ProShares Ultra Semiconductors (USD)

[poor_user]

I have to wonder. Did the market rise only in anticipation of what the FED would do or say? Did it think that the FED would say things will get better soon? Did it think this was only going to be a short-term downturn in the economy? What did it think and why? Because after the FED announcement it sunk like a rock.

So what do we do now? Put our profits we took only a few days ago back to work on the long-side? Or does the smart money wait for a bit before doing so?

I had to laugh when the FED said the economy will not recover until many years out. They do not know what will happen tomorrow or next week for that matter. They are out of their minds. The economy movement is up to all the consumers and the businesses out there run by people like you and me. It is up to us to decide to take on more risk and spend or start a business or grow the one you own, etc. The FED does not know whether I will decide to get bigger in two years and guess what I am not going to tell them anything before I make my move either. And let me guess...neither will most of you out there. So the FEDs are idiots. They need to shut the heck up and get out of the way and let the free markets go.

I just can't believe they are actually listened too.