Thread: SteelSaving's Account Talk

I figured the promise of a half trillion more in "free" money would be enough to balance against that.
I guess he should have doubled it.

I have heard some rumors that they are purposely devaluing the EURO, target now is $1.25 against the dollar with more cuts down to parity with the dollar @ $1.00 = 1.00 Euro! That will have a slowing effect on our exports and isn't what the FED has been trying to do to our currency. So what will the all-knowings do now?
I know take a VACATION in Europe, it will be affordable again!

Originally Posted by SteelSaving

I figured the promise of a half trillion more in "free" money would be enough to balance against that.
I guess he should have doubled it.

That would have made it worse. It not the stimulus, it the paying for it. Big business and investors worry more about the paying side of it. The over all theory is give them more they'll spend more.

My comment was sarcastic.

Well I got in a day early and I keep thinking I'm staying a day late. I don't know what happened at the end there to get everything but I out of the red but there it is. If I had waited one more day to get in I probably would have been out yesterday or today but because of that horrid Friday last week, here I sit.
If Monday is looking up, I plan to bail.
Time will tell.

How do you get $1,500,000,000,000.00 from a few $1,000,000.00-aire's?

Somehow, I think everyone's paying more, no matter what the snake-oil salesman says.

http://money.cnn.com/2011/09/20/news...nomic_outlook/

Because God forbid we let any sort of rally continue on...

Originally Posted by SteelSaving

http://money.cnn.com/2011/09/20/news...nomic_outlook/

Because God forbid we let any sort of rally continue on...

What does the economic outlook have anything to do with "this" market??? When we get bad news, the market goes up; when we get good news, the market goes up...

If the economic situation (global or otherwise) was taken into account, the S&P 500 should be at 750-800...

Then what happened yesterday?

Originally Posted by SteelSaving

Then what happened yesterday?

Honestly, profit taking by the big boys... then they bought the dip to do it another day...

This market is too manipulated to honestly resemble the reality of our economy... Or the globe's...

Pesky 1220...