Wow this market moves up so easily

[murray t turtle]

Quote from Scataphagos:

Doesn't everybody already know that the Fed's primary function is to protect banks and bail out their greedy, overly aggressive leveraged plays when they go wrong?

========
Its a learning process

Actually the Feds job is to protect/regulate the banking/finance system;
Not a big diffrence, unless;
you were LEH,
unless you were BSC,
unless you Washington Mutual.......................SoCitigroup also almost
went that way-its still a penny stock, but reverse split 10 times.
Besides FAZ is a good downtrend[compare that to SPY,LOL];
gold is a good uptrend.

BAC has had a downtrending stock price for a long time;
& thier bad customer service has cost them plenty when it comes time for an investor to buy thier forclosed homes.LOL

 

[jsp326]

Quote from 50/50:

You can thank "Banana Ben" keeping the USA from deep sixing.

Uh, no, you can thank him from keeping us from a painful time...and instead keep us going until things will be much more painful when the Fed finally runs out of "tools."

 

[bonds]

Again its just funny its another rather large up day over 150 pts on the Dow and on CNBC they are clueless as to what is driving the rally today

 

[Wide Tailz]

CNBC is a circus made to distract the muppets. If there was no CNBC, they might learn to read the tape, and then where would we be?

 

[R. Raskolnikov]

JUST TRADE. Why do you need to hear others' opinions as to what is happening? I've been trading for over 10 years with NO tv on. Who cares what people are saying. Just follow price.

Quote from bonds:

Again its just funny its another rather large up day over 150 pts on the Dow and on CNBC they are clueless as to what is driving the rally today

 

[flipside21]

Quote from jsp326:

Uh, no, you can thank him from keeping us from a painful time...and instead keep us going until things will be much more painful when the Fed finally runs out of "tools."

Tools won't run out until Unleaded Gas is > $10.00/gallon at the pump and gold >>> $10K.

 

[bonds]

Quote from R. Raskolnikov:

JUST TRADE. Why do you need to hear others' opinions as to what is happening? I've been trading for over 10 years with NO tv on. Who cares what people are saying. Just follow price.

Well I dont need to, but if I were to just look at the stock market not look at any news or tv or economic data I would think things are all rosy in the economy. I mean does all Obama have to do is say hey the economy is great just look at the stock market?!? How would that go?

Sometimes you just question things...

 

[Tsing Tao]

Quote from flipside21:

Tools won't run out until Unleaded Gas is > $10.00/gallon at the pump and gold >>> $10K.

Oh, they'll run out far before then.

 

[failed_trad3r]

Quote from jsp326:

Uh, no, you can thank him from keeping us from a painful time...and instead keep us going until things will be much more painful when the Fed finally runs out of "tools."

Big Ben is just a player who plays the game created by somebody else, the creator of the game is the evil communist/socialist Reagan.

 

[denner]

Quote from Tsing Tao:

Oh, they'll run out far before then.

Completely agree.

Every "transitory" period of serious commodity inflation puts another dagger into the heart of the REAL economy, just to give a boost to the FIRE sector.

You can only repeat this process a finite number of times, regardless of what the braindead cheerleaders in the MSM tell the "muppets".