Just calling is as it happens, I am very flexible but to have the dream or belief that 2009 or2000 is upon us, is about to happen is an outright fantasy
yes time will tell but the fact that it's a 3 day weekend and markets were up big today is a positive for longs, why you might ask, there is still no fear, controlled selling in the past weeks and then you have a day such as today, if things were bad then there would be a sell off not wanting to be long over a 3 day weekend....enjoy your weekend too
The U.S. economy has the momentum to help weather stormy global financial markets and policy makers have many other options before they would consider driving borrowing costs below zero if they need to protect growth, Federal Reserve Bank of New York President William Dudley said.
“I just find that an extraordinarily premature conversation to be having,” Dudley said at a press briefing Friday in New York. “There are a lot of things that we would do long before we would really think about moving to negative interest rates.”
Financial markets have been routed in recent weeks by concerns over the global economic outlook. Dudley said the Fed was “definitely aware of what’s going on internationally” and would take that into account when the policy-setting Federal Open Market Committee meets on March 15-16.
In a remark that will probably reinforce views among investors that the Fed will not hike interest rates next month, Dudley said that the outlook for how quickly inflation would rise has been dimmed by recent financial-market developments.
“Inflation is probably going to take a little bit longer to get back to our 2 percent objective, everything equal, than maybe what you thought a few months ago,” he said.
My Q's are falt for the week, I am back to where I was last Friday...........cheers
Very nice close, markets closed at the highs of the day, buyers are back...this will continue into next week...Enjoy the weekend all... oh yeah drinks are on me.................cheers
HIGHS FOR THE WEEK so basically this week did not happen I feel so positive for the up coming week I have decided ...Drinks are on me.......enjoy the weekend all....cheers
not today, today is a solid day that will continue into next week, no reason it should not markets are way oversold I mean way over sold
and Nas is at a 5 day high, back to where it was Monday soon we will be back , markets have bottomed.....cheers
buying drinks this weekend that is how sure I am this week was the bottom and starting today we are back to rally time so...........drinks on me Dow up 250, Nas up 58 S&P up 29 holding strong, more buying towards the end of the day.....all in all a very good day, enjoy and drinks are ON ME..........Cheers