THE DOT - if this turns orange or red be alert

Thursday, April 1, 2010

Thursday Brainstorming - part 1

1. The usual new quarter rush of fools money into the market it seems for today as the end of the short week with jobless numbers due tomorrow on a market holiday with Goldman selling into the spike. Remember it ws Goldman who bought all last week big contracts to bring the record short covering effect for the big contract last week. Here one good reason why some smart money sells.

excerpt 1

Maybe they noticed the inventory metric within ISM data jumped to 55.3, the highest reading in over 20 years.

As a comparison, at the peak of the dot com absurdity, the highest the inventory reading got to was 52.3

excerpt 2

Goldman Selling Several Thousand S&P Large Contracts @ 1177

2. Geithner is a criminal agent of Rothschilds and Rockefellers as the release of the FED proves. The NY FED bought assets at par which were worth far less that is a criminal abuse of taxpayer money and prison is the only answer.


The New York Fed created Maiden Lane II and Maiden Lane III to support the $182 billion AIG rescue. The former bought mortgage-backed bonds from AIG's insurance subsidiaries. The latter bought investments AIG had insured that were held by other big banks. The New York Fed, then run by Treasury Secretary Timothy Geithner, paid banks full price for investments that already had lost much of their value.

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