I only believe that robots operate very well and bid up the markets when liquified, and I know there will be a lot of liquifying, 6 billion a day. In other words, no more flash crashes for 6 months. Once the Fed starts to tighten the screws again, if ever, watch out! Again, the robots are the market. There is no conspiracy. The only conspiracy out there is a robot with a nuke and the Fed that prevents the robot from short circuiting and detonating the nuke like .... October 1987, October 1998, October 2002, Spring 2003, March 2008, September 2008, March 2009, May 2010, .... You get the picture. The nuke is very sizable now. The Fed won't blow it, we are going hyper. Kick that can. The Fed is not alone. No Central bank will make a conscious decision to blow the nuke, they will kick the can until the cows come home. And yes, the nuke is global. The thermonuclear explosion will blast bonds, currencies, equity markets, and commodities. |