year and really begin to go bust next year when loans default)
Long Term- Fall of Dollar: latest intermediate rally in the dollar was due to the excessive shorting of the currency which resulted into a short squeeze (New World Reserve Currency)
Long Term- Massive Gold Bubble to emerge (expect to see the Dow/Gold Ratio to get very close to or exactly at a 1:1 ratio)
Long Term- Re-rise of Oil Bubble (will get above the previous high)
Long Term- Multiple year rise in Agricultural Commodities
Intermediate Term- Big Bear Market Rally
04/20/2009:
S&P 500: 832.39
Dow/Gold Ratio: 8.97
Long Term (Update) – Fall of Dollar: Will top out in a Head and Shoulders pattern
Long Term- India and China to exceed America in all forms of economic growth
Long Term- Once the hyperinflation gets into severe motion, expect prices of everything to rise substantially (even the stock market; reference: Zimbabwe)
Long Term- Expect any country that follows the guidelines of the U.S. recovery to avoid a protracted recession to have similar results as the U.S. in economic recovery; also expect that other countries that follow the U.S. monetary policy to have a corrupt government in which the top bankers have setup a similar “rigged” economy for the country
Long Term- Expect the interest rates to rise substantially
Long Term- Expect a rise in talks of more state secessions in U.S. (don’t be surprised to see strong political movement to actually secede a state in the future)
Long Term- Expect U.S. to get into another war in the Middle East (war always benefits the rich) – it will be a purposely prolonged war in order to reap more profits for the international bankers
Long Term- Will see more “New World Order” talks in an effort for globalization (one world government)
Long Term- Expect more of your Constitutional rights to be taken away in another effort to control the public; will lead to Revolution
Long Term- Expect Universities to have heavy financial troubles; many will go bankrupt
04/25/2009:
S&P 500: 866.23
Dow/Gold Ratio: 8.85
Long Term- Commercial Real Estate (CRE) Bubble to burst: Expect regional banks to get hit hard due to the fact that they financed the overleveraged CRE’s
Long Term- Expect the military might of the U.S. to fall much like the Soviet Union did previously
Long Term- Unless serious actions are taken by the citizens of the world, expect to see the international bankers to become more powerful, and rich in an effort to control “everything” from the palm of their hands
Todd —
That Kentucky boy can rock, can’t he?
_____
Let me know your thoughts on this at my website. Thanks
You’ve pretty much covered it dude. The only thing missing on your website is the ads where we can buy all the neat survival gear by the decent brands such as Ralph Lauren, North Face and of course Prada for the gals.
Does Perrier (with the lemon twist) come in survival packaging?
CRE is taking the fuck off!
Dehydrated Perrier in a sealed envelope (with a lemon twist) does come in the survival package. j, nobody here trades currencies…..except you.
Bernie:
Getting currency info is a bad thing? Is that what you’re saying?
Frankly, I’m shocked. Not at the market, but rather at the fact that it is now 12:54 p.m. and HenryTheFool still hasn’t updated us as to his latest stool sample.
Baernie? No, that is not what I’m saying – I’m saying that currencies fluctuate……and nobody here trades them except……j. My Midas Fund is a steady gainer thanks to staying away from volatile fluctuating stuff like currencies.
Gone fishing my ass!
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=97135
Bernie;
If you had traded currencies you probably wouldn’t be in the slammer, you jerk. Now I have to sell the house because of you.
Oh my check the VIX. Retail going all in buying calls? This can’t be good.
Market closes up.
http://www.bernard-madoff-scam.blogspot.com Fly says no family laundry stuff here.
my grandmother totally beat the market last 2 years. strictly CDs.