Comments on: Is the Market Oversold? http://www.noquarterusa.net/blog/15506/is-the-market-oversold/ Fri, 25 May 2012 01:32:00 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: LD http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149325 LD Thu, 26 Feb 2009 10:35:36 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149325 Anon...I know that a clearinghouse is being worked on but I was not aware that they had yet made any change. Additionally a clearinghouse can only work on contracts that are of similar terms. A lot of the contracts have different terms. Anon…I know that a clearinghouse is being worked on but I was not aware that they had yet made any change. Additionally a clearinghouse can only work on contracts that are of similar terms. A lot of the contracts have different terms.

]]> By: LD http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149324 LD Thu, 26 Feb 2009 10:31:21 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149324 good link...thx good link…thx

]]> By: LD http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149323 LD Thu, 26 Feb 2009 10:28:52 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149323 they are working on it...under the for what it is worth category even though there may be 70 trillion in outstanding CDS tha is a "notional" amount the actual risk is FAR less...a LOT of those contracts would net out against each other...plenty are written on strong companies...plenty are likely very short maturity...thus the overall risk is still significnat but not 70 trillion significant or anywhere close... they are working on it…under the for what it is worth category even though there may be 70 trillion in outstanding CDS tha is a “notional” amount the actual risk is FAR less…a LOT of those contracts would net out against each other…plenty are written on strong companies…plenty are likely very short maturity…thus the overall risk is still significnat but not 70 trillion significant or anywhere close…

]]> By: anon http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149275 anon Thu, 26 Feb 2009 07:36:58 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149275 Hey LD, Thanks for your earlier response. Isn't the Depository Trust and Clearing Corp. the new destination for all (global) CDS contracts? Certainly its being used by domestic and foreign parties but maybe not all, was that what you were saying? Obviously seeing the terms of the contract are the sticking points, definitions and time frames. Hey LD,

Thanks for your earlier response. Isn’t the Depository Trust and Clearing Corp. the new destination for all (global) CDS contracts? Certainly its being used by domestic and foreign parties but maybe not all, was that what you were saying?

Obviously seeing the terms of the contract are the sticking points, definitions and time frames.

]]> By: anon http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149261 anon Thu, 26 Feb 2009 06:53:26 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149261 Yes 70 trillion+, internationally. They weren't kidding about global collapse. Yes 70 trillion+, internationally. They weren’t kidding about global collapse.

]]> By: anon http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149260 anon Thu, 26 Feb 2009 06:51:36 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149260 But there is a new clearinghouse, no? But there is a new clearinghouse, no?

]]> By: TeakwoodKite http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149252 TeakwoodKite Thu, 26 Feb 2009 06:38:37 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149252 Timmy the Turbo Man was McNeil doing damage control. Very bizzarre. He was asked about the government "owning" a percent of a bank proportional to the "bail out". The word was "nationalize" that Lehrer, to wit tim did not knock it down. They don't have a plan or very many of the "blanks" filled from listening to Turbo Man. UG! Timmy the Turbo Man was McNeil doing damage control.

Very bizzarre. He was asked about the government “owning” a percent of a bank proportional to the “bail out”. The word was “nationalize” that Lehrer, to wit tim did not knock it down.

They don’t have a plan or very many of the “blanks” filled from listening to Turbo Man. UG!

]]> By: elise http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149235 elise Thu, 26 Feb 2009 06:02:58 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149235 I'm very suspicious of so many of the people involved in "fixing" the economy. How can executives of so many large banks and industries be making so many poor judgements (ie costly retreats and spas) at this time? Another puzzle; Allen Greenspan was always so careful in his public remarks until just before his retirement and Bernanke has talked about catastrophe almost from the beginning of his appointment by GWB. If perception and psychology are important factors in the valuation of assets, why would "experts" and politicians be so publicly negative? I think I asked before about the rumor Asia may be considering the issue of a new currency similar to the Euro. So many of these experts, including Geitner, are members of the same organizations and have similar views including a remark made in January, by Soros, that the dollar will not be the global instrument of credit in the future because of this financial crisis. Doesn't this mean the very people in charge of making decisions to fix the economy, have a negative view of the future and may be more committed to preparations for failure than success? Is it really possible to change the psychology simply because Washington has changed it's message of gloom and doom to hope and optimism? I’m very suspicious of so many of the people involved in “fixing” the economy. How can executives of so many large banks and industries be making so many poor judgements (ie costly retreats and spas) at this time? Another puzzle; Allen Greenspan was always so careful in his public remarks until just before his retirement and Bernanke has talked about catastrophe almost from the beginning of his appointment by GWB. If perception and psychology are important factors in the valuation of assets, why would “experts” and politicians be so publicly negative? I think I asked before about the rumor Asia may be considering the issue of a new currency similar to the Euro. So many of these experts, including Geitner, are members of the same organizations and have similar views including a remark made in January, by Soros, that the dollar will not be the global instrument of credit in the future because of this financial crisis. Doesn’t this mean the very people in charge of making decisions to fix the economy, have a negative view of the future and may be more committed to preparations for failure than success? Is it really possible to change the psychology simply because Washington has changed it’s message of gloom and doom to hope and optimism?

