morning albaman,
others might have heard something - I haven't. The only thing I know is that blairbart thinks something is happening in Jan. - several of us feel the horses are restless. (personally I think it's because horses don't like elephants :) )
BB posted 7583045 - he didn't expand from memory but my discussions with him we both feel the cork will pop soon - but not necessarily what will make the pop.
cre settlement from what I have heard is going ok - but I have got absolutely zero on timing.
There are many signs that m@a activity is hotting up as expected - there are articles around now that even private equity is getting restless for this cal. year, after being asleep for quite a while - so who knows what is happening.
I have been watching our depth in the last few days --- it seems to have changed character - in several moments of silliness - I look at the shape that the buy column and the sell column make - they often make long human type of shapes if things are solid - and although I haven't got a handle on it. Its not so much the numbers of buyers/sellers/shares all up - it's where they sit that makes the shapes - I am pretty sure the shapes tell a story of sentiment - of course I could be insane - but I feel ok this morning :)
I have just listened again to DT at the agm - very strong on cre in the first campaign for 2012 - and that's on right now, already started. News from the bar is that the rom pads are very healthy. Long as that bloody cyclone buggers off I will be happy - I assume almost nothing can disrupt the current campaign? -- opinions?
have a great day
Pinto
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