Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
market mojo
Old 03-18-2007, 12:47 PM   #1
Recycles dryer sheets
 
Join Date: Jun 2005
Posts: 282
market mojo

"the New York Federal Reserve has been busy doing those short term market operations "... "This week alone over $76.2 BILLION flowed to primary dealers. What exactly for we don't exactly know, but the conventional guess is the capital is being deployed to prop up the stock market."

http://buttonwood1792.blogspot.com/2...-york-fed.html
__________________

__________________
igsoy is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: market mojo
Old 03-18-2007, 12:49 PM   #2
Moderator
bssc's Avatar
 
Join Date: Dec 2005
Posts: 9,929
Re: market mojo

Send a couple of hundred million my way to prop me up. I find it amusing that Greenspan still feels a need to cry recession
__________________

__________________
Angels danced on the day that you were born.
bssc is offline   Reply With Quote
Re: market mojo
Old 03-18-2007, 01:35 PM   #3
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: market mojo

Maybe you guys could help me understand these Plunge Protection Team conspiracy theories.

If there really was a PPT, why wouldn't they simply make that fact public? Surely the idea that they existed would be more powerful than monetary intervention, so they could save a bunch of money by just saying "we are the PPT."

And if it's so easy to manipulate the market, why isn't everybody doing it? I'm sure some giant hedge fund could arrange a nice line of credit if it were a sure thing.
__________________
wabmester is offline   Reply With Quote
Re: market mojo
Old 03-18-2007, 02:58 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Apr 2006
Posts: 1,487
Re: market mojo

tinfoil hats and black helicopters.
__________________
d is offline   Reply With Quote
Re: market mojo
Old 03-18-2007, 08:57 PM   #5
Recycles dryer sheets
 
Join Date: Feb 2006
Posts: 403
Re: market mojo

Wouldn't lowering rates be the fastest way to prop up the economy, especially if housing is the drag?
__________________
macdaddy is offline   Reply With Quote
Re: market mojo
Old 03-18-2007, 10:18 PM   #6
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: market mojo

The PPT is supposed to instantly prop up the market by buying index futures or something. Lowering the fed funds rate doesn't provide that sort of instant gratification. It would weaken the fed's cred as an inflation fighter, it would cause another asset bubble, and if you think Japan provides any sort of example, it may do nothing at all but cause the fed to run out of ammo.
__________________
wabmester is offline   Reply With Quote
Re: market mojo
Old 03-19-2007, 07:37 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: market mojo

Quote:
Originally Posted by d
tinfoil hats and black helicopters.
Piglet sodomizers.
__________________

__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
High Yield Bond Market ats5g FIRE and Money 23 11-11-2006 04:24 PM
Another Bear Market Looming? Rosalita FIRE and Money 74 07-14-2006 10:45 AM
Future of stock market jimhcom FIRE and Money 45 07-13-2005 04:19 PM
Market and public debt Marshac Other topics 6 08-30-2004 07:05 AM

 

 
All times are GMT -6. The time now is 12:44 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.