Yes, it is a nice example, if you aren't an uninformed fool like yourself. What desperation is there in Canada ? None. We barely had a "crisis" in 2009, it was more a careful response to monitor any spill over from the US and European crisis. In what world do you think our government is desperate to cut interest rates ? If they needed to they would and they can easily do so without going to 0%. But you know what, on an internet board that is loaded with Americans predicting catastrophe for their country in a few years, you won't get that from Canadians. It just isn't that bad here.
Sit back.and relax ...futures are up ...Dow futures already up 70 points and were not even close to the opening bell. Imagine where the futures will be once Greece gets yet another free pass. The dow will probably surge to 18500...risk free markets are here. Thank the fed every day you wake up to see another historical high on the market. Without them and their cheap easy money policies the markets would still be sitting at 2009 lows....go fed...keep doing what you're doing...but just remember the fed will be proven wrong in due time.....
I was referring to your post as follows : This is an absurd statement that means nothing. Post something like that and someone will likely challenge you. Now you're calling me a perma-bull who pretends markets don't correct. But I've been clear in my posts, I predicted a high probability of a correction this year in US markets, an interest rate hike, and my index money has been in cash since 2013. You can thus make fun of my cautious side, the fact I was too bearish since 2013, yes. But I only trade indexes with long term goals in mind and it's my lowest risk trade. This is a fundamentals based trade. I don't think trading indexes short term in 2015 is good trade in either direction, too much uncertainty ( betting against a trend on the short side, stretched fundamentals on the long side ). This thread does have longer term index aspects posted about. I took issue with the forecasts of doom and gloom from some posters yes.
Even cigna is getting greedy ...refusing the $54,000,000,000 buyout from Aetna or the gigantic premium over Fridays close when it had a market cap just shy of $40,000,000,000.....see how easy these offers become when the fed has 0% interest rates. Even the companies aren't accepting such premiums in their value of what the other is willing to pay....they want even more...they already rejected 3 prior offers....
Look at all that free money for tomorrows opening.... Futures have been jamming higher ever since the open. At the rate they are moving the Dow should easily open up 150+ and skyrocket up 250-300 points tomorrow on any news out of Greece. Markets to historical highs this week. The fed has once again created the next bubble. Thank you yellen and friends. You continued where greenspan and BUBBLE ben bernanke left off.... S$$$P FUT2112.00 14.25 +0.68% DOW FUT18027.00 116.00 +0.65% NAS FUT4528.50 28.75 +0.64% OIL59.79 0.18 +0.30% More Markets 03:02:17 AM ET
Asia up now Europe is up as well. All this on news Greece meetings are only going to be extremely positive ...more bailouts Dow futures continue to move higher Up 120 on Dow futures S$$$P up 15 NASDAQ futures up 30.50 Russel up 6.50 All free money....imagine all the millionaires and billionaires ....they are just collecting free money left and right from this fed bubble...
Its been smoke.and mirrors probably for the last 20-30 years. The only way this economy grows is through asset bubbles. I have no idea why no one comprehends this. This entire market is smoke and mirrors but that will only be known after the collapse. Im not going to stop predicting this collapse. Its going to be a real wake up call for everyone once it happens. Smoke and mirrors is all this market is and its sad when others don't see that being the case. They think this is a real economy with real earnings. Its not. Strip out every last worthless dollar the fed has printed and this market would be worthless .....the fed has created this illusion that the everything is better. Its not. We are actually worse today than any other time in history...the fed is doing a great job in covering up every single imperfection that exists....they can only hide those imperfections for so long before the collapse comes and Every economy around the world goes into full crisis mode...nothing this time will save it....remember bull markets do not last forever...this one will end just like the last ones that have ended with a full blown correction of at least 50%. Everyone can laugh now, but they wont be when its actually taking place.....can't wait to see the fed try and save the market then...
Non stop futures run all night long....free money for everyone at the open....and its one of those days like last Thursday where the market went up the entire day without any pullback....you will not see this rally fade any time throughout the trading day today...zero pullback ..just a rally from the open to the close....0.02% chance it goes red...which means a definite rally ...im going with 200-250 point rally by the close...thank you dovish fed and 0% interest rates for this opportunity ...also would like to thank the Greece bailout and all the propping that's being done to help keep the markets afloat...remember there is no such thing as failure and no such thing as free markets.....only the fed ...cheap worthless money and bubbles S&P FUT2116.50 18.75 +0.89%DOW FUT18064.00 153.00 +0.85%NAS FUT4543.25 43.50 +0.97%OIL60.05 0.44 +0.74% More Markets 05:17:12 AM ET
Europe up almost 3%. Imagine if the dow did a 3% in one day...whewwww... I think they should have a Greece meeting every other day. Dow could be at 50,000 in a few years ....just knowing that a meeting is taking place is putting the markets in rally mode. If there is a deal the Dow could be at 19000 next week.... Europe opens higher of key Greece meetings *FTSE6785.90 75.45 +1.12% *DAX11368.55 328.45 +2.98% *CAC 404953.11 137.74 +2.86%
End of quarter jam up...make it pretty.....LOOK LIKE A HIGHER OPEN ON WALL STREET...FREE MONEY WITH ZERO RISK $$$$$