Wednesday, August 13, 2008

Pat at TF says rumors are breaking out of HOT CPI tomorrow.

I am telling you, it's not about the beginning of each month that I should preach about moving the rate expectation up, and up fast before the price increases AND their expectation STICKS. Time is soooo running out.

Economy is like the Titanic, by the time it turns left u should have had the wheel on neutral or right. Additionally, CPI is a NEUTERED, IMPOTENT INDICATOR and yet IF IT STILL SHOWS HOT CPI you know which way it points, RIGHT?

7 comments:

gtt said...

they are also trying to lure in retail sheepies with a nice pump here. it's ok sheepies. don't mind those fangs protruding from under my sheepskin.....

MTGSPY said...

i am not even sure what's keeping the players of IWM. Do they not know how to read RSI?

ARAK said...

just posted a new list of IWM high fliers on greenie's blog. I wouldn't be surprised to see R2K go up to the 78 range before it keels over... look it up mtgspy and find me a R3K put buying vehicle.

MTGSPY said...

@75, it pales in comparison with my target of 62. When I saw FLO in IWM, it took restraint to not add anymore today into the puts.

ARAK said...

How did you arrive at a target of 62? Whats the logic behind it? And is that something near term or more like year end?

jill said...

Could you post a link to Pat at TF?

TIA

MTGSPY said...

http://www.tickerforum.org/cgi-ticker/akcs-www?post=56274



enjoy.