Will we see qe3 tomorrow?

[78X]

Si o no?

[Denny]

It already started when the Fed pumped up investors so they could buy the shit out of shitty bonds. BTW, the Fed doesn't have to announce QE to have QE. In fact, I'm surprised that they announce as much as they do. There was a time that they weren't saying much.

[slow99]

No

[347Mike]

So what does tomorrow bring? It seems like the past 2-3 weeks every Thursday and Friday wipes out any gains that were made monday-wednesday...

The market is still positive for the week and that is the first time in 5 weeks it has happened.

On a side note what time is his speech?

[Sean88gt]

Not after the durable goods orders report from today.

[347Mike]

Not after the durable goods orders report from today.

What are you referring to exactly?

SP500, Dow Jones, and Nasdaq are all still green for the week. What Friday brings, well that is another story.

[Denny]

I wish Thomas Hoenig wasn't retiring, although, it might open a new door for him.

[Denny]

What are you referring to exactly?

SP500, Dow Jones, and Nasdaq are all still green for the week. What Friday brings, well that is another story.

He's saying it was a good report.

[Denny]

The 2nd quarter GDP revision should be out tomorrow as well.

[Sean88gt]

What are you referring to exactly?

SP500, Dow Jones, and Nasdaq are all still green for the week. What Friday brings, well that is another story.

People are buying long term-big ticket items. I'm not sure what the list is made up of but think vehicles, capital equipment, machinery and so on.

[Denny]

Great speech, Benji!!!



You pussy!

[347Mike]

Great speech, Benji!!!



You pussy!

I didn't watch or read it yet but the day ended a lot better than I thought. I was really expecting another shit load of selling. I am however up almost 6.5% today and any day green is a good day indeed.

[Denny]

I didn't watch or read it yet but the day ended a lot better than I thought. I was really expecting another shit load of selling. I am however up almost 6.5% today and any day green is a good day indeed.

Blah, blah, blah... US is on track for long-term growth... blah, blah, blah... the Federal Reserve will step in to assist if needed...

[347Mike]

Blah, blah, blah... US is on track for long-term growth... blah, blah, blah... the Federal Reserve will step in to assist if needed...

Between the first week in 5 weeks of positive gains and just about all the index's MACD's are passing into green, I am hoping this is near the bottom and we get some upwards action.

[slow99]

Excellent