Forget about futures or where your stupid stocks open this morning. The real action will come after the Fed has their say, tomorrow afternoon. Will the Fed “taper” as many suggest? Or, will Ben and Co. continue the path of God, liquifying the markets so that we might enjoy splendour, live leisurely while the poor suck on pieces of black coal and mutton?
All of these questions, AND MORE, will be answered tomorrow.
For now, sit back and relax like a man on deathrow just one day before he is to visit ol sparky.
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OG Ben and his beard are making it rain ‘Money’ Mayweather style tomorrow, snow dat.
If you were a betting man?
Which you obviously are.
Does Ben keep the juice flowing?
I’d bet we sell on any news.
Even though I’m over 46-1/2 I’m sticking around here.
Thanks.
You’re good till 47 1/2.
Your right!
I got that beat too.
No matter what the Bernank says, there will be profit taking.
another easy baseless ramp to short
godbless people like you so the short squeezes can continue to push stocks “irrationally” higher again and again.
We go up. No matter what.
LMAO – famous last words
If fed hikes rates it’s bullish because the economy is better than expected. If fed hints art further stimulus it’s bullish because they support the markets…
LMAO @ bullishboob. clueless
I think I hear your margin clerk calling
unlike pikers like yourself – I can afford a cash account. clown.
I suppose your substance-less ad hoc attack makes sense in your reality. But the truth is, even Buffett has a margin account evidenced by his short 2016 S&P puts.
just because you have access to margin doesn’t mean you have to use it. you’ve proven yourself to be some CNBC clown
how do you short without a margin account? inverse ETFs only?
Or are you just a paper trader?
The Major Methodology of “Take the Event Out of Play” , is at work again. This has been an ongoing theme for years now.
1. Build hype around an event that is two to four weeks out; could be a number, a meeting, an announcement, whatever. Fed meetings are perfect as are non-farm days.
2. Sell it off, but never ever more than 5%
3. Start the ramp 2-3 trading days before the event.
4. Make the ramp so aggressive, that it triggers technical buying before the event ever happens
5. Market takes the newly neutered event on the fly to new all time highs.
6. Start thinking of new event
With regarding to the cost of lumbers.. this avatar, somewhat of an expert in the art of fine timber requested a large batch of zebrawood at the wholesale price of $12.45 a board foot. Greenhorns would easily pay in excess of $20bf. All lumbers have risen including the more lascivious northeastern pine. This avatar would welcome a natural gasesque cascade to the prices of lumber; however, due to scarcities and tariffs for exotics this trend doesn’t seem to be heading downward.
Kindly regarding,
Scotch the Tape
The Man of East seems to be heading north today. (EMN)