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Pro Preps For The End Of QE By Constructing Wings Of Feather And Wax

|Includes: DIA, IWM, QQQ, SPDR S&P 500 Trust ETF (SPY)

Wow, now I am beginning to understand the smug complacency coming from the Wall Street elite. Bernanke has revealed the Fed's exit plan from QE and now it seems that everything will turn out fine. While reading the article I came very close to buying into this perfectly reasonable and apparently elegant argument. It seems that the Fed is taking "transparency" to such a degree that they are providing a blueprint for the elite money managers. How could I deny superior inside knowledge and jump on board? Luckily for me, the author's last paragraph sounded strangely familiar to me and it triggered a klaxon warning alarm in my brain. See for yourself.

The bottom line is that the current zero interest rate policy (ZIRP) and the various quantitative easings will be dismantled and undone as slowly and deliberately as they were put on. We'll not be thrown down face-first atop a wooden table, ravished and thrusted upon by coarse soldiers as a sentry guards the door. No, after all this time I believe that our corset shall be untied gingerly and with care, our hips caressed and our neck dappled with an archipelago of gentle kisses. Bernanke is nothing if not a patient lover, subtle almost to a fault. To be positioning our portfolios for anything else, regardless of misinterpreted signals, would be to act against all of the evidence we have. A Professional Preps for the End of QE - Forbes.

According to the author, the all powerful Federal Reserve not only controls the money supply, but it also controls the events of the universe.

It is all so simple. Given his privileged knowledge of the QE exit plan, he has nothing to fear. If something comes up, Ben the All Powerful will step in and make things right.

No need to worry about a fragmenting China. Ben will fix it. No need to fret about an insolvent banking system in Europe coupled with depression era unemployment. Ben will fix it. Hell, why should we even worry about the market correcting 5%, much less 10%? Ben has eliminated falling markets after all.

Is this utopia or what? Time to just leverage up and get rich.

Unfortunately, most people won't recognize this for what it really is; a slightly more subtle way of saying "its different this time".

I look forward to seeing this manager blow up. Maybe I'll send him a Greek mythology book, feathers, and wax. I won't bother sending along an explanation. He wouldn't appreciate it anyway.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.