Taper talk

Quote from blah12345678:

Pity the fool that got his order executed at 1.3846....

And now the real move begins... Maybe the fool who bought to open at 1.3846 will break even soon...
 
Quote from Took2Summit:

taper announced, stocks soar. why did everyone think a taper would be bad? taper means improving economy.

Because the stock market is levitating on a cloud of free money. Take away the free money, and where does the money to feed the bull market come from?

Everybody knows when the Fed turns on the printing presses, it doesn't go to Main Street. It goes straight to Wall Street.
 
Quote from tradingjournals:

You are all confused about it. If I see one of you get the right answer, I might tell you.

well the spike in stocks has nothing to do with the taper and everything to do with them announcing to keep short term interest rates low longer than expected. if that's what you are talking about
 
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