anyway with Europe doing all this, if I was Bernanke, I wouldn't
do a QE3, Europe is doing it for him. So I would not be
surprised to see the Fed here stay the course
I have been thinking a similar thought regarding Bernanke.
What if he waits on QE3 until September or later and the market is
disappointed and moves down?
Noting that RSI 2 is over 90% on the S&P so I took a
position in TZA.
Posted by frtaylor on 27th of Jul 2012 at 03:18 pm
FWIW, a couple fund managers on CNBC earlier today saying just
the opposite regarding a top. Sentiment is bearish, there's
plenty of money on the sidelines; so we will climb the Wall of
Worry. Any pullback from here they believe will be bought and
we go higher for the rest of the year. Or maybe you were
thinking more of a short-term top, as opposed to longer term.
Posted by hweinstein4 on 29th of Jul 2012 at 09:45 am
As long as I have been following the stock market (which is
about 30+ years now), I have always heard the phrase about 'money
on the sidelines' That is very played out overused phrase and I'm
surprised that the spin doctors have been getting away with it for
so many many years now. HW
The market just popped hard again on comments from ECB
Posted by matt on 27th of Jul 2012 at 01:30 pm
The market just popped hard again on comments from ECB President Mario Drughi
Where are we headed Matt?
Posted by lamb on 27th of Jul 2012 at 01:32 pm
any levels you are looking at?
Drughi ... so funny ...
Posted by frtaylor on 27th of Jul 2012 at 01:31 pm
Drughi ... so funny ...
haha. Good one! Drughi the
Posted by sbwoman on 27th of Jul 2012 at 01:32 pm
haha. Good one! Drughi the drug lord.
Yep give the bankster boyz
Posted by steveo on 28th of Jul 2012 at 12:45 am
Yep give the bankster boyz their crack and they will be lovin' life....while the Drug Hi lasts at least.
ha ha, so true anyway with
Posted by matt on 27th of Jul 2012 at 01:34 pm
ha ha, so true
anyway with Europe doing all this, if I was Bernanke, I wouldn't do a QE3, Europe is doing it for him. So I would not be surprised to see the Fed here stay the course
QE3 on hold?
Posted by pwb8 on 27th of Jul 2012 at 01:55 pm
Matt,
I have been thinking a similar thought regarding Bernanke. What if he waits on QE3 until September or later and the market is disappointed and moves down?
Noting that RSI 2 is over 90% on the S&P so I took a position in TZA.
We'll see if it plays out like I anticipate...
Title: QE3 Or, what if all
Posted by stoclady on 27th of Jul 2012 at 02:58 pm
Or, what if all he is going to do is hint and we just don't get a QE3. Just my opinion we are close to a significant top.
FWIW, a couple fund managers
Posted by frtaylor on 27th of Jul 2012 at 03:18 pm
FWIW, a couple fund managers on CNBC earlier today saying just the opposite regarding a top. Sentiment is bearish, there's plenty of money on the sidelines; so we will climb the Wall of Worry. Any pullback from here they believe will be bought and we go higher for the rest of the year. Or maybe you were thinking more of a short-term top, as opposed to longer term.
money on the sidelines
Posted by hweinstein4 on 29th of Jul 2012 at 09:45 am
As long as I have been following the stock market (which is about 30+ years now), I have always heard the phrase about 'money on the sidelines' That is very played out overused phrase and I'm surprised that the spin doctors have been getting away with it for so many many years now. HW
Is there a way to
Posted by kalinm on 29th of Jul 2012 at 05:41 pm
Is there a way to quantify the "money on the sidelines" statement? Can the mutual fund outflows of the last four years be used in some way?
agree
Posted by maverick on 29th of Jul 2012 at 05:41 pm
Is this howard?