I think he just said they are winding down the punch bowl....
A subtle slip of the tongue...
Ben and QE
Started by
MarketAlly
, May 22 2013 09:39 AM
8 replies to this topic
#1
MarketAlly
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Posted 22 May 2013 - 09:39 AM
The system wasn't designed so that most people could beat it.
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
#2
ogm
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Posted 22 May 2013 - 09:53 AM
"may take away the punchbowl if data warrants"
"policy will remain accommodating even after asset purchases end" ... so don't confuse asset purchases with accommodating policy.
We can end up with a helluva hammer today. Huge volume in the futures. And I mean f-ing huge. 900k contracts this hour so far.
Edited by ogm, 22 May 2013 - 09:57 AM.
#3
MarketAlly
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Posted 22 May 2013 - 09:59 AM
"may take away the punchbowl if data warrants"
"policy will remain accommodating even after asset purchases end" ... so don't confuse asset purchases with accommodating policy.
We can end up with a helluva hammer today. Huge volume in the futures. And I mean f-ing huge. 900k contracts this hour so far.
I suspect this is the sell in May... and then they re-evaluate Labor day.
The system wasn't designed so that most people could beat it.
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
#4
PrintFaster
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Posted 22 May 2013 - 10:08 AM
Hilarious.
Ben changes his mind minute to minute.
Meanwhile, commodities and bonds are vibrating as if the Jolly Green Giant was shaking a huge piece of sheet metal.
All the gold "gloom and doomers" must be staring at their screens in disbelief, watching gold sell off violently.
#5
ogm
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Posted 22 May 2013 - 10:10 AM
"concerns about market frothiness and bubbles have increased" ... About f-ing time.
#6
PrintFaster
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Posted 22 May 2013 - 10:12 AM
No matter what.
Come "Hell or High Water"
Despite gut wrenching volatility in FX and commodity markets.
XRT remains unfazed, as the U.S. Consumer is the ultimate bastion of safety and security, LOL...
[attachment=20902:xrt0522.png]
Come "Hell or High Water"
Despite gut wrenching volatility in FX and commodity markets.
XRT remains unfazed, as the U.S. Consumer is the ultimate bastion of safety and security, LOL...
[attachment=20902:xrt0522.png]
#7
MarketAlly
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Posted 22 May 2013 - 10:12 AM
All the gold "gloom and doomers" must be staring at their screens in disbelief, watching gold sell off violently.
Gold is telling you that what Ben said was true... taking away the punch bowl is deflationary.
I think 1682 (although large scale reversal is 1692-1693) should be held and we can start drifting lower through summer.
Edited by MarketAlly, 22 May 2013 - 10:14 AM.
The system wasn't designed so that most people could beat it.
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
* Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. I do not know your specific risk tolerance or situation
#8
Swiss Trader
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Posted 22 May 2013 - 11:24 AM
Contagious!
Edited by Swiss Trader, 22 May 2013 - 11:26 AM.
#9
gm_general
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