Who is buying here?
- Thread starter SteveNYC
- Start date
Quote from pupu:
Yep, Ben has been testing his new Apa$he helicopter:
Twice the dollar dropping power at half the time!
So right, so right, he will be here to drop more worthless dollars on the market, the market is crying and hoping BUBBLE ben bernanke comes and saves it, but what no one understands is that BUBBLE ben bernanke is doing the wrong thing when he comes in and pumps the markets with QE and bailouts, remember that everything has been smoke and mirrors for the last few years.
Bearish daily and weekly equity charts strengthen further.
S&P500 head and shoulders target is 1,176 and further
downside expected.
As mentioned for some time - S&P500 monthly has been tracking
sideways this year. This extensive distribution signified a bearish
big picture and that a significant downtrend would follow.
S&P500 head and shoulders target is 1,176 and further
downside expected.
As mentioned for some time - S&P500 monthly has been tracking
sideways this year. This extensive distribution signified a bearish
big picture and that a significant downtrend would follow.
Quote from SteveNYC:
Obama is probably on the phone talking to Bernanke at the moment.
10 year Treasury at 2.47% 2 year at .28%!
Tells you something about inflation expectations.
It tells me absolutely nothing about inflation expectations. Instead, it has tricked guys like yourself into blindly believing treasuries forecast anything.
During that period crude oil went from $10 in 1998 to $147 a decade later. Gold went up about 6-8 fold. Commodity prices have skied. Asset prices went parabolic. Meanwhile, I've had to read all of the luddites tell me that treasuries weren't pricing in "inflation".
Fucking comical.
Indeed.