Replies to post #980 on S2 Option Trader

[SyndicateTwo]

Whoever wrote that doesn't get it. The Fed is having to do QE2 because the economy is getting weaker, right? Well, the 10 at 2.3% hasn't done anything, so why would 2%? Lower rates hasn't done anything for the economy just like it hasn't done anything for Japan for 20 years. The problem here is the mortgage mess with the banks. They'll most likely focus on buying bad mortgages off the banks, not buy bonds like everyone thinks. That's going to be the only way they see some effect in the economy.

Nov 3 we'll know.