Hey, I am a poor writer, so, i am posting a CNBC article that says what I see.
I see the recent actions of Ben and other banks as a desperate attempt to stop a European bank crash and a US tumble as well............ I am shocked Congress didn't stand up and scream !!!!!!! Last time it took a law suti by Bloomberg and this time he just did it publickly ! Debt be dammed ! What is another trillion or so !
All the expected US corporate things like buybacks and takeovers are going on at a fast pace and the political situation is not getting better. The JOLTS survey shows that a million new jobs would only negate 3 weeks of current job losses and if they do something it would be a good time to sell into a rally !
All the Obama plans are paying for things in the future and no guarantee that they will get paid as the forecasts are too rosy...
As a Republican I can tell you as of 9/16 we have no credible candidate and even with double digit unemployment and more Gov. handouts Barry will live rent free 5 more years,so, no hope there.........
If your not into trading the ups an downs.......Get out or be short ! gb