Youngmoney:
- Treasury's are the first thing investors go to in moments of panic or increased risk.
- The reason for this is that: a) treasuries are "risk-free" (have less risk than anything
else in the world, really); b) market liquidity; c) market depth.
- To see evidence of this, check out monthly gains across asset classes, including within
the fixed income class, in 1998 and 2001.
Indeed, in 1998, panic became so wide-spread that even AAA-insured muni's (which should
have the same "risk-free" attributes as treasuries) began to underperform treasuries,
simply due to the fact that the treasury markets depth and liquidity.
- Although this was a lesson I learned long ago from personal research, Bill Gross
supported my belief yesterday on Bloomberg. To see his interview yesterday discussing
this, go here: javascript:bringupPlayer('vid=vyRz3GwJkfqw') . Or just go to
Bloomberg.com, and scroll down to "Audio/Video Reports"

I really wish I had some money to put into this market. :o( I'll have to see how things
go. Maybe I can schnitzel something.

I've been through worse than this. I'll be looking for some buys mid-morning, but only if
they look like the selling is over. Too bad I don't have CNBC at work because a good
bottom indicator are the faces on the 'talking heads'. When they start turning white, it's
time to buy.

Japan down another huge leg 640 as I type. Its that Carry Trade i'm telling you.

I dont like the term flight to quality. Wouldnt the bond market rally only anticipating a
rate cut? Why would you call that quality. Thats just smart. The weak dolllar wipes that
silly gain out. And as long as the dollar weakens further expect more M&A.

The dollar has been weak this past couple weeks too if anyone has noticed. Watch that YEN,
go backtest it if you want to, along with the VIX, i'm sure there is a bond relationship
also.

I wouldnt buy anything prematurely, this is when you bust out the charts when you know the
variables. I'd be very surprised to see counter rallies. All these fund managers saying
their buying are hilarious they do just the opposite. They can barely beat the market so I
doubt they fight the markets. I only like homebuilders because I expect Ben to flood the
system with liquidity. But my theory is he will have to make a choice and it will probably
be this year.

I would watch the economic data, GDP tomorrow, I cant wait!

Japan probably opened 300 down cause they're invested in the U.S.

Japan probably opened 300 down cause there invested in the U.S.

I'm buying homebuilders.....while analysts have been claiming its still down, market
prices have been rising slowly, but not big enough to gain notice.

JAPAN just opened 300 points down.