Replies to post #3258 on OPTIONS TRADERS CO-OP

[royg1927]

..remarkable the markt can still look bullish

One thing that seems to be rarely commented on (and probably not known or understood) is the fact of Fed pumping money into the system and its positive effect on the stock market.

"QE3" (if it can be labeled as such) is $40B per month of MBS (mortage backed securities) purchases by the Fed which Bernanke announced as a plan without an end point. "As long as it takes" or some such words.

I don't have much of a feel for the actual effect, so I'm trying to select options of stocks that seem to have their own row to hoe.