Ben Bernanke Gives All Clear To Go Short

Discussion in 'Wall St. News' started by ByLoSellHi, Feb 14, 2008.

  1. S2007S

    S2007S

    DO YOU ACTUALLY BELIEVE THAT ONE???

    INFLATION IS NOT REASONABLY WELL ANCHORED...

    How many here believed the federal reserve when they said just months ago that economy would grow at a moderate pace and that housing would have no impact on the economy, that inflation remained in check.




    Dont believe them when they say:


    ``To date, inflation expectations appear to have remained reasonably well anchored,'' he said.
     
    #11     Feb 14, 2008
  2. Inflation is reported by the government. So Bernanke is technically correct.
     
    #12     Feb 14, 2008
  3. Mvic

    Mvic

    People are not half as stupid as they think. When they make these kind of statements they lose credibility and they are suposed to be the puppet masters. If people feel they don't know what they are doing and are not in touch with what is going on the markest lose credibility and it makes everyone very nervous. They have to start telling the truth.
     
    #13     Feb 14, 2008
  4. YES!
     
    #14     Feb 14, 2008
  5. Perhaps the people that are in the financial markets are not half that stupid but joe six pack is probably twice as stupid.

    ask 10 people on the street (main not wall) who Ben is and they wont have a clue.
    ask them what the prime rate is and they wont have a clue.
    Ask them what the national debt is and they wont have a clue.

    Ask them what they are doing tonight and they will tell you they are watching American Idiol.

    Sorry but I do think on average they ARE that stupid
     
    #15     Feb 15, 2008
  6. Fangdog

    Fangdog

    People know what they need to know as to what they do. As to as what it is which caused their need to do it? They haven't a clue.
     
    #16     Feb 15, 2008
  7. Bootsie

    Bootsie

    Savings ?

    How are American's supposed to do that with a -2% savings rate?
     
    #17     Feb 15, 2008
  8. Short every rally. Banks are not loaning money; credit markets have seized up; inflation is roaring; net job losses are going to get much larger; even the government will have to cut back spending soon; if you only knew (some of you do) how reluctant banks are to make new loans, it would shock you.

    Men, see the forest through the trees. There's a giant shit sandwich being prepared, and everyone's going to have to take a bite.

    Take your chips off the table, trade accordingly, and hope you only have to take a small bite.
     
    #18     Feb 20, 2008
  9. With due respect, people have been singing this song for ~5 years. I'm not holding my breath. If it's not subprime it's china's currency manipulation. If it's not the USD being devalued it's offshoring of jobs.

    Blah.


    Trade the tape.



    Regards,
     
    #19     Feb 20, 2008
  10. LMAO, that was terrible
     
    #20     Feb 20, 2008