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Direxion Daily Energy Bull 3X ETF Message Board

  • lilies778 lilies778 Aug 8, 2011 12:53 PM Flag

    today might might not crash

    dow -300 and recover some by end of day? , because fed meets tomorrow ??
    people have hope on what they might say , like q3 ??
    an thoughts ??

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    • I don't think it will be QE3.. just perhaps Fed reiterates their low rates policy or perhaps if Treasury dips, Fed will buy in smaller stages QE 2.5.

      Any more buying of treasuries will only add to more debt problems, not trim it. We don't want Moody or Fitch to follow S&P to downgrade. If either Moody or Fitch downgrade from here, we could go back to 2008/2009 price.. that's really going to be double dip - not because of liquidity issues or any of the actual economy recession
      but because of "FEAR" - causing self-fulfilling prophecy.

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