3 Minutes : FOMC Meeting Announcement

Quote from noddyboy:

There is a strong chance the Fed will not do anything. Afterall, rates are already 0. QE3 is a coinflip. Do you think a selloff to new lows after a do-nothing is possible?
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Absolutely possible. This is a liquidity sell off. If they provide none, more panic.

ECB tried, it should work given time. Unfortunate England is burning. If Fed does not step up, people will continue to get out of dodge. No reason not to.
 
Quote from Illum:

Absolutely possible. This is a liquidity sell off. If they provide none, more panic.

ECB tried, it should work given time. Unfortunate England is burning. If Fed does not step up, people will continue to get out of dodge. No reason not to.
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That's illogical. You are encouraging people to sell equities at bargain basement prices. Not a smart move at all. The reason is simple; companies have an intrinsic value based on balance sheet and earnings stream.

People seem desperate to invent reasons to panic sell. They don't want to feel stupid when their quest for safety just ends up being a needless dump of capital.
 
Quote from Nine_Ender:

That's illogical. You are encouraging people to sell equities at bargain basement prices. Not a smart move at all. The reason is simple; companies have an intrinsic value based on balance sheet and earnings stream.

People seem desperate to invent reasons to panic sell. They don't want to feel stupid when their quest for safety just ends up being a needless dump of capital.
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One man's goal to rally ET to go long.
 
the RMZ US reit index closed at 666 yesterday

Quote from Bob111:

yesterday S&P close was -6.66%. today IWM close +6.66%...wtf is going on? can't be "just coincidence"
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