View Full Version : isn't the half-life of another qe announcement supposed to be more than 4 or 5 hours?
chad
12th December 2012, 02:06 PM
qe4 announcement and the market is already closing down on the same day?
maybe the mayans were right.
gunDriller
12th December 2012, 03:25 PM
qe4 announcement and the market is already closing down on the same day?
maybe the mayans were right.
i could see a scenario unfolding where the Mayans look amazingly prescient.
the 8% drop in the Baltic Dry Index, which was already ticking along at levels comparable to the most crisis-apparent times of 2008 & 2009 - BLIMEY !
it reminds me of the second leg down in the Dow, during the Depression of the 1930's.
the US gov. can fake the Dow using the PPT. it's harder to fake the BDI shipping index.
if the BDI continues to contract for the next few days the way it did during the last 24 hours - BLIMEY ! (i'm saying "Blimey" instead of "Jeez" or "Jesus" because I don't want to offend G-S.us members who are Christian.)
the Fed increases money printing from $480 Billion per year to $1020 Billion per year - and the market yawns.
Double-Blimey ! :)
Libertarian_Guard
12th December 2012, 03:29 PM
It's difficult for me to believe anyone could take offence at the expression 'jeez'
chad
12th December 2012, 03:37 PM
it's days like today (or tomorrow morning) that i wish i had tv to see what the cnbc was saying.
Libertytree
12th December 2012, 03:48 PM
it's days like today (or tomorrow morning) that i wish i had tv to see what the cnbc was saying.
Well, I'm gonna channel Kreskin or some such and give you a sneak peek. "The economy is fine and growing back to excellent health, these aren't green shoots you're seeing, these are a jungle of the revitalization efforts accomplished by the wonderful work of the Fed, the positive signs are everywhere. You're a moron not to get in the market NOW!! America is leading the world into a new era of prosperity and change."
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