Don't Worry! Ben will come to the rescue

Discussion in 'Trading' started by detective, Jan 4, 2008.

  1. After that jobs report, you know Ben is just itching to pull a Greenspan and pull off an intrameeting rate cut to see how much he can spike the markets. It will be a redux of 2001 where Greenspan saw one bad economic number and hit the panic button. I see Bazooka Ben doing the same thing.
  2. Yea, the a-hole will do it again....Christ, why can't we just crash for once.
  3. No he won't. the fact that the Libor arte has been falling says the liquidity added to the system is helping. that said,it will not help the financial markets. the fed is in trouble.
  4. candles


    You're gonna get it wrong again Detective dude.

    Not learn't your lesson yet? lol

  5. :( Buy 5 March ATM!
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  6. Watch for an intrameeting cut in the next 2 weeks. If the market starts testing the August lows, Ben will without a doubt hit the panic button. We can't have a falling stock market!
  7. wishful thinking, you must be long
  8. He'll screw us just like he did Aug.17th.
  9. if he does make an emergency cut after he admitted the other day that the liquidity appeared to be working;ie. Libor arte falling. then the U.S. should be considered "controlled capitalism".
  10. Repeated Fed bailouts just forestall the inevitable, but it does keep the longs afloat a little bit longer before the eventual flush out.
    #10     Jan 4, 2008