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It seemed yesterday like we could have had an oversold bounce today. Now obviously that isn't going to happen unless things rip for the last 35 minutes. Is tomorrow our bounce or are we going to take another tumble?MrMiyagi wrote:5 cents away.Petsamo wrote:SPY's gonna bust yesterday's low
Don't see how they can say this "EXCEPTIONALLY LOW' RATES AT LEAST THROUGH MID-2015" business. Isn't a lock that if Romney wins Ben's out and the Fed gets more hawkish? They can say "until we don't work here anymore, after that it's out of our hands", but I guess that truth just wouldn't fly.Al_Dente wrote:Right, media is saying “nothing new”L_T wrote:So pretty much unchanged from their prior stance right?Al_Dente wrote:he's not supposed to speak, just release of fomcPetsamo wrote:Is da Bernak speaking ?
FED SAYS HOUSING SECTOR SHOWS SOME FURTHER SIGNS OF IMPROVEMENT
•*FED SAYS U.S. HOUSEHOLD SPENDING ADVANCED `A BIT MORE QUICKLY'
•*FED REPEATS `EXCEPTIONALLY LOW' RATES AT LEAST THROUGH MID-2015
•*FED REPEATS IT WILL CONTINUE OPERATION TWIST THROUGH YEAR-END
•*FED TO KEEP BUYING $40B A MONTH OF MORTGAGE-BACKED SECURITIES
•*FED REITERATES `SIGNIFICANT DOWNSIDE RISKS' TO ECONOMY
I thought that “LOW' RATES AT LEAST THROUGH MID-2015” was different than 2014 but i might be behind the curve again
Lacker dissents again
where is the power?MrMiyagi wrote:!!!!POWER HOUR!!!!
I don't know where the final bottom is, but there is strong support at 1390...which would help the ending diagonal theory....Al_Dente wrote:TG would that be bull or bearTraderGirl wrote:Full moon the 29th...
It looks like a bottom at 139 ish
THANKS
If we finish higher than here, we gap down tomorrow prob?TraderGirl wrote:I don't know where the final bottom is, but there is strong support at 1390...which would help the ending diagonal theory....Al_Dente wrote:TG would that be bull or bearTraderGirl wrote:Full moon the 29th...
It looks like a bottom at 139 ish
THANKS
EWG (Germany) needs to finish below 22.68, plus some other thingsL_T wrote:It seemed yesterday like we could have had an oversold bounce today. Now obviously that isn't going to happen unless things rip for the last 35 minutes. Is tomorrow our bounce or are we going to take another tumble?MrMiyagi wrote:5 cents away.Petsamo wrote:SPY's gonna bust yesterday's low
I think it's possible that if and when the market starts to melt down, money could flow back into treasuries "safety" which would cause rates to go down without any intervention...Xian wrote:Don't see how they can say this "EXCEPTIONALLY LOW' RATES AT LEAST THROUGH MID-2015" business. Isn't a lock that if Romney wins Ben's out and the Fed gets more hawkish? They can say "until we don't work here anymore, after that it's out of our hands", but I guess that truth just wouldn't fly.Al_Dente wrote:Right, media is saying “nothing new”L_T wrote:So pretty much unchanged from their prior stance right?Al_Dente wrote:he's not supposed to speak, just release of fomcPetsamo wrote:Is da Bernak speaking ?
FED SAYS HOUSING SECTOR SHOWS SOME FURTHER SIGNS OF IMPROVEMENT
•*FED SAYS U.S. HOUSEHOLD SPENDING ADVANCED `A BIT MORE QUICKLY'
•*FED REPEATS `EXCEPTIONALLY LOW' RATES AT LEAST THROUGH MID-2015
•*FED REPEATS IT WILL CONTINUE OPERATION TWIST THROUGH YEAR-END
•*FED TO KEEP BUYING $40B A MONTH OF MORTGAGE-BACKED SECURITIES
•*FED REITERATES `SIGNIFICANT DOWNSIDE RISKS' TO ECONOMY
I thought that “LOW' RATES AT LEAST THROUGH MID-2015” was different than 2014 but i might be behind the curve again
Lacker dissents again
Sidenote (and forgive the political angle): I guess the "good" thing about Romney, and think everyone can agree on this, is if he says something today, it doesn't mean he'll say it tomorrow. As such, I guess you can only give 50/50 odds that he'll actually appoint a more hawkish Fed Chair despite what he's saying now. (Silver lining of having no core beliefs)
And just to balance things out and not incur anyone's political wrath O has his problems too. (insert America hating muslim, socialist communist, radical Rev Wright christian here) K?
Just don't understand this "low through 2015" stuff. There's no way of knowing that for sure until 2 weeks from now. Which I guess leads to a larger point: In 2 weeks, now matter how the election plays out, an uncertainty is removed. We all know how the market feels about uncertainty.
looks like Cobra won the prize yet again!Cobra wrote:well, still nothing to say, almost at yesterday's low now, the H&S Top target I expected.
You have been right so far, don't stop now...fehro wrote:gap down tomorrow to tag the blue uptrend?