Quote from Josef K:
As if we didn't already have enough evidence that Surf is Rodney King:
http://elitetrader.com/vb/showthread.php?threadid=263424&perpage=6&pagenumber=250#post3840538
This thread has become a joke and should be moved to Chit Chat.
Quote from HurricaneUS:
Surfy..it's about time to throw those Price Drivers into the dustbin of history.....and this is why I say that real traders never predict but instead manage risk:
Bernanke: Bond-Buying Plans Not 'A Preset Course'
"Employing his clearest language yet, Federal Reserve Chairman Ben Bernanke said Wednesday that reductions of the central bank's $85 billion-a-month bond-buying program are "by no means on a preset course" and that the Fed could leave the program intactâor even increase purchasesâif warranted by a worsening jobs market, inflation that refuses to move back toward the Fed's 2% goal, or too-tight financial conditions."
http://online.wsj.com/article/SB10001424127887323309404578611480809686850.html?mod=djemalertMARKET
Quote from marketsurfer:
Fleckenstein sees disaster:
http://finance.yahoo.com/blogs/talking-numbers/fleckenstein-fed-policy-end-disaster-100312379.html
Quote from justrading:
Yes, but when?
Markets can remain irrational longer than you can remain solvent. Bernanke is making the market now, he can stay the course longer than anyone else can.