Comments on: These markets and the Fed http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/ Fri, 21 Nov 2008 02:24:15 +0000 http://wordpress.org/?v=2.6 By: ThatStockGuy http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-828 ThatStockGuy Wed, 02 Apr 2008 06:09:47 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-828 Internet Hoax Gooses Stock Market http://seekingalpha.com/article/70771-internet-hoax-gooses-stock-market Internet Hoax Gooses Stock Market
http://seekingalpha.com/article/70771-internet-hoax-gooses-stock-market

]]> By: ThatStockGuy http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-810 ThatStockGuy Sat, 29 Mar 2008 22:40:09 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-810 Thanks Andrew for the stories and links. I didn't know about the 100B on Friday. The latest article you posted...ummm I'm speechless. They create the problem, and now given more power? Thanks Andrew for the stories and links. I didn’t know about the 100B on Friday. The latest article you posted…ummm I’m speechless. They create the problem, and now given more power?

]]> By: Andrew http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-803 Andrew Sat, 29 Mar 2008 06:34:14 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-803 Here they come again...on Monday. ============================== http://www.nytimes.com/2008/03/29/business/29regulate.html?ei=5065&en=7ba12b1b93b17830&ex=1207368000&partner=MYWAY&pagewanted=print March 29, 2008 Treasury Dept. Plan Would Give Fed Wide New Power By EDMUND L. ANDREWS WASHINGTON — The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system. The proposal is part of a sweeping blueprint to overhaul the nation’s hodgepodge of financial regulatory agencies, which many experts say failed to recognize rampant excesses in mortgage lending until after they set off what is now the worst financial calamity in decades. (...) Here they come again…on Monday.
==============================
http://www.nytimes.com/2008/03/29/business/29regulate.html?ei=5065&en=7ba12b1b93b17830&ex=1207368000&partner=MYWAY&pagewanted=print

March 29, 2008
Treasury Dept. Plan Would Give Fed Wide New Power

By EDMUND L. ANDREWS

WASHINGTON — The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.

The proposal is part of a sweeping blueprint to overhaul the nation’s hodgepodge of financial regulatory agencies, which many experts say failed to recognize rampant excesses in mortgage lending until after they set off what is now the worst financial calamity in decades.
(…)

]]> By: Andrew http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-799 Andrew Fri, 28 Mar 2008 21:18:05 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-799 At the beginning of this month we had "3 crows" candles (very bearish sign) in DOW and FED reversed the trend by announcing $400 billion bailout for investment banks. Today we had another set of those 3 "birds" and what the FED tried to do? No kidding - "Fed Offers $100 Billion More to Banks". That news was actually reported today (Friday) early afternoon but market somehow ignored it this time. I wonder why? http://www.washingtonpost.com/wp-dyn/content/article/2008/03/28/AR2008032801517_pf.html Fed Offers $100 Billion More to Banks By MARTIN CRUTSINGER The Associated Press Friday, March 28, 2008; 4:42 PM WASHINGTON -- The Federal Reserve announced Friday it will auction an additional $100 billion in April to cash-strapped banks as it continues to combat the effects of a credit crisis. The central bank said it would make $50 billion available at each of two auctions, on April 7 and April 21. (...) At the beginning of this month we had “3 crows” candles (very bearish sign) in DOW and FED reversed the trend by announcing $400 billion bailout for investment banks. Today we had another set of those 3 “birds” and what the FED tried to do? No kidding - “Fed Offers $100 Billion More to Banks”. That news was actually reported today (Friday) early afternoon but market somehow ignored it this time. I wonder why?

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/28/AR2008032801517_pf.html

Fed Offers $100 Billion More to Banks

By MARTIN CRUTSINGER
The Associated Press
Friday, March 28, 2008; 4:42 PM

WASHINGTON — The Federal Reserve announced Friday it will auction an additional $100 billion in April to cash-strapped banks as it continues to combat the effects of a credit crisis.

The central bank said it would make $50 billion available at each of two auctions, on April 7 and April 21.
(…)

]]> By: ThatStockGuy http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-773 ThatStockGuy Tue, 18 Mar 2008 16:58:36 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-773 Here is a weekly chart of the Dow with that moving average I talked about several times.... 170ema http://stockcharts.com/h-sc/ui?s=$INDU&p=W&yr=3&mn=0&dy=0&id=p10506050381 Is this the bottom or is this just a bounce in a bear market? That 170ema plays as major resistance in many of my small caps on daily charts. I'm still on the fence, I see a lot of green today, but small % and not much volume. The $NASI is still heading down. <a href="http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=1&mn=0&dy=0&id=p12213129352" rel="nofollow">http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=1&mn=0&dy=0&id=p12213129352</a> The Markets are up big! Whats going to happen when the FED makes the announcement, sell the news? Still waiting for the buy signal........ Here is a weekly chart of the Dow with that moving average I talked about several times…. 170ema
http://stockcharts.com/h-sc/ui?s=INDU&p=W&yr=3&mn=0&dy=0&id=p10506050381

