% | $
Quotes you view appear here for quick access.

SPDR S&P 500 ETF Message Board

  • john11cv john11cv Aug 2, 2013 11:31 AM Flag


    When bernanke started qe 1, then 2 then 3 to infinity it felt right at the moment, today it's turned into a gravy train for wall street but not for main street. pushing any and all financial assets to places where they just are not prepared to go on their own. Even though this can last forever, and probably will, america will look back at this in 3 to 5 years and wish to god that they never met ben bernanke. because this man will eventually be blamed for "destroying free market capitalism", just wait watch and see. The new chatter on the street is that the markets are now skewed to go up and when there's bad news? you guessed it, the view quickly becomes .... "buy buy buy because bernanke is going to keep the qe spicket on free flow for yet another year or two or three. so where is the downside risk anymore for the market? unless there's a huge blowup somewhere abroad, what's going to create selling pressure and a "health restoring correction" that brinker and most on the street are saying is needed to keep the higher highs coming for years to come. i say, forget about it, hit the buy button and go back to sleep, bernanke has fixed the market for years to come. we will be up another 100 percent by christmas, guaranteed!!!

209.34+0.06(+0.03%)May 26 4:00 PMEDT