Fed say QE3 coming

Quote from TGregg:

Quote for posterity. And since this user has placed his view on the line I guess I should as well. IMO we've consolidated today and will tank tomorrow. But I would not be surprised to see additional froth and consolidation in the AM, maybe even all day.

I dunno WTF the market's gonna do tomorrow. I have some ideas, some expectations perhaps, but I am a surfer dude, I ride the waves.

Ultimately, I think we've turned the corner and we're in a serious bear market. New highs would show me to be a piker, but would not dissuade me from awaiting the inevitable high to bear.

want to make sure i quoted it as well.

SPY +1.4%
 
Quote from stock777:

saw that rollover coming a mile away, but I know you did too, so why be redundant

Look at this market. Uncle Benjie better announce QEs 4 5 and 6 right away!
 
this is a very perverse mkt.

dont know how all you non perverts do it

every time I was tempted to fish some bottom today, I just bit my lip.
 
Quote from TGregg:

Look at this market. Uncle Benjie better announce QEs 4 5 and 6 right away!

It's dumping becuase QE3 might not happen, not becuase there aren't more planned...
 
wow, I was rIGHT aGaIn!!!!!!!!!! fuggggggggggggg

Moody's says your Uncle is a pedo

And not just Bernie & Barney

26979-barney.jpg
 
Quote from TGregg:

Ultimately, I think we've turned the corner and we're in a serious bear market. New highs would show me to be a piker, but would not dissuade me from awaiting the inevitable high to bear.

Quote from krazykarl:

Quoted for posterity :)

And thank you for that.

:D :D :D

I do love steak for dinner!
 
Quote from TGregg:

Ultimately, I think we've turned the corner and we're in a serious bear market. New highs would show me to be a piker, but would not dissuade me from awaiting the inevitable high to bear.

Quote from krazykarl:

Quoted for posterity :)

And thanks again!

:D
 
Quote from shortie:

want to make sure i quoted it as well.

SPY +1.4%

And it is a good thing you did.

SPY down 6.51% today and another 1% after hours.
 
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