Jay. A lot of tarp money went into the market. Thats what the Fed wants. A booming market leads people to feel good and think that everything is great. Then they spend more. Thats their brilliant plan. But we all spend more on gas food and everything else imported because of the falling dollar. What a racket. And wall street bonuses this year will be huge.
The FED exists becuase the banks exists...its not the other way. The GS, JPM, etc. tells Benji the next move. Benji can't breath without GS approving. The QE is being sent to the top 5 banks to ... buy stocks with risk free. WHY??? to keep the stock market UP as an illusion to a happy time for the retail buyers (US) to spend money. If they failed, guess who will bail them out??? yes US...the stupid tax payers.
Now the question is HOW LONG WILL THIS MADNESS CONTINUE??? I believe as long as the FED exists and Benji in charge we could see DOW 35,000!!! ofcourse INFLATION will be very HIGH...like mike $10 / gallon, Oil $200, NG at $25, etc.
Abdullah You are right about Goldman. They tell Benji what to do. They were the whipping boy in May, how watch how HUGE their bonuses will be at year end. Goldman IS the closest thing to a financial mafia as there can be.
this is just an exhaustion thrust out of a triangle, i really cannot show you a better example. we've seen a huge close outside the bb. a must short in other words. triangle target points to around 1232.
good luck and feel free to contact me for more information
FROM COLUMBIA public chart pages
How much more???? Try 900 billion dollars more.
ReplyDeleteIt's a cash rich freight train.
Janeva
ReplyDeleteI guess we MUST SAY
TECHNICALS BE DAMNED
THEY LIE
Charts show WANING INTERNALS
??????????????
Nov 17th might only be a retrace such as May11th ??
Jay
Jay, 900 billion is tough to argue with. That IS a
ReplyDeleteshit-load of money. Of course you and I are going to pay for it but...it will end up in the market
US$ long ETN (UUP) touching major $22 support. Has rejected this lower limit twice since 2007 inception.
ReplyDeleteRebound or breakdown?
Janeva
ReplyDeleteWhat did banks do with TARP $$
they hoarded it or bot other banks
Have they REALLY been buying stocks
with Fed $$- POMO - or is it all just HYPE HYPE HYPE
Bankers are a FUNNY LOT
they are NOT investors, especially commodities
THEY WANT GAURANTEED RETURNS
which requires DUE DILIGENCE
Jay
Jay.
ReplyDeleteA lot of tarp money went into the market. Thats what the Fed wants. A booming market leads people to feel good and think that everything is great. Then they
spend more. Thats their brilliant plan. But we all
spend more on gas food and everything else imported
because of the falling dollar. What a racket. And wall
street bonuses this year will be huge.
The FED exists becuase the banks exists...its not the other way. The GS, JPM, etc. tells Benji the next move. Benji can't breath without GS approving. The QE is being sent to the top 5 banks to ... buy stocks with risk free. WHY??? to keep the stock market UP as an illusion to a happy time for the retail buyers (US) to spend money. If they failed, guess who will bail them out??? yes US...the stupid tax payers.
ReplyDeleteNow the question is HOW LONG WILL THIS MADNESS CONTINUE??? I believe as long as the FED exists and Benji in charge we could see DOW 35,000!!! ofcourse INFLATION will be very HIGH...like mike $10 / gallon, Oil $200, NG at $25, etc.
ReplyDeleteAbdullah
ReplyDeleteYou are right about Goldman. They tell Benji what to do. They were the whipping boy in May, how watch
how HUGE their bonuses will be at year end. Goldman
IS the closest thing to a financial mafia as there can be.
Jeneva
ReplyDeleteWith the 600b, its pointing straight at 134.49. Is it possible by end of year
calculation 600 billion/4000 /es contracts = 150 points in sp
ReplyDelete1200 + 150 = 1350. rough idea
this is just an exhaustion thrust out of a triangle, i really cannot show you a better example. we've seen a huge close outside the bb. a must short in other words. triangle target points to around 1232.
ReplyDeletegood luck and feel free to contact me for more information
cementzak
here is my count
ReplyDeletehttp://oi51.tinypic.com/2hx8v2s.jpg
cementzak