- This topic has 78 replies, 17 voices, and was last updated 17 years, 3 months ago by
CAwireman.
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July 29, 2007 at 12:49 AM #68528July 29, 2007 at 6:37 PM #68593
PD
ParticipantHey, whoever posted the link to Market-Ticker, thanks! Was it you, capeman?
Powayseller has found it too and her screen name is Peace. Ah, what beautiful irony!
July 29, 2007 at 6:37 PM #68662ParticipantHey, whoever posted the link to Market-Ticker, thanks! Was it you, capeman?
Powayseller has found it too and her screen name is Peace. Ah, what beautiful irony!
July 29, 2007 at 7:04 PM #68595CostaMesa
ParticipantSubprime is a catchword for the media trying to play and spin the bad data coming in.
Be careful about giving the media too much credit for what they are presenting. I have a hard time believing that Bloomberg, MSNBC, etc… are even marginally insulated from the influence of the industry that they report on.
It’s clear that a huge amount of what is seen is nothing more than regurgitated propaganda. Why else would the big boys in the financial services business go public with their ‘opinions’ except to improve their own chances of success?
What I would call true reporting – actually going out and digging up factual information that otherwise isn’t widely known – is fast becoming a lost art. Very few ‘reporters’ actually ever go out in search of anything except the lowest hanging fruit.
On topic – thanks to all for a wonderfully informative thread! 🙂
July 29, 2007 at 7:04 PM #68664ParticipantSubprime is a catchword for the media trying to play and spin the bad data coming in.
Be careful about giving the media too much credit for what they are presenting. I have a hard time believing that Bloomberg, MSNBC, etc… are even marginally insulated from the influence of the industry that they report on.
It’s clear that a huge amount of what is seen is nothing more than regurgitated propaganda. Why else would the big boys in the financial services business go public with their ‘opinions’ except to improve their own chances of success?
What I would call true reporting – actually going out and digging up factual information that otherwise isn’t widely known – is fast becoming a lost art. Very few ‘reporters’ actually ever go out in search of anything except the lowest hanging fruit.
On topic – thanks to all for a wonderfully informative thread! 🙂
July 29, 2007 at 8:59 PM #68605capeman
ParticipantBe careful expecting a rally at this point. There has been to much going on on the sell-side lately to think that this is just going to turn around. Even the better than expected GDP numbers couldn’t bring the rally back. There is not much in the way of good financial news to be expected in the near term and the credit market is getting hammered by more bad news everyday. Credit markets lead equities down and when AAA rated bonds are getting re-rated to BBB junk bonds (never supposed to happen!) that doesn’t bode anything outside of shite for the credit markets.
I’m not expecting more than dead cat bounces in the near term. It’s going down, just a matter of how far or how fast it is going down. Guard yourself on your longs and be watchful of what happens in the Asian and European markets this week. They give good indicators of whether this is a local or global meltdown we are seeing.
July 29, 2007 at 8:59 PM #68674ParticipantBe careful expecting a rally at this point. There has been to much going on on the sell-side lately to think that this is just going to turn around. Even the better than expected GDP numbers couldn’t bring the rally back. There is not much in the way of good financial news to be expected in the near term and the credit market is getting hammered by more bad news everyday. Credit markets lead equities down and when AAA rated bonds are getting re-rated to BBB junk bonds (never supposed to happen!) that doesn’t bode anything outside of shite for the credit markets.
I’m not expecting more than dead cat bounces in the near term. It’s going down, just a matter of how far or how fast it is going down. Guard yourself on your longs and be watchful of what happens in the Asian and European markets this week. They give good indicators of whether this is a local or global meltdown we are seeing.
July 29, 2007 at 9:04 PM #68609ParticipantHey, whoever posted the link to Market-Ticker, thanks! Was it you, capeman? Powayseller has found it too and her screen name is Peace. Ah, what beautiful irony!
I might have posted it but that is definitely an outstanding site with lots of great data behind the arguments. That site is as valuable a resource to smart investors as Piggington is to the housing market in SD.
I'll have to watch out for Peace on there. Probably going to see a copycat of the Ticker up soon with full bashing of KD and charging for it. ;0
July 29, 2007 at 9:04 PM #68678ParticipantHey, whoever posted the link to Market-Ticker, thanks! Was it you, capeman? Powayseller has found it too and her screen name is Peace. Ah, what beautiful irony!
I might have posted it but that is definitely an outstanding site with lots of great data behind the arguments. That site is as valuable a resource to smart investors as Piggington is to the housing market in SD.
I'll have to watch out for Peace on there. Probably going to see a copycat of the Ticker up soon with full bashing of KD and charging for it. ;0
July 29, 2007 at 9:25 PM #68611CAwireman
ParticipantIs this the Ticker website?
http://market-ticker.denninger.net/
market-ticker dot denninger dot net
I’ll have to have a peek.
HiggyBaby
July 29, 2007 at 9:25 PM #68680ParticipantIs this the Ticker website?
http://market-ticker.denninger.net/
market-ticker dot denninger dot net
I’ll have to have a peek.
HiggyBaby
July 29, 2007 at 11:02 PM #68617HereWeGo
ParticipantChina is still telling the rest of the financial world to hush its collective mouth.
The Shanghai Express blasted through its all time high and does not appear to be looking back.
How odd that the country that would most likely be adversly affected by “SUUUUUUBPRIIIIIME” is the country that seems least concerned by the issue.
US Futures are awfully strong to the upside, but that could certainly change once the Europeans resume their bedwetting ways.
July 29, 2007 at 11:02 PM #68686ParticipantChina is still telling the rest of the financial world to hush its collective mouth.
The Shanghai Express blasted through its all time high and does not appear to be looking back.
How odd that the country that would most likely be adversly affected by “SUUUUUUBPRIIIIIME” is the country that seems least concerned by the issue.
US Futures are awfully strong to the upside, but that could certainly change once the Europeans resume their bedwetting ways.
July 30, 2007 at 7:05 AM #68625ParticipantThat’s it, HiggyBaby.
July 30, 2007 at 7:05 AM #68695ParticipantThat’s it, HiggyBaby.
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