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the bear is back biatches!! printing cancel....
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ME thinks Big Ben is gonna cut .50 bp and stimulus package......kick start this economy....and thats when you run for the hills

nah think we could get S&P up at at least 1400 in this leg up, these bear shakes are a normal part of bear markets

think time to run for the hills on the long side will be soon after fed meeting

the question will become how greedy i get as far as piling back in my tradable short portion of my holdings so i don't miss the next leg down
 

the bear is back biatches!! printing cancel....
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y markets starting to get happy over the tax rebate annoucement i think
 

the bear is back biatches!! printing cancel....
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many more jdog

this market acting like a bear

will be a choppy ride

plus good trap here making bulls think fed cuts and tax rebates will save us

did the same thing during 2000-2002
 

the bear is back biatches!! printing cancel....
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hmmm....markets swooning down now

dow barely green

granted probably just noise within the bear shake leg up we'll see
 

the bear is back biatches!! printing cancel....
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:lolBIG:

yen carry trade rules :party:

-----------------------

Bank of Japan May Cut Key Rate to 0.25% Next Quarter, Morgan Stanley Says

Jan. 24 (Bloomberg) -- The Bank of Japan may lower its benchmark interest rate as soon as next quarter, according to Takehiro Sato, chief Japan economist at Morgan Stanley in Tokyo.

''The recent meltdown in markets may well affect economic fundamentals,'' Sato wrote in a report to clients today. ''We need to seriously consider the possibility of a reversion to the zero-interest-rate policy.''

Concern that the world's largest central banks will need to loosen policy have risen since the U.S. Federal Reserve cut its benchmark rate by three quarters of a percentage point this week. Investors see a 60 percent chance the Bank of Japan will lower its key rate from 0.5 percent by June, according to JPMorgan Chase & Co. calculations using overnight interest-rate swaps.

A move in the quarter beginning April 1 is the most likely because the bank will have new leadership, Sato said. The terms of Governor Toshihiko Fukui and his two deputies expire in March.

Given that Japan's borrowing costs are already low, the bank may also opt to increase its monthly purchase of government bonds or set a numerical inflation gauge to avoid reducing its policy rate to zero, Sato said. The bank currently purchases 1.2 trillion yen ($11.3 billion) of government bonds every month.

A return to zero rates ''is the move that the BOJ will be most anxious to avoid, and we have not extended our main scenario that far,'' Sato said. The bank may need to cut rates further if a U.S. recession is more serious than expected, he said.
 

the bear is back biatches!! printing cancel....
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markets trying to blast through highs of the day into close

get your bear shake on

:party:

gold flying 912

inflation rules biatches
 

hangin' about
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THE FED DOESN'T PRINT MONEY! It's amazing to me that people can criticize/defend the Fed without even knowing what the Fed does.

EDIT: I see someone else noticed this too. I didn't read the last page

Okay, so they don't have a printing press.

They control the nation's monetary policy. Same damned thing.
 

the bear is back biatches!! printing cancel....
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msft provides more bear shake fuel

up 4% in AH on earnings

nasdaq 100 up 1.18%

:party:
 

the bear is back biatches!! printing cancel....
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brcm with its 77 p/e and all

up 11% in AH on earnings

shake shake shake!!!

indymac and ambac up huge in AH

jnpr absolutely flying!!!

mchp going good

amgn up 5%

weeeeee

bear shakes are fun

:party:
 

Triple digit silver kook
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hmmm....markets swooning down now

dow barely green

granted probably just noise within the bear shake leg up we'll see

I have to start forcing myself to stick around for these posts.

Alot of money to be made in this thread.

Jdog, yes you should have put at least half your cash bankroll on intc earlier this week.

:drink:
 

the bear is back biatches!! printing cancel....
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i'm rooting for more green DAW what i'm saying has nothing to do with what i'm trading....

i'm probably holding out for at least 1400 S&P at least till i jump back all in on the short side

think this shake has some legs and based on AH looks like should be another tech squeeze rampola tomorrow
 

role player
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US RATE FUTURES-Jan FOMC debate reshaped - again

By Ros Krasny

CHICAGO, Jan 24 (Reuters) - Prospects for aggressive Federal Reserve interest rate cuts next week withered on Thursday in the face of worries the Fed might have been blindsided in making this week's huge inter-meeting move.

Short-term rate futures tumbled on news of a massive, $7.1 billion loss at French bank Societe Generale (SOGN.PA: Quote, Profile, Research), blamed on the actions of a rogue trader.

Dealers said that huge losing positions unwound by SocGen starting on Monday may have behind the global stock market rout and may have given rise to the Fed's rate cut.

"If the Fed feels it's given the market a 'free' rate cut it might be less willing to cut rates next week," Steve Barrow, chief currency strategist at Bear Stearns in London, said in a research note.

A Fed source told Reuters on Thursday the Fed was not aware of the rogue trader scandal before it decided on its emergency rate cut, adding that policy-makers remain fully comfortable with their decision.

The implied chances for a 50 basis point rate cut to follow the Federal Open Market Committee's Jan 29-30 meeting <0#FF:> fell as low as 58 percent after being fully priced late on Wednesday.

At the week's highs, futures had suggested the Fed could make a second cut of 75 basis points, making its rate cut on Tuesday, which brought the benchmark rate to 3.5 percent.

"Some of the inflation hawks on the Committee might argue that absent a stock debacle this week's 75 basis point rate cut is at least enough, maybe even too much, for now," said Lou Brien, market strategist at DRW Holdings in Chicago.

"I think we can assume it will be fodder for debate when the FOMC meets next week," he said.

