LMAO!! Dow up 260...based on bad jobs numbers!!!! | |
Anonymous Coward User ID: 69928816 United States 10/05/2015 01:58 PM Report Abusive Post Report Copyright Violation | |
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Copperhead User ID: 70463386 United States 10/05/2015 02:35 PM Report Abusive Post Report Copyright Violation | “I would classify today—and the reversal last Friday—as a change in the perception of the location of risk,” said Ian Winer, director of equity trading at Wedbush Securities. “The market decided Friday morning at 10:30 a.m. that pushing a rate rise out and keeping the easy money policies of this Central Bank was the most important cue on how to invest than the fundamentals of the economy.” [link to www.marketwatch.com] It's all about keeping the free money flowing. |
Anonymous Coward User ID: 41217310 United States 10/05/2015 02:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 11966602 United States 10/05/2015 02:44 PM Report Abusive Post Report Copyright Violation | The idea that bad news is good because it means no rate hike is moronic. This market is still a bubble based on irrational optimism. What has gone up WILL come down -- now or next year -- when the FED may have to raise rates regardless of all the "bad news". |
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Anonymous Coward User ID: 24742878 United States 10/05/2015 02:53 PM Report Abusive Post Report Copyright Violation | “I would classify today—and the reversal last Friday—as a change in the perception of the location of risk,” said Ian Winer, director of equity trading at Wedbush Securities. “The market decided Friday morning at 10:30 a.m. that pushing a rate rise out and keeping the easy money policies of this Central Bank was the most important cue on how to invest than the fundamentals of the economy.” Quoting: Copperhead [link to www.marketwatch.com] It's all about keeping the free money flowing. Bingo! |
Sikhed User ID: 5898996 United States 10/05/2015 03:07 PM Report Abusive Post Report Copyright Violation | Do bad job numbers mean more work being automated? Does automation mean higher profits? Quoting: Anonymous Coward 41217310 Earned profits are irrelevant. Fortune 500 makes their money threw QE. QE4 has been promised before the end of this year. (Right now the markets are running on a covert QE by the PPT.) Last Edited by Sikhed on 10/05/2015 03:08 PM :doom360: |
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Anonymous Coward User ID: 2574216 United States 10/05/2015 03:13 PM Report Abusive Post Report Copyright Violation | I'm enjoying it quite honestly. I have no doubt things are going to come apart in a scary way at some point in the not too distant future. But for now I'm going to enjoy easy living while it lasts because when things do come apart we all will be spending a lot more of our time just trying to survive. |
Sikhed User ID: 5898996 United States 10/05/2015 03:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 68474273 United States 10/05/2015 03:51 PM Report Abusive Post Report Copyright Violation | DOW or any market is no longer a barometer for anything. They are all, as we have seen, clearly rigged. I am surprised you don't have to relinquish your phone, watch and the ability to see what time it is to gamble in this casino. That is probably coming. I am going with blackjack with no autoshuffling. |
Anonymous Coward User ID: 2574216 United States 10/05/2015 03:54 PM Report Abusive Post Report Copyright Violation | Yes, might as well use the system to your advantage while you can. Quoting: Sikhed But knowing the collapse is coming, puts you ahead of 95% of the populace. (And prepare accordingly) I fully agree and have/am preparing as best as I can. I'm just not in as big of a hurry as some around here are. Even with our corrupt system things are still pretty damn easy right now, when compared with what people had to do to survive throughout history. |
Halcyon Daze (OP) User ID: 70077538 United States 10/05/2015 07:50 PM Report Abusive Post Report Copyright Violation | “I would classify today—and the reversal last Friday—as a change in the perception of the location of risk,” said Ian Winer, director of equity trading at Wedbush Securities. “The market decided Friday morning at 10:30 a.m. that pushing a rate rise out and keeping the easy money policies of this Central Bank was the most important cue on how to invest than the fundamentals of the economy.” Quoting: Copperhead [link to www.marketwatch.com] It's all about keeping the free money flowing. You know, this is exactly correct. As long as the easy money is there for the taking it will be taken. Fine. I get it. But it simply has to end eventually, otherwise every market based monetary theory in history has been wrong. If keeping the market up were simply based in easy money, be it in the form of QE or zero interest rates or both, then they could have simply done that always and the there would have been no carshes or recessions. The bubble grows and the talking heads act like everything is normal and fine. There is no way around how screwed we will eventually be. No way. |
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