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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (2465)4/14/2010 3:01:41 PM
From: GROUND ZERO™  Respond to of 222261
 
Amen...

GZ



To: ggersh who wrote (2465)4/14/2010 3:02:32 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 222261
 
It's becoming more obvious that the stock market is a bull market, so there are lots of investors out there who don't want to miss the move, this is going to make for a very strong market for another few weeks/months...

GZ



To: ggersh who wrote (2465)4/14/2010 3:43:49 PM
From: Hawk5 Recommendations  Read Replies (2) | Respond to of 222261
 
332 Days Till Dow 36,000, As SPY Has Become A 4x Leveraged ETF On The XLFSubmitted by Tyler Durden on 04/14/2010 13:32 -0500

Ben BernankeExchange Traded FundMonetary Policy

At today's rate of market melt up, we will hit Dow 36,000 in 332 days, or on March 12, 2011. This should occur a few days before Bernanke finally agrees to raise the discount rate to 0.50 bps. Also, at today's rate of price change, we will hit $715/bbl on the same day. We are confident that gas at $30/gallon will cause the Fed Chief Execution Officer to evaluate his conclusion that his brilliant monetary policy is not causing the single biggest asset bubble in US history. Last and not least, total US Federal debt on that day will be about $14.5 trillion, and when adding all the off-balance sheet items, should hit about $120 trillion. We have less than a year before total Alice In Wonderland oblivion. Oh, and since the latest episode of market melt up began, the SPY is trading as a 4x leveraged ETF on the XLF. Ignore that this statement makes no sense. Just buy. Buy everything. Then repo it to the Fed, they are particularly receptive to used single ply toilet paper, and then buy on repo margin. Insanity is here.