A bigger savaging took place in futures contracts for later in 2008. The implied fed funds rate by mid-year rose toward 2.5 percent from 2.19 percent on Wednesday.

The futures sell-off was also tied to lower-than-expected weekly jobless claims suggesting the U.S. labor market -- seen as a key variable for Fed policy -- might not be as weak as some had assessed.

Claims of 301,000 for the week ended Jan. 19 were the lowest since the week ended Sept. 22 and well below the Wall Street consensus of 325,000.

"With the data not corroborating Street beliefs that the economy is in recession, suggesting further hefty Fed easing may not be appropriate, many are taking chips off the table," said strategists at Action Economics.

Data on the employment situation has improved somewhat since the notably weak December payrolls report, released on Jan. 4, became one of the key elements in assessments that the U.S. economy is close to, or even already in, a recession.

"On balance, these data indicate a softer labor market but not a recessionary one," said Steven Wood, chief economist at Insight Economics in Danville, California. (Editing by Leslie Adler)
 

the bear is back biatches!! printing cancel....
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yeah with this rally also is coming

lower dollar, higher gold, oil back to 90, and bonds now 3.66%

probably only 25 bp or maybe none if we keep rallying and commodties keep booming moving to fed meeting

the have no wiggle room

only way they keep the markets up is totally meaningless in nominal terms
 

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3.2 Million Unemployed Americans Apply For Opening At Ohio-Area Bob Evans

USA has been in a recession for several months....The Greater Depression is a LOCK.

Real unemployment is already well into double digits and headed much higher.

"I would kill for this opportunity," said laid-off autoworker Chris Thaney, who has been unemployed since 2006 and previously earned $75,000 a year

FINDLAY, OH—In what some economists believe to be a sign that the U.S. could be headed for a recession, a job opening last month at the Findlay-area Bob Evans prompted a deluge of more than 3 million job applications from out-of-work Americans, restaurant manager Tom Fields confirmed Tuesday.
Within three days of placing a "Help Wanted" sign at the Bob Evans front entrance, Fields reportedly received more than 800,000 resumés for the part-time hostess job. The newly available position offers no health benefits, minimum-wage pay, and a dress code that mandates both the standard red-and-white Bob Evans kerchief and "a smile," as well as a 15 percent discount on all meals eaten during one's shift.

evans.article.jpg
More than 74,000 qualified applicants wait to speak with the manager

"Word of a job opening in this country sure does travel fast," the visibly exhausted Fields said. "I'm just dreading having to make those 3,199,999 rejection phone calls."
Over the next two weeks, another 2 million applications poured into the chain eatery from college graduates, former teachers, engineers, factory workers, computer programmers, 60,000 Americans formerly employed in the private sector, construction workers, Ph.D. candidates, and nearly 1.3 million Americans who have previous food service experience—including 230 former executive chefs.
Fields, who decided to forgo calling the group's 6 million personal and professional references before making this particular hire, called the selection of potential hostesses "very strong."
Although competition among the applicants has been fierce, many say they are simply glad to once again have the chance to apply for a job.
"I would kill for this opportunity," said former Ford plant supervisor Chris Thaney, who has been unemployed since 2006 and previously earned $75,000 a year. "I really think this is the lucky break my family and I have been waiting for."
Thaney, who waited for 15 hours for an interview in a line extending out the door, around the block, and into neighboring Toledo, said he was so excited by the possibility of securing the 25-hour-a-week position that he uprooted his family from Georgia and moved them to Findlay.
After the interview, Fields told the 43-year-old father of three that he would keep his resumé on file and "would let [him] know."

Former pediatrician Dr. Peter Weintraub, whose beeper number is (203) 494-1375, was not offered the job.

"The final decision will be tough," Fields said. "We're looking for someone who is a team player, has good people skills, and won't buckle under the pressure. This place can get pretty nuts during breakfast, and we're always slammed after church on Sundays."
Fields said that he has already gone through one round of interviews, and plans to tackle the rest of the 2 million resumés piled up on his desk by the end of next month. He hopes to have the field narrowed to 400,000 by the end of August.
Leading economists said they were not surprised by the turnout. More than 4 million Americans reportedly applied for a job at a Fort Wayne, IN American Eagle Outfitters in December, and all 7.7 million of the nation's unemployed expressed interest in a part-time, holiday-only position at the Westmoreland Mall Sunglass Hut last November.
A number of experts also predicted that, once the position at Bob Evans is filled, there will not be another job opening in America for at least six months.
"I completely botched the interview," said former AT&T mainframe programmer Richard Morrow, who studied the Bob Evans menu extensively for the interview, but was flustered when Fields only seemed interested in Morrow's experience studying abroad in college. "I wanted it too bad and it showed."
Thus far Fields has remained tight-lipped about any leading candidates for the job. Sources amongst the waitstaff, however, were "almost certain" that the position would be filled as early as next Wednesday by Fields'16-year-old niece, Samantha.

http://www.theonion.com/content/index/4403
 

Triple digit silver kook
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Where have you been Steam?

I just cannot believe that story you posted is anything near reality though.

Its rough for people looking for work, but that article is stretching the truth.

:icon_conf

yeah joe, i should have known steam just wanted to make a point things arent well in the heartland.

actually, from what i know about the area, findlay is better off than most other parts of this state.
 

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actually, from what i know about the area, findlay is better off than most other parts of this state.

I was in Findlay a few weeks ago on my way to Dayton... shops are closing left and right. Lets just say that the "0-5" crowd is making its way down there... you can thank promised amnesty and subsided health and education for that %^_

But hey, it is the flag city after all... and I did get to play against Ben Rothlesberger in high school as a defensive back... to bad we lost 70-0 :ohno:
 

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