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Wednesday, October 15, 2008

The Consumer is Probably Dead

Yup, looks like the consumer is probably dead.


Anonymous said...

ya! But so far I haven't seen super cheap LCD big screen TV though... I want to see 42" 1080P go down to $500 USD, now that would be cheap!

Anonymous said...

Fear rules the market Ben. I hope you put some clothes on. It seems a psychology degree would help you trade markets than a business degree right about now. BTW, Ted spread looks like it's reversing on the Hour charts. Now back up to 4.36 from 4.3. Not good at all!

Greg said...

Hi Ben, are you still long?

Anonymous said...

Does anyone know anything about the nuts and bolts of that index? (I don't) I'm curious- does it actually trade as a physical contract or is it more or less a lagging indicator?

Because intuitively, you'd expect well heeled global Market players in various industry to have shipping contracts running 12-36 months down the line, not instantaneous fill or kill orders like the volatility this index is suggesting.

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