Gotta love ZERO RISK in the SP500 = $$$

[i960]

As long as Goldman Sachs is making money off of this (they always do), nothing will be changed. The Fed is a complete pile of BS right now.

Does anyone have an opinion on the last time the Fed was actually real?

 

[Max E.]

So did lady dove come out today and say, I just meant 1 rate hike not two. It's such a joke, read my lips....NO RATE CHANGE IN 2015.....They will change the inputs and claim inflation is still low.....You have nothing to worry about they won't raise rates anytime soon. If oil spikes, they will say, it's creating a drag and we must keep rates low to offset that drag....You get the picture.

IMO it all hinges on the dollar, if the dollar remains strong no way she raises rates, if the dollar weakens she might be able to, but i doubt she will.

The thing is she doesnt have a long enough track record yet to know 100%, and i could see her doing something stupid like raising them out of nowhere just to prove she isnt wall streets bitch, right now pretty much everyone just views her as a joke.

 

[tradingjournals]

I don't respect your opinion, you call out market reversals all the time and posted fictitious trades in your "journal" a few years ago. I don't see how S2007S has been right about much of anything when it comes to economics or longer term market moves.

Piece of shit.

 

[tradingjournals]

View attachment 153903

 

[tradingjournals]

one of those days where the markets don't see any pull back and rally straight into the close, the dow should push up anywhere from 250-300 points by the close....

Again this is all because of the fed, this is yet another fed induced rally because of DOVISH talk yet again.....they will not and never will be hawkish....as for rate hikes, yep now we can anticipate it somewhere in DECEMBER, ohhhhh and it will be a whole .25%, wow...watch out....if I had woken up from a decade long sleep and turned on cnbc and listened to all the fools who say how strong the economy is, how corporate earnings are growing and profits are outstanding with historical low unemployment, new car sales through the roof and housing prices rising the last 6 years, stock buybacks at record highs... a great ipo market.... more billion dollar startup companies than we have ever seen in our lifetimes....if someone told me to take a guess where the fed funds rate was at, I would say 5%-6%, but because the fed has a $4 Trillion + on their balance sheet and the economy is can't even stand on its own without the prop job the fed has created we now have 0% rates...

I am keeping an eye on the longer term yields. What if they start going down?

 

[noddyboy]

I started legging into the SPXS again, missed my big add by 5 ticks though, hopefully ES pushes all the way to the 2125 area, trading the range has been the way to go for the last 4 months, ill take 1 hit when im wrong but until then flipping between the spxs and spxl has been easy money

Thanks. For me I pretty much got out of everything. Nothing make sense. Greece is defaulting, market rallies more.

 

[Rickshaw Man]

Ah just another day in our central planned market, where everyday is an up day...WELCOME TO THE LAND OF PERFECT.

 

[Rickshaw Man]

ECB approves emergency loans for Greek banks
Claire Jones in Frankfurt, Peter Spiegel in Luxembourg and Kerin Hope in Athens

 

[Rickshaw Man]

As long as Goldman Sachs is making money off of this (they always do), nothing will be changed. The Fed is a complete pile of BS right now.

Does anyone have an opinion on the last time the Fed was actually real?

In 1912

 

[S2007S]

AS I SAID A TRILLION TIMES, NO SUCH THING AS FAILURE....KEEP PUMPING THE SYSTEM, HOW COULD GREECE FAIL WITH THE ECB PUMPING BILLIONS OF DOLLARS INTO THE SYSTEM TO HELP THEM, THEY WILL NEVER BE KICKED OUT AND THEY WILL NOT LET THEM DEFAULT...THATS WHY I LAUGH EVERY TIME I HEAR THESE FOOLS WORRY ABOUT ABSOLUTELY NOTHING..... WHERE ARE THE FREE FUCKING MARKETS...NO SUCH THING AS FAILURE, JUST LET THE SYSTEM DO WHAT IT NEEDS TO DO AND STOP INTERVENING EVERY SINGLE TIME A BANK OR ECONOMY SHOWS SIGN OF WEAKNESS....

http://www.cnbc.com/id/102772656


The European Central Bank (ECB) has raised the funding cap on its Emergency Liquidity Assistance (ELA) for Greece's banks by 3.3 billion euros ($3.7 billion), according to a CNBC source.

The decision, made in a conference call Friday and first reported by Reuters, followed a meeting of the euro zone's finance ministers on Thursday, where the ability of the country's lenders to open up for business next week was questioned.

It comes as a specter of a run on Greek banks is looming, after yet another round of failed rescue-for-reforms talks.

The valuation of the Greek banking sector has fallen by nearly a third since the start of June as concerns about the risk of Greece leaving the euro zone grow.