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Post by abdogman on Jul 14, 2011 10:34:59 GMT -5
NBCNewsNBC News
RT @kellyo Don't pack the toothbrush, “The Speaker has told the White House he sees no need to go to Camp David this weekend.”
2 minutes agoFavoriteRetweetReply
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Post by abdogman on Jul 14, 2011 10:35:47 GMT -5
xlf 14.98
fas 24.17
iyr 60.85
iwm 83.19
spy 131.84
on 1m
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Post by brosin on Jul 14, 2011 10:36:21 GMT -5
at 1102 from this guy we know The market has started to trade down based on Bernanke saying that the Fed is not prepared at this point to take action. Repeating for emphasis: There will be no QE3. (That's why I shorted the strength yesterday morning based on the excitement that more quantitative easing might be around the corner.) The "tails I win, heads I win" Tepper strategy is not appropriate now. If QE3 is in fact needed, we would have to take a much deeper drop in economic activity and in stock market prices. It would have to get very ugly, accompanied by a lot of pain. Neither the political will nor the electorate's acceptance should guide us toward the expectation of more quantitative easing. Indeed, most agree that the consumer got screwed and the middle class got crushed by QE2 as the necessities of life rose in price while their wages stagnated. After all, what was The Bernank going to say yesterday -- that the Fed will never do anything? Of course not! But the reality today is that neither the Federal Reserve nor the Treasury Department have the carte blanche that they once did with regard to aggressive stimulus policy. These are the facts. Disregard the bullish spin. Equities continue to have limited upside. Indeed the market has started to trade down based on Bernanke saying that the Fed is not prepared at this point to take action. Who wrote this AB - UK? Whoever it is, I couldn't agree more with it. |
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Post by abdogman on Jul 14, 2011 10:44:25 GMT -5
Who wrote this AB - UK?
Whoever it is, I couldn't agree more with it.
***************************************
Doug Kass
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Post by ccash04 on Jul 14, 2011 10:48:44 GMT -5
bear flag breakdown on 5 min.
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Post by abdogman on Jul 14, 2011 10:49:24 GMT -5
xlf 14.995
fas 24.17
iyr 60.90
iwm 83.01
spy 131.86
on 1m
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Post by ccash04 on Jul 14, 2011 10:52:18 GMT -5
back to work, good luck to all. remember its OpEx so moves and volatility will be increased.
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Post by abdogman on Jul 14, 2011 10:52:57 GMT -5
zerohedgezerohedge Obama Seeking Emergency Camp David Meeting, Boehner Just Says No is.gd/GT5aCq2 minutes agoFavoriteRetweetReply |
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Post by abdogman on Jul 14, 2011 10:57:02 GMT -5
Have A Good Day Gang.........Have a Good Evening Also......see you in the AM!
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Post by brosin on Jul 14, 2011 11:02:53 GMT -5
Thanks ab and exalt for all you do! have a good one
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Post by Clinton SPX on Jul 14, 2011 12:31:16 GMT -5
I love how the robots sense too many shorts and reverse it super fast
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Post by ppppp3571113 on Jul 14, 2011 12:35:01 GMT -5
gtotoygtotoy
white house says both sides agree on $1.5T in deficit cuts $$
Jul. 14 at 10:29 AM
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Post by Clinton SPX on Jul 14, 2011 12:35:14 GMT -5
rumour on debt agreement
ya right ha ha
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Post by Clinton SPX on Jul 14, 2011 12:39:11 GMT -5
only 1.5T that sucks
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Post by ppppp3571113 on Jul 14, 2011 12:45:22 GMT -5
lol tried to add to my tna short and the bots just ran kept ratcheting the price down 0.1% away from my limits.
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Post by Clinton SPX on Jul 14, 2011 12:45:33 GMT -5
boehner oesnt think back up plan will pass, dont get too bullish
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Post by brosin on Jul 14, 2011 12:46:11 GMT -5
At the same time as we are "cutting" $1.5T in spending, we have printed $1.5T in the past year and half. It's all one big joke to anyone paying attention. In essence, let's give money to the banks rather than goods and services to the people (not saying either is good, but I mean..) |
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Post by Clinton SPX on Jul 14, 2011 12:57:10 GMT -5
dont get too bullish is my opinion
boehner not thinking it will pass is off DJ news
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Post by crumbdon on Jul 14, 2011 13:01:05 GMT -5
Rumor or not, the bears still have the upper hand today (and probably tomorrow too).
But I sure do get a kick out of watching them have to work so hard now to keep it down. ;D
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Post by davetherave on Jul 14, 2011 13:01:18 GMT -5
Bought some AGU at 88.95 a little while ago with the proceeds of my UCO sale this morning.....
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Post by davetherave on Jul 14, 2011 13:04:25 GMT -5
dont get too bullish is my opinion boehner not thinking it will pass is off DJ news Boenher is my hero... I have not seen him cry in some time...maybe when this thing passes he will have a well deserved cry. Real men can show emotion. If you don't you could end up like the "Serenity Now!" guy from Seinfeld. |
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Post by Clinton SPX on Jul 14, 2011 13:07:13 GMT -5
whats santelli saying i dont have cnbc
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Post by Clinton SPX on Jul 14, 2011 13:12:17 GMT -5
Cantors shorting i doubt he will pass the bill
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Post by Clinton SPX on Jul 14, 2011 13:17:39 GMT -5
oil looking strong
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Post by Clinton SPX on Jul 14, 2011 13:28:25 GMT -5
dow -100 in 30 min
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