How can the US stock indexes fall? with POMO

Rickshaw Man

Rickshaw Man

They can't fall far, not with the central banks pumping 10 billion a week to primary dealers, just ain't gonna happen.

First sign of selling a fed head hits the wires taking about QE3. I have never seen the central banks micro manage the markets like this.
 
Quote from Rickshaw Man:

They can't fall far, not with the central banks pumping 10 billion a week to primary dealers, just ain't gonna happen.

First sign of selling a fed head hits the wires taking about QE3. I have never seen the central banks micro manage the markets like this.
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You are delusional.
 
What's going to be funny is when the Dow hits an all time high and we are still @ 7.00% unemployment, just throw all logic out the window folks.
 
Quote from Rickshaw Man:

Price action says otherwise. One could make the argument that the markets are delusional.
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Anyone who has been around the market for more then 10 years knows this price action well. There is nothing new here.
 
Quote from Maverick74:

Anyone who has been around the market for more then 10 years knows this price action well. There is nothing new here.
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We have never gone up this many days without a close below the 10 day moving average, that is new.
 
Quote from Rickshaw Man:

We have never gone up this many days without a close below the 10 day moving average, that is new.
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OK, as soon you as you mentioned moving average I lost interest in this conversation.
 
Quote from Maverick74:

Anyone who has been around the market for more then 10 years knows this price action well. There is nothing new here.
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What happened last time? Did it end in tears?
 
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