What time will Bernanke announce?

Quote from S2007S:

I went short the VIX when the DOW was down over 150 points!

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Make no mistake that these events are planned around option exp. The time of his speech is suspect. All the major wall street banks know exactly what to expect. As far as the rest of us you take your chances. Me I just watch from the sidelines.
 
Substantial USD sell pressure and EURUSD buy support detected maybe in anticipation of ECB tomorrow ? This recurring dollar selling should be bullish stocks. SP500 index last 11,209
 
Quote from GrandSupercycle:

Substantial USD sell pressure and EURUSD buy support detected maybe in anticipation of ECB tomorrow ? This recurring dollar selling should be bullish stocks. SP500 index last 11,209

lol tomorrow?
 
ECB guy is talking tomorrow, so be careful in taking positions home tonight. Also, beware it is a holiday in London on Monday.
 
Stocks recover after Bernanke predicts US growth

http://news.yahoo.com/stocks-recover-bernanke-predicts-us-growth-153113531.html

i have problem undestanding this guy and market today..

Stocks rose in afternoon trading Friday after Federal Reserve Chairman Ben Bernanke said the U.S. is on track for long-term economic growth.

The Fed has already pledged to keep short-term interest rates low until mid-2013. Low rates make higher-risk bets such as stocks more attractive. At last year's conference in Jackson Hole Bernanke signaled that the central bank would buy more government bonds to lower long-term interest rates. Stocks rose steadily during the period when the Fed bought up $600 billion of Treasurys.

i guess 1% GDP growth is awesome!
 
Quote from Rickshaw Man:

Make no mistake that these events are planned around option exp. The time of his speech is suspect. All the major wall street banks know exactly what to expect. As far as the rest of us you take your chances. Me I just watch from the sidelines.

So you saying that banks told bb what version of speech to read, 1 minute before scheduled speech, depending on market activity up to the point ?

:mad:
 
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