Is this the bottom or is this just a bounce in a bear market? That 170ema plays as major resistance in many of my small caps on daily charts. I’m still on the fence, I see a lot of green today, but small % and not much volume. The $NASI is still heading down.
http://stockcharts.com/h-sc/ui?s=NASI&p=D&yr=1&mn=0&dy=0&id=p12213129352

The Markets are up big! Whats going to happen when the FED makes the announcement, sell the news? Still waiting for the buy signal……..

]]> By: ThatStockGuy http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-767 ThatStockGuy Mon, 17 Mar 2008 04:22:43 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-767 Living Large...... <script type="text/javascript" src="http://www.reason.tv/embed/video.php?id=61"></script> 8/28/2006-Peter Schiff On Kudlow & Company <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/LfascZSTU4o&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/LfascZSTU4o&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object> Living Large……

8/28/2006-Peter Schiff On Kudlow & Company

]]> By: ThatStockGuy http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-765 ThatStockGuy Mon, 17 Mar 2008 01:42:46 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-765 Here is a video of the CEO of Bear Stearns on CNBC Wed. Mar. 12 2008 | 9:05 AM http://www.cnbc.com/id/15840232?video=682914860&play=1 From what I've been reading market has priced in 3/4 rate cut. You're right nothing bullish about that. He's trying to ease the problem but it doesn't seem to be working. I have no idea how long, the dollar doesn't have much further to go before it really starts to free fall. Here is a video of the CEO of Bear Stearns on CNBC
Wed. Mar. 12 2008 | 9:05 AM
http://www.cnbc.com/id/15840232?video=682914860&play=1

From what I’ve been reading market has priced in 3/4 rate cut. You’re right nothing bullish about that. He’s trying to ease the problem but it doesn’t seem to be working. I have no idea how long, the dollar doesn’t have much further to go before it really starts to free fall.

]]> By: Andrew http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-764 Andrew Mon, 17 Mar 2008 00:45:45 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-764 Wow! What are they going to do on Tuesday? I don't think cutting rates in such a "hurry" manner is Bullish sign. You are right, Ben is trying to draw charts. How long can he do that, though? Wow! What are they going to do on Tuesday? I don’t think cutting rates in such a “hurry” manner is Bullish sign. You are right, Ben is trying to draw charts. How long can he do that, though?

]]> By: ThatStockGuy http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-763 ThatStockGuy Mon, 17 Mar 2008 00:04:34 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-763 The Federal Reserve on Sunday cut the rate on direct loans to commercial banks by a quarter-point and said it will allow primary dealers to borrow at the rate in exchange for a broad range of investment-grade collateral. http://www.marketwatch.com/news/story/fed-cuts-discount-rate/story.aspx?guid=%7B3D168510%2D4A22%2D4F0B%2D9E52%2DECE3672E3E9F%7D&dist=hplatest The Federal Reserve on Sunday cut the rate on direct loans to commercial banks by a quarter-point and said it will allow primary dealers to borrow at the rate in exchange for a broad range of investment-grade collateral.

http://www.marketwatch.com/news/story/fed-cuts-discount-rate/story.aspx?guid=%7B3D168510%2D4A22%2D4F0B%2D9E52%2DECE3672E3E9F%7D&dist=hplatest

]]> By: ThatStockGuy http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-762 ThatStockGuy Mon, 17 Mar 2008 00:04:09 +0000 http://www.thatstockguy.com/2008/03/15/these-markets-and-the-fed/#comment-762 Thanks Andrew, This isn't good... BSC for 2 dollars. Shares of Bear Stearns closed at $57.00 Thursday, before that agreement was announced amid news of the company's liquidity crisis. http://www.marketwatch.com/news/story/jp-morgan-buy-bear-stearns/story.aspx?guid=%7B9B6A846F%2DA585%2D4123%2DBB53%2DCB3E07A3CFCE%7D Thanks Andrew,

This isn’t good… BSC for 2 dollars.
Shares of Bear Stearns closed at $57.00 Thursday, before that agreement was announced amid news of the company’s liquidity crisis.
http://www.marketwatch.com/news/story/jp-morgan-buy-bear-stearns/story.aspx?guid=%7B9B6A846F%2DA585%2D4123%2DBB53%2DCB3E07A3CFCE%7D

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