Best and Worst Performing Stocks Since the March 10 Bottom [View article]
The Fed is going a great job. God bless, the Fed and Bernanke. Many bloggers on this site are fueling fear. They want you to think that aliens from outer space have arrived and the end is near.
Don't believe the extreme bloggers on this site. They are padding their own positions. They are padding their clients. They are padding their websites and books.
You don't understand. What the Fed did today its NOT inflationary. That was the beauty of it. In this action or swap what they are offering is not the printing of more money. They are using Treasuries (securities already in the market and owned by the gov.) to swap the bad debt. In addition, this was a world coordinated effort and you will see more of these type of tools being used. The Fed did not cut rates today and the Dow was up 416 points. Finally, what will happen when the ECB cuts and it will look differently at the dollar now that we have the swap auction by the Fed?
We're having Carmela's lasagne with basil leaves and peaches in red wine for dessert tonight. I told her we got some good news today and we need to celebrate a little.
All kidding aside, I like what Rich Santelli said this early morining: "This is huge."
This is not the absolute end to this crisis but its a big step in the right direction.
What fantastic timing by the Fed. Just when, from a technical point, the Fed unleashed their time bomb. What happened to the crasendo to the down side? Will it still happen?
Best and Worst Performing Stocks Since the March 10 Bottom [View article]
Don't believe the extreme bloggers on this site.
They are padding their own positions.
They are padding their clients.
They are padding their websites and books.
Best and Worst Performing Stocks Since the March 10 Bottom [View article]
The safety net is catching the dead mice that are falling from the ceiling.
The chemo is working. Only in Amercian can this happen and only in America can it be fixed.
Short Covering Helps Boost Stocks [View article]
Short Covering Helps Boost Stocks [View article]
You don't understand. What the Fed did today its NOT inflationary. That was the beauty of it. In this action or swap what they are offering is not the printing of more money. They are using Treasuries (securities already in the market and owned by the gov.) to swap the bad debt. In addition, this was a world coordinated effort and you will see more of these type of tools being used. The Fed did not cut rates today and the Dow was up 416 points. Finally, what will happen when the ECB cuts and it will look differently at the dollar now that we have the swap auction by the Fed?
Short Covering Helps Boost Stocks [View article]
All kidding aside, I like what Rich Santelli said this early morining: "This is huge."
This is not the absolute end to this crisis but its a big step in the right direction.
What fantastic timing by the Fed. Just when, from a technical point, the Fed unleashed their time bomb. What happened to the crasendo to the down side? Will it still happen?