Bernanke is friggin dove! Of course he's gonna cave in. He's gonna cut a bunch before this month is through and the market is gonna linger at levels that it shouldn't be and then crash when rates are at 0%.
I would tend to agree. The comments on this thread are absurd, yet entertaining . . . As if Bernanke is trading S&P's. By the way, if you have a problem with the dollar, talk to George Bush. He's been great at running huge DEFICITS for years . . . Bernanke just got here.
Yep, we will look back and see it with our 20/20 hindsight, and we'll discuss the good old days as we gather for prayer call. What the fuck are these assholes thinking? Well, I'll be off in the woods locked and loaded if that shit ever happens. Fuckin cocked locked and ready to rock.
Ever get the feeling that the Fed is being run by the ghost of LTCM? ("Hey, it's not working, let's try it some more.") Of course, I'm being kind, by merely implying ineptitude.
Ben comes out and screams that he will cut rates aggressively and all we get is only 7 points on the S&P that sticks. What a weak market. We will be testing day's lows by the close IMO.
Just bot 50 acres in Maine, off the grid housing. Ocean acces, two rivers, timber and plenty of moose and bear. "Whats in your wallet?"