Plunge Protection Team (PPT)'s buy button is stuck, market hits new highs

Discussion in 'Trading' started by bond_trad3r, Mar 5, 2013.

  1. Underlying economy is shit but Dow 40,000 here we come. And to think that once upon a time there were those that doubted the PPT existed. Now we have a Fed promising to buy everything forever.
  2. Why is the underlying economy shit?
  3. Bob111


    if economy is doing great then why do we need QE ∞ ?
    why GDP numbers suck? why ALL markets(stocks,bonds,commodities) are all time high,when all above is true? :)

    personally- i don't care,but my trading sucks lately(all cause of shorts). there is no more fear in this market. and i'm not directional guy,who just short s** all day long..nope... balanced market neutral,low risk, steady\low reward. no volatility, every day just up up up. i would love some gaps ,volume + volatility back,etc.
  4. Because you can't print your way out of a recession.
  5. zdreg


    you can't devalue your way to prosperity.
    (ask chavez)
  6. if you think downside distribution is undervalued buy it.. posts some trades.. otherwise your a talking head
  7. the S&P will print new highs soon! I guess...:mad: :mad: :mad:
  8. "market hits new highs"

    so it does new lows,all the time,on a regular basis.