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At the close
Feb 3 2014, 16:01 ET
to 15376. S&P
to 1742. Nasdaq
to $96.73. Gold
vs. dollar. Yen
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Punch bowl is taken away, party ends...indexes tottering in high heels, doing the walk of shame, walking slowly back home where they belong..
3 Feb, 05:22 PM
The bleeding isn't over yet..WAY overdue...
3 Feb, 05:35 PM
Kid Dyn-O-Mite !!!
Put a fork in it, Ladies....it's done!!!!....went all cash last week. Wondering where all those cheap Federal Reserve Credits are going to slosh to next. Me ?....I just opened up a major position in baseball cards and Precious Moments figurines....you heard it here first !
3 Feb, 06:24 PM
Ah yes, how about those doggy long term treasuries? Strange how the market runs there during the equity tantrum. Better comfort than gold, although the shiny long lost safe haven cousin provided some support as well today. Is it still the shorts covering? Will the market raise rates again during a summer rally? All in a traders day I guess.
3 Feb, 06:25 PM
Wonder what Janet was thinking getting sworn in today ..Me thinks she was swearing some... ..
3 Feb, 06:26 PM
John Cusack's Pancreas
"Growth slows"? As if there was any organic growth to begin with! Long Beanie Baby's and canned food.
3 Feb, 06:44 PM
All i can do is stare in defiance like a chained animal.
3 Feb, 07:13 PM
Anything that prevents bernanke from taking a victory lap is satisfying! The man has subjected Americas widows and orphans to monetary torture. Widows , with $1million in assets, who lived off the $50K interest income in 2007 - have been living on cold water and dumpster diving in the Bernanke imposed regime. All in the name of goosing the all important stock market.
3 Feb, 08:31 PM
i agree his legacy is still uncertain.
you can't "prove a negative" (we would have had a Great Depression otherwise) problem.
this is without a doubt the worst post war recovery ever.
we are in the midst of an energy boom...among many other booms actually. i think the "recovery" has been poorly sold...if at all...blame game, victimology...the irony being we do have a tremendous recovery underway. (why else would the dollar be soaring?)
buy gold. it's cheap. buy silver. it's cheap.
stocks if you can afford them.
at some point interest rates on savings will turn positive.
3 Feb, 10:21 PM
Too many economic and cultural crosscurrents to count; Domestic oil and gas boom and no XL Pipeline. Increasing consumer purchases and falling wages. Lower unemployment rate with rising non participation rate. Mandatory health insurance with increasingly unhealthy population. Record high DOW and shrinking middle class. Too much government dependence in a nation founded on independence. We are in a very weird place, and I keep investing.
4 Feb, 12:08 AM
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