FUCK!
FUCK!
UPDATE 2:33pm EST: Exhibit A:
Exhibit B:
Exhibit C:
Exhibit D:
I see most of the activity/compression in the 10-year bond yield. I am not a bond trader but IMHO this could dislocate the bond market.
BTW, go here tomorrow. Fucking Cramer is on MSNBC right now praising Bernanke – and I quote:
This is the real deal – I can’t believe how good this guys is. In Ben Bernanke I trust!
— Jim Cramer
Okay, this is how I feel about all this:
BTW, for the record: I’m not pissed because I am losing money – I was actually mostly in cash except for DLTR and GLD.
Anyway, watch the 800 level – which we are touching right now in the futures – 805 on the SPX and it’s bye bye for the bearish scenario.