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IBDvalueinvestin (99.68)

Its 3:00 PM Do you know what your hedge fund is doing?

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April 07, 2010 – Comments (1)

Most likily at 3pm on a big down day he is buying shares of companies during a bull run. Unless of course your one of the unlucky people to invest in a hedge fund that is underperforming during this bull run.

 

In that case I would fire them.

1 Comments – Post Your Own

#1) On April 07, 2010 at 3:30 PM, IBDvalueinvestin (99.68) wrote:

Stocks slipped Wednesday after a senior Fed member said policy makers should start raising rates to 1 percent soon. Stocks had been lower for much of the day but pared some of their losses after the 10-year Treasury auction was met with strong demand.

 

I am laughing my butt off at the people that sold on this news.

First off rate hikes come to a vote and 1 person does not win.

Secondly its not a shock that the treasury demand was strong because leading up to the auction the rate on the 10yr treasury climbed all the way up to 4% just so they can have strong demand.

People were not enticed with the 3% yields they were offering previously.

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