Thursday, March 15, 2007

Patience Grasshopper

This AM's PPI numbers provide no relief. The CPI number tomorrow is more important. Waiting patiently for news. The trend / "path of least resistance" is down without good news.

7 comments:

Bud said...

Well Mern...you aren't a total moron after all. For 3 years you been predicting stagflation. Todays PPI number was hot and the economy definitely slowing down. What will Ben do now?

mern said...

well they shud let some creative destruction play out, but with the short end near 6, y not add another pat of butter to the margin tree for the ameris.

id like to see if the beefers get the S7P to 1400 by tom. that wud be a hoot

mern said...

gonna try some USNA sh here stp 50 day
ive always thought that was a scam

Bud said...

Oh mern...you gettin brainwashed by the Bunkerman. Beefers don't act in unison or as a cartel.....they are trading just like you and me. The market can go to 1400......the beefers ain't 'gettin' it there.

Bunkerman said...

Hmmmm Bud, I suppose you don't believe that "window dressing" exists either. Or "pinning" at options expiration. Just the "efficient market" at work? ;-)

Bud said...

Uh Bunkerman....if you believe the market is not efficient and is rigged by the 'beefers'......why are you in them? Why are you risking your hard earned wealth to a bunch of conspiring looters?

Bunkerman said...

That's easy, Bud. I know the beefers are there & I look for signs of their actions & behavior. When they cease stomping around & move off towards a new waterhole [aka, a trend develops], I hop onto their backs and ride along. I pick out the leaders & ride with them. :-)