http://howardlindzon.com/the-fed-bernacke-really-likes-me/ Just another WordPress site Thu, 24 May 2012 18:04:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://howardlindzon.com/the-fed-bernacke-really-likes-me/#comment-8108 BSD Fri, 17 Aug 2007 15:46:59 +0000 http://howardlindzon.com/?p=2469#comment-8108 Well let's not get too excited - we all know this was a symbolic gesture by ol' Bernanker, albeit an important one. Fed fund rate is still 5.25. Actually the selloff post-rally is likely the product of people realizing the got a little too giddy (and notice how JPY is still at 114, 10yr futures at 108-20). I think taking profits short term is smart right now, just get ready to buy again cuz this rollercoaster is far from over. Personally - I'm just long vol, and playing on intraday movements from liquidations etc. Well let’s not get too excited – we all know this was a symbolic gesture by ol’ Bernanker, albeit an important one. Fed fund rate is still 5.25.
Actually the selloff post-rally is likely the product of people realizing the got a little too giddy (and notice how JPY is still at 114, 10yr futures at 108-20).
I think taking profits short term is smart right now, just get ready to buy again cuz this rollercoaster is far from over.
Personally – I’m just long vol, and playing on intraday movements from liquidations etc.

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