Daytr
i am looking to short again. The only way I see shorting being a success is if the Fed decide to finish QE in next weeks meeting. On past experience I am thinking they will not, however, having watched the markets the last week, the move in the S&P500 seems somewhat artificial. I mean Bullard only said that they were considering pausing the taper. I think that this is at $15 billion per month which isn't a lot relative to previous spending......market response moved from 182 to 196 upward in a week. My thought is the Fed is driving the market up before the meeting to "demonstrate" the market is stable and may actually finish QE this time. I don't think they can keep this QE thing going much longer, and they know it....just a thought, not sure I can put my money where my mouth is yet!
- Forums
- Commodities
- GOLD
- 1250
1250, page-42
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online