If the Fed Is Smart

It needs to engineer a short scorching here to get the result................. But maybe it's doing it, who knows?

Edited by redfoliage2, 05 August 2011 - 12:03 PM.

I think that many give the FED too much credit! (cue rim shot) Fib

I think that many give the FED too much credit!

(cue rim shot)

Fib

and blames ....................

it is europe again

it is europe again

whatever ...........USA downgrade or Europe.........market drops are not driven by news. The reason they pump the markets is that they want to sell high to the crowds of simpletons who believe markets can go perpetually higher. When they reach a fixed point they begin the wash out which is fast and furious to avoid that someone can escape the trap. A slow persistent rise and a fast drop..........are the elements of pumping and dumping. News don' t have much to do with this. Two months ago there was not any new that could take markets down. Now it's a carnage. Why ? Because it's not the news that drive markets up or down. News are just the justification of a different truth that can' t be told....ever. The truth is that they have sold anything and now they want to buy low. I sold months ago and now I' m enjoying my 47% gain. Today I touched 50% and then retraced. Thanks Bennie for your cohoperation in reducing markets like this.

Edited by andr99, 05 August 2011 - 01:43 PM.

it is europe again

whatever ...........USA downgrade or Europe.........market drops are not driven by news. The reason they pump the markets is that they want to sell high to the crowds of simpletons who believe markets can go perpetually higher. When they reach a fixed point they begin the wash out which is fast and furious to avoid that someone can escape the trap. A slow persistent rise and a fast drop..........are the elements of pumping and dumping. News don' t have much to do with this. Two months ago there was not any new that could take markets down. Now it's a carnage. Why ? Because it's not the news that drive markets up or down. News are just the justification of a different truth that can' t be told....ever. The truth is that they have sold anything and now they want to buy low. I sold months ago and now I' m enjoying my 47% gain. Today I touched 50% and then retraced. Thanks Bennie for your cohoperation in reducing markets like this.

Stock prices are not high here, but the US bonds are over valued and won't stay at this high place for too long.

it is europe again

whatever ...........USA downgrade or Europe.........market drops are not driven by news. The reason they pump the markets is that they want to sell high to the crowds of simpletons who believe markets can go perpetually higher. When they reach a fixed point they begin the wash out which is fast and furious to avoid that someone can escape the trap. A slow persistent rise and a fast drop..........are the elements of pumping and dumping. News don' t have much to do with this. Two months ago there was not any new that could take markets down. Now it's a carnage. Why ? Because it's not the news that drive markets up or down. News are just the justification of a different truth that can' t be told....ever. The truth is that they have sold anything and now they want to buy low. I sold months ago and now I' m enjoying my 47% gain. Today I touched 50% and then retraced. Thanks Bennie for your cohoperation in reducing markets like this.

Stock prices are not high here, but the US bonds are over valued and won't stay at this high place for too long.

if you are looking at the average p/e you might be right, BUT IF an economic contraction is close at hand as many think, you will see soon those p/e ratios
skyrocketing............................................ and as you know the indexes discount any fundamental six months in advance more or less

I would say that the good new for the bears actually is nasdaq's behaviour............it was resilient as the tech bubble looked like it never wanted to end. In these latest days it seems that the missing piece has joined the rest of the troop

Edited by andr99, 05 August 2011 - 02:35 PM.

forgot........it is obvious imo that next week we will bounce a bit..............but for the IT low.........september imo.