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Too many QEs...

the reconsideration was hours ago. s&p proceeded with the downgrade.

http://www.reuters.com/article/2011/08/06/us-usa-debt-downgrade-idUSTRE7746VF20110806 just got knocked down a notch

Europe decided to ignore all their problems, and so they rallied. So we rallied.

I am short but not a big position. I couldn't care less anymore about the position, this market is bullshit.

I remember CNBC printing a story back on a day in 2008. It was a typical, last 30 minute rally. CNBC claimed the market cheered because Geithner was announced as Treasury Secretary.

At this point, everything is a joke and it's all funny money. There's no way the politicians will NOT raise the debt ceiling. Just like Greece, they'll beat around the bush until there are no more ways to sugar coat it.

From what I see, the indexes are insanely low. They should be atleast 30% higher than they are from all the easy money policies. Nothing else matters as long as the government gives money away. UE numbers, CCI, debt, etc. all get lost in the wash. Why has the market not been inflated to...

Great, a bunch of kids in their moms basement will DDOS the federal reserve's website. I can't believe anyone takes anonymous seriously. They're internet pranksters. Remember their collective action to get revenge for the wikileaks stuff? They took down the mastercard website for maybe 2...

market makers shaking out the small fries

Bernanke's plan is to buy time and hope the psychology of this nation changes.

^^ Completely irrelevant but ok. I used to day trade, it's just I made more money from swing trading. But like I said, your post has nothing to do with anything.

I started swing trading about 4 years ago, made about 40% of my savings in the first 3 years. Then lost about 1% last year. It used to be fun, but now it's just tedious and I'm tired of it. I don't know if I can quit though. I'm planning to quit my job, and trading, in a few months to take...

Bernanke will provide his own cash tsunami if you people don't cool it with the selling.

This is not a sign of market strength. It's just inflation.

There were a few good posters, but mu's is pretty off, and inconsistent with his own posts.

DJI 16,000 ROFL

almost hilarious how inaccurate these are

too bad it's because unemployment ended for 1.3 milllion people I don't see light at the end of this tunnel. Hopefully the House rejects the extension again.