tag:blogger.com,1999:blog-34323687.post7911344896639410794..comments2024-03-29T15:07:48.008+00:00Comments on Macro Man: Anatomy of a market correctionMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-34323687.post-45168397545528959552007-03-06T21:54:00.000+00:002007-03-06T21:54:00.000+00:00Ouch, ouch, that squeeze hurts! Went short some m...Ouch, ouch, that squeeze hurts! Went short some more at 3.55 pm, gritting teeth, waiting for "phase 3". Will go short till broke on upswings. This is nerve wracking. Maybe I should be out playing shuffleboard like my wife said. OldVetAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-21074862222903302632007-03-06T15:35:00.000+00:002007-03-06T15:35:00.000+00:00I thought it started because, sitting in for Abels...I thought it started because, sitting in for Abelson on May 6th, one Randall Forsythe took AADWS cotton-candy bullish... for the first and last time.Charles Butlerhttps://www.blogger.com/profile/00486529931043507880noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-36172739730434455192007-03-06T13:43:00.000+00:002007-03-06T13:43:00.000+00:00I don't think it's altogether surprising that bond...I don't think it's altogether surprising that bond performance has been different; after all, last May started as an inflation/credibility issue (remember Bartiromo-gate?) , whereas currently we have a growth scare.<BR/><BR/>What people do appear to agree on is that the so-called 'strike of the Bernanke put' is condiserably further out of the money than the Greenspan put used to be. Then again, Bernanke was drinking sherry in an ivory tower in 1987 and 1998...Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-67217478899708751932007-03-06T12:49:00.000+00:002007-03-06T12:49:00.000+00:00Bonds have under-reacted in comparison with last M...Bonds have under-reacted in comparison with last May. One could imagine central bankers thinking about taking advantage of the current chaos to rid themselves of their presumed responsibility to shore up risky markets,... especially if a certain new face wanted to distinguish himself from his predecessor.Charles Butlerhttps://www.blogger.com/profile/00486529931043507880noreply@blogger.com