]]> By: lark http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149215 lark Thu, 26 Feb 2009 05:11:21 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149215 I really wanted Hillary to act differently when she was dissed by the party but she acted like a punching bag. I really wanted Hillary to act differently when she was dissed by the party but she acted like a punching bag.

]]> By: Docelder http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149203 Docelder Thu, 26 Feb 2009 04:52:17 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149203 The sad thing, I think the republicans that abandoned McCain also knew it and were counting on it. That being said, neither side see this anymore as anything other than a game. Somehow, someway a new party needs to come from this. Else, we really are done here. The sad thing, I think the republicans that abandoned McCain also knew it and were counting on it. That being said, neither side see this anymore as anything other than a game. Somehow, someway a new party needs to come from this. Else, we really are done here.

]]> By: lark http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149196 lark Thu, 26 Feb 2009 04:35:24 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149196 I am scared LD. If tomorrow Obama also goes "all in" into the health care business to boss it around, then that's two areas that government is interested in bossing us around. And then energy. I mean I knew it but it seems unreal when it's happening. I am scared LD. If tomorrow Obama also goes “all in” into the health care business to boss it around, then that’s two areas that government is interested in bossing us around. And then energy.

I mean I knew it but it seems unreal when it’s happening.

]]> By: TeakwoodKite http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149188 TeakwoodKite Thu, 26 Feb 2009 04:21:02 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149188 <em> will let you know that they are smarter than the market itself….until they’re not.</em> True human nature, LD. Thanks for the heart felt chuckle and the intersting post. will let you know that they are smarter than the market itself….until they’re not.

True human nature, LD.

Thanks for the heart felt chuckle and the intersting post.

]]> By: Linda C. http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149179 Linda C. Thu, 26 Feb 2009 03:54:39 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149179 I think people are anxious to declare we "hit bottom", but they did that when the Dow was at 8000 if I recall. We actually don't know where bottom is yet. When this mess started I was figuring around 7200. However, as the news gets worse and the reality is slowly coming into focus. I have no clue. here is an article from Slate http://www.slate.com/id/1001832/ I think people are anxious to declare we “hit bottom”, but they did that when the Dow was at 8000 if I recall. We actually don’t know where bottom is yet. When this mess started I was figuring around 7200. However, as the news gets worse and the reality is slowly coming into focus. I have no clue.

here is an article from Slate
http://www.slate.com/id/1001832/

]]> By: Linda C. http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149175 Linda C. Thu, 26 Feb 2009 03:42:16 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149175 Do we actually even have a 70 trillion world economy versus 70 trillion just in CDS? I really don't think they know what they have, or how much money is tied up in these puffs of imagination. Our entire national economy is about 14 trillion, so do we really think there is 70 trillion in just CDS? Do we actually even have a 70 trillion world economy versus 70 trillion just in CDS? I really don’t think they know what they have, or how much money is tied up in these puffs of imagination. Our entire national economy is about 14 trillion, so do we really think there is 70 trillion in just CDS?

]]> By: NoBamaNoWay http://www.noquarterusa.net/blog/15506/is-the-market-oversold/#comment-1149138 NoBamaNoWay Thu, 26 Feb 2009 02:21:12 +0000 http://www.noquarterusa.net/blog/?p=15506#comment-1149138 word. the "economy" consists of a good deal more than just the financial markets. word. the “economy” consists of a good deal more than just the financial markets.

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