AI
Tuesday, July 16, 2013 6:58:16 PM
Facts: markets rally under QEs/OTs,
QE1 - spx 666 to 1220.
QE2 - spx 1010 to 1370.
OT1 - 1074 to 1422.
OT2 - 1266 to 1475.
QE3/QE4 - spx 1343 to ????.
All these happened under obama and bernake, not under GW (GW asked the 850B bail out under the approve of US congress, obama printed 4 trillion USD anytime he wanted). You can keep whining and deny it. But it does nothing good to your trading under obama/bernake money scam which is approved by you american people (so you have no one to complain, but yourselves).
So this rally will end when QE3/QE4 end. This is what you need to figure it out, not economics, not earnings, not charts. I can assure you GS is the first to know it. bernanke wants to end QE3/QE4 before he leaves office Jan 2014, but his boss doesn't allow it. You know who I am talking about (one who has power to elect next fed chairman).
QE1 - spx 666 to 1220.
QE2 - spx 1010 to 1370.
OT1 - 1074 to 1422.
OT2 - 1266 to 1475.
QE3/QE4 - spx 1343 to ????.
All these happened under obama and bernake, not under GW (GW asked the 850B bail out under the approve of US congress, obama printed 4 trillion USD anytime he wanted). You can keep whining and deny it. But it does nothing good to your trading under obama/bernake money scam which is approved by you american people (so you have no one to complain, but yourselves).
So this rally will end when QE3/QE4 end. This is what you need to figure it out, not economics, not earnings, not charts. I can assure you GS is the first to know it. bernanke wants to end QE3/QE4 before he leaves office Jan 2014, but his boss doesn't allow it. You know who I am talking about (one who has power to elect next fed chairman).
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