MrHanky Posted February 23, 2011 Report Share Posted February 23, 2011 Are there any bears alive to actually ride it down? Link to comment Share on other sites More sharing options...
MrHanky Posted February 23, 2011 Author Report Share Posted February 23, 2011 Bully was close to ramping it,they got turned back at the right time.Next day or 2 is huge.... Link to comment Share on other sites More sharing options...
MrHanky Posted February 23, 2011 Author Report Share Posted February 23, 2011 Fed official mulls early end to bond-buying plan WASHINGTON (AP) -- A Federal Reserve official said Wednesday that he may push for an early end to the central bank's $600 billion bond-purchase program if inflation shows signs of spreading. Charles Plosser, president of the Federal Reserve Bank of Philadelphia, is an outspoken critic of the program, which is slated to end in June. In a speech to business people in Birmingham, Ala., Plosser said he "would not rule out" pressing the Fed for an early end to the program if the economy grows more strongly than anticipated and inflation picks up too much speed. http://finance.yahoo...2&asset=&ccode= Link to comment Share on other sites More sharing options...
Bungster Posted February 23, 2011 Report Share Posted February 23, 2011 Bearz haven't gotten this much action in....forever... Link to comment Share on other sites More sharing options...
2faas Posted February 23, 2011 Report Share Posted February 23, 2011 Fed official mulls early end to bond-buying plan WASHINGTON (AP) -- A Federal Reserve official said Wednesday that he may push for an early end to the central bank's $600 billion bond-purchase program if inflation shows signs of spreading. Charles Plosser, president of the Federal Reserve Bank of Philadelphia, is an outspoken critic of the program, which is slated to end in June. In a speech to business people in Birmingham, Ala., Plosser said he "would not rule out" pressing the Fed for an early end to the program if the economy grows more strongly than anticipated and inflation picks up too much speed. http://finance.yahoo...2&asset=&ccode= Soooo, let's see. You have an article in the WSJ blaming the Fed for the turmoil in the mid-east http://online.wsj.com/article/SB10001424052748704657704576150202567815380.html?mod=googlenews_wsj Another Fed Governor basically saying that it's time to break up the banks... http://www.kansascityfed.org/publicat/speeches/hoenig-DC-Women-Housing-Finance-2-23-11.pdf And the above referenced link hinting to an early end to QE11. All on the same day. Smells like trial balloons which means the Fed is starting to send a message. No? Nothing happens in a vacuum. Link to comment Share on other sites More sharing options...
Jimi Posted February 23, 2011 Report Share Posted February 23, 2011 Soooo, let's see. You have an article in the WSJ blaming the Fed for the turmoil in the mid-east http://online.wsj.com/article/SB10001424052748704657704576150202567815380.html?mod=googlenews_wsj Another Fed Governor basically saying that it's time to break up the banks... http://www.kansascityfed.org/publicat/speeches/hoenig-DC-Women-Housing-Finance-2-23-11.pdf And the above referenced link hinting to an early end to QE11. All on the same day. Smells like trial balloons which means the Fed is starting to send a message. No? Nothing happens in a vacuum. Nice forensics. I think you're spot on. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted February 23, 2011 Report Share Posted February 23, 2011 Are there any bears alive to actually ride it down? What am I...chop liver??? For the week..i rode NQ down for +45 points. NQ up for +10... ES down for +6.. TF down for +8... TF up for +1... At the peak last week i was down a nice -45 points on those NQ short...but i saw this decline...i really did. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted February 23, 2011 Report Share Posted February 23, 2011 I got the 'MAD' sell signal across all 4 indexes today. Might get an half ass bounce again in the morning tomorrow. Link to comment Share on other sites More sharing options...
2faas Posted February 23, 2011 Report Share Posted February 23, 2011 Nice forensics. I think you're spot on. Tanks, the pieces are out there if you look. Doesn't mean we can't rally back to one more marginal, divergent high but I think this last few days was a sea change in favor of the bears. Link to comment Share on other sites More sharing options...
Bungster Posted February 23, 2011 Report Share Posted February 23, 2011 I got the 'MAD' sell signal across all 4 indexes today. Might get an half ass bounce again in the morning tomorrow. I didn't! My stuff was saying we needed another week before we headed down...I missed it by just a smidge... Link to comment Share on other sites More sharing options...
Ags Nightmare Posted February 23, 2011 Report Share Posted February 23, 2011 Pony Tail 2 patting himself on the back for catching 7 Mosaic points...the exact low on Mid Day Lost Money. I Don't Know Asks him what made him suddenly buy it when everything looked awful... Ah uh Ah ah ah uh... Link to comment Share on other sites More sharing options...
swordfish Posted February 23, 2011 Report Share Posted February 23, 2011 UK will rise rate by may 2011, europe will do the same. no more QE3. Im talking about it for the last 2-3 months. March could mark a TOP Link to comment Share on other sites More sharing options...
capitall Posted February 23, 2011 Report Share Posted February 23, 2011 Soooo, let's see. You have an article in the WSJ blaming the Fed for the turmoil in the mid-east http://online.wsj.com/article/SB10001424052748704657704576150202567815380.html?mod=googlenews_wsj Another Fed Governor basically saying that it's time to break up the banks... http://www.kansascityfed.org/publicat/speeches/hoenig-DC-Women-Housing-Finance-2-23-11.pdf And the above referenced link hinting to an early end to QE11. All on the same day. Smells like trial balloons which means the Fed is starting to send a message. No? Nothing happens in a vacuum. Yeah, perhaps the Fed & friends have decided to use the market to demonstrate the need for more QE. And the need to be nice to the banks and not break them up, because we need the banks to be whole to be the driving engine of our recovering economy-- or maybe it's just that the banks will crash the market totally, to get revenge on citizens, if we decide to break them up. "Stick 'em up! Don't move or your 401K gets it." Link to comment Share on other sites More sharing options...
MrHanky Posted February 23, 2011 Author Report Share Posted February 23, 2011 Soooo, let's see. You have an article in the WSJ blaming the Fed for the turmoil in the mid-east http://online.wsj.co...=googlenews_wsj Another Fed Governor basically saying that it's time to break up the banks... http://www.kansascit...nce-2-23-11.pdf And the above referenced link hinting to an early end to QE11. All on the same day. Smells like trial balloons which means the Fed is starting to send a message. No? Nothing happens in a vacuum. Yes,I 100% agree...... They are going to see what the reaction is to all of this "news". Link to comment Share on other sites More sharing options...
I_Am_Madness Posted February 23, 2011 Report Share Posted February 23, 2011 I didn't! My stuff was saying we needed another week before we headed down...I missed it by just a smidge... Would another -100 on the Dow do it tomorrow? Link to comment Share on other sites More sharing options...
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