CURIOUSLY, THE BLACK BOXES ON WALL STREET ARE SCREWING THEMSELVES TODAY... CONSDIER:
THE NOTION IS THAT YOU RALLY INTO THE NEXT QE3...
BECAUSE OF COURSE EVERYONE WILL BUY THE FED QE...RIGHT...?
BUT WITH THE DOW SURGING TO NEAR RECORD HIGHS...
NOW THE FED DOES NOT NEED TO ACT... ALL THE FED NEEDED WAS A LITTLE "JAWBONING" FROM BERNANKE...AND STOCKS SOARED...
OF COURSE HE WAS JAWBONING ABOUT THE ECONOMIC DEPRESSION WHICH IS HARDLY...ENCOURAGING...
BUT...ITS ONLY ABOUT STOCK PRICES WITH THE FED...
SO IF STOCKS RALLY ON THE RUMOR...NOW
THEN MAY NOT ...GET THE NEW...THEN!!!
LOVELY...!!
