Then why do you continue to post in the "Trading Forum" as if you DO trade for a living, making one comment after another about every little "wiggle" in the markets like some hormonal teenage girl? You must have a lot of time to waste.
Talk about the pot calling the kettle black. You've made 17 posts in the last 2 hours jag off. Why don't you post a trading call BEFORE it actually happens instead of always talking trash AFTER it happens.
Ewwww, looks like I struck a "nerve". And yet with all of these posts today, I am still under 1000 since coming aboard ET. LOL! Oh, wait, you wanted an ACTUAL trading call? Here you go from August, targeting the LOWS: http://www.elitetrader.com/vb/showthread.php?s=&threadid=101689&highlight=low
When will you people understand that the Fed Chair is nothing more than a public figure who really has almost zero decision power. It's a distraction & a scapegoat. The Fed Chair will tell you whatever to keep you from seeing the truth, just as Greenspan used to speak in complicated jargon and Bernanke straight out tells lies. So why are you still listening to them? What difference does it make whether rates are 5% or 18% when money is debt. What difference does it make what rates are under fractional reserve banking, it still increases money supply. Regardless, The Fed even announces their liquidity infusions now and they are done via Repos. Learn to Think, not How to Think. Now you're talking.
I don't know what you have been smoking; but it didn't change the fact; these things aren't cure; and make even worst for the most of smaller players and at public expenses. Only small percentage of world leaders will try to save USD at expensive of its people's living standard. And eventually; these leaders would fly back to US (worst case; killed by the name of Freedom and Democracy ); and left their countries ruined.
Bears believe that that bank insolvency, depression and chaos is better for us all vs not cutting rates.