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zzyzzx
2012 Jul 31, 12:28am
If you think the market can hold at the 13,000 level, then go for it.
Personally, I don't see why the market won't continue to oscillate in the 12,500 - 13,000 range for some time.
FortWayne
2012 Jul 31, 12:42am
By the time rumors like this hit the news the price of the rumor is baked into anything you'll buy.
MisdemeanorRebel
2012 Jul 31, 1:15am
They say the "NewQE" is 65% priced in already. Seems to me the ECB and the Fed are doing everything possible not to have another QE - at least until an election.
Probably the US elections in November.
FortWayne
2012 Jul 31, 2:06am
They say the "NewQE" is 65% priced in already. Seems to me the ECB and the Fed are doing everything possible not to have another QE - at least until an election.
Probably the US elections in November.
Homo Economicus. A Legendary Creature, like Bigfoot, claimed to exist by Pseudoscientists.
They might want to avoid it to prevent commodity prices from spiking. That's what happens every time they do a round of QE and it hurts economy.
It is leaked that Fed and ECB will buy $1+ Trillion debt.
Time to get home/student/whatever loan to buy stock and gold?