a parabolic move (up or down) in the markets virtually always has a
snap back.
we are currently in a confirmed long term down trend. I
expect the trend will remain down until the fed starts QE3 as
liquidity is going to be sucked out of the markets (humongous bank
and broker) by UST auctions. Next fiscal quarter
they are going to float $660B! can you here the
sucking?
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luquidity
FED Day
Posted by rreich on 9th of Aug 2011 at 11:29 pm
a parabolic move (up or down) in the markets virtually always has a snap back.
we are currently in a confirmed long term down trend. I expect the trend will remain down until the fed starts QE3 as liquidity is going to be sucked out of the markets (humongous bank and broker) by UST auctions. Next fiscal quarter they are going to float $660B! can you here the sucking?