tag:blogger.com,1999:blog-6492542366661862113.post6073410810363018074..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: Bond Talk With a Veteran Credit TraderJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-6492542366661862113.post-86169398356735187342009-08-11T16:17:16.467-07:002009-08-11T16:17:16.467-07:00Post up late tonight
8-9Post up late tonight<br /><br />8-9Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-74532509289646706482009-08-11T11:07:40.448-07:002009-08-11T11:07:40.448-07:00Hi Jeff:
Check out the following ditty entitled t...Hi Jeff:<br /><br />Check out the following ditty entitled the "Obama Man" sung to the tune of the "Candy Man".<br /><br />http://www.youtube.com/watch?v=zhhkF3dqXR0<br /><br />RayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-12075425433348188662009-08-11T08:37:37.615-07:002009-08-11T08:37:37.615-07:00Let's take a look at the bon auctions today:
-...Let's take a look at the bon auctions today:<br />-----------------------<br />you may want to fix the typo: it is either "bond" or "bone"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-13561081296619431812009-08-10T20:13:55.492-07:002009-08-10T20:13:55.492-07:00You guys might want to check out Lehman Brothers t...You guys might want to check out Lehman Brothers trust preferred stocks. The upside is huge while the downside is minimal.<br /><br />http://lehmanlotto.blogspot.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-89802732256798438062009-08-10T19:35:53.675-07:002009-08-10T19:35:53.675-07:00Anon
Yep.
Wall St is all about the money period....Anon<br /><br />Yep.<br /><br />Wall St is all about the money period.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-32923832527194776542009-08-10T19:34:54.260-07:002009-08-10T19:34:54.260-07:00Get
I hear ya. I am sitting on a variety of dive...Get<br /><br />I hear ya. I am sitting on a variety of diversified positions but as far as trading is concerned no thanks for now.<br /><br />The trend is still up. At some point fundementals will come back.<br /><br />For now, the trend is still up. Gotta respect it even though it makes no sense.<br /><br />Its not difficult to realize that all of the liquidity for this recent move is coming right from the Fed via the banks.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-19928524667286898862009-08-10T19:31:47.100-07:002009-08-10T19:31:47.100-07:00Peter
Yeah I hate em too.
The ones I know are ...Peter<br /><br />Yeah I hate em too. <br /><br />The ones I know are good people and are also disgusted by what is going on.<br /><br />Most of them also think we are pretty much screwed and see no way out at this point.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-31693285592500454142009-08-10T19:19:35.441-07:002009-08-10T19:19:35.441-07:00Thanks Jeff, great info. I like today's lesso...Thanks Jeff, great info. I like today's lesson. And I still don't like the banksters.Peterhttps://www.blogger.com/profile/08899893479880360468noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-84413453339031309302009-08-10T19:07:55.027-07:002009-08-10T19:07:55.027-07:00Get,
To make good money in Wall Street, you will ...Get,<br /><br />To make good money in Wall Street, you will have to leave your principle and ethics at the door. After all, money is the root of all the evils. And one does not need to go to hell to see them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-82590816705466982032009-08-10T18:26:08.781-07:002009-08-10T18:26:08.781-07:00Jeff,
I have to say that I have found a few "...Jeff,<br />I have to say that I have found a few "tradeable" items myself but on just sheer principle and disgust I have very few positions open right now, and no interest in making any. I guess I would not make it on Wall Street.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-49009088842951443412009-08-10T18:16:52.529-07:002009-08-10T18:16:52.529-07:00Get
Thanks
Yeah I am sure you are right. the ba...Get<br /><br />Thanks<br /><br />Yeah I am sure you are right. the banks that failed would be replaced by new banks with healthy balance sheets.<br /><br />This trade will only work as long as the BTC are high.<br /><br />You need to wonder if the BTC's are so high because all of the primary dealers are bidding on this paper knowing there is a nice spread to be made if they get it.<br /><br />This really made me think differently about the credit markets for now.<br /><br />I think you could play TBT pretty effectively using this thesis. Short treasuries the week before a large issuance.<br /><br />Then short TBT as the auctions are completed and treasuries rise.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-72574734872618747702009-08-10T17:45:14.546-07:002009-08-10T17:45:14.546-07:00Jeff,
very nice post. I love "inside basebal...Jeff,<br />very nice post. I love "inside baseball" types of info when it can be shared. Wall Street is never one to miss a trick. I, to this day, think those jackals would have found a way all on their own to dig out of the collapse last year without all the government help. It was just much easier that way. <br /><br />Hope all is as well as can be with you and yours.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com