Comments on: 2008-07-02 US Economic Releases http://moslereconomics.com/2008/07/02/2008-07-02-us-economic-releases/ St Croix, United States Virgin Islands Thu, 09 Feb 2012 07:00:21 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: warren mosler http://moslereconomics.com/2008/07/02/2008-07-02-us-economic-releases/comment-page-1/#comment-1029 warren mosler Fri, 04 Jul 2008 07:49:32 +0000 http://www.moslereconomics.com/?p=2791#comment-1029 yes, it's fluid, and with rate hikes gaining popularity i wouldn't do any bottom fishing for a trade. yes, it’s fluid, and with rate hikes gaining popularity
i wouldn’t do any bottom fishing for a trade.

]]> By: Rob K. http://moslereconomics.com/2008/07/02/2008-07-02-us-economic-releases/comment-page-1/#comment-1027 Rob K. Thu, 03 Jul 2008 22:49:32 +0000 http://www.moslereconomics.com/?p=2791#comment-1027 Warren, When you mention wait to turn north...you're thinking short term bounce or major bottom in? Seems if oil declines we could have a big bounce. Otherwise, looks like we're pretty precarious technically....what do you think? Thanks, Rob K. Warren,

When you mention wait to turn north…you’re thinking short term bounce or major bottom in? Seems if oil declines we could have a big bounce. Otherwise, looks like we’re pretty precarious technically….what do you think?

Thanks,

Rob K.

]]> By: RSG http://moslereconomics.com/2008/07/02/2008-07-02-us-economic-releases/comment-page-1/#comment-1025 RSG Thu, 03 Jul 2008 16:00:16 +0000 http://www.moslereconomics.com/?p=2791#comment-1025 Bank stocks trading like they're all going out of business. Seems half the group trading below tangible book value. Bank stocks trading like they’re all going out of business. Seems half the group trading below tangible book value.

]]> By: jcmccutcheon http://moslereconomics.com/2008/07/02/2008-07-02-us-economic-releases/comment-page-1/#comment-1024 jcmccutcheon Thu, 03 Jul 2008 14:31:36 +0000 http://www.moslereconomics.com/?p=2791#comment-1024 I think a significant pull back in crude oil can pop the stock market to the up side. Hearing that short interest is very high in US stocks. Any update on legislation to limit crude oil speculation? BTW, Bill Gross calling for 1 Trillion$ deficit. He been reading this site? http://seekingalpha.com/article/83264-bill-gross-to-president-obama-double-the-deficit I think a significant pull back in crude oil can pop the stock market to the up side. Hearing that short interest is very high in US stocks.

Any update on legislation to limit crude oil speculation?

BTW, Bill Gross calling for 1 Trillion$ deficit. He been reading this
site?

http://seekingalpha.com/article/83264-bill-gross-to-president-obama-double-the-deficit

]]> By: warren mosler http://moslereconomics.com/2008/07/02/2008-07-02-us-economic-releases/comment-page-1/#comment-1023 warren mosler Thu, 03 Jul 2008 08:35:21 +0000 http://www.moslereconomics.com/?p=2791#comment-1023 Yes, and doesn't look like there's any shortage of it coming over the immediate future supporting your point, when i look at individual stocks fundamentally they all look dirt cheap. and even the energy related stocks seem mostly priced to much cheaper oil it all looks 'priced to worst' but rather than call a bottom seems more prudent to wait for it to turn north before jumping in Yes, and doesn’t look like there’s any shortage of it coming over the immediate future

supporting your point, when i look at individual stocks fundamentally they all look dirt cheap. and even the energy related stocks seem mostly priced to much cheaper oil

it all looks ‘priced to worst’ but rather than call a bottom seems more prudent to wait for it to turn north before jumping in

]]> By: jcmccutcheon http://moslereconomics.com/2008/07/02/2008-07-02-us-economic-releases/comment-page-1/#comment-1022 jcmccutcheon Wed, 02 Jul 2008 22:15:05 +0000 http://www.moslereconomics.com/?p=2791#comment-1022 The level of pessimism in financial markets is something to behold. Seems like every piece of negative data will sell off the markets. The level of pessimism in financial markets is something to behold. Seems like every piece of negative data will sell off the markets.

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