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Post by brosin on Jul 13, 2011 11:36:25 GMT -5
cate_longCate Long Ron Paul to Bernanke: "Is gold money?" Bernanke: "No it's a precious metal". Paul: "Why do central banks hold it?" Bernanke: "Tradition." 2 minutes agoFavoriteRetweetReply Interesting - LOL @ Bernanke... like I've said, either clueless or devious. Starting to lean more towards the latter after thinking the former for quite a long time
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Post by brosin on Jul 13, 2011 11:44:30 GMT -5
Copper now red on the day...
USD and treasuries absolutely slammed on the day, so that is interesting about copper
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Post by brosin on Jul 13, 2011 12:06:01 GMT -5
zerohedgezerohedge Fed's Bernanke says given uncertainties about recovery and inflation, Fed remains prepared to adjust stance of policy if appropriate 1 minute agoFavoriteRetweetReply now i am not worried anymore...............................NOT In other words, QE3... when in doubt, print more money and dig us a deeper hole!!
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Post by Clinton SPX on Jul 13, 2011 13:10:55 GMT -5
The bernank is gaming the market. Euro is in trouble so he buys some euros and starts rumors of QE3 to scare the Dollar bulls.
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Post by Clinton SPX on Jul 13, 2011 13:15:14 GMT -5
SPY 10m stoch getting low
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Post by Clinton SPX on Jul 13, 2011 13:16:01 GMT -5
got a tail candle sitting on the 50ma just like yesterday before the downgrade
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Post by Clinton SPX on Jul 13, 2011 13:36:05 GMT -5
cashing in all scalps in the green, I got a bad feeling here
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Post by brosin on Jul 13, 2011 13:55:13 GMT -5
The bernank is gaming the market. Euro is in trouble so he buys some euros and starts rumors of QE3 to scare the Dollar bulls. You mean the Euro bears? ;D
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Post by timber on Jul 13, 2011 14:00:38 GMT -5
i think the bears have it totally wrong this year...sorry im entitled to my opinion ;D.....japan is just starting to come around....and china posted great numbers today
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Post by crumbdon on Jul 13, 2011 14:15:20 GMT -5
i think the bears have it totally wrong this year...sorry im entitled to my opinion ;D.....japan is just starting to come around....and china posted great numbers today I want to believe you're right, I really do... but the bulls are going to have to show waaaay more testicular fortitude than they have so far today. Here's hoping (but perhaps not entirely believing).
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Post by Rich on Jul 13, 2011 14:34:59 GMT -5
without any bullish news, technicals say we drop a bit more at least.
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Post by Rich on Jul 13, 2011 14:40:50 GMT -5
1296 imminent IMO
get your shorts on
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Post by Clinton SPX on Jul 13, 2011 14:42:07 GMT -5
cashing in all scalps in the green, I got a bad feeling here This might be my best trade of the week
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Post by Rich on Jul 13, 2011 14:48:11 GMT -5
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