If the Fed partakes in an unsterilized form of QE, the markets will trade higher for the next 20 weeks. Sure, there will be pit-stops and walls of worry to hurdle over; but rest assured, asset prices will respond to an expansion in the money supply.

Should Ben cave into the idiot hawks, the markets will plunge.

Any questions?

The only reason why we’re not lower today is because of this week’s Fed meeting. It looked real dicey this morning; but there’s a bid in the market.

Forget about what “The Fly” is doing and concentrate on what’s important to you. My threshold for risk and danger is much higher than most, as evidenced by my proclivities to speed race in cars made from dynamite sticks. I just swung a -3% deficit to a +13% boom in two weeks. That’s fucking nuts.

Granted, it is my god given right to luxury and winsip, by lightening or through pressing a single button on a computer keyboard: I shall have my wins and have it served to my liking.

I am dealing with a mixed bag this morning. But I do not fear the market at all. It is stupid, filled with base participants who know nothing about the world and how it works. Some of these amoebas come to iBC to offer me financial advice. So funny.

Bottom line: QE3 means we go in the black for the entirety of the summer and beyond. Failure to inject liquidity will result in the immediate collapse of equity prices into black space.