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No Taper

Posted on 9/18/13 at 1:01 pm
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/18/13 at 1:01 pm
WOW!
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 9/18/13 at 1:03 pm to
Bad news is still good news. This is grea...terri....ambiguous to hear.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 9/18/13 at 1:04 pm to
That explains the spike....
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/18/13 at 1:07 pm to
Gold jumped $35 and the 10 yr dropped .09 to 2.76 very quickly.
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 9/18/13 at 1:11 pm to
Most of the street just scratched their head, really surprised by this.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 9/18/13 at 1:12 pm to
I love it when the CNBC talking head 'experts' have egg smeared all over their face.

There is so much crawfishing going on there now we could pass a good time wid' a crawfish boil, cher!

Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/18/13 at 1:14 pm to
quote:

Most of the street just scratched their head, really surprised by this.


So now what?
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 9/18/13 at 1:17 pm to
Buckle in. Hold on tight.
Posted by Lsut81
Member since Jun 2005
80151 posts
Posted on 9/18/13 at 1:18 pm to
fricking incredible...

Bad news is good news

Seriously, how long can we keep throwing money at the issue with no results?
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 9/18/13 at 1:22 pm to
Market is in a over bought mode now for sure. Suckers every day.
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 9/18/13 at 1:26 pm to
I was really expecting Gross to have his shirt off spinning it around when they went to him on CNBC.
Posted by Lsut81
Member since Jun 2005
80151 posts
Posted on 9/18/13 at 1:27 pm to
quote:

Market is in a over bought mode now for sure.


Thinking of selling some stuff
Posted by Blakely Bimbo
Member since Dec 2010
1183 posts
Posted on 9/18/13 at 1:28 pm to
Dow just hit all time high.

Short covering.
Posted by Dr Rosenrosen
Member since May 2006
3339 posts
Posted on 9/18/13 at 1:31 pm to
Seriously, how long can we keep throwing money at the issue with no results?


The S&P 500 shatters another all-time high and is up 158% in four years. We've had great results!!!

Go Ben Go!!!
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 9/18/13 at 1:32 pm to
quote:

Thinking of selling some stuff


Remember greed is a killer.
Posted by Dr Rosenrosen
Member since May 2006
3339 posts
Posted on 9/18/13 at 1:35 pm to
Bernanke is just absolute money. Amazing leadership from this Fed regime.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 9/18/13 at 1:40 pm to
quote:

I was really expecting Gross to have his shirt off


Something seen cannot be unseen.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123913 posts
Posted on 9/18/13 at 1:42 pm to
quote:

WOW!
+1

All indications pointed to taper of $10B, maybe $15B.
Posted by Lsut81
Member since Jun 2005
80151 posts
Posted on 9/18/13 at 1:42 pm to
How long has the pumping been going? Spring of 09?

So like 55 months give or take?

55 X 85B = 4.675 T

Plus another 800B in stimulus

So we've thrown around 5.7T Dollars at the problem and we still have unemployment over 7%, 40yr low worker participation, record foodstamps, etc....

Great fricking investment

But hey, the market is at record highs.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/18/13 at 1:43 pm to
quote:

How long has the pumping been going? Spring of 09?

So like 55 months give or take?

55 X 85B = 4.675 T


I don't think QE3 has been going on for that long. I could be wrong though.
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