The S&P has topped !

Discussion in 'Trading' started by fly down, Jan 4, 2011.

Has the S&P topped and headed for a sharp correction?

  1. yes

    58 vote(s)
    30.5%
  2. no

    59 vote(s)
    31.1%
  3. I don't know / I don't care / I don't like you

    73 vote(s)
    38.4%
  1. Locutus

    Locutus

    Yes there are always loopholes but I don't see how this will lead to rampant inflation.
     
    #531     Feb 22, 2011
  2. Maybe not rampant inflation but I do see it leading to inflation because once they free up all the cash they are holding on to and start lending it will add a lot of money to the system in the neighborhood of trillions it will cause inflation
     
    #532     Feb 22, 2011
  3. bkveen3

    bkveen3

    Why can't the FED simply sell all of the T-bonds and other assets they have been buying over the last two years in order to keep money supply fixed? That's what they have said they will do, what do you know that they don't? I just want you to explain why their plan won't work. All you have said so far is that it won't.
     
    #533     Feb 22, 2011
  4. ammo

    ammo

    here are a couple of channels ,broke above and back into the long term, came down and stopped on the shorter term
     
    #534     Feb 22, 2011
  5. ammo

    ammo

    spx daily
     
    #535     Feb 22, 2011
  6. Because they are so focused on getting inflation to 2% that they keep printing money. But once it hits 2% I highly doubt its going to stop there at this point just selling t bonds won't be able to pull the money fast enough. They are going to have to raise interest rates which will halt economic growth and will ultimately led to a temporary increase in unemployment . When that happens people will start crying that another recession is coming. Politically I don't think the fed will be able to do what is necessary for long term growth because of the short term sacrifice
     
    #536     Feb 22, 2011
  7. volente_00

    volente_00




    That's how you call a top drawdown.
     
    #537     Feb 22, 2011
  8. bkveen3

    bkveen3

    Currently the FED is only buying assets that would be bought anyways if banks weren't being extremely risk averse. You say printing, but would it be any different if they FED printed it and loaned it out to some banks and then they purchased the assets? When the financial system is repaired and starts funding business again the FED can match its asset sales dollar for dollar with funds coming in. This keeps money supply fixed and the only thing that can increase is velocity. This would make it demand based inflation and would be considered a good thing. That's just how I'm seeing it. Economics is a guessing game sometimes.
     
    #538     Feb 22, 2011
  9. Tsing Tao

    Tsing Tao

    you're so funny when you're mad. just because violente called the drop in one shot (as opposed to your...er..i lost count...attempts). dont be a hater! :)

    that said, a one day much needed correction doesnt mean its over. or are you hopping on violente's top call too?
     
    #539     Feb 22, 2011
  10. Tsing Tao

    Tsing Tao

    ES up in pre-market for all dip buyers!

    situation in the ME hasnt changed, so you know the market correction was just that.
     
    #540     Feb 23, 2011