Dow Jumps 430 Points After ‘Stealth’ Fed Ease

Let's see: Another big down day at 3 pm, when suddenly, out of the blue, a rocket ship to the moon and beyond in only one hour! I swear I've seen this chart several times in the past, hmm, when was that? hmm ... I'm sure it will come to me.

I wonder who made the money on those quick drops in the last couple of hours. Indexes dropped really quickly a few times and then went back up. Weird movement very unusual.

More give aways behind the scene to the big banks.

What happens if inflation hits double digits? That's controlled by interest rates, so them keeping their word could lead to stagflation.

Too volatile for me. Made my money on shorts yesterday. Made a little on longs today on the dead cat bounce. If you're a gambler nows a good time to make some money or maybe loose some money? I agree with the author we need QE3 or the markets to completely tank to get a trend line going. Going to sit on the sidelines until there's somekind of trend.

The Fed says they are going to continue the window exchange near zero for another couple of years -- same as the last two. How is that an easing? And they note that the second half is expected to be weaker. So why a 430 point rise?

The day 8/9/11 you witness the real result and rewards of the 'Stealth' Fed Ease at working,the zero or 0.25% interest good up to mid-2013 ease loan from Fed does the wonderful thing Dow rebound 429 points!

Wall Street doesn't care nor do they respond to the economy. It rocketed because taxpayers will continue to provide FREE money to the 19 banks at least another 2 and a half years.

There are times in the past 40 years or so that I thought the stock market resembled a turkey shoot. Unfortunately of late it resembles a crap shoot and not much different from our Washington leadership in overseeing, (ha ha ), our economy. Unfortunately anyone in the middle class that is still solvent is really as the old saying goes, screwed, blued and tatooed! Why? It really doesn't matter where you have any savings, unless it is in a can in the back yard, it is tied to the stock market and and the Feds. near zero interest rate. There is only one reason for this abomination and that is to keep the interest on the ever raising national debt from absolutely going though the roof! It is still the same old song and the stupidity of trying to kick the debt problem down the road in the hope that some genie will come along and solve the problem later. Unless some miracle is out there some place, the road ahead looks bleak at best! I for one take most of the pure manure the public is being feed from all sides with nothing but a grain of salt and try to rely on what common sense I have left. I hope my system works for every thing else doesn't seem to offer me much hope.

Here business has been in a deep downturn. After Obama got elected my health care costs per person went from 880 to 2430. Koolaid drinkers say this has nothting to du with Obamacare fears. They will probably re elect Obama since so many are government connected. QE3 will reward some group with koolaid and they will re elect their god obama again.

The Weimar Republic economic approach. Just print more money and dig a deeper hole. Yeah, that's the ticket!

Has anyone thought to look at who is making all the money and ask your self why are they capitalizing on everybody elses losses. Who stands to gain the most when a market is down 500 points one day and up 4to500 the next.

Does anyone know a website that tracks movement of the high frequency traders who are shaking investors down with their fake-outs? CNBC Fast Money called foul on the HFT action yesterday, and I hope they continue to cover it.

It is the system,the capital initiative and derivative driven value system that downgraded the US Credit Rating. The observation of outcome of consequence of failure of American Capitalism in their great enterprise and endearvor of financialization of the American economy.The Financial Capitalism learned to indulge and eager to rely on ,and in fact really needs the shares of public revenues, like QE1,2, and now QE3 for relief of crisis and distress.

The policy is to pump the market, but not to fix the economy. The low interest and the QE are responsible for the decline of the USD. This helps the multi-national corporations that make more than 50% of their earning overseas (if the USD declines 10%, their profits can easily improve by more than 5%). For Americans, we have to pay higher for imports due to the weak USD, and what is not imported nowadays?

Also, the policy forces investors to keep money in stocks! We earn nothing and soon will pay the banks to keep our money (low rate and the banks have to pay to insure our money, so they will eventually charge us to keep the money in the bank). This happened in Japan before.

How long can the illusion of growth last? This depnds on how long the ecomomies outside of the US hold up. The day is near as the debt crisis in Europe will certainly shrinks the economies of the PIIGS which will also affect the entire Euro zone. We need to watch China more closely to look for hint of if the world economy as a whole slow. If China slows down, it means less exports, and hence means weak and shrinking world econmy.

So, I am not jumping onto the buy-wagon.

Obama and his lacky Bernanke will do or say anything to spike up the stock market. It hides the real rot they created in the economy... crushing debt. Obama knows that his re-election hinges on healthy 401k's. I voted for him, and it was the worst mistake I ever made. His middle name is "duplicitous." He says one thing, and does the opposite every time. Wall Street has him in his back pocket, and they have since day one!

Plung protection team to the rescue.

'Daily Ticker' seems doomed

Anyone surprised that when congressmen use the threat of default as a bargaining chip in negotiations you can create a market crash?

Idiots.