So,you are nicely saying,you will beat some sense into him.
It will all balance out in the end.the wheels will fall off hard.You,like me,p.o.'ed we didn't play market harder on uptrend.
I know.Thats why I am loosing my behind on this thing.I am long.I will take positive penny this etf gets.
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its stimulus programs.Kiss of death for longs on this etf.
Good point.Never took that next step in my thought process. Just read on Reuters that with the good economic data released today,they may begin easing QE. i had heard that rumor from a friend who is in the market 2 days ago,even made a satirical post about My Bloomberg Terminal said that QE was going to slow down and believed VXX would start to trend up. Again,forgot about all the data that was to be released today.I need to due better DD..New to the game,learning a ton from some very intelligent investors,like yourself.Good luck.
I am long also and have been buying it down.I thought all the cutbacks would create havoc. Nope,not in this subsidized market.That should be Barry's street name,"Subsidized."
Long-Term Sentiment Disclosure:SCREWED
In my opinion,charts do not even play into a market that is being controlled by the government.Seriously,do we really know where this money is going? I recall when world events,investor buying/selling controlled the VIX,thus the name "fear factor." Add the variable of an outside source playing a role and doing God knows what, changes the rules and the goal lines have been moved.When it all settles down,it will be crazy.I wish I was a broker.They will be rich this year.Especially if there is a mass exodus out.They get paid at the front and back door.It is really sad that it has come to this.Great economist are confused and have trouble forecasting what a stock is going to do based on charts and data.For a novice,like me,it is best just to play the indexes up and down.That is the safe thing to do.sad,very sad state of the world.
You were o.k. until you brought his golf game into it. Look for an IRS audit soon.That seems too be S.O.P.,these days.
Yeah,all their fault.Nothing to do with this administrations policy of creating a false economy.Thank God we have this admin.in office.Life is good,no corruption. Benghazi is a Republican witch hunt. Remember we were promised CHANGE and thats all we have left is change.Have to admit,he was honest.
My Bloomberg terminal which is linked right into Benny B."s office,tells me there will be a selloff this afternoon,followed by some major profit taking tomorrow.Benny said,lets just see what happens to the market without our help given a few bad indicators/reports. He said he is going to be helping Barry,Hill.and Eric re:Benghazi issue.Thats all from My Bloomberg Terminal,as of now.Enjoy the day.May the profits be with you.
Only problem is Uncle Ben pulling out the old printing press.He is going to need more toner and a service call soon.Maybe he will get a jam and need a part and be down for a few days.You know like an office copier.I know stupid,but I can dream.
I pray you are correct.If it hits 23,I'll be outta here like shiet through a goose.
Fed Officials Assure America There Is No Bubble In Sight
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In New York this week, Eric Rosengren, President of the Federal Reserve Bank of Boston, assured several audience members surrounding him after a speech on financial market regulation that he saw “no bubbles of any kind, even in real estate,” where he reckoned residential home prices were still selling at a discount to the peak values in 2006. He added that residential homes in Boston and New York were selling at a 10% to 20% discount from the records set before the great recession while prices in Miami, Phoenix and California were at even further below the peak. Rosengren is a member of the Fed’s Open Market Committee that rules over the application of monetary policy and especially the level of interest rates. He made it clear he would support the Fed’s record low interest rates until there is more “traction” in the economic recovery nationally.
This comforting opinion has also been articulated in recent weeks by both Ben Bernanke, the Federal Reserve Board Chairman, other regional central bank presidents and even a leading policy maker at the Bank of England.
On March 20, 2013, for instance, Chairman Bernanke exclaimed clearly that “in the stock market, you know, we don’t see at this point anything that’s out of line with historical patterns. In particular… while the Dow may be hitting a high, it’s in nominal terms, not in real terms. And if you adjust for inflation and for the growth of the economy… we’re still some distance from the high.” He also was of the opinion that “the relationship between stock prices and earnings is not particularly unusual at this point.”
As well, Chicago Federal Reserve President Charles Evans said recently; ” We’ve looked at a lot of things and there’s nothing in the horizon that causes me great angst. Minneapolis Federal Reserve President Narayana added that bubbles are “ something we have to keep monitoring”, but ” I don’t see” any risk at present.
During a recent panel discussion at the Boston Fed a Bank of England official, David Miles, weighed in with his level of comfort by saying ” I don’t think we’re in that kind of territory that obviously makes these asset prices unsustainable and at a bubble level.”
Totally off course on this stock site.I want the individual(s) in a cell with pressure cooker bombs that one can't get to.Make it a reality show,all proceeds to maimed and killed.The individual(s) never know when it will happen,but in time it does.If we start airing that on TV,or executions where there is absolutely conclusive evidence an individual killed someone,especially children,I believe crimes like this would drop.It is a visual society.People need to be scared straight for their actions.This may do it.Death is to easy for who(m)ever did this.I want them to suffer.Apologize for going off course.Best of luck to all.I hope you get even some way reds.
Hate to see any person lose money,but gloat,you put EVERYTHING in perspective.There are families today that would give every penny we made or lost.So they could be with the loved ones that were taken away by a coward(s).
Set yourself an alert on whatever vehicle you use to trade and it will tell you breaking stock and world event news.No drama ...just stating a fact that possibly caused vxx jump.World events do cause changes to volatility.No more no less.No back to trading.