This is being done so the Federal Reserve won't change its language next week. Hell they may even make mention of QE4.
Went long soxl for free money this morning. Sit back and collect....free money is coming. I see markets green by this afternoon. Don't worry about Greece and their 11% plunge or the plunge on the Shanghai index of 5% or Europe being down over 2%. This market will erase all losses by tomorrow and will be up 8 straight weeks
directional traders second day of posting free money. 20 points yesterday 2075 down es, today V-bottom , full to 50% reversal now off 2038. $hit. you like?
Talk is that they will change their language next week but I just can't stop laughing thinking who actually believes that crazy talk....they are NOT going change anything and the mention of QE 4 is nearly guaranteed. .. Like I said last week there is no way they raise rates in 2015 and if they do they will end 2015 with rates at 0.5%....how can they raise them with trillions and trillions on their balance sheet.
Free money soon, my purchase of soxl around $133 is printing me free money, will sell tomorrow above $140+ Nasdaq going green dow and s $ p will